MahaRERA Property Intelligence · Pune

THE RIDGES PHASE I

P52100003060 · Bhugaon · promoter Venkateshwara Associates

Certificate SignedDue 15 Aug 2019

Delivery & Registration

MahaRERA registrationP52100003060
Registered on04 Aug 2017
Promoter-declared completion15 Aug 2019
Current statusCertificate Signed
Against todayabout 83 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, Venkateshwara Associates is the promoter of record on 32 projects, of which 7 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+2.

BuildingWingsFloorsDeclared completion
PLOT NO 8, A-81G+2-
PLOT NO 12, B-41G+2-
PLOT NO 20, C-41G+2-
PLOT NO 21, C-51G+2-
PLOT NO 31, G-31G+2-
PLOT NO 32, G-41G+2-
PLOT NO 33, G-51G+2-
PLOT NO 34, H-11G+2-

Complaints & Orders

5 complaints are on the MahaRERA record for this project, with orders passed in 3. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00500000012712117/05/2022Sushant Gupta vs M/s Venkateshwara Associatesorder passed
CC00500000025909303/07/2023Nivedita Sudhakar Shetty vs M/S VENKATESHWARA ASSOCIATESorder passed
CC00500000027976411/12/2023Nidamarti Krishna Prasad vs Venkateshwara Associatesorder passed
CC1240036207/10/2024vinay kulkarni vs VENKATESHWARA ASSOCIATESpending / no order on file
CC1250297023/08/2025Vijay Tukaram Raundal vs VENKATESHWARA ASSOCIATESpending / no order on file

Location, Land & Connectivity

Located at Bhugaon, Paud Road, Pune City, Pune, 412115. Per the filed land record, the plot is bounded to the north by GAT NO 287 288, to the south by GAT NO 392 1, to the east by LAKE and to the west by 4 SEASONS. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~79 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Hinjewadi Rajiv Gandhi IT Park79 km
Baner–Balewadi belt84 km
Pune Junction / city centre95 km
Pune Int'l Airport (Lohegaon)96 km
Kharadi / EON IT Park99 km
Magarpatta / Hadapsar IT100 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

Venkateshwara Associates is the promoter on 2 MahaRERA-registered projects, of which 1 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:

Other flagged projects by Venkateshwara Associates

Venkateshwara Associates
Past its declared completion datePune

Other RERA-registered projects in Bhugaon

Balaji Krupa
possession by Jul 2026 · Santosh Dinkar Narvekar
Manas Valley Phase II
possession by Oct 2026 · Balaji Kimaya Associates
Plot NO. B-01 TO B-21 Viva,pirangut,pune
possession by Nov 2026 · Pact Real Estate Private Limited
Frangipani, Viva, Pirangut
Deregistered by MahaRERA · possession by Nov 2026 · K Raheja Corp Real Estate Private Limite
Krushnarang Residency
possession by Dec 2026 · Vastushilp Developers
Shanaya Elegance
possession by Dec 2026 · CK Associates

Major developers building in Bhugaon

Other RERA-registered projects in Pune

The Ridges Phase II
declared completion Sep 2023 · Venkateshwara Associates
THE Rise
possession by Dec 2028 · Trimurti Developers
THE Rise
possession by Mar 2027 · Shree Sah Developers
THE Rising
possession by Jul 2027 · Saniket Buildcon
The Rising Phase - 2
possession by Dec 2028 · Saniket Buildcon
THE River Nest
declared completion Jun 2024 · Prajot Prakash Jagdale

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