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Completed No litigation declared Residential / Group Housing project

AARAVI

By Kotibhaskar Infrastructures &Developers Pvt.Ltd.

RG-MH-14666 · RERA P52100022969 · Last updated on MahaRERA portal: 11 Apr 2023

Source: official MahaRERA filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form
  • Recorded completed on MahaRERA

Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 27 other registrations.

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Oct 2023Possession promisedregistration recorded completed
10 of 11Construction stages donefurthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 28 documents Report an error

AARAVI is a Residential / Group Housing project by Kotibhaskar Infrastructures &Developers Pvt.Ltd. in Pune, Maharashtra, registered with MahaRERA as P52100022969 on 6 Nov 2019. The registration is recorded completed; possession was promised by 14 Oct 2023.

At a glance

Project

  • NameAARAVI
  • TypeResidential / Group Housing
  • Location
    • Pandurang Colony
    • Erandwane
    • Pune (M Corp.)
    • Pune City
    • Pune
    • 411038
  • Pincode411038
  • RERA no.P52100022969
  • ReraGenie IDRG-MH-14666

Builder

  • NameKotibhaskar Infrastructures &Developers Pvt.Ltd.
  • Entity typeCompany
  • CINU45209PN2011PTC140254
  • GSTIN27AAQCS2145B1ZG
  • CIN and GSTIN are from this promoter's other MahaRERA registrations. This project's own filing does not repeat them.
  • Managing DirectorsDilip Shivanand Kotibhaskar, Dilip Shivanand Kotibhaskar, Dilip Shivanand Kotibhaskar, Dilip Shivanand Kotibhaskar
  • ChairpersonsChidambar Shivanand kotibhaskar, Chidambar Shivanand kotibhaskar, Chidambar Shivanand kotibhaskar, Chidambar Shivanand kotibhaskar
  • Other registrations27 more →
  • Completed15 of 28
  • No longer live1 lapsed, de-registered or revoked
  • Past their filed date2
  • Declared earlier projects11 →

Key dates

this monthRegisteredNov 2019PromisedOct 2023Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on6 Nov 2019
  • Promised completion14 Oct 2023
  • Revised completionNone
  • Buildings1 building record
  • Documents filed28 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
AARAVINA110000

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 11 Apr 2023, 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.

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

AARAVI: 91% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
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 11 Apr 2023, 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 LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes100%
Solid Waste Management And DisposalYes100%
Water conservation /Rain water harvestingYes100%
Energy managemcntYes100%
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes100%

Parking filed54

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 slots54
Closed/Covered54

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 area1,300 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI3315.0
Proposed, not sanctioned3,315 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 branchKarve Road pune

Certifying professionals and partners3

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

RoleName
ArchitectAniruddha T Shinde
EngineerGurunath Nandnikar
Chartered AccountantOmkar Chandak
PartnerRole in project
Kotibhaskar Infrastructures &Developers Pvt.Ltd.-

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 24 Oct 2019
  2. Layout approvalOn the file

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

    uploaded 31 Oct 2019
  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 29 Apr 2021
  4. Commencement CertificateOn the file

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

    uploaded 29 Apr 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 11 Apr 2023

