MahaRERA Property Intelligence · Pune

SAISHA PHASE - 2

P52100028374 · NEAR TO SHRIYANS SOCIETY · promoter Sai Samarttha Properties

Certificate SignedDue 23 Dec 2024

Delivery & Registration

MahaRERA registrationP52100028374
Registered on22 Feb 2021
Promoter-declared completion23 Dec 2024
Current statusCertificate Signed
Against todayabout 19 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 Samarttha Properties is the promoter of record on 18 projects, of which 4 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 ~84.3% of the estimated project cost incurred as of the last certificate (₹15.39 Cr spent against a ₹18.25 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 ~84.3% — 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 64 homes filed with MahaRERA, 56 are sold/booked (50 with registered agreements + 6 booked) and 8 remain available (~88% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹19.56 Cr in agreement value so far. Of that, ₹16.32 Cr (~83%) is already collected, ₹3.24 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 56 registered agreements, the effective carpet rate is ₹6,791/sqft (typical range ₹4,046–₹9,146) — 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 4A - 401562 sqft (52.24 sqm)₹48.45 Lakh
Floor 4A - 402604 sqft (56.15 sqm)₹43.70 Lakh
Floor 4A - 404686 sqft (63.69 sqm)₹53.70 Lakh
Floor 4A - 405622 sqft (57.74 sqm)₹44.60 Lakh
Floor 5A - 505619 sqft (57.48 sqm)₹44.00 Lakh
Floor 7A - 702601 sqft (55.88 sqm)₹43.70 Lakh
Floor 8A - 802557 sqft (51.72 sqm)₹45.88 Lakh
Floor 8A - 804461 sqft (42.86 sqm)₹28.60 Lakh

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+7 and 64 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A WING - 4 TO 11 FLOOR1G+74031 Dec 2023
MHADA WING1G+52423 Jun 2024

Unit mix on the filing: 64 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.

Location, Land & Connectivity

Located at NEAR TO SHRIYANS SOCIETY, PAVANA NAGAR, Mulshi, Pune, 411033. Per the filed land record, the plot is bounded to the north by LAND OF SILVEROAK REALITY AND BANKAR, to the south by LAND OF SHIVAJI KUDALE AND SAVATA MALI TRUST LAND, to the east by G K BUILDER AND LAND OF MANDA KUDALE and to the west by LAND OF BANKAR AAND BOUNDARY OF S NO 41. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~159 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Pune Int'l Airport (Lohegaon)158 km
Kharadi / EON IT Park159 km
Magarpatta / Hadapsar IT162 km
Pune Junction / city centre166 km
Baner–Balewadi belt172 km
Hinjewadi Rajiv Gandhi IT Park174 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

SAI Samarttha Properties is the promoter on 5 MahaRERA-registered projects, of which 1 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 SAI Samarttha Properties project & its RERA track record →

Other flagged projects by SAI Samarttha Properties

SAI Samarttha Properties
FlaggedPune
SAI Samarttha Properties
FlaggedPune
SAI Samarttha Properties
FlaggedPune
SAI Samarttha Properties
Deregistered by MahaRERAPune

Other RERA-registered projects in Punawale

BVM Flora
possession by Jul 2026 · Sunny Naresh Nagdev
Miracle Mathura
possession by Jul 2026 · Miracle Builders And Developers
Sai Aarav
possession by Jul 2026 · Abhijit Prakash Borase
Samarth Paradise
possession by Aug 2026 · Samarth Associates
Isle OF Life - Building B And C
possession by Aug 2026 · R R Ventures
Vision ACE Commercial Phase I
possession by Sep 2026 · Vision ACE

Major developers building in Punawale

Other RERA-registered projects in Pune

Saishilp Empire
possession by Dec 2027 · Saishilp Buildcon LLP
Saishlok
possession by Dec 2026 · A S Properties
Saishraddha
declared completion Dec 2023 · Chetan Chandrakant Darwatkar
Saishriya Samruddhi
declared completion Mar 2021 · SAI Shriya Builders
Saisindhu Avenue
declared completion Dec 2018 · Rajesh Chavan
Saisneh Appartment
declared completion Dec 2023 · Sonali Sandeep Kumbhar

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