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Registered Litigation declared Residential / Group Housing project

31 Palma Drive Phase 1

By Sagar Construction Company

RG-MH-59905 · RERA PR1260002501224 · Last updated on MahaRERA portal: 14 May 2026

Source: official MahaRERA filing

Red flags

  • Litigation declared, 2 cases

Clear

  • No complaints on record
  • Completion date never moved
  • No encumbrance on the project land
  • Separate project account declared
  • Allotment letter follows the model form

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.

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Jun 2029Possession promisedno revision filed
2 of 20Construction stages doneacross 2 buildings; furthest along: Basement (if any), 40%
127 of 158Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 21 documents Report an error

31 Palma Drive Phase 1 is a Residential / Group Housing project by Sagar Construction Company in Pune, Maharashtra, registered with MahaRERA as PR1260002501224 on 14 Oct 2025. Possession is promised by 30 Jun 2029. 31 of the 158 units on this registration are recorded sold or booked, and 2 of 20 construction stages are filed complete.

At a glance

Project

  • Name31 Palma Drive Phase 1
  • TypeResidential / Group Housing
  • Location
    • Gat No. 1331/6
    • Wagholi
    • Haveli
    • Pune
    • 412207
  • Pincode412207
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR1260002501224
  • ReraGenie IDRG-MH-59905

Builder

  • NameSagar Construction Company
  • Entity typePartnership
  • GSTIN27ABAFS4929D1Z8
  • PartnersSachin Rikhablal Bhandari, Sagar Rikhablal Bhandari
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredOct 2025PromisedJun 2029

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on14 Oct 2025
  • Promised completion30 Jun 2029
  • Revised completionNone
  • Buildings2 building records
  • Documents filed21 files

Current status

20%31 of 158 units booked
20.0%Work done, per cost certificate

Figures as on 14 May 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Tower BNA252078078
Tower CNA252080080

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 14 May 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.

2 of 20 construction stages are filed complete across 2 buildings. The stage furthest along is Basement (if any), at 40%.

Tower B14%
ActivityProgress
Excavation100%
Basement (if any)40%
Podiums (if any)Not applicable
Plinth0%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
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%
Tower C14%
ActivityProgress
Excavation100%
Basement (if any)40%
Podiums (if any)Not applicable
Plinth0%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
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 14 May 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 facilityProposedProgress
Internal Roads & FootpathsNo15%
Water SupplyNo0%
Sewerage (Chamber, Lines, Septic Tank , STP)No0%
Storm Water DrainsNo0%
Landscaping & Tree PlantingNo0%
Street LightingNo0%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNo0%
Solid Waste Management And DisposalNo0%
Water conservation /Rain water harvestingNo0%
Energy managemcntNo0%
Fire protection and fire safety requirementsNo0%
Electrical meter room, sub-station, receiving stationNo0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed491

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 slots491
Closed/Covered491
BuildingClosed/CoveredTotal
Tower B271271
Tower C220220

Land and ownership1

MahaRERA does not publish landowner contact details. 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.

Land area24,000 sq m
Land owned byNot the promoter
Named landowners1
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on25 Sep 2025
LandownerVillageDistrict
Swami Vivekanand Co Operative Housing SocietyPune (M Corp.)Pune

Approvals and building plan

Sanctioning authorityPune Metropolitan Region Development Authority
Permissible FSI34317.5
Proposed, not sanctioned20,900 sq m
Buildings approved7
Buildings sanctioned2

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 branchICICI Bank Ltd., Gulmohar Park, Plot 1A, Iti Road, Aundh, Pune.411007
Estimated costRs 103.07 cr
Cost incurredRs 20.57 cr
Work done19.96%
BuildingWingEstimatedIncurred
-NARs 46.87 crRs 4.75 cr
Tower CNARs 29.27 crRs 8.24 cr
Tower BNARs 26.94 crRs 7.58 cr

Certifying professionals and partners4

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

RoleName
ArchitectMilind Patel
EngineerSandesh Umardand
EngineerPrecision Buildtech
Chartered AccountantA S Jinturkar & Co.
PartnerRole in project
Sagar Construction Company-

