MahaRERA Property Intelligence · Pune

Phase VI - Buildings O1 and P1

P52100012061 · Chakan · promoter Shree Sai Associates

Certificate SignedDue 29 Jun 2026

Delivery & Registration

MahaRERA registrationP52100012061
Registered on01 Sep 2017
Promoter-declared completion29 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.

Construction Progress

MahaRERA's cost filing puts construction at ~76.9% of the estimated project cost incurred as of the last certificate (₹5.10 Cr spent against a ₹6.64 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. The declared completion date has already passed while the cost-incurred filing sits at ~76.9% — a wide gap between the promise and the money actually spent on site.

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 80 homes filed with MahaRERA, 80 are sold/booked (61 with registered agreements + 19 booked) and 0 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹8.60 Cr in agreement value so far. Of that, ₹7.43 Cr (~86%) is already collected, ₹1.17 Cr 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.

What buyers actually paid: across 61 registered agreements, the effective carpet rate is ₹3,672/sqft (typical range ₹3,442–₹4,002) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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+4 and 80 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
O11G+440-
P11G+440-

Unit mix on the filing: 80 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 2 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
29 Jun 202629 Jun 2026In accordance with circular no 28, we hereby apply for extension of our project u/s 7(3) in Format B. The project was delayed for reasons beyond our control on account of various r
29 Jun 202631 Dec 2022The project is almost 90% complete, as indicated in the architect's certificate. However, the promoter requests for additional time to complete the balance 10% work, due to the fol

Location, Land & Connectivity

Located at Chakan, Pune Nashik Highway, Khed, Pune, 410501. Per the filed land record, the plot is bounded to the north by Amenties and open space of the sanctioned layout, to the south by Gat No 4596 and Gat No 4597, to the east by Gat No 4594 and to the west by 12 Meter 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 ~110 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 Park110 km
Baner–Balewadi belt116 km
Pune Junction / city centre126 km
Pune Int'l Airport (Lohegaon)128 km
Kharadi / EON IT Park131 km
Magarpatta / Hadapsar IT132 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

Shree Sai Associates is the promoter on 6 MahaRERA-registered projects, of which 2 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:

See every Shree Sai Associates project & its RERA track record →

Other flagged projects by Shree Sai Associates

Shree Sai Associates
Not filing quarterly progress reportsPune

Other RERA-registered projects in Chakan

Vallabh Heights
possession by Sep 2026 · G R Developers
Shree Samarth Shrushti
possession by Sep 2026 · Jagdamba Developers
Swapnapurti Heights
Not filing quarterly progress reports · possession by Oct 2026 · B R Developers
Richmond
possession by Oct 2026 · Coral Shubh Builders
Mungase Towers
possession by Dec 2026 · Mr Santosh Vasudev Mungase
Chakan High Street
possession by Dec 2026 · Chakan Business HUB LLP

Major developers building in Chakan

Other RERA-registered projects in Pune

Phoenix Residency
declared completion Dec 2024 · Phoenix Infraspace
Phuge Prima
declared completion Dec 2023 · Phuge Associates
Phule Mansion CO-Operative Housing Society Limited
possession by Dec 2030 · Shreesha Landmark LLP
Picasso - O
declared completion Aug 2022 · Kumar Properties And Real Estate Pvt. Lt
Picasso Phase II
declared completion Dec 2019 · Kumar Properties And Real Estate Pvt. Lt
Piccadilly
declared completion Dec 2018 · Kumar Construction And Properties Pvt Lt

What to verify (QPR non-filer)

  1. Cross-check the developer's last QPR filing date on the MahaRERA portal — non-filing can indicate stalled construction.
  2. Visit the site (or request a third-party inspection report) to verify actual construction progress.
  3. If no QPR has been filed for more than two quarters, file a complaint with MahaRERA for non-disclosure.

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