Alcon Signare
MahaRERA Property Intelligence · Pune
P52100016753 · MOHAMMADWADI · promoter Apk Landmarks Llp
| MahaRERA registration | P52100016753 |
| Registered on | 12 Jun 2018 |
| Promoter-declared completion | 30 Jun 2026 |
| Current status | Certificate Signed |
| Against today | about 1 months past 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.
MahaRERA's cost filing puts construction at ~77.3% of the estimated project cost incurred as of the last certificate (₹49.05 Cr spent against a ₹63.42 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. The declared completion date has already passed while the cost-incurred filing sits at ~77.3% — a wide gap between the promise and the money actually spent on site.
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 100 homes filed with MahaRERA, 59 are sold/booked (36 with registered agreements + 23 booked) and 41 remain available (~59% sold) — selling steadily. Buyers have committed ₹33.80 Cr in agreement value so far. Of that, ₹20.11 Cr (~60%) is already collected, ₹13.69 Cr receivable — a read on how far along these sales really are. Note: the project registers 165 homes in total, but this sold/unsold inventory filing covers only 100 of them — the other 65 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 59 registered agreements, the effective carpet rate is ₹8,596/sqft (typical range ₹6,640–₹9,902) — 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: 65 owner/investor-held. 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+15 and 165 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| SKY GARDENS | 1 | G+15 | 165 | - |
Unit mix on the filing: 165 residential.
3 complaints are on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12503399 | 23/09/2025 | AJAY AMARDAS MALHOTRA vs APK LANDMARKS LLP | pending / no order on file |
| CC12600172 | 10/01/2026 | Tanveerhusain Shabbirali Devjani vs Royal Construction Combine India Pvt Ltd (Builder) | pending / no order on file |
| CC12602551 | 01/05/2026 | Shoeb Ronak Contractor vs Royal Construction Combine India Pvt Ltd (Original Promoter as per Agreement) | pending / no order on file |
The promoter has declared 1 court case on this project to MahaRERA. 1 is still pending. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.
| Court | Case no. | Year | Status |
|---|---|---|---|
| District And Session Court Pune | 329/16 | 2016 | Pending For Notices |
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 |
|---|---|---|
| 30 Dec 2024 | 30 Dec 2025 | 1) We are the Promoters of the Real Estate Project known as “ROYAL PALMS” under implementation by us on land out of Survey No.20, Village Mohammadwadi within the Registration Sub-D |
| 30 Dec 2024 | 30 Jun 2026 | Delay in obtaining OC |
Located at MOHAMMADWADI, INTERNAL ROAD, PALACE ORCHID, Haveli, Pune, 411048. Per the filed land record, the plot is bounded to the north by STREAM NALA, to the south by SURVEY NUMBER 21, to the east by SURVEY NUMBER 20 HISSA NUMBER 8 and to the west by ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~6 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Magarpatta / Hadapsar IT | 6 km |
| Pune Junction / city centre | 8 km |
| Kharadi / EON IT Park | 10 km |
| Pune Int'l Airport (Lohegaon) | 13 km |
| Baner–Balewadi belt | 17 km |
| Hinjewadi Rajiv Gandhi IT Park | 23 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.
🔒 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 SKY GARDENS?
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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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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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