MahaRERA Property Intelligence · Pune

LAXMI BAPPA

P52100031302 · HINJEWADI PHASE 1 · promoter Stone Shelters Llp

Certificate SignedDue 31 May 2027

Delivery & Registration

MahaRERA registrationP52100031302
Registered on15 Oct 2021
Promoter-declared completion31 May 2027
Current statusCertificate Signed
Against today10 months to 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, Stone Shelters Llp is the promoter of record on 151 projects, of which 13 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+7.

BuildingWingsFloorsDeclared completion
LAXMI BAPPA1G+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 3 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
14 Jun 202401 May 2025UNIMPLEMENTATION OF UDCPR IN PMRDA REGION AND DELAY IN PLAN SACTION AS THE CAUSE OF L.S. ELECTION AND SOME LABOUR UNAVAILABILITY LEADS TO DELAY IN POSSESSION , REST THE WORK DONE I
14 Jun 202431 May 2026Regarding my previous UDCPR non-implementation extension request for the PMRDA region, I anticipated PMRDA would implement UDCPR by October/November 2024. Otherwise, I would have r
14 Jun 202431 May 2027UNIMPLEMENTATION OF UDCPR IN PMRDA REGION AND CANCELLATION OF PMRDA DP PLAN HAS STOPPED HUNDREDS OR THOUSANDS OF PROJECTS INCLUDING MINE... AWAITING FOR UDCPR IMPLEMENTATION IN PM

Location, Land & Connectivity

Located at HINJEWADI PHASE 1, MULA RIVER ROAD, Mulshi, Pune, 411057. Per the filed land record, the plot is bounded to the north by SR NO 41, to the south by SR NO 41, to the east by SR NO 41 and to the west by VILLAGE 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 ~1 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Hinjewadi Rajiv Gandhi IT Park1 km
Baner–Balewadi belt5 km
Pune Junction / city centre15 km
Pune Int'l Airport (Lohegaon)19 km
Magarpatta / Hadapsar IT21 km
Kharadi / EON IT Park21 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

Stone Shelters LLP 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 flagged projects by Stone Shelters LLP

Other RERA-registered projects in Wakad

Fusion Towers Phase III
possession by Jul 2026 · Rama Synergy Spaces
ANP Bizsquare
possession by Jul 2026 · Five Star Vighnesh Associates
Olive Orchard
possession by Jul 2026 · Anandtara Properties
Fairmont
possession by Aug 2026 · Krishna Icon Skyscraper LLP
Varad Residency
possession by Sep 2026 · Vilas Bhagaji Arekar
ANP Memento
possession by Sep 2026 · Five Star Construction Company

Major developers building in Wakad

Other RERA-registered projects in Pune

Laxmi Bhakti
declared completion Mar 2019 · L S Mehetre & Sukhwani Shelters
Laxmi Bliss
declared completion Dec 2025 · Shree Mahalaxmi Associates
Laxmi Damodar Park
declared completion Dec 2023 · Vrundawan Landmark
Laxmi Elanza
possession by Dec 2030 · Infinity Homes
Laxmi Emerald C Wing
possession by Dec 2026 · Laxmi Developments
Laxmi Emerald D Wing
possession by Dec 2027 · Laxmi Developments

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