Kasturi Developers
MahaRERA Property Intelligence · Pune
P52100010083 · promoter Kasturi Developers
| MahaRERA registration | P52100010083 |
| Registered on | 23 Aug 2017 |
| Promoter-declared completion | 30 Dec 2022 |
| Current status | Certificate Signed |
| Against today | about 43 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, Kasturi Developers is the promoter of record on 16 projects, of which 5 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+4.
| Building | Wings | Floors | Declared completion |
|---|---|---|---|
| PHASE 1 - A WING | 1 | - | 30 Jun 2022 |
| PHASE 1 - B WING | 1 | G+4 | 30 Jun 2022 |
| PHASE -2 WING C | 1 | G+4 | - |
2 complaints are on the MahaRERA record for this project, with orders passed in 2. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC005000000177819 | 22/11/2022 | Rajendra Shashidhar Umadi vs THUSHAR SATYAVIJAY HEDA | order passed |
| CC005000000177820 | 24/11/2022 | PRAVIN SUDAM PAWADE vs TUSHAR HEDA | order passed |
Located at Haveli, Pune, 412101. Per the filed land record, the plot is bounded to the north by ROAD, to the south by S NO 43-P, to the east by S NO 43 -P and to the west by S NO 43 -P. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~14 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.
| Landmark | Straight-line |
|---|---|
| Hinjewadi Rajiv Gandhi IT Park | 14 km |
| Baner–Balewadi belt | 17 km |
| Pune Int'l Airport (Lohegaon) | 22 km |
| Pune Junction / city centre | 24 km |
| Kharadi / EON IT Park | 26 km |
| Magarpatta / Hadapsar IT | 28 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.
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Kasturi Developers is the promoter on 2 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:
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