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NEON
By YASHCON URBAN DEVELOPMENT LLP
RG-MH-22017 · RERA P52100030290 · Last updated on MahaRERA portal: 3 Apr 2025
Source: official MahaRERA filing
Red flags
- Litigation declared, 5 cases
- 1 complaint at MahaRERA
Clear
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
2 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.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
NEON is a Residential / Group Housing project by YASHCON URBAN DEVELOPMENT LLP in Pune, Maharashtra, registered with MahaRERA as P52100030290 on 15 Aug 2021. The registration is recorded completed; possession was promised by 31 Jul 2025. 1 complaint is on record with the regulator.
At a glance
Project
- NameNEON
- TypeResidential / Group Housing
- Location
- LOHEGAON
- Pune (M Corp.)
- Pune City
- Pune
- 411047
- Pincode411047
- RERA no.P52100030290
- ReraGenie IDRG-MH-22017
Builder
- NameYASHCON URBAN DEVELOPMENT LLP
- Entity typeOthers
- GSTIN27AACFY5871F1ZV
- Named personsPUNIT OSWAL, PRADEEP OSWAL, NILESH LADDAD
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on15 Aug 2021
- Promised completion31 Jul 2025
- Revised completionNone
- Buildings2 building records
- Documents filed71 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| WING A | NA | 10 | 0 | 0 | 0 | 0 |
| WING B | NA | 10 | 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 3 Apr 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.
20 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Podiums (if any), at 0%.
WING A91%
| 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% |
WING B91%
| 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 3 Apr 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 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 | No | Not applicable |
| Community Buildings | No | Not applicable |
| 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 | Yes | 100% |
Parking filed300
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 ownership3
MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| AMEYA INDERKUMAR JAIN | Pune (CB) | Pune |
| LAVINA HITESH JAIN | Pune (CB) | Pune |
| PRISMI RAJAS JAIN | Pune (CB) | 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.
Certifying professionals and partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | IMRAN SHAIKH |
| Engineer | KEDAR MASHELKAR |
| Chartered Accountant | NIPUN BHANDARI |
| Partner | Role in project |
|---|---|
| YASHCON URBAN DEVELOPMENT LLP | - |
Litigation declared5
| Case | Court | Status |
|---|---|---|
| 1859/2017/2017 | Bombay High Court | pending |
| 2282/2019/2019 | civil court junior division pune | pending |
| 18391/2022/2022 | Bombay High Court | DISPOSED |
| 11051/2023 11061/2023 11077/2023/2023 | Supreme Court of India | The petition dismissed by Honb Supreme Court |
| 18391/2022/2022 | BOMBAY HIGH COURT | Ongoing |
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC005000000258921 | Pradeep Lunavat | Yashcon Urban Development LLP | 26/05/2023 |
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 11 Aug 2021 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 7 Jul 2021 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 17 Feb 2022 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 17 Feb 2022Confirm 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 29 Mar 2025
Documents filed71
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 |
|---|---|
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form1.pdf | 3 Apr 2025 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: नोंदणी प्रमाणपत्र.pdf | 29 Mar 2025 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC.pdf | 29 Mar 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA FORM 523 24 .pdf | 16 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FINAL ARCHITECTS CERTIFICATE Q-3 24-25.pdf | 15 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FINAL - CA CERTIFCATE Q-3 24-25_compressed.pdf | 15 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECTS CERTIFICATE Q2 2425.pdf | 18 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Chartered Accountants Certificate Q2 24 25_compressed.pdf | 18 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer's Certificate Q 2 24 25.pdf | 18 Oct 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Yashcon Form 5 2023-24.pdf | 14 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT'S CERTIFICATE Q-1 24-25.pdf | 12 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER'S CERTIFICATE Q-1 24-25.pdf | 12 Jul 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Engineer's Certificate for quality assurance (Yashcon Urban).pdf | 12 Jul 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: QUALITY ASSURANCE CERTIFICATE YEARLY 24-25.pdf | 12 Jul 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: YEARLY Q-1 23-24 ENGEENER FORM - 2A.pdf | 12 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: C A CERTIFICATE Q-1 24-25 COMP.pdf | 12 Jul 2024 |
| Details of encumbrances concerned to FinanceFile: Reconveyance Deed_merged_compressed.pdf | 10 Jun 2024 |
