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NEELRATNA
By Kotibhaskar Infrastructures &Developers Pvt.Ltd.
RG-MH-55163 · RERA PR1260002600173 · Last updated on MahaRERA portal: 8 Apr 2026
Source: official MahaRERA filing
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Red flags
- Litigation declared, 2 cases
Clear
- No complaints on record
- Completion date never moved
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
1 condition is 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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NEELRATNA is a Residential / Group Housing project by Kotibhaskar Infrastructures &Developers Pvt.Ltd. in Pune, Maharashtra, registered with MahaRERA as PR1260002600173 on 18 Apr 2026. Possession is promised by 24 Oct 2029. 0 of the 78 units on this registration are recorded sold or booked, and 0 of 11 construction stages are filed complete.
At a glance
Project
- NameNEELRATNA
- TypeResidential / Group Housing
- Location
- LAKAKI ROAD
- SHIVAJINAGAR BHAMBURDA
- Pune City
- Pune
- 411005
- Pincode411005
- MapView location on Google Maps (as filed on RERA)
- RERA no.PR1260002600173
- ReraGenie IDRG-MH-55163
Builder
- NameKotibhaskar Infrastructures &Developers Pvt.Ltd.
- Entity typeCompany
- CINU45209PN2011PTC140254
- GSTIN27AAQCS2145B1ZG
- CIN is from this promoter's other MahaRERA registrations. This project's own filing does not repeat it.
- ChairpersonChidambar Shivanand kotibhaskar
- Managing DirectorDilip Shivanand Kotibhaskar
- DirectorSAKET CHIDAMBAR KOTIBHASKAR
- Other registrations27 more →
- Completed15 of 28
- No longer live1 lapsed, de-registered or revoked
- Past their filed date2
- Declared earlier projects11 →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on18 Apr 2026
- Promised completion24 Oct 2029
- Revised completionNone
- Buildings1 building record
- Documents filed11 files
Current status
Figures as on 8 Apr 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| NEELRATNA | NA | 24 | 21 | 78 | 0 | 78 |
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 8 Apr 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.
0 of 11 construction stages are filed complete. The stage furthest along is Excavation, at 0%.
NEELRATNA: 0% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| 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. | 0% |
Progress on shared amenities15
As on 8 Apr 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | No | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | No | 0% |
| Storm Water Drains | No | 0% |
| Landscaping & Tree Planting | No | 0% |
| 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 | 0% |
| Water conservation /Rain water harvesting | No | 0% |
| Energy managemcnt | No | 0% |
| Fire protection and fire safety requirements | No | 0% |
| Electrical meter room, sub-station, receiving station | No | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed284
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 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.
| Landowner | Village | District |
|---|---|---|
| NEELRATNA SAHAKARI GRIHA RACHANA SANSTHA MARYADIT | Shivajinagar Bhamburda | Pune |
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| NEELRATNA | NA | Rs 47.89 cr | Rs 14.46 lakh |
Certifying professionals and partners5
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Shinde Joshi & Associates |
| Engineer | Shridhar Shet |
| Engineer | VIRENDRA SHRIMANT DAINGADE |
| Chartered Accountant | Omkar Chandak |
| Chartered Accountant | AMIT ANIL SHENDE |
| Partner | Role in project |
|---|---|
| Kotibhaskar Infrastructures &Developers Pvt.Ltd. | - |
Litigation declared2
| Case | Court | Status |
|---|---|---|
| 78/2024/2024 | Hon'ble Co-operative Court-2 | Ongoing |
| 52/2026/2026 | CIVIL COURT PUNE MAHARASHTRA | Ongoing |
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 reportNot on the file
A lawyer's report on who owns the land and what is registered against it.
- Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 7 Apr 2026 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 23 Mar 2026 - Commencement CertificateNot on the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
- 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 24 Oct 2029
Documents filed11
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.
| Document | Uploaded |
|---|---|
| Declaration and undertaking (Annexure A)File: Neelratna-Annexure A-Declaration-Cum- Undertaking-08042026.pdf | 8 Apr 2026 |
| Layout approvalFile: Neelratna-Layout Declaration-07042026.pdf | 7 Apr 2026 |
| Building plan approvalFile: Plan 1-24032025.pdf | 23 Mar 2026 |
| Building plan approvalFile: Plan 2-24032025.pdf | 23 Mar 2026 |
| Building plan approvalFile: Plan 1-10122025.pdf | 23 Mar 2026 |
| Building plan approvalFile: Plan 2-10122025.pdf | 23 Mar 2026 |
| Building plan approvalFile: Plan 3-10122025.pdf | 23 Mar 2026 |
| Building plan approvalFile: Plan 4-10122025.pdf | 23 Mar 2026 |
| Building plan approvalFile: Plan 5-10122025.pdf | 23 Mar 2026 |
| Building plan approvalFile: Plan 6-10122025.pdf | 23 Mar 2026 |
| Building plan approvalFile: Plan 7-10122025.pdf | 23 Mar 2026 |
Promoter's earlier projects11
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.
| Project | Location | Flats | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|---|
| INDUKIRAN CO-OP HOUSING SOCIETY LIMITEDP52100046237 | KOTHRUD, Pune | 1 | Jun 2022 | Completed | Nov 2025 | Oct 2024 |
| SARITA CHSLP52100034229 | KOTHRUD, Pune | 70 | Mar 2022 | Completed | Oct 2025 | May 2025 |
| Purva HeightsP53100034113 | Warnali, Sangli | 36 | Mar 2022 | Completed | Sep 2025 | Mar 2025 |
| PRABHAKAR CHSLP52100049315 | Pune, Pune | - | Feb 2023 | Completed | Jul 2025 | Apr 2025 |
| Kajal Co operative Housing Society LtdP52100032652 | Kothrud, Pune | 67 | Jan 2022 | Ongoing | Dec 2024 | Not delivered |
| MUKUNDP52100045860 | MAHARSHI KARVENAGAR, Pune | - | Jun 2022 | Completed | May 2024 | Late, Jun 2024 |
| SHUBHASHREEP52100045350 | PUNE, Pune | - | May 2022 | Completed | Mar 2024 | Late, Jun 2024 |
| Annapurna | Hingane Budruk Haveli Pune | 5 | - | Completed | Dec 2017 | Jun 2017 |
| Ankoorshree Co-operative Housing Society | Happy Colony Lane 3 Kothrud Pune | 21 | - | Completed | Oct 2017 | May 2017 |
| Snehvardhan Co-operative Housing Society | Patwardhan Co-operative Housing Society | 20 | - | Completed | May 2017 | Jan 2017 |
| Chinar Co-operative Housing Society | Kothrud Pune | 24 | - | Completed | Mar 2014 | Mar 2014 |
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How this compares with Pune
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.
Buyer report
Built from this project's filings on the day you order, in plain language.
- 1 condition on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 27 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 11 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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- Plain words, conditions that have happened marked in red
- A summary of everything that changed when the 90 days end
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Builder: Kotibhaskar Infrastructures &Developers Pvt.Ltd.
Kotibhaskar Infrastructures &Developers Pvt.Ltd. has 28 registrations on MahaRERA, including Sugam Cooperative Housing Society Limited and Vasant Vihar Co-operative Housing Society. Its filings disclose 11 earlier MahaRERA projects: declares 8 of 10 past projects completed on time. Litigation is declared on 1 of its registrations. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What are my rights if NEELRATNA is delayed beyond 24 Oct 2029?
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 NEELRATNA?
The registered promoter entity is Kotibhaskar Infrastructures &Developers Pvt.Ltd., a company as per the filing. Its CIN U45209PN2011PTC140254 and GSTIN 27AAQCS2145B1ZG 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 NEELRATNA?
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 NEELRATNA?
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 NEELRATNA?
The professionals named in the filing: Architect: Shinde Joshi & Associates; Engineer: Shridhar Shet; Engineer: VIRENDRA SHRIMANT DAINGADE; Chartered Accountant: Omkar Chandak; Chartered Accountant: AMIT ANIL SHENDE. 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 NEELRATNA?
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; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.
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