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BALAJI ICON
RG-MH-69948 · RERA P52100017725 · Last updated on MahaRERA portal: 4 May 2024
Source: official MahaRERA filing
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Red flags
- Completion date moved by 60 months
- 2 extensions taken
Clear
- No litigation declared
- No complaints on record
- 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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BALAJI ICON is a Residential / Group Housing project by YASHODEEP PROPERTIES in Pune, Maharashtra, registered with MahaRERA as P52100017725 on 6 Sep 2018. Possession is promised by 26 Dec 2027. The completion date has moved by 60 months from the original filing.
At a glance
Project
- NameBALAJI ICON
- TypeResidential / Group Housing
- Location
- PUNE NAHISK HIGHWAY
- NANEKARWADI
- Chakan (CT)
- Khed
- Pune
- 410501
- Pincode410501
- RERA no.P52100017725
- ReraGenie IDRG-MH-69948
Builder
- NameYASHODEEP PROPERTIES
- Entity typePartnership
- PartnerMANDAR RAMESH DESHMUKH
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on6 Sep 2018
- Promised completion26 Dec 2027
- Revised completionRevised to 26 Dec 2027 (originally 30 Dec 2022)
- Buildings3 building records
- Documents filed55 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| BUILDING I | NA | 8 | 0 | 0 | 0 | 0 |
| BILDING II | NA | 8 | 0 | 0 | 0 | 0 |
| BUILDING III | NA | 8 | 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 building3
As on 4 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.
12 of 33 construction stages are filed complete across 3 buildings. The stage furthest along is Slabs of Super Structure, at 50%.
BUILDING I82%
| 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% |
BILDING II55%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 50% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 50% |
| Sanitary Fittings within the flats / premises | 50% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 50% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 50% |
| 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. | 50% |
BUILDING III0%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| 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. | 0% |
Progress on shared amenities15
As on 4 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 | 50% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | No | Not applicable |
| 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 | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | Yes | 0% |
Parking filed90
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.
| Building | Open Space | Total |
|---|---|---|
| BUILDING I | 30 | 30 |
| BILDING II | 30 | 30 |
| BUILDING III | 30 | 30 |
Land and ownership4
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 |
|---|---|---|
| YASHODEEP PROPERTIES | Chakan (CT) | Pune |
| JAIBAI BALU NANEKAR AND OTHERS | Chakan (CT) | Pune |
| ANIL BABAN PARDESHI AND OTHERS | Chakan (CT) | Pune |
| BHAGWAN BALU NANEKAR AND OTHER | Chakan (CT) | 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 | AXIS ASSOCIATES |
| Chartered Accountant | Sachin Dherange |
| Partner | Role in project |
|---|---|
| YASHODEEP PROPERTIES | - |
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterThe project was delayed due to covid restrictions.
Reason as filed by the promoterThe undersigned is directed to refer to the above subject and state that in view of the situation created by the pandemic COVID-19 (Corona Virus) and consequent nation-wide lockdown w.e.f. 25 March, 2020, reverse migration of labourers to their native places and break in supply chain of construction material have adversely impacted the construction activities of real estate projects across the country. In consultation with Real Estate Regulatory Authorities of States / UTs, representatives of NAREDCO, CREDAI, FICCI, ASSOCHAM and other stakeholders, it is observed that in such circumstances, wo
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 5 Jun 2018 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 5 Jun 2018 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 5 Jun 2018 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 5 Jun 2018Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot due yet
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
possession is promised for 26 Dec 2027
Documents filed55
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 |
|---|---|
| Declaration in FORM BFile: FORM B YASHODEEP .pdf | 4 May 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 Architect Building 1.pdf | 4 May 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 Architect Building 2.pdf | 4 May 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 Architect Building 3.pdf | 4 May 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2.pdf | 4 May 2024 |
| Certificates of CA (Form 3)File: Form 3 new.pdf | 4 May 2024 |
