Pune/Project record

MahaRERA · the public record

PARK59

WAKAD · SHIV DEVELOPERS

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The registration, progress and filed details in one place. Go further with an independent reading of the project’s evidence.

45units filed as unsoldInventory · 17 September 2026
29 Dec 2027declared completionMahaRERA registration · read 12 Jul 2026
230registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

29 Dec 2027

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P52100024649

Delivery and registration

When is the project declared for completion?

PARK59 is registered with MahaRERA as P52100024649 and the promoter has declared completion for 29 Dec 2027.

29 Dec 2027

declared completion

15months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP52100024649
Registered on26 Feb 2020
Promoter-declared completion29 Dec 2027
Current statusCertificate Signed
Against today15 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for PARK59 record 25 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

  • Filing progress reports — 25 quarterly progress reports on record since registration, with no current default.

Construction

How much construction cost has been reported?

In PARK59, ₹71.96 Cr of a declared ₹80.17 Cr estimated project cost is reported as incurred, about 89.7%, as at the last certified filing with MahaRERA.

89.7%

₹71.96 Cr

of ₹80.17 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In PARK59, 144 of 192 homes filed with MahaRERA are recorded as sold or booked, about 75%, and 48 remain available.

75%sold

144 of 192 homes

₹105.42 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹82.02 Cr (about 78%) is recorded as collected and ₹23.44 Cr as receivable. The project registers 230 homes in total, while this sold/unsold inventory filing covers 192 of them.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 144 registered agreements, the effective carpet rate is ₹8,699/sqft, with eight in ten falling between ₹7,013 and ₹11,305 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The inventory filing also declares: 38 not for sale.

What the filings record, home by home

Read from MahaRERA on 17 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 147 homes carry one, and 45 of the 230 are recorded unsold. Since we started watching this ledger, 3 homes have moved out of the unsold list, most recently on 09 September 2026.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
101909 sqftRs 9,429 a sq ft typical, over Rs 6,741 to Rs 12,28440 filed at this size

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.

In PARK59, 21 of the 45 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 44 homes — ₹2,999 →

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 and 230 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
D BUILDING1G+1243-
C BUILDING1G+1267-
A BUILDING1G+1148-
B BUILDING1G+1148-
E Building1G+724-

Unit mix on the filing: 230 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Deadline Extensions

The MahaRERA completion deadline for this project has been formally extended 1 time, as recorded on the register.

FromExtended toStated reason
as registered29 Dec 2027The project has been delayed due to the pending submission of revised sanction documents from our side. Revisions in the project layout and design required updates to the original

Location, Land & Connectivity

Located at WAKAD, SURVEY NO 259/4 (P) WAKAD KASPATE ROAD NEAR AISHVARYAM GREEN SOCIETY, Haveli, Pune, 411057. Per the filed land record, the plot is bounded to the north by BY CTS NO 2705, to the south by BY CTS NO 1904, to the east by BY 45M WIDE ROAD and to the west by BY CTS NO 1904. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~4 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Baner–Balewadi belt4 km
Hinjewadi Rajiv Gandhi IT Park5 km
Pune Junction / city centre12 km
Pune Int'l Airport (Lohegaon)14 km
Kharadi / EON IT Park17 km
Magarpatta / Hadapsar IT17 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.

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Builder track record

Shiv Developers is the promoter on 13 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).

See every Shiv Developers project & its RERA track record →

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Spring Residency
possession by Sep 2026 · Pritam Ashok Kachi
Akshara Serenity
possession by Oct 2026 · Garve Developers And Promoters

Major developers building in Wakad

Other RERA-registered projects in Pune

Parkale Icon
possession by Dec 2029 · Om Infra
Parkland 1 D Building
possession by Sep 2029 · Yashvastu Developers
Parkland - I C Building
declared completion Mar 2024 · Yashvastu Developers
Parklane Lifeseasons
declared completion Jan 2026 · Life Seasons Development LLP
Parklane Urbanjoy Wing C
possession by Dec 2028 · Parklane Construction LLP
Parklane Urbanjoy Wing D
possession by May 2029 · Parklane Construction 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: 20 Sep 2026