Solvista Phase 1
MahaRERA Property Intelligence · Pune
P52100002281 · WAGHOLI, PUNE · promoter Tushar Pramod Nagarkar
| MahaRERA registration | P52100002281 |
| Registered on | 31 Jul 2017 |
| Promoter-declared completion | 30 Apr 2026 |
| Current status | Certificate Signed |
| Against today | about 3 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, Tushar Pramod Nagarkar is the promoter of record on 3 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 ~1.2% of the estimated project cost incurred as of the last certificate (₹30.00 Lakh spent against a ₹24.10 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 ~1.2% — 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.
Of 54 homes filed with MahaRERA, 53 are sold/booked and 1 remain available (~98% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹25.39 Cr in agreement value so far. Of that, ₹25.00 Cr (~98%) is already collected, ₹39.10 Lakh receivable — a read on how far along these sales really are. Note: the project registers 87 homes in total, but this sold/unsold inventory filing covers only 54 of them — the other 33 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 53 registered agreements, the effective carpet rate is ₹7,448/sqft (typical range ₹6,554–₹8,264) — 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 10 | 1006 | 887 sqft (82.39 sqm) | ₹65.91 Lakh |
⚠ The inventory filing also declares: 33 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+11 and 87 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Lake Tower 1 | 1 | G+11 | 87 | 31 Mar 2020 |
Unit mix on the filing: 87 residential.
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
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 |
|---|---|---|
| 31 Oct 2024 | 30 Jun 2022 | Delay in procuring the material during the lockdown of 6 months in 2020 and for more than 3 months in 2021. The project was also delayed due to the migration of the labour to the |
| 31 Oct 2024 | 31 Oct 2024 | The Society previously did not give consent for the extension and opted for Dispute Resolution Consiliation ( Case No. CR00500000161889). In the Settlement agreement done after con |
| 30 Jun 2021 | 29 May 2025 | Construction of the said project is 100% completed. We have received the full Completion certificate/Occupation certificate for building B vide no. PMRDA /PO/2025/APL/00005 Dated 2 |
| 30 Jun 2021 | 30 Apr 2026 | We hereby state that the project has already received full OC on 12-12-2025. However, due to a mismatch in the number of floors and car parking areas, our OC got rejected thrice a |
Located at WAGHOLI, PUNE, PUNE - NAGAR HIGHWAY, Pune City, Pune, 412207. Per the filed land record, the plot is bounded to the north by BY Open Space No 1, to the south by BY A Type building of Hotel, to the east by BY Remaining Plot No 217 and to the west by BY 12 m Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~25 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 | 25 km |
| Baner–Balewadi belt | 30 km |
| Pune Junction / city centre | 41 km |
| Pune Int'l Airport (Lohegaon) | 43 km |
| Kharadi / EON IT Park | 46 km |
| Magarpatta / Hadapsar IT | 46 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 LAKE TOWER?
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