MahaRERA Property Intelligence · Pune

PALMNEST PHASE III

P52100015668 · KESNAND ROAD · promoter Ng Rathi Properties

Certificate SignedDue 30 Jun 2025

Delivery & Registration

MahaRERA registrationP52100015668
Registered on16 Mar 2018
Promoter-declared completion30 Jun 2025
Current statusCertificate Signed
Against todayabout 13 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, Ng Rathi Properties is the promoter of record on 45 projects, of which 5 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+12.

BuildingWingsFloorsDeclared completion
G1G+12-

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC1250091716/03/2025Chandramohan Gajanan Ramteke vs NG RATHI PROPERTIES LLPorder passed

Legal & Litigation

The promoter has declared 1 court case on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Civil Judge Sr Division PuneSPECIAL CIVIL SUIT NO 6022015Hearing

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
30 Dec 202230 Dec 2024Due to delay in getting revised plan sanctioned, we are in delay in the construction of the said project. We are going to complete the said project within requested time.
30 Dec 202230 Dec 2023Due to permission from defense ministry and getting environmental clearance from authority, 12 to 15 months were get affected for construction, hence we are applying for RERA exten
30 Dec 202230 Jun 2025There was a delay because the revised sanction/approval was delayed by competent local authority. Hence we are getting delay in construction activities.

Location, Land & Connectivity

Located at KESNAND ROAD, KESNAND PHATA ROAD, Pune City, Pune, 412207. Per the filed land record, the plot is bounded to the north by OPEN SPACE AND 30MTR WIDE RP ROAD AND GAT NO 926, to the south by BLDG NO F AND GAT NO 927, to the east by GAT NO 927 PART and to the west by GAT NO 1067 1068 1069 AND 1061. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~6 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Kharadi / EON IT Park6 km
Pune Int'l Airport (Lohegaon)8 km
Magarpatta / Hadapsar IT10 km
Pune Junction / city centre14 km
Baner–Balewadi belt23 km
Hinjewadi Rajiv Gandhi IT Park27 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

NG Rathi Properties LLP is the promoter on 3 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 NG Rathi Properties LLP

NG Rathi Properties LLP
FlaggedPune
NG Rathi Properties LLP
FlaggedPune

Other RERA-registered projects in Wagholi

Solvista Phase 1
possession by Sep 2026 · SSL Infrabuild LLP
Aurora 2
possession by Sep 2026 · Magnum Developers
Elite
possession by Sep 2026 · V & J Developers
Enliven Home B Wing Phase 2
possession by Sep 2026 · Siddhivinayak Properties
Godrej Greens
possession by Sep 2026 · Dream World Landmarks LLP
Kharadi Pune Phase I - Tower 1 To 4
possession by Oct 2026 · Lodha Developers Limited

Major developers building in Wagholi

Other RERA-registered projects in Pune

Palmnest-Phase IV
declared completion Jun 2024 · NG Rathi Properties LLP
Palmspring Bungalows - E1 To E6
declared completion Dec 2021 · Kumar Kering Developers LLP
Palmspring Towers - A1, A2 And A3
possession by Dec 2028 · Kumar Kering Developers LLP
Palmspring Towers - A4, A5 And B2
possession by Dec 2026 · Kumar Kering Developers LLP
Palmspring Towers - A6, A7 And B3
declared completion Apr 2025 · Kumar Kering Developers LLP
Palmspring Towers - A8, A12 And B1
possession by Nov 2029 · Kumar Kering Developers LLP

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