MahaRERA Property Intelligence · Pune

LAKSHMI NIWAS

P52100012283 · promoter Sahebrao Kamaji Balwadkar

Certificate SignedDue 04 Feb 2022

Delivery & Registration

MahaRERA registrationP52100012283
Registered on01 Sep 2017
Promoter-declared completion04 Feb 2022
Current statusCertificate Signed
Against todayabout 53 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, Sahebrao Kamaji Balwadkar is the promoter of record on 7 projects, of which 3 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.

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+4.

BuildingWingsFloorsDeclared completion
LAKSHMI NIWAS1G+4-

Complaints

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

Location, Land & Connectivity

Located at Haveli, Pune, 411045. Per the filed land record, the plot is bounded to the north by DATTATRAY BALWADKAR, to the south by R P ASSOCIATE, to the east by B WING and to the west by A WING. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~1 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Baner–Balewadi belt1 km
Hinjewadi Rajiv Gandhi IT Park6 km
Pune Junction / city centre10 km
Pune Int'l Airport (Lohegaon)14 km
Magarpatta / Hadapsar IT15 km
Kharadi / EON IT Park16 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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Other RERA-registered projects in Baner

7 Business BAY
possession by Jul 2026 · Saaj Buildcon Private Limited
Maitreya
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Mercury
possession by Aug 2026 · SB Real Estate Private Limited
Aarambh
possession by Aug 2026 · ADI Realtors
Nancy Hillview A-1
possession by Aug 2026 · M/S Sarsan Aawishkar Properties
Truspace Platina
possession by Aug 2026 · Atharva Developments

Major developers building in Baner

Other RERA-registered projects in Pune

Lakshmi Plaza Building D
declared completion Jan 2019 · Indus Realty
Lakshmi Residency
declared completion Jun 2023 · Pradip Rajaram Landge
Lakshya Paradise
declared completion Dec 2020 · Lakshya Paradise
Lalat
possession by Dec 2027 · The Developers
Lalbag Prestige Building A
declared completion Jun 2025 · Reliable Construction
Lalbag Prestige Building B
declared completion Dec 2021 · Reliable Construction

What to do next (past deadline)

  1. Ask the developer for the RERA extension filing — they must file for an extension before the deadline passes.
  2. Check the MahaRERA portal for a revised completion date or extension order.
  3. Review your allotment letter's possession clause for interest or compensation terms on delayed handover.
  4. File a complaint with MahaRERA if no extension has been filed and the delay is impacting possession.

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