MahaRERA Property Intelligence · Pune

MADHUSPARSHA

P52100013085 · promoter Madhukar Namdev Mohite

Certificate SignedDue 30 Dec 2022

Delivery & Registration

MahaRERA registrationP52100013085
Registered on14 Sep 2017
Promoter-declared completion30 Dec 2022
Current statusCertificate Signed
Against todayabout 43 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, Madhukar Namdev Mohite is the promoter of record on 76 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.

Sales & Inventory

Of 56 homes filed with MahaRERA, 1 are sold/booked and 55 remain available (~2% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹14.85 Lakh in agreement value so far. Of that, ₹2.00 Lakh (~13%) is already collected, ₹12.85 Lakh receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

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+5 and 56 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
MADHUSPARSHA A WING1G+524-
MADHUSPARSHA B WING1G+532-

Unit mix on the filing: 56 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
30 Dec 202230 Jun 2022DUE TO COVID 19 PROJECT WORK IS DELAYED ....REQUIRED SOME TIME TO COMPLETE THE PROJECT

Location, Land & Connectivity

Located at 0, Haveli, Pune, 412205. Per the filed land record, the plot is bounded to the north by ADJ CTS NO 75P, to the south by ADJ S NO 75P, to the east by ROAD and to the west by ADJ CTS NO 75 P. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~21 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Pune Junction / city centre21 km
Magarpatta / Hadapsar IT21 km
Baner–Balewadi belt25 km
Kharadi / EON IT Park25 km
Pune Int'l Airport (Lohegaon)28 km
Hinjewadi Rajiv Gandhi IT Park29 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 Pune

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Madhuvan 4 76B
declared completion Dec 2024 · Magarpatta City Development Co. Pvt. Ltd
Madhuvan 5 76C
declared completion Dec 2024 · Magarpatta City Development Co. Pvt. Ltd
Madhuvan 6 76D
declared completion Dec 2024 · Magarpatta City Development Company Pvt.
Madhuvrunda CO-Operative Housing Society
declared completion Feb 2022 · Aakar Constructions
Madhvachhaya
declared completion Jun 2025 · Fortune Developers

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