MahaRERA Property Intelligence · Pune

Happiness Hub - Varve

P52100000303 · Varve · promoter Paranjape Schemes (Construction)

Certificate SignedDue 28 Mar 2025

Delivery & Registration

MahaRERA registrationP52100000303
Registered on15 Jul 2017
Promoter-declared completion28 Mar 2025
Current statusCertificate Signed
Against todayabout 16 months past the declared date

Regulatory Standing

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.

Builder Track Record

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.

Buildings & Wings

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+12.

BuildingWingsFloorsDeclared completion
A1G+12-
F1G+12-
G1G+12-
H1G+12-
I1G+12-
J1G+12-
K1G+12-
L1G+12-
M1G+12-
O1G+12-
P1G+12-
Q1G+12-
R1G+12-

Complaints & Orders

22 complaints are on the MahaRERA record for this project, with orders passed in 15. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00500000006481610/11/2020Paranjape Schemes (Construction) Ltd. vs Mrs. Parveen Vikram Pattankudeorder passed
CC00500000007517807/02/2021Anupa Nagnath kanakdhar vs Paranjape Schemes (Constructions) Ltd. Through its Managing Director Shashank Purushottam Paranjapeorder passed
CC00500000019814303/02/2023RAJESHREE SUNIL KHAIRE vs M/S PARANJAPE SCHEMES (CONSTRUCTION) LIMITEDorder passed
CC00500000022840428/02/2023RAJENDRA MARTAND NAGAPURKAR vs PARANJAPE SCHEMES CONSTRUCTION LTD.order passed
CC00500000025899715/06/2023Paranjape Schemes Construction Limited Paranjape Schemes Construction Limited vs Smita Mohan Jagdaleorder passed
CC00500000025908630/06/2023Paranjape Schemes Construction LimitedParanjape Schemes Construction Limited vs SAVITA ANIL KADAMorder passed
CC00500000025910704/07/2023Paranjape Schemes Construction Limited Paranjape Schemes Construction Limited vs Sagar Vilasrao Shilimkarorder passed
CC00500000025911305/07/2023Paranjape Schemes Construction Limited Paranjape Schemes Construction Limited vs Anil Sudam Jadhavorder passed
CC00500000025920227/07/2023Paranjape Schemes Construction Limited Paranjape Schemes Construction Limited vs CHAPALGAONKAR KALYANI SHAILENDRAorder passed
CC00500000026948025/09/2023Paranjape Schemes Construction Limited Paranjape Schemes Construction Limited vs MOHINI HIMANSHU REDDYorder passed
CC00500000026949328/09/2023Paranjape Schemes Construction Limited Paranjape Schemes Construction Limited vs SHRINIWASAN SHANMUGAM KOUNDERorder passed
CC00500000026949527/09/2023Paranjape Schemes Construction Limited Paranjape Schemes Construction Limited vs ISHITA SMITESH SHAHorder passed
CC00500000026949627/09/2023Paranjape Schemes Construction Limited Paranjape Schemes Construction Limited vs UPENDRA RAMCHANDRA SHIRSIKARorder passed
CC00500000029004409/01/2024Paranjape Schemes Construction Limited Paranjape Schemes Construction Limited vs HARSHAVARDHAN BHANUDAS YADAVorder passed
CC00500000037094916/05/2024Paranjape Schemes Construction Limited Paranjape Schemes Construction Limited vs ANUJA NARENDRA SONAWANEorder passed
CC1250235011/07/2025PARANJAPE SCHEMES (CONSTRUCTION) LTD vs POOJA SANJAY KOLSUMKARpending / no order on file
CC1250235311/07/2025PARANJAPE SCHEMES (CONSTRUCTION) LTD vs POOJA SANJAY KOLSUMKARpending / no order on file
CC1250236211/07/2025PARANJAPE SCHEMES (CONSTRUCTION) LTD vs GHARGE HANUMANTRAO JAGANNATHpending / no order on file
CC1250243817/07/2025PARANJAPE SCHEMES (CONSTRUCTION) LTD vs NITIN MADHUKAR PAWARpending / no order on file
CC1260069806/02/2026Marigold Co Operative Hsg Soc Ltd vs PARANJAPE SCHEMES (CONSTRUCTION) LTDpending / no order on file
CC1260070507/02/2026Tulip Co Operative Housing Society Limited (society) vs PARANJAPE SCHEMES (CONSTRUCTION) LTDpending / no order on file
CC1260093019/02/2026Daffodils Co Operative Housing Society Limited (society) vs PARANJAPE SCHEMES (CONSTRUCTION) LTDpending / no order on file

A co-operative housing society is the complainant here (Tulip Co Operative Housing Society Limited). On a redevelopment, that is the LANDOWNER society in dispute with its developer — a different order of risk from a single buyer's grievance, because it can touch the development rights, the society's consent, and ultimately the title to your flat. Have your lawyer read this order and the development agreement together before you commit.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 3 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
30 Sep 202231 Mar 2021The Promoter has made different applications for plinth checking. Out of which, made on 16/01/2018, the Promoter obtained NOC on 01/10/2018 and thus the work for the project w
30 Sep 202230 Sep 2022Since two Covid lockdowns and migration of laborers work could not proceed .Promoter has availed loan from the Financial institution to enable to complete the project.
31 Mar 202028 Mar 2025As per attachment

Location, Land & Connectivity

Located at Varve, Mumbai Bangalore Highway, Mumbai City, Mumbai City, 412206. Per the filed land record, the plot is bounded to the north by Gat No 98 to 106, to the south by Gat No 93 and 95 and Gat No 184 Part, to the east by Gat No 92 and to the west by Pune Satara Road Highway. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~25 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Magarpatta / Hadapsar IT25 km
Pune Junction / city centre26 km
Kharadi / EON IT Park29 km
Baner–Balewadi belt31 km
Pune Int'l Airport (Lohegaon)32 km
Hinjewadi Rajiv Gandhi IT Park36 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.

Unlock in the ₹999 report →

🔒 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.

Unlock in the ₹2,999 report →

🔒 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.

Unlock in the ₹999 report →

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Builder track record

Paranjape Schemes LTD is the promoter on 26 MahaRERA-registered projects, of which 1 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

See every Paranjape Schemes LTD project & its RERA track record →

Other flagged projects by Paranjape Schemes LTD

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Paranjape Schemes LTD
FlaggedPune
Paranjape Schemes LTD
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Paranjape Schemes LTD
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Other RERA-registered projects in Bhor

Parvati Apartment
possession by Sep 2026 · Sagar Shivram Shete
Prospera County
possession by Oct 2026 · Mudraa Life Spaces PVT LTD
Aarya Green County
possession by Dec 2027 · Nirmitee Developers
Marigolds Valley
possession by Dec 2027 · Castle Dream Space
Swapnalok Nagari, Bhor, Building NO. 4
Deregistered by MahaRERA · possession by Dec 2027 · Swapnalok Developers
Villament
possession by Dec 2027 · Gangotree Homes AND Holidays

Major developers building in Bhor

Other RERA-registered projects in Pune

Happinest Tathawade Phase-1
possession by Jan 2027 · Mahindra Lifespace Developers Limited
Happy Home
declared completion Mar 2019 · Four Square Properties
Happy Home Residency
declared completion Mar 2024 · Phoenix Associates
Happy Homes
declared completion Dec 2019 · Happy Homes Realty
Happy Homes Amenity Building
possession by Dec 2026 · Happy Homes Realty
Happy Morning
declared completion Feb 2026 · Sandip Balkrishna Bangar

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

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