MahaRERA Property Intelligence · Pune

Varad Lake City

P52100016913 · Ambegaon KH · promoter Varad Shelters Pvt

Certificate SignedDue 30 Mar 2023

Delivery & Registration

MahaRERA registrationP52100016913
Registered on22 Jun 2018
Promoter-declared completion30 Mar 2023
Current statusCertificate Signed
Against todayabout 40 months past 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, Varad Shelters Pvt is the promoter of record on 151 projects, of which 13 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.

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+15.

BuildingWingsFloorsDeclared completion
RUKHMINI B1G+1530 Sep 2021
RUKHMINI A1G+1330 Sep 2021

Complaints & Orders

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.FiledPartiesStatus
CC00500000027976517/12/2023Aniket Mohan Nandre vs M/s. Varad Shelters PVT. LTdorder passed
CC00500000032062917/03/2024MANDAR ASHOK DAMALE vs VARAD SHELTERS PVT.LTDorder passed
CC00500000032061717/03/2024AJIT JANARDAN GURAV vs VARAD SHELTERS PVT LTD.order passed
CC00500000037103529/05/2024Priti Ashok Lagad vs M/s Varad Shelters Pvt. Ltd.Through its Director Mr. Nitin S. Shindeorder passed

Deadline Extensions

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 202230 Mar 20231. The Aviation NOC by Ministry of Defence was made compulsory. This put us on hold for construction before lockdown. 2. The lockdown has made big issue about scarcity of labor an

Location, Land & Connectivity

Located at Ambegaon KH, OFF MUMBAI BENGALURU HIGHWAY, Haveli, Pune, 411046. Per the filed land record, the plot is bounded to the north by GAOTHAN, to the south by REMAINING PROPERTY OF S NO 21 PART 1, to the east by PROPERTY OF MR PAWAR AND RUKHMINI C BLDG and to the west by ROAD AND GAOTHAN. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~7 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Pune Junction / city centre2 km
Magarpatta / Hadapsar IT7 km
Kharadi / EON IT Park9 km
Baner–Balewadi belt9 km
Pune Int'l Airport (Lohegaon)10 km
Hinjewadi Rajiv Gandhi IT Park15 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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Other RERA-registered projects in Pune

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Varad Residency
declared completion Jan 2021 · Vrushali Vijay Deshmukh
Varad Residency
declared completion May 2022 · Shriram Properties
Varad Residency
possession by Sep 2026 · Vilas Bhagaji Arekar
Varad Residency
possession by Mar 2027 · Quality Construction
Varad Residency Building A
declared completion Jul 2025 · Digambar Laxman Kumbhar

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