| Details of encumbrancesFile: ENCUMBRANCE LETTER.pdf | 25 Apr 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2.pdf | 25 Apr 2024 |
| Certificates of CA (Form 3)File: Form 3_11zon.pdf | 25 Apr 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Yashodeep Form 5 FY 2022-2023.pdf | 25 Apr 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5 Yashodeep Properties.pdf | 3 Apr 2024 |
| Declaration in FORM BFile: Form 'B'.pdf | 26 Mar 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 Architect Building 1.pdf | 26 Mar 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 Architect Building 2.pdf | 26 Mar 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 Architect Building 3.pdf | 26 Mar 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Quality Assurance 2019-20 Form 2A.pdf | 21 Mar 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Quality Assurance 2020-21 Form 2A.pdf | 21 Mar 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Quality Assurance 2022-23 Form 2A.pdf | 21 Mar 2024 |
| Details of encumbrances concerned to FinanceFile: ENCUMBRANCE LETTER.pdf | 11 Mar 2024 |
| Details of encumbrances concerned to LegalFile: ENCUMBRANCE LETTER.pdf | 11 Mar 2024 |
| Disclosure of sold/ booked inventoryFile: DISCOLSURE OF SOLD BOOKED INVENTRY (BUILDING WISE).pdf | 11 Mar 2024 |
| CERSAI detailsFile: DECLARATION FOR NO SECURITY CHARGED.pdf | 11 Mar 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: DISLOSURE OF INTEREST IN OTHER REAL ESTATE ORG.pdf | 11 Mar 2024 |
| Proforma of Agreement for saleFile: Agreement For Sale_11zon.pdf | 11 Mar 2024 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: DECLARTION ABOUT SEPARATE BANK ACCOUNTS FOR REAL ESTATE PROJECTS.pdf | 11 Mar 2024 |
| Deviation Report with respect to Allotment letterFile: NO DEVIATION IN AGREEMENT FOR ALLOTMENT LETTER.pdf | 11 Mar 2024 |
| Deviation Report with respect to model copy of AgreementFile: NO DEVIATION IN AGREEMENT FOR SALE.pdf | 11 Mar 2024 |
| PAN CardFile: PAN CARD (2).pdf | 27 Jan 2024 |
| Declaration about Commencement CertificateFile: DECLARATION COMMENCMENT CERTIFICATE.pdf | 13 Apr 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: QUALITY ASSURANCE CERTIFICATE.pdf | 13 Apr 2023 |
| Disclosure of sold/ booked inventoryFile: BOOKED INVENTORY_compressed.pdf | 13 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2017-18)File: form 5 21-22.pdf | 13 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Form 5 18-19.pdf | 13 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Form 5 19-20.pdf | 13 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5 20-21.pdf | 13 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: form 5 21-22.pdf | 13 Apr 2023 |
| OtherFile: Certificate.pdf | 4 Jul 2018 |
| Declaration in FORM BFile: FORM B.pdf | 14 Jun 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: II building.pdf | 14 Jun 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: I Building.pdf | 14 Jun 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: III building.pdf | 14 Jun 2018 |
| Layout approvalFile: Layout.PDF | 5 Jun 2018 |
| Building plan approvalFile: building plan I.PDF | 5 Jun 2018 |
| Building plan approvalFile: building plan II.PDF | 5 Jun 2018 |
| Building plan approvalFile: building plan III.PDF | 5 Jun 2018 |
| Copy of the legal title reportFile: Search Tittle.pdf | 5 Jun 2018 |
| Details of encumbrancesFile: FORM B.pdf | 5 Jun 2018 |
| Copy of Layout Approval (in case of layout)File: Layout.PDF | 5 Jun 2018 |
| Building Plan Approval (IOD)File: building plan I.PDF | 5 Jun 2018 |
| Building Plan Approval (IOD)File: building plan II.PDF | 5 Jun 2018 |
| Building Plan Approval (IOD)File: building plan III.PDF | 5 Jun 2018 |
| Commencement Certificates / NA Order for plotted developmentFile: N A ORDER commencememt.pdf | 5 Jun 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Certificate.pdf | 5 Jun 2018 |
| Certificates of CA (Form 3)File: ca cert.pdf | 5 Jun 2018 |
| Proforma of Allotment letterFile: Agree Draft.pdf | 5 Jun 2018 |
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Builder: YASHODEEP PROPERTIES
YASHODEEP PROPERTIES has 1 registration on MahaRERA, including BALAJI ICON. 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 BALAJI ICON is delayed beyond 26 Dec 2027?
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 BALAJI ICON?
The registered promoter entity is YASHODEEP 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 BALAJI ICON?
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 BALAJI ICON?
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 BALAJI ICON?
The professionals named in the filing: Architect: AXIS ASSOCIATES; Chartered Accountant: Sachin Dherange. 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 BALAJI ICON?
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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