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Completed No litigation declared Commercial project

18 Latitude Commercial

By G D Square Developer

RG-MH-24089 · RERA P52100008782 · Last updated on MahaRERA portal: 19 May 2024

Source: official MahaRERA filing

Red flags

  • Completion date moved by 55 months
  • 3 extensions taken

Clear

  • No litigation declared
  • No complaints on record
  • Separate project account declared
  • Allotment letter follows the model form
  • Recorded completed on MahaRERA

2 conditions are 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.

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Dec 2023Possession promisedregistration recorded completed
9 of 11Construction stages donefurthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 42 documents Report an error

18 Latitude Commercial is a Commercial project by G D Square Developer in Pune, Maharashtra, registered with MahaRERA as P52100008782 on 19 Aug 2017. The registration is recorded completed; possession was promised by 31 Dec 2023. The completion date has moved by 55 months from the original filing.

At a glance

Project

  • Name18 Latitude Commercial
  • TypeCommercial
  • Location
    • Punawale
    • Mulshi
    • Pune
    • 411033
  • Pincode411033
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100008782
  • ReraGenie IDRG-MH-24089

Builder

  • NameG D Square Developer
  • Entity typePartnership
  • PartnersVidesh Kantilal Desalda, Vikas Suwalal Desalda

Key dates

this monthRegisteredAug 2017First promiseMay 2019Revised toDec 2023Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on19 Aug 2017
  • Promised completion31 Dec 2023
  • Revised completionRevised to 31 Dec 2023 (originally 31 May 2019)
  • Buildings1 building record
  • Documents filed42 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
18 Latitude CommericalNA80000

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 building1

As on 19 May 2024, 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.

9 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.

18 Latitude Commerical: 82% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor0%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.100%
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.100%

Progress on shared amenities15

As on 19 May 2024, 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 facilityProposedProgress
Internal Roads & FootpathsNoNot applicable
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes100%
Street LightingYes100%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes100%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceYes100%
Open ParkingNoNot applicable

Parking filed70

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.

Total parking slots70
Closed/Covered70

Land and ownership2

MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area8,400 sq m
Land owned byThe promoter, with other names on the file
Named landowners2
LandownerVillageDistrict
Mala Dhananjay BudukhChinchwadPune
Kanchan Dhananjay BudukhChinchwadPune

Approvals and building plan

Permissible FSI8741.61
Proposed, not sanctioned3,562 sq m
Buildings approved1
Buildings sanctioned1

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.

Separate project accountDeclared
Bank branchBaner Pune 45

Certifying professionals and partners2

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectAnupama Vasant Tapkir
EngineerDhairsheel Khaire Patil
PartnerRole in project
G D Square Developer-

Extensions applied for3

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EXT52100001684May 2019 → May 2020

Reason as filed by the promoterAS PER LETTER ATTACHED

EXT52100008558May 2019 → Apr 2021

Reason as filed by the promoterApplication for Extension of Project completion date under section 7(3) of the Real Estate (Regulation and Development) Act, 2016, read with MahaRERA Order No: 07 /2019 Dated 08 th February 2019. With NOC of Association of allottees where majority (31/59 = 52.54%) of allottees have provided their acceptance for the above application of extension.

EXT52100010970May 2019 → Dec 2023

Reason as filed by the promoterDue to pandemic Covid 19 Second wave situation badly hit across the Pune. During that period materials supply & labor shortage had major issue.

Complaints filed with MahaRERA

No complaints on record against this registration.

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.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 31 Jul 2017
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 31 Jul 2017
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 3 Aug 2021
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 11 Sep 2021Confirm the Commencement Certificate covers the specific floor you are buying.
  5. Occupancy CertificateOn the file

    The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.

    uploaded 7 Jul 2022

Documents filed42

As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. 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.

