Home / Browse projects / Pune, Maharashtra / Banka Sapphire
Banka Sapphire
RG-MH-33126 · RERA P52100080598 · Last updated on MahaRERA portal: 18 Apr 2026
Source: official MahaRERA filing
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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
- 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 and every project registered within 2 km.
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Banka Sapphire is a Others project by BANKA CONSTRUCTIONS in Pune, Maharashtra, registered with MahaRERA as P52100080598 on 17 Jun 2025. Possession is promised by 31 Dec 2030. 4 of the 77 units on this registration are recorded sold or booked, and 6 of 11 construction stages are filed complete.
At a glance
Project
- NameBanka Sapphire
- TypeOthers
- Location
- Jagdamba Bhavan Road
- Village -Pisoli
- Pisoli
- Haveli
- Pune
- 411060
- Pincode411060
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100080598
- ReraGenie IDRG-MH-33126
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on17 Jun 2025
- Promised completion31 Dec 2030
- Revised completionNone
- Buildings1 building record
- Documents filed82 files
Current status
Figures as on 18 Apr 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Wing - B | NA | 9 | 8 | 69 | 8 | 77 |
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 Apr 2026, 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.
6 of 11 construction stages are filed complete. The stage furthest along is Staircases, at 45%.
Wing - B: 61% 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 | 21% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 45% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 2% |
| 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 18 Apr 2026, 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 | Yes | 100% |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 80% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 50% |
| Street Lighting | Yes | 80% |
| Community Buildings | Yes | 60% |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 100% |
| Solid Waste Management And Disposal | Yes | 100% |
| Water conservation /Rain water harvesting | Yes | 80% |
| Energy managemcnt | Yes | 100% |
| Fire protection and fire safety requirements | Yes | 80% |
| Electrical meter room, sub-station, receiving station | Yes | 80% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 0% |
Parking filed204
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| Wing - B | NA | Rs 35.60 cr | Rs 3.80 cr |
| - | NA | Rs 72.66 lakh | Rs 1.45 lakh |
Certifying professionals and partners5
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Vilas Tarwadi Architects and Interior Designers Tarwadi |
| Engineer | M/s. G. A. Bhilare Consultants Pvt. Ltd |
| Engineer | Vishvanath Kundlik Kale |
| Engineer | SK Consultants & Engineers |
| Chartered Accountant | N B Sayed and Associates |
| Partner | Role in project |
|---|---|
| BANKA CONSTRUCTIONS | - |
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 15 Oct 2024 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 25 Oct 2024 - 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 May 2025 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 13 May 2025Confirm 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 31 Dec 2030
Documents filed82
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 82 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 |
|---|---|
| Withdrawal Update Form 1File: Form 1 - Banka Sapphire as on March 2026.pdf | 18 Apr 2026 |
| Withdrawal Update Form 2File: Form 2 Banka Sapphire as on 31-03-2026.pdf | 18 Apr 2026 |
| Withdrawal Update Form 3File: Form 3 Banka Sapphire as on 31-03-2026.pdf | 18 Apr 2026 |
| Withdrawal Update Form 1File: Form 1 - Banka Sapphire as on Dec 2025.pdf | 15 Jan 2026 |
| Withdrawal Update Form 2File: Form 2 - Banka Sapphire as on Dec 2025.pdf | 15 Jan 2026 |
| Withdrawal Update Form 3File: Form 3 Banka Sapphire as on 31-12-2025.pdf | 15 Jan 2026 |
| Form 1File: Form 1 - Banka Sapphire as on June 2025.pdf | 15 Nov 2025 |
| Form 2File: Form 2 - Banka Sapphire as on June 2025.pdf | 15 Nov 2025 |
| Form 3File: Form 3 - Banka Sapphire as on June 2025.pdf | 15 Nov 2025 |
