Vaishnavi Promoters AND Developers
MahaRERA Property Intelligence · Pune
P52100026994 · CHOVISAWADI · promoter Vaishnavi
| MahaRERA registration | P52100026994 |
| Registered on | 10 Nov 2020 |
| Promoter-declared completion | 31 Dec 2027 |
| Current status | Certificate Signed |
| Against today | 17 months to the declared date |
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.
Across MahaRERA, Vaishnavi is the promoter of record on 75 projects, of which 16 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.
MahaRERA's cost filing puts construction at ~72.1% of the estimated project cost incurred as of the last certificate (₹17.28 Cr spent against a ₹23.96 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.
Of 76 homes filed with MahaRERA, 44 are sold/booked and 32 remain available (~58% sold) — selling steadily. Buyers have committed ₹10.08 Cr in agreement value so far. Of that, ₹8.88 Cr (~88%) is already collected, ₹1.20 Cr receivable — a read on how far along these sales really are. Note: the project registers 117 homes in total, but this sold/unsold inventory filing covers only 76 of them — the other 41 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
What buyers actually paid: across 44 registered agreements, the effective carpet rate is ₹5,473/sqft (typical range ₹4,413–₹6,939) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.
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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | 101 | 389 sqft (36.15 sqm) | ₹15.56 Lakh |
| Floor 1 | 102 | 638 sqft (59.29 sqm) | ₹25.51 Lakh |
| Floor 1 | 102 | 458 sqft (42.55 sqm) | ₹18.31 Lakh |
| Floor 1 | 103 | 415 sqft (38.53 sqm) | ₹16.58 Lakh |
| Floor 1 | 104 | 388 sqft (36.01 sqm) | ₹15.50 Lakh |
| Floor 1 | 105 | 308 sqft (28.64 sqm) | ₹12.32 Lakh |
| Floor 1 | 106 | 359 sqft (33.34 sqm) | ₹14.35 Lakh |
| Floor 10 | 1005 | 466 sqft (43.28 sqm) | ₹18.62 Lakh |
| Floor 2 | 201 | 388 sqft (36.03 sqm) | ₹15.50 Lakh |
| Floor 2 | 202 | 638 sqft (59.29 sqm) | ₹25.51 Lakh |
| Floor 2 | 202 | 455 sqft (42.28 sqm) | ₹18.19 Lakh |
| Floor 2 | 203 | 446 sqft (41.43 sqm) | ₹17.83 Lakh |
| Floor 2 | 203 | 415 sqft (38.53 sqm) | ₹16.58 Lakh |
| Floor 2 | 204 | 388 sqft (36.01 sqm) | ₹15.50 Lakh |
| Floor 2 | 205 | 308 sqft (28.66 sqm) | ₹12.33 Lakh |
| Floor 2 | 206 | 361 sqft (33.56 sqm) | ₹14.44 Lakh |
| Floor 3 | 302 | 638 sqft (59.29 sqm) | ₹25.51 Lakh |
| Floor 4 | 402 | 638 sqft (59.29 sqm) | ₹25.51 Lakh |
| Floor 5 | 502 | 638 sqft (59.29 sqm) | ₹25.51 Lakh |
| Floor 6 | 601 | 305 sqft (28.33 sqm) | ₹12.19 Lakh |
| Floor 7 | 705 | 466 sqft (43.28 sqm) | ₹18.62 Lakh |
| Ground/Floor 0 | Shop 1 | 115 sqft (10.69 sqm) | ₹5.61 Lakh |
| Ground/Floor 0 | Shop 2 | 137 sqft (12.73 sqm) | ₹6.68 Lakh |
| Ground/Floor 0 | Shop 3 | 239 sqft (22.21 sqm) | ₹11.66 Lakh |
| Ground/Floor 0 | Shop 4 | 174 sqft (16.17 sqm) | ₹8.49 Lakh |
| Ground/Floor 0 | Shop 5 | 253 sqft (23.51 sqm) | ₹12.34 Lakh |
| Ground/Floor 0 | Shop 8 | 250 sqft (23.23 sqm) | ₹12.19 Lakh |
| Ground/Floor 0 | Shop No. 1 | 325 sqft (30.17 sqm) | ₹15.83 Lakh |
| Ground/Floor 0 | Shop No. 2 | 146 sqft (13.58 sqm) | ₹7.13 Lakh |
| Ground/Floor 0 | Shop No. 3 | 150 sqft (13.92 sqm) | ₹7.31 Lakh |
| Ground/Floor 0 | Shop No. 4 | 168 sqft (15.62 sqm) | ₹8.20 Lakh |
| Ground/Floor 0 | Shop No. 5 | 148 sqft (13.75 sqm) | ₹7.22 Lakh |
⚠ The inventory filing also declares: 41 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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+14 and 117 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Building A | 1 | G+6 | 41 | 31 Jul 2024 |
| Building B | 1 | G+13 | 64 | 31 Jul 2024 |
| Building C | 1 | G+14 | 12 | 31 Jul 2024 |
Unit mix on the filing: 103 residential and 14 non-residential (shops/offices).
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
The promoter has had the MahaRERA completion deadline formally extended 2 times. 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 Jan 2025 | 31 Dec 2025 | Due to Shortages of materials or delays from suppliers Project has Not complited before Expiry Date. we request you to please Grant us some Extension for Complition of Project. |
| 31 Jan 2025 | 31 Dec 2027 | The project completion has been delayed due to circumstances beyond the control of the promoter. The project was adversely affected by delays in statutory approvals, disruption in |
Located at CHOVISAWADI, CHOVISAWADI, Haveli, Pune, 412105. Per the filed land record, the plot is bounded to the north by 18 MTRS ROAD, to the south by SURVEY NO 28, to the east by SURVEY NO 28 and to the west by 18 MTRS ROAD. 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.
🔒 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.
🔒 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.
Should you buy in SHUBH SHAGUN?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Vaishnavi Promoters AND Developers is the promoter on 10 MahaRERA-registered projects, of which 1 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:
See every Vaishnavi Promoters AND Developers project & its RERA track record →
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