Naik Heritage
MahaRERA Property Intelligence · Pune
P52100023142 · RAVIWAR PETH · promoter Utkarsh Associates
| MahaRERA registration | P52100023142 |
| Registered on | 04 Dec 2019 |
| Promoter-declared completion | 31 Mar 2029 |
| Current status | Certificate Signed |
| Against today | 32 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, Utkarsh Associates is the promoter of record on 15 projects, of which 1 carries 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 26 homes filed with MahaRERA, 3 are sold/booked and 23 remain available (~12% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹1.46 Cr in agreement value so far. Of that, ₹1.01 Cr (~69%) is already collected, ₹45.18 Lakh receivable — a read on how far along these sales really are. Note: the project registers 54 homes in total, but this sold/unsold inventory filing covers only 26 of them — the other 28 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.
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 1 | A- 101 | 299 sqft (27.804 sqm) | ₹21.73 Lakh |
| Floor 1 | Office - 01 | 387 sqft (35.95 sqm) | ₹42.77 Lakh |
| Floor 1 | Office - 02 | 958 sqft (89.03 sqm) | ₹1.06 Cr |
| Floor 1 | Office - 03 | 355 sqft (32.98 sqm) | ₹39.24 Lakh |
| Floor 1 | Office - 04 | 450 sqft (41.76 sqm) | ₹49.68 Lakh |
| Floor 1 | Office - 05 | 311 sqft (28.93 sqm) | ₹34.42 Lakh |
| Floor 2 | B - 205 | 428 sqft (39.77 sqm) | ₹31.09 Lakh |
| Floor 6 | B - 602 | 219 sqft (20.33 sqm) | ₹15.89 Lakh |
| Floor 6 | B - 605 | 439 sqft (40.83 sqm) | ₹31.92 Lakh |
| Lower Ground | Godown 01 | 67 sqft (6.22 sqm) | ₹13.90 Lakh |
| Lower Ground | Godown 02 | 62 sqft (5.77 sqm) | ₹12.90 Lakh |
| Lower Ground | Shop - 04 | 159 sqft (14.8 sqm) | ₹33.08 Lakh |
| Lower Ground | Shop - 09 | 84 sqft (7.84 sqm) | ₹17.53 Lakh |
| Lower Ground | Shop - 10 | 157 sqft (14.62 sqm) | ₹32.68 Lakh |
| Lower Ground | Shop - 11 | 159 sqft (14.77 sqm) | ₹33.02 Lakh |
| Lower Ground | Shop - 12 | 147 sqft (13.67 sqm) | ₹30.56 Lakh |
| Lower Ground | Shop - 13 | 187 sqft (17.331 sqm) | ₹38.74 Lakh |
| Upper Ground | Shop - 20 | 157 sqft (14.54 sqm) | ₹32.50 Lakh |
| Upper Ground | Shop - 21 | 157 sqft (14.54 sqm) | ₹32.50 Lakh |
| Upper Ground | Shop - 22 | 192 sqft (17.88 sqm) | ₹39.97 Lakh |
| Upper Ground | Shop No1 | 360 sqft (33.4854 sqm) | ₹74.85 Lakh |
| Upper Ground | Shop No2 | 738 sqft (68.5503 sqm) | ₹1.53 Cr |
| Upper Ground | Shop No3 | 157 sqft (14.54 sqm) | ₹32.50 Lakh |
⚠ The inventory filing also declares: 28 reserved. 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+11 and 54 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| UTKARSH HEIGHTS - A WING | 1 | G+11 | 27 | 31 Dec 2027 |
| UTKARSH HEIGHTS - B WING | 1 | G+11 | 27 | 31 Dec 2027 |
Unit mix on the filing: 28 residential and 26 non-residential (shops/offices).
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 |
|---|---|---|---|
| Small Causes Court Pune | CIVIL SUIT 307/2014 | 2014 | Settled And Order Passed |
| Small Causes Court Pune | CIVIL SUIT 310/2014 | 2014 | Settled And Order Passed |
| Small Causes Court Pune | CIVIL SUIT 419/2015 | 2015 | Settled And Order Passed |
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 |
|---|---|---|
| 30 Mar 2026 | 31 Mar 2029 | The construction work at the site has been suspended for some time due to certain technical issues and litigation matters. As per the directions of the sanctioning authority, the w |
Located at RAVIWAR PETH, RAVIWAR PETH, Pune City, Pune, 411002. Per the filed land record, the plot is bounded to the north by BY LANE, to the south by BY LAXMI ROAD, to the east by BY REMAINING PARTOF CTS NO 966 RAVIWAR PETH and to the west by BY LANE. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~7 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Pune Junction / city centre | 2 km |
| Magarpatta / Hadapsar IT | 7 km |
| Kharadi / EON IT Park | 9 km |
| Pune Int'l Airport (Lohegaon) | 9 km |
| Baner–Balewadi belt | 10 km |
| Hinjewadi Rajiv Gandhi IT Park | 16 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 UTKARSH HEIGHTS?
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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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