MahaRERA Property Intelligence · Pune

SANTIAGO SKYMONT

P52100012533 · - · promoter Asha Heritage Developers

Certificate SignedDue 31 Dec 2030

Delivery & Registration

MahaRERA registrationP52100012533
Registered on01 Sep 2017
Promoter-declared completion31 Dec 2030
Current statusCertificate Signed
Against today53 months to 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, Asha Heritage Developers is the promoter of record on 54 projects, of which 5 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 ~64.7% of the estimated project cost incurred as of the last certificate (₹15.55 Cr spent against a ₹24.05 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.

Sales & Inventory

Of 109 homes filed with MahaRERA, 59 are sold/booked (58 with registered agreements + 1 booked) and 50 remain available (~54% sold) — selling steadily. Buyers have committed ₹15.98 Cr in agreement value so far. Of that, ₹14.77 Cr (~92%) is already collected, ₹1.11 Cr receivable — a read on how far along these sales really are. Note: the project registers 142 homes in total, but this sold/unsold inventory filing covers only 109 of them — the other 33 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 59 registered agreements, the effective carpet rate is ₹5,527/sqft (typical range ₹4,759–₹6,036) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 33 not for sale. 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+15 and 142 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A WING1G+1594-
B WING1G+28-
C WING1G+640-

Unit mix on the filing: 142 residential.

Complaints & Orders

2 complaints are on the MahaRERA record for this project, with orders passed in 2. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00500000002327829/07/2019ShaamaEstatePII_Flat_Owners vs Shailesh Kantilal Patelorder passed
CC1250301726/08/2025Rajendra Ramachandra Khot vs ASHA HERITAGE DEVELOPERSorder passed

Legal & Litigation

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.

CourtCase no.YearStatus
Civil Court Pune Maharashtra506/20202020Ongoing
--0000Ongoing

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 Dec 202031 Dec 2030The Current A wing is completed and we seek extension for carrying out construction of the newly sanctioned B and C wing within the project.

Location, Land & Connectivity

Located at -, SR NO 155 P, Haveli, Pune, 412105. Per the filed land record, the plot is bounded to the north by SR NO 152 12M INTERNAL ROAD, to the south by SR NO 154, to the east by SR NO 155 P and to the west by SR NO 153 1. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~15 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Pune Int'l Airport (Lohegaon)11 km
Kharadi / EON IT Park15 km
Pune Junction / city centre17 km
Magarpatta / Hadapsar IT18 km
Baner–Balewadi belt18 km
Hinjewadi Rajiv Gandhi IT Park20 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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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