MahaRERA Property Intelligence · Pune

SILICON BAY PHASE I

P52100004042 · promoter Karan Janhavi Development

Certificate SignedDue 31 Dec 2019

Delivery & Registration

MahaRERA registrationP52100004042
Registered on07 Aug 2017
Promoter-declared completion31 Dec 2019
Current statusCertificate Signed
Against todayabout 79 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, Karan Janhavi Development 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.

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+13.

BuildingWingsFloorsDeclared completion
A WING1G+1331 Dec 2018
B WING1G+1331 Dec 2018

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00500000001195021/08/2018NITIN RAOSAHEB PATIL vs VILAS GALANDEorder passed

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 201931 Dec 2019There is default in Payment by few Customer, Our Project is 100% construction work is complete, many customer are residing our building as Silicon Bay. Completion certificate is pe

Location, Land & Connectivity

Located at Haveli, Pune, 411014. Per the filed land record, the plot is bounded to the north by BY SURVEY NO 10 CHA 5 PART, to the south by BY SURVEY NO 10 CHA 2 PART, to the east by BY SURVEY NO 10 CHA 11 PART and to the west by BY SURVEY NO 9 CHA 4 PART SURVEY NO 9 CHA 3 PART . Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~3 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Kharadi / EON IT Park3 km
Magarpatta / Hadapsar IT4 km
Pune Int'l Airport (Lohegaon)4 km
Pune Junction / city centre5 km
Baner–Balewadi belt15 km
Hinjewadi Rajiv Gandhi IT Park19 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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Builder track record

Karan Janhavi Development Coroporation 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).

Other flagged projects by Karan Janhavi Development Coroporation

Karan Janhavi Development Coroporation
FlaggedPune
Karan Janhavi Development Coroporation
FlaggedPune

Other RERA-registered projects in Kharadi

Satyam Shivam Phase 2
Not filing quarterly progress reports · possession by Sep 2026 · Vijayalaxmi Associates
The Collection - W2 And W7
possession by Sep 2026 · Bramhacorp Limited
Unique Youtopia Phase III
possession by Sep 2026 · Unique Associates
Spandan
possession by Oct 2026 · Evolve Infra
Ganga Platinum A
possession by Oct 2026 · Shree Balaji Associates Pune LLP
Percept Bounty 3
possession by Dec 2026 · Prime Estate

Major developers building in Kharadi

Other RERA-registered projects in Pune

Silicon BAY Phase II
declared completion Jan 2024 · Karan Janhavi Development Coroporation
Silicon BAY Phase III
declared completion Jul 2024 · Karan Janhavi Development Coroporation
Silvan Canopy
possession by Dec 2028 · Soham Associates
Silvana
declared completion Feb 2020 · Shreeji Group
Silvana County
declared completion Dec 2019 · Diamond Properties
Silvanacounty
declared completion Dec 2019 · Diamond Properties

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