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Completed No litigation declared Others project

Blue Ridge - THE LOFTS

By Paranjape Schemes (Construction) Ltd.

RG-MH-01699 · RERA P52100000060 · Last updated on MahaRERA portal: 27 Oct 2023

Source: official MahaRERA filing

Red flags

  • 1 complaint at MahaRERA

Clear

  • No litigation declared
  • 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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Dec 2022Possession promisedregistration recorded completed
7 of 11Construction stages donefurthest along: Podiums (if any), 99%
1Complaints at MahaRERAon this registration
Jump to the 32 documents Report an error

Blue Ridge - THE LOFTS is a Others project by Paranjape Schemes (Construction) Ltd. in Pune, Maharashtra, registered with MahaRERA as P52100000060 on 22 Jun 2017. The registration is recorded completed; possession was promised by 30 Dec 2022. 1 complaint is on record with the regulator.

At a glance

Project

  • NameBlue Ridge - THE LOFTS
  • TypeOthers
  • Location
    • Symbiosis Institute Road
    • Hinjawadi
    • Hinjavadi (CT)
    • Mulshi
    • Pune
    • 411057
  • Pincode411057
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100000060
  • ReraGenie IDRG-MH-01699

Builder

  • NameParanjape Schemes (Construction) Ltd.
  • Entity typeCompany
  • DirectorABHIJIT PRAKASH KADAM
  • Other registrations28 more →
  • Completed15 of 29
  • No longer live7 lapsed, de-registered or revoked
  • Declared earlier projects17 →

Key dates

this monthRegisteredJun 2017PromisedDec 2022Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on22 Jun 2017
  • Promised completion30 Dec 2022
  • Revised completionNone
  • Buildings1 building record
  • Documents filed32 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
The LoftsNA340000

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 27 Oct 2023, 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 Podiums (if any), at 99%.

The Lofts: 99% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)99%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises98%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks99%
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.95%

Progress on shared amenities18

As on 27 Oct 2023, 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 & FootpathsYes95%
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes95%
Street LightingYes90%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes100%
Solid Waste Management And DisposalYes100%
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 SpaceYes0%
Open ParkingYes100%
MINI FOOTBALL AREA FOR RESIDENTIALYes15%
SKY LOUNGE FOR RESIDENTIALYes75%
SWIMMING POOL FOR RESIDENTIALYes100%

Parking filed445

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 slots445
Closed/Covered422
Open Space23

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 area7,927 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI27122.58
Proposed, not sanctioned26,348 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 branchHDFC Bank, Bhandarkar Road, Pune

Certifying professionals and partners2

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

RoleName
ArchitectANIRUDDHA VAIDYA AND ASSOCIATES
EngineerJ + W Consultants
PartnerRole in project
Paranjape Schemes (Construction) Ltd.-

Litigation declared3

CaseCourtStatus
WP/9028/2017/2016HIGH COURT MUMBAIPOSTED FOR PRE ADMISSION AS PER SITTING LIST
WP/9029/2017/2016HIGH COURT MUMBAIPOSTED FOR PRE ADMISSION AS PER SITTING LIST
WP/6443/2016/2016HIGH COURT MUMBAIPOSTED FOR PRE ADMISSION AS PER SITTING LIST

Complaints filed with MahaRERA1

Case no.ComplainantRespondentFiled
CC005000000022306Asra shabbar hussainRohit bandagale04/12/2018

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 15 Jun 2017
  2. Layout approvalOn the file

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

    uploaded 14 Jun 2017
  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 14 Jun 2017
  4. Commencement CertificateOn the file

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

    uploaded 5 Apr 2018Confirm 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 22 Sep 2022

