Vimal Gordhanbhai Pipalia
MahaRERA Property Intelligence · Pune
P52100004993 · Grampanchayat · promoter Vimal Gordhanbhai Pipalia
| MahaRERA registration | P52100004993 |
| Registered on | 09 Aug 2017 |
| Promoter-declared completion | 30 Jun 2025 |
| Current status | Certificate Signed |
| Against today | about 13 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, Vimal Gordhanbhai Pipalia is the promoter of record on 6 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.
Of 83 homes filed with MahaRERA, 81 are sold/booked and 2 remain available (~98% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹17.40 Cr in agreement value so far. Of that, ₹13.83 Cr (~79%) is already collected, ₹3.57 Cr receivable — a read on how far along these sales really are. Note: the project registers 98 homes in total, but this sold/unsold inventory filing covers only 83 of them — the other 15 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 81 registered agreements, the effective carpet rate is ₹4,140/sqft (typical range ₹1,962–₹4,978) — 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 6 | A Wing 613 | 615 sqft (57.12 sqm) | ₹25.29 Lakh |
| Floor 7 | B Wing 707 | 618 sqft (57.46 sqm) | ₹25.44 Lakh |
⚠ The inventory filing also declares: 15 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+8 and 98 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Urja Cornerstone Building 1 | 1 | G+8 | 98 | 31 Dec 2018 |
Unit mix on the filing: 98 residential.
4 complaints are on the MahaRERA record for this project, with orders passed in 4. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC005000000053834 | 25/12/2019 | Mr.Rahul Subhash Jagtap vs M/s Urja Developers Through its Prop Mr VImal G.Pipalia | order passed |
| CC005000000053841 | 26/12/2019 | Mrs.Sangita pravin Solanki vs M/s Urja Developers through its prop Mr. Vimal G. Pipalia | order passed |
| CC005000000064786 | 31/10/2020 | Mrs Ashwini Tushar Shinde vs M/s Urja Developers through its proprietor Mr.Vimal G.Pipalia | order passed |
| CC005000000064788 | 31/10/2020 | Mrs Jyoti Prashant Jadhav vs M/s Urja Develpers through its prop Mr.Vimal G.Pipalia | order passed |
The promoter has had the MahaRERA completion deadline formally extended 3 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 2025 | 30 Apr 2020 | Urja Cornerstone Building no. 1 is completed 99% in all aspects and we will apply for OC as soon as remaining work completed, we expect OC within six months. |
| 30 Jun 2025 | 30 Apr 2020 | Our project "Urja Cornerstone Building 1", RCC work completed 100% as per Architect Certificate. Project is delayed due to material, labour and other unavoidable reasons. we will t |
| 30 Jun 2025 | 31 Dec 2024 | To, Maharashtra Real Estate Regulatory Authority (MAHA RERA), BKC, HousefinBhavan, Near RBI, E Block, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra 400051 Subject: |
Located at Grampanchayat, Nashik Hwy, Panvel, Raigarh, 410501. Per the filed land record, the plot is bounded to the north by By Land Bearing Gut No 4207 4211 4235, to the south by By Remaining Portion of the Present S No, to the east by By Land Bearing Gut No 3813 and to the west by By Land Bearing Gut No 3815. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~23 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 |
|---|---|
| Pune Int'l Airport (Lohegaon) | 21 km |
| Hinjewadi Rajiv Gandhi IT Park | 23 km |
| Baner–Balewadi belt | 25 km |
| Kharadi / EON IT Park | 25 km |
| Pune Junction / city centre | 26 km |
| Magarpatta / Hadapsar IT | 29 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 Urja Cornerstone Building 1?
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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Vimal Gordhanbhai Pipalia is the promoter on 3 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:
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