Home / Browse projects / Pune, Maharashtra / AVAANTI RESIDENCES AND PREMIUM COMMERCIAL SPACES
AVAANTI RESIDENCES AND PREMIUM COMMERCIAL SPACES
By OLYMPIA
RG-MH-20680 · RERA P52100009000 · Last updated on MahaRERA portal: 13 May 2024
Source: official MahaRERA filing
Red flags
- Completion date moved by 43 months
- 3 extensions taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
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.
See what the report covers Free either way: or have every new Pune registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
AVAANTI RESIDENCES AND PREMIUM COMMERCIAL SPACES is a Others project by OLYMPIA in Pune, Maharashtra, registered with MahaRERA as P52100009000 on 19 Aug 2017. The registration is recorded completed; possession was promised by 27 Jan 2024. The completion date has moved by 43 months from the original filing.
At a glance
Project
- NameAVAANTI RESIDENCES AND PREMIUM COMMERCIAL SPACES
- TypeOthers
- Location
- Tilak Road
- Shukrawar Peth
- Swargate
- Haveli
- Pune
- 411002
- Pincode411002
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100009000
- ReraGenie IDRG-MH-20680
Builder
- NameOLYMPIA
- Entity typeOthers
- Named personABBEY'S BUILDTECH LLP
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on19 Aug 2017
- Promised completion27 Jan 2024
- Revised completionRevised to 27 Jan 2024 (originally 30 Jun 2020)
- Buildings1 building record
- Documents filed227 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| AVAANTI RESIDENCES AND PREMIUM COMMERCIAL SPACES | NA | 25 | 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 13 May 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.
7 of 11 construction stages are filed complete. The stage furthest along is External plumbing and external plaster, at 99%.
AVAANTI RESIDENCES AND PREMIUM COMMERCIAL SPACES: 89% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 97% |
| Sanitary Fittings within the flats / premises | 86% |
| 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. | 99% |
| 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 13 May 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 | 15% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 90% |
| Storm Water Drains | Yes | 90% |
| Landscaping & Tree Planting | Yes | 60% |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 65% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 85% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 20% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | Yes | 0% |
Parking filed64
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.
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 |
|---|---|---|
| ABEEY'S BUILTECH LLP | Pune (M Corp.) | Pune |
| ABHINAV REALITY AND INFRASTRUCTURE LLP | Pune (M Corp.) | 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 partners2
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | SWAPNEEL J DESHPANDE |
| Engineer | J W CONSULTANTS LLP |
| Partner | Role in project |
|---|---|
| OLYMPIA | - |
Extensions applied for3
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterThe Progress of the real estate project was adversely affected due to long term impact of COVID-19 lockdown/restrictions like slow movement of unsold inventory, plight of the labour,
Reason as filed by the promoterAnnexure I to Form E Explanatory Note The above referred real estate project was an ongoing real estate project at the time of its registration with MAHARERA and is a Joint Venture development between the land owner (M/s Pandit Automotives Private Limited) and the developer (Abeey’s Buildtech LLP). After registration of the real estate project with MAHARERA, the land owner being a company(body corporate) was subjected to process of insolvency and accordingly vide an order dated March 12, 2018 Hon’ble National Company Law Tribunal, Mumbai had imposed moratorium in terms of provisions of Section
Reason as filed by the promoterThe present application is being made only in relation to completion of the unsold apartments (residential) (as entire commercial units are already completed and relevant occupation certificate are also updated timely), by way of obtaining part occupation certificate leading to issuance of full occupation certificate. It may be noted that during the validity period of the registration of the real estate project, the Promoter has already formed and constituted the co-operative housing society in relation to the said project. So far, the developer/promoter has registered all agreement(s) for sal
