VARAD VINAYAK RESIDENCY

Delivery & Registration

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.

• Filing progress reports — 16 quarterly progress reports on record since registration, with no current default.

Builder Track Record

Across MahaRERA, Ajay Balkrishna Shahane is the promoter of record on 42 projects, of which 9 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.

Construction Progress

MahaRERA's cost filing puts construction at ~44.8% of the estimated project cost incurred as of the last certificate (₹2.85 Cr spent against a ₹6.36 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. With only ~8 months to the declared date and ~44.8% of the cost incurred, ask the promoter how the balance gets built in the time left.

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.

Sales & Inventory

Of 43 homes filed with MahaRERA, 6 are sold/booked and 37 remain available (~14% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹1.02 Cr in agreement value so far. Of that, ₹1.02 Cr (~100%) is already collected, ₹0 receivable — a read on how far along these sales really are. Note: the project registers 53 homes in total, but this sold/unsold inventory filing covers only 43 of them — the other 10 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 6 registered agreements, the effective carpet rate is ₹3,704/sqft (typical range ₹2,534–₹3,901) — 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:

⚠ The inventory filing also declares: 10 owner/investor-held. 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+7 and 53 homes are registered across the project.

Unit mix on the filing: 43 residential and 10 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Location, Land & Connectivity

Located at TANDULWADI, TANDULWADI ROAD, Baramati, Pune, 413102. Per the filed land record, the plot is bounded to the north by GAT NO - 195 PART, to the south by GAT NO - 195 PART, to the east by GAT NO - 194 and to the west by 36 M WIDE ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~79 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

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.

Other RERA-registered projects in Baramati

Major developers building in Baramati

Other RERA-registered projects in Pune

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.