Home / Browse projects / Pune, Maharashtra / EELA Phase-III
EELA Phase-III
By M/s. Siddhashila Developers
RG-MH-14675 · RERA P52100024257 · Last updated on MahaRERA portal: 27 Dec 2023
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.
See what the report covers Free either way: or have every new Pune registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
EELA Phase-III is a Commercial project by M/s. Siddhashila Developers in Pune, Maharashtra, registered with MahaRERA as P52100024257 on 29 Jan 2020. The registration is recorded completed; possession was promised by 30 Jun 2022.
At a glance
Project
- NameEELA Phase-III
- TypeCommercial
- Location
- Marunji Punawale
- Punawale
- Mulshi
- Pune
- 411033
- Pincode411033
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100024257
- ReraGenie IDRG-MH-14675
Builder
- NameM/s. Siddhashila Developers
- Entity typePartnership
- PartnersMr Vilas Chaganlal Rathod, Mr Pritam Vilas Rathod
- Other registrations2 more →
- Completed3 of 3
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on29 Jan 2020
- Promised completion30 Jun 2022
- Revised completionNone
- Buildings1 building record
- Documents filed54 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| THEIA BUSINESS PARK | NA | 10 | 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 27 Dec 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.
10 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.
THEIA BUSINESS PARK: 91% average across the applicable activities
| 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 27 Dec 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | No | Not applicable |
| Street Lighting | Yes | 100% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | Yes | 100% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 100% |
Parking filed106
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 ownership2
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 |
|---|---|---|
| Mr. Vilas Chaganlal Rathod | Pune (M Corp.) | Pune |
| Mrs. Shubhada Santosh Subhedar | 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.
Certifying professionals and partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Abhikalpan Architects & Planners |
| Engineer | Mr Sudhir K Kulkarni |
| Chartered Accountant | CA Madhusudan Jhanwar |
| Chartered Accountant | V A Dudhedia and Company |
| Partner | Role in project |
|---|---|
| M/s. Siddhashila Developers | - |
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 promoter1. We are promoters of Eela Phase III- constructed by us on the land bearing S No. 34/2/1, Punawale. 2. Said project is registered on the Maharera Web Portal, under ReRA Act 2016 and rules made thereunder as on 08/09/2021 and is bearing project registration no. as (P52100024257). 3. That said 1st registration was valid from 29/01/2020 till 30/06/2022. 4. Thereafter due to Covid, ReRA registration of said project was further extended till 31/12/2022. 5. We have received completion certificate in respect of said Project as on 29/03/2023 and as such we were in the process of taking further extens
Reason as filed by the promoterWe could not be able to complete the remaining floors of the said project in time due to following reasons. (i) Covid 19 pandemic has impacted all sectors of country including Real Estates from time to time. Covid 19 has affected the Sales in real estate sector immensely. (ii) All the units in the said commercial building are built on the basis of requirements of prospective client/purchaser/s. presently all the Units in 2nd floor and above are unsold and in the bare shell form. On the basis of requirements of prospective client/purchaser/s same shall be converted to the furnished product. (ii
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 22 Nov 2019 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 28 Jun 2022 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 22 Jan 2020 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 28 Apr 2023Confirm 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 31 Mar 2023
Documents filed54
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 |
|---|---|
| Architect’s Certificate on Completion of Project (Form 4)File: Form-4.pdf | 27 Dec 2023 |
| Disclosure of sold/ booked inventoryFile: Form-3-18-12-2023.pdf | 18 Dec 2023 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Sold Booked.pdf | 18 Dec 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form-3-18-12-2023.pdf | 18 Dec 2023 |
| Disclosure of sold/ booked inventoryFile: 20231211071111.pdf | 11 Dec 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 20231209053916.pdf | 9 Dec 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: 20231209053646.pdf | 9 Dec 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form - 5 Eela Ph-III.pdf | 5 Oct 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: EX NA Order Finel.pdf | 28 Apr 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Eela Phase-III (3).pdf | 7 Apr 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Eela Phase-III.pdf | 7 Apr 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Eela Phase-III 4.pdf | 7 Apr 2023 |
