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Registration lapsed No litigation declared Commercial project

ARISE

By SAKSHAM PROPERTIES

RG-MH-80015 · RERA P52100034802 · Last updated on MahaRERA portal: 18 Feb 2025

Source: official MahaRERA filing

Red flags

  • Registration lapsed
  • Possession 19 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

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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Mar 2025Possession promised19 months past this date
9 of 11Construction stages donefurthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 79 documents Report an error

ARISE is a Commercial project by SAKSHAM PROPERTIES in Pune, Maharashtra, registered with MahaRERA as P52100034802 on 28 Apr 2022. Possession was promised by 31 Mar 2025 and is now 19 months past that date.

At a glance

Project

  • NameARISE
  • TypeCommercial
  • Location
    • Wagholi
    • Haveli
    • Pune
    • 412207
  • Pincode412207
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100034802
  • ReraGenie IDRG-MH-80015

Builder

  • NameSAKSHAM PROPERTIES
  • Entity typePartnership
  • PartnersVishal Jagdish Deshpande, Dhananjay Ramdas Mote, Suhas Sitaram Mahajan

Key dates

19 months past promisethis monthRegisteredApr 2022PromisedMar 2025

Key facts

Registration and timeline

  • StatusRegistration lapsed
  • Registered on28 Apr 2022
  • Promised completion31 Mar 2025
  • Revised completionNone
  • Buildings1 building record
  • Documents filed79 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
AriseNA40000

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 18 Feb 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.

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

Arise: 82% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor0%
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 18 Feb 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 & 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 WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes100%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes100%

Parking filed5

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 slots5
Open Space5

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 area331 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI361.1
Proposed, not sanctioned361 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 branchGr- 1st Floor, Sai Capital Senapati Bapat Marg, Pune

Certifying professionals and partners

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

PartnerRole in project
SAKSHAM PROPERTIES-

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 26 Apr 2022
  2. Layout approvalOn the file

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

    uploaded 22 Apr 2022
  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 18 Feb 2025
  4. Commencement CertificateOn the file

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

    uploaded 17 Feb 2025Confirm 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 17 Feb 2025

