Home / Browse projects / Pune, Maharashtra / PALMNEST PHASE III
PALMNEST PHASE III
RG-MH-40126 · RERA P52100015668 · Last updated on MahaRERA portal: 1 Jul 2025
Source: official MahaRERA filing
Red flags
- 1 complaint at MahaRERA
- Completion date moved by 30 months
- 3 extensions taken
Clear
- No litigation declared
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
3 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.
PALMNEST PHASE III is a Residential / Group Housing project by NG RATHI PROPERTIES LLP in Pune, Maharashtra, registered with MahaRERA as P52100015668 on 16 Mar 2018. The registration is recorded completed; possession was promised by 30 Jun 2025. The completion date has moved by 30 months from the original filing. 1 complaint is on record with the regulator.
At a glance
Project
- NamePALMNEST PHASE III
- TypeResidential / Group Housing
- Location
- KESNAND PHATA ROAD
- KESNAND ROAD
- WAGHOLI
- Haveli
- Pune
- 412207
- Pincode412207
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100015668
- ReraGenie IDRG-MH-40126
Builder
- NameNG RATHI PROPERTIES LLP
- Entity typePartnership
- PartnersGANESH BHIVRAJ BHUTADA, SANJAY PAWANRAJ JAIN, SHILPA MANISH MEHTA, RAKESH PUKHRAJ MEHTA, SANJAY PUKHRAJ MEHTA
- Other registrations3 more →
- Completed2 of 4
- No longer live2 lapsed, de-registered or revoked
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on16 Mar 2018
- Promised completion30 Jun 2025
- Revised completionRevised to 30 Jun 2025 (originally 30 Dec 2022)
- Buildings1 building record
- Documents filed172 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| G | NA | 13 | 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 building1
As on 1 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.
3 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 90%.
G: 56% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 90% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 90% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 70% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 70% |
| 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 1 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | Yes | 0% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | Yes | 100% |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | Yes | 0% |
Parking filed61
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 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 partners
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Partner | Role in project |
|---|---|
| NG RATHI PROPERTIES LLP | - |
Extensions applied for3
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterDue to delay in getting revised plan sanctioned, we are in delay in the construction of the said project. We are going to complete the said project within requested time.
Reason as filed by the promoterDue to permission from defense ministry and getting environmental clearance from authority, 12 to 15 months were get affected for construction, hence we are applying for RERA extention.
Reason as filed by the promoterThere was a delay because the revised sanction/approval was delayed by competent local authority. Hence we are getting delay in construction activities.
Litigation declared1
| Case | Court | Status |
|---|---|---|
| SPECIAL CIVIL SUIT NO 602/2015 | CIVIL JUDGE SR DIVISION PUNE | HEARING |
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC12500917 | Chandramohan Gajanan Ramteke | NG RATHI PROPERTIES LLP | 16/03/2025 |
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 12 Mar 2018 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 18 Dec 2024 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 18 Dec 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 18 Dec 2024Confirm 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 26 Jun 2025
Documents filed172
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 172 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.
| Document | Uploaded |
|---|---|
| Other - TechnicalFile: Form 4.pdf | 1 Jul 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 26 Jun 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 26 Jun 2025 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Completion Certificate - G Tower.pdf | 26 Jun 2025 |
| Declaration in FORM BFile: Form B As per Rera (Colour)_compressed.pdf | 15 Mar 2025 |
| Certificates of CA (Form 3)File: Scanned Form 3 Sept 23.pdf | 14 Feb 2025 |
| Declaration in FORM BFile: Form B as per Rera.pdf | 12 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Dec 24.pdf | 12 Feb 2025 |
| Certificates of CA (Form 3)File: Form3-PalmNest3-2024Dec-1.pdf | 12 Feb 2025 |
| Certificates of CA (Form 3)File: Scanned Form 3 Dec 2024.pdf | 12 Feb 2025 |
| Certificates of CA (Form 3)File: Scanned PalmNest3-Form3-2024Sep_Signed (1).pdf | 12 Feb 2025 |
| Certificates of CA (Form 3)File: Scanned PalmNest3-Form3-2024Jun_Signed.pdf | 12 Feb 2025 |
| Certificates of CA (Form 3)File: Scanned Revised Form3-PalmNest3-Dt2023Dec311.pdf | 12 Feb 2025 |
| Certificates of CA (Form 3)File: Scanned Revised Form3-PalmNest3-Dt2023Jun30-DSC.pdf | 12 Feb 2025 |
| Certificates of CA (Form 3)File: Scanned Form3-Phase3-Mar23 (1).pdf | 12 Feb 2025 |
| Certificates of CA (Form 3)File: Scanned Form 3 MahaRERA-Palm Nest III-Jan 2023.pdf | 12 Feb 2025 |
| Certificates of CA (Form 3)File: Scanned Form 3 MahaRERA-Palm Nest III.pdf | 12 Feb 2025 |
| Certificates of CA (Form 3)File: Scanned Form3-PalmNest3-2022Jun30-DSC.pdf | 12 Feb 2025 |
| Certificates of CA (Form 3)File: Scanned PalmNest3-Form3-2024Mar_Signed.pdf | 12 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Dec 24.pdf | 12 Feb 2025 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Sold-Booked Inventory 30-12-24.pdf | 12 Feb 2025 |
| Layout approvalFile: Sheet No 1 of 22 Layout.pdf | 18 Dec 2024 |
| Layout approvalFile: Sheet No 17 of 22 - G.pdf | 18 Dec 2024 |
| Layout approvalFile: Sheet No 18 of 22 - G.pdf | 18 Dec 2024 |
