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CHAANDRAI CAPITAL
RG-MH-13029 · RERA P52100022361 · Last updated on MahaRERA portal: 17 Jan 2024
Source: official MahaRERA filing
Red flags
- 2 extensions 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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CHAANDRAI CAPITAL is a Others project by SBS PROPERTIES in Pune, Maharashtra, registered with MahaRERA as P52100022361 on 16 Sep 2019. The registration is recorded completed; possession was promised by 30 Jun 2022.
At a glance
Project
- NameCHAANDRAI CAPITAL
- TypeOthers
- Location
- NEAR SINHGAD COLLAGE
- AMBGAON BK
- AMBEGAON Bk
- Haveli
- Pune
- 411046
- Pincode411046
- RERA no.P52100022361
- ReraGenie IDRG-MH-13029
Builder
- NameSBS PROPERTIES
- Entity typePartnership
- PartnersSUJIT VITTHAL SHINDE, NITIN SAMPAT SAMAGE
- Declared earlier projects1 →
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on16 Sep 2019
- Promised completion30 Jun 2022
- Revised completionNone
- Buildings2 building records
- Documents filed69 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| B WING | NA | 11 | 0 | 0 | 0 | 0 |
| A WING | NA | 11 | 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 building2
As on 17 Jan 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.
20 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Podiums (if any), at 0%.
B WING91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| 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% |
A WING91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| 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 17 Jan 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 | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 80% |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | Yes | 100% |
| Energy managemcnt | Yes | 100% |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | Yes | 100% |
| Open Parking | Yes | 100% |
Parking filed8
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 | Closed/Covered | Open Space | Total |
|---|---|---|---|
| B WING | 0 | 4 | 4 |
| A WING | 1 | 3 | 4 |
Land and ownership3
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 |
|---|---|---|
| SACHIN SUDAM BELDARE | AMBEGAON Bk | Pune |
| MANGESH SUDAM BELDARE | AMBEGAON Bk | Pune |
| RAKESH SUDAM BELDARE | AMBEGAON Bk | 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 partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | AJAY B HARALE |
| Engineer | R K RANDHAVE CONSULTANT |
| Chartered Accountant | RAHUL GODBOLE |
| Partner | Role in project |
|---|---|
| SBS 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 promoterWe SBS PROPERTIES is developing a project CHAANDRAI CAPITAL and we were due to complete the project on 31-03-2023. Due to the Covid-19 pandemic we were not able to construct anymore because of lack of labour contractors and the poor market condition we were unable to complete the project within the due time. Hence, we request you to kindly allow us an extension till the extension date for 31-03-2024.
Reason as filed by the promoterAS PER REVISED UDPCR (ADDITINAOL FSI POTENTIAL) WE GET SANCTION ON 27/05/2021.UDPCR IS PUBLISED IN MONTH DEC 2020. THEN COVID PANDAMIC.TDR POTENTIAL TILL PENDING DUE TO PMC AND STATEMENT GOVERMENT CIRCULAR NO TPS1818/1267/P C 237/18/NAVI-13 DATED 06.08.2021
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 26 Jul 2019 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 17 Jan 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 17 Jan 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 17 Jan 2024Confirm 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 16 Jan 2024
Documents filed69
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 |
|---|---|
| Layout approvalFile: bUILDING.pdf | 17 Jan 2024 |
| Building plan approvalFile: scan6696.pdf | 17 Jan 2024 |
| Building plan approvalFile: scan6697.pdf | 17 Jan 2024 |
| Building plan approvalFile: scan6698.pdf | 17 Jan 2024 |
| Building plan approvalFile: scan6699.pdf | 17 Jan 2024 |
| Building plan approvalFile: scan6701.pdf | 17 Jan 2024 |
| Building plan approvalFile: scan6702.pdf | 17 Jan 2024 |
| Building plan approvalFile: scan6703.pdf | 17 Jan 2024 |
| Copy of Layout Approval (in case of layout)File: bUILDING.pdf | 17 Jan 2024 |
| Building Plan Approval (IOD)File: scan6696.pdf | 17 Jan 2024 |
| Building Plan Approval (IOD)File: scan6697.pdf | 17 Jan 2024 |
| Building Plan Approval (IOD)File: scan6698.pdf | 17 Jan 2024 |
| Building Plan Approval (IOD)File: scan6699.pdf | 17 Jan 2024 |
| Building Plan Approval (IOD)File: scan6701.pdf | 17 Jan 2024 |
| Building Plan Approval (IOD)File: scan6702.pdf | 17 Jan 2024 |
| Building Plan Approval (IOD)File: scan6703.pdf | 17 Jan 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: cc.pdf | 17 Jan 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: DocScanner Jan 17, 2024 13-45.pdf | 17 Jan 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: RERA Certificate FY 2022-23 - Signed.pdf | 16 Jan 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OCCUPANCY.pdf | 16 Jan 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: DocScanner Jan 16, 2024 15-05.pdf | 16 Jan 2024 |
