Home / Browse projects / Pune, Maharashtra / D Hermes Avenue
D Hermes Avenue
RG-MH-23479 · RERA P52100078791 · Last updated on MahaRERA portal: 25 May 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
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against every project registered within 2 km.
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D Hermes Avenue is a Commercial project by KHUSHI NEEL DEVELOPERS in Pune, Maharashtra, registered with MahaRERA as P52100078791 on 13 Jan 2025. Possession is promised by 31 Dec 2027. 0 of the 9 units on this registration are recorded sold or booked, and 3 of 11 construction stages are filed complete.
At a glance
Project
- NameD Hermes Avenue
- TypeCommercial
- Location
- Pune
- AMBEGAON Bk
- Haveli
- 411046
- Pincode411046
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100078791
- ReraGenie IDRG-MH-23479
Builder
- NameKHUSHI NEEL DEVELOPERS
- Entity typePartnership
- PartnersVIJAY CHANDRAKANT HINGE, VIJAY CHANDRAKANT HINGE, VIJAY CHANDRAKANT HINGE, VIJAY CHANDRAKANT HINGE, VIJAY CHANDRAKANT HINGE, VIJAY CHANDRAKANT HINGE, VIJAY CHANDRAKANT HINGE, DHANANJAY DNYANOBA BHINTADE, SARIKA RAMESHKUMAR RANKA
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on13 Jan 2025
- Promised completion31 Dec 2027
- Revised completionNone
- Buildings1 building record
- Documents filed59 files
Current status
Figures as on 25 May 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| D Hermes Avenue | NA | 7 | 2 | 0 | 9 | 9 |
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 25 May 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.
3 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 50%.
D Hermes Avenue: 37% average across the applicable activities
| 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 | 35% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 20% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 5% |
| 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 25 May 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 | No | Not applicable |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| 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 | Yes | 0% |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed23
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 ownership1
MahaRERA does not publish landowner contact details. Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.
| Landowner | Village | District |
|---|---|---|
| Manish Madanlal Parekh | Pune (M Corp.) | 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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| D Hermes Avenue | NA | Rs 9.66 cr | Rs 3.47 cr |
| - | NA | Rs 34.33 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 | RUSHIKESH GORAKH ZAGADE |
| Engineer | P.M.SHELKE & ASSOCIATES |
| Engineer | SHUBHAM UTTAM MORE |
| Chartered Accountant | J P N R & ASSOCIATES |
| Chartered Accountant | PRAVIN SALUNKHE & ASSOCIATES |
| Partner | Role in project |
|---|---|
| KHUSHI NEEL DEVELOPERS | - |
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 23 Dec 2024 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 25 Dec 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 Nov 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 26 Nov 2024Confirm 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 2027
Documents filed59
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 |
|---|---|
| Withdrawal Update Form 1File: SIGNED FORM 1.pdf | 25 May 2026 |
| Withdrawal Update Form 2File: SIGNED FORM 2.pdf | 25 May 2026 |
| Withdrawal Update Form 3File: SIGNED FORM 3.pdf | 25 May 2026 |
| Withdrawal Update Form 1File: FORM 1.pdf | 14 Jan 2026 |
| Withdrawal Update Form 2File: FORM 2.pdf | 14 Jan 2026 |
| Withdrawal Update Form 3File: FORM 3_0001.pdf | 14 Jan 2026 |
| Form 5 (FY 2024-2025)File: Form 5_FY 2024-25_signed.pdf | 2 Jan 2026 |
| Withdrawal Update Form 1File: FORM 1.pdf | 8 Dec 2025 |
| Withdrawal Update Form 2File: FORM 2.pdf | 8 Dec 2025 |
| Withdrawal Update Form 3File: FORM 3_0001_144dpi_75%.pdf | 8 Dec 2025 |
| Withdrawal Update Form 1File: FORM 1.pdf | 23 Jul 2025 |
| Withdrawal Update Form 2File: FORM 2.pdf | 23 Jul 2025 |
| Withdrawal Update Form 3File: FORM 3_Signed.pdf | 23 Jul 2025 |
| Withdrawal Update Form 1File: FORM 1.pdf | 22 Jul 2025 |
| Withdrawal Update Form 1File: FORM 1.pdf | 22 Jul 2025 |
