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AKSHAY RESIDENCY
By PRASANNA VISHWASRAO BHAVSAR
RG-MH-14591 · RERA P52100023086 · Last updated on MahaRERA portal: 23 Dec 2024
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
- All 1 earlier projects delivered on promise
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 1 other registration.
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AKSHAY RESIDENCY is a Residential / Group Housing project by PRASANNA VISHWASRAO BHAVSAR in Pune, Maharashtra, registered with MahaRERA as P52100023086 on 29 Nov 2019. The registration is recorded completed; possession was promised by 30 Sep 2022.
At a glance
Project
- NameAKSHAY RESIDENCY
- TypeResidential / Group Housing
- Location
- MUMBAI PUNE BANGLORE HIGHWAY
- KOYATE WASTI CHOWK
- PUNAWALE TAL MULSHI
- Haveli
- Pune
- 411033
- Pincode411033
- RERA no.P52100023086
- ReraGenie IDRG-MH-14591
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on29 Nov 2019
- Promised completion30 Sep 2022
- Revised completionNone
- Buildings1 building record
- Documents filed67 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| AKSHAY RESIDENCY | NA | 5 | 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 23 Dec 2024, 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.
9 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.
AKSHAY RESIDENCY: 82% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| 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. | 100% |
Progress on shared amenities15
As on 23 Dec 2024, 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 | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| 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 | 100% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | No | Not applicable |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 2% |
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 |
|---|---|---|
| SHIVAJI RANGNATH MOHITE | Kolewadi | Pune |
| AKSHAY SHIVAJI MOHITE | Kolewadi | 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 | sandip dange |
| Engineer | Prasanna bhavsar |
| Chartered Accountant | SANTOSH SANCHETI |
| Partner | Role in project |
|---|---|
| PRASANNA VISHWASRAO BHAVSAR | - |
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 26 Nov 2019 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 5 Nov 2019 - 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 Nov 2019 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 4 Nov 2019Confirm 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 6 Oct 2022
Documents filed67
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.
| Document | Uploaded |
|---|---|
| Status of Formation of Legal Entity (Society/Co Op etc.)File: Society_formation_Certificate_of_Akshay_Residency.pdf | 23 Dec 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FINAL FORM 5 FY 22-23 Client.pdf | 31 Dec 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: FORM 5 UPLOAD.pdf | 13 Mar 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FINAL FORM 3.pdf | 16 Feb 2023 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: completion certificate.pdf | 6 Oct 2022 |
| Architect’s Certificate on Completion of Project (Form 4)File: form 4.pdf | 6 Oct 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 2 COMPRESSED.pdf | 12 Sep 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form_1_Architects_certificate.pdf | 12 Sep 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 2.pdf | 12 Sep 2022 |
| Disclosure of sold/ booked inventoryFile: Athourised_booked_inventories.pdf | 12 Sep 2022 |
| Disclosure of sold/ booked inventoryFile: Athourised_booked_inventories.pdf | 12 Sep 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Q3_compressed.pdf | 12 Sep 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Q4_compressed.pdf | 12 Sep 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 June 21.pdf | 8 Nov 2021 |
| Declaration about Commencement CertificateFile: FORM D FOR COMENCEMENT CERTIFICATE.pdf | 1 Nov 2021 |
| Disclosure of sold/ booked inventoryFile: SOLD UNSOLD DATA.pdf | 1 Nov 2021 |
| Disclosure of sold/ booked inventoryFile: SOLD UNSOLD DATA.pdf | 1 Nov 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Form-5 19-20.pdf | 1 Nov 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5- 20-21.pdf | 1 Nov 2021 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form_2June_2021_Engineer Certificate_compressed.pdf | 30 Oct 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 19-20.pdf | 30 Oct 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 20-21.pdf | 30 Oct 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 June 21.pdf | 30 Oct 2021 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form_1_March_2020__Archi_Ce__compressed.pdf | 31 Aug 2021 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form_1_March_2021__Archi_Ce__compressed.pdf | 31 Aug 2021 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form_1_August_2021__Archi_Ce__compressed.pdf | 31 Aug 2021 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form_2_August_2021___Engineers_Certificate__compressed.pdf | 31 Aug 2021 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form_2_March_2020__Engineer_Certificate__compressed.pdf | 31 Aug 2021 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form_2_March_2021__Engineers_Certificate__compressed.pdf | 31 Aug 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Scan_of_Dec_2019_compressed.pdf | 31 Aug 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Scan_of_March_2020_compressed.pdf | 31 Aug 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Scan_of_June_2020_compressed.pdf | 31 Aug 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Scan_of_september_2020_compressed.pdf | 31 Aug 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Scan_of_Dec_2020_compressed.pdf | 31 Aug 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Scan_of_March_2021_compressed.pdf | 31 Aug 2021 |
