MahaRERA Property Intelligence · Pune

MADHUSAGAR

P52100047028 · SHIVAJINAGAR · promoter Siddhashila Ventures Llp

Certificate SignedDue 30 Jun 2026

Delivery & Registration

MahaRERA registrationP52100047028
Registered on26 Sep 2022
Promoter-declared completion30 Jun 2026
Current statusCertificate Signed
Against todayabout 1 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, Siddhashila Ventures Llp is the promoter of record on 8 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.

Construction Progress

MahaRERA's cost filing puts construction at ~100.0% of the estimated project cost incurred as of the last certificate (₹6.92 Cr spent against a ₹6.92 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.

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.

Sales & Inventory

Of 12 homes filed with MahaRERA, 4 are sold/booked and 8 remain available (~33% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹6.54 Cr in agreement value so far. Of that, ₹6.21 Cr (~95%) is already collected, ₹32.71 Lakh receivable — a read on how far along these sales really are. Note: the project registers 24 homes in total, but this sold/unsold inventory filing covers only 12 of them — the other 12 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.

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 1103785 sqft (72.95 sqm)₹1.06 Cr
Floor 4402829 sqft (77.03 sqm)₹1.12 Cr
Floor 4403829 sqft (77.03 sqm)₹1.12 Cr
Floor 5502829 sqft (77.03 sqm)₹1.18 Cr
Floor 5503829 sqft (77.03 sqm)₹1.18 Cr
Floor 6602829 sqft (77.03 sqm)₹1.18 Cr
Floor 6603829 sqft (77.03 sqm)₹1.18 Cr
Floor 6604829 sqft (77.03 sqm)₹1.18 Cr

⚠ The inventory filing also declares: 12 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+6 and 24 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
MADHUSAGAR1G+624-

Unit mix on the filing: 24 residential.

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
31 Dec 202530 Jun 2026We respectfully submit that the application along with requisite documents for issuance/obtaining of the Completion Certificate has already been submitted to the Pune Municipal Cor

Location, Land & Connectivity

Located at SHIVAJINAGAR, MODEL COLONY, Pune City, Pune, 411016. Per the filed land record, the plot is bounded to the north by By Final Plot No 363 S Plot No 7, to the south by By Final Plot No 363 S Plot No 9, to the east by Canal 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 ~7 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Pune Junction / city centre2 km
Magarpatta / Hadapsar IT7 km
Kharadi / EON IT Park9 km
Baner–Balewadi belt9 km
Pune Int'l Airport (Lohegaon)10 km
Hinjewadi Rajiv Gandhi IT Park15 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 Shivajinagar

Jeevan Pradeep CO Operative Housing Society LTD
possession by Jul 2026 · Belvalkar Housing LLP
Narendra Housing Society
possession by Sep 2026 · Elite Infrastructure PVT LTD
Vallabh Co-Op Housing Society
possession by Sep 2026 · Srkd Landmark LLP
16 Lakaki
possession by Dec 2026 · Shah Kulkarni Associates LLP
Amrutakunj Co Operative Housing Society Limited
possession by Dec 2026 · Deshpande Realty LLP
Eshaan
possession by Dec 2026 · Naman Realty

Major developers building in Shivajinagar

Other RERA-registered projects in Pune

Madhushila Heritage
declared completion Dec 2024 · Shree Sai Construction
Madhushree
declared completion May 2026 · KPL Build CON LLP
Madhusmruti
possession by May 2028 · NDG Developers LLP
Madhusparsha
declared completion Dec 2022 · Madhukar Namdev Mohite
Madhusudan Apartments
declared completion Jul 2019 · Vastupurti Constructions
Madhuvan 4 76B
declared completion Dec 2024 · Magarpatta City Development Co. Pvt. Ltd

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