Paranjape Schemes Limited
MahaRERA Property Intelligence · Pune
P52100000029 · Bhugaon · promoter Paranjape Schemes (Construction)
| MahaRERA registration | P52100000029 |
| Registered on | 13 Jun 2017 |
| Promoter-declared completion | 31 Jul 2024 |
| Current status | Certificate Signed |
| Against today | about 24 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, Paranjape Schemes (Construction) is the promoter of record on 50 projects, of which 4 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.
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.
| Building | Wings | Floors | Declared completion |
|---|---|---|---|
| Athashri - B2 | 1 | G+14 | - |
13 complaints are on the MahaRERA record for this project, with orders passed in 12. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC005000000208295 | 25/02/2023 | Dr.Anita Surendra Zende vs Paranjape Schemes Construction Limited | order passed |
| CC005000000258888 | 27/11/2023 | Guruprasad Shivram Pandit vs Paranjpe Schemes Construction Ltd | order passed |
| CC005000000290036 | 07/06/2024 | VINAYAK PRABHAKAR WALUJKAR vs M/s. Paranjape Schemes Constructins Ltd. | order passed |
| CC005000000290255 | 05/02/2024 | ASHOK MORESHWAR WAGHMARE vs PARANAJPE SCHEMES (CONSTRUCTION) LIMITED FORMERLY MATRIX DEVELOPERS PRIVATE LIMITED | order passed |
| CC005000000320612 | 14/03/2024 | Dileep Gururao Kulkarni vs Paranjape Schemes Construction Limited | order passed |
| CC005000000340654 | 23/03/2024 | Vikram Gururao Kulkarni vs Paranjape Schemes Construction Limited | order passed |
| CC005000000421093 | 10/06/2024 | Milind Vasudeo Bembalkar vs Paranjape Schemes Consturction Limited | order passed |
| CC005000000471329 | 17/07/2024 | Neela Vasant Deshmukh vs Paranjape Schemes Construction Limited | order passed |
| CC005000000471507 | 10/08/2024 | Pradeep Vitthalrao Lakhe vs Paranjape Schemes (Construction) Limited) | order passed |
| CC12400207 | 24/09/2024 | Shilpa Praktan Bhandarkar vs PARANJAPE SCHEMES (CONSTRUCTION) LIMITED | order passed |
| CC12400985 | 03/12/2024 | Vijay Narayan Madiman vs PARANJAPE SCHEMES (CONSTRUCTION) LIMITED | order passed |
| CC12503253 | 13/09/2025 | Milind Madhusudan Bhagwat vs PARANJAPE SCHEMES (CONSTRUCTION) LIMITED | order passed |
| CC12601016 | 25/02/2026 | Sandhya Purushottam Shiralkar vs PARANJAPE SCHEMES (CONSTRUCTION) LIMITED | pending / no order on file |
The promoter has declared 3 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 |
|---|---|---|---|
| Civil Judge Senior Division Pune | 186/2018 | 2018 | Order Below Exh Five Is Rejected Matter Kept For Issues |
| Civil Judge Junior Division Pune | 593/2018 | 2018 | Applicant Has Taken Steps For Issue Of Summons Report Awaited |
| Civil Judge Senior Division Pune | 1480/2011 | 2011 | The Matter Is Kept For Submitting Amended Plaint On Eighteen January Two Thousand Twenty Two For Iss |
The promoter has had the MahaRERA completion deadline formally extended 2 times. 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 |
|---|---|---|
| 31 Jul 2024 | 31 Jul 2023 | Invoking force majeure due to outbreak of pandemic and consequent periodic nationwide lock downs from March 2020 have caused disruption of supply chains for obtaining constructio |
| 31 Jul 2024 | 31 Jul 2024 | In accordance with Oder no 40 dated 27/12/2022 we are applying for Extension without majority consents of the allotees The aforementioned project has received adequate funding fr |
Located at Bhugaon, paud road, Andheri, Mumbai Suburban, 412115. Per the filed land record, the plot is bounded to the north by G61, to the south by G16 AND 12 MTR ROAD, to the east by G4 AND G4A AND OS 13 and to the west by G16 AND 12 MTR ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~7 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Baner–Balewadi belt | 7 km |
| Hinjewadi Rajiv Gandhi IT Park | 9 km |
| Pune Junction / city centre | 15 km |
| Magarpatta / Hadapsar IT | 20 km |
| Pune Int'l Airport (Lohegaon) | 21 km |
| Kharadi / EON 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 Forest Trails Athashri - B2?
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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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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Paranjape Schemes Limited is the promoter on 3 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 Paranjape Schemes Limited 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