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Completed No litigation declared Residential / Group Housing project

Kanchan Vastu Phase I

By Sudhir Vasant Karnataki

RG-MH-24385 · RERA P52100005551 · Last updated on MahaRERA portal: 13 Jul 2023

Source: official MahaRERA filing

Red flags

  • No red flags in this filing

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
  • All 1 earlier projects delivered on promise

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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Dec 2021Possession promisedregistration recorded completed
5 of 11Construction stages donefurthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 49 documents Report an error

Kanchan Vastu Phase I is a Residential / Group Housing project by Sudhir Vasant Karnataki in Pune, Maharashtra, registered with MahaRERA as P52100005551 on 11 Aug 2017. The registration is recorded completed; possession was promised by 30 Dec 2021.

At a glance

Project

  • NameKanchan Vastu Phase I
  • TypeResidential / Group Housing
  • Location
    • PAUD ROAD
    • Pune (M Corp.)
    • Pune City
    • Pune
    • 411038
  • Pincode411038
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100005551
  • ReraGenie IDRG-MH-24385

Builder

  • NameSudhir Vasant Karnataki
  • Entity typeIndividual
  • Declared earlier projects1 →

Key dates

this monthRegisteredAug 2017PromisedDec 2021Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on11 Aug 2017
  • Promised completion30 Dec 2021
  • Revised completionNone
  • Buildings1 building record
  • Documents filed49 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Kanchan VastuNA20000

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 13 Jul 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.

5 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.

Kanchan Vastu: 45% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor0%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
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 13 Jul 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 & FootpathsYes70%
Water SupplyYes50%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsNoNot applicable
Landscaping & Tree PlantingYes100%
Street LightingYes100%
Community BuildingsYes100%
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalYes100%
Water conservation /Rain water harvestingYes100%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes60%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

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.

Total parking slots8
Closed/Covered2
Open Space6

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 area5,000 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI3810.0
Proposed, not sanctioned2,647 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 branchPaud 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
ArchitectRavindra Vaidya
EngineerJW Consultant
PartnerRole in project
Sudhir Vasant Karnataki-

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.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 14 Mar 2018
  2. Layout approvalOn the file

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

    uploaded 31 Jul 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 16 Aug 2018
  4. Commencement CertificateOn the file

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

    uploaded 10 Aug 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 5 Feb 2021

Documents filed49

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
Architect’s Certificate on Completion of Project (Form 4)File: k'vastu RERA form 4.PDF13 Jul 2023
Architect’s Certificate on Completion of Project (Form 4)File: SUDHIR KARNATAKI FORM 4.pdf22 Jun 2023
Status of ConveyanceFile: kanchan Vastu Conveyance deed Index II.pdf31 May 2023
Status of Formation of Legal Entity (Society/Co Op etc.)File: Kanchan Vastu society registration certificate.pdf20 Jan 2023
OtherFile: Completion Certificate.pdf11 Sep 2021
Disclosure of sold/ booked inventoryFile: Sold Unsold Try.pdf14 Aug 2021
Certificates of CA (Form 3)File: Form 3 - Try Realtors Aug 21_Signed.pdf13 Aug 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Form 5 FY 2018_19.pdf13 Aug 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: try realtors form 5.pdf5 Feb 2021
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: CompletionCertificate.PDF5 Feb 2021
Certificates of CA (Form 5)File: try realtors form 5.pdf28 Sep 2019
Certificates of CA (Form 5)File: try realtors form 5.pdf29 Sep 2018
Building plan approvalFile: sanction plan copy.pdf16 Aug 2018
Building plan approvalFile: 11 floor plan.pdf16 Aug 2018
Building Plan Approval (IOD)File: sanction plan copy.pdf16 Aug 2018
Building Plan Approval (IOD)File: 11 floor plan.pdf16 Aug 2018
Commencement Certificates / NA Order for plotted developmentFile: final commencement cert.pdf10 Aug 2018
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect certificate.pdf10 Aug 2018
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: engineer certificate for updation 11 the floor.PDF10 Aug 2018
Certificates of CA (Form 3)File: Form 3 Rera Certificate.pdf10 Aug 2018
Proforma of Allotment letterFile: AGREEMENT Draft.pdf10 Aug 2018
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: TRY REALTORS ENGINEERS CERT.pdf25 May 2018
Certificates of CA (Form 3)File: TRY REALTORS CA Certificate.pdf25 May 2018
Copy of the legal title reportFile: Search and Title Report updated.pdf14 Mar 2018
Proforma of Allotment letterFile: kanchanvastu- AGREEMENT DRAFT.pdf14 Mar 2018
Building plan approvalFile: SIXTH and TENTH FLR.pdf27 Feb 2018
Building plan approvalFile: SEVENTH and NINTH FLR.pdf27 Feb 2018
Building plan approvalFile: EIGHTH FLR.pdf27 Feb 2018
Building plan approvalFile: Rera Area Statement.pdf27 Feb 2018
Building Plan Approval (IOD)File: SIXTH and TENTH FLR.pdf27 Feb 2018
Building Plan Approval (IOD)File: SEVENTH and NINTH FLR.pdf27 Feb 2018
Building Plan Approval (IOD)File: EIGHTH FLR.pdf27 Feb 2018
Building Plan Approval (IOD)File: Rera Area Statement.pdf27 Feb 2018
Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf27 Feb 2018
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate Rera Updation.pdf27 Feb 2018
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Rera Engineer certificate.pdf27 Feb 2018
Certificates of CA (Form 3)File: Form 3 Updation Kanchan Vastu.pdf27 Feb 2018
Layout approvalFile: Layout Plan.pdf31 Jul 2017
Building plan approvalFile: Layout Plan.pdf31 Jul 2017
PAN CardFile: Pan Card Final.pdf31 Jul 2017
Copy of the legal title reportFile: Title certificate.pdf31 Jul 2017
Details of encumbrancesFile: Title certificate.pdf31 Jul 2017
Copy of Layout Approval (in case of layout)File: Layout Plan.pdf31 Jul 2017
Building Plan Approval (IOD)File: Layout Plan.pdf31 Jul 2017
Declaration in FORM BFile: Form B Kanchan Vastu.pdf31 Jul 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: FORM 1 Architect.pdf31 Jul 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Try Realtors Form 2.pdf31 Jul 2017
Certificates of CA (Form 3)File: Form 3 Kanchan Vastu.pdf31 Jul 2017
Proforma of Allotment letterFile: Try Realtors.pdf31 Jul 2017

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.

1 delivered on promise
ProjectLocationFlatsStatusPromisedDelivered
Kanchan VastuA Building Hissa No 175 2 1 plus 173 3 2 plus 174 220CompletedNov 2012Nov 2012

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 PAUD ROAD13,700+ in Pune

2 kmKanchan Vastu Phase ICompleted 52Lapsed / revoked 32Other 95Dot size: filed unitsN

Filed coordinates, straight-line distance. 179 registered projects within 2 km.

Builder: Sudhir Vasant Karnataki

Sudhir Vasant Karnataki has 1 registration on MahaRERA, including Kanchan Vastu Phase I. Its filings disclose 1 earlier MahaRERA project: 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 Kanchan Vastu Phase I is delayed beyond 30 Dec 2021?

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 Kanchan Vastu Phase I?

The registered promoter entity is Sudhir Vasant Karnataki, an individual 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 Kanchan Vastu Phase I?

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 Kanchan Vastu Phase I?

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 Kanchan Vastu Phase I?

The professionals named in the filing: Architect: Ravindra Vaidya; Engineer: JW Consultant. 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 Kanchan Vastu Phase I?

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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