MahaRERA Property Intelligence · Pune

The Legend Phase II

P52100025986 · Opp Shell Petrol Pump · promoter Shree Sankalp Associates

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP52100025986
Registered on07 Aug 2020
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.

Builder Track Record

Across MahaRERA, Shree Sankalp Associates is the promoter of record on 85 projects, of which 9 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 ~143.4% of the estimated project cost incurred as of the last certificate (₹43.50 Cr spent against a ₹30.33 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 188 homes filed with MahaRERA, 149 are sold/booked and 39 remain available (~79% sold) — selling steadily. Buyers have committed ₹69.74 Cr in agreement value so far. Of that, ₹66.79 Cr (~96%) is already collected, ₹2.95 Cr receivable — a read on how far along these sales really are. Note: the project registers 244 homes in total, but this sold/unsold inventory filing covers only 188 of them — the other 56 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 149 registered agreements, the effective carpet rate is ₹8,342/sqft (typical range ₹6,147–₹9,518) — 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 1101153 sqft (14.17 sqm)₹11.42 Lakh
Floor 1102165 sqft (15.32 sqm)₹12.35 Lakh
Floor 1103196 sqft (18.19 sqm)₹20.93 Lakh
Floor 1104196 sqft (18.19 sqm)₹20.93 Lakh
Floor 1105197 sqft (18.32 sqm)₹21.08 Lakh
Floor 1107158 sqft (14.71 sqm)₹16.92 Lakh
Floor 1108157 sqft (14.63 sqm)₹16.83 Lakh
Floor 1108165 sqft (15.32 sqm)₹12.35 Lakh
Floor 1109165 sqft (15.32 sqm)₹12.35 Lakh
Floor 2201153 sqft (14.17 sqm)₹11.42 Lakh
Floor 2202180 sqft (16.69 sqm)₹13.45 Lakh
Floor 2203139 sqft (12.91 sqm)₹10.41 Lakh
Floor 2204130 sqft (12.07 sqm)₹9.73 Lakh
Floor 2205199 sqft (18.47 sqm)₹14.89 Lakh
Floor 2208165 sqft (15.32 sqm)₹12.35 Lakh
Floor 2209165 sqft (15.32 sqm)₹12.35 Lakh
Floor 3301310 sqft (28.76 sqm)₹23.18 Lakh
Floor 3301153 sqft (14.17 sqm)₹11.42 Lakh
Floor 3302175 sqft (16.26 sqm)₹13.11 Lakh
Floor 3302165 sqft (15.32 sqm)₹12.35 Lakh
Floor 3303175 sqft (16.26 sqm)₹13.11 Lakh
Floor 3304175 sqft (16.26 sqm)₹13.11 Lakh
Floor 3305175 sqft (16.26 sqm)₹13.11 Lakh
Floor 3306180 sqft (16.68 sqm)₹13.45 Lakh
Floor 3307139 sqft (12.92 sqm)₹10.41 Lakh
Floor 3308130 sqft (12.07 sqm)₹9.73 Lakh
Floor 3309199 sqft (18.47 sqm)₹14.89 Lakh
Floor 4401153 sqft (14.17 sqm)₹11.42 Lakh
Floor 4402165 sqft (15.32 sqm)₹12.35 Lakh
Floor 4405222 sqft (20.64 sqm)₹16.64 Lakh
Floor 4406222 sqft (20.64 sqm)₹16.64 Lakh
Floor 4407222 sqft (20.64 sqm)₹16.64 Lakh
Floor 4408165 sqft (15.32 sqm)₹12.35 Lakh
Floor 4409165 sqft (15.32 sqm)₹12.35 Lakh
Upper Ground3243 sqft (22.53 sqm)₹31.27 Lakh
Upper Ground4243 sqft (22.53 sqm)₹31.27 Lakh
Upper Ground5242 sqft (22.48 sqm)₹31.20 Lakh
Upper Ground7198 sqft (18.38 sqm)₹25.51 Lakh
Upper Ground8198 sqft (18.35 sqm)₹25.47 Lakh

⚠ The inventory filing also declares: 56 not for sale. 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+15 and 244 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
The Legend B Wing1G+15166-
The Legend C Wing1G+442-
The Legend D Wing1G+336-

Unit mix on the filing: 225 residential and 19 non-residential (shops/offices).

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
CC00500000047128412/07/2024Vishal Jugalkishor Pallod vs M/s Shree Sankalp Associatesorder passed

Deadline Extensions

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 Jun 202430 Jun 2026Receiving sanction of new building, so need to extend the date of completion to 30/06/2026
30 Jun 202431 Dec 2027The project completion has been delayed due to circumstances beyond the control of the promoter. The project was adversely affected by delays in statutory approvals, disruption in

Location, Land & Connectivity

Located at Opp Shell Petrol Pump, Wakad Hinjewadi Road, Pune City, Pune, 411057. Per the filed land record, the plot is bounded to the north by Hinjewadi Gaothan, to the south by Main Road, to the east by Survey No 4 and to the west by Survey No 3. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~0 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Hinjewadi Rajiv Gandhi IT Park0 km
Baner–Balewadi belt5 km
Pune Junction / city centre16 km
Pune Int'l Airport (Lohegaon)19 km
Magarpatta / Hadapsar IT21 km
Kharadi / EON IT Park22 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

Shree Sankalp Associates is the promoter on 2 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 Shree Sankalp Associates

Shree Sankalp Associates
FlaggedPune

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The Lords Part 2
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The Lords Part 3
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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