Documents filed79

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
Building plan approvalFile: Revised Sanction Plan.pdf18 Feb 2025
PAN CardFile: saksham pan card.pdf18 Feb 2025
Building Plan Approval / NA Order for plotted developmentFile: Revised Sanction Plan.pdf18 Feb 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A Premanand Nikumbh FY 22-23.pdf18 Feb 2025
Details of encumbrances concerned to FinanceFile: Encumbrance.pdf17 Feb 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate FY 23-24 Q3 1.pdf17 Feb 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate FY 23-24 Q3 1.pdf17 Feb 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 FY 2024-25 Q2 1.pdf17 Feb 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 FY 2024-25 Q1 1.pdf17 Feb 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 FY 2023-24 Q4 1.pdf17 Feb 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate FY 23-24 Q2 1.pdf17 Feb 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate FY 23-24 Q1 1.pdf17 Feb 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate FY 22-23 Q4 1.pdf17 Feb 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate FY 22-23 Q3 1.pdf17 Feb 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate FY 22-23 Q2.pdf17 Feb 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Q1 FY 22-23.pdf17 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Q3 FY 22-23.pdf17 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Q3 FY 2024-25.pdf17 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Q2 FY 2024-25.pdf17 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Q4 - FY 23-24.pdf17 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3 FY 23-24 Q3.pdf17 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3 FY 23-24 Q2.pdf17 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3 FY 23-24 Q1.pdf17 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Q4 FY 22-23.pdf17 Feb 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 3 Q1 FY 2024-25.pdf17 Feb 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2 - Saksham Q3-24-25 1.pdf17 Feb 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2 - Saksham Q2-24-25 1.pdf17 Feb 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2 - Saksham Q1-24-25 1.pdf17 Feb 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2 - Saksham Q4-23-24 1.pdf17 Feb 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Q3 23-24 Final 1.pdf17 Feb 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Q1 23-24 Final 1.pdf17 Feb 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Q4 22-23 Final 1.pdf17 Feb 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Q3 22-23 Final 1.pdf17 Feb 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Q2 22-23 Final 1.pdf17 Feb 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Q1 22-23 Final 1.pdf17 Feb 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Q2 23-24 Final 1.pdf17 Feb 2025
Commencement Certificates / NA Order for plotted developmentFile: Revised CC 1.pdf17 Feb 2025
OtherFile: FORM 4 - Architects Completion Certificate.pdf17 Feb 2025
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC Completion Certificate.pdf17 Feb 2025
Disclosure of sold/ booked inventoryFile: Q2DISCOLSURE OF SOLD UNSOLD 2023-24.pdf17 Feb 2025
Disclosure of sold/ booked inventoryFile: Q3DISCOLSURE OF SOLD UNSOLD 2024-25.pdf17 Feb 2025
Disclosure of sold/ booked inventoryFile: Q2DISCOLSURE OF SOLD UNSOLD 2024-25.pdf17 Feb 2025
Disclosure of sold/ booked inventoryFile: Q1DISCOLSURE OF SOLD UNSOLD 2024-25.pdf17 Feb 2025
Disclosure of sold/ booked inventoryFile: Q4DISCOLSURE OF SOLD UNSOLD 2023-24.pdf17 Feb 2025
Disclosure of sold/ booked inventoryFile: Q3DISCOLSURE OF SOLD UNSOLD 2023-24.pdf17 Feb 2025
Disclosure of sold/ booked inventoryFile: Q1DISCOLSURE OF SOLD UNSOLD 2023-24.pdf17 Feb 2025
Disclosure of sold/ booked inventoryFile: Q4DISCOLSURE OF SOLD UNSOLD 2022-23.pdf17 Feb 2025
Disclosure of sold/ booked inventoryFile: Q3DISCOLSURE OF SOLD UNSOLD 2022-23.pdf17 Feb 2025
Disclosure of sold/ booked inventoryFile: Q2DISCOLSURE OF SOLD UNSOLD 2022-23.pdf17 Feb 2025
Disclosure of sold/ booked inventoryFile: Q1DISCOLSURE OF SOLD UNSOLD 2022-23.pdf17 Feb 2025
Declaration about all RERA Designated Bank Accounts (Format A)File: Format A Letter for Seperate Bank Account.pdf17 Feb 2025
Deviation Report with respect to Allotment letterFile: Deviation Letter.pdf17 Feb 2025
Details of encumbrances concerned to LegalFile: Encumbrance.pdf17 Feb 2025
Deviation Report with respect to model copy of AgreementFile: Deviation Letter.pdf17 Feb 2025
Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of Interest in Real Estate Organisations.pdf17 Feb 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5_FY 2022-23.pdf17 Feb 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A Premanand Nikumbh 2023-24-1-2.pdf17 Feb 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: FORM 5 -FY 2023-24.pdf17 Feb 2025
Proforma of Agreement for saleFile: Draft Agreement.pdf15 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA certificate Q1 update.pdf18 Mar 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architecture Certificate.pdf13 Dec 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate.pdf13 Dec 2022
Copy of the legal title reportFile: Legal Title Report upload.pdf26 Apr 2022
Declaration in FORM BFile: FORM-B upload.pdf26 Apr 2022
Building plan approvalFile: Building Plan.pdf22 Apr 2022
Layout approvalFile: Layout Plan upload.pdf22 Apr 2022
Copy of Layout Approval (in case of layout)File: Layout Plan upload.pdf22 Apr 2022
Building Plan Approval / NA Order for plotted developmentFile: Building Plan.pdf22 Apr 2022
Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate upload.pdf22 Apr 2022
OtherFile: Index 2.pdf22 Apr 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate-Upload.pdf10 Apr 2022
Proforma of Allotment letterFile: Rera agreement draft of Wagholi.pdf9 Apr 2022
Details of encumbrancesFile: No encumbarance certificate.pdf8 Apr 2022
Declaration about Commencement CertificateFile: Declaration of Commencement.pdf8 Apr 2022
CERSAI detailsFile: CERSAI_Search_Report_200235558674_For_Asset_Based_Search_21_04_2022_16_37_40_860.pdf8 Apr 2022
Proforma of Allotment letterFile: Allotment Letter draft.pdf8 Apr 2022
PAN CardFile: Vishal Deshpande PAN.pdf7 Apr 2022
PAN CardFile: Suhas Mahajan PAN.pdf7 Apr 2022
PAN CardFile: Dhananjay Mote Pancard.pdf7 Apr 2022

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 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 Wagholi13,700+ in Pune

2 kmARISECompleted 66Lapsed / revoked 26Other 35Dot size: filed unitsN

Filed coordinates, straight-line distance. 127 registered projects within 2 km.

Builder: SAKSHAM PROPERTIES

SAKSHAM PROPERTIES has 1 registration on MahaRERA, including ARISE. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Pune district page.

Frequently asked questions

What does it mean that ARISE 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 ARISE is delayed beyond 31 Mar 2025?

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 ARISE?

The registered promoter entity is SAKSHAM PROPERTIES, 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 ARISE?

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 ARISE?

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.

What should I check before booking in ARISE?

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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