Documents filed28

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
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: COMPLETION (1).pdf11 Apr 2023
Architect’s Certificate on Completion of Project (Form 4)File: Form 5 Aaravi.pdf11 Apr 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: LG-Aaravi-Form5-09022023.pdf11 Feb 2023
Status of Formation of Legal Entity (Society/Co Op etc.)File: Society Registration Certifiacate -Aaravi_compressed.pdf13 Oct 2021
Declaration about Commencement CertificateFile: Sold-Unsold Inventory.pdf9 Aug 2021
Disclosure of sold/ booked inventoryFile: Sold-Unsold Inventory.pdf9 Aug 2021
Declaration about Commencement CertificateFile: Aaravi CC Declaration.PDF6 Aug 2021
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1_compressed.pdf6 Aug 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Aaravi Form2A - QC.PDF6 Aug 2021
Disclosure of sold/ booked inventoryFile: SOLD - UNSOLD INVENTORY_compressed.pdf6 Aug 2021
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Aaravi.pdf30 Apr 2021
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Aaravi.pdf30 Apr 2021
Building plan approvalFile: DWG1_compressed(1).pdf29 Apr 2021
Building Plan Approval / NA Order for plotted developmentFile: DWG1_compressed(1).pdf29 Apr 2021
Commencement Certificates / NA Order for plotted developmentFile: CC1_compressed(1).pdf29 Apr 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Aaravi - Form 2 A.PDF16 Mar 2020
PAN CardFile: KIDPL PAN CARD.pdf5 Nov 2019
Layout approvalFile: Scan10001.PDF31 Oct 2019
Details of encumbrancesFile: Scan1.PDF31 Oct 2019
Copy of Layout Approval (in case of layout)File: Scan10001.PDF31 Oct 2019
Proforma of Allotment letterFile: Draft of Allotment letter.pdf31 Oct 2019
Building plan approvalFile: SHEET NO 1_compressed.pdf24 Oct 2019
Copy of the legal title reportFile: Title Report -Aaravi CHSL.PDF24 Oct 2019
Building Plan Approval / NA Order for plotted developmentFile: SHEET NO 1_compressed.pdf24 Oct 2019
Commencement Certificates / NA Order for plotted developmentFile: CC1_compressed.pdf24 Oct 2019
Declaration in FORM BFile: Form-B NOtarised -AARAVI.PDF24 Oct 2019
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA certificate RERA.PDF24 Oct 2019
Proforma of Allotment letterFile: Agreement Aaravi CHSL.pdf24 Oct 2019

Promoter's earlier projects11

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.

8 delivered on promise2 delivered late1 not delivered by the promised date
ProjectLocationFlatsRegisteredStatusPromisedDelivered
INDUKIRAN CO-OP HOUSING SOCIETY LIMITEDP52100046237KOTHRUD, Pune1Jun 2022CompletedNov 2025Oct 2024
SARITA CHSLP52100034229KOTHRUD, Pune70Mar 2022CompletedOct 2025May 2025
Purva HeightsP53100034113Warnali, Sangli36Mar 2022CompletedSep 2025Mar 2025
PRABHAKAR CHSLP52100049315Pune, Pune-Feb 2023CompletedJul 2025Apr 2025
Kajal Co operative Housing Society LtdP52100032652Kothrud, Pune67Jan 2022OngoingDec 2024Not delivered
MUKUNDP52100045860MAHARSHI KARVENAGAR, Pune-Jun 2022CompletedMay 2024Late, Jun 2024
SHUBHASHREEP52100045350PUNE, Pune-May 2022CompletedMar 2024Late, Jun 2024
AnnapurnaHingane Budruk Haveli Pune5-CompletedDec 2017Jun 2017
Ankoorshree Co-operative Housing SocietyHappy Colony Lane 3 Kothrud Pune21-CompletedOct 2017May 2017
Snehvardhan Co-operative Housing SocietyPatwardhan Co-operative Housing Society20-CompletedMay 2017Jan 2017
Chinar Co-operative Housing SocietyKothrud Pune24-CompletedMar 2014Mar 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 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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Other projects near Erandwane13,700+ in Pune

Builder: Kotibhaskar Infrastructures &Developers Pvt.Ltd.

Kotibhaskar Infrastructures &Developers Pvt.Ltd. has 28 registrations on MahaRERA, including Sugam Cooperative Housing Society Limited and Vasant Vihar Co-operative Housing Society. Its filings disclose 11 earlier MahaRERA projects: declares 8 of 10 past projects completed on time. Litigation is declared on 1 of its registrations. Read the full track record. See more projects on the Pune district page.

Frequently asked questions

What are my rights if AARAVI is delayed beyond 14 Oct 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 AARAVI?

The registered promoter entity is Kotibhaskar Infrastructures &Developers Pvt.Ltd., a company as per the filing. Its CIN U45209PN2011PTC140254 and GSTIN 27AAQCS2145B1ZG 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 AARAVI?

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 AARAVI?

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 AARAVI?

The professionals named in the filing: Architect: Aniruddha T Shinde; Engineer: Gurunath Nandnikar; Chartered Accountant: Omkar Chandak. 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 AARAVI?

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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