| Details of encumbrances concerned to LegalFile: Reconveyance Deed_merged_compressed.pdf | 10 Jun 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf | 13 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 13 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Chartered Accountant's _compressed.pdf | 13 Apr 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: form 5 for 22-23.pdf | 13 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT'S CERTIFICATE Q2 223 24.pdf | 5 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER CERTIFICATE Q2 23 24.pdf | 5 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: C A CERTIFICATE _compressed.pdf | 5 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate -1.pdf | 19 Apr 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineers certificate .pdf | 19 Apr 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate _compressed.pdf | 19 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: DocScanner Jan 27, 2023 10-36 AM.pdf | 27 Jan 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect's_Certificate[1].pdf | 16 Jan 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGG Q3 22-23.pdf | 16 Jan 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Q3 22-23_compressed.pdf | 16 Jan 2023 |
| Details of encumbrances concerned to FinanceFile: FINAL MORTGAGE.pdf | 23 Nov 2022 |
| Details of encumbrances concerned to LegalFile: FINAL MORTGAGE.pdf | 23 Nov 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCH CERTIFICATE Q2.pdf | 1 Nov 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENG CERTIFICATE Form 2.pdf | 1 Nov 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Q2_compressed.pdf | 1 Nov 2022 |
| Disclosure of sold/ booked inventoryFile: Neon - Sold-Unsold Inventory_compressed.pdf | 29 Aug 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect certificate for Yashcon Urban _compressed.pdf | 25 Jul 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer's Certificate.pdf | 25 Jul 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Engineer's Certificate for quality assurance (Yashcon Urban).pdf | 25 Jul 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: RERA CA Certificate _compressed.pdf | 25 Jul 2022 |
| Building plan approvalFile: revised plan 5_compressed.pdf | 17 Feb 2022 |
| Building plan approvalFile: Revised ) Sanction Plan Scan Copy 8_compressed.pdf | 17 Feb 2022 |
| Building plan approvalFile: Revised ) Sanction Plan Scan Copy 6_compressed.pdf | 17 Feb 2022 |
| Building plan approvalFile: Revised ) Sanction Plan Scan Copy 2_compressed.pdf | 17 Feb 2022 |
| Building plan approvalFile: Revised Sanction Plan Scan Copy 1_compressed.pdf | 17 Feb 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: revised plan 5_compressed.pdf | 17 Feb 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: Revised ) Sanction Plan Scan Copy 8_compressed.pdf | 17 Feb 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: Revised ) Sanction Plan Scan Copy 6_compressed.pdf | 17 Feb 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: Revised ) Sanction Plan Scan Copy 2_compressed.pdf | 17 Feb 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: Revised Sanction Plan Scan Copy 1_compressed.pdf | 17 Feb 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: Revised ) Sanction Plan Scan Copy 7_compressed.pdf | 17 Feb 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: Revised ) Sanction Plan Scan Copy 3_compressed.pdf | 17 Feb 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: Revised ) Sanction Plan Scan Copy 4_compressed.pdf | 17 Feb 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: Revised Commencement Certificate Scan Copy.pdf | 17 Feb 2022 |
| Declaration about Commencement CertificateFile: declaration about commencement certificate.pdf | 17 Feb 2022 |
| Copy of the legal title reportFile: FLOW OF THE TITLE OF THE SAID LAND.pdf | 11 Aug 2021 |
| Details of encumbrancesFile: Self Declaration Non Encumbrances.pdf | 29 Jul 2021 |
| Building plan approvalFile: layout plan 1_compressed (1).pdf | 27 Jul 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: layout plan 1_compressed (1).pdf | 27 Jul 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement with explanation.pdf | 27 Jul 2021 |
| Copy of the legal title reportFile: Legal Title.pdf | 22 Jul 2021 |
| Declaration about Commencement CertificateFile: CC DECLARATION.pdf | 22 Jul 2021 |
| Proforma of Allotment letterFile: ALLOTMENT LETTER.pdf | 22 Jul 2021 |
| Declaration in FORM BFile: FORM B (Affidavit Cum Declaration).pdf | 8 Jul 2021 |
| Proforma of Allotment letterFile: draft-agreement-for-sale-under-rera-act-2016-3-20.pdf | 8 Jul 2021 |
| Layout approvalFile: layout plan 1_compressed (1).pdf | 7 Jul 2021 |
| PAN CardFile: PANCARD YASHCON DEVELOPMENT LLP.pdf | 7 Jul 2021 |
| Copy of Layout Approval (in case of layout)File: layout plan 1_compressed (1).pdf | 7 Jul 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Yashcon Annexure A for CA Certificate.pdf | 7 Jul 2021 |
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Buyer report
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- All 71 filed documents as one ZIP, foldered, with a manifest
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Builder: YASHCON URBAN DEVELOPMENT LLP
YASHCON URBAN DEVELOPMENT LLP has 1 registration on MahaRERA, including NEON. Its filings disclose no earlier MahaRERA projects. 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 NEON is delayed beyond 31 Jul 2025?
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 NEON?
The registered promoter entity is YASHCON URBAN DEVELOPMENT LLP, an others as per the filing. Its GSTIN 27AACFY5871F1ZV 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 NEON?
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 NEON?
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 NEON?
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 NEON?
The professionals named in the filing: Architect: IMRAN SHAIKH; Engineer: KEDAR MASHELKAR; Chartered Accountant: NIPUN BHANDARI. 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 NEON?
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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