Litigation declared2
| Case | Court | Status |
|---|---|---|
| 2584/2021 | Bombay High Court | For admission |
| 2646/2021 | Bombay High Court | For admission |
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 31 Aug 2021 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 13 Oct 2023 - 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 Jul 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 13 Oct 2023Confirm 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 30 Mar 2024
Documents filed227
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 227 are shown. 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 |
|---|---|
| Architect’s Certificate on Completion of Project (Form 4)File: form 4.pdf | 13 May 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Final OC.pdf | 30 Mar 2024 |
| Other - TechnicalFile: merged.pdf | 24 Jan 2024 |
| Certificates of CA (Form 3)File: form 3.pdf | 17 Jan 2024 |
| Disclosure of sold/ booked inventoryFile: sold inventory.pdf | 16 Jan 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: form 1.pdf | 12 Jan 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: form 2.pdf | 12 Jan 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FORM 5 avaanti.pdf | 26 Oct 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: form 2 avaanti.pdf | 19 Oct 2023 |
| Disclosure of sold/ booked inventoryFile: SOLD INVENTORY.pdf | 19 Oct 2023 |
| Certificates of CA (Form 3)File: FORM 3 AVaanti.pdf | 19 Oct 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: form 1.pdf | 16 Oct 2023 |
| Layout approvalFile: Scan266301compressed.pdf | 13 Oct 2023 |
| Copy of Layout Approval (in case of layout)File: Scan266301compressed.pdf | 13 Oct 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: CC.pdf | 13 Oct 2023 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Avanti Part OC 22082023 (002).pdf | 28 Aug 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: FORM 1.pdf | 5 Aug 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM 2 FINAL.pdf | 5 Aug 2023 |
| Disclosure of sold/ booked inventoryFile: SOLD INVENTORY.pdf | 5 Aug 2023 |
| Certificates of CA (Form 3)File: form 3.pdf | 5 Aug 2023 |
| Building plan approvalFile: Pi7HPSC1047compressed.pdf | 18 Jul 2023 |
| Building Plan Approval (IOD)File: Pi7HPSC1047compressed.pdf | 18 Jul 2023 |
| Certificates of CA (Form 3)File: form 3.pdf | 18 Jul 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: OLD 2A.pdf | 14 Jul 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: NEW 2A.pdf | 14 Jul 2023 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: AVAANTI- OC Part 1.pdf | 14 Jul 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: CC.pdf | 2 Jun 2023 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: Society registration certificate.pdf | 24 Apr 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 3.pdf | 12 Apr 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: form 2.pdf | 12 Apr 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: form 2.pdf | 12 Apr 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: form 1.pdf | 6 Apr 2023 |
| Disclosure of sold/ booked inventoryFile: booked inventory.pdf | 6 Apr 2023 |
| Disclosure of sold/ booked inventoryFile: booked inventory.pdf | 6 Apr 2023 |
| Disclosure of sold/ booked inventoryFile: booked inventory 2.pdf | 6 Apr 2023 |
| OtherFile: CREDAI CERTIFICATES FOR AVAANTI 2023 rotated.pdf | 6 Apr 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: form 1.pdf | 17 Jan 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: form 2.pdf | 9 Jan 2023 |
| Disclosure of sold/ booked inventoryFile: SOLD inventory rc.pdf | 9 Jan 2023 |
| OtherFile: avaanti.pdf | 17 Nov 2022 |
| Certificates of CA (Form 3)File: FORM 3 OCT 22.pdf | 11 Nov 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: form 2 july SKM_C226i c22101711081.pdf | 18 Oct 2022 |
