MahaRERA Property Intelligence · Pune

Krishna Residency

P52100019511 · Balewadi · promoter Jayant Vithoba Mahadik

Certificate SignedDue 31 Dec 2025

Delivery & Registration

MahaRERA registrationP52100019511
Registered on06 Feb 2019
Promoter-declared completion31 Dec 2025
Current statusCertificate Signed
Against todayabout 7 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, Jayant Vithoba Mahadik is the promoter of record on 13 projects, of which 2 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.

Construction Progress

MahaRERA's cost filing puts construction at ~58.9% of the estimated project cost incurred as of the last certificate (₹6.34 Cr spent against a ₹10.77 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. The declared completion date has already passed while the cost-incurred filing sits at ~58.9% — a wide gap between the promise and the money actually spent on site.

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.

Sales & Inventory

Of 39 homes filed with MahaRERA, 20 are sold/booked and 19 remain available (~51% sold) — selling steadily. Buyers have committed ₹9.21 Cr in agreement value so far. Of that, ₹7.73 Cr (~84%) is already collected, ₹1.49 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 20 registered agreements, the effective carpet rate is ₹8,302/sqft (typical range ₹7,448–₹10,427) — 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:

FloorUnitCarpetReckoner value
Floor 1A-101676 sqft (62.81 sqm)₹45.61 Lakh
Floor 1A-102676 sqft (62.81 sqm)₹45.61 Lakh
Floor 2A-201676 sqft (62.81 sqm)₹45.61 Lakh
Floor 2A-202676 sqft (62.81 sqm)₹45.61 Lakh
Floor 3A-301676 sqft (62.81 sqm)₹45.61 Lakh
Floor 3A-307569 sqft (52.84 sqm)₹38.37 Lakh
Floor 4A-401676 sqft (62.81 sqm)₹45.61 Lakh
Floor 4A-407569 sqft (52.84 sqm)₹38.37 Lakh
Floor 5A-501676 sqft (62.81 sqm)₹45.61 Lakh
Floor 5A-507569 sqft (52.84 sqm)₹38.37 Lakh
Floor 6A-606604 sqft (56.13 sqm)₹40.76 Lakh
Floor 6A-607569 sqft (52.84 sqm)₹38.37 Lakh
Floor 7A-7021,329 sqft (123.46 sqm)₹89.64 Lakh
Floor 7A-7051,223 sqft (113.66 sqm)₹82.53 Lakh
Floor 7A-7061,223 sqft (113.66 sqm)₹82.53 Lakh
Upper GroundSHOP 1011,172 sqft (108.9 sqm)₹79.07 Lakh
Upper GroundSHOP 1021,333 sqft (123.86 sqm)₹89.93 Lakh
Upper GroundSHOP 2011,172 sqft (108.9 sqm)₹79.07 Lakh
Upper GroundSHOP 2021,333 sqft (123.86 sqm)₹89.93 Lakh

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

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+6 and 39 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Krishna Residency1G+639-

Unit mix on the filing: 35 residential and 4 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 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 Dec 202131 Dec 2024In accordance with circular no 28, we hereby apply for an extension of our project u/s 7(3) in Format B. The project was delayed for reasons beyond our control on account of variou
30 Dec 202131 Dec 2025We, hereby apply for extension u/s 7(3) of the registered project bearing vide no. P52100019511 up to 31/12/2025.

Location, Land & Connectivity

Located at Balewadi, Balewadi, Satara, Satara, 411045. Per the filed land record, the plot is bounded to the north by 18 Mtr Wide Main Road, to the south by Adjoining S No 35P, to the east by Adjoining S No 35P and to the west by 6 Mtr Wide Internal Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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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Major developers building in Baner

Other RERA-registered projects in Pune

Krishna Residency
declared completion Jul 2025 · Dream Sakruti Developers
Krishna Residency
possession by Jun 2027 · M/S Kiran Constructions
Krishna Square
declared completion Mar 2024 · Krishna Laxmanrao Gabhane
Krishna Vijay
declared completion Jul 2025 · M/S Rudra Developers
Krishnachhaya
possession by Dec 2026 · Shri Dattaprabhu Construcction
Krishnai Plaza
declared completion May 2018 · Nitin Shamrao Patil

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