DocumentUploaded
Status of ConveyanceFile: 18 Latitude Commerical.pdf19 May 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: completion certificate.pdf7 Jul 2022
Architect’s Certificate on Completion of Project (Form 4)File: FORM 4.pdf7 Jul 2022
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 18 LATITUDE COMMERCIAL.pdf2 May 2022
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: FROM 1 18 LATITUDE COMMERICAL.pdf2 Feb 2022
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM 2.pdf23 Nov 2021
Certificates of CA (Form 3)File: FORM 3.pdf23 Nov 2021
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1.pdf19 Oct 2021
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: G D Square Developers Form 2 30-06-21.pdf7 Oct 2021
Certificates of CA (Form 3)File: Form 3 CA Certificate_compressed.pdf7 Oct 2021
Commencement Certificates / NA Order for plotted developmentFile: CC.pdf11 Sep 2021
Commencement Certificates / NA Order for plotted developmentFile: NA_.pdf7 Sep 2021
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1.pdf7 Sep 2021
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: FORM 1.pdf7 Sep 2021
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form-2 G D Square Developers.pdf7 Sep 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2 A (19-20).pdf6 Sep 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: form 2 A (20-21).pdf6 Sep 2021
Disclosure of sold/ booked inventoryFile: 18 Latitude Commercial Sold - unsold unit_.pdf6 Sep 2021
Certificates of CA (Form 3)File: 18 LATITUDE COMMERCIAL.pdf6 Sep 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: 181 Latitude Commerical.pdf6 Sep 2021
Declaration about Commencement CertificateFile: DECLARATION ABOUT COMMENCEMENT CERTIFICATE.pdf5 Sep 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: FORM 5 G D SQUARE DEVELOPERS 19-20 COMMERCIAL.pdf5 Sep 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: FORM 5 G D SQUARE DEVELOPERS 20-21 COMMERCIAL.pdf5 Sep 2021
Building plan approvalFile: 18 Latitude Commercial.pdf3 Aug 2021
Building Plan Approval (IOD)File: 18 Latitude Commercial.pdf3 Aug 2021
Certificates of CA (Form 5)File: AUDIT.pdf27 Sep 2019
Certificates of CA (Form 5)File: RERA 10 GD COMME.pdf30 Sep 2018
Building plan approvalFile: Commercail Layout2.pdf31 Jul 2017
Layout approvalFile: Commercail Layout1.pdf31 Jul 2017
PAN CardFile: GD PAN.pdf31 Jul 2017
Copy of the legal title reportFile: Commercail Search.pdf31 Jul 2017
Details of encumbrancesFile: 18 Latitude Emcumbrance.pdf31 Jul 2017
Copy of Layout Approval (in case of layout)File: Commercail Layout1.pdf31 Jul 2017
Building Plan Approval (IOD)File: Commercail Layout2.pdf31 Jul 2017
Commencement Certificates / NA Order for plotted developmentFile: Commercial C C.pdf31 Jul 2017
Declaration in FORM BFile: From B.pdf31 Jul 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Commercial Architect Certificate.pdf31 Jul 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engg_Certificate_Commercail.pdf31 Jul 2017
Certificates of CA (Form 3)File: CA_Commercial.pdf31 Jul 2017
Proforma of Allotment letterFile: Performa_18Lati_commercial_final.pdf31 Jul 2017
Proforma of Allotment letterFile: Commercail Allotment Letter.pdf31 Jul 2017
OtherFile: Commercial_NA.pdf31 Jul 2017

How this compares with Pune

26%of Pune projects moved their completion datethis one moved by 55 months
26%of Pune registrations have lapsed or been cancelledthis one is completed

Computed across the 13,700+ Pune projects on ReraGenie, from their own filings.

Free monthly report: Pune on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.

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How alerts work

Other projects near Punawale13,700+ in Pune

2 km18 Latitude CommercialCompleted 66Lapsed / revoked 23Other 75Dot size: filed unitsN

Filed coordinates, straight-line distance. 164 registered projects within 2 km.

Builder: G D Square Developer

G D Square Developer has 1 registration on MahaRERA, including 18 Latitude Commercial. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Pune district page.

Frequently asked questions

What are my rights if 18 Latitude Commercial is delayed beyond 31 Dec 2023?

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 18 Latitude Commercial?

The registered promoter entity is G D Square Developer, a partnership as per the filing. Neither this filing nor this promoter's other MahaRERA registrations disclose a CIN, LLPIN or GSTIN for this entity. 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 18 Latitude Commercial?

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 current is the construction progress shown for 18 Latitude Commercial?

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 18 Latitude Commercial?

The professionals named in the filing: Architect: Anupama Vasant Tapkir; Engineer: Dhairsheel Khaire Patil. 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 18 Latitude Commercial?

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; why the completion date was revised and what the new timeline depends on. The Rs 499 buyer report works through all of them from the filings.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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