| Disclosure of Sold and Booked InventoryFile: Circular 29 - Banka Sapphire as on June 2025.pdf | 15 Nov 2025 |
| Form 1File: Form 1 - Banka Sapphire as on Sep 2025.pdf | 15 Nov 2025 |
| Form 2File: Form 2 - Banka Sapphire as on Sept 2025.pdf | 15 Nov 2025 |
| Form 3File: Form 3 - Banka Sapphire as on Sept 2025.pdf | 15 Nov 2025 |
| Disclosure of Sold and Booked InventoryFile: Circular 29 - Banka Sapphire as on Sep 2025.pdf | 15 Nov 2025 |
| Form 2A (FY 2025-2026)File: Form 2A - Banka Sapphire - FY 2024-25.pdf | 5 Nov 2025 |
| Building plan approvalFile: Plan Page 1.pdf | 26 May 2025 |
| Building plan approvalFile: Plan Page 2.pdf | 26 May 2025 |
| Building plan approvalFile: Plan Page 3.pdf | 26 May 2025 |
| Building plan approvalFile: Plan Page 4.pdf | 26 May 2025 |
| Building plan approvalFile: Plan Page 5.pdf | 26 May 2025 |
| Building plan approvalFile: Plan Page 6.pdf | 26 May 2025 |
| Building plan approvalFile: Plan Page 14.pdf | 26 May 2025 |
| Building plan approvalFile: Plan Page 15.pdf | 26 May 2025 |
| Building plan approvalFile: Plan Page 16.pdf | 26 May 2025 |
| Building plan approvalFile: Plan Page 17.pdf | 26 May 2025 |
| Building plan approvalFile: Plan Page 18.pdf | 26 May 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan Page 18.pdf | 26 May 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan Page 17.pdf | 26 May 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan Page 15.pdf | 26 May 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan Page 14.pdf | 26 May 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan Page 6.pdf | 26 May 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan Page 5.pdf | 26 May 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan Page 4.pdf | 26 May 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan Page 3.pdf | 26 May 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan Page 2.pdf | 26 May 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan Page 1.pdf | 26 May 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan Page 16.pdf | 26 May 2025 |
| Commencement Certificates / NA Order for plotted developmentFile: CC Verification.pdf | 13 May 2025 |
| Commencement Certificates / NA Order for plotted developmentFile: CC.pdf | 13 May 2025 |
| Other - TechnicalFile: CC Verification.pdf | 13 May 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form - 2 - Engineers Certificate.pdf | 22 Nov 2024 |
| Building plan approvalFile: 6 Building Plan Approval _ NA Order for plotted development (14).pdf | 31 Oct 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: 6 Building Plan Approval _ NA Order for plotted development (14).pdf | 31 Oct 2024 |
| Other - TechnicalFile: gwrhfisdfhsdifhsdifhisdhfidhfgo.pdf | 29 Oct 2024 |
| Details of encumbrances concerned to FinanceFile: 1 a Details of encumbrances concerned to Finance (4).pdf | 28 Oct 2024 |
| Details of encumbrances concerned to FinanceFile: GetUserDocumentFileContent (12).pdf | 28 Oct 2024 |
| Details of encumbrances concerned to LegalFile: 1 a Details of encumbrances concerned to Finance (4).pdf | 28 Oct 2024 |
| Details of encumbrances concerned to LegalFile: GetUserDocumentFileContent (12).pdf | 28 Oct 2024 |
| Layout approvalFile: 1 Building Plan Approval _ NA Order for plotted development (43).pdf | 25 Oct 2024 |
| Copy of Layout Approval (in case of layout)File: 1 Building Plan Approval _ NA Order for plotted development (43).pdf | 25 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 24 Oct 2024 |
| Other - LegalFile: 1001 - 17th Jan 2018 Sale Deed 19-6-6.pdf | 24 Oct 2024 |
| Other - LegalFile: 1375 - 12th Feb 2019 19-6-3 (Latest Sale Deed).pdf | 24 Oct 2024 |
| Declaration about Commencement CertificateFile: 1 Declaration about Commencement Certificate (69).pdf | 24 Oct 2024 |
| Deviation Report with respect to Allotment letterFile: No Deviation - Allotment Letter.pdf | 24 Oct 2024 |
| Other - TechnicalFile: 2 Other - Technical (1).pdf | 24 Oct 2024 |
| Deviation Report with respect to model copy of AgreementFile: No Deviation - Agreement for Sale.pdf | 24 Oct 2024 |
| Proforma of Agreement for saleFile: AFS B wing_Banka Sapphire_Banka Construction 21112024.pdf | 24 Oct 2024 |
