Kumar Properties Lifespaces Private Limited
MahaRERA Property Intelligence · Pune
P52100015448 · Savardari · promoter Kumar Properties Lifespaces
| MahaRERA registration | P52100015448 |
| Registered on | 27 Feb 2018 |
| Promoter-declared completion | 30 Jun 2027 |
| Current status | Certificate Signed |
| Against today | 11 months to the declared date |
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.
Of 262 homes filed with MahaRERA, 62 are sold/booked and 200 remain available (~24% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹9.79 Cr in agreement value so far. Of that, ₹8.03 Cr (~82%) is already collected, ₹1.76 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 62 registered agreements, the effective carpet rate is ₹5,393/sqft (typical range ₹4,910–₹5,582) — 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.
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+14 and 262 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| B | 1 | G+14 | 131 | - |
| C | 1 | G+12 | 131 | - |
Unit mix on the filing: 262 residential.
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. | Filed | Parties | Status |
|---|---|---|---|
| CC12504641 | 27/12/2025 | Harish Chouknis vs PLAYTOR RAJGURUNAGAR DEVELOPERS PRIVATE LIMITED | order passed |
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 2022 | 30 Dec 2023 | shortage of building material, because of that |
| 30 Dec 2022 | 30 Jun 2026 | The delay in the completion of the real estate project has been primarily caused by a combination of procurement issues, site conditions, coordination challenges, and Insufficient |
| 30 Dec 2022 | 30 Jun 2027 | The delay and subsequent stall in the project's completion primarily arose due to unforeseen operational and cash flow limitations faced by the erstwhile promoter i.e, Playtor Rajg |
Located at Savardari, Chakan MIDC Road, Pune City, Pune, 410501. Per the filed land record, the plot is bounded to the north by Adjacent Gat No 6, to the south by Adjacent Gat No 230, to the east by Open space of Project and to the west by Adjacent A bldg. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~20 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Hinjewadi Rajiv Gandhi IT Park | 20 km |
| Baner–Balewadi belt | 23 km |
| Pune Int'l Airport (Lohegaon) | 26 km |
| Pune Junction / city centre | 29 km |
| Kharadi / EON IT Park | 30 km |
| Magarpatta / Hadapsar IT | 32 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.
🔒 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.
🔒 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.
Should you buy in PLAYTOR CHAKAN MIDC-PHASE 1?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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Kumar Properties Lifespaces Private Limited 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).
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