MahaRERA Property Intelligence · Pune

Shata Laxmi

P52100005586 · promoter Sharad Gangadhar Phapale

Certificate SignedDue 30 Oct 2020

Delivery & Registration

MahaRERA registrationP52100005586
Registered on11 Aug 2017
Promoter-declared completion30 Oct 2020
Current statusCertificate Signed
Against todayabout 69 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, Sharad Gangadhar Phapale is the promoter of record on 12 projects, of which 2 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+4.

BuildingWingsFloorsDeclared completion
A1G+4-
B1G+4-
C1G+1-

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
30 Oct 202030 Oct 2020Due to market conditions & labour problems we unable to complete project so please humble request to extend project completion date

Location, Land & Connectivity

Located at Junnar, Pune, 412409. Per the filed land record, the plot is bounded to the north by 3, to the south by 4, to the east by 1 and to the west by 2. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~70 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Pune Int'l Airport (Lohegaon)69 km
Hinjewadi Rajiv Gandhi IT Park70 km
Baner–Balewadi belt72 km
Kharadi / EON IT Park73 km
Pune Junction / city centre75 km
Magarpatta / Hadapsar IT77 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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Other RERA-registered projects in Pune

Shatavari Apartments
declared completion Dec 2018 · Wagholikar Associates
Shaurya Residence
declared completion Dec 2024 · 3 S Properties
Shavira Residency
declared completion Jun 2026 · Shavira Developers LLP
Shedge Heights
declared completion Nov 2022 · Divyayasha Builders Promoters AND Develo
Sheela Ashish
possession by May 2027 · Pandit Javdekar Associates
Sheetal Bag Phase 3
declared completion Dec 2019 · Jagdish Agashe Financing Co Pvt Ltd

What to do next (past deadline)

  1. Ask the developer for the RERA extension filing — they must file for an extension before the deadline passes.
  2. Check the MahaRERA portal for a revised completion date or extension order.
  3. Review your allotment letter's possession clause for interest or compensation terms on delayed handover.
  4. File a complaint with MahaRERA if no extension has been filed and the delay is impacting possession.

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