Paranjape Schemes LTD
MahaRERA Property Intelligence · Pune
P52100031560 · Bhugaon · promoter Paranjape Schemes (Construction)
| MahaRERA registration | P52100031560 |
| Registered on | 31 Oct 2021 |
| Promoter-declared completion | 31 Dec 2027 |
| Current status | Certificate Signed |
| Against today | 17 months to 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.
Across MahaRERA, Paranjape Schemes (Construction) is the promoter of record on 50 projects, of which 4 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.
MahaRERA's cost filing puts construction at ~50.4% of the estimated project cost incurred as of the last certificate (₹17.88 Cr spent against a ₹35.46 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.
Of 31 homes filed with MahaRERA, 23 are sold/booked (22 with registered agreements + 1 booked) and 8 remain available (~74% sold) — selling steadily. Buyers have committed ₹71.72 Cr in agreement value so far. Of that, ₹57.92 Cr (~81%) is already collected, ₹13.80 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 23 registered agreements, the effective carpet rate is ₹11,360/sqft (typical range ₹9,817–₹13,752) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Ground/Floor 0 | Villa - 08 | 3,257 sqft (302.6 sqm) | ₹1.86 Cr |
| Ground/Floor 0 | Villa - 16 | 3,257 sqft (302.6 sqm) | ₹1.86 Cr |
| Ground/Floor 0 | Villa - 21 | 2,729 sqft (253.57 sqm) | ₹1.56 Cr |
| Ground/Floor 0 | Villa - 22 | 2,729 sqft (253.57 sqm) | ₹1.56 Cr |
| Ground/Floor 0 | Villa - 23 | 2,729 sqft (253.57 sqm) | ₹1.56 Cr |
| Ground/Floor 0 | Villa - 29 | 3,260 sqft (302.82 sqm) | ₹1.86 Cr |
| Ground/Floor 0 | Villa - 30 | 3,260 sqft (302.82 sqm) | ₹1.86 Cr |
| Ground/Floor 0 | Villa - 31 | 3,260 sqft (302.82 sqm) | ₹1.86 Cr |
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.
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 and 31 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Viila 1 | 1 | G+1 | 1 | - |
| Viila 2 | 1 | G+1 | 1 | - |
| Villa 3 | 1 | G+1 | 1 | - |
| Villa 4 | 1 | G+1 | 1 | - |
| Villa 5 | 1 | G+1 | 1 | - |
| Villa 6 | 1 | G+2 | 1 | - |
| Villa 7 | 1 | G+2 | 1 | - |
| Villa 8 | 1 | G+2 | 1 | - |
| Villa 9 | 1 | G+2 | 1 | - |
| Villa 10 | 1 | G+2 | 1 | - |
| Villa 11 | 1 | G+2 | 1 | - |
| Villa 12 | 1 | G+2 | 1 | - |
| Villa 13 | 1 | G+2 | 1 | - |
| Villa 14 | 1 | G+2 | 1 | - |
| Villa 15 | 1 | G+2 | 1 | - |
| Villa 16 | 1 | G+2 | 1 | - |
| Villa 17 | 1 | G+2 | 1 | - |
| Villa 18 | 1 | G+2 | 1 | - |
| Villa 19 | 1 | G+2 | 1 | - |
| Villa 20 | 1 | G+2 | 1 | - |
| Villa 21 | 1 | G+2 | 1 | - |
| Villa 22 | 1 | G+2 | 1 | - |
| Villa 23 | 1 | G+2 | 1 | - |
| Villa 24 | 1 | G+2 | 1 | - |
| Villa 25 | 1 | G+2 | 1 | - |
| Villa 26 | 1 | G+2 | 1 | - |
| Villa 27 | 1 | G+2 | 1 | - |
| Villa 28 | 1 | G+2 | 1 | - |
| Villa 29 | 1 | G+2 | 1 | - |
| Villa 30 | 1 | G+2 | 1 | - |
| Villa 31 | 1 | G+2 | 1 | - |
Unit mix on the filing: 31 residential.
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
The promoter has declared 3 court cases 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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Civil Judge Senior Division Pune | 1480/11 | 2011 | Matter Is Kept For Examination In Chief |
| Civil Judge Junior Division Pune | 593/2018 | 2018 | Applicant Has Taken Steps For Issue Of Summons |
| Civil Judge Senior Division Pune | 186/2018 | 2018 | Matter Is Kept For Hearing |
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 2025 | 31 Dec 2027 | Self - Declaration explaining reason is uploaded |
Located at Bhugaon, Paud Road, Mumbai City, Mumbai City, 412115. Per the filed land record, the plot is bounded to the north by Survey No 144 and HG20, to the south by OS 22 and Playground G70, to the east by Survey No 84 and to the west by OS 13 and Playground G70. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
🔒 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 The Rivolo Residences at Forest Trails?
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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Paranjape Schemes LTD is the promoter on 26 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:
See every Paranjape Schemes LTD project & its RERA track record →
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