MahaRERA Property Intelligence · Pune

VARSHA CHSL

P52100052637 · PUNE · promoter Kotibhaskar Infrastructures Developers

Certificate SignedDue 30 May 2026

Delivery & Registration

MahaRERA registrationP52100052637
Registered on15 Sep 2023
Promoter-declared completion30 May 2026
Current statusCertificate Signed
Against todayabout 2 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, Kotibhaskar Infrastructures Developers is the promoter of record on 30 projects, of which none currently 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 ~114.0% of the estimated project cost incurred as of the last certificate (₹15.77 Cr spent against a ₹13.83 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.

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 11 homes filed with MahaRERA, 11 are sold/booked (7 with registered agreements + 4 booked) and 0 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹37.18 Cr in agreement value so far. Of that, ₹30.82 Cr (~83%) is already collected, ₹6.36 Cr receivable — a read on how far along these sales really are. Note: the project registers 21 homes in total, but this sold/unsold inventory filing covers only 11 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 11 registered agreements, the effective carpet rate is ₹31,730/sqft (typical range ₹22,993–₹33,485) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

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 21 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
VARSHA CHSL1G+721-

Unit mix on the filing: 21 residential.

Complaints

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

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
01 Nov 202530 May 2026The Construction of the project is completed only finishing work of the project is remaining. We have obtained Part Occupancy Certificate dated 16.10.2025 bearing no. OCC/0792/2025

Location, Land & Connectivity

Located at PUNE, ERANDWANE, Haveli, Pune, 411004. Per the filed land record, the plot is bounded to the north by PLOT NO 6 OUT OF FINAL PLOT NO 31, to the south by PLOT NO 4B OUT OF FINAL PLOT NO 31, to the east by ROAD and to the west by FINAL PLOT NO 35. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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

Kotibhaskar Infrastructures &developers Pvt.ltd. is the promoter on 28 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

See every Kotibhaskar Infrastructures &developers P project & its RERA track record →

Other flagged projects by Kotibhaskar Infrastructures &developers P

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Other RERA-registered projects in Erandwane

Gharonda
possession by Jul 2026 · Parulekar Realty LLP
Gurusparsha
possession by Jul 2026 · Gokhale Schemes LLP
Manorama
possession by Jul 2026 · Pandit Javdekar Associates
Madhumati Chsl
possession by Sep 2026 · Kotibhaskar Infrastructures &develop
Serenity Springs
possession by Sep 2026 · Buttepatil Properties
State Bank OF India Employees Himgauri CO Operative Housing Society LTD
possession by Sep 2026 · Fortune Developers

Major developers building in Erandwane

Other RERA-registered projects in Pune

Varsha Heights
declared completion Dec 2025 · Smit Developers
Varsha Phase II
declared completion Sep 2020 · Sadguru Developers
Varun Enclave CHS
declared completion Dec 2025 · Kirik Enterprises
Vasant
declared completion Dec 2022 · B.u.bhandari Erandwana
Vasant Bahar
possession by Dec 2027 · Darsheel Construction
Vasant Center
declared completion Jun 2022 · Abhay Vasant Khinvasara

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