Pune/Project record

MahaRERA · the public record

Shantais Divine Vastu

Punawale · Mahalaxmi Developers

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58units filed as unsoldInventory · 19 September 2026
31 Dec 2026declared completionMahaRERA registration · read 12 Jul 2026
73registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

31 Dec 2026

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P52100054227

Delivery and registration

When is the project declared for completion?

Shantais Divine Vastu is registered with MahaRERA as P52100054227 and the promoter has declared completion for 31 Dec 2026.

31 Dec 2026

declared completion

3months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP52100054227
Registered on09 Jan 2024
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today3 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for Shantais Divine Vastu record 9 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

  • Filing progress reports — 9 quarterly progress reports on record since registration, with no current default.

Construction

How much construction cost has been reported?

In Shantais Divine Vastu, ₹4.18 Cr of a declared ₹4.65 Cr estimated project cost is reported as incurred, about 90.0%, as at the last certified filing with MahaRERA.

90.0%

₹4.18 Cr

of ₹4.65 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In Shantais Divine Vastu, 7 of 65 homes filed with MahaRERA are recorded as sold or booked, about 11%, and 58 remain available.

11%sold

7 of 65 homes

₹1.38 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹82.05 Lakh (about 59%) is recorded as collected and ₹1.61 Cr as receivable. The project registers 73 homes in total, while this sold/unsold inventory filing covers 65 of them.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 7 registered agreements, the effective carpet rate is ₹6,630/sqft, with eight in ten falling between ₹4,487 and ₹17,067 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The inventory filing also declares: 8 owner/investor-held.

What the filings record, home by home

Read from MahaRERA on 19 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 7 homes carry one, and 58 of the 73 are recorded unsold.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
Office 102262 sqftRs 17.10 lakh typical, over Rs 11.76 lakh to Rs 17.10 lakh4 filed at this size

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.

In Shantais Divine Vastu, 17 of the 58 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 57 homes — ₹2,999 →

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 73 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A Wing1G+77331 Dec 2025

Unit mix on the filing: 25 residential and 48 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Deadline Extensions

The MahaRERA completion deadline for this project has been formally extended 1 time, as recorded on the register.

FromExtended toStated reason
as registered31 Dec 2026Delay in bookings

Location, Land & Connectivity

Located at Punawale, Punawale, Mulshi, Pune, 411033. Per the filed land record, the plot is bounded to the north by Part of Survey No 35, to the south by Road, to the east by Survey No 35 Part and to the west by Survey No 36. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~5848 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 Park5848 km
Baner–Balewadi belt5852 km
Pune Junction / city centre5863 km
Pune Int'l Airport (Lohegaon)5867 km
Magarpatta / Hadapsar IT5868 km
Kharadi / EON IT Park5869 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.

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Builder track record

Mahalaxmi Developers is the promoter on 8 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).

See every Mahalaxmi Developers project & its RERA track record →

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7 Plumeria Drive- Phase 3
possession by Sep 2026 · B A Consulting
Austin Arena
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Shree Heritage
possession by Sep 2026 · Bhakti Venkateshwara Developers
Silveroak C1
Deregistered by MahaRERA · possession by Sep 2026 · SAI Samarttha Properties
Vivanta Next
possession by Sep 2026 · Shree Sonigara Punamiya Developers

Major developers building in Punawale

Other RERA-registered projects in Pune

Shantanu Height
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Shanti Anand
declared completion Dec 2025 · Sankalp Promoters
Shanti Complex Building C
declared completion Dec 2024 · Tejus Builders AND Developers
Shanti Krupa
declared completion Oct 2023 · Chandranchal Properties
Shanti Towers
declared completion Dec 2025 · Bora Developers
Shantiban Phase II
possession by Dec 2030 · Surana Bhansali Developers

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: 20 Sep 2026