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BALAJI RESIDENCY
RG-MH-55035 · RERA P52100017237 · Last updated on MahaRERA portal: 5 Apr 2021
Source: official MahaRERA filing
Red flags
- 1 extension taken
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
1 condition is 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 RESIDENCY is a Residential / Group Housing project by Falcon Developers in Pune, Maharashtra, registered with MahaRERA as P52100017237 on 24 Jul 2018. The registration is recorded completed; possession was promised by 31 Dec 2019.
At a glance
Project
- NameBALAJI RESIDENCY
- TypeResidential / Group Housing
- Location
- SEEMA SAGAR SAHAKARI VASAHAT LIMITED
- KATRAJ
- Pune (M Corp.)
- Pune City
- Pune
- 411046
- Pincode411046
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100017237
- ReraGenie IDRG-MH-55035
Builder
- NameFalcon Developers
- Entity typePartnership
- PartnerPritam Rajendra Mandlecha
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on24 Jul 2018
- Promised completion31 Dec 2019
- Revised completionNone
- Buildings1 building record
- Documents filed18 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| BALAJI RESIDENCY | NA | 4 | 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 5 Apr 2021, 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.
11 of 11 construction stages are filed complete.
BALAJI RESIDENCY: 100% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 100% |
| 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 5 Apr 2021, 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 | No | Not applicable |
| Landscaping & Tree Planting | No | Not applicable |
| 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 | Yes | 100% |
| Water conservation /Rain water harvesting | Yes | 100% |
| Energy managemcnt | Yes | 100% |
| 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 | No | Not applicable |
Parking filed12
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 ownership
MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
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 | KOLHATKAR AND GOWAIKAR |
| Engineer | SPECTRUM CONSULTANTS |
| Partner | Role in project |
|---|---|
| Falcon Developers | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterThe Building Construction work is 100 % complete, the Architects Form 4 is received and uploaded here. As per the latest guidelines of Ministry of Defence, MOD noc is required as one of the NOCs for receipt of Completion certificate. The file for MOD NOC is already submitted and the NOC is awaited, after which the completion certificate will be received.
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 20 Jun 2018 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 20 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 20 Jun 2018 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 20 Jun 2018Confirm 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 5 Apr 2021
Documents filed18
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 |
|---|---|
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: COMPLITION CERTIFICATE.pdf | 5 Apr 2021 |
| Architect’s Certificate on Completion of Project (Form 4)File: Falcon Develpoers RERA form 4.pdf | 19 Feb 2020 |
| Annual Audit Report of Statutory CA (Form 5)File: Form 5 Balaji Residency.pdf | 30 Sep 2019 |
| PAN CardFile: PAN_FALCON_DEVELOPERS[1].pdf | 26 Jun 2018 |
| Proforma of Allotment letterFile: Agreement_to_Sale_draft[1].pdf | 26 Jun 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer's_Certificate[1].pdf | 25 Jun 2018 |
| Building plan approvalFile: Revised Plan 1of2.pdf | 20 Jun 2018 |
| Building plan approvalFile: Revised Plan 2of2.pdf | 20 Jun 2018 |
| Layout approvalFile: Revised Plan 1of2.pdf | 20 Jun 2018 |
| Copy of the legal title reportFile: Search Title Report.pdf | 20 Jun 2018 |
| Copy of Layout Approval (in case of layout)File: Revised Plan 1of2.pdf | 20 Jun 2018 |
| Building Plan Approval (IOD)File: Revised Plan 1of2.pdf | 20 Jun 2018 |
| Building Plan Approval (IOD)File: Revised Plan 2of2.pdf | 20 Jun 2018 |
| Commencement Certificates / NA Order for plotted developmentFile: CC of revised plan dt 19 jan2018.pdf | 20 Jun 2018 |
| Declaration in FORM BFile: Affidavit.pdf | 20 Jun 2018 |
| Certificates of CA (Form 3)File: CA Certificate.pdf | 20 Jun 2018 |
| Details of encumbrancesFile: STR.pdf | 16 Jun 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect's Certificate.pdf | 16 Jun 2018 |
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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.
- 1 condition on this project's record read and explained, with the clear checks alongside
- Joined against every project registered within 2 km, which the RERA portal never shows together
- All 18 filed documents as one ZIP, foldered, with a manifest
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Filed coordinates, straight-line distance. 415 registered projects within 2 km.
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Builder: Falcon Developers
Falcon Developers has 1 registration on MahaRERA, including BALAJI RESIDENCY. 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 RESIDENCY is delayed beyond 31 Dec 2019?
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 RESIDENCY?
The registered promoter entity is Falcon Developers, 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 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 BALAJI 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 BALAJI RESIDENCY?
The professionals named in the filing: Architect: KOLHATKAR AND GOWAIKAR; Engineer: SPECTRUM CONSULTANTS. 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 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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