Home / Browse projects / Pune, Maharashtra / Kapil Grace
Kapil Grace
By Shree Bal Properties & Finance Pvt Ltd
RG-MH-99508 · RERA P52100049112 · Last updated on MahaRERA portal: 28 May 2025
Source: official MahaRERA filing
Red flags
- Completion date moved by 18 months
- 2 extensions taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
2 conditions are 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.
Kapil Grace is a Others project by Shree Bal Properties & Finance Pvt Ltd in Pune, Maharashtra, registered with MahaRERA as P52100049112 on 30 Jan 2023. The registration is recorded completed; possession was promised by 30 Sep 2025. The completion date has moved by 18 months from the original filing.
At a glance
Project
- NameKapil Grace
- TypeOthers
- Location
- Baner
- Haveli
- Pune
- 411045
- Pincode411045
- RERA no.P52100049112
- ReraGenie IDRG-MH-99508
Builder
- NameShree Bal Properties & Finance Pvt Ltd
- Entity typeCompany
- Managing DirectorsVrinda Sharad Bal, Sharad Dattatraya Bal
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on30 Jan 2023
- Promised completion30 Sep 2025
- Revised completionRevised to 30 Sep 2025 (originally 31 Mar 2024)
- Buildings1 building record
- Documents filed86 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Kapil Grace | NA | 6 | 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 28 May 2025, 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 Sanitary Fittings within the flats / premises, at 95%.
Kapil Grace: 90% 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 | 95% |
| 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 28 May 2025, 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 | Yes | 100% |
| Street Lighting | No | Not applicable |
| 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 | No | Not applicable |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | No | Not applicable |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed67
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 ownership
MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
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 | Amruta V Pedram |
| Engineer | Prashant Y Agnihotri |
| Chartered Accountant | SPAK & Co |
| Partner | Role in project |
|---|---|
| Shree Bal Properties & Finance Pvt Ltd | - |
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 promoterDue to late start as road was not finalized by Pune Municipal Corporation..
Reason as filed by the promoterI was planning to expand the project ,but there was delay in receiving the sanction plan from the local authority .This set back has postponed our project timeline as we need the official approval to proceed with the extension
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 16 Sep 2022 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 24 May 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 24 May 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 24 May 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 28 May 2025
Documents filed86
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 86 are shown. 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 |
|---|---|
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Kapil Grace - S No 154 Baner Occuoancy Certificate.pdf | 28 May 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3_Kapil Grace_March 25 (1)_compressed.pdf | 17 May 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 Architect Certificate_Mar 25.pdf | 25 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 Final_compressed.pdf | 25 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 Engineer Certificate_March 25.pdf | 25 Apr 2025 |
| Disclosure of sold/ booked inventoryFile: Sold Disclosure_March 2025.pdf | 25 Apr 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: FORM 5 2023-24.pdf | 17 Apr 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: QUALITY ASSURANCE CERTIFICATE - - KAPIL GRACE_20250416_0003.pdf | 16 Apr 2025 |
| Declaration in FORM BFile: FORM B_Promoter Declaration.pdf | 2 Apr 2025 |
| Disclosure of sold/ booked inventoryFile: Sold Disclosure Mar 2024.pdf | 27 Mar 2025 |
| Disclosure of sold/ booked inventoryFile: Sold Disclosure June 2024.pdf | 27 Mar 2025 |
| Disclosure of sold/ booked inventoryFile: Sold Disclosure Sept 2024.pdf | 27 Mar 2025 |
| Disclosure of sold/ booked inventoryFile: Sold Disclosure Dec 2024.pdf | 27 Mar 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: June 24____Form 3.pdf | 10 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Sep 24___Form 3.pdf | 10 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Dec 24___Form 3-compressed_1.pdf | 10 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Kapil G F1 Dec 2024.pdf | 31 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Kapil G F2 Dec 2024.pdf | 31 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Rera Architect Certificate.pdf | 21 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Rera Engineer Certificate.pdf | 21 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architech's Certificate.pdf | 1 Aug 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate.pdf | 1 Aug 2024 |
| Building plan approvalFile: 2024-4-16-15-57-35.pdf | 24 May 2024 |
| Building plan approvalFile: 2024-4-16-15-58-38.pdf | 24 May 2024 |
| Layout approvalFile: 2024-4-16-16-46-30_compressed.pdf | 24 May 2024 |
| Copy of Layout Approval (in case of layout)File: 2024-4-16-16-46-30_compressed.pdf | 24 May 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: 2024-4-16-15-57-35.pdf | 24 May 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: 2024-4-16-15-58-38.pdf | 24 May 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: REVISED COMMENCEMENT CERTIFICATE - CC-0039-24 - GRACE_0001.pdf | 24 May 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Signed Form 3_Kapil Grace_Mar 24.pdf | 29 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1_Archi Certificate_Kapil Grace_SBPFPL.pdf | 25 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2_Eng Certificate_Kapil Grace_SBPFPL.pdf | 25 Apr 2024 |
