Home / Browse projects / Pune, Maharashtra / 28 Pearls
28 Pearls
RG-MH-70315 · RERA P52100046943 · Last updated on MahaRERA portal: 21 Apr 2025
Source: official MahaRERA filing
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Red flags
- Registration lapsed
- Possession 22 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 8 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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28 Pearls is a Residential / Group Housing project by BHAKTI BUILDERS in Pune, Maharashtra, registered with MahaRERA as P52100046943 on 26 Sep 2022. Possession was promised by 31 Dec 2024 and is now 22 months past that date.
At a glance
Project
- Name28 Pearls
- TypeResidential / Group Housing
- Location
- Near Pjog High school
- Sundarshan nagar
- Chinchwad
- Pimpri Chinchawad (M Corp.)
- Haveli
- Pune
- 411033
- Pincode411033
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100046943
- ReraGenie IDRG-MH-70315
Key dates
Key facts
Registration and timeline
- StatusRegistration lapsed
- Registered on26 Sep 2022
- Promised completion31 Dec 2024
- Revised completionNone
- Buildings1 building record
- Documents filed87 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| 28 Pearls | NA | 8 | 0 | 0 | 0 | 0 |
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 21 Apr 2025, 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 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.
28 Pearls: 73% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| 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. | 0% |
Progress on shared amenities15
As on 21 Apr 2025, 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 | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | No | Not applicable |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| 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 | No | Not applicable |
Parking filed55
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.
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.
| Landowner | Village | District |
|---|---|---|
| Ashoka Apartment | Pimpri Chinchawad (M Corp.) | Pune |
| Nisarg Apartment | Pimpri Chinchawad (M Corp.) | Pune |
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.
Certifying professionals and partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | I.P. ASSOCIATES |
| Engineer | Ganesh Dakh |
| Chartered Accountant | Snehal Karwa |
| Partner | Role in project |
|---|---|
| BHAKTI BUILDERS | - |
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.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 6 Sep 2022 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 8 Feb 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 Feb 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 8 Feb 2024Confirm the Commencement Certificate covers the specific floor you are buying. - 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 29 Jan 2025
Documents filed87
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 87 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 |
|---|---|
| Disclosure of sold/ booked inventoryFile: Sold Circular.pdf | 21 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form-1.pdf | 20 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 CA Signed Final_compressed.pdf | 20 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form-2-28 Pearls Final.pdf | 20 Apr 2025 |
| Architect’s Certificate on Completion of Project (Form 4)File: Form-4.pdf | 30 Jan 2025 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Completion Certificate.pdf | 29 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: Sold Circular.pdf | 20 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form-1.pdf | 19 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 19 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form-2.pdf | 19 Jan 2025 |
| CERSAI detailsFile: Final CERSAI.pdf | 13 Jan 2025 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Format A.pdf | 13 Jan 2025 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of Interest Yash Sir (1).pdf | 13 Jan 2025 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of Interest Sangita Mam (1).pdf | 13 Jan 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5 28 Pearls FY 22-23.pdf | 27 Dec 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5 28 Perals FY 23-24.pdf | 27 Dec 2024 |
| Declaration in FORM BFile: Scan Affidavit Format B-28 Pearls_0001.pdf | 19 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form1-28 Pearls-300924_0001.pdf | 19 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3 (Q2 24-25)-28 Pearl.pdf | 19 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Final Form2-28 pearls-300924_0001.pdf | 19 Oct 2024 |
| Disclosure of sold/ booked inventoryFile: 28 Pearls-Sc-300924_0001.pdf | 19 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Final Form 1.pdf | 20 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Final Form 2.pdf | 20 Jul 2024 |
| Disclosure of sold/ booked inventoryFile: 28P Sold Circular.pdf | 20 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 PS signed 28 Pearls_compressed.pdf | 20 Jul 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: BHAKTI BUILDERS 28 PEARLS ENGINEERS FOR QUALITY 31-03-2024Scan_0001.pdf | 7 Jun 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Final Form 1.pdf | 4 Jun 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Final Form 1.pdf | 4 Jun 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Final Form 1.pdf | 4 Jun 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Final Form 1.pdf | 4 Jun 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Final Form 1.pdf | 4 Jun 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Final Form 1.pdf | 4 Jun 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Final Form 1.pdf | 4 Jun 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Final Form 2.pdf | 4 Jun 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Final Form 