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Registration lapsed No litigation declared Others project

AISHWARYAM NIVAARA

By SAI ESSEN PROPERTIES

RG-MH-26891 · RERA P52100016005 · Last updated on MahaRERA portal: 31 Jan 2025

Source: official MahaRERA filing

Red flags

  • Registration lapsed
  • Possession 58 months past the filed date
  • Completion date moved by 15 months
  • 2 extensions taken

Clear

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

4 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.

See what the report covers Free either way: or have every new Pune registration emailed to you, free during the pilot beta.
Dec 2021Possession promised58 months past this date
22 of 22Construction stages doneacross 2 buildings; every applicable stage filed complete
0Complaints at MahaRERAon this registration
Jump to the 77 documents Report an error

AISHWARYAM NIVAARA is a Others project by SAI ESSEN PROPERTIES in Pune, Maharashtra, registered with MahaRERA as P52100016005 on 11 Apr 2018. Possession was promised by 31 Dec 2021 and is now 58 months past that date. The completion date has moved by 15 months from the original filing.

At a glance

Project

  • NameAISHWARYAM NIVAARA
  • TypeOthers
  • Location
    • AKURDI CHIKHALI ROAD
    • CHIKHALI
    • Pimpri Chinchawad (M Corp.)
    • Haveli
    • Pune
    • 412114
  • Pincode412114
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100016005
  • ReraGenie IDRG-MH-26891

Builder

  • NameSAI ESSEN PROPERTIES
  • Entity typePartnership
  • GSTIN27ABSFS0552L1ZM
  • GSTIN is from this promoter's other MahaRERA registrations. This project's own filing does not repeat it.
  • PartnersSURENDRA BHIMSEN AGARWAL, DEEPAK ASHOK MANE, ASHOK RAGHUNATH MANE, NARENDRA BHIMSEN AGARWAL
  • Other registrations3 more →
  • Completed2 of 4
  • No longer live1 lapsed, de-registered or revoked
  • Declared earlier projects3 →

Key dates

58 months past promisethis monthRegisteredApr 2018First promiseSep 2020Revised toDec 2021

Key facts

Registration and timeline

  • StatusRegistration lapsed
  • Registered on11 Apr 2018
  • Promised completion31 Dec 2021
  • Revised completionRevised to 31 Dec 2021 (originally 30 Sep 2020)
  • Buildings2 building records
  • Documents filed77 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
ANA70000
BNA00000

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 31 Jan 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.

22 of 22 construction stages are filed complete across 2 buildings.

A100%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
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%
B100%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
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 31 Jan 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 facilityProposedProgress
Internal Roads & FootpathsYes0%
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingYes0%
Community BuildingsYes0%
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes0%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationNoNot applicable
Aggregate area of recreational Open SpaceYes0%
Open ParkingYes0%

Parking filed50

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 slots50
Closed/Covered24
Open Space26

Land and ownership17

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 area3,500 sq m
Land owned byThe promoter, with other names on the file
Named landowners17
LandownerVillageDistrict
BALU BABAN SANEPimpri Chinchawad (M Corp.)Pune
PRAMILA BALU SANEPimpri Chinchawad (M Corp.)Pune
ASHOK BABAN SANEPimpri Chinchawad (M Corp.)Pune
SANDHYA ASHOK SANEPimpri Chinchawad (M Corp.)Pune
SAMBHAJI DNYANESHWAR SANEPimpri Chinchawad (M Corp.)Pune
SUDAM DNYANESHWAR SANEPimpri Chinchawad (M Corp.)Pune
NATHU SHANKAR MOREPimpri Chinchawad (M Corp.)Pune
VIKRAM NATHU MOREPimpri Chinchawad (M Corp.)Pune
ARVIND NATHU MOREPimpri Chinchawad (M Corp.)Pune
SANTOSH NATHU MOREPimpri Chinchawad (M Corp.)Pune
BALASAHEB NARAYAN KALBHORPimpri Chinchawad (M Corp.)Pune
VISHAL BALASAHEB KALBHORPimpri Chinchawad (M Corp.)Pune
MAYUR BALASAHEB KALBHORPimpri Chinchawad (M Corp.)Pune
YOGESH BALASAHEB KALBHORPimpri Chinchawad (M Corp.)Pune
AJINKYA BALASAHEB KALBHORPimpri Chinchawad (M Corp.)Pune
HANUMANT NARAYAN KALBHORPimpri Chinchawad (M Corp.)Pune
SANGEETA HANUMANT KALBHORPimpri Chinchawad (M Corp.)Pune

