Siddharth Properties
MahaRERA Property Intelligence · Pune
P52100016176 · Mahalunge · promoter Siddharth Properties
| MahaRERA registration | P52100016176 |
| Registered on | 20 Apr 2018 |
| Promoter-declared completion | 30 Sep 2025 |
| Current status | Certificate Signed |
| Against today | about 10 months past 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.
Across MahaRERA, Siddharth Properties is the promoter of record on 41 projects, of which 2 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.
MahaRERA's cost filing puts construction at ~98.8% of the estimated project cost incurred as of the last certificate (₹59.08 Cr spent against a ₹59.78 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.
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.
Of 294 homes filed with MahaRERA, 289 are sold/booked and 5 remain available (~98% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹135.68 Cr in agreement value so far. Of that, ₹123.97 Cr (~91%) is already collected, ₹13.49 Cr receivable — a read on how far along these sales really are. Note: the project registers 317 homes in total, but this sold/unsold inventory filing covers only 294 of them — the other 23 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
What buyers actually paid: across 289 registered agreements, the effective carpet rate is ₹9,160/sqft (typical range ₹8,101–₹12,021) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.
The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Podium | 2 | 710 sqft (66 sqm) | ₹63.59 Lakh |
| Podium | 37 | 387 sqft (35.93 sqm) | ₹34.62 Lakh |
| Podium | 38 | 603 sqft (56.02 sqm) | ₹53.98 Lakh |
| Podium | 4 | 624 sqft (58 sqm) | ₹55.88 Lakh |
| Podium | 5 | 583 sqft (54.18 sqm) | ₹52.20 Lakh |
⚠ The inventory filing also declares: 23 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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 317 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| C | 1 | G+22 | 141 | - |
| D | 1 | G+23 | 176 | - |
Unit mix on the filing: 279 residential and 38 non-residential (shops/offices).
6 complaints are on the MahaRERA record for this project, with orders passed in 6. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC005000000064905 | 15/11/2022 | Ojaswini Sapatnekar vs Saarthi Skybay II | order passed |
| CC005000000177808 | 15/11/2022 | Ojaswini Sapatnekar vs Siddharth Properties | order passed |
| CC005000000370988 | 01/06/2024 | Prathamesh Gajanan Sonawane vs M/s Siddharth Properties | order passed |
| CC005000000370996 | 01/06/2024 | Sourjya Brata Chatterjee vs M/s Siddharth Properties | order passed |
| CC12503618 | 11/10/2025 | Charushila Satish Patil vs Siddharth Properties | order passed |
| CC12601337 | 11/03/2026 | Charushila Satish Patil vs Siddharth Properties | order passed |
The promoter has declared 2 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 flat. This is declared by the promoter; there may be further cases not on the RERA record.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Civil Judge Junior Division Pune | RCS/1757 | 2022 | Closed |
| Cjjd | RCS/1757 | 2022 | Closed |
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 | Due to heavy rainfall waterlogged on road resulting into stoppage of supply of materials, process of external plastering was also suspended. Further due to situations beyond contro |
| 30 Dec 2022 | 30 Sep 2024 | The Construction of the project is almost completed only the finishing work of the building is yet to be completed. We require Extension for only 9 months to complete the Finishing |
| 30 Dec 2022 | 30 Sep 2025 | Due to the disruption in the supply chain caused by the pandemic, the completion of the project has been delayed. Only the finishing work remains pending, so we request an extensio |
Located at Mahalunge, Mahalunge, Pune City, Pune, 411045. Per the filed land record, the plot is bounded to the north by part of S no 4, to the south by Skybay future building, to the east by 30 meter RP road and to the west by Part of Survey no 60. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Hinjewadi Rajiv Gandhi IT Park | 2 km |
| Baner–Balewadi belt | 3 km |
| Pune Junction / city centre | 14 km |
| Pune Int'l Airport (Lohegaon) | 17 km |
| Magarpatta / Hadapsar IT | 19 km |
| Kharadi / EON IT Park | 20 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 Saarrthi Skybay II?
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
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Unit Guidance Report · ₹2,999
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Siddharth Properties is the promoter on 9 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 Siddharth Properties project & its RERA track record →
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