Documents filed32

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
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: FORM 1-The Lofts-Sept'23.pdf27 Oct 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FORM 5-Blue Ridge- The Lofts-Fy-22'23-uploaded110ct23.pdf11 Oct 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: FOrm 1-B9 LOFTS-June'23.pdf5 Aug 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: B9 -The Lofts-Fy 21-22-uploaded.pdf10 Mar 2023
Architect’s Certificate on Completion of Project (Form 4)File: Architects Certificate 17-02-2023-FORM 4.pdf24 Feb 2023
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: COMPLETION CERTIFICATE.PDF22 Sep 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5 BR The Lofts-min_compressed.pdf25 Oct 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: 7 RERA Blue Ridge Lofts compressed.pdf1 Apr 2021
Certificates of CA (Form 5)File: Blue Ridge The Lofts_Form 5_18-19.pdf7 Oct 2019
Certificates of CA (Form 5)File: Form 5 - Blue Ridge The Lofts.pdf3 Jan 2019
Proforma of Allotment letterFile: Agreement to Sell Blue Ridge The Lofts Part 1.pdf6 Apr 2018
Proforma of Allotment letterFile: Agreement to Sell Blue Ridge The Lofts Part 2.pdf6 Apr 2018
Commencement Certificates / NA Order for plotted developmentFile: CC Revised Sector R1 B9 22 03 2018.pdf5 Apr 2018
Details of encumbrancesFile: Encumbrance Certificate_Blue Ridge-The Lofts.pdf29 Sep 2017
Proforma of Allotment letterFile: Blue Ridge The Lofts _Proforma_Allotment Ltr and Agreement_Blueridge B9.pdf28 Sep 2017
Certificates of CA (Form 3)File: CA Certificate.pdf17 Jun 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: form 1 the lofts.pdf16 Jun 2017
Copy of the legal title reportFile: Title Certificate__Blueridge B9.pdf15 Jun 2017
Details of encumbrancesFile: Encumbrance Certificate_Blueridge B9.pdf15 Jun 2017
Declaration in FORM BFile: Blue Ridge - The Lofts_Form B.pdf15 Jun 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer's Certificate.pdf15 Jun 2017
Proforma of Allotment letterFile: Proforma_Allotment Ltr Agreement_Blueridge B9.pdf15 Jun 2017
Layout approvalFile: The Lofts Sanction Layout.pdf14 Jun 2017
Layout approvalFile: LOFTS SANCTION PLAN PAGE 02.pdf14 Jun 2017
Building plan approvalFile: The Lofts Sanction Layout PAGE 01.pdf14 Jun 2017
Building plan approvalFile: LOFTS SANCTION PLAN PAGE 02.pdf14 Jun 2017
PAN CardFile: PAN.pdf14 Jun 2017
Copy of Layout Approval (in case of layout)File: The Lofts Sanction Layout.pdf14 Jun 2017
Copy of Layout Approval (in case of layout)File: LOFTS SANCTION PLAN PAGE 02.pdf14 Jun 2017
Building Plan Approval (IOD)File: The Lofts Sanction Layout PAGE 01.pdf14 Jun 2017
Building Plan Approval (IOD)File: LOFTS SANCTION PLAN PAGE 02.pdf14 Jun 2017
Commencement Certificates / NA Order for plotted developmentFile: CC B9.pdf14 Jun 2017

Promoter's earlier projects9

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.

2 delivered on promise7 delivered late
ProjectLocationFlatsStatusPromisedDelivered
T22-23Near Cognizant Tech Rajiv Gandhi Infotech Park phase1 Hinjawadi Pune 411057240CompletedDec 2017Nov 2016
B6Near Cognizant Tech Rajiv Gandhi Infotech Park phase1 Hinjawadi Pune 411057231CompletedDec 2017Feb 2017
B4Near Cognizant Tech Rajiv Gandhi Infotech Park phase1 Hinjawadi Pune 411057238CompletedDec 2016Late, Feb 2017
B7,B8Near Cognizant Tech Rajiv Gandhi Infotech Park phase1 Hinjawadi Pune 411057240CompletedDec 2015Late, Sep 2016
T9, T10, T11Near Cognizant Tech Rajiv Gandhi Infotech Park phase1 Hinjawadi Pune 411057355CompletedDec 2014Late, Mar 2015
B1,B2,B3Near Cognizant Tech Rajiv Gandhi Infotech Park phase1 Hinjawadi Pune 411057696CompletedDec 2014Late, Sep 2016
T5, T6, T7 ,T8Near Cognizant Tech Rajiv Gandhi Infotech Park phase1 Hinjawadi Pune 411057404CompletedDec 2013Late, Mar 2015
T12, T13, T14Near Cognizant Tech Rajiv Gandhi Infotech Park phase1 Hinjawadi Pune 411057361CompletedDec 2012Late, Mar 2015
T1, T2, T3, T4Near Cognizant Tech Rajiv Gandhi Infotech Park phase1 Hinjawadi Pune 411057408CompletedDec 2011Late, Mar 2015

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 completed

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 Hinjawadi13,700+ in Pune

2 kmBlue Ridge - THE LOFTSCompleted 36Lapsed / revoked 18Other 51Dot size: filed unitsN

Filed coordinates, straight-line distance. 105 registered projects within 2 km.

Builder: Paranjape Schemes (Construction) Ltd.

PARANJAPE SCHEMES (CONSTRUCTION) LTD has 29 registrations on MahaRERA, including SWAPNASAMRAT and Blue Ridge Project C Land T18 and T19. Its filings disclose 17 earlier MahaRERA projects: declares 9 of 17 past projects completed on time. Litigation is declared on 6 of its registrations. Read the full track record. See more projects on the Pune district page.

Frequently asked questions

What are my rights if Blue Ridge - THE LOFTS is delayed beyond 30 Dec 2022?

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 Blue Ridge - THE LOFTS?

The registered promoter entity is Paranjape Schemes (Construction) Ltd., a company 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 Blue Ridge - THE LOFTS?

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 do I read the complaint cases filed against Blue Ridge - THE LOFTS?

Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

How current is the construction progress shown for Blue Ridge - THE LOFTS?

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 Blue Ridge - THE LOFTS?

The professionals named in the filing: Architect: ANIRUDDHA VAIDYA AND ASSOCIATES; Engineer: J + W 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 Blue Ridge - THE LOFTS?

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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