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Registration lapsed No litigation declared Residential / Group Housing project

L Axis Phase II Cluster B

By Pharande Promoters and Builders

RG-MH-16177 · RERA P52100025227 · Last updated on MahaRERA portal: 24 Jan 2025

Source: official MahaRERA filing

Red flags

  • Registration lapsed
  • Possession 25 months past the filed date
  • Rs 145.00 crore secured on the land, in favour of CATALYST TRUSTEESHIP LIMITED

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form

3 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.
Sep 2024Possession promised25 months past this date
11 of 11Construction stages doneevery applicable stage filed complete
0Complaints at MahaRERAon this registration
Jump to the 29 documents Report an error

L Axis Phase II Cluster B is a Residential / Group Housing project by Pharande Promoters and Builders in Pune, Maharashtra, registered with MahaRERA as P52100025227 on 23 Mar 2020. Possession was promised by 30 Sep 2024 and is now 25 months past that date.

At a glance

Project

  • NameL Axis Phase II Cluster B
  • TypeResidential / Group Housing
  • Location
    • Spine Road
    • Moshi
    • Pimpri Chinchawad (M Corp.)
    • Haveli
    • Pune
    • 412105
  • Pincode412105
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100025227
  • ReraGenie IDRG-MH-16177

Builder

  • NamePharande Promoters and Builders
  • Entity typePartnership
  • GSTIN27AAHFP9748F1ZR
  • GSTIN is from this promoter's other MahaRERA registrations. This project's own filing does not repeat it.
  • PartnersAkash Rajendra Pharande, Ramesh Jayram Pharande, Ravindra Jayram Pharande, Pharande Promoters and Builders Pvt Ltd, Anil Jayram Pharande
  • Other registrations20 more →
  • Completed5 of 21
  • No longer live5 lapsed, de-registered or revoked
  • Declared earlier projects5 →

Key dates

25 months past promisethis monthRegisteredMar 2020PromisedSep 2024

Key facts

Registration and timeline

  • StatusRegistration lapsed
  • Registered on23 Mar 2020
  • Promised completion30 Sep 2024
  • Revised completionNone
  • Buildings1 building record
  • Documents filed29 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
LNA170000

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 24 Jan 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.

11 of 11 construction stages are filed complete.

L: 100% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
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 amenities17

As on 24 Jan 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 facilityProposedProgress
Internal Roads & FootpathsYes100%
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes100%
Street LightingYes100%
Community BuildingsYes100%
Treatment And Disposal Of Sewage And Sullage WaterYes100%
Solid Waste Management And DisposalYes100%
Water conservation /Rain water harvestingYes100%
Energy managemcntYes100%
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceYes100%
Open ParkingYes100%
Swimming PoolYes100%
Multipurpose CourtYes100%

Parking filed1

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 slots1
Closed/Covered1

Land and ownership

A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.

Land area1,278 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared present
Charge in favour ofCATALYST TRUSTEESHIP LIMITED
Secured amountRs 145.00 crore
CERSAI search filedYes
Declared on3 May 2026

Approvals and building plan

Permissible FSI3431.2
Proposed, not sanctioned3,431 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 branchPimpri, 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
ArchitectLandmark Design Group
EngineerAnil Shinde
Chartered AccountantCA Jayant Daharwal
PartnerRole in project
Pharande Promoters and Builders-

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 17 Mar 2020
  2. Layout approvalOn the file

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

    uploaded 18 Mar 2020
  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 18 Mar 2020
  4. Commencement CertificateOn the file

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

    uploaded 18 Mar 2020Confirm 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 27 Nov 2024