| Withdrawal Update Form 1File: FORM 1.pdf | 22 Jul 2025 |
| Withdrawal Update Form 2File: FORM 2.pdf | 22 Jul 2025 |
| Withdrawal Update Form 2File: FORM 2.pdf | 22 Jul 2025 |
| Withdrawal Update Form 2File: FORM 2.pdf | 22 Jul 2025 |
| Withdrawal Update Form 3File: FORM 3_Signed.pdf | 22 Jul 2025 |
| Withdrawal Update Form 3File: FORM 3_Signed.pdf | 22 Jul 2025 |
| Withdrawal Update Form 3File: FORM 3_Signed.pdf | 22 Jul 2025 |
| Form 1File: FORM 1 ARCHITECT CERTIFICATE.pdf | 11 Jun 2025 |
| Form 2File: ENGINEER CERTIFICATE.pdf | 11 Jun 2025 |
| Form 3File: FORM 3_SIGNED.pdf | 11 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: DISCLOSURE OF SOLD UNSOLD.pdf | 11 Jun 2025 |
| Form 2A (FY 2024-2025)File: FORM 2A.pdf | 11 Jun 2025 |
| Details of encumbrances concerned to FinanceFile: Encumburance Legal.pdf | 7 Jan 2025 |
| Details of encumbrances concerned to LegalFile: Encumburance Legal.pdf | 7 Jan 2025 |
| PAN CardFile: KHUSHI NEEL PAN CARD.pdf | 1 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 28 Dec 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 (2).pdf | 28 Dec 2024 |
| Declaration in FORM BFile: Form B Khushi Neel.pdf | 26 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 26 Dec 2024 |
| Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: Format B Bank Decl.pdf | 26 Dec 2024 |
| Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: Declaration cum undertaking 3 Bank account.pdf | 26 Dec 2024 |
| Layout approvalFile: 100.pdf | 25 Dec 2024 |
| Details of encumbrances concerned to FinanceFile: Encumburance Finance.pdf | 25 Dec 2024 |
| Copy of Layout Approval (in case of layout)File: 100.pdf | 25 Dec 2024 |
| Proforma of Allotment letterFile: Allotement letter.pdf | 25 Dec 2024 |
| Other - LegalFile: Authority Letter.pdf | 25 Dec 2024 |
| Declaration about Commencement CertificateFile: Format D.pdf | 25 Dec 2024 |
| CERSAI detailsFile: CERSAI Undertaking.pdf | 25 Dec 2024 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: Format A Decelartion about Bank.pdf | 25 Dec 2024 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: Declaration cum undertaking 3 Bank account.pdf | 25 Dec 2024 |
| Deviation Report with respect to Allotment letterFile: Deviation of Allotment letter.pdf | 25 Dec 2024 |
| Details of encumbrances concerned to LegalFile: Encumburance Finance.pdf | 25 Dec 2024 |
| Other - FinanceFile: Declaration cum undertaking 3 Bank account.pdf | 25 Dec 2024 |
| Other - TechnicalFile: Order 50.pdf | 25 Dec 2024 |
| Deviation Report with respect to model copy of AgreementFile: Deviation Report - AFS.pdf | 25 Dec 2024 |
| Proforma of Agreement for saleFile: NEW ENGLISH DRAFT FOR RERA DEC24.pdf | 25 Dec 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of Interest Dhananjay Bhintade.pdf | 25 Dec 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of Interest Vijay Hinge.pdf | 25 Dec 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of Interest Sarika Ranka.pdf | 25 Dec 2024 |
| Disclosure for secured/unsecured finance availed for the projectFile: Disclosure of Secured Unsecured.pdf | 25 Dec 2024 |
| Copy of the legal title reportFile: Khushi Neel Search Report.pdf | 23 Dec 2024 |
| Building plan approvalFile: 200.pdf | 26 Nov 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: CC.pdf | 26 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: 200.pdf | 26 Nov 2024 |
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Builder: KHUSHI NEEL DEVELOPERS
KHUSHI NEEL DEVELOPERS has 1 registration on MahaRERA, including D Hermes Avenue. 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 D Hermes Avenue is delayed beyond 31 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 D Hermes Avenue?
The registered promoter entity is KHUSHI NEEL 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 D Hermes Avenue?
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 D Hermes Avenue?
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 D Hermes Avenue?
The professionals named in the filing: Architect: RUSHIKESH GORAKH ZAGADE; Engineer: P.M.SHELKE & ASSOCIATES; Engineer: SHUBHAM UTTAM MORE; Chartered Accountant: J P N R & ASSOCIATES; Chartered Accountant: PRAVIN SALUNKHE & 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 D Hermes Avenue?
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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