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Registration lapsed No litigation declared Residential / Group Housing project

24K World Residences

By KOLTE-PATIL DEVELOPERS LIMITED

RG-MH-20916 · RERA P52100007679 · Last updated on MahaRERA portal: 20 Jan 2022

Source: official MahaRERA filing

Red flags

  • Registration lapsed
  • Possession 64 months past the filed date

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form
  • All 13 earlier projects delivered on promise

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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Jun 2021Possession promised64 months past this date
4 of 11Construction stages donefurthest along: Slabs of Super Structure, 94%
0Complaints at MahaRERAon this registration
Jump to the 27 documents Report an error

24K World Residences is a Residential / Group Housing project by KOLTE-PATIL DEVELOPERS LIMITED in Pune, Maharashtra, registered with MahaRERA as P52100007679 on 17 Aug 2017. Possession was promised by 30 Jun 2021 and is now 64 months past that date.

At a glance

Project

  • Name24K World Residences
  • TypeResidential / Group Housing
  • Location
    • LOHGAON
    • Haveli
    • Pune
    • 411014
  • Pincode411014
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100007679
  • ReraGenie IDRG-MH-20916

Builder

  • NameKOLTE-PATIL DEVELOPERS LIMITED
  • Entity typeCompany
  • CINL45200PN1991PLC129428
  • GSTIN27AAACK7310G1ZT
  • CIN and GSTIN are from this promoter's other MahaRERA registrations. This project's own filing does not repeat them.
  • Joint Managing DirectorYashvardhan Rajesh Patil
  • Executive DirectorMilind Digambar Kolte
  • Other registrations63 more →
  • Completed14 of 64
  • No longer live10 lapsed, de-registered or revoked
  • Declared earlier projects14 →

Key dates

64 months past promisethis monthRegisteredAug 2017PromisedJun 2021

Key facts

Registration and timeline

  • StatusRegistration lapsed
  • Registered on17 Aug 2017
  • Promised completion30 Jun 2021
  • Revised completionNone
  • Buildings1 building record
  • Documents filed27 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
ANA190000

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 20 Jan 2022, 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.

4 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 94%.

A: 56% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor0%
Slabs of Super Structure94%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises39%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks79%
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.9%

Progress on shared amenities15

As on 20 Jan 2022, 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 & FootpathsYes50%
Water SupplyYes33%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes50%
Storm Water DrainsYes50%
Landscaping & Tree PlantingYes0%
Street LightingYes33%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes33%
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes25%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes33%
Electrical meter room, sub-station, receiving stationYes90%
Aggregate area of recreational Open SpaceYes0%
Open ParkingNoNot applicable

Parking filed76

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 slots76
Closed/Covered76

Land and ownership

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

Land area5,753 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI5779.12
Proposed, not sanctioned5,679 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 branch132 Fort Eliza Diagonally Opp Marieplex Multiplex Kalyani Nagar Pune 411014

Certifying professionals and partners2

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

RoleName
ArchitectVikas Achalkar
EngineerSammer Valimbe
PartnerRole in project
KOLTE-PATIL DEVELOPERS LIMITED-

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 30 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 30 Jul 2017
  4. Commencement CertificateOn the file

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

    uploaded 30 Jul 2017Confirm the Commencement Certificate covers the specific floor you are buying.
  5. Occupancy CertificateNot on 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.

