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Registration lapsed No litigation declared Mixed project

Kasturi Flora

By Neel Construction

RG-MH-11662 · RERA P52100012898 · Last updated on MahaRERA portal: 26 Mar 2026

Source: official MahaRERA filing

Red flags

  • Registration lapsed
  • Possession 10 months past the filed date
  • Completion date moved by 72 months
  • 3 extensions taken

Clear

  • No litigation declared
  • No complaints on record
  • No encumbrance on the project land
  • Separate project account declared
  • Allotment letter follows the model form

4 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.

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Dec 2025Possession promised10 months past this date
9 of 11Construction stages doneacross 2 buildings; furthest along: Podiums (if any), 0%
28 of 57Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 88 documents Report an error

Kasturi Flora is a Mixed project by Neel Construction in Pune, Maharashtra, registered with MahaRERA as P52100012898 on 7 Sep 2017. Possession was promised by 31 Dec 2025 and is now 10 months past that date. The completion date has moved by 72 months from the original filing. 29 of the 57 units on this registration are recorded sold or booked, and 9 of 11 construction stages are filed complete.

At a glance

Project

  • NameKasturi Flora
  • TypeMixed
  • Location
    • G AT NO.904/2 t Pimpri Chinchawad (M Corp.)
    • Haveli
    • Pune
    • 412114
    • Pimpri Chinchawad (M Corp.)
    • Haveli
    • Pune
    • 412114
  • Pincode412114
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100012898
  • ReraGenie IDRG-MH-11662

Builder

  • NameNeel Construction
  • Entity typePartnership
  • GSTIN27AAMFN8041Q1ZH
  • PartnerVishwanath Vasant Jare
  • Other registrations1 more →
  • Completed1 of 2
  • No longer live1 lapsed, de-registered or revoked
  • Declared earlier projects4 →

Key dates

10 months past promisethis monthRegisteredSep 2017First promiseDec 2019Revised toDec 2025

Key facts

Registration and timeline

  • StatusRegistration lapsed
  • Registered on7 Sep 2017
  • Promised completion31 Dec 2025
  • Revised completionRevised to 31 Dec 2025 (originally 31 Dec 2019)
  • Buildings1 building record
  • Documents filed88 files

Current status

51%29 of 57 units booked

Figures as on 26 Mar 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Building-1NA75451257

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 building2

As on 26 Mar 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 across 2 buildings. The stage furthest along is Podiums (if any), at 0%.

Building-182%
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/Premises100%
Sanitary Fittings within the flats / premises100%
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.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%
NA Plot Without StructureNot stated
ActivityProgress
ExcavationNot applicable
Basement (if any)Not applicable
Podiums (if any)Not applicable
PlinthNot applicable
Stilt FloorNot applicable
Slabs of Super StructureNot applicable
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/PremisesNot applicable
Sanitary Fittings within the flats / premisesNot applicable
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water TanksNot applicable
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.Not applicable
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.Not applicable

Progress on shared amenities15

As on 26 Mar 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 facilityProposedProgress
Internal Roads & FootpathsYes100%
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes100%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes100%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes100%

Parking filed80

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 slots80
Closed/Covered50
Open Space30

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.

Land area3,200 sq m
Land owned byThe promoter, with other names on the file
Named landowners1
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on19 Feb 2026
LandownerVillageDistrict
Kasturi RealtyPimpri Chinchawad (M Corp.)Pune

Approvals and building plan

Sanctioning authorityPIMPRI CHINCHWAD MAHANAGARPALIKA.
Permissible FSI4307.6
Proposed, not sanctioned1,475 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 branchUttam Complex Thermax Chowk, Pune 411019

Certifying professionals and partners5

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectDesign Elements Architects Mr. Ajit Mane
EngineerE Struct Mr. Santosh Padsalge
EngineerJAY GANESH ASSOCIATES
Chartered AccountantPrashantsing Pardeshi
Chartered AccountantKaustubh p Gore
PartnerRole in project
Neel Construction-

Extensions applied for3

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EXT52100013371Dec 2019 → Dec 2025

Reason as filed by the promoterWe are all aware of the ongoing outbreak of the Coronavirus 2019 (COVID-19), which was recently declared a pandemic by the World Health Organization and the President and Governor have declared a national and state emergency, respectively. Although the situation continues to evolve rapidly, NEEL CONSTRUCTION remains fully committed to pursuing the completion of our work in a safe, diligent and reasonable manner under the current circumstances. We must recognize, however, there is a strong likelihood that we will encounter certain delays as a result of this pandemic. We have labour Shortage.