| Layout approvalFile: Sheet No 19 of 22 - G.pdf | 18 Dec 2024 |
| Layout approvalFile: Sheet No 20 of 22 - G.pdf | 18 Dec 2024 |
| Building plan approvalFile: Sheet No 1 of 22 Layout.pdf | 18 Dec 2024 |
| Copy of Layout Approval (in case of layout)File: Sheet No 17 of 22 - G.pdf | 18 Dec 2024 |
| Copy of Layout Approval (in case of layout)File: Sheet No 1 of 22 Layout.pdf | 18 Dec 2024 |
| Copy of Layout Approval (in case of layout)File: Sheet No 20 of 22 - G.pdf | 18 Dec 2024 |
| Copy of Layout Approval (in case of layout)File: Sheet No 19 of 22 - G.pdf | 18 Dec 2024 |
| Copy of Layout Approval (in case of layout)File: Sheet No 18 of 22 - G.pdf | 18 Dec 2024 |
| Certificates of CA (Form 3)File: PalmNest3-Form3-2024Sep_Signed.pdf | 18 Dec 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: Palmnest Commencement Certificate 09-12-2024.pdf | 18 Dec 2024 |
| Building Plan Approval (IOD)File: Sheet No 1 of 22 Layout.pdf | 18 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 17 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 17 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 17 Dec 2024 |
| Certificates of CA (Form 3)File: PalmNest3-Form3-2024Jun_Signed.pdf | 17 Dec 2024 |
| Certificates of CA (Form 3)File: PalmNest3-Form3-2024Mar_Signed.pdf | 17 Dec 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 17 Dec 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 17 Dec 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 17 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: Revised disclosure of sold booked inventory.pdf | 17 Dec 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A.pdf | 17 Dec 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form5-PalmNest3-2024Mar.pdf | 17 Dec 2024 |
| Details of encumbrances concerned to FinanceFile: Mortgage and Hyphothication Index II.pdf | 2 Jul 2024 |
| Details of encumbrances concerned to LegalFile: Mortgage and Hyphothication Index II.pdf | 2 Jul 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 30-06-23.pdf | 28 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 30-09-23.pdf | 28 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 31-12-23.pdf | 28 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 30-06-23.pdf | 28 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 30-09-23.pdf | 28 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 31-12-23.pdf | 28 Feb 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A 30-06-23.pdf | 28 Feb 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A 30-09-23.pdf | 28 Feb 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A 31-12-23.pdf | 28 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Cerificate-Form 1.pdf | 21 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineers Certificate-Form 2.pdf | 21 Feb 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Engineers Certificate-Form 2.pdf | 21 Feb 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Engineers Certificate Form 2a.pdf | 21 Feb 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5-31 March 2023.pdf | 21 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: Revised Sold-Unsold Inventory 31-12-2023.pdf | 16 Feb 2024 |
| Certificates of CA (Form 3)File: Revised Form3-PalmNest3-Dt2023Dec31.pdf | 16 Feb 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Revised Disclosure of interest in other real estate projects.pdf | 16 Feb 2024 |
| OtherFile: Revised Format B-Extention Declaration.pdf | 16 Feb 2024 |
| Details of encumbrancesFile: MORGAGE DEED 2727-2024-5.pdf | 15 Feb 2024 |
| Declaration in FORM BFile: Form B-as per Rera.pdf | 1 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICATE FORM 1.pdf | 1 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Engineers Certificate.pdf | 1 Feb 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2a engineers Certificate.pdf | 1 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: Sold-Booked Inventory Disclosure 31-12-23.pdf | 1 Feb 2024 |
| Certificates of CA (Form 3)File: Form3-Phase3-Mar23 (1).pdf | 1 Feb 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form5-PalmNest3-Mar23-DSC.pdf | 1 Feb 2024 |
| OtherFile: Disclosure of interest in other real estate org.pdf | 1 Feb 2024 |
| OtherFile: Format-B Extention Declaration.pdf | 1 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Sold-Unsold Inventory.pdf | 4 Jan 2023 |
| Details of encumbrances concerned to FinanceFile: Non Encomrance Certificate-legal.pdf | 3 Jan 2023 |
| Details of encumbrances concerned to FinanceFile: Non encomrance certificate-finance.pdf | 3 Jan 2023 |
| Details of encumbrances concerned to LegalFile: Non Encomrance Certificate-legal.pdf | 3 Jan 2023 |
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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.
- 3 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 3 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 172 filed documents as one ZIP, foldered, with a manifest
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Builder: NG RATHI PROPERTIES LLP
NG RATHI PROPERTIES LLP has 4 registrations on MahaRERA, including PALM NEST-PHASE I and PALM NEST PHASE II. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What are my rights if PALMNEST PHASE III is delayed beyond 30 Jun 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 PALMNEST PHASE III?
The registered promoter entity is NG RATHI PROPERTIES 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 PALMNEST PHASE 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 do I read the complaint cases filed against PALMNEST PHASE III?
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 PALMNEST PHASE 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.
What should I check before booking in PALMNEST PHASE 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; 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.
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