MahaRERA Property Intelligence · Pune

Lake Shine

P52100031633 · Katraj · promoter Poorva Developers

Certificate SignedDue 13 Jun 2025

Delivery & Registration

MahaRERA registrationP52100031633
Registered on03 Nov 2021
Promoter-declared completion13 Jun 2025
Current statusCertificate Signed
Against todayabout 13 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, Poorva Developers is the promoter of record on 5 projects, of which none currently 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.

Sales & Inventory

Of 43 homes filed with MahaRERA, 24 are sold/booked and 19 remain available (~56% sold) — selling steadily. Buyers have committed ₹14.32 Cr in agreement value so far. Of that, ₹13.18 Cr (~92%) is already collected, ₹1.13 Cr receivable — a read on how far along these sales really are. Note: the project registers 67 homes in total, but this sold/unsold inventory filing covers only 43 of them — the other 24 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 24 registered agreements, the effective carpet rate is ₹8,406/sqft (typical range ₹6,558–₹9,910) — 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 1101874 sqft (81.24 sqm)₹46.14 Lakh
Floor 1104686 sqft (63.75 sqm)₹36.20 Lakh
Floor 2202640 sqft (59.45 sqm)₹33.76 Lakh
Floor 2204686 sqft (63.75 sqm)₹36.20 Lakh
Floor 3301874 sqft (81.24 sqm)₹46.14 Lakh
Floor 3302640 sqft (59.45 sqm)₹33.76 Lakh
Floor 3303686 sqft (63.75 sqm)₹36.20 Lakh
Floor 4403686 sqft (63.75 sqm)₹36.20 Lakh
Floor 5502640 sqft (59.45 sqm)₹33.76 Lakh
Floor 5503686 sqft (63.75 sqm)₹36.20 Lakh
Floor 6604686 sqft (63.75 sqm)₹36.20 Lakh
Floor 6605640 sqft (59.45 sqm)₹33.76 Lakh
Floor 7703686 sqft (63.75 sqm)₹36.20 Lakh
Floor 7705640 sqft (59.45 sqm)₹33.76 Lakh
Floor 7706452 sqft (42 sqm)₹23.85 Lakh
Ground/Floor 04457 sqft (42.49 sqm)₹26.36 Lakh
Podium1300 sqft (27.87 sqm)₹18.20 Lakh
Podium2200 sqft (18.58 sqm)₹12.13 Lakh
Podium3260 sqft (24.15 sqm)₹15.77 Lakh

⚠ The inventory filing also declares: 24 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+9 and 67 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Lake Shine1G+967-

Unit mix on the filing: 55 residential and 12 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
31 May 202431 Mar 2025Non-availability of resources
31 May 202413 Jun 2025The estimated completion date was 31.03.2025. This is to bring to your kind attention that the Completion Certificate for our project has been duly received. However, due to an ina

Location, Land & Connectivity

Located at Katraj, Near Rajesh Society, Katraj Kondwa Road, Haveli, Pune, 411046. Per the filed land record, the plot is bounded to the north by By 10 Feet Road, to the south by By Property of Omkar Society, to the east by By Property of Lohokare and to the west by By Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~15 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Pune Junction / city centre14 km
Magarpatta / Hadapsar IT15 km
Kharadi / EON IT Park19 km
Baner–Balewadi belt19 km
Pune Int'l Airport (Lohegaon)21 km
Hinjewadi Rajiv Gandhi IT Park24 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.

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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Builder track record

Poorva Developers is the promoter on 2 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other RERA-registered projects in Katraj

Aishwarya Heights
possession by Jul 2026 · Shree Sadguru Construction
Basil Chandrakant
possession by Jul 2026 · Shree Sadguru Developers
Vastushree Phase-1
possession by Aug 2026 · Vastu Construction
Capella
possession by Aug 2026 · D K Realties
Divya Elite
possession by Aug 2026 · RRS Infracon LLP
Yogamrut
Not filing quarterly progress reports · possession by Aug 2026 · Jay Ganesh Buildcon

Major developers building in Katraj

Other RERA-registered projects in Pune

Lake Shore Residences
declared completion Dec 2022 · Aaiji Group
Lake Tierra
possession by Dec 2026 · Anand Constructions
Lake Tower
declared completion Apr 2026 · Tushar Pramod Nagarkar
Lake Town D-6, Wing - A And B
declared completion Mar 2026 · Venkatesh Associates
Lake View 6,7,8,9 - Lcl0007
declared completion Dec 2021 · Lavasa Corporation Ltd
Lake Villas
declared completion Dec 2024 · Siddhivinayak Marketing AND Developers

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