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Registered Litigation declared Residential / Group Housing project

Lotus Court Phase -II

By KRISHNA CONSTRUCTIONS

RG-MH-82241 · RERA P52100047958 · Last updated on MahaRERA portal: 29 Jul 2026

Source: official MahaRERA filing

Red flags

  • Litigation declared, 3 cases
  • 2 complaints at MahaRERA
  • Completion date moved by 24 months
  • 2 extensions taken

Clear

  • No encumbrance on the project land
  • Separate project account declared
  • Allotment letter follows the model form
  • All 1 earlier projects delivered on promise

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.

See what the report covers Free either way: .
Dec 2026Possession promisedmoved 24 months from the original
10 of 11Construction stages donefurthest along: Podiums (if any), 0%
8 of 16Units unsoldnot recorded sold or booked
2Complaints at MahaRERAon this registration
Jump to the 87 documents Report an error

Lotus Court Phase -II is a Residential / Group Housing project by KRISHNA CONSTRUCTIONS in Kharadi, Pune, 411014, registered with MahaRERA as P52100047958 on 2 Dec 2022. Possession is promised by 31 Dec 2026. The completion date has moved by 24 months from the original filing. 8 of the 16 units on this registration are recorded sold or booked, and 10 of 11 construction stages are filed complete. 2 complaints are on record with the regulator.

At a glance

Project

  • NameLotus Court Phase -II
  • TypeResidential / Group Housing
  • Location
    • Old Kharadi Mundhwa Road
    • Kharadi
    • Pune
    • 411014
  • Pincode411014
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100047958
  • ReraGenie IDRG-MH-82241

Builder

  • NameKRISHNA CONSTRUCTIONS
  • Entity typePartnership
  • PartnersSHIKHA M MIISTRY, MITTAL P MISTRY
  • Other registrations5 more →
  • Completed4 of 6
  • Declared earlier projects6 →

Key dates

this monthRegisteredDec 2022First promiseDec 2024Revised toDec 2026

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on2 Dec 2022
  • Promised completion31 Dec 2026
  • Revised completionRevised to 31 Dec 2026 (originally 31 Dec 2024)
  • Buildings1 building record
  • Documents filed87 files

Current status

50%8 of 16 units booked
81.5%Work done, per cost certificate

Figures as on 29 Jul 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A wing and B Wing 15th and 16th FloorNA2216016

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 29 Jul 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.

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

A wing and B Wing 15th and 16th Floor: 91% average across the applicable activities

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 29 Jul 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 SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes100%
Street LightingYes100%
Community BuildingsYes0%
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 SpaceYes0%
Open ParkingNoNot applicable

Land and ownership

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 area1,613 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on20 Dec 2025

Approvals and building plan

Sanctioning authorityPune Municipal Corporation
Permissible FSI2074.92
Proposed, not sanctioned2,075 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 branch1548 BY A, SADASHIV PETH,OFF TILAK ROAD , PUNE, PIN 411030
Estimated costRs 6.75 cr
Cost incurredRs 5.50 cr
Work done81.48%
BuildingWingEstimatedIncurred
A wing and B Wing 15th and 16th FloorNARs 5.50 crRs 5.50 cr
-NARs 1.25 cr-

Certifying professionals and partners6

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

RoleName
ArchitectSumit Verma
ArchitectCatalyser Design
EngineerHansal Parekh
EngineerMOHDILIYAS ASGAR ALI BHISTI
Chartered AccountantCA Rutuja Narsingh & Associates
Chartered AccountantTushar Mehta & Co.
PartnerRole in project
KRISHNA CONSTRUCTIONS-

Extensions applied for2

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

EXT52100024902Dec 2024 → Dec 2025

Reason as filed by the promoterDELAY FROM THE ENVIRONMENT CLEARANCE DEPARTMENT

EA26122519017Dec 2024 → Dec 2026

Reason as filed by the promoterThe delay has occurred due to several unforeseen circumstances, related to environmental clearance. Additionally, a court case was filed and High court issued stay order on 16/07/2024, which remained in effect until 10/06/2025, this legal restriction significantly affected progress of project during that period. It is also important to state that the project is being developed in two phases i.e. Lotus Court Phase 1, comprising plans from 1st to the 14th Floor which obtained Occupancy Certificate as on 09/11/2023 & Lotus Court Phase 2, comprising plans of 15th and 16th floor. Despite these setb

