MahaRERA Property Intelligence · Pune

Shanti Towers

P52100050909 · Golegaon Road · promoter Bora Developers

Certificate SignedDue 30 Dec 2025

Delivery & Registration

MahaRERA registrationP52100050909
Registered on15 May 2023
Promoter-declared completion30 Dec 2025
Current statusCertificate Signed
Against todayabout 7 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, Bora Developers is the promoter of record on 51 projects, of which 7 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 ~75.7% of the estimated project cost incurred as of the last certificate (₹3.50 Cr spent against a ₹4.63 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 ~75.7% — 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 37 homes filed with MahaRERA, 4 are sold/booked and 33 remain available (~11% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹1.10 Cr in agreement value so far. Of that, ₹78.00 Lakh (~71%) is already collected, ₹32.00 Lakh 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.

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 1Office 1441 sqft (40.96 sqm)₹13.21 Lakh
Floor 1Office 10108 sqft (10.02 sqm)₹3.23 Lakh
Floor 1Office 11190 sqft (17.68 sqm)₹5.70 Lakh
Floor 1Office 12146 sqft (13.58 sqm)₹4.38 Lakh
Floor 1Office 13177 sqft (16.49 sqm)₹5.32 Lakh
Floor 1Office 14127 sqft (11.79 sqm)₹3.80 Lakh
Floor 1Office 2199 sqft (18.45 sqm)₹5.95 Lakh
Floor 1Office 3199 sqft (18.45 sqm)₹5.95 Lakh
Floor 1Office 4199 sqft (18.45 sqm)₹5.95 Lakh
Floor 1Office 5198 sqft (18.44 sqm)₹5.95 Lakh
Floor 1Office 6199 sqft (18.45 sqm)₹5.95 Lakh
Floor 1Office 7199 sqft (18.45 sqm)₹5.95 Lakh
Floor 1Office 8199 sqft (18.45 sqm)₹5.95 Lakh
Floor 1Office 9151 sqft (14.01 sqm)₹4.52 Lakh
Floor 2Office 201578 sqft (53.67 sqm)₹17.32 Lakh
Floor 2Office 2021,610 sqft (149.54 sqm)₹48.25 Lakh
Floor 2Office 2031,478 sqft (137.32 sqm)₹44.30 Lakh
Floor 3Office 301578 sqft (53.67 sqm)₹17.32 Lakh
Floor 3Office 3021,610 sqft (149.54 sqm)₹48.25 Lakh
Floor 3Office 3031,478 sqft (137.32 sqm)₹44.30 Lakh
Floor 4Office 401578 sqft (53.67 sqm)₹17.32 Lakh
Floor 4Office 4021,610 sqft (149.54 sqm)₹48.25 Lakh
Floor 4Office 4031,478 sqft (137.32 sqm)₹44.30 Lakh
Ground/Floor 0Shop 1410 sqft (38.1 sqm)₹12.29 Lakh
Ground/Floor 0Shop 10199 sqft (18.47 sqm)₹5.96 Lakh
Ground/Floor 0Shop 11188 sqft (17.46 sqm)₹5.63 Lakh
Ground/Floor 0Shop 12188 sqft (17.46 sqm)₹5.63 Lakh
Ground/Floor 0Shop 13175 sqft (16.29 sqm)₹5.26 Lakh
Ground/Floor 0Shop 14127 sqft (11.79 sqm)₹3.80 Lakh
Ground/Floor 0Shop 2199 sqft (18.45 sqm)₹5.95 Lakh
Ground/Floor 0Shop 3199 sqft (18.45 sqm)₹5.95 Lakh
Ground/Floor 0Shop 7198 sqft (18.43 sqm)₹5.95 Lakh
Ground/Floor 0Shop 9155 sqft (14.38 sqm)₹4.64 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+5 and 37 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Shanti Towers1G+537-

Unit mix on the filing: 37 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

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
31 Dec 202430 Dec 2025The reason for not completing the development work in the project within the period is due to over all slowdown in local shirur market

Location, Land & Connectivity

Located at Golegaon Road, Sundar Shrushti, , Pune City, Pune, 412210. Per the filed land record, the plot is bounded to the north by 36 Mtr MDR Mandavgan Golegaon Road, to the south by Plot No C 02, to the east by Sr No 310 and 36Mtr MDR Mandavgan Road and to the west by 15 Mtrs Internal Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~55 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Kharadi / EON IT Park55 km
Pune Int'l Airport (Lohegaon)55 km
Magarpatta / Hadapsar IT59 km
Pune Junction / city centre62 km
Baner–Balewadi belt70 km
Hinjewadi Rajiv Gandhi IT Park72 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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Shantiniketan
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Shantiniketan Phase II A3
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Shantiniketan Phase II A4
declared completion Mar 2020 · Kumar Builders Consortium

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