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ESPACIO - COMMERCIAL
RG-MH-16378 · RERA P52100026492 · Last updated on MahaRERA portal: 23 Jun 2026
Source: official MahaRERA filing
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
- Recorded completed on MahaRERA
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 3 other registrations and every project registered within 2 km.
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ESPACIO - COMMERCIAL is a Commercial project by KNIGHT WEST REALTY LLP in Pune, Maharashtra, registered with MahaRERA as P52100026492 on 26 Sep 2020. The registration is recorded completed; possession was promised by 30 Jun 2025. 49 of the 53 units on this registration are recorded sold or booked, and 9 of 11 construction stages are filed complete.
At a glance
Project
- NameESPACIO - COMMERCIAL
- TypeCommercial
- Location
- S NO - 38 H NO 8B
- BALEWADI
- Haveli
- Pune
- 411045
- Pincode411045
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100026492
- ReraGenie IDRG-MH-16378
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on26 Sep 2020
- Promised completion30 Jun 2025
- Revised completionNone
- Buildings1 building record
- Documents filed46 files
Current status
Figures as on 23 Jun 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| ESPACIO COMMERCIAL | NA | 2 | 2 | 53 | 0 | 53 |
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 23 Jun 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.
9 of 11 construction stages are filed complete. The stage furthest along is Basement (if any), at 0%.
ESPACIO COMMERCIAL: 82% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| 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 23 Jun 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 | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | Yes | 100% |
| Community Buildings | Yes | 0% |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 100% |
| Solid Waste Management And Disposal | Yes | 100% |
| 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 | 0% |
| Open Parking | Yes | 0% |
Land and ownership
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.
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 |
|---|---|---|---|
| ESPACIO COMMERCIAL | NA | Rs 11.65 cr | Rs 11.09 cr |
| - | NA | Rs 88.39 lakh | Rs 82.67 lakh |
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 | RAHUL MALWADKAR |
| Engineer | SATYAPRAKASH MASHALKAR |
| Chartered Accountant | RONAK JAIN |
| Partner | Role in project |
|---|---|
| KNIGHT WEST REALTY LLP | - |
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 27 Dec 2021 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 25 Oct 2021 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 19 Sep 2020 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 25 Oct 2021Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot on 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.
Documents filed46
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: Form 1.pdf | 23 Jun 2026 |
| Withdrawal Update Form 2File: Form 2.pdf | 23 Jun 2026 |
| Withdrawal Update Form 3File: Form 3.pdf | 23 Jun 2026 |
| Occupational CertificateFile: Completion Certificate_COMMERCIAL.PDF | 23 Jun 2026 |
| Occupational CertificateFile: OC.pdf | 23 Jun 2026 |
| Occupational CertificateFile: OC MAIL.pdf | 23 Jun 2026 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 - Commercial.pdf | 3 Feb 2025 |
| Disclosure of sold/ booked inventoryFile: Sold - Unsold -Commercial.pdf | 3 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Commercial_Mar-23.pdf | 31 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Commercial_Sep-23.pdf | 31 Jan 2024 |
| Other - TechnicalFile: Part Completion Certificate.PDF | 4 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form-5_Comm.pdf | 29 Mar 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form-1_Comm.pdf | 24 Nov 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form1_Comm.pdf | 7 Oct 2022 |
| Disclosure of sold/ booked inventoryFile: Espacio Commerical.pdf | 7 Oct 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Rera Cert_Commercial.pdf | 2 May 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENG FROM-2 COMMERCIAL BUILDING_compressed.pdf | 2 May 2022 |
| Disclosure of sold/ booked inventoryFile: Commercial Sold Unsold.pdf | 2 May 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form-3 COMMERCIAL Q4_compressed.pdf | 2 May 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5_Comm.pdf | 2 May 2022 |
| Copy of the legal title reportFile: Search and Title Latest_Compress.pdf | 27 Dec 2021 |
| Layout approvalFile: BUILDING LAYOUT 1_11.pdf | 25 Oct 2021 |
| Copy of Layout Approval (in case of layout)File: BUILDING LAYOUT 1_11.pdf | 25 Oct 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: CC-0347-21.PDF | 25 Oct 2021 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Ar_Commercial.pdf | 14 Oct 2021 |
| Disclosure of sold/ booked inventoryFile: Sold data_Commercial.PDF | 14 Oct 2021 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form1_Commercial.PDF | 19 Jul 2021 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form-2_Commercial_compressed.pdf | 19 Jul 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form-3_Commercial_compressed.pdf | 19 Jul 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: FORM 5_Commercial.pdf | 22 Feb 2021 |
| Declaration in FORM BFile: 'B' Form.pdf | 24 Sep 2020 |
| Declaration in FORM BFile: 'B' Form 1.pdf | 24 Sep 2020 |
| Layout approvalFile: Layout 2-1.pdf | 19 Sep 2020 |
| Layout approvalFile: Layout 2-2.pdf | 19 Sep 2020 |
| Building plan approvalFile: CC-0765-2019_compressed.pdf | 19 Sep 2020 |
| PAN CardFile: pan card.pdf | 19 Sep 2020 |
| Copy of the legal title reportFile: Search Report.pdf | 19 Sep 2020 |
| Details of encumbrancesFile: Encumbrances Letter.PDF | 19 Sep 2020 |
| Copy of Layout Approval (in case of layout)File: Layout 2-1.pdf | 19 Sep 2020 |
| Copy of Layout Approval (in case of layout)File: Layout 2-2.pdf | 19 Sep 2020 |
| Building Plan Approval / NA Order for plotted developmentFile: CC-0765-2019_compressed.pdf | 19 Sep 2020 |
| Commencement Certificates / NA Order for plotted developmentFile: CC-0765-2019_compressed.pdf | 19 Sep 2020 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1_AR-compressed.pdf | 19 Sep 2020 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form-2_ER.PDF | 19 Sep 2020 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form-3 CA Certificate_Commercial-compressed.pdf | 19 Sep 2020 |
| Proforma of Allotment letterFile: ALLOTMENT LETTER.PDF | 19 Sep 2020 |
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Buyer report
Useful on a completed registration when you are buying resale, or checking what was promised against what was delivered.
- Red flags and clear checks, the possession story, sanctions and sales, land and title, who you are dealing with
- Joined against the promoter's 3 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 46 filed documents as one ZIP, foldered, with a manifest
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Filed coordinates, straight-line distance. 297 registered projects within 2 km.
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Builder: KNIGHT WEST REALTY LLP
KNIGHT WEST REALTY LLP has 4 registrations on MahaRERA, including ESPACIO - WING C D AND E/MHADA and ESPACIO - A AND B. Its filings disclose 3 earlier MahaRERA projects: 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 ESPACIO - COMMERCIAL is delayed beyond 30 Jun 2025?
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 ESPACIO - COMMERCIAL?
The registered promoter entity is KNIGHT WEST REALTY LLP, a partnership as per the filing. Its GSTIN 27AARFK8397B1ZR can be cross-checked on the MCA and GST portals. 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 ESPACIO - COMMERCIAL?
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 ESPACIO - COMMERCIAL?
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 ESPACIO - COMMERCIAL?
The professionals named in the filing: Architect: RAHUL MALWADKAR; Engineer: SATYAPRAKASH MASHALKAR; Chartered Accountant: RONAK JAIN. 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 ESPACIO - COMMERCIAL?
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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