Litigation declared3

CaseCourtStatus
1869/2023/2023Civil Court Senior DivisionOngoing
744/2024High Court of Judicature at BombayClosed
7326/2025Supreme Court of IndiaClosed

Complaints filed with MahaRERA2

Case no.ComplainantRespondentFiled
CC12600003Pratikkumar Ashok ShahaKRISHNA CONSTRUCTIONS01/01/2026
CC12601400Anushree DasKRISHNA CONSTRUCTIONS13/03/2026

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 9 Nov 2022
  2. Layout approvalOn the file

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

    uploaded 9 Nov 2022
  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 5 Nov 2022
  4. Commencement CertificateOn the file

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

    uploaded 5 Nov 2022Confirm the Commencement Certificate covers the specific floor you are buying.
  5. Occupancy CertificateNot due yet

    The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.

    possession is promised for 31 Dec 2026

Documents filed87

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 87 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
Withdrawal Update Form 1File: Form - 1_compressed.pdf29 Jul 2026
Withdrawal Update Form 1File: Form - 1_compressed.pdf29 Jul 2026
Withdrawal Update Form 1File: Form - 1_compressed.pdf29 Jul 2026
Withdrawal Update Form 2File: Form - 2_compressed.pdf29 Jul 2026
Withdrawal Update Form 2File: Form - 2_compressed.pdf29 Jul 2026
Withdrawal Update Form 2File: Form - 2_compressed.pdf29 Jul 2026
Withdrawal Update Form 3File: FORM - 3_compressed.pdf29 Jul 2026
Withdrawal Update Form 3File: FORM - 3_compressed.pdf29 Jul 2026
Withdrawal Update Form 3File: FORM - 3_compressed.pdf29 Jul 2026
Withdrawal Update Form 1File: Form - 1_compressed.pdf20 Apr 2026
Withdrawal Update Form 2File: Form - 2_compressed.pdf20 Apr 2026
Withdrawal Update Form 3File: FORM-3.pdf20 Apr 2026
Withdrawal Update Form 1File: Form - 1_compressed.pdf25 Feb 2026
Withdrawal Update Form 2File: Form - 2_compressed.pdf25 Feb 2026
Withdrawal Update Form 3File: Form - 3_compressed.pdf25 Feb 2026
Form 1File: Form - 1_compressed.pdf27 Oct 2025
Form 2File: Form - 2_compressed.pdf27 Oct 2025
Form 3File: Form - 3_compressed.pdf27 Oct 2025
Disclosure of Sold and Booked InventoryFile: Disclosure of Sold.pdf27 Oct 2025
Self-declaration of Quarterly ProgressFile: Declaration.pdf27 Oct 2025
Form 2A (FY 2024-2025)File: Form -2A_compressed.pdf27 Oct 2025
Form 1File: Form - 1_compressed.pdf18 Jul 2025
Form 2File: Form - 2_compressed.pdf18 Jul 2025
Form 3File: Form - 3_compressed.pdf18 Jul 2025
Disclosure of Sold and Booked InventoryFile: Disclosure.pdf18 Jul 2025
Self-declaration of Quarterly ProgressFile: Declaration.pdf18 Jul 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form -1_compressed.pdf25 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form -3_compressed.pdf25 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form -2_compressed.pdf25 Apr 2025
Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD.pdf15 Mar 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: FORM 2A-31-3-2023_compressed.pdf15 Mar 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM 2A-31-3-2024_compressed.pdf15 Mar 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM -1_compressed.pdf28 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM-3_compressed.pdf28 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM -2_compressed.pdf28 Jan 2025
Other - TechnicalFile: LETTER.pdf28 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Dec 22.pdf9 Nov 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Sep 23.pdf9 Nov 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Dec 23.pdf9 Nov 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Mar 24.pdf9 Nov 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Sep 24.pdf9 Nov 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Mar 24.pdf9 Nov 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Sep 24_compressed.pdf9 Nov 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Dec 23.pdf9 Nov 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Sep 23.pdf9 Nov 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Dec 22.pdf9 Nov 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Dec 22.pdf9 Nov 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Sep 23.pdf9 Nov 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Dec 23.pdf9 Nov 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Mar 24.pdf9 Nov 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: June 24.pdf9 Nov 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Sep 24.pdf9 Nov 2024
Disclosure of sold/ booked inventoryFile: Disclosure of Sold.pdf9 Nov 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5.pdf9 Aug 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1_compressed.pdf8 Aug 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2_compressed.pdf8 Aug 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM 2A_compressed.pdf8 Aug 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3_compressed.pdf8 Aug 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1-30-6-23_compressed.pdf25 Aug 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2-31-3-23_compressed.pdf25 Aug 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2-30-6-23_compressed.pdf25 Aug 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A-31-3-23-II_compressed.pdf25 Aug 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3-30-6-23_compressed.pdf25 Aug 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FORM 5 FY 2022 23.pdf24 Aug 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FORM 5 FY 2022 23.pdf24 Aug 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form-1_compressed.pdf9 Aug 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form-3_compressed.pdf9 Aug 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: organized (33).pdf24 Nov 2022
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Format 'A'.pdf21 Nov 2022
Layout approvalFile: Plan - Lotus_rotated.pdf9 Nov 2022
Copy of the legal title reportFile: Title Report_11zon.pdf9 Nov 2022
Copy of Layout Approval (in case of layout)File: Plan - Lotus_rotated.pdf9 Nov 2022
Proforma of Allotment letterFile: Allotment Letter_Krishna Construction_Lotus Court_21_10_2022.pdf9 Nov 2022
Proforma of Agreement for saleFile: Draft AFS_Krishna Construction_Lotus Court_21_10_2022.pdf9 Nov 2022
Details of encumbrances concerned to FinanceFile: Encu FOR Finance.pdf7 Nov 2022
Details of encumbrances concerned to FinanceFile: Encu for Legal.pdf7 Nov 2022
Details of encumbrances concerned to LegalFile: Encu FOR Finance.pdf7 Nov 2022
Details of encumbrances concerned to LegalFile: Encu for Legal.pdf7 Nov 2022
Declaration about Commencement CertificateFile: Format 'D'.pdf7 Nov 2022
Declaration in FORM BFile: Affidavit Cum Declaration.pdf7 Nov 2022