| Building plan approvalFile: N A ORDER COMPRESSED.pdf | 26 Nov 2019 |
| Copy of the legal title reportFile: search and title report_compressed_organized.pdf | 26 Nov 2019 |
| Building Plan Approval / NA Order for plotted developmentFile: N A ORDER COMPRESSED.pdf | 26 Nov 2019 |
| Building plan approvalFile: first and third floor plan_compressed.pdf | 5 Nov 2019 |
| Building plan approvalFile: second and forth floor plan_compressed.pdf | 5 Nov 2019 |
| Building plan approvalFile: plan copies_compressed (1).pdf | 5 Nov 2019 |
| Layout approvalFile: Lay out _compressed.pdf | 5 Nov 2019 |
| Copy of Layout Approval (in case of layout)File: Lay out _compressed.pdf | 5 Nov 2019 |
| Building Plan Approval / NA Order for plotted developmentFile: first and third floor plan_compressed.pdf | 5 Nov 2019 |
| Building Plan Approval / NA Order for plotted developmentFile: second and forth floor plan_compressed.pdf | 5 Nov 2019 |
| Building Plan Approval / NA Order for plotted developmentFile: plan copies_compressed (1).pdf | 5 Nov 2019 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: saleable area statement_compressed.pdf | 5 Nov 2019 |
| Proforma of Allotment letterFile: Agreement for sale_compressed-1-3.pdf | 5 Nov 2019 |
| Proforma of Allotment letterFile: Agreement for sale_compressed-4-6.pdf | 5 Nov 2019 |
| Proforma of Allotment letterFile: Agreement for sale_compressed-7-9.pdf | 5 Nov 2019 |
| Proforma of Allotment letterFile: Agreement for sale_compressed-10-12.pdf | 5 Nov 2019 |
| Proforma of Allotment letterFile: Agreement for sale_compressed-13-15.pdf | 5 Nov 2019 |
| Proforma of Allotment letterFile: Agreement for sale_compressed-16-18.pdf | 5 Nov 2019 |
| Proforma of Allotment letterFile: Agreement for sale_compressed-19-21.pdf | 5 Nov 2019 |
| Proforma of Allotment letterFile: Agreement for sale_compressed-22-24.pdf | 5 Nov 2019 |
| Proforma of Allotment letterFile: Agreement for sale_compressed-25-27.pdf | 5 Nov 2019 |
| Proforma of Allotment letterFile: Agreement for sale_compressed-28-29.pdf | 5 Nov 2019 |
| PAN CardFile: Pan card bhavsar sir.pdf | 4 Nov 2019 |
| Details of encumbrancesFile: encumbrance certificate_compressed.pdf | 4 Nov 2019 |
| Commencement Certificates / NA Order for plotted developmentFile: commencement certificate_compressed.pdf | 4 Nov 2019 |
| Declaration in FORM BFile: affidavit cum declaration form B_compressed.pdf | 4 Nov 2019 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: architects certificate_compressed.pdf | 4 Nov 2019 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: engineers certificate new.pdf | 4 Nov 2019 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate.pdf | 4 Nov 2019 |
| Proforma of Allotment letterFile: Microsoft Word - Allotment Letter.pdf | 4 Nov 2019 |
| OtherFile: shop act.pdf | 4 Nov 2019 |
| OtherFile: shop act.pdf | 4 Nov 2019 |
Promoter's earlier projects1
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 |
|---|---|---|---|---|---|
| VARAD RESIDENCY | KIWALE | 1 | Completed | Jul 2019 | Jul 2019 |
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How this compares with Pune
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Buyer report
Useful on a completed registration when you are buying resale, or checking what was promised against what was delivered.
- Red flags and clear checks, the possession story, sanctions and sales, land and title, who you are dealing with
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- All 67 filed documents as one ZIP, foldered, with a manifest
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Builder: PRASANNA VISHWASRAO BHAVSAR
PRASANNA VISHWASRAO BHAVSAR has 2 registrations on MahaRERA, including AKSHAY RESIDENCY and ADVAITM RESIDENCY. Its filings disclose 1 earlier MahaRERA project: declares 1 of 1 past projects completed on time. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What are my rights if AKSHAY RESIDENCY is delayed beyond 30 Sep 2022?
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 AKSHAY RESIDENCY?
The registered promoter entity is PRASANNA VISHWASRAO BHAVSAR, an individual 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 AKSHAY RESIDENCY?
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 AKSHAY RESIDENCY?
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 AKSHAY RESIDENCY?
The professionals named in the filing: Architect: sandip dange; Engineer: Prasanna bhavsar; Chartered Accountant: SANTOSH SANCHETI. 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 AKSHAY RESIDENCY?
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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