Shri Ashtavinayak Park
MahaRERA Property Intelligence · Pune
P52100007390 · NEAR CENTRAL BUILDING · promoter Vaibhav Construction
| MahaRERA registration | P52100007390 |
| Registered on | 17 Aug 2017 |
| Promoter-declared completion | 30 Dec 2021 |
| Current status | Certificate Signed |
| Against today | about 55 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.
Across MahaRERA, Vaibhav Construction is the promoter of record on 60 projects, of which 8 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.
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+4.
| Building | Wings | Floors | Declared completion |
|---|---|---|---|
| TOWN CENTRAL | 1 | G+4 | 08 Mar 2021 |
2 complaints are on the MahaRERA record for this project, with orders passed in 2. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC005000000096107 | 09/10/2021 | Prathamesh Ravindra Jadhav vs Nikhil Dattatray Sawant | order passed |
| CC005000000096123 | 12/10/2021 | Sarala Ravindra Jadhav vs Nikhil Dattatray Sawant | order passed |
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 2021 | 31 Dec 2020 | We had already applied for part completion certificate with the local body (DAUND MUNCIPAL COUNCIL) ON 27/06/2019 AND AGAIN ON 27/12/2019. On our consistent follow up local body ha |
| 30 Dec 2021 | 31 Dec 2020 | Following are reasons for project delay 1. Delay in execution of R.C.C. work due to differences with contractor regarding payment schedule, faulty workmanship and overall late per |
Located at NEAR CENTRAL BUILDING, JANTA COLONY RAILWAY STATION ROAD, Daund, Pune, 413801. Per the filed land record, the plot is bounded to the north by BY CTS NO 2598-8-1 PART, to the south by BY CTS NO 2598 PART ST SEBESTIAN SCHOOL, to the east by By Adjacent Road and to the west by BY CTS NO 2598-7-2-3-4. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~68 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Kharadi / EON IT Park | 68 km |
| Magarpatta / Hadapsar IT | 69 km |
| Pune Int'l Airport (Lohegaon) | 71 km |
| Pune Junction / city centre | 75 km |
| Baner–Balewadi belt | 85 km |
| Hinjewadi Rajiv Gandhi IT Park | 90 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 TOWN CENTRAL?
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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Vaibhav Construction is the promoter on 3 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).
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