MahaRERA Property Intelligence · Pune
P52100000303 · Varve · promoter Paranjape Schemes (Construction)
| MahaRERA registration | P52100000303 |
| Registered on | 15 Jul 2017 |
| Promoter-declared completion | 28 Mar 2025 |
| Current status | Certificate Signed |
| Against today | about 16 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+12.
| Building | Wings | Floors | Declared completion |
|---|---|---|---|
| A | 1 | G+12 | - |
| F | 1 | G+12 | - |
| G | 1 | G+12 | - |
| H | 1 | G+12 | - |
| I | 1 | G+12 | - |
| J | 1 | G+12 | - |
| K | 1 | G+12 | - |
| L | 1 | G+12 | - |
| M | 1 | G+12 | - |
| O | 1 | G+12 | - |
| P | 1 | G+12 | - |
| Q | 1 | G+12 | - |
| R | 1 | G+12 | - |
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. | Filed | Parties | Status |
|---|---|---|---|
| CC005000000064816 | 10/11/2020 | Paranjape Schemes (Construction) Ltd. vs Mrs. Parveen Vikram Pattankude | order passed |
| CC005000000075178 | 07/02/2021 | Anupa Nagnath kanakdhar vs Paranjape Schemes (Constructions) Ltd. Through its Managing Director Shashank Purushottam Paranjape | order passed |
| CC005000000198143 | 03/02/2023 | RAJESHREE SUNIL KHAIRE vs M/S PARANJAPE SCHEMES (CONSTRUCTION) LIMITED | order passed |
| CC005000000228404 | 28/02/2023 | RAJENDRA MARTAND NAGAPURKAR vs PARANJAPE SCHEMES CONSTRUCTION LTD. | order passed |
| CC005000000258997 | 15/06/2023 | Paranjape Schemes Construction Limited Paranjape Schemes Construction Limited vs Smita Mohan Jagdale | order passed |
| CC005000000259086 | 30/06/2023 | Paranjape Schemes Construction LimitedParanjape Schemes Construction Limited vs SAVITA ANIL KADAM | order passed |
| CC005000000259107 | 04/07/2023 | Paranjape Schemes Construction Limited Paranjape Schemes Construction Limited vs Sagar Vilasrao Shilimkar | order passed |
| CC005000000259113 | 05/07/2023 | Paranjape Schemes Construction Limited Paranjape Schemes Construction Limited vs Anil Sudam Jadhav | order passed |
| CC005000000259202 | 27/07/2023 | Paranjape Schemes Construction Limited Paranjape Schemes Construction Limited vs CHAPALGAONKAR KALYANI SHAILENDRA | order passed |
| CC005000000269480 | 25/09/2023 | Paranjape Schemes Construction Limited Paranjape Schemes Construction Limited vs MOHINI HIMANSHU REDDY | order passed |
| CC005000000269493 | 28/09/2023 | Paranjape Schemes Construction Limited Paranjape Schemes Construction Limited vs SHRINIWASAN SHANMUGAM KOUNDER | order passed |
| CC005000000269495 | 27/09/2023 | Paranjape Schemes Construction Limited Paranjape Schemes Construction Limited vs ISHITA SMITESH SHAH | order passed |
| CC005000000269496 | 27/09/2023 | Paranjape Schemes Construction Limited Paranjape Schemes Construction Limited vs UPENDRA RAMCHANDRA SHIRSIKAR | order passed |
| CC005000000290044 | 09/01/2024 | Paranjape Schemes Construction Limited Paranjape Schemes Construction Limited vs HARSHAVARDHAN BHANUDAS YADAV | order passed |
| CC005000000370949 | 16/05/2024 | Paranjape Schemes Construction Limited Paranjape Schemes Construction Limited vs ANUJA NARENDRA SONAWANE | order passed |
| CC12502350 | 11/07/2025 | PARANJAPE SCHEMES (CONSTRUCTION) LTD vs POOJA SANJAY KOLSUMKAR | pending / no order on file |
| CC12502353 | 11/07/2025 | PARANJAPE SCHEMES (CONSTRUCTION) LTD vs POOJA SANJAY KOLSUMKAR | pending / no order on file |
| CC12502362 | 11/07/2025 | PARANJAPE SCHEMES (CONSTRUCTION) LTD vs GHARGE HANUMANTRAO JAGANNATH | pending / no order on file |
| CC12502438 | 17/07/2025 | PARANJAPE SCHEMES (CONSTRUCTION) LTD vs NITIN MADHUKAR PAWAR | pending / no order on file |
| CC12600698 | 06/02/2026 | Marigold Co Operative Hsg Soc Ltd vs PARANJAPE SCHEMES (CONSTRUCTION) LTD | pending / no order on file |
| CC12600705 | 07/02/2026 | Tulip Co Operative Housing Society Limited (society) vs PARANJAPE SCHEMES (CONSTRUCTION) LTD | pending / no order on file |
| CC12600930 | 19/02/2026 | Daffodils Co Operative Housing Society Limited (society) vs PARANJAPE SCHEMES (CONSTRUCTION) LTD | pending / 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.
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 2022 | 31 Mar 2021 | The 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 2022 | 30 Sep 2022 | Since 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 2020 | 28 Mar 2025 | As per attachment |
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.
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.
| Landmark | Straight-line |
|---|---|
| Magarpatta / Hadapsar IT | 25 km |
| Pune Junction / city centre | 26 km |
| Kharadi / EON IT Park | 29 km |
| Baner–Balewadi belt | 31 km |
| Pune Int'l Airport (Lohegaon) | 32 km |
| Hinjewadi Rajiv Gandhi IT Park | 36 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 Happiness Hub - Varve?
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
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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 →
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