MahaRERA Property Intelligence · Pune

LAXMAN PLAZA

P52100005168 · promoter Developers

Certificate SignedDue 30 Mar 2023

Delivery & Registration

MahaRERA registrationP52100005168
Registered on10 Aug 2017
Promoter-declared completion30 Mar 2023
Current statusCertificate Signed
Against todayabout 40 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.

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+7.

BuildingWingsFloorsDeclared completion
LAXMAN PLAZA1G+7-

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 1 time. 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 Mar 202230 Mar 2023WE WOULD LIKE TO INFORM TO THIS AUTHORITY THAT SOME ACTIVITIES YET TO BE COMPLETED AND TO BE ACHEIVED ON SITE DUE TO FOLLOWING REASON. AS WE KNOW, LOCKDOWN IN INDIA HAD STARTED F

Location, Land & Connectivity

Located at Haveli, Pune, 411035. Per the filed land record, the plot is bounded to the north by 373, to the south by 376, to the east by 374 and to the west by 4103. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~8 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Hinjewadi Rajiv Gandhi IT Park8 km
Baner–Balewadi belt10 km
Pune Int'l Airport (Lohegaon)17 km
Pune Junction / city centre17 km
Kharadi / EON IT Park20 km
Magarpatta / Hadapsar IT22 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

K P Developers is the promoter on 3 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:

Other RERA-registered projects in Akurdi

Pentagon Business HUB
possession by Sep 2026 · Cosmic Infrastructure
Mantra Meraki Phase 5
possession by Dec 2026 · Mantra Residential Akurdi Private Limite
Mantra Meraki Phase 6
possession by Dec 2026 · Mantra Residential Akurdi Private Limite
ONE Platinum
possession by Dec 2026 · Matrix Developers
Orchard Residences
possession by Dec 2026 · A & A Realtors
Vasant Estella
possession by Dec 2026 · Shrikrishna Wonder Properties

Major developers building in Akurdi

Other RERA-registered projects in Pune

Laxmi Angan
declared completion Jul 2018 · Sanjay Krishna Patil
Laxmi Angan
declared completion May 2024 · Ashish Builders
Laxmi Avenue
declared completion Jun 2024 · Laxman Saibana Mehetre
Laxmi Balaji Apartment
possession by Dec 2027 · Suresh Balliaha Nagraj
Laxmi Bappa
possession by May 2027 · Stone Shelters LLP
Laxmi Bhakti
declared completion Mar 2019 · L S Mehetre & Sukhwani Shelters

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