Approvals and building plan

Permissible FSI3500.0
Proposed, not sanctioned3,499 sq m
Buildings approved3
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 branchNIGDI, 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
ArchitectSHASHANK PHADKE
EngineerVijay Ingawale
Chartered AccountantAkshay Oswal
PartnerRole in project
SAI ESSEN PROPERTIES-

Extensions applied for2

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

EXT52100006328Sep 2020 → Mar 2021

Reason as filed by the promoterWe have currently apllied for NOC's required for procuring the occupation certificate, but we have yet not recieved them.

EXT52100009438Sep 2020 → Dec 2021

Reason as filed by the promoterWe have applied for completion certificate. Awaiting completion

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 8 Mar 2018
  2. Layout approvalOn the file

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

    uploaded 19 Dec 2018
  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 23 Jul 2018
  4. Commencement CertificateOn the file

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

    uploaded 8 Mar 2018Confirm 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 9 Nov 2024

Documents filed77

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
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q3 2022 FORM 1.pdf31 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q3 FORM 2 2022.pdf31 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q4 2024 FORM 1.pdf31 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q3 2023 FORM 1.pdf31 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q2 2023 FORM 1.pdf31 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q4 2023 FORM 1.pdf31 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q2 2022 FORM 1.pdf31 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q1 2022 FORM 1.pdf31 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q4 2022 FORM 1.pdf31 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q3 2021 FORM 1.pdf31 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q2 2021 FORM 1.pdf31 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q1 2021 FORM 1.pdf31 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q4 2021 FORM 1.pdf31 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q3 2020 FORM 1.pdf31 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q2 2020 FORM 1.pdf31 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q1 2020 FORM 1.pdf31 Jan 2025
Certificates of CA (Form 3)File: Q1 FORM 3 2023.pdf31 Jan 2025
Certificates of CA (Form 3)File: Q4 FORM 3 2024.pdf31 Jan 2025
Certificates of CA (Form 3)File: Q3 FORM 3 2023.pdf31 Jan 2025
Certificates of CA (Form 3)File: Q4 FORM 3 2023.pdf31 Jan 2025
Certificates of CA (Form 3)File: Q3 FORM 3 2022.pdf31 Jan 2025
Certificates of CA (Form 3)File: Q2 FORM 3 2023.pdf31 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Q4 FORM 2 2022.pdf31 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Q4 FORM 2 2024.pdf31 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Q3 FORM 2 2023.pdf31 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Q2 FORM 2 2023.pdf31 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Q1 FORM 2 2023.pdf31 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Q4 FORM 2 2023.pdf31 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Q3 FORM 2 2022.pdf31 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Q3 FORM 2 2022.pdf31 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Q1 FORM 2 2022.pdf31 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Q3 FORM 2 2021.pdf31 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Q2 FORM 2 2021.pdf31 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Q1 FORM 2 2021.pdf31 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Q4 FORM 2 2021.pdf31 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Q2 FORM 2 2022.pdf31 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Q1 FORM 2 2022.pdf31 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Q4 FORM 2 2022.pdf31 Jan 2025
Architect’s Certificate on Completion of Project (Form 4)File: 03 FORM 4.pdf10 Dec 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: FORM 5 Aishwaryam Nivaara.pdf10 Dec 2024
Declaration in FORM BFile: 02 FORM B.pdf19 Nov 2024
Declaration in FORM BFile: 02 FORM B.pdf19 Nov 2024
Architect’s Certificate on Completion of Project (Form 4)File: FORM 4 NIVAARA 01.pdf11 Nov 2024
Architect’s Certificate on Completion of Project (Form 4)File: FORM 4 Nivaara.pdf9 Nov 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Nivvara Full OC.pdf9 Nov 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: AISHWARYAM NIWARA FORM 5 22-23.pdf14 Mar 2023
Certificates of CA (Form 3)File: SEP NIWARA CA RERA FROM 3 MAR-22.pdf20 Aug 2022
Certificates of CA (Form 3)File: SEP NIWARA CA RERA FROM 3 JUN-22.pdf20 Aug 2022
Certificates of CA (Form 3)File: SEP NIWARA CA RERA FROM 3 MAR-22_compressed.pdf5 Aug 2022
Certificates of CA (Form 3)File: SEP NIWARA CA RERA FROM 3 JUN-22_compressed.pdf5 Aug 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Aishwaryam Nivaara.pdf9 Jun 2022
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: COMPLETION CERTIFICATE.pdf21 Mar 2022
PAN CardFile: 1 PAN Card (1).pdf13 Oct 2021
Certificates of CA (Form 3)File: Form - 3 Nivaara.pdf13 Oct 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Nivara (Form 5).pdf12 Feb 2021
Details of Restarting of Construction work post lockdownFile: RERA Nivaara.pdf8 Jul 2020
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: CA FORM 5 NIVAARA.pdf28 Feb 2020
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: AISH NIVAARA CA 5.pdf1 Jan 2020
Layout approvalFile: AISHWARYAM NIWARA LAYOUT PLAN.pdf19 Dec 2018
Copy of Layout Approval (in case of layout)File: AISHWARYAM NIWARA LAYOUT PLAN.pdf19 Dec 2018
Proforma of Allotment letterFile: Draft for Aishwaryam Nivara 19-07-2018.pdf17 Dec 2018
Certificates of CA (Form 3)File: NIvara-151018.pdf16 Oct 2018
Layout approvalFile: nivaara.pdf23 Jul 2018
Building plan approvalFile: nivaara.pdf23 Jul 2018
Copy of Layout Approval (in case of layout)File: nivaara.pdf23 Jul 2018
Building Plan Approval (IOD)File: nivaara.pdf23 Jul 2018
OtherFile: POA 1304-1000.pdf6 Apr 2018
Building plan approvalFile: scan04799.pdf8 Mar 2018
Copy of the legal title reportFile: LEGAL REPORT.pdf8 Mar 2018
Building Plan Approval (IOD)File: scan04799.pdf8 Mar 2018
Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate 29-09-2017.pdf8 Mar 2018
Declaration in FORM BFile: FORM_B_OF_NIVARA.pdf8 Mar 2018
Proforma of Allotment letterFile: Draft for Aishwaryam Nivara 08-01-2018.pdf8 Mar 2018
Layout approvalFile: scan04799.pdf24 Feb 2018
Details of encumbrancesFile: Encumbrances Of nivara.pdf24 Feb 2018
Copy of Layout Approval (in case of layout)File: scan04799.pdf24 Feb 2018
Certificates of CA (Form 3)File: NIVAARA CA CERT.pdf24 Feb 2018