| Architect’s Certificate on Completion of Project (Form 4)File: DocScanner Jan 16, 2024 18-06.pdf | 16 Jan 2024 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: SOCIETY FORMATION.pdf | 2 Nov 2023 |
| Declaration in FORM BFile: RERA Form B_compressed.pdf | 12 May 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: 2A- FY 2021-22.pdf | 5 May 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form 5 Chaandrai Capital A Wing FY 2021-22.pdf | 5 May 2023 |
| Disclosure of sold/ booked inventoryFile: A wing inventory.pdf | 4 May 2023 |
| Disclosure of sold/ booked inventoryFile: B wing inventory.pdf | 4 May 2023 |
| Disclosure of sold/ booked inventoryFile: CHAANDRAI CAPITAL RERA B INVENTORY.pdf | 16 Jul 2022 |
| Disclosure of sold/ booked inventoryFile: CHAANDRAI CAPITAL RERA A INVENTORY (4).pdf | 14 Jul 2022 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OCC 1.pdf | 23 May 2022 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OCC 2.pdf | 23 May 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: QUALITY ASSURANCE 20193RD 09172021_0001.pdf | 17 Sep 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: QUALITY ASSURANCE 201920 4TH.pdf | 17 Sep 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: QUALITY ASSURANCE 20 2021 2ND.pdf | 17 Sep 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: QUALITY ASSURANCE 20 2021 3RD.pdf | 17 Sep 2021 |
| Declaration about Commencement CertificateFile: DELCARATION OF CC09162021.pdf | 16 Sep 2021 |
| Disclosure of sold/ booked inventoryFile: SOLD INVENTORY.pdf | 16 Sep 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: ca 19-20 form 5.pdf | 16 Sep 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: ca 20-21 form 5.pdf | 16 Sep 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: CC R.pdf | 9 Sep 2021 |
| Building plan approvalFile: B 7.pdf | 2 Jul 2021 |
| Building plan approvalFile: LAYOUT (1).pdf | 2 Jul 2021 |
| Building plan approvalFile: B5 (1).pdf | 2 Jul 2021 |
| Building plan approvalFile: B6 (1).pdf | 2 Jul 2021 |
| Building Plan Approval (IOD)File: B 7.pdf | 2 Jul 2021 |
| Building Plan Approval (IOD)File: LAYOUT (1).pdf | 2 Jul 2021 |
| Building Plan Approval (IOD)File: B5 (1).pdf | 2 Jul 2021 |
| Building Plan Approval (IOD)File: B6 (1).pdf | 2 Jul 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: na order 001 (3 files merged).pdf | 11 Sep 2019 |
| Commencement Certificates / NA Order for plotted developmentFile: cc 003 (4 files merged) (1).pdf | 11 Sep 2019 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: RERA Architect.pdf | 6 Sep 2019 |
| PAN CardFile: pan card.pdf | 3 Sep 2019 |
| Declaration in FORM BFile: b form 1 (1).pdf | 2 Aug 2019 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: RERA supervisor.pdf | 2 Aug 2019 |
| Building plan approvalFile: san lower parking and gr.pdf | 26 Jul 2019 |
| Building plan approvalFile: san B plan.pdf | 26 Jul 2019 |
| Building plan approvalFile: san terrace section.pdf | 26 Jul 2019 |
| Layout approvalFile: san layout.pdf | 26 Jul 2019 |
| Copy of the legal title reportFile: saerch 001 (6 files merged) (2).pdf | 26 Jul 2019 |
| Details of encumbrancesFile: saerch 001 (6 files merged) (2).pdf | 26 Jul 2019 |
| Copy of Layout Approval (in case of layout)File: san layout.pdf | 26 Jul 2019 |
| Building Plan Approval (IOD)File: san lower parking and gr.pdf | 26 Jul 2019 |
| Building Plan Approval (IOD)File: san B plan.pdf | 26 Jul 2019 |
| Building Plan Approval (IOD)File: san terrace section.pdf | 26 Jul 2019 |
| Certificates of CA (Form 3)File: certificate 1.pdf | 26 Jul 2019 |
| Certificates of CA (Form 3)File: certificate 2.pdf | 26 Jul 2019 |
| Certificates of CA (Form 3)File: certificate 3.pdf | 26 Jul 2019 |
| Proforma of Allotment letterFile: draft agreement.pdf | 26 Jul 2019 |
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 |
|---|---|---|---|---|---|
| RIVERVIW | MHALUNGE TAL MULASHI DIST PUNE | 32 | Completed | Jul 2017 | Late, Sep 2017 |
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Buyer report
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Builder: SBS PROPERTIES
SBS PROPERTIES has 1 registration on MahaRERA, including CHAANDRAI CAPITAL. Its filings disclose 1 earlier MahaRERA project: declares 0 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 CHAANDRAI CAPITAL is delayed beyond 30 Jun 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 CHAANDRAI CAPITAL?
The registered promoter entity is SBS 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 CHAANDRAI CAPITAL?
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 CHAANDRAI CAPITAL?
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 CHAANDRAI CAPITAL?
The professionals named in the filing: Architect: AJAY B HARALE; Engineer: R K RANDHAVE CONSULTANT; Chartered Accountant: RAHUL GODBOLE. 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 CHAANDRAI CAPITAL?
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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