Solvista Phase 1
MahaRERA Property Intelligence · Pune
P52100010029 · Kesnand · promoter Kapila Developers Builders
| MahaRERA registration | P52100010029 |
| Registered on | 23 Aug 2017 |
| Promoter-declared completion | 30 Jun 2027 |
| Current status | Certificate Signed |
| Against today | 11 months to 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, Kapila Developers Builders is the promoter of record on 4 projects, of which 1 carries 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 ~73.7% of the estimated project cost incurred as of the last certificate (₹3.49 Cr spent against a ₹4.73 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 28 homes filed with MahaRERA, 17 are sold/booked and 11 remain available (~61% sold) — selling steadily. Buyers have committed ₹3.67 Cr in agreement value so far. Of that, ₹3.51 Cr (~96%) is already collected, ₹16.22 Lakh receivable — a read on how far along these sales really are. Note: the project registers 32 homes in total, but this sold/unsold inventory filing covers only 28 of them — the other 4 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
What buyers actually paid: across 17 registered agreements, the effective carpet rate is ₹4,544/sqft (typical range ₹3,981–₹4,755) — 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 | 103 | 452 sqft (42.01 sqm) | ₹13.94 Lakh |
| Floor 2 | 201 | 580 sqft (53.9 sqm) | ₹27.50 Lakh |
| Floor 3 | 305 | 583 sqft (54.18 sqm) | ₹17.98 Lakh |
| Floor 4 | 401 | 580 sqft (53.9 sqm) | ₹17.89 Lakh |
| Floor 4 | 403 | 450 sqft (41.82 sqm) | ₹13.88 Lakh |
| Floor 4 | 405 | 580 sqft (53.9 sqm) | ₹27.50 Lakh |
| Floor 5 | 501 | 583 sqft (54.18 sqm) | ₹17.98 Lakh |
| Floor 5 | 504 | 452 sqft (42.01 sqm) | ₹13.94 Lakh |
| Floor 5 | 505 | 583 sqft (54.18 sqm) | ₹17.98 Lakh |
| Floor 6 | 601 | 580 sqft (53.9 sqm) | ₹17.89 Lakh |
| Floor 6 | 605 | 580 sqft (53.9 sqm) | ₹22.76 Lakh |
⚠ The inventory filing also declares: 4 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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+7 and 32 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| KAPILA VASTU Phase-1 | 1 | G+7 | 32 | 30 Mar 2022 |
Unit mix on the filing: 32 residential.
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 |
|---|---|---|---|
| CC005000000290197 | 22/01/2024 | Ganapati Pandurang Powar vs Kapila Developers | order passed |
The promoter has had the MahaRERA completion deadline formally extended 4 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 |
|---|---|---|
| 28 Mar 2024 | 28 Mar 2024 | Due to after effect of COVID pandemic, labor force, necessary for carrying out construction activity, still havent returned back to active duty from their native places. With the c |
| 28 Mar 2024 | 30 Sep 2021 | Amenity space sanction pending from PMRDA which is already mentioned in previous plan sanction |
| 28 Mar 2024 | 29 Mar 2023 | Due to after effect of COVID pandemic, labor force, necessary for carrying out construction activity, still haven't returned back to active duty from their native places. With the |
| 30 Sep 2020 | 30 Jun 2027 | We are applying for Extension of our Project Completion Date with MahaRERA Authority under Section – 7(3) of the Act. We would like to inform the Authority that the development on |
Located at Kesnand, Kesnand, Haveli, Pune, 412207. Per the filed land record, the plot is bounded to the north by GAT NO 7, to the south by GAT NO 7, to the east by GAT NO 7 and to the west by ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~9 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Kharadi / EON IT Park | 9 km |
| Pune Int'l Airport (Lohegaon) | 11 km |
| Magarpatta / Hadapsar IT | 12 km |
| Pune Junction / city centre | 17 km |
| Baner–Balewadi belt | 26 km |
| Hinjewadi Rajiv Gandhi IT Park | 30 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 KAPILA VASTU?
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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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