MahaRERA Property Intelligence · Pune

SHANKARA APARTMENT

P52100028517 · SHIVAJI NAGAR · promoter Karan Developers

Certificate SignedDue 30 Jun 2023

Delivery & Registration

MahaRERA registrationP52100028517
Registered on08 Mar 2021
Promoter-declared completion30 Jun 2023
Current statusCertificate Signed
Against todayabout 37 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, Karan Developers is the promoter of record on 78 projects, of which 6 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.

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.

BuildingWingsFloorsDeclared completion
SHANKARA APARTMENT1G+631 Dec 2022

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 SHIVAJI NAGAR, BHANDARKAR ROAD, Pune City, Pune, 411004. Per the filed land record, the plot is bounded to the north by CANAL ROAD, to the south by CTS NO 870 6 OWNED BY MR DESAI, to the east by CTS NO 870 6 AND 20 FEET ROAD and to the west by COZINOOK SOCIETY LANE NO 11. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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

Karan Developers is the promoter on 2 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).

Other flagged projects by Karan Developers

Other RERA-registered projects in Erandwane

Gharonda
possession by Jul 2026 · Parulekar Realty LLP
Gurusparsha
possession by Jul 2026 · Gokhale Schemes LLP
Manorama
possession by Jul 2026 · Pandit Javdekar Associates
Madhumati Chsl
possession by Sep 2026 · Kotibhaskar Infrastructures &develop
Serenity Springs
possession by Sep 2026 · Buttepatil Properties
State Bank OF India Employees Himgauri CO Operative Housing Society LTD
possession by Sep 2026 · Fortune Developers

Major developers building in Erandwane

Other RERA-registered projects in Pune

Shankarvinayak Apartment
declared completion Dec 2022 · A AND D Construction
Shankeshawar Gold Palace
possession by Apr 2030 · BPO Uprise Lifestyle
Shankeshwar Business HUB Phase 1
possession by Dec 2027 · Arunita Developers
Shankeshwar Business HUB Phase II
possession by Dec 2027 · Arunita Landmarks
Shankeshwar Capital
possession by Dec 2027 · Nitin Chhaganlal Jain
Shankeshwar Crimson
declared completion Dec 2019 · Nitin Chhaganlal Jain

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