MahaRERA Property Intelligence · Pune

MAVAL SHADES

P52100004247 · PUNE · promoter Mega Developers

Certificate SignedDue 31 Dec 2024

Delivery & Registration

MahaRERA registrationP52100004247
Registered on09 Aug 2017
Promoter-declared completion31 Dec 2024
Current statusCertificate Signed
Against todayabout 19 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, Mega Developers is the promoter of record on 56 projects, of which 8 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+19.

BuildingWingsFloorsDeclared completion
BUILDING D1G+1930 Jun 2021
BLDG C1G+1930 Jun 2021
BUILDING E1G+1930 Jun 2021

Complaints & Orders

7 complaints are on the MahaRERA record for this project, with orders passed in 7. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00500000001096227/11/2019Ritwija Mukund Joshi vs Mega Developersorder passed
CC00500000001096327/11/2019Tejas Mukund Joshi vs Mega Developersorder passed
CC00500000007507411/02/2021RUTUJA SANTOSH KASBE vs Shri Shrikant Joshi and Amol Arun Chaudharyorder passed
CC00500000010641024/12/2021GUL K ACHHRA vs MEGA DEVELOPERSorder passed
CC00500000010681110/04/2022Sunny Sanjay Chavan vs AMOL CHOUDHARYorder passed
CC00500000023870620/03/2024Kailas Kanhaiya Naidu vs Mega Developersorder passed
CC00500000034072605/04/2024Harshada Avinash Gadgil vs Ms Mega Developersorder passed

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
31 Dec 202431 Dec 2024We Mega Developers is developing a residential project Maval Shades and we were due to complete the project on 29th of December 2022. Due to Covid-19 pandemic we were not able
31 Dec 202431 Dec 2020Due non availability of funds(disbursements) from DHFL who is our project finance company and bad market condition, we are in crises. We can't complete construction of Building wit
31 Dec 202429 Jun 2022Due to poor market condition and disruption in our normal course of business because of COVID-19 pandemic. We are facing difficulty in getting labors, hence the completion of the p

Location, Land & Connectivity

Located at PUNE, PUNE, Pune City, Pune, 411004. Per the filed land record, the plot is bounded to the north by SR NO 39, to the south by SR NO HISSA 2, to the east by SR NO 40 and to the west by SR NO 43. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~109 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Hinjewadi Rajiv Gandhi IT Park109 km
Baner–Balewadi belt114 km
Pune Junction / city centre124 km
Pune Int'l Airport (Lohegaon)126 km
Kharadi / EON IT Park129 km
Magarpatta / Hadapsar IT130 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

Mega Developers is the promoter on 2 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 Erandwane

Gharonda
possession by Jul 2026 · Parulekar Realty LLP
Gurusparsha
possession by Jul 2026 · Gokhale Schemes LLP
Manorama
possession by Jul 2026 · Pandit Javdekar Associates
Madhumati Chsl
possession by Sep 2026 · Kotibhaskar Infrastructures &develop
Serenity Springs
possession by Sep 2026 · Buttepatil Properties
State Bank OF India Employees Himgauri CO Operative Housing Society LTD
possession by Sep 2026 · Fortune Developers

Major developers building in Erandwane

Other RERA-registered projects in Pune

Mavens Viaan
declared completion Dec 2021 · Mavens Properties
Maverick
possession by Dec 2028 · Namrata & Kudale Real Estate LLP
Maya Apartment
declared completion Apr 2026 · ATK Developers
Mayaka Classic
declared completion Sep 2022 · Umesh Manoharrao Wakode
Mayaka Classic-ABC
declared completion Dec 2021 · Umesh Manoharrao Wakode
Mayank
declared completion Dec 2023 · Ranade Realtors LLP

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