EXT52100010119Dec 2019 → Jun 2022

Reason as filed by the promoterDUE TO DELAY IN OBTAINING PERMISSIONS AND LOCKDOWN IMPOSED DUE TO COVID THE PROJECT WAS UNABLE TO GET COMPLETED ON TIME HOWEVER WE SHALL COMPLETE THE PROJECT BY THE NEW COMPLETION DATE

EXT52100003762Dec 2019 → Dec 2020

Reason as filed by the promoterWe didn’t get sanction for access road to the same project, as the road is already approved, so we have stopped developing the project . Now as we have sanction for the road as well for 2 more floors (Parking + 5 floors), we have restarted construction. As project development is already delayed and we need more time to complete the said project so we need an extension of 12 months from existing period commencing from 01/01/2020 and ending with 30/12/2020

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 1 Aug 2017
  2. Layout approvalOn the file

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

    uploaded 8 Aug 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 8 Aug 2017
  4. Commencement CertificateOn the file

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

    uploaded 8 Aug 2017Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 filed88

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 88 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.

DocumentUploaded
Form 1File: form 1 Q4.pdf26 Mar 2026
Form 2File: Form-2 mar Q.pdf26 Mar 2026
Form 3File: March qtr new.pdf26 Mar 2026
Disclosure of Sold and Booked InventoryFile: DISCLOSURE OF SOLD unsold signe.pdf26 Mar 2026
Disclosure of Sold and Booked InventoryFile: sign Disclosure of Sold Neel Construction 1st Qtr2025-26_0001_0001.pdf26 Mar 2026
Form 1File: form 1 june.pdf26 Mar 2026
Form 3File: June Qtr new.pdf26 Mar 2026
Form 2File: form 2 q1.pdf26 Mar 2026
Form 1File: form 1 q2.pdf26 Mar 2026
Form 2File: form2 q2.pdf26 Mar 2026
Form 3File: sep qtr new.pdf26 Mar 2026
Disclosure of Sold and Booked InventoryFile: Disclosure of Sold unsold signed.pdf26 Mar 2026
Form 2File: form 2 q3.pdf26 Mar 2026
Form 1File: form 1 Q3.pdf26 Mar 2026
Form 3File: Dec Qtr New.pdf26 Mar 2026
Disclosure of Sold and Booked InventoryFile: disclosure of sold and unsold signed.pdf26 Mar 2026
Form 5 (FY 2024-2025)File: form 5 signed.pdf20 Feb 2026
Form 2A (FY 2024-2025)File: Form-2A Engineers Certificate Neel Const 20-12-25_0001.pdf17 Feb 2026
Certificates of CA (Form 3)File: OCT TO DEC 24 FORM3.pdf24 Jan 2025
Certificates of CA (Form 3)File: form 3 july to sep 24_compressed.pdf24 Jan 2025
Certificates of CA (Form 3)File: FORM 3 apr to june 24.pdf23 Jan 2025
Certificates of CA (Form 3)File: form 3 jan to march 24.pdf23 Jan 2025
Certificates of CA (Form 3)File: form 3 oct to dec 23 f_compressed.pdf23 Jan 2025
Certificates of CA (Form 3)File: form 3 apr to june 23 F.pdf23 Jan 2025
Certificates of CA (Form 3)File: FORM 3 oct to dec 22.pdf23 Jan 2025
Certificates of CA (Form 3)File: form 3 july to sep 23.pdf23 Jan 2025
Certificates of CA (Form 3)File: jan23tomarch23.pdf22 Jan 2025
Certificates of CA (Form 3)File: form 3 july to sep 22 F.pdf22 Jan 2025
Certificates of CA (Form 3)File: Form 3 1 April 22 to 30 june 22 f.pdf22 Jan 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 06 Form2 010723300923.pdf22 Jan 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 11 Form2011024311224.pdf22 Jan 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 10 Form2010724300924.pdf22 Jan 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 09 Form2010424300624.pdf22 Jan 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 08 Form2010124310324.pdf22 Jan 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 07 Form1011023312223.pdf22 Jan 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form2 ReraNeel010423300623.pdf22 Jan 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form2ReraNeel 010123310323.pdf22 Jan 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 03 Form2011022311222.pdf22 Jan 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 02 Form2 010722300922.pdf22 Jan 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 01 Form2 010422300622.pdf22 Jan 2025
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 02 Form-1 Rera Q2 22-23.pdf21 Jan 2025
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: NEEL FORM 1 RERA Q322-23.pdf21 Jan 2025
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: NEEL FORM 1 RERA Q4 22-23.pdf21 Jan 2025
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 05 Form1 ReraNeel 010423300623.pdf21 Jan 2025
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 06 Form1 ReraNeel 010723300923.pdf21 Jan 2025
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 07 Form1 ReraNeel 011023311223.pdf21 Jan 2025
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 08 Form1 ReraNeel010124310324.pdf21 Jan 2025
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 09 Form1 ReraNeel 010424300624.pdf21 Jan 2025
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 10 Form1 ReraNeel010724300924.pdf21 Jan 2025
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 11 Form1 ReraNeel011024311224.pdf21 Jan 2025
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 01 Form-1 NEELQ122-23.pdf21 Jan 2025
Disclosure of sold/ booked inventoryFile: DECLARATION SOLD UNSOLD SIGN.pdf20 Jan 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form 5 21-22.pdf20 Jan 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Engineers Certificate_Neel Const march 23.pdf20 Jan 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: form 5 22-23.pdf20 Jan 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Engineers Certificate_Neel Const march 24.pdf20 Jan 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: form 5 23-24.pdf20 Jan 2025
Declaration about Commencement CertificateFile: NEEL CONST SEC 32.pdf29 Jul 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: 2A qulity assurance FY 2019-20.pdf29 Jul 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: 2A qulity assurance FY 2020-21.pdf29 Jul 2021
Disclosure of sold/ booked inventoryFile: booking disclosure.pdf29 Jul 2021
Disclosure of sold/ booked inventoryFile: Booking Letter_r.pdf29 Jul 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Form 5 FY 2018-19.PDF29 Jul 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Form 5 FY 2019-20.PDF29 Jul 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5 FY 2020-21.PDF29 Jul 2021
OtherFile: Buyer consent_R.pdf29 Jul 2021
Certificates of CA (Form 5)File: Form 5 CA Certificate.pdf29 Sep 2018
Certificates of CA (Form 5)File: Form 5 CA Certificate.pdf29 Sep 2018
Building plan approval or NA orderFile: layout.pdf8 Aug 2017
Layout approvalFile: Blue-Print-2-2.pdf8 Aug 2017
Layout approvalFile: Blue-Print-3-3.pdf8 Aug 2017
Layout approvalFile: Blue-Print-4-4.pdf8 Aug 2017
Layout approvalFile: Blue-Print-5-5.pdf8 Aug 2017
Details of encumbrancesFile: Encumbrances.pdf8 Aug 2017
Copy of Layout Approval (in case of layout)File: Blue-Print-2-2.pdf8 Aug 2017
Copy of Layout Approval (in case of layout)File: Blue-Print-3-3.pdf8 Aug 2017
Copy of Layout Approval (in case of layout)File: Blue-Print-4-4.pdf8 Aug 2017
Copy of Layout Approval (in case of layout)File: Blue-Print-5-5.pdf8 Aug 2017
Building Plan Approval (IOD)File: layout.pdf8 Aug 2017
Commencement Certificates / NA Order for plotted developmentFile: Full page photo.pdf8 Aug 2017

