Home / Browse projects / Mumbai Suburban, Maharashtra / 12 PEGASUS
12 PEGASUS
By Jayant Enterprises S N Project
RG-MH-07129 · RERA P51800054031 · Last updated on MahaRERA portal: 28 Apr 2026
Source: official MahaRERA filing
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Red flags
- 1 complaint at MahaRERA
Clear
- No litigation declared
- Completion date never moved
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
- All 1 earlier projects delivered on promise
1 condition is on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.
See what the report covers Free either way: or have every new Mumbai Suburban registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
12 PEGASUS is a Others project by Jayant Enterprises S N Project in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800054031 on 19 Dec 2023. Possession is promised by 31 Dec 2028. 100 of the 539 units on this registration are recorded sold or booked, and 8 of 22 construction stages are filed complete. 1 complaint is on record with the regulator.
At a glance
Project
- Name12 PEGASUS
- TypeOthers
- Location
- Ramkrishna Paramhans Marg
- Gandhi Nagar
- H/E ward BANDRA EAST
- Bandra
- Andheri
- Mumbai Suburban
- 400051
- Pincode400051
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800054031
- ReraGenie IDRG-MH-07129
Builder
- NameJayant Enterprises S N Project
- Entity typePartnership
- GSTIN27AAFFJ6037K1Z4
- PartnersAmith Chandulal Punjabi, SHAILENDRA ASHUTOSH ABHYANKAR, Jitendra Ashokkumar Dhariwal, Abhishek Ashutosh Abhyankar, Jayantilal Bhanwarlal Lunkad, Kiran Ravindra Samant
- Declared earlier projects1 →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on19 Dec 2023
- Promised completion31 Dec 2028
- Revised completionNone
- Buildings2 building records
- Documents filed168 files
Current status
Figures as on 28 Apr 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Composite Building No 1 | NA | 26 | 22 | 250 | 58 | 308 |
| Sale Building no 2 | NA | 24 | 21 | 0 | 231 | 231 |
The full filing
Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.
Construction progress by building2
As on 28 Apr 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
8 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Slabs of Super Structure, at 92%.
Composite Building No 165%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 92% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 92% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 92% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 40% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 0% |
Sale Building no 253%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 73% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 40% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 73% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 0% |
Progress on shared amenities15
As on 28 Apr 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | Yes | 5% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 50% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | No | Not applicable |
| Community Buildings | Yes | 0% |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 0% |
Parking filed247
Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.
| Building | Closed/Covered | Total |
|---|---|---|
| Composite Building No 1 | 23 | 23 |
| Sale Building no 2 | 224 | 224 |
Land and ownership
Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.
Approvals and building plan
Project account and cost
70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| Sale Building no 2 | NA | Rs 65.95 cr | Rs 40.24 cr |
| - | NA | Rs 46.94 cr | Rs 3.04 cr |
| Composite Building No 1 | NA | Rs 43.58 cr | Rs 32.41 cr |
Certifying professionals and partners5
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Manishkumar V. Bagsariya |
| Engineer | Mr. Chetan P Tambewagh |
| Chartered Accountant | R A N K & Associates |
| Chartered Accountant | RANK & Associates |
| Chartered Accountant | D. Kothary & Co. |
| Partner | Role in project |
|---|---|
| Jayant Enterprises S N Project | - |
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| SM12600114 | Bhakti Achrekar | Jayant Enterprises S N Project | 06/02/2026 |
The permission chain
The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 21 Nov 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 27 May 2024 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 8 Dec 2025 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 3 May 2025Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot due yet
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
possession is promised for 31 Dec 2028
Documents filed168
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 168 are shown. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Withdrawal Update Form 1File: 12 Pegasus Form1 Q4 FY 25-26.pdf | 28 Apr 2026 |