2.pdf | 4 Jun 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Final Form 2.pdf | 4 Jun 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Final Form 2.pdf | 4 Jun 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Final Form 2.pdf | 4 Jun 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Final Form 2.pdf | 4 Jun 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Final Form 2.pdf | 4 Jun 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A 28 Pearls 31-03-23.pdf | 4 Jun 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Circular Q-2- 22-23.pdf | 4 Jun 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Circular Q-3- 22-23.pdf | 4 Jun 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Circular Q-4- 22-23.pdf | 4 Jun 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Circular Q-1- 23-24.pdf | 4 Jun 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Circular Q-2- 23-24.pdf | 4 Jun 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Circular Q-3- 23-24.pdf | 4 Jun 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Circular Q-4- 23-24.pdf | 4 Jun 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3 (Q2 22-23)_11zon.pdf | 4 Jun 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3 Q3 22-23_11zon.pdf | 4 Jun 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3 (Q4 22-23)_11zon.pdf | 4 Jun 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3 (Q1 FY 23-24)_11zon.pdf | 4 Jun 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3 (Q2 23-24)_11zon.pdf | 4 Jun 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3 (Q3 23-24)_11zon.pdf | 4 Jun 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3 (Q4 23-24)_11zon.pdf | 4 Jun 2024 |
| Layout approvalFile: 1_compressed.pdf | 8 Feb 2024 |
| Building plan approvalFile: 2_compressed.pdf | 8 Feb 2024 |
| Building plan approvalFile: 3_compressed.pdf | 8 Feb 2024 |
| Building plan approvalFile: 4_compressed.pdf | 8 Feb 2024 |
| Copy of Layout Approval (in case of layout)File: 1_compressed.pdf | 8 Feb 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: 2_compressed.pdf | 8 Feb 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: 3_compressed.pdf | 8 Feb 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: 4_compressed.pdf | 8 Feb 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: 20240127010230.pdf | 8 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 28 Pearls.pdf | 22 Jul 2023 |
| Deviation Report with respect to model copy of AgreementFile: Declaration.pdf | 14 Sep 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA certificate 28 Pearls_compressed.pdf | 13 Sep 2022 |
| Deviation Report with respect to model copy of AgreementFile: Agreement to Sale.pdf | 13 Sep 2022 |
| Copy of the legal title reportFile: Ashoka Search AND Title Report.pdf | 6 Sep 2022 |
| Copy of the legal title reportFile: Nisarg Search AND title report.pdf | 6 Sep 2022 |
| Copy of the legal title reportFile: Flow chart.pdf | 6 Sep 2022 |
| Proforma of Allotment letterFile: Allotment Letter.pdf | 6 Sep 2022 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Declaration of bank account.pdf | 6 Sep 2022 |
| Deviation Report with respect to Allotment letterFile: Allotment Letter Format - Deviation.pdf | 6 Sep 2022 |
| Layout approvalFile: Plan copy 1 - 28 Pearls.pdf | 27 Aug 2022 |
| Building plan approvalFile: Floor plan - 28 pearls.pdf | 27 Aug 2022 |
| PAN CardFile: Bhakti Builders Pan Card-.pdf | 27 Aug 2022 |
| Copy of the legal title reportFile: Legal Title Report.pdf | 27 Aug 2022 |
| Details of encumbrances concerned to FinanceFile: Self declaration regarding financial encumbrance s.pdf | 27 Aug 2022 |
| Details of encumbrances concerned to LegalFile: Self declaration regarding legal encumbrance.pdf | 27 Aug 2022 |
Promoter's earlier projects8
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 | Status | Promised | Delivered |
|---|---|---|---|---|---|
| Harmony Homes | Akurdi | 1 | Completed | Mar 2022 | Apr 2021 |
| Arihant Heights | Mohannagar | 1 | Completed | Dec 2019 | Oct 2019 |
| Anand Heritage | Jeevan nagar Chinchwad | 1 | Completed | Sep 2017 | Jul 2017 |
| High Bliss | Akurdi | 1 | Completed | Dec 2014 | Jun 2014 |
| Sangam Heritage | Bhoir Colony Chinchwad | 1 | Completed | Dec 2012 | Oct 2012 |
| Atharva Heritage | Chinchwad | 1 | Completed | Feb 2012 | Jan 2012 |
| Heramb Heights | Tanajinagar | 1 | Completed | Dec 2011 | Nov 2011 |
| Prime Villa | Pradikaran | 1 | Completed | Jan 2011 | Jan 2011 |
Comparing a few projects?
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How this compares with Pune
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.
Buyer report
Built from this project's filings on the day you order, in plain language.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 6 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 87 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
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Builder: BHAKTI BUILDERS
BHAKTI BUILDERS has 7 registrations on MahaRERA, including Alok Heritage and ELYSIA TOWERS. Its filings disclose 8 earlier MahaRERA projects: declares 8 of 8 past projects completed on time. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What does it mean that 28 Pearls 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 28 Pearls is delayed beyond 31 Dec 2024?
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 28 Pearls?
The registered promoter entity is BHAKTI BUILDERS, 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 28 Pearls?
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 28 Pearls?
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 28 Pearls?
The professionals named in the filing: Architect: I.P. ASSOCIATES; Engineer: Ganesh Dakh; Chartered Accountant: Snehal Karwa. 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 28 Pearls?
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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