Documents filed27

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
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Certificate 24K Worls Residences.pdf20 Jan 2022
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: RERA CERTIFICATE A BLDG GIGA 2022 01 06_compressed.pdf18 Jan 2022
CERSAI detailsFile: KPDL Merge File-compressed.pdf7 Jan 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: 11501 RERA Certificate 24K World residences.pdf29 Sep 2021
Declaration about Commencement CertificateFile: commencement declaration.pdf15 Jul 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A - 24K world residences.pdf15 Jul 2021
Disclosure of sold/ booked inventoryFile: inventory declaration.pdf15 Jul 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Signed Certificate 24K World Residencies March 19.pdf15 Jul 2021
Details of encumbrancesFile: Update encumbrance _24K WR.pdf6 Jul 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: 11501 RERA Certificate 24K World residences.pdf30 Sep 2020
Certificates of CA (Form 5)File: Signed Certificate 24K World Residencies March 19.pdf29 Sep 2019
Proforma of Allotment letterFile: Revised Allotment Letter and Application Letter 24K World Residencies.pdf16 Oct 2018
Declaration in FORM BFile: Revised Allotment Letter and Application Letter.pdf10 Oct 2018
Certificates of CA (Form 5)File: Form 5_24K World Residencies_FY 2017-18.pdf28 Sep 2018
Copy of the legal title reportFile: Search and Title Certificate.pdf31 Jul 2017
Declaration in FORM BFile: Affidavit cum Declaration.pdf31 Jul 2017
Certificates of CA (Form 3)File: CA Certificate-24K World Residency.pdf31 Jul 2017
Proforma of Allotment letterFile: Allotment letter and agreement-residential.pdf31 Jul 2017
Layout approvalFile: LAYOUT.pdf30 Jul 2017
Building plan approvalFile: LAYOUT.pdf30 Jul 2017
PAN CardFile: PAN KPDL.pdf30 Jul 2017
Details of encumbrancesFile: Details Of Encumbrances.pdf30 Jul 2017
Copy of Layout Approval (in case of layout)File: LAYOUT.pdf30 Jul 2017
Building Plan Approval (IOD)File: LAYOUT.pdf30 Jul 2017
Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf30 Jul 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate residential.pdf30 Jul 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Certificate_24K World Residences A bldg.pdf30 Jul 2017

Promoter's earlier projects13

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.

13 delivered on promise
ProjectLocationFlatsRegisteredStatusPromisedDelivered
EVARAP51800026949Borivali, Mumbai Suburban-Nov 2020CompletedOct 2024Oct 2024
24K Stargaze - J BuildingP52100027791Bavdhan, Pune-Jan 2021CompletedJun 2024Jun 2024
Western AvenueP52100000917Wakad, Pune-Jul 2017CompletedDec 2023Registered original: Dec 2022Jan 2023
24K StargazeP52100018473Bavdhan, Pune-Nov 2018CompletedMar 2023Mar 2023
Redevelopment of Jai Vijay CHSL - Phase IP51800004446Vile-Parle (East), Mumbai Suburban-Aug 2017CompletedSep 2022Registered original: Sep 2019Sep 2022
24K ATRIAP52100000428Vishal Nagar, Pimple Nilakh, Pune-Jul 2017CompletedDec 2021Dec 2021
STARGAZEP52100009722Bavadhan BK, Pune-Aug 2017CompletedDec 2018Dec 2018
Ivy Estate Umang PremierP52100000655WAGHOLI, Pune-Jul 2017CompletedSep 2018Sep 2018
GLITTERATIP52100006257Pimpri Chinchawad (M Corp.), Pune-Aug 2017CompletedJun 2018Jun 2018
GLITTERATI IIP52100000319Pimpri Chinchawad (M Corp.), Pune-Jul 2017CompletedApr 2018Registered original: Dec 2017Apr 2018
Redevelopment of Link Palace Premises Co-Op Soc. Ltd. Phase IP51800008272Andheri, Mumbai Suburban-Aug 2017CompletedMar 2018Registered original: Dec 2017Mar 2018
GlitteratiPimple Nilakh Pune - 411014187-CompletedApr 2016Apr 2016
City BayDhole-Patil road Pune-41100127-CompletedApr 2014Apr 2014

How this compares with Pune

26%of Pune projects moved their completion datethis one has not
26%of Pune registrations have lapsed or been cancelledthis one is among them

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 LOHGAON13,700+ in Pune

2 km24K World ResidencesCompleted 37Lapsed / revoked 14Other 34Dot size: filed unitsN

Filed coordinates, straight-line distance. 85 registered projects within 2 km.

Builder: KOLTE-PATIL DEVELOPERS LIMITED

KOLTE-PATIL DEVELOPERS LIMITED has 64 registrations on MahaRERA, including 24K OPULA and 24K ATRIA. Its filings disclose 14 earlier MahaRERA projects: declares 13 of 14 past projects completed on time. Litigation is declared on 14 of its registrations. Read the full track record. See more projects on the Pune district page.

Frequently asked questions

What does it mean that 24K World Residences shows as registration lapsed on MahaRERA?

A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.

What are my rights if 24K World Residences is delayed beyond 30 Jun 2021?

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 24K World Residences?

The registered promoter entity is KOLTE-PATIL DEVELOPERS LIMITED, a company as per the filing. Its CIN L45200PN1991PLC129428 and GSTIN 27AAACK7310G1ZT 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 24K World Residences?

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 24K World Residences?

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 24K World Residences?

The professionals named in the filing: Architect: Vikas Achalkar; Engineer: Sammer Valimbe. 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 24K World Residences?

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.

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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