MahaRERA Property Intelligence · Pune

SAI SQUARE

P52100077781 · Vadgaon Mawal · promoter Sai Square

Certificate SignedDue 30 Aug 2025

Delivery & Registration

MahaRERA registrationP52100077781
Registered on29 Oct 2024
Promoter-declared completion30 Aug 2025
Current statusCertificate Signed
Against todayabout 11 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.

Builder Track Record

Across MahaRERA, Sai Square is the promoter of record on 178 projects, of which 16 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.

Construction Progress

MahaRERA's cost filing puts construction at ~85.3% of the estimated project cost incurred as of the last certificate (₹8.10 Cr spent against a ₹9.50 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 ~85.3% — 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 40 homes filed with MahaRERA, 29 are sold/booked (23 with registered agreements + 6 booked) and 11 remain available (~72% sold) — selling steadily. Buyers have committed ₹6.32 Cr in agreement value so far. Of that, ₹4.39 Cr (~70%) is already collected, ₹1.93 Cr receivable — a read on how far along these sales really are. Note: the project registers 44 homes in total, but this sold/unsold inventory filing covers only 40 of them — the other 4 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 29 registered agreements, the effective carpet rate is ₹5,476/sqft (typical range ₹4,198–₹6,512) — 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:

FloorUnitCarpetReckoner value
Floor 1101390 sqft (36.2 sqm)₹12.19 Lakh
Floor 1OFFICE 1051,927 sqft (179.05 sqm)₹72.36 Lakh
Floor 4406(A)386 sqft (35.83 sqm)₹12.07 Lakh
Floor 5505(A)392 sqft (36.38 sqm)₹12.25 Lakh
Floor 5506(A)386 sqft (35.83 sqm)₹12.07 Lakh
Lower GroundShop No. 4200 sqft (18.61 sqm)₹7.10 Lakh
Lower GroundShop No. 5189 sqft (17.57 sqm)₹7.10 Lakh
Lower GroundShop No. 6189 sqft (17.57 sqm)₹7.52 Lakh
Lower GroundShop No. 7200 sqft (18.61 sqm)₹7.52 Lakh
Upper GroundShop No. 1189 sqft (17.57 sqm)₹7.10 Lakh
Upper GroundShop No. 2189 sqft (17.57 sqm)₹7.10 Lakh

⚠ The inventory filing also declares: 4 owner/investor-held. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+6 and 44 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SAI SQUARE1G+644-

Unit mix on the filing: 36 residential and 8 non-residential (shops/offices).

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 1 time. 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 May 202530 Aug 2025Due to changes in the approved project layout, we require additional time to complete the project as per the revised sanction plan. As per the last QPR update, there were 6 sold u

Location, Land & Connectivity

Located at Vadgaon Mawal, -, Mawal, Pune, 412106. Per the filed land record, the plot is bounded to the north by Mumbai Pune Highway, to the south by Plot No 3, to the east by Sr No 194 and to the west by Internal Colony 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 ~20 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 Park20 km
Baner–Balewadi belt25 km
Pune Junction / city centre35 km
Pune Int'l Airport (Lohegaon)35 km
Kharadi / EON IT Park39 km
Magarpatta / Hadapsar IT40 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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Other RERA-registered projects in Vadgaon Maval

Presidential Park Phase 2
possession by Oct 2026 · Oneness Realtors
Samarth Heights
possession by Dec 2026 · Swamisamarth Developers
Osian Lifelands Grande
possession by Dec 2026 · M/s Prime Realty
Residential Building On CTS No 107/1p -Girivar Residency
possession by Dec 2026 · Shrivar Builders LLP
Sahyadri Complex
possession by Dec 2026 · Luxuriant Group
Surya Heights
possession by Dec 2026 · SSB Developer

Major developers building in Vadgaon Maval

Other RERA-registered projects in Pune

SAI Srushti
declared completion Dec 2019 · Sai Srushti Builders And Developers
SAI Srushti
possession by Dec 2027 · Ashok Nirman Developers
SAI Stella
possession by Dec 2028 · M/s.shree Sai Capstone
SAI Suman
declared completion Dec 2021 · Sunsai Developers
SAI Sundaram
declared completion Oct 2018 · Gurusai Developers
Sai Sushrut
possession by Dec 2027 · SAI Sushrut Developers 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: 27 Jul 2026