| Declaration in FORM BFile: Declaration, Supported by An Affidavit, Which shall be Signed by.pdf | 7 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: 3 Disclosure of sold_ booked inventory.pdf | 24 Jan 2024 |
| Disclosure of sold/ booked inventoryFile: Kapil Grace_Sold Disclosure.pdf | 24 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: rera.pdf | 24 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect's Certificate_Dec 23_2023-24.pdf | 22 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer's Certificate_Dec 2023_2023-24.pdf | 22 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect's Cert_Mar 23_Q4_2022-23.pdf | 20 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect's Cert_June 2023_Q1_2023-24.pdf | 20 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect's Cert_Sept 23_Q2_2023-24.pdf | 20 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Eng Cert_Mar 2023_Q4_2022-23.pdf | 20 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Eng Cert_June 2023_Q1_2023-24.pdf | 20 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Eng Cert_Sept 2023_Q2_2023-24.pdf | 20 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 23 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certficate_Kapil Grace_Sept 2023.pdf | 21 Oct 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Disclosure_Kapil Grace_Sept 2023.pdf | 21 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Eng Certificate_Q2_2023-24_Sept 2023.pdf | 20 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Eng Certificate_Q4_Shree Bal Properties.pdf | 12 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Eng Certificate_Q1_2023-24_Shree Bal Properties.pdf | 12 Oct 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A_Eng Certificate_SBPFPL.pdf | 7 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_March 2023.pdf | 23 Sep 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_June 2023.pdf | 23 Sep 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect's certificate_SBPFPL_154 Baner.pdf | 22 Sep 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Eng Certificate_Form 2.pdf | 22 Sep 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FORM 5 Kapil Grace.pdf | 13 Sep 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architech Certificate_June 2023.pdf | 11 Aug 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Eng Certificate_June 2023.pdf | 11 Aug 2023 |
| Disclosure of sold/ booked inventoryFile: Shree Bal Prop_Kapil Grance_Sold Declaration_Mar 23.pdf | 11 Aug 2023 |
| Disclosure of sold/ booked inventoryFile: Shree Bal Prop_Kapil Grance_Sold Declaration_June 23.pdf | 11 Aug 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate_compressed.pdf | 18 Jan 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Declaration_Sharad D Bal.pdf | 6 Jan 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Declaration_Vrinda S Bal.pdf | 6 Jan 2023 |
| CERSAI detailsFile: CERSAI_Search_Report_200256700291_For_Asset_Based_Search_04_01_2023_12_31_29_267.pdf | 4 Jan 2023 |
| CERSAI detailsFile: 1 CERSAI details.pdf | 4 Jan 2023 |
| Details of encumbrances concerned to FinanceFile: declaration regarding financial charge on loan.pdf | 29 Dec 2022 |
| Details of encumbrances concerned to LegalFile: declaration regarding financial charge on loan.pdf | 29 Dec 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_CA Certificate_compressed.pdf | 31 Oct 2022 |
| Proforma of Agreement for saleFile: Sale Agreement_154 Baner_SBPFPL.pdf | 22 Sep 2022 |
| Proforma of Allotment letterFile: Sale Agreement_154 Baner_SBPFPL.pdf | 22 Sep 2022 |
| Deviation Report with respect to model copy of AgreementFile: Deviation Report with respect to Sale Agreement.pdf | 22 Sep 2022 |
| Declaration about Commencement CertificateFile: DECLARATION for cc.pdf | 19 Sep 2022 |
| Declaration in FORM BFile: Form B_154 Baner_SBPFPL_compressed.pdf | 17 Sep 2022 |
| Layout approvalFile: LAYOUT PLAN.pdf | 16 Sep 2022 |
| Building plan approvalFile: BUILDING PLAN.pdf | 16 Sep 2022 |
| PAN CardFile: PAN Card.pdf | 16 Sep 2022 |
| Copy of the legal title reportFile: Legal title and Search Report_compressed-1.pdf | 16 Sep 2022 |
| Copy of the legal title reportFile: Legal title and Search Report_compressed-2.pdf | 16 Sep 2022 |
| Details of encumbrances concerned to FinanceFile: No Encumbrances Letter with respect to Finance.pdf | 16 Sep 2022 |
| Details of encumbrances concerned to LegalFile: No Encumbrances Letter with respect to Legal.pdf | 16 Sep 2022 |
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Buyer report
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Builder: Shree Bal Properties & Finance Pvt Ltd
Shree Bal Properties & Finance Pvt Ltd has 1 registration on MahaRERA, including Kapil Grace. 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 Kapil Grace is delayed beyond 30 Sep 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 Kapil Grace?
The registered promoter entity is Shree Bal Properties & Finance Pvt Ltd, a company 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 Kapil Grace?
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 Kapil Grace?
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 Kapil Grace?
The professionals named in the filing: Architect: Amruta V Pedram; Engineer: Prashant Y Agnihotri; Chartered Accountant: SPAK & Co. 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 Kapil Grace?
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; why the completion date was revised and what the new timeline depends on. The Rs 499 buyer report works through all of them from the filings.
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