Litigation declared2

CaseCourtStatus
525/2025Civil Judge, Senior Division, PuneOngoing
405/2025Civil Judge, Senior Division, PuneOngoing

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 reportNot on the file

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

  2. Layout approvalOn the file

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

    uploaded 26 Sep 2025
  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 26 Sep 2025
  4. Commencement CertificateNot on the file

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

  5. 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 30 Jun 2029

Documents filed21

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
Withdrawal Update Form 1File: Form 1 - SCC - 31 Palma Drive - March 2026.pdf14 May 2026
Withdrawal Update Form 2File: Form 2 - SCC - 31 Palma Drive - March 2026.pdf14 May 2026
Withdrawal Update Form 3File: Form 3 - SCC - 31 Palma Drive - March 2026.pdf14 May 2026
Withdrawal Update Form 1File: Form 1 for December 2025.pdf8 Apr 2026
Withdrawal Update Form 2File: Form 2 for December 2025.pdf8 Apr 2026
Withdrawal Update Form 3File: Form 3 - SCC - 31 Palma Drive - December 2025.pdf8 Apr 2026
Withdrawal Update Form 1File: Form 1 for December 2025.pdf24 Feb 2026
Withdrawal Update Form 2File: Form 2 for December 2025.pdf24 Feb 2026
Withdrawal Update Form 3File: Form 3 - SCC - 31 Palma Drive - December 2025.pdf24 Feb 2026
Declaration and undertaking (Annexure A)File: Annexure A.pdf26 Sep 2025
Layout approvalFile: Plan Page 1_11zon.pdf26 Sep 2025
Building plan approvalFile: Plan Page 1_11zon.pdf26 Sep 2025
Building plan approvalFile: Plan Page 2_11zon.pdf26 Sep 2025
Building plan approvalFile: Plan Page 3_11zon.pdf26 Sep 2025
Building plan approvalFile: Plan Page 4_11zon.pdf26 Sep 2025
Building plan approvalFile: Plan Page 5_11zon.pdf26 Sep 2025
Building plan approvalFile: Plan Page 6_11zon.pdf26 Sep 2025
Building plan approvalFile: Plan Page 7_11zon.pdf26 Sep 2025
Building plan approvalFile: Plan Page 8_11zon.pdf26 Sep 2025
Building plan approvalFile: Plan Page 9_11zon.pdf26 Sep 2025
Building plan approvalFile: Plan Page 10_11zon.pdf26 Sep 2025

How this compares with Pune

20%of this project is bookeddistrict median 31%
26%of Pune projects moved their completion datethis one has not
26%of Pune registrations have lapsed or been cancelledthis one is on the register

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 Wagholi13,700+ in Pune

2 km31 Palma Drive Phase 1Completed 44Lapsed / revoked 20Other 61Dot size: filed unitsN

Filed coordinates, straight-line distance. 125 registered projects within 2 km.

Builder: Sagar Construction Company

Sagar Construction Company has 2 registrations on MahaRERA, including 31 Palma Drive Phase 1 and 31 Palma Drive Phase 2. Its filings disclose 1 earlier MahaRERA project, none completed yet. Litigation is declared on 2 of its registrations. Read the full track record. See more projects on the Pune district page.

Frequently asked questions

What are my rights if 31 Palma Drive Phase 1 is delayed beyond 30 Jun 2029?

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 31 Palma Drive Phase 1?

The registered promoter entity is Sagar Construction Company, a partnership as per the filing. Its GSTIN 27ABAFS4929D1Z8 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 31 Palma Drive Phase 1?

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 31 Palma Drive Phase 1?

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 31 Palma Drive Phase 1?

The professionals named in the filing: Architect: Milind Patel; Engineer: Sandesh Umardand; Engineer: Precision Buildtech; Chartered Accountant: A S Jinturkar & 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 31 Palma Drive Phase 1?

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; how the declared litigation on this registration affects your risk; 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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