MahaRERA Property Intelligence · Pune

SATYAM SERENITY - B

P52100004660 · Wadgaonsheri · promoter Vijayalaxmi Creations

Certificate SignedDue 30 Jul 2025

Delivery & Registration

MahaRERA registrationP52100004660
Registered on09 Aug 2017
Promoter-declared completion30 Jul 2025
Current statusCertificate Signed
Against todayabout 12 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, Vijayalaxmi Creations is the promoter of record on 15 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 ~93.6% of the estimated project cost incurred as of the last certificate (₹18.91 Cr spent against a ₹20.20 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 12 homes filed with MahaRERA, 12 are sold/booked and 0 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

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+11 and 12 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SERENITY -B1G+111231 Jul 2023

Unit mix on the filing: 12 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
CC00500000002266013/02/2019PUSHPALATA KASHINATH KHOBARE vs M/S. VIJAYALAXMI CREATIONSorder passed
CC00500000005389205/01/2020Mr. Bobby Arokiadass Francis vs Vijayalaxmi Creations through its Authorized Signatory Rajesh Dwarkaprasad Bansalorder passed

Legal & Litigation

The promoter has declared 2 court cases on this project to MahaRERA. 1 is still pending. 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
Pmc Court8952010Pending
Pmc Court10642010Closed

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 Jul 202530 Jul 20251. Delay in Paper Work at the time of Plan Revision 2. Lack of Labour 3. Non Availability of Construction Materials

Location, Land & Connectivity

Located at Wadgaonsheri, Kalyani Nagar Annex, Pune City, Pune, 411014. Per the filed land record, the plot is bounded to the north by ADJ HISSA NO 16, to the south by ADJ HISSA NO 22 23, to the east by 12 MT DP ROAD and to the west by ADJ HISSA NO 17. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Kharadi / EON IT Park2 km
Magarpatta / Hadapsar IT3 km
Pune Int'l Airport (Lohegaon)4 km
Pune Junction / city centre6 km
Baner–Balewadi belt16 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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Builder track record

Vijayalaxmi Creations is the promoter on 3 MahaRERA-registered projects, of which 2 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:

Other flagged projects by Vijayalaxmi Creations

Vijayalaxmi Creations
FlaggedPune
Vijayalaxmi Creations
Not filing quarterly progress reportsPune

Other RERA-registered projects in Kharadi

Satyam Shivam Phase 2
Not filing quarterly progress reports · possession by Sep 2026 · Vijayalaxmi Associates
The Collection - W2 And W7
possession by Sep 2026 · Bramhacorp Limited
Unique Youtopia Phase III
possession by Sep 2026 · Unique Associates
Spandan
possession by Oct 2026 · Evolve Infra
Ganga Platinum A
possession by Oct 2026 · Shree Balaji Associates Pune LLP
Percept Bounty 3
possession by Dec 2026 · Prime Estate

Major developers building in Kharadi

Other RERA-registered projects in Pune

Satyam Serenity - C
possession by Dec 2027 · Vijayalaxmi Creations
Satyam Shivam Phase 2
possession by Sep 2026 · Vijayalaxmi Associates
Satyam Shrey-A
declared completion Dec 2024 · Vijayalaxmi Infrarealtors LLP
Satyam Shrey B
declared completion Dec 2024 · Vijayalaxmi Infrarealtors LLP
Saubhagya
declared completion May 2024 · B T Developers
Saukhyam
possession by Apr 2027 · Ranjekar Sahasrabudhe LLP

What to verify (QPR non-filer)

  1. Cross-check the developer's last QPR filing date on the MahaRERA portal — non-filing can indicate stalled construction.
  2. Visit the site (or request a third-party inspection report) to verify actual construction progress.
  3. If no QPR has been filed for more than two quarters, file a complaint with MahaRERA for non-disclosure.

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