MahaRERA Property Intelligence · Pune

Shubh Veda Block 9

P52100080707 · Kalbhor Nagar · promoter Upsquare Ventures Llp

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP52100080707
Registered on26 Jun 2025
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 months to 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, Upsquare Ventures Llp is the promoter of record on 3 projects, of which none currently 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 ~31.6% of the estimated project cost incurred as of the last certificate (₹2.58 Cr spent against a ₹8.17 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.

Sales & Inventory

Of 32 homes filed with MahaRERA, 12 are sold/booked and 20 remain available (~38% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹7.66 Cr in agreement value so far. Of that, ₹3.21 Cr (~42%) is already collected, ₹4.45 Cr 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.

What buyers actually paid: across 12 registered agreements, the effective carpet rate is ₹13,649/sqft (typical range ₹10,692–₹17,152) — 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:

FloorUnitCarpetReckoner value
Floor 2280440 sqft (40.84 sqm)₹25.72 Lakh
Floor 2283440 sqft (40.84 sqm)₹25.72 Lakh
Floor 2284440 sqft (40.84 sqm)₹25.72 Lakh
Floor 2285440 sqft (40.84 sqm)₹25.72 Lakh
Floor 2286440 sqft (40.84 sqm)₹25.72 Lakh
Floor 3380440 sqft (40.84 sqm)₹25.72 Lakh
Floor 3381440 sqft (40.84 sqm)₹25.72 Lakh
Floor 3382440 sqft (40.84 sqm)₹25.72 Lakh
Floor 3383440 sqft (40.84 sqm)₹25.72 Lakh
Floor 3384440 sqft (40.84 sqm)₹25.72 Lakh
Floor 3385440 sqft (40.84 sqm)₹25.72 Lakh
Floor 3386440 sqft (40.84 sqm)₹25.72 Lakh
Floor 3387440 sqft (40.84 sqm)₹25.72 Lakh
Ground/Floor 080718 sqft (66.73 sqm)₹42.02 Lakh
Ground/Floor 081718 sqft (66.73 sqm)₹42.02 Lakh
Ground/Floor 082718 sqft (66.73 sqm)₹42.02 Lakh
Ground/Floor 084718 sqft (66.73 sqm)₹42.02 Lakh
Ground/Floor 085718 sqft (66.73 sqm)₹42.02 Lakh
Ground/Floor 086718 sqft (66.73 sqm)₹42.02 Lakh
Ground/Floor 087718 sqft (66.73 sqm)₹42.02 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+4 and 32 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Block-91G+432-

Unit mix on the filing: 32 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
30 Apr 202831 Dec 2028We would like to inform that a typographical error has been made in the project completion date which was submitted by the consultant. The mentioned date does not align with the or

Location, Land & Connectivity

Located at Kalbhor Nagar, Kalbhor Nagar, Pune City, Pune, 411035. Per the filed land record, the plot is bounded to the north by Old Pune Mumbai Road and 31 meter wide Road, to the south by 31 meter wide road, to the east by Old Pune Mumbai Road and to the west by CTS No 4662 and 4665. 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

Upsquare Ventures LLP is the promoter on 3 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).

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Major developers building in Akurdi

Other RERA-registered projects in Pune

Shubh Veda Tower E F G And Block 8
possession by Dec 2030 · Upsquare Ventures LLP
Shubhalabha Society
possession by Mar 2027 · Iris Construction
Shubham
declared completion Dec 2019 · Sankalpconstruction
Shubham Ekdant
declared completion Dec 2022 · Shubham Vaastu Developers
Shubham Galleria
declared completion Oct 2022 · Kohinoor Associates
Shubham Galleria PH-2
declared completion Mar 2026 · Kohinoor Associates

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