| Certificates of CA (Form 3)File: FORM 3 JULY SKM_22722101815090.pdf | 18 Oct 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: FORM 5.pdf | 18 Oct 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: FORM 5.pdf | 18 Oct 2022 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: FORM 1 221015 SHUKRAWAR PETH.pdf | 17 Oct 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 OCT Engineer Certificate Olympia.pdf | 17 Oct 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 OCT Addendum to Engineer Certificate olympia.pdf | 17 Oct 2022 |
| Disclosure of sold/ booked inventoryFile: sold inventory oct SKM_C226i c22101711080.pdf | 17 Oct 2022 |
| Certificates of CA (Form 3)File: form 3 Olympia Sept 22.pdf | 17 Oct 2022 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: AVANTI OC part 2.pdf | 10 Oct 2022 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: SKM_22722071116581.pdf | 13 Jul 2022 |
| Disclosure of sold/ booked inventoryFile: Disclosure_30062022-6-7.pdf | 13 Jul 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_compressed (2).pdf | 27 Apr 2022 |
| Certificates of CA (Form 3)File: Form 3_compressed (2).pdf | 27 Apr 2022 |
| Disclosure of sold/ booked inventoryFile: ilovepdf_merged.pdf | 15 Apr 2022 |
| Certificates of CA (Form 3)File: Form 3_Avaanti_Dec 21-compressed.pdf | 17 Jan 2022 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1_Avaanti_compressed.pdf | 14 Jan 2022 |
| Declaration about Commencement CertificateFile: Diclaration for CC.pdf | 22 Oct 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Avannti.pdf | 22 Oct 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form-2A.PDF | 22 Oct 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Olympia Form-5_compressed.pdf | 22 Oct 2021 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1_Avaanti.pdf | 12 Oct 2021 |
| Disclosure of sold/ booked inventoryFile: Disclosure of sold units_Avaanti.pdf | 12 Oct 2021 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Avaanti.pdf | 8 Oct 2021 |
| Certificates of CA (Form 5)File: Olympia Annual Report_0001.pdf | 6 Oct 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Olympia Annual Report_0001.pdf | 6 Oct 2021 |
| Copy of the legal title reportFile: Supplementary Title search_Avaanti_compressed.pdf | 31 Aug 2021 |
| OtherFile: Declaration_Abhinav Realty.pdf | 31 Aug 2021 |
| OtherFile: Declaration_Avaanti.pdf | 31 Aug 2021 |
| Disclosure of sold/ booked inventoryFile: List of sold Units_Avaanti.pdf | 27 Aug 2021 |
| OtherFile: Declaration.pdf | 24 Aug 2021 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1-Avaanti_compressed.pdf | 6 Aug 2021 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1-Avaanti_compressed.pdf | 6 Aug 2021 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Avaanti_compressed.pdf | 8 Jun 2021 |
| Certificates of CA (Form 3)File: Form 3_Avaanti_compressed.pdf | 8 Jun 2021 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1_Avaanti_compressed.pdf | 4 Jun 2021 |
| Certificates of CA (Form 3)File: Form 3_Avaanti_compressed.pdf | 4 Jun 2021 |
| OtherFile: UNDER TAKING_compressed.pdf | 19 Apr 2021 |
| OtherFile: Sale Deed-Pandit Land-7-12-1-3.pdf | 19 Apr 2021 |
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Buyer report
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- All 227 filed documents as one ZIP, foldered, with a manifest
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Builder: OLYMPIA
OLYMPIA has 1 registration on MahaRERA, including AVAANTI RESIDENCES AND PREMIUM COMMERCIAL SPACES. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What are my rights if AVAANTI RESIDENCES AND PREMIUM COMMERCIAL SPACES is delayed beyond 27 Jan 2024?
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 AVAANTI RESIDENCES AND PREMIUM COMMERCIAL SPACES?
The registered promoter entity is OLYMPIA, an others 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 AVAANTI RESIDENCES AND PREMIUM COMMERCIAL SPACES?
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 AVAANTI RESIDENCES AND PREMIUM COMMERCIAL SPACES?
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 AVAANTI RESIDENCES AND PREMIUM COMMERCIAL SPACES?
The professionals named in the filing: Architect: SWAPNEEL J DESHPANDE; Engineer: J W CONSULTANTS LLP. 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 AVAANTI RESIDENCES AND PREMIUM COMMERCIAL SPACES?
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.
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