Promoter's earlier projects3

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.

2 delivered late1 not delivered by the promised date
ProjectLocationFlatsRegisteredStatusPromisedDelivered
AISHWARYAM COURTYARD GOLDP52100049086CHIKHALI, Pune463Jan 2023OngoingJun 2026Not delivered
Aishwaryam MelodyPlot No 3 Sector No 32A Ravet PCMC Pune 41103384-CompletedMar 2015Late, Mar 2016
AISHWARYAM COURTYARD PHASE INewale vasti Chikhli Vitthal Nagar Pune 412114336-CompletedJun 2012Late, Oct 2012

How this compares with Pune

26%of Pune projects moved their completion datethis one moved by 15 months
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 CHIKHALI13,700+ in Pune

2 kmAISHWARYAM NIVAARACompleted 57Lapsed / revoked 26Other 34Dot size: filed unitsN

Filed coordinates, straight-line distance. 117 registered projects within 2 km.

Builder: SAI ESSEN PROPERTIES

SAI ESSEN PROPERTIES has 4 registrations on MahaRERA, including AISHWARYAM COURTYARD II and AISHWARYAM NIVAARA. Its filings disclose 3 earlier MahaRERA projects: declares 0 of 2 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 AISHWARYAM NIVAARA 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 AISHWARYAM NIVAARA is delayed beyond 31 Dec 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 AISHWARYAM NIVAARA?

The registered promoter entity is SAI ESSEN PROPERTIES, a partnership as per the filing. Its GSTIN 27ABSFS0552L1ZM 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 AISHWARYAM NIVAARA?

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 AISHWARYAM NIVAARA?

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 AISHWARYAM NIVAARA?

The professionals named in the filing: Architect: SHASHANK PHADKE; Engineer: Vijay Ingawale; Chartered Accountant: Akshay Oswal. 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 AISHWARYAM NIVAARA?

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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