Promoter's earlier projects4

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.

4 under way, not due yet
ProjectLocationFlatsRegisteredStatusPromisedDelivered
BLUE SKYP52100051642PCMC CHIKHALI, Pune22Jun 2023OngoingDec 2028Not due yet
SUNBLISS VILLAPR1260002501526VADGAON MAVAL, Pune21Nov 2025OngoingDec 2027Not due yet
ABHANG RECIDENCYP52100027212DEHU, Pune19Nov 2020OngoingJun 2027Registered original: Jun 2024Not due yet
SILVER TOUCHP52100020228Chikhali, Pune110Mar 2019OngoingDec 2026Registered original: Sep 2021Not due yet

How this compares with Pune

51%of this project is bookeddistrict median 31%
26%of Pune projects moved their completion datethis one moved by 72 months
26%of Pune registrations have lapsed or been cancelledthis one is among them

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 Pimpri Chinchawad (M Corp.)13,700+ in Pune

2 kmKasturi FloraCompleted 12Lapsed / revoked 12Dot size: filed unitsN

Filed coordinates, straight-line distance. 24 registered projects within 2 km.

Builder: Neel Construction

Neel Construction has 2 registrations on MahaRERA, including Kasturi Flora and PRECIOUS HERITAGE. Its filings disclose 4 earlier MahaRERA projects, none completed yet. Read the full track record. See more projects on the Pune district page.

Frequently asked questions

What does it mean that Kasturi Flora shows as registration lapsed on MahaRERA?

A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.

What are my rights if Kasturi Flora is delayed beyond 31 Dec 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 Kasturi Flora?

The registered promoter entity is Neel Construction, a partnership as per the filing. Its GSTIN 27AAMFN8041Q1ZH 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 Kasturi Flora?

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 Kasturi Flora?

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 Kasturi Flora?

The professionals named in the filing: Architect: Design Elements Architects Mr. Ajit Mane; Engineer: E Struct Mr. Santosh Padsalge; Engineer: JAY GANESH ASSOCIATES; Chartered Accountant: Prashantsing Pardeshi; Chartered Accountant: Kaustubh p Gore. 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 Kasturi Flora?

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.

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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