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Completed No litigation declared Residential / Group Housing project

Kasturi Homes

By JAY PROPERTIES

RG-MH-41865 · RERA P52100017578 · Last updated on MahaRERA portal: 9 Feb 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

Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 1 other registration.

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Dec 2022Possession promisedregistration recorded completed
20 of 22Construction stages doneacross 2 buildings; furthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 94 documents Report an error

Kasturi Homes is a Residential / Group Housing project by JAY PROPERTIES in Pune, Maharashtra, registered with MahaRERA as P52100017578 on 28 Aug 2018. The registration is recorded completed; possession was promised by 30 Dec 2022.

At a glance

Project

  • NameKasturi Homes
  • TypeResidential / Group Housing
  • Location
    • Beside ABC Farms
    • Near Sameer Lawns
    • Kiwale
    • Pimpri Chinchawad (M Corp.)
    • Haveli
    • Pune
    • 412101
  • Pincode412101
  • RERA no.P52100017578
  • ReraGenie IDRG-MH-41865

Builder

  • NameJAY PROPERTIES
  • Entity typePartnership
  • PartnersHareshkumar Dahyabhai Patel, CHHAYABEN DIPAKKUMAR PATEL, Fenil Deepak Patel, Shilpaben Bharatkumar Patel, Rasikkumar Somjibhai Patel
  • Other registrations1 more →
  • Completed2 of 2

Key dates

this monthRegisteredAug 2018PromisedDec 2022Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on28 Aug 2018
  • Promised completion30 Dec 2022
  • Revised completionNone
  • Buildings2 building records
  • Documents filed94 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A/WingNA140000
B/WingNA130000

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 9 Feb 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.

20 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Podiums (if any), at 0%.

A/Wing91%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
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%
B/Wing91%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
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%

Progress on shared amenities15

As on 9 Feb 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 & FootpathsYes100%
Water SupplyYes80%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes100%
Street LightingYes100%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes100%
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 SpaceYes100%
Open ParkingYes0%

Parking filed121

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 slots121
Closed/Covered36
Open Space85
BuildingClosed/CoveredOpen SpaceTotal
A/Wing163955
B/Wing204666

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 area3,587 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI6150.41
Proposed, not sanctioned5,567 sq m
Buildings approved2
Buildings sanctioned2

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 branchHDFC Bank Thermax Chowk Branch Sambhaji Nagar Chinchwad Pune

Certifying professionals and partners3

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

RoleName
ArchitectUnusual Spaces Sachin Sutar
EngineerSarvasiddhanth Consultancy
EngineerNiket Patel
PartnerRole in project
JAY PROPERTIES-

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 11 Aug 2018
  2. Layout approvalOn the file

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

    uploaded 11 Aug 2018
  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 9 Aug 2021
  4. Commencement CertificateOn the file

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

    uploaded 9 Aug 2021Confirm 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 14 Jul 2022