| Disclosure of sold/ booked inventoryFile: Theia Sales Declaration-06-04-2023.pdf | 7 Apr 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Eela Phase-III (3).pdf | 7 Apr 2023 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Completion - I Buildng (FINAL).pdf | 31 Mar 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGG CERT EELA PHASE-III 6-JAN-2023.pdf | 1 Feb 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Eela Phase-III.pdf | 30 Jan 2023 |
| Disclosure of sold/ booked inventoryFile: Theia Eela Ph-III.pdf | 18 Jan 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1418-RERA-PH-III CERTIFICATE-280322.pdf | 6 Jan 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1418-RERA-PH-III CERTIFICATE-040722 (1).PDF | 6 Jan 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1418-RERA-PH-III CERTIFICATE-300922.pdf | 6 Jan 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Eela Phase-III.pdf | 6 Jan 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Eela Phase-III From-2.pdf | 15 Oct 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Quality Certificate.pdf | 15 Oct 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Form-3 Eela Ph-III.pdf | 11 Oct 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Eela Phase-III.pdf | 11 Oct 2022 |
| CERSAI detailsFile: SD CERSAI_Search_Report.pdf | 1 Jul 2022 |
| Layout approvalFile: Sheet No 1_compressed.pdf | 28 Jun 2022 |
| Copy of Layout Approval (in case of layout)File: Sheet No 1_compressed.pdf | 28 Jun 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: CC 11-02-2022.pdf | 28 Jun 2022 |
| Proforma of Allotment letterFile: Revised_Theia Business Park Agreement_Draft before Completion with both logo.pdf | 27 Jun 2022 |
| Proforma of Allotment letterFile: Revised_Theia Business Park Agreement draft after completion with both logo.pdf | 27 Jun 2022 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Completion - I Buildng (Part).pdf | 27 Jun 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: SCAN_20211223_184009516.pdf | 23 Dec 2021 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE OF Eela PH-III_compressed.pdf | 8 Oct 2021 |
| Declaration about Commencement CertificateFile: SCAN_20210813_124449710.pdf | 13 Aug 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A PH-3 June-21.pdf | 13 Aug 2021 |
| Disclosure of sold/ booked inventoryFile: Sales Diclaration - I Building.pdf | 13 Aug 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Form 5 - Phase III 2019-20.pdf | 6 Aug 2021 |
| Building plan approvalFile: Building Plan Approval 22-3-19.pdf | 22 Jan 2020 |
| Building Plan Approval / NA Order for plotted developmentFile: Building Plan Approval 22-3-19.pdf | 22 Jan 2020 |
| Declaration in FORM BFile: Form B of Pritam Rathod_rotated_compressed.pdf | 22 Jan 2020 |
| Declaration in FORM BFile: Form B of Shubhada Subhedar_rotated_compressed.pdf | 22 Jan 2020 |
| Declaration in FORM BFile: Form B of Vilas Rahod_rotated_compressed.pdf | 22 Jan 2020 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1418-RERA-PH-III CERTIFICATE-110120.PDF | 22 Jan 2020 |
| Proforma of Allotment letterFile: RERA Agreement Draft Theia Commercial 18-10-2019.pdf | 22 Jan 2020 |
| Layout approvalFile: Building Plan Approval 22-3-19.pdf | 26 Dec 2019 |
| Copy of Layout Approval (in case of layout)File: Building Plan Approval 22-3-19.pdf | 26 Dec 2019 |
| Commencement Certificates / NA Order for plotted developmentFile: 22-03-19 CC_compressed.pdf | 25 Dec 2019 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form III CA Certificate SD_compressed.pdf | 20 Dec 2019 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form-II Engineer-PH-III CERTIFICATE-281119_compressed.pdf | 19 Dec 2019 |
| PAN CardFile: PAN_ Siddhashila Developers ACKFS6676C.pdf | 22 Nov 2019 |
| Copy of the legal title reportFile: Title Report 19-10-2019_compressed.pdf | 22 Nov 2019 |
| Details of encumbrancesFile: Mortgage Deed 2018-3.pdf | 22 Nov 2019 |
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Buyer report
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- 1 condition on this project's record read and explained, with the clear checks alongside
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- All 54 filed documents as one ZIP, foldered, with a manifest
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Builder: M/s. Siddhashila Developers
M/s. Siddhashila Developers has 3 registrations on MahaRERA, including EELA Phase-I and EELA Phase-II. 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 EELA Phase-III 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 EELA Phase-III?
The registered promoter entity is M/s. Siddhashila 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 EELA Phase-III?
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 EELA Phase-III?
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 EELA Phase-III?
The professionals named in the filing: Architect: Abhikalpan Architects & Planners; Engineer: Mr Sudhir K Kulkarni; Chartered Accountant: CA Madhusudan Jhanwar; Chartered Accountant: V A Dudhedia and Company. 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 EELA Phase-III?
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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