| Withdrawal Update Form 2File: 12 PEGASUS-FY-2025-26-FORM-2-Q4.pdf | 28 Apr 2026 |
| Withdrawal Update Form 3File: Signed 12 Pegasus Form 3 Q4 FY - 25-26_compress.pdf | 28 Apr 2026 |
| Withdrawal Update Form 1File: Signed 12 PEGASUS-FY-2025-26-FORM-1-Q3.pdf | 16 Feb 2026 |
| Withdrawal Update Form 2File: Signed 12 PEGASUS-FY-2025-26-FORM-2-Q3.pdf | 16 Feb 2026 |
| Withdrawal Update Form 3File: Signed 12 PEGASUS-FY-2025-26-FORM-3-Q3.pdf | 16 Feb 2026 |
| Building plan approvalFile: Sale Bldg No 2 Amended IOA Plan 22 04 2025 _compressed Sales-1-3.pdf | 8 Dec 2025 |
| Building plan approvalFile: Sale Bldg No 2 Amended IOA Plan 22 04 2025 _compressed Sales-4-6.pdf | 8 Dec 2025 |
| Building plan approvalFile: Sale Bldg No 2 Amended IOA Plan 22 04 2025 _compressed Sales-7-8.pdf | 8 Dec 2025 |
| Building plan approvalFile: Sale Bldg No 2 Amended IOA Plan 22 04 2025 _compressed Sales-9.pdf | 8 Dec 2025 |
| Building plan approvalFile: Sale Bldg No 2 Amended IOA Plan 22 04 2025 _compressed Sales-10-11.pdf | 8 Dec 2025 |
| Building plan approvalFile: Ammended IOA Rehab Composit Bldg 27 03 2025_compressed-1-3.pdf | 8 Dec 2025 |
| Building plan approvalFile: Ammended IOA Rehab Composit Bldg 27 03 2025_compressed-4-5.pdf | 8 Dec 2025 |
| Building plan approvalFile: Ammended IOA Rehab Composit Bldg 27 03 2025_compressed-6-7.pdf | 8 Dec 2025 |
| Building plan approvalFile: Ammended IOA Rehab Composit Bldg 27 03 2025_compressed-8-9.pdf | 8 Dec 2025 |
| Building plan approvalFile: Ammended IOA Rehab Composit Bldg 27 03 2025_compressed-10-11.pdf | 8 Dec 2025 |
| Building plan approvalFile: Ammended IOA Rehab Composit Bldg 27 03 2025_compressed-12-13.pdf | 8 Dec 2025 |
| Building plan approvalFile: Ammended IOA Rehab Composit Bldg 27 03 2025_compressed-14-15.pdf | 8 Dec 2025 |
| Withdrawal Update Form 1File: 12 PEGASUS-FY-2025-26-FORM-1-Q2 (1).pdf | 4 Dec 2025 |
| Withdrawal Update Form 2File: 12 PEGASUS-FY-2025-26-FORM-2-Q2.pdf | 4 Dec 2025 |
| Withdrawal Update Form 3File: Sign of Form 3 Certificate_12 Pegasus_Q2 sep 25.pdf | 4 Dec 2025 |
| Form 5 (FY 2024-2025)File: JAYANT ENTERPRISES SN PROJECT FORM 5-2024-25 (1).pdf | 19 Nov 2025 |
| Withdrawal Update Form 1File: 12 Pegasus Q1- FORM-2.pdf | 1 Oct 2025 |
| Withdrawal Update Form 1File: Signed form 1 Jayant RERA Certifcate DT 22 09 2025.pdf | 1 Oct 2025 |
| Withdrawal Update Form 2File: FORM-2-Engineer Certificate.pdf | 1 Oct 2025 |
| Withdrawal Update Form 2File: 12 Pegasus Q1- FORM-2.pdf | 1 Oct 2025 |
| Withdrawal Update Form 3File: Signed 12 pegasus Q1Withdrawal Application Form3.pdf | 1 Oct 2025 |
| Withdrawal Update Form 3File: Signed 12 pegasus Q1Withdrawal Application Form3.pdf | 1 Oct 2025 |
| Form 1File: 12 PEGASUS-FORM-1-Q4.pdf | 14 May 2025 |
| Form 2File: 12 PEGASUS-FORM-2-Q4.pdf | 14 May 2025 |
| Disclosure of Sold and Booked InventoryFile: DOS_11zon.pdf | 14 May 2025 |
| Form 3File: Form 3_12 Pegasus_Q4 - Final_compressed.pdf | 14 May 2025 |
| Commencement Certificates / NA Order for plotted developmentFile: CC Sale Bldg no 2 dated 22-04-2025.pdf | 3 May 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 12 PEGASUS-FORM-1-Q4.pdf | 2 May 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_12 Pegasus_Q4 - Final_compressed.pdf | 2 May 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 12 PEGASUS-FORM-2-Q4.pdf | 2 May 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_Jayant Enterprises-compressed.pdf | 15 Mar 2025 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Format A_Declaration About Seperate Account.pdf | 15 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_Jayant Enterprises as on 31122024 Signed.pdf | 3 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 12 PEGASUS-FORM-2-Q3 (1).pdf | 1 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 12 PEGASUS-FORM-1-Q3.pdf | 28 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 12 PEGASUS-FORM-2-Q3.pdf | 27 Jan 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: JAYANT ENTERPRISES SN PROJECT FORM 5-2023-24.pdf | 2 Dec 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- 12 Pegasus.pdf | 18 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_12 Pegasus_Q2 FY 23-24_compressed.pdf | 18 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_12 Pegasus_Q2 FY 23-24_compressed.pdf | 18 Nov 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- 12 Pegasus.pdf | 18 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1- 12 Pegasus.pdf | 14 Nov 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A_FY 23-24_12 Pegasus.pdf | 2 Aug 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Self Declaration_not obliged for quarterly update.pdf | 20 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Self Declaration_not obliged for quarterly update.pdf | 20 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Self Declaration_not obliged for quarterly update.pdf | 20 Jul 2024 |
