MahaRERA Property Intelligence · Pune

Siddhi Avenue

P52100078129 · Katraj Pune · promoter Siddhivinayak Developers

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP52100078129
Registered on25 Nov 2024
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today17 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.

Construction Progress

MahaRERA's cost filing puts construction at ~32.9% of the estimated project cost incurred as of the last certificate (₹2.04 Cr spent against a ₹6.20 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 7 homes filed with MahaRERA, 7 are sold/booked (6 with registered agreements + 1 booked) and 0 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹3.27 Cr in agreement value so far. Of that, ₹1.75 Cr (~54%) is already collected, ₹1.51 Cr receivable — a read on how far along these sales really are. Note: the project registers 12 homes in total, but this sold/unsold inventory filing covers only 7 of them — the other 5 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 7 registered agreements, the effective carpet rate is ₹8,157/sqft (typical range ₹6,265–₹10,339) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 5 owner/investor-held. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+3 and 12 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Siddhi Avenue1G+312-

Unit mix on the filing: 12 residential.

Complaints

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

Location, Land & Connectivity

Located at Katraj Pune, Pune, Haveli, Pune, 411046. Per the filed land record, the plot is bounded to the north by By 20 Fts Internal Road, to the south by By Property From Survey No 72 4, to the east by By Prop from S No 72 1 1 Pvt P No 8 and Sub Pvt 6 and to the west by By Prop From S No 72 1 1 Pvt P No 7 and Sub Pvt 4. 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

Siddhivinayak Developers is the promoter on 11 MahaRERA-registered projects, of which 2 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 Siddhivinayak Developers project & its RERA track record →

Other flagged projects by Siddhivinayak Developers

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Other RERA-registered projects in Katraj

Aishwarya Heights
possession by Jul 2026 · Shree Sadguru Construction
Basil Chandrakant
possession by Jul 2026 · Shree Sadguru Developers
Vastushree Phase-1
possession by Aug 2026 · Vastu Construction
Capella
possession by Aug 2026 · D K Realties
Divya Elite
possession by Aug 2026 · RRS Infracon LLP
Yogamrut
Not filing quarterly progress reports · possession by Aug 2026 · Jay Ganesh Buildcon

Major developers building in Katraj

Other RERA-registered projects in Pune

Siddhi-Business BAY
possession by Dec 2026 · Bhairav Promoters
Siddhi Complex
declared completion Jul 2024 · Kiran Associates
Siddhi Complex
declared completion Jan 2021 · Siddhi Developers
Siddhi Homes
declared completion May 2022 · Shree Ganesh Developers
Siddhi Homes Phase II
declared completion Jun 2023 · Shree Ganesh Developers
Siddhi Icon
possession by Jun 2027 · Bhairav S P 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