Lotus Properties
MahaRERA Property Intelligence · Pune
P52100047919 · - · promoter Lotus Properties
| MahaRERA registration | P52100047919 |
| Registered on | 01 Dec 2022 |
| Promoter-declared completion | 30 Apr 2026 |
| Current status | Certificate Signed |
| Against today | about 3 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, Lotus Properties is the promoter of record on 47 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.
MahaRERA's cost filing puts construction at ~100.0% of the estimated project cost incurred as of the last certificate (₹32.28 Cr spent against a ₹32.29 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 161 homes filed with MahaRERA, 152 are sold/booked and 9 remain available (~94% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹61.04 Cr in agreement value so far. Of that, ₹59.43 Cr (~97%) is already collected, ₹1.61 Cr receivable — a read on how far along these sales really are. Note: the project registers 184 homes in total, but this sold/unsold inventory filing covers only 161 of them — the other 23 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 152 registered agreements, the effective carpet rate is ₹6,989/sqft (typical range ₹6,645–₹7,310) — 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 |
|---|---|---|---|
| Floor 14 | 1402 | 618 sqft (57.42 sqm) | ₹34.07 Lakh |
| Floor 14 | 1407 | 617 sqft (57.32 sqm) | ₹34.01 Lakh |
| Ground/Floor 0 | 11 | 285 sqft (26.44 sqm) | ₹17.27 Lakh |
| Ground/Floor 0 | 12 | 524 sqft (48.7 sqm) | ₹31.82 Lakh |
| Ground/Floor 0 | 13 | 301 sqft (27.95 sqm) | ₹18.26 Lakh |
| Ground/Floor 0 | 21 | 487 sqft (45.26 sqm) | ₹29.57 Lakh |
| Ground/Floor 0 | 4 | 427 sqft (39.68 sqm) | ₹25.92 Lakh |
| Ground/Floor 0 | 8 | 301 sqft (27.97 sqm) | ₹18.27 Lakh |
| Ground/Floor 0 | 9 | 290 sqft (26.97 sqm) | ₹17.62 Lakh |
⚠ The inventory filing also declares: 23 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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+16 and 184 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| URBAN HOMES B WING | 1 | G+16 | 184 | - |
Unit mix on the filing: 166 residential and 18 non-residential (shops/offices).
1 complaint is on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12601206 | 06/03/2026 | PRAMOD DILIP YADAV vs LOTUS PROPERTIES | pending / no order on file |
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 | 30 Apr 2026 | We hereby submit this application for extension of the project registration period. The Occupancy Certificate for the above project has also been received on 06.01.2026 and was iss |
Located at -, -, Haveli, Pune, 412105. Per the filed land record, the plot is bounded to the north by BY PROPERTY OF S NO 413 PLAYGROUND AND 30 MTR ROAD, to the south by BY ROAD, to the east by BY PROPERTY OF S NO 413 and to the west by BY PROPERTY OF S NO 419. 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 URBAN HOMES B WING?
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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Lotus Properties 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).
See every Lotus Properties 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