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NEO CITY PART 2
RG-MH-08114 · RERA P52100001867 · Last updated on MahaRERA portal: 16 Mar 2022
Source: official MahaRERA filing
Red flags
- 1 complaint at MahaRERA
Clear
- No litigation declared
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
- All 1 earlier projects delivered on promise
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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NEO CITY PART 2 is a Residential / Group Housing project by MAHALAXMI SHELTERS in Pune, Maharashtra, registered with MahaRERA as P52100001867 on 29 Jul 2017. The registration is recorded completed; possession was promised by 30 Dec 2021. 1 complaint is on record with the regulator.
At a glance
Project
- NameNEO CITY PART 2
- TypeResidential / Group Housing
- Location
- Bakori Road
- Near JSPM College
- WAGHOLI
- Haveli
- Pune
- 412207
- Pincode412207
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100001867
- ReraGenie IDRG-MH-08114
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on29 Jul 2017
- Promised completion30 Dec 2021
- Revised completionNone
- Buildings2 building records
- Documents filed56 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| C BLDG PH 2 | NA | 12 | 0 | 0 | 0 | 0 |
| D BLDG PH 2 | NA | 12 | 0 | 0 | 0 | 0 |
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 16 Mar 2022, 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%.
C BLDG PH 291%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| 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% |
D BLDG PH 291%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| 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 16 Mar 2022, 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 | Yes | 100% |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | Yes | 100% |
| Community Buildings | Yes | 100% |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 100% |
| Solid Waste Management And Disposal | Yes | 100% |
| Water conservation /Rain water harvesting | Yes | 100% |
| Energy managemcnt | Yes | 100% |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | Yes | 100% |
| Open Parking | No | Not applicable |
Parking filed91
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.
| Building | Closed/Covered | Open Space | Total |
|---|---|---|---|
| C BLDG PH 2 | 24 | 28 | 52 |
| D BLDG PH 2 | 18 | 21 | 39 |
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.
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.
Certifying professionals and partners1
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Arch VIKAS ACHALKAR |
| Partner | Role in project |
|---|---|
| MAHALAXMI SHELTERS | - |
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC005000000010581 | Kishor Sonawane | Sachin Goyal | 27/11/2017 |
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 reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 25 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 4 Jul 2017 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 4 Jul 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 12 Jul 2017Confirm the Commencement Certificate covers the specific floor you are buying. - 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 22 Sep 2020
Documents filed56
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 |
|---|---|
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: MAHALAXMI SHELTERS Form 5.pdf | 16 Mar 2022 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: Society Ph 2 3.pdf | 27 Oct 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Form 5 Neo city.pdf | 30 Mar 2021 |
| Architect’s Certificate on Completion of Project (Form 4)File: Form 4.pdf | 28 Sep 2020 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC.pdf | 22 Sep 2020 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1.pdf | 20 Jun 2020 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2.pdf | 20 Jun 2020 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1.pdf | 10 Feb 2020 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2.pdf | 10 Feb 2020 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1.pdf | 29 Nov 2019 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2.pdf | 29 Nov 2019 |
| Certificates of CA (Form 5)File: Form 5 mahalaxmi shelters Neocity Part 2 Ph 2 C,D.pdf | 29 Sep 2019 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1.pdf | 15 Jul 2019 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: form 2.pdf | 15 Jul 2019 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1.pdf | 29 Mar 2019 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2.pdf | 29 Mar 2019 |
| Details of encumbrancesFile: Mortgage Deed.pdf | 27 Mar 2019 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1.PDF | 12 Dec 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2.pdf | 12 Dec 2018 |
| Certificates of CA (Form 5)File: Audit Report Neo City.pdf | 11 Oct 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1.pdf | 14 Sep 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2.pdf | 14 Sep 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: FORM 1.pdf | 27 Jun 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2.PDF | 27 Jun 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1.pdf | 24 Mar 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2.pdf | 24 Mar 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1.pdf | 13 Jan 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2.pdf | 13 Jan 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arch Form 1.PDF | 7 Oct 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Form 2.PDF | 7 Oct 2017 |
| Copy of the legal title reportFile: Update Title Opinion Neo City.pdf | 25 Jul 2017 |
| Copy of the legal title reportFile: Search report Neo city.pdf | 25 Jul 2017 |
| Declaration in FORM BFile: Affidavit cum Declrations Neo City compressed file.pdf | 25 Jul 2017 |
| Proforma of Allotment letterFile: Agreement to sale and allotment letter.pdf | 25 Jul 2017 |
| Details of encumbrancesFile: Encumbrance Neo city.pdf | 24 Jul 2017 |
| PAN CardFile: MAHALAXMI SHELTERS PAN NO.pdf | 22 Jul 2017 |
| Certificates of CA (Form 3)File: Form 3 Neo city.pdf | 22 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf | 12 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect cert Form 1.pdf | 12 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineers cert Form 2.pdf | 12 Jul 2017 |
| Layout approvalFile: 1-40.pdf | 4 Jul 2017 |
| Layout approvalFile: 2-40.pdf | 4 Jul 2017 |
| Building plan approvalFile: 20-40.pdf | 4 Jul 2017 |
| Building plan approvalFile: 21-40.pdf | 4 Jul 2017 |
| Building plan approvalFile: 22-40.pdf | 4 Jul 2017 |
| Building plan approvalFile: 23-40.pdf | 4 Jul 2017 |
| Building plan approvalFile: 24-40.pdf | 4 Jul 2017 |
| Building plan approvalFile: 25-40.pdf | 4 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: 1-40.pdf | 4 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: 2-40.pdf | 4 Jul 2017 |
| Building Plan Approval (IOD)File: 20-40.pdf | 4 Jul 2017 |
| Building Plan Approval (IOD)File: 21-40.pdf | 4 Jul 2017 |
| Building Plan Approval (IOD)File: 22-40.pdf | 4 Jul 2017 |
| Building Plan Approval (IOD)File: 23-40.pdf | 4 Jul 2017 |
| Building Plan Approval (IOD)File: 24-40.pdf | 4 Jul 2017 |
| Building Plan Approval (IOD)File: 25-40.pdf | 4 Jul 2017 |
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.
| Project | Location | Flats | Status | Promised | Delivered |
|---|---|---|---|---|---|
| NEO CITY PART 1 | Gat no 735 734 739 NEO CITY Behind Jain College Near JSPM and LEXICON International School BAKORI ROAD WAGHOLI PUNE - 412207 | 832 | Completed | Jul 2017 | Jul 2017 |
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How this compares with Pune
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Buyer report
Useful on a completed registration when you are buying resale, or checking what was promised against what was delivered.
- 1 condition on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 4 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 56 filed documents as one ZIP, foldered, with a manifest
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Builder: MAHALAXMI SHELTERS
MAHALAXMI SHELTERS has 5 registrations on MahaRERA, including NEO CITY PART 2 and PRISTINE ALLURE PART 1. Its filings disclose 3 earlier MahaRERA projects: declares 3 of 3 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 NEO CITY PART 2 is delayed beyond 30 Dec 2021?
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 NEO CITY PART 2?
The registered promoter entity is MAHALAXMI SHELTERS, 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 NEO CITY PART 2?
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 NEO CITY PART 2?
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 NEO CITY PART 2?
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 NEO CITY PART 2?
The professionals named in the filing: Architect: Arch VIKAS ACHALKAR. 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 NEO CITY PART 2?
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.
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