Documents filed94

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 94 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
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: FORM 5 21-22.pdf9 Feb 2023
Architect’s Certificate on Completion of Project (Form 4)File: FORM 4.pdf2 Aug 2022
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: COMPATION CERTIFICATE.pdf14 Jul 2022
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate 31-01-2022.pdf2 Feb 2022
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate 05-01-2022.pdf8 Jan 2022
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate 07-12-2021_compressed.pdf10 Dec 2021
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engg Certificate 18-10-2021.pdf26 Oct 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Jay Properties.pdf19 Oct 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: JAY PROPERTIES 2020-21.pdf19 Oct 2021
Status of Formation of Legal Entity (Society/Co Op etc.)File: Kasturi Homes Society Formation Registration Letter.pdf20 Sep 2021
Building plan approvalFile: scan 001.pdf9 Aug 2021
Building plan approvalFile: scan 002.pdf9 Aug 2021
Building plan approvalFile: scan 003.pdf9 Aug 2021
Building plan approvalFile: scan 004.pdf9 Aug 2021
Building plan approvalFile: scan 005.pdf9 Aug 2021
Building plan approvalFile: scan 006.pdf9 Aug 2021
Building plan approvalFile: scan 007.pdf9 Aug 2021
Building plan approvalFile: scan 008.pdf9 Aug 2021
Building plan approvalFile: scan 009.pdf9 Aug 2021
Building plan approvalFile: scan 010.pdf9 Aug 2021
Building plan approvalFile: scan 011.pdf9 Aug 2021
Building Plan Approval (IOD)File: scan 001.pdf9 Aug 2021
Building Plan Approval (IOD)File: scan 002.pdf9 Aug 2021
Building Plan Approval (IOD)File: scan 003.pdf9 Aug 2021
Building Plan Approval (IOD)File: scan 004.pdf9 Aug 2021
Building Plan Approval (IOD)File: scan 005.pdf9 Aug 2021
Building Plan Approval (IOD)File: scan 006.pdf9 Aug 2021
Building Plan Approval (IOD)File: scan 007.pdf9 Aug 2021
Building Plan Approval (IOD)File: scan 008.pdf9 Aug 2021
Building Plan Approval (IOD)File: scan 009.pdf9 Aug 2021
Building Plan Approval (IOD)File: scan 010.pdf9 Aug 2021
Building Plan Approval (IOD)File: scan 011.pdf9 Aug 2021
Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate 02-08-2021.pdf9 Aug 2021
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate 04-08-2021.pdf5 Aug 2021
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Letter 10-06-2021.pdf18 Jun 2021
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate 01-02-2021.pdf30 Jan 2021
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate 25-11-2020.pdf9 Jan 2021
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 01.pdf29 Sep 2020
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate 14-03-2020.pdf17 Mar 2020
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate 28-01-2020.pdf5 Feb 2020
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engg Certificate 31-01-2020.pdf5 Feb 2020
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Letter 10-01-2020.pdf13 Jan 2020
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Form 5 JAY PROPERTIES 2.pdf11 Jan 2020
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate 09-12-2019.pdf12 Dec 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Letter 15-11-2019.pdf19 Nov 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Letter 15-11-2019_compressed.pdf19 Nov 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate 16-10-2019.pdf22 Oct 2019
Form 2AFile: Form 2A 28-09-2019.pdf30 Sep 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate 20-09-2019.pdf20 Sep 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Letter 25-07-2019.pdf31 Jul 2019
Form 2AFile: Form 2a 22-06-2019.pdf22 Jun 2019
Certificates of CA (Form 3)File: JAY PROPERTIES2.pdf18 Jun 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 03-06-2019.pdf7 Jun 2019
Certificates of CA (Form 3)File: Jay Properties CA Form 3.pdf10 May 2019
Commencement Certificates / NA Order for plotted developmentFile: Commisement Letter 26-09-2018 -1.pdf12 Apr 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Letter 31-03-2019 - 1.pdf11 Apr 2019
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engg Certificate 31-03-2019.pdf11 Apr 2019
Form 2AFile: Form 2A 31-03-2019.pdf1 Apr 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate 05-03-19.pdf6 Mar 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: A-Wing 12-01-2019.pdf14 Jan 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: B-Wing 12-01-2019.pdf14 Jan 2019
Proforma of Allotment letterFile: New AGREEMENT 14-01-2019.pdf14 Jan 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate 24-11-18.pdf24 Nov 2018
Layout approvalFile: Layout Plan 1.pdf11 Aug 2018
Building plan approvalFile: Plan 2.pdf11 Aug 2018
Building plan approvalFile: Plan 3.pdf11 Aug 2018
Building plan approvalFile: Plan 4.pdf11 Aug 2018
Building plan approvalFile: Plan 5.pdf11 Aug 2018
Building plan approvalFile: Plan 6.pdf11 Aug 2018
Building plan approvalFile: Plan 7.pdf11 Aug 2018
Building plan approvalFile: Plan 8.pdf11 Aug 2018
Building plan approvalFile: Plan 9.pdf11 Aug 2018
Building plan approvalFile: Plan 10.pdf11 Aug 2018
Building plan approvalFile: Plan 11.pdf11 Aug 2018
Copy of the legal title reportFile: Search and Title Report.pdf11 Aug 2018
Copy of Layout Approval (in case of layout)File: Layout Plan 1.pdf11 Aug 2018
Building Plan Approval (IOD)File: Plan 2.pdf11 Aug 2018
Building Plan Approval (IOD)File: Plan 3.pdf11 Aug 2018
Building Plan Approval (IOD)File: Plan 4.pdf11 Aug 2018
Building Plan Approval (IOD)File: Plan 5.pdf11 Aug 2018

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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Other projects near Kiwale13,700+ in Pune

Builder: JAY PROPERTIES

JAY PROPERTIES has 2 registrations on MahaRERA, including NAKSHATRA - C BUILDING and Kasturi Homes. 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 Kasturi Homes is delayed beyond 30 Dec 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 Kasturi Homes?

The registered promoter entity is JAY PROPERTIES, 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 Kasturi Homes?

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 Homes?

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 Homes?

The professionals named in the filing: Architect: Unusual Spaces Sachin Sutar; Engineer: Sarvasiddhanth Consultancy; Engineer: Niket Patel. 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 Homes?

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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