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Registration lapsed No litigation declared Residential / Group Housing project

OVI - Phase I

By U.P.D Construction

RG-MH-09254 · RERA P52100000578 · Last updated on MahaRERA portal: 1 Dec 2023

Source: official MahaRERA filing

Red flags

  • Registration lapsed
  • Possession 58 months past the filed date
  • Completion date moved by 24 months
  • 1 extension taken

Clear

  • No litigation declared
  • No complaints on record
  • Separate project account declared
  • Allotment letter follows the model form

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.

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Dec 2021Possession promised58 months past this date
13 of 22Construction stages doneacross 2 buildings; furthest along: Staircases, 87%
0Complaints at MahaRERAon this registration
Jump to the 32 documents Report an error

OVI - Phase I is a Residential / Group Housing project by U.P.D Construction in Pune, Maharashtra, registered with MahaRERA as P52100000578 on 18 Jul 2017. Possession was promised by 30 Dec 2021 and is now 58 months past that date. The completion date has moved by 24 months from the original filing.

At a glance

Project

  • NameOVI - Phase I
  • TypeResidential / Group Housing
  • Location
    • NARHE DHAYRI ROAD
    • SAVTAMALI TEMPLE
    • NARHE
    • Haveli
    • Pune
    • 411041
  • Pincode411041
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100000578
  • ReraGenie IDRG-MH-09254

Builder

  • NameU.P.D Construction
  • Entity typePartnership
  • PartnerVikrant Shivaji Dhankawade

Key dates

58 months past promisethis monthRegisteredJul 2017First promiseDec 2019Revised toDec 2021

Key facts

Registration and timeline

  • StatusRegistration lapsed
  • Registered on18 Jul 2017
  • Promised completion30 Dec 2021
  • Revised completionRevised to 30 Dec 2021 (originally 31 Dec 2019)
  • Buildings2 building records
  • Documents filed32 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A BuildingNA100000
B BuildingNA100000

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 1 Dec 2023, 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.

13 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Staircases, at 87%.

A Building77%
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 / premises0%
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.52%
B Building68%
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/Premises45%
Sanitary Fittings within the flats / premises38%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks87%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.55%
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.26%

Progress on shared amenities15

As on 1 Dec 2023, 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 & FootpathsYes0%
Water SupplyYes50%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes50%
Storm Water DrainsYes90%
Landscaping & Tree PlantingYes0%
Street LightingYes0%
Community BuildingsYes70%
Treatment And Disposal Of Sewage And Sullage WaterYes0%
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes50%
Energy managemcntYes20%
Fire protection and fire safety requirementsYes50%
Electrical meter room, sub-station, receiving stationYes75%
Aggregate area of recreational Open SpaceYes0%
Open ParkingNoNot applicable

Parking filed48

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 slots48
Closed/Covered48
BuildingClosed/CoveredTotal
A Building2424
B Building2424

Land and ownership2

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.

Land area2,389 sq m
Land owned byThe promoter, with other names on the file
Named landowners2
LandownerVillageDistrict
Sanjay UttekarPune (M Corp.)Pune
Sunil UttekarPune (M Corp.)Pune

Approvals and building plan

Permissible FSI3389.76
Proposed, not sanctioned3,390 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 branchSno 29, Plot no 22, Kala Nagar, Kala Niketan Housing Society, Dhankawdi Pune 411043

Certifying professionals and partners2

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

RoleName
ArchitectShri Vikas Achalkar
EngineerMr G A Bhilare
PartnerRole in project
U.P.D Construction-

Extensions applied for1

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

EXT52100003796Dec 2019 → Dec 2020

Reason as filed by the promoterOvi-Phase 1 registration project civil work completed . we are in process to revision sanction also preparing documentation for completion certificate due to that we request to authority for date extend i.e.30/12/2020.

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 12 Jul 2017
  2. Layout approvalOn the file

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

    uploaded 12 Jul 2017
  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 21 Aug 2020
  4. Commencement CertificateOn the file

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

    uploaded 21 Aug 2020Confirm the Commencement Certificate covers the specific floor you are buying.
  5. Occupancy CertificateNot on 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.

Documents filed32

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.

DocumentUploaded
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Final scanned form 5.pdf1 Dec 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: form 5.pdf7 Dec 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5.pdf10 Jan 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: FORM 5.pdf24 Nov 2020
Building plan approvalFile: B BUILD PLAN .pdf21 Aug 2020
Building Plan Approval (IOD)File: B BUILD PLAN .pdf21 Aug 2020
Commencement Certificates / NA Order for plotted developmentFile: RESACTION.pdf21 Aug 2020
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECT CERTIFICATE_0001.pdf21 Aug 2020
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEER CERTIFICATE.pdf21 Aug 2020
Certificates of CA (Form 3)File: CA CERTIFICATE-UPD.pdf21 Aug 2020
Certificates of CA (Form 5)File: RERA -DPC 217-2018.pdf20 Dec 2019
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Form 5 (1).pdf19 Dec 2019
Certificates of CA (Form 5)File: UPD FORM 5.pdf2 Oct 2018
Layout approvalFile: LAYOUT.pdf12 Jul 2017
Building plan approvalFile: A TYPE.pdf12 Jul 2017
Building plan approvalFile: B TYPE_1.pdf12 Jul 2017
Building plan approvalFile: B TYPE_2.pdf12 Jul 2017
Building plan approvalFile: CLUB HOUSE.pdf12 Jul 2017
PAN CardFile: PAN CARD.PDF12 Jul 2017
Copy of the legal title reportFile: COMMENCEMENT CERTIFICATE.pdf12 Jul 2017
Details of encumbrancesFile: ENCUMBRANCES.PDF12 Jul 2017
Copy of Layout Approval (in case of layout)File: LAYOUT.pdf12 Jul 2017
Building Plan Approval (IOD)File: A TYPE.pdf12 Jul 2017
Building Plan Approval (IOD)File: B TYPE_1.pdf12 Jul 2017
Building Plan Approval (IOD)File: B TYPE_2.pdf12 Jul 2017
Building Plan Approval (IOD)File: CLUB HOUSE.pdf12 Jul 2017
Commencement Certificates / NA Order for plotted developmentFile: COMMENCEMENT CERTIFICATE.pdf12 Jul 2017
Declaration in FORM BFile: DECLARATION OF FORM B.pdf12 Jul 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECTS CERTIFICATE.pdf12 Jul 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEERS CERTIFICATE.pdf12 Jul 2017
Certificates of CA (Form 3)File: CA CERTIFICATE.pdf12 Jul 2017
Proforma of Allotment letterFile: OVI AGREEMENT AND ALLOTTMENT LETTER.pdf12 Jul 2017

How this compares with Pune

26%of Pune projects moved their completion datethis one moved by 24 months
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 SAVTAMALI TEMPLE13,700+ in Pune

2 kmOVI - Phase ICompleted 63Lapsed / revoked 24Other 45Dot size: filed unitsN

Filed coordinates, straight-line distance. 132 registered projects within 2 km.

Builder: U.P.D Construction

U.P.D Construction has 1 registration on MahaRERA, including OVI - Phase I. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Pune district page.

Frequently asked questions

What does it mean that OVI - Phase I 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 OVI - Phase I 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 OVI - Phase I?

The registered promoter entity is U.P.D Construction, 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 OVI - Phase I?

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 OVI - Phase I?

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 OVI - Phase I?

The professionals named in the filing: Architect: Shri Vikas Achalkar; Engineer: Mr G A Bhilare. 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 OVI - Phase I?

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; 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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