MahaRERA Property Intelligence · Pune

Skyi Star City Phase V

P52100050099 · Kirkatwadi · promoter Skyi Property Ventures

Certificate SignedDue 30 Sep 2027

Delivery & Registration

MahaRERA registrationP52100050099
Registered on15 Mar 2023
Promoter-declared completion30 Sep 2027
Current statusCertificate Signed
Against today14 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, Skyi Property Ventures is the promoter of record on 41 projects, of which 2 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 ~86.2% of the estimated project cost incurred as of the last certificate (₹11.77 Cr spent against a ₹13.65 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 68 homes filed with MahaRERA, 68 are sold/booked (66 with registered agreements + 2 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 ₹28.04 Cr in agreement value so far. Of that, ₹17.11 Cr (~61%) is already collected, ₹10.93 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 68 registered agreements, the effective carpet rate is ₹7,137/sqft (typical range ₹6,789–₹7,301) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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+8 and 68 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Tower L1G+868-

Unit mix on the filing: 68 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.

Legal & Litigation

The promoter has declared 1 court case on this project to MahaRERA. 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.

CourtCase no.YearStatus
Pune Civil Judge Sr Division Court1752/20142014Framing Of Issues

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 Sep 202630 Sep 2027We hereby apply for extension under Section 6 of the Real Estate (Regulation and Development) Act, 2016. The primary reason for the delay in completion of the project has arisen d

Location, Land & Connectivity

Located at Kirkatwadi, Kirkatwadi, Mulshi, Pune, 411024. Per the filed land record, the plot is bounded to the north by Road Gat No 268 Boundary of Village Dhayari, to the south by Gat No 277 280 281 282 283 284, to the east by Boundary of Village Dhayari and to the west by Road Gat No 261 264 268. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~14 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Pune Junction / city centre13 km
Baner–Balewadi belt14 km
Magarpatta / Hadapsar IT16 km
Hinjewadi Rajiv Gandhi IT Park18 km
Kharadi / EON IT Park20 km
Pune Int'l Airport (Lohegaon)21 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

Skyi Property Ventures LLP is the promoter on 6 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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Other RERA-registered projects in Kirkatwadi

Malhar Heights
possession by Sep 2026 · Ganesh Shrirang Khengre
Vasundhara Phase I
possession by Dec 2026 · Walsis Properties
Shri Samartha Vihar
possession by Dec 2026 · Shri Samarth Developers
Skyi Star City Phase IV
possession by Mar 2027 · Skyi Property Ventures LLP
Chaitrangan Phase II
possession by May 2027 · Dedge Housing Development LLP
Skyi Star City Phase VII
possession by May 2027 · Skyi Property Ventures LLP

Other RERA-registered projects in Pune

Skyi Star City Phase VI
possession by Mar 2028 · Skyi Property Ventures LLP
Skyi Star City Phase VII
possession by May 2027 · Skyi Property Ventures LLP
Skyi Star City Phase Viii
possession by Dec 2028 · Skyi Property Ventures LLP
Skyi Star Towers Phase I
declared completion Aug 2019 · Enerrgia Skyi Ventures
Skyi Star Towers Phase II
declared completion Feb 2021 · Enerrgia Skyi Ventures
Skyi Star Town Commercial
declared completion Aug 2023 · Pate Life Melange Developers Pvt Ltd

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