Presidential Park Phase 2
MahaRERA Property Intelligence · Pune
P52100014352 · wadgaon · promoter Developers Ltd
| MahaRERA registration | P52100014352 |
| Registered on | 24 Nov 2017 |
| Promoter-declared completion | 30 Jun 2024 |
| Current status | Certificate Signed |
| Against today | about 25 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.
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+8.
| Building | Wings | Floors | Declared completion |
|---|---|---|---|
| INDRAPRASTHANAGARI A -PHASE 1 | 1 | G+8 | 15 Aug 2022 |
| INDRAPRASTHANAGARI-B PHASE 1 | 1 | G+8 | 15 Aug 2022 |
| INDRAPRASTHANAGARI-C PHASE 1 | 1 | G+8 | 15 Aug 2022 |
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 |
|---|---|---|---|
| CC005000000053820 | 26/12/2019 | DINESH KUMAR AND GAYATRI RAJBALLI PRASAD vs D B DEVELOPERS LIMITED | order passed |
The promoter has had the MahaRERA completion deadline formally extended 7 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 Jun 2024 | 31 Dec 2020 | The promoter has completed the project around 65% but due to lack of funds for completing the project, promoter is seeking the extension of project completion date for one year. It |
| 30 Jun 2024 | 31 Dec 2020 | WE HAVE A DELAY OF SHORT FUND PROBLEM FOR COMPLETION THE CONSTRUCTION ACTIVITIES IN SITE, WE ARE SURE THAT COMPLETED ALL ACTIVATE BEFOUL DELAY DATE . |
| 30 Jun 2024 | 15 Aug 2022 | The promoter has completed the project around 66 % but due to lack of funds for completing the project, promoter is seeking the extension of project completion date for one year. I |
| 30 Jun 2024 | 31 May 2023 | we have done almost 95% Building work completed I need some more time for compilation certificate and society formation formality so I request you please give me some time |
| 30 Jun 2024 | 31 Dec 2022 | The said extension for project completion to the promoter may be granted till 31/12/2022 so that shall be completed and possession shall be given to the unit purchasers in the said |
| 30 Jun 2024 | 31 Oct 2023 | NEED SOME MORE TIME FOR SOCETY FORMATION AND BUILDING OUTSIDE WORK COMPLITION WORK |
| 30 Jun 2024 | 30 Jun 2024 | Although we have completed 98% of the project, we need more time for work and occupancy certificate, we request you to give us some time. |
Located at wadgaon, MIDC Road, Pune City, Pune, 412106. Per the filed land record, the plot is bounded to the north by 18 M ROAD, to the south by SERVE NO 107 PART, to the east by SERVE N0 107 PART and to the west by 12M ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~84 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 |
|---|---|
| Hinjewadi Rajiv Gandhi IT Park | 84 km |
| Baner–Balewadi belt | 89 km |
| Pune Junction / city centre | 100 km |
| Pune Int'l Airport (Lohegaon) | 101 km |
| Kharadi / EON IT Park | 105 km |
| Magarpatta / Hadapsar IT | 105 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 INDRAPRASTHANAGARI-PHASE 1?
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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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