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Registration lapsed No litigation declared Residential / Group Housing project

NYATI ELAN CENTRAL III

By PSQUARE BUILDERS LLP

RG-MH-94585 · RERA P52100034714 · Last updated on MahaRERA portal: 24 Jul 2025

Source: official MahaRERA filing

Red flags

  • Registration lapsed
  • Possession 22 months past the filed date

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form
  • All 7 earlier projects delivered on promise

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.

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Dec 2024Possession promised22 months past this date
18 of 22Construction stages doneacross 2 buildings; furthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 83 documents Report an error

NYATI ELAN CENTRAL III is a Residential / Group Housing project by PSQUARE BUILDERS LLP in Pune, Maharashtra, registered with MahaRERA as P52100034714 on 20 Apr 2022. Possession was promised by 31 Dec 2024 and is now 22 months past that date.

At a glance

Project

  • NameNYATI ELAN CENTRAL III
  • TypeResidential / Group Housing
  • Location
    • NEAR JSPM COLLEGE
    • WAGHOLI
    • Haveli
    • Pune
    • 412207
  • Pincode412207
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100034714
  • ReraGenie IDRG-MH-94585

Builder

  • NamePSQUARE BUILDERS LLP
  • Entity typePartnership
  • PartnerNITIN DWARKADAS NYATI
  • Other registrations9 more →
  • Completed8 of 10
  • No longer live2 lapsed, de-registered or revoked
  • Declared earlier projects7 →

Key dates

22 months past promisethis monthRegisteredApr 2022PromisedDec 2024

Key facts

Registration and timeline

  • StatusRegistration lapsed
  • Registered on20 Apr 2022
  • Promised completion31 Dec 2024
  • Revised completionNone
  • Buildings2 building records
  • Documents filed83 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A5NA140000
B8NA140000

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 24 Jul 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.

18 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Podiums (if any), at 0%.

A582%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor0%
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%
B882%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor0%
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 24 Jul 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 & FootpathsYes80%
Water SupplyYes80%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes80%
Storm Water DrainsYes80%
Landscaping & Tree PlantingYes75%
Street LightingYes75%
Community BuildingsYes90%
Treatment And Disposal Of Sewage And Sullage WaterYes80%
Solid Waste Management And DisposalYes90%
Water conservation /Rain water harvestingYes80%
Energy managemcntYes70%
Fire protection and fire safety requirementsYes85%
Electrical meter room, sub-station, receiving stationYes90%
Aggregate area of recreational Open SpaceYes0%
Open ParkingYes70%

Parking filed28

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 slots28
Closed/Covered28
BuildingClosed/CoveredTotal
A51616
B81212

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.

Land area8,537 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI7426.08
Proposed, not sanctioned7,426 sq m
Buildings approved2
Buildings sanctioned2

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 branchKHARADI PUNE

Certifying professionals and partners4

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

RoleName
ArchitectVikas Achalkar
EngineerVishwanath Dhande
EngineerJW Consultants LLP
Chartered AccountantMilani & Gattani Co.
PartnerRole in project
PSQUARE BUILDERS LLP-

Litigation declared1

CaseCourtStatus
1360/2018Civil Judge Senior Division PuneUNREADY

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 5 Apr 2022
  2. Layout approvalOn the file

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

    uploaded 7 Apr 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 7 Apr 2022
  4. Commencement CertificateOn the file

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

    uploaded 7 Apr 2022Confirm 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 25 Feb 2025

