Chaphalkar Karandikar Developers
MahaRERA Property Intelligence · Pune
P52100035129 · Off NIBM · promoter Chaphalkar Karandikar Developers
| MahaRERA registration | P52100035129 |
| Registered on | 10 May 2022 |
| Promoter-declared completion | 31 Jan 2026 |
| Current status | Certificate Signed |
| Against today | about 6 months past the declared date |
MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.
Across MahaRERA, Chaphalkar Karandikar Developers is the promoter of record on 14 projects, of which none currently carry a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.
MahaRERA's cost filing puts construction at ~100.0% of the estimated project cost incurred as of the last certificate (₹44.92 Cr spent against a ₹44.92 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.
Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.
Of 166 homes filed with MahaRERA, 153 are sold/booked and 13 remain available (~92% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹85.44 Cr in agreement value so far. Of that, ₹24.45 Cr (~29%) is already collected, ₹60.99 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
What buyers actually paid: across 153 registered agreements, the effective carpet rate is ₹6,488/sqft (typical range ₹6,076–₹7,864) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.
The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | B-102 | 587 sqft (54.54 sqm) | ₹54.03 Lakh |
| Floor 1 | SHOP-5 | 684 sqft (63.55 sqm) | ₹81.94 Lakh |
| Floor 1 | SHOP-8 | 624 sqft (57.97 sqm) | ₹74.75 Lakh |
| Floor 1 | SHOP-9 | 665 sqft (61.78 sqm) | ₹79.66 Lakh |
| Floor 10 | A-1001 | 741 sqft (68.82 sqm) | ₹40.78 Lakh |
| Floor 13 | A-1304 | 981 sqft (91.18 sqm) | ₹54.03 Lakh |
| Floor 13 | C-1303 | 741 sqft (68.82 sqm) | ₹40.78 Lakh |
| Floor 14 | A-1402 | 741 sqft (68.82 sqm) | ₹40.78 Lakh |
| Floor 14 | A-1403 | 981 sqft (91.18 sqm) | ₹54.03 Lakh |
| Floor 14 | B-1401 | 667 sqft (61.93 sqm) | ₹40.78 Lakh |
| Floor 14 | B-1404 | 667 sqft (61.93 sqm) | ₹40.78 Lakh |
| Floor 2 | C-202 | 981 sqft (91.18 sqm) | ₹54.03 Lakh |
| Floor 4 | C-402 | 981 sqft (91.18 sqm) | ₹54.03 Lakh |
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.
The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+14 and 166 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| WING A WING B WING C | 1 | G+14 | 166 | - |
Unit mix on the filing: 157 residential and 9 non-residential (shops/offices).
1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC005000000177889 | 07/12/2022 | Smt. Shantabai Dattu Tarwade vs M/s. Chaphalkar Karandikar Developers Through its Partner Mr. Vikram Vilas Karandikar | order passed |
The promoter has declared 2 court cases on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Honble Civil Judge Senior Division Court Pune | 1299 | 2022 | Appearance And Filing Of Reply |
| Honble Add Collector Pune | 577 | 2021 | Final Order Passed Appeal Rejected |
The promoter has had the MahaRERA completion deadline formally extended 1 time. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.
| From (declared) | To (revised) | Stated reason |
|---|---|---|
| 30 Jun 2025 | 31 Jan 2026 | The unforeseen reason i.e. we have applied for final Fire NOC for lift installation and final Fire work. But suddenly the change in authorities and the govt appointed local officer |
Located at Off NIBM, S M Ghule Road, Pune City, Pune, 411060. Per the filed land record, the plot is bounded to the north by Survey No 43 P, to the south by DP Road, to the east by Survey No 42 and to the west by Survey No 43 P. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~5 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Magarpatta / Hadapsar IT | 5 km |
| Pune Junction / city centre | 7 km |
| Kharadi / EON IT Park | 9 km |
| Pune Int'l Airport (Lohegaon) | 12 km |
| Baner–Balewadi belt | 17 km |
| Hinjewadi Rajiv Gandhi IT Park | 22 km |
Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.
🔒 The verdict & buyer playbook · Compliance report
The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.
🔒 Unit-by-unit guidance · Unit Guidance report
Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.
🔒 Full financial records — escrow, funding & the document catalog · Compliance report
The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.
Should you buy in ELINA LITE?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Chaphalkar Karandikar Developers is the promoter on 7 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).
See every Chaphalkar Karandikar Developers project & its RERA track record →
Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Pune RERA red-flag register.
Last checked against the RERA register: 27 Jul 2026