| Building plan approvalFile: Page 1 Layout.pdf | 22 Oct 2024 |
| Building plan approvalFile: 1 Building Plan Approval _ NA Order for plotted development (44).pdf | 22 Oct 2024 |
| Building plan approvalFile: 2 Building Plan Approval _ NA Order for plotted development (32).pdf | 22 Oct 2024 |
| Building plan approvalFile: 3 Building Plan Approval _ NA Order for plotted development (24).pdf | 22 Oct 2024 |
| Building plan approvalFile: 4 Building Plan Approval _ NA Order for plotted development (16).pdf | 22 Oct 2024 |
| Building plan approvalFile: 5 Building Plan Approval _ NA Order for plotted development (16).pdf | 22 Oct 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate - 2019.pdf | 22 Oct 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Page 1 Layout.pdf | 22 Oct 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: 5 Building Plan Approval _ NA Order for plotted development (16).pdf | 22 Oct 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: 4 Building Plan Approval _ NA Order for plotted development (16).pdf | 22 Oct 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: 3 Building Plan Approval _ NA Order for plotted development (24).pdf | 22 Oct 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: 2 Building Plan Approval _ NA Order for plotted development (32).pdf | 22 Oct 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: 1 Building Plan Approval _ NA Order for plotted development (44).pdf | 22 Oct 2024 |
| Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: Format B-Rera Designated Bank Accounts.pdf | 16 Oct 2024 |
| PAN CardFile: Banka Pancard.pdf | 15 Oct 2024 |
| Copy of the legal title reportFile: CamScanner 10-15-2024 1817.pdf | 15 Oct 2024 |
| Proforma of Allotment letterFile: Allotment of Units - (English) -Banka - 25-10-2024 (1).pdf | 15 Oct 2024 |
| Declaration in FORM BFile: Form B-Affidavit cum Declaration_compressed.pdf | 15 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architects Certificate - Signed.pdf | 15 Oct 2024 |
| Other - LegalFile: 3727 - 11th March 2016 Sale Deed.pdf | 15 Oct 2024 |
| CERSAI detailsFile: 1 CERSAI details (11).pdf | 15 Oct 2024 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: 1 Declaration about all RERA Designated Bank Accounts (Format A) (4).pdf | 15 Oct 2024 |
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 |
|---|---|---|---|---|---|
| BANKA SAPPHIRE | BANKA SAPPHIRE A WING PISOLI PUNE | 138 | Completed | Dec 2023 | Apr 2022 |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- Red flags and clear checks, the possession story, sanctions and sales, land and title, who you are dealing with
- Joined against the promoter's 1 other registration and every project registered within 2 km, which the RERA portal never shows together
- All 82 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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- Plain words, conditions that have happened marked in red
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Other projects near Village -Pisoli13,700+ in Pune
Filed coordinates, straight-line distance. 167 registered projects within 2 km.
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Builder: BANKA CONSTRUCTIONS
BANKA CONSTRUCTIONS has 2 registrations on MahaRERA, including BANKA SAPPHIRE A WING and Banka Sapphire. 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 Banka Sapphire is delayed beyond 31 Dec 2030?
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 Banka Sapphire?
The registered promoter entity is BANKA CONSTRUCTIONS, 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 Banka Sapphire?
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 Banka Sapphire?
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 Banka Sapphire?
The professionals named in the filing: Architect: Vilas Tarwadi Architects and Interior Designers Tarwadi; Engineer: M/s. G. A. Bhilare Consultants Pvt. Ltd; Engineer: Vishvanath Kundlik Kale; Engineer: SK Consultants & Engineers; Chartered Accountant: N B Sayed and Associates. 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 Banka Sapphire?
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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