MahaRERA Property Intelligence · Pune

Urja Cornerstone Building 2

P52100006381 · Grampanchayat · promoter Vimal Gordhanbhai Pipalia

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP52100006381
Registered on14 Aug 2017
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today5 months to 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, 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.

Sales & Inventory

Of 73 homes filed with MahaRERA, 34 are sold/booked (24 with registered agreements + 10 booked) and 39 remain available (~47% sold) — selling steadily. Buyers have committed ₹7.76 Cr in agreement value so far. Of that, ₹3.45 Cr (~44%) is already collected, ₹4.32 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 73 of them — the other 25 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 34 registered agreements, the effective carpet rate is ₹4,008/sqft (typical range ₹3,710–₹4,863) — 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:

FloorUnitCarpetReckoner value
Floor 1105616 sqft (57.26 sqm)₹25.35 Lakh
Floor 1110616 sqft (57.26 sqm)₹25.35 Lakh
Floor 1111607 sqft (56.39 sqm)₹24.97 Lakh
Floor 1112360 sqft (33.4 sqm)₹14.79 Lakh
Floor 2205617 sqft (57.34 sqm)₹25.39 Lakh
Floor 2206445 sqft (41.38 sqm)₹18.32 Lakh
Floor 2207609 sqft (56.62 sqm)₹25.07 Lakh
Floor 2210607 sqft (56.41 sqm)₹24.98 Lakh
Floor 3307618 sqft (57.45 sqm)₹25.44 Lakh
Floor 3309445 sqft (41.3 sqm)₹18.29 Lakh
Floor 3310616 sqft (57.26 sqm)₹25.35 Lakh
Floor 4401445 sqft (41.38 sqm)₹18.32 Lakh
Floor 4406445 sqft (41.38 sqm)₹18.32 Lakh
Floor 4409436 sqft (40.54 sqm)₹17.95 Lakh
Floor 4410607 sqft (56.41 sqm)₹24.98 Lakh
Floor 4413615 sqft (57.15 sqm)₹25.31 Lakh
Floor 5501445 sqft (41.38 sqm)₹20.15 Lakh
Floor 5506445 sqft (41.3 sqm)₹20.12 Lakh
Floor 5507618 sqft (57.45 sqm)₹27.98 Lakh
Floor 5508619 sqft (57.48 sqm)₹28.00 Lakh
Floor 5509445 sqft (41.3 sqm)₹20.12 Lakh
Floor 5510616 sqft (57.26 sqm)₹27.89 Lakh
Floor 5511607 sqft (56.39 sqm)₹27.47 Lakh
Floor 6604433 sqft (40.23 sqm)₹19.59 Lakh
Floor 6605617 sqft (57.34 sqm)₹27.93 Lakh
Floor 6606445 sqft (41.38 sqm)₹20.15 Lakh
Floor 6611551 sqft (51.2 sqm)₹24.94 Lakh
Floor 6613615 sqft (57.15 sqm)₹27.84 Lakh
Floor 7703607 sqft (56.39 sqm)₹27.47 Lakh
Floor 7704443 sqft (41.12 sqm)₹20.03 Lakh
Floor 7705616 sqft (57.26 sqm)₹27.89 Lakh
Floor 7706445 sqft (41.3 sqm)₹20.12 Lakh
Floor 7707618 sqft (57.45 sqm)₹27.98 Lakh
Floor 7708619 sqft (57.48 sqm)₹27.99 Lakh
Floor 7709445 sqft (41.3 sqm)₹20.12 Lakh
Floor 7710616 sqft (57.26 sqm)₹27.89 Lakh
Floor 7712465 sqft (43.2 sqm)₹21.04 Lakh
Floor 7713614 sqft (57.07 sqm)₹27.80 Lakh
Floor 7714445 sqft (41.38 sqm)₹20.15 Lakh

⚠ The inventory filing also declares: 25 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+8 and 98 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Urja Cornerstone Building 21G+89831 Dec 2019

Unit mix on the filing: 98 residential.

Complaints & Orders

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

Complaint no.FiledPartiesStatus
CC00500000001192222/08/2018RAMRAO SHANTARAM THAKUR vs VIMAL PIPALIAorder passed
CC00500000006478731/10/2020Mr.Jagganth Baban Shinde vs M/s Urja Developers through its prop Mr.Vimal G.Pipaliaorder passed
CC00500000006478931/10/2020Mr Prashant Kisan Jadhav vs M/s Urja Developers through its prop Mr.Vimal G.Pipaliaorder passed
CC00500000008522616/02/2021Mr Ganesh Diliprao Kulkarni vs M/s Urja Developers through its prop Mr VImal G.Pipaliaorder passed
CC00500000008524423/02/2021Mr.Dinesh Kaluram Jare and Mrs. Supriya Dinesh Jare vs Urja Developers Through its Proprietor Mr. Vimal Gordhanbhai Pipaliaorder passed

Deadline Extensions

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
31 Dec 202530 Dec 2020Our project “Urja Cornerstone Building 2” is RCC work complete upto 21% as per Architect Certificate. Project is delay due to unavoidable reasons and material and labour problems.
31 Dec 202531 Dec 2025THE PROJECT GOT DELAYED DUE TO COVID BUT WE WILL COMPLETE THE PROJECT AT THE EARLIEST. With due respect, I would like to bring to your attention that a total of 98 flats are constr
31 Dec 201931 Dec 2026Non availability of required funds and financial crunch on account of non-demand for the units in the project for sale we could not able to complete the project within stipulated t

Location, Land & Connectivity

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 and 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.

Location & connectivity

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.

LandmarkStraight-line
Pune Int'l Airport (Lohegaon)21 km
Hinjewadi Rajiv Gandhi IT Park23 km
Baner–Balewadi belt25 km
Kharadi / EON IT Park25 km
Pune Junction / city centre26 km
Magarpatta / Hadapsar IT29 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

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:

Other flagged projects by Vimal Gordhanbhai Pipalia

Vimal Gordhanbhai Pipalia
FlaggedPune
Vimal Gordhanbhai Pipalia
Not filing quarterly progress reportsPune

Other RERA-registered projects in Chakan

Vallabh Heights
possession by Sep 2026 · G R Developers
Shree Samarth Shrushti
possession by Sep 2026 · Jagdamba Developers
Swapnapurti Heights
Not filing quarterly progress reports · possession by Oct 2026 · B R Developers
Richmond
possession by Oct 2026 · Coral Shubh Builders
Mungase Towers
possession by Dec 2026 · Mr Santosh Vasudev Mungase
Chakan High Street
possession by Dec 2026 · Chakan Business HUB LLP

Major developers building in Chakan

Other RERA-registered projects in Pune

Urja Cornerstore Building 3
possession by Dec 2027 · Vimal Gordhanbhai Pipalia
Urja Residency
declared completion Mar 2018 · Anita Bhausaheb KAD
Usha Enclave
declared completion Oct 2024 · Patwardhan Projects
Usha Heights
possession by Dec 2026 · Muralidhar Hajare
Ushakiran
declared completion Dec 2025 · Kapil Ulhas Trimal
Ushakkal
possession by Dec 2027 · Ranade Bagade Construction LLP

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