MahaRERA Property Intelligence · Pune

Velstand Phase 2 - formerly Kul scapes

P52100005825 · Tukaram Nagar · promoter Pathare Family

Certificate SignedDue 31 Dec 2023

Delivery & Registration

MahaRERA registrationP52100005825
Registered on14 Aug 2017
Promoter-declared completion31 Dec 2023
Current statusCertificate Signed
Against todayabout 31 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, Pathare Family is the promoter of record on 6 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.

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+26.

BuildingWingsFloorsDeclared completion
A Wing1G+2630 Dec 2021
B Wing1G+2130 Dec 2021

Complaints & Orders

8 complaints are on the MahaRERA record for this project, with orders passed in 8. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00500000001093217/01/2018Nikhil Rane vs Lalit Kumar Jainorder passed
CC00500000008550213/05/2021Nikhil Rane vs Pathare Familyorder passed
CC00500000034085603/05/2024Nikhil Shriram Rane vs Sukumar Enviro Farms Pvt. Ltd.order passed
CC00500000001095120/01/2018A N Janardhanan Nair vs Lalit Kumar Jainorder passed
CC00500000008556822/05/2021SUBHASH SINGH CHOUDHARY THROUGH POWER OF ATTORNEY MUKESH SINGH CHOUDHARY vs M/s Velstandorder passed
CC00500000011693614/04/2022ANIL C AGARWAL vs M/s. Sukumar Enviro Farms Pvt Ltdorder passed
CC00500000015733114/07/2022Mr. Ajit Janardhanan Through POA Mr. A.N.Janardhanan Nair vs Sukumar Enviro Farms Pvt. Ltdorder passed
CC1250055217/02/2025Nikhil Shriram Rane vs Pathare Familyorder passed

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 4 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 202330 Jun 20211. Before RERA came into force, we had entered into Joint Development Agreement (“JDA”) with Kumar Urban Development Private Limited (“KUDPL”) wherein KUDPL was the developer of th
31 Dec 202330 Dec 2022We, Pathare Family, having our office at Sr.No.9, Tukaram Nagar, Haveli, Pune-411014 with reference to our residential real estate project ‘Velstand Phase 2’ (formerly known as ‘K
31 Dec 202330 Jun 2023Before RERA came into force, we had entered into Joint Development Agreement (“JDA”) with Kumar Urban Development Private Limited (“KUDPL”) wherein KUDPL was the developer of the p
31 Dec 202331 Dec 2023The project is delayed on account of following reasons: 1. The project is almost completed but some minor finishes are pending. Further, the Promotor has applied for the NOC and c

Location, Land & Connectivity

Located at Tukaram Nagar, Magarpatta Road, Haveli, Pune, 411014. Per the filed land record, the plot is bounded to the north by Spring Field Society, to the south by SrNo 8-3, to the east by Mundhwa ByPass Road and to the west by SrNo 9-1-1. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~92 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Hinjewadi Rajiv Gandhi IT Park92 km
Baner–Balewadi belt96 km
Pune Junction / city centre107 km
Pune Int'l Airport (Lohegaon)111 km
Magarpatta / Hadapsar IT113 km
Kharadi / EON IT Park114 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

Velvet Villas Phase 1
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Velvet Villas Phase 2
possession by Dec 2026 · Ashdan Developers Private Limited
Velvet Vista
possession by Dec 2027 · Shubharambh Realty
Venkatesh Anandmayi
possession by Sep 2027 · Shree Venkatesh Enterprises
Venkatesh Aveneu
possession by Jan 2028 · Rajheramb Properties
Venkatesh Classic
declared completion Sep 2020 · Omshriniwas Developers

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