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
ProjectLocationFlatsRegisteredStatusPromisedDelivered
LOTUS COURTP52100008752Kharadi110Aug 2017CompletedDec 2023Registered original: Dec 2022Nov 2023

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Other projects near Kharadi, Pune

2 kmLotus Court Phase -IICompleted 40Lapsed / revoked 22Other 46Dot size: filed unitsN

Filed coordinates, straight-line distance. 108 registered projects within 2 km.

Builder: KRISHNA CONSTRUCTIONS

KRISHNA CONSTRUCTIONS has 6 registrations on MahaRERA, including KRISHNA ANANDAM 2 and LOTUS COURT. Its filings disclose 6 earlier MahaRERA projects: declares 5 of 5 past projects completed on time. Litigation is declared on 1 of its registrations. Read the full track record.

Frequently asked questions

What are my rights if Lotus Court Phase -II is delayed beyond 31 Dec 2026?

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 Lotus Court Phase -II?

The registered promoter entity is KRISHNA CONSTRUCTIONS, 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 Lotus Court Phase -II?

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 do I read the complaint cases filed against Lotus Court Phase -II?

Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

How current is the construction progress shown for Lotus Court Phase -II?

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 Lotus Court Phase -II?

The professionals named in the filing: Architect: Sumit Verma; Architect: Catalyser Design; Engineer: Hansal Parekh; Engineer: MOHDILIYAS ASGAR ALI BHISTI; Chartered Accountant: CA Rutuja Narsingh & Associates; Chartered Accountant: Tushar Mehta & 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 Lotus Court Phase -II?

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; how the declared litigation on this registration affects your risk; 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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