Documents filed83

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 83 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
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf24 Jul 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3.pdf19 Jul 2025
Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD UNSOLD INVENTORY.pdf10 Jul 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf8 Jul 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Nyati Elan Central III Form 3.pdf17 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf11 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf8 Apr 2025
Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD UNSOLD INVENTORY.pdf2 Apr 2025
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC.pdf25 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3.pdf20 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf18 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf18 Jan 2025
Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD UNSOLD INVENTORY.pdf3 Jan 2025
PAN CardFile: 1 PAN Card.pdf19 Dec 2024
Details of encumbrances concerned to FinanceFile: L AND F ENCUMBRANCES CENTRAL III.pdf19 Dec 2024
Details of encumbrancesFile: L AND F ENCUMBRANCES CENTRAL III.pdf19 Dec 2024
Declaration in FORM BFile: FORM B CENTRAL III.pdf19 Dec 2024
Details of encumbrances concerned to LegalFile: L AND F ENCUMBRANCES CENTRAL III.pdf19 Dec 2024
Proforma of Agreement for saleFile: UNIT AGREEMENT CENTRAL III.pdf19 Dec 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: DISCLOUSER PNN CENTRAL III.pdf19 Dec 2024
Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD UNSOLD INVENTORY.pdf12 Nov 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf22 Oct 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3.pdf22 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf22 Oct 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Nyati Elan Central III - Form 5.pdf7 Oct 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3.PDF17 Jul 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf12 Jul 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf12 Jul 2024
Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD UNSOLD INVENTORY.pdf12 Jul 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM 2A.pdf18 May 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf8 Apr 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf6 Apr 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - P-Square Elan Central III.pdf6 Apr 2024
Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD UNSOLD INVENTORY.pdf3 Apr 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf16 Jan 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf16 Jan 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf16 Jan 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf16 Jan 2024
Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD UNSOLD INVENTORY.pdf16 Jan 2024
Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD UNSOLD INVENTORY.pdf16 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3.pdf16 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3.pdf16 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3.pdf19 Oct 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf16 Oct 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf16 Oct 2023
Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD UNSOLD INVENTORY.pdf16 Oct 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Nyati Elan Central III.pdf30 Sep 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: NYATI ELAN CENTRAL III .pdf28 Jul 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf28 Jul 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Elan Central III.pdf27 Jul 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Central III.pdf29 Apr 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CENTRAL III.pdf29 Apr 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 ENGINEER CERTIFICATE N ELAN CENTRAL III Mar 2023.pdf18 Apr 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: NYATI ELAN CENTRAL III March2023.pdf17 Apr 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: FORM 2A.pdf4 Apr 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 NYATI ELAN CENTRAL III Dec 2022.pdf30 Jan 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 ENGINEER CERTIFICATE N ELAN CENTRAL III Dec 2022.pdf30 Jan 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A.pdf25 Jan 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A.pdf21 Oct 2022
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A.pdf25 Jul 2022
Layout approvalFile: Sanction Layout.pdf7 Apr 2022
Building plan approvalFile: A5 Ele Section.pdf7 Apr 2022
Building plan approvalFile: A5 Odd Even Floor.pdf7 Apr 2022
Building plan approvalFile: A5 Refuge Floor.pdf7 Apr 2022
Building plan approvalFile: B8 Ele Section.pdf7 Apr 2022
Building plan approvalFile: B8 Odd Even Floor.pdf7 Apr 2022
Building plan approvalFile: B8 Refuge Floor.pdf7 Apr 2022
Copy of Layout Approval (in case of layout)File: Sanction Layout.pdf7 Apr 2022
Building Plan Approval / NA Order for plotted developmentFile: A5 Ele Section.pdf7 Apr 2022
Building Plan Approval / NA Order for plotted developmentFile: A5 Odd Even Floor.pdf7 Apr 2022
Building Plan Approval / NA Order for plotted developmentFile: A5 Refuge Floor.pdf7 Apr 2022
Building Plan Approval / NA Order for plotted developmentFile: B8 Ele Section.pdf7 Apr 2022
Building Plan Approval / NA Order for plotted developmentFile: B8 Odd Even Floor.pdf7 Apr 2022
Building Plan Approval / NA Order for plotted developmentFile: B8 Refuge Floor.pdf7 Apr 2022
Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf7 Apr 2022
CERSAI detailsFile: CERSAI Search Report.pdf7 Apr 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate.pdf7 Apr 2022
Proforma of Allotment letterFile: ELAN CENTRAL III UNIT AGR 7422.pdf7 Apr 2022
Details of encumbrancesFile: Details of Encumbrances.pdf6 Apr 2022
Declaration about Commencement CertificateFile: Declaration about CC.pdf6 Apr 2022

Promoter's earlier projects7

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.

7 delivered on promise
ProjectLocationFlatsRegisteredStatusPromisedDelivered
NYATI ELAN CENTRAL IP52100029005WAGHOLI, Pune-Apr 2021Certificate SignedApr 2024Mar 2024
Nyati Elan South East IWagholi pune144-CompletedSep 2021Sep 2020
Nyati Elan West IIWagholi Pune96-CompletedSep 2019Sep 2019
Nyati Elan CommercialWagholi Pune84-CompletedJan 2019Jan 2019
Nyati Elan West IWagholi Pune240-CompletedJun 2018Feb 2018
Nyati Elan- South-Eastwagholi Pune288-CompletedJun 2017Oct 2016
Nyati Elan- NorthWagholi Pune311-CompletedJun 2017Oct 2016

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 WAGHOLI13,700+ in Pune

2 kmNYATI ELAN CENTRAL IIICompleted 43Lapsed / revoked 19Other 33Dot size: filed unitsN

Filed coordinates, straight-line distance. 95 registered projects within 2 km.

Builder: PSQUARE BUILDERS LLP

PSQUARE BUILDERS LLP has 10 registrations on MahaRERA, including NYATI ELAN WEST I and NYATI ELAN COMMERCIAL. Its filings disclose 7 earlier MahaRERA projects: declares 7 of 7 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 NYATI ELAN CENTRAL III 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 NYATI ELAN CENTRAL III is delayed beyond 31 Dec 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 NYATI ELAN CENTRAL III?

The registered promoter entity is PSQUARE BUILDERS LLP, 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 NYATI ELAN CENTRAL III?

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 NYATI ELAN CENTRAL III?

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 NYATI ELAN CENTRAL III?

The professionals named in the filing: Architect: Vikas Achalkar; Engineer: Vishwanath Dhande; Engineer: JW Consultants LLP; Chartered Accountant: Milani & Gattani 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 NYATI ELAN CENTRAL III?

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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