Pune/Project record

MahaRERA · the public record

R48 The Canopy

Bhugaon · PARANJAPE SPACES AND SERVICES PVT LTD

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

106units filed as unsoldInventory · 20 September 2026
31 Dec 2029declared completionMahaRERA registration · read 12 Jul 2026
106registered 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

31 Dec 2029

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 · P52100079518

Delivery and registration

When is the project declared for completion?

R48 The Canopy is registered with MahaRERA as P52100079518 and the promoter has declared completion for 31 Dec 2029.

31 Dec 2029

declared completion

39months 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 registrationP52100079518
Registered on10 Mar 2025
Promoter-declared completion31 Dec 2029
Current statusCertificate Signed
Against today39 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 R48 The Canopy record 10 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

  • Current QPR default — the promoter has stopped filing the mandatory quarterly progress report (FY 2025-2026).

Promoter record

What else is this promoter on record for?

Paranjape Spaces is the promoter of record on 50 projects registered with MahaRERA, 4 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

50projects

registered with MahaRERA

4flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Construction

How much construction cost has been reported?

In R48 The Canopy, ₹3.52 Cr of a declared ₹92.69 Cr estimated project cost is reported as incurred, about 3.8%, as at the last certified filing with MahaRERA.

3.8%

₹3.52 Cr

of ₹92.69 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 R48 The Canopy, 0 of 106 homes filed with MahaRERA are recorded as sold or booked, about 0%, and 106 remain available.

0%sold

0 of 106 homes

Counts as the promoter filed them at the last compliance date; this is the filed inventory, not current availability.

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

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

Sales

Are registered sale-agreement prices available?

No registered sale-agreement price is recorded for R48 The Canopy in the MahaRERA project file.

Not available

This is what the record does not contain, not a value of zero.

Source · MahaRERA project file · checked 20 September 2026

What the filings record, home by home

Read from MahaRERA on 20 September 2026

No home in R48 The Canopy carries a registered agreement value on its MahaRERA filing, so there is no record here of what anyone has paid. What the promoter has filed is the government ready reckoner value for 106 homes — the Annual Statement of Rates valuation, with each home’s carpet area and floor already applied. Across them that is Rs 4,956 a sq ft typical, over Rs 4,956 to Rs 4,956.

A reckoner value is the basis stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home to you.

The Reckoner Record lists all 106 of them — each home, its RERA carpet area, the valuation filed against it and the rate that works out to. It is the filing copied, not a reading of it.

See all 106 filed valuations — ₹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+23 and 106 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A wing1G+2353-
B Wing1G+2353-

Unit mix on the filing: 106 residential.

Complaints

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

Legal & Litigation

The promoter has declared 4 court cases 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 home. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Cjsd Pune1480/20112011Matter For Township Land Is Kept For Hearing
Cjsd Pune593/20182018Matter Relating To Township Land Is Kept For Hearing
Cjsd Pune186/20182018Matter Relating To Township Land Is Kept For Hearing
Cjsd Pune1120/20222022Matter Relating To Township Land Is Kept For Hearing

Location, Land & Connectivity

Located at Bhugaon, Bhugaon, Mumbai City, Mumbai City, 412115. Per the filed land record, the plot is bounded to the north by Adj No S No 144 Forest Trail Boundary, to the south by 12 M wide internal road, to the east by S No 84 of 1 part and to the west by G2B HG19. These are the boundaries as recorded in the filed land record.

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Builder track record

Paranjape Spaces AND Services PVT LTD is the promoter on 4 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 Paranjape Spaces AND Services PVT LTD

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Paranjape Spaces AND Services PVT LTD
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Other RERA-registered projects in Bhugaon

Manas Valley Phase II
possession by Oct 2026 · Balaji Kimaya Associates
Plot NO. B-01 TO B-21 Viva,pirangut,pune
possession by Nov 2026 · Pact Real Estate Private Limited
Frangipani, Viva, Pirangut
Deregistered by MahaRERA · possession by Nov 2026 · K Raheja Corp Real Estate Private Limite
Asmi Pride
possession by Dec 2026 · M/S Icon Developers
Madhuban
possession by Dec 2026 · NG Rathi Estate
Plumeria, Viva, Pirangut
Deregistered by MahaRERA · possession by Dec 2026 · K Raheja Corp Real Estate Private Limite

Major developers building in Bhugaon

Other RERA-registered projects in Pune

R7 - THE Altius
possession by Jan 2030 · Paranjape Spaces AND Services PVT LTD
RA Urbania
declared completion Dec 2025 · Ms Croissance Buildcon
Raahi Kasturi
possession by Dec 2026 · Raahi Yashila
Raahi Kasturi Phase 2
possession by Dec 2027 · Raahi Properties
Raajas
possession by Dec 2026 · Jasraaj Realtors
Raajlaxmi Greens C Wing
declared completion Mar 2022 · Shree Dharmaraj Developers

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