Documents filed29

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 of Percentage of Completion of Work (Form 1)File: L AXIS PHASE II CLUSTER B_ARCHITECT CERTIFICATE_DECEMBER-24_ FORM-1.pdf24 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: L AXIS PHASE II CLUSTER B_ARCHITECT CERTIFICATE_SEP-24_ FORM-1.pdf9 Dec 2024
Architect’s Certificate on Completion of Project (Form 4)File: Architect’s Certificate (Form 4) Completion Certificate.pdf27 Nov 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: L Axis Phase II Cluster B_Completion Certificate.pdf27 Nov 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: L AXIS PHASE II CLUSTER B_CA CERTIFICATE_FORM-5_2023-24.pdf16 Nov 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: LAXIS PHASE II CLUSTER B_ARCHITECT CERTIFICATE_JUNE-24_ FORM-1.pdf24 Jul 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: L AXIS PHASE-2 CLUSTER-B_ENGINEER CERTIFICATE_JUNE-24_FORM-2.pdf24 Jul 2024
Disclosure of sold/ booked inventoryFile: LAXIS PHASE II CLUSTER B_SOLD UN-SOLD_JUNE-24.pdf24 Jul 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 22_L-AXIS PHASE II CLUSTER B_ARCHITECT CERTIFICATE_MAR-24_compressed.pdf21 May 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 22_L-AXIS PHASE II CLUSTER B_ENGINEER CERTIFICATE_MAR-24_FORM-2_compressed.pdf21 May 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: 15_LAXIS PHASE II CLUSTER B_QUALITY CERTIFICATE_FORM-2A_2023-24_compressed.pdf13 May 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: 24_L AXIS PHASE II CLUSTER B_P52100025227_2022-23_compressed.pdf30 Mar 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: 10_L AXIS PHASE II CLUSTER B_P52100025227_2020-21.pdf16 May 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: 13_L AXIS PHASE II CLUSTER B_P52100025227_2019-20.pdf15 May 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form 5 - L Axis phase II Cluster B.pdf13 Dec 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERTIFICATE.pdf19 Mar 2020
Layout approvalFile: LAYOUT PLAN.pdf18 Mar 2020
Building plan approvalFile: PLAN1.pdf18 Mar 2020
Building plan approvalFile: PLAN2.pdf18 Mar 2020
Copy of Layout Approval (in case of layout)File: LAYOUT PLAN.pdf18 Mar 2020
Building Plan Approval / NA Order for plotted developmentFile: PLAN1.pdf18 Mar 2020
Building Plan Approval / NA Order for plotted developmentFile: PLAN2.pdf18 Mar 2020
Commencement Certificates / NA Order for plotted developmentFile: COMMENCEMENT CERTIFICATE.pdf18 Mar 2020
Proforma of Allotment letterFile: AGREEMENT DRAFT.pdf18 Mar 2020
OtherFile: CONSENT LETTER.pdf18 Mar 2020
Copy of the legal title reportFile: TITLE SEARCH.pdf17 Mar 2020
Details of encumbrancesFile: ENCUMBRANCE.pdf17 Mar 2020
Declaration in FORM BFile: FORM B.pdf17 Mar 2020
PAN CardFile: PANCARD.pdf14 Mar 2020

Promoter's earlier projects5

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.

5 delivered late
ProjectLocationFlatsStatusPromisedDelivered
Woodsville Phase 2Gat No 103 109 and 110 Moshi Borhadewadi Near MNGL Gas Station Off Spine Road PCMC Pune235CompletedApr 2016Late, Apr 2017
Woodsville Phase 3Gat No 725 Moshi Borhadewadi Near MNGL Gas Station Off Spine Road PCMC Pune127CompletedMar 2016Late, Apr 2017
L-Axis Phase 1 Part APlot No 12 Sector 6 Moshi Pradhikaran141CompletedMar 2016Late, Apr 2017
Woodsville Phase 1 Cluster BGat No 97 Moshi Borhadewadi Near MNGL Gas Station Off Spine Road PCMC Pune184CompletedJan 2015Late, Apr 2016
Woodsville Phase 1 Cluster AGat No 97 Moshi Borhadewadi Near MNGL Gas Station Off Spine Road PCMC Pune376CompletedSep 2012Late, Dec 2013

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 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 Moshi13,700+ in Pune

2 kmL Axis Phase II Cluster Completed 35Lapsed / revoked 14Other 32Dot size: filed unitsN

Filed coordinates, straight-line distance. 81 registered projects within 2 km.

Builder: Pharande Promoters and Builders

Pharande Promoters and Builders has 21 registrations on MahaRERA, including L Axis Phase 1 Cluster B and Woodsville Phase 3 Cluster B. Its filings disclose 5 earlier MahaRERA projects: declares 0 of 5 past projects completed on time. Read the full track record. See more projects on the Pune district page.

Frequently asked questions

What does it mean that L Axis Phase II Cluster B 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 L Axis Phase II Cluster B is delayed beyond 30 Sep 2024?

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 L Axis Phase II Cluster B?

The registered promoter entity is Pharande Promoters and Builders, a partnership as per the filing. Its GSTIN 27AAHFP9748F1ZR 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 L Axis Phase II Cluster B?

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 L Axis Phase II Cluster B?

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 L Axis Phase II Cluster B?

The professionals named in the filing: Architect: Landmark Design Group; Engineer: Anil Shinde; Chartered Accountant: CA Jayant Daharwal. 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 L Axis Phase II Cluster B?

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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