| Building plan approvalFile: Pg 1 and 2 of 9_11zon (1).pdf | 28 May 2024 |
| Building plan approvalFile: Pg 3 and 4 of 9.pdf | 28 May 2024 |
| Building plan approvalFile: Pg 5 and 6 of 9.pdf | 28 May 2024 |
| Building plan approvalFile: Pg 7 8 and 9 of 9.pdf | 28 May 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Pg 1 and 2 of 9_11zon (1).pdf | 28 May 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Pg 3 and 4 of 9.pdf | 28 May 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Pg 5 and 6 of 9.pdf | 28 May 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Pg 7 8 and 9 of 9.pdf | 28 May 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: 2nd CC Sale Bldg 08052024.pdf | 28 May 2024 |
| Layout approvalFile: Ammended IOA Composit Bldg 1 of 12_11zon (3).pdf | 27 May 2024 |
| Building plan approvalFile: Ammended IOA Composit Bldg 1 of 12_11zon (2).pdf | 27 May 2024 |
| Building plan approvalFile: Ammended IOA Composit Bldg 2 of 12_11zon.pdf | 27 May 2024 |
| Building plan approvalFile: Ammended IOA Composit Bldg 3 of 12_11zon.pdf | 27 May 2024 |
| Building plan approvalFile: Ammended IOA Composit Bldg 4 of 12_11zon.pdf | 27 May 2024 |
| Building plan approvalFile: Ammended IOA Composit Bldg 5 of 12_11zon.pdf | 27 May 2024 |
| Building plan approvalFile: Ammended IOA Composit Bldg 6 of 12_11zon (1).pdf | 27 May 2024 |
| Building plan approvalFile: Ammended IOA Composit Bldg 7 of 12_11zon.pdf | 27 May 2024 |
| Building plan approvalFile: Ammended IOA Composit Bldg 8 of 12_11zon.pdf | 27 May 2024 |
| Building plan approvalFile: Ammended IOA Composit Bldg 10 of 12_11zon.pdf | 27 May 2024 |
| Building plan approvalFile: Ammended IOA Composit Bldg 11 of 12_11zon.pdf | 27 May 2024 |
| Building plan approvalFile: Ammended IOA Composit Bldg 12 of 12_11zon (1).pdf | 27 May 2024 |
| Copy of Layout Approval (in case of layout)File: Ammended IOA Composit Bldg 1 of 12_11zon (3).pdf | 27 May 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Ammended IOA Composit Bldg 1 of 12_11zon (2).pdf | 27 May 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Ammended IOA Composit Bldg 2 of 12_11zon.pdf | 27 May 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Ammended IOA Composit Bldg 3 of 12_11zon.pdf | 27 May 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Ammended IOA Composit Bldg 4 of 12_11zon.pdf | 27 May 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Ammended IOA Composit Bldg 5 of 12_11zon.pdf | 27 May 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Ammended IOA Composit Bldg 6 of 12_11zon (1).pdf | 27 May 2024 |
Promoter's earlier projects1
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Flats | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|---|
| Sky CrestP51800003517 | Malad West, Mumbai Suburban | 49 | Aug 2017 | Ongoing | Jul 2022Registered original: Jan 2021 | Jul 2022 |
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Buyer report
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- 1 condition on this project's record read and explained, with the clear checks alongside
- Joined against every project registered within 2 km, which the RERA portal never shows together
- All 168 filed documents as one ZIP, foldered, with a manifest
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Project watch
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Builder: Jayant Enterprises S N Project
Jayant Enterprises S N Project has 1 registration on MahaRERA, including 12 PEGASUS. Its filings disclose 1 earlier MahaRERA project: declares 1 of 1 past projects completed on time. Read the full track record. See more projects on the Mumbai Suburban district page.
Frequently asked questions
What are my rights if 12 PEGASUS is delayed beyond 31 Dec 2028?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.
How do I verify and contact the developer of 12 PEGASUS?
The registered promoter entity is Jayant Enterprises S N Project, a partnership as per the filing. Its GSTIN 27AAFFJ6037K1Z4 can be cross-checked on the MCA and GST portals. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.
Is my payment protected in 12 PEGASUS?
Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.
How do I read the complaint cases filed against 12 PEGASUS?
Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.
How current is the construction progress shown for 12 PEGASUS?
Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.
Who certifies construction progress at 12 PEGASUS?
The professionals named in the filing: Architect: Manishkumar V. Bagsariya; Engineer: Mr. Chetan P Tambewagh; Chartered Accountant: R A N K & Associates; Chartered Accountant: RANK & Associates; Chartered Accountant: D. Kothary & Co.. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.
What should I check before booking in 12 PEGASUS?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.
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