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PANAMA PARK
By The Kallyaanee Fortune Properties
RG-MH-04948 · RERA P52100020820 · Last updated on MahaRERA portal: 17 Feb 2024
Source: official MahaRERA filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 3 other registrations and every project registered within 2 km.
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PANAMA PARK is a Others project by The Kallyaanee Fortune Properties in Pune, Maharashtra, registered with MahaRERA as P52100020820 on 10 May 2019. The registration is recorded completed; possession was promised by 30 Dec 2024.
At a glance
Project
- NamePANAMA PARK
- TypeOthers
- Location
- Off Porwal Road
- Lohgaon
- Haveli
- Pune
- 411047
- Pincode411047
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100020820
- ReraGenie IDRG-MH-04948
Builder
- NameThe Kallyaanee Fortune Properties
- Entity typePartnership
- PartnersSHEKHAR RAJNIKANT SHAH, TULSIBEN K SANGHVI, KUSHALCHAND JASRAJJI SANGHVI, MOHANLAL BHURMALJI JAIN, DEEPAK MOHANLAL JAIN, NAYANKUMAR MOHANLAL JAIN, HITESH KISHORE JAIN, SANJAY SHAMLAL AGARWAL, MITESH KISHORE JAIN, ROHIT KUMAR KISHORE KUMAR JAIN
- Other registrations3 more →
- Completed1 of 4
- No longer live1 lapsed, de-registered or revoked
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on10 May 2019
- Promised completion30 Dec 2024
- Revised completionNone
- Buildings2 building records
- Documents filed38 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| PANAMA PARK A WING | NA | 12 | 0 | 0 | 0 | 0 |
| PANAMA PARK B WING | 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 17 Feb 2024, 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.
1 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Excavation, at 80%.
PANAMA PARK A WING20%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 60% |
| Podiums (if any) | 0% |
| Plinth | 60% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| 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% |
PANAMA PARK B WING7%
| Activity | Progress |
|---|---|
| Excavation | 80% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| 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 amenities16
As on 17 Feb 2024, 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 | 0% |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | No | Not applicable |
| 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% |
| Retaining wall and basement | Yes | 60% |
Parking filed183
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 |
|---|---|---|---|
| PANAMA PARK A WING | 72 | 8 | 80 |
| PANAMA PARK B WING | 101 | 2 | 103 |
Land and ownership1
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 |
|---|---|---|
| SHANKAR KISAN NIMBALKAR | LOHGAON | 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 partners5
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | M/S Cubix Architects Associates |
| Engineer | Structure Vizion |
| Engineer | Mr. Laxman Birajdar (Senior Engineer) |
| Engineer | Mr. Rohit Bansal (Estimation Engineer) |
| Chartered Accountant | S. V. SHAH & ASSOCIATES |
| Partner | Role in project |
|---|---|
| The Kallyaanee Fortune Properties | - |
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.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 8 May 2019 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 8 May 2019 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 8 May 2019 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 8 May 2019Confirm 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 Aug 2023
Documents filed38
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 |
|---|---|
| Disclosure of sold/ booked inventoryFile: DISCLOSURE PANMA PARK MARCH 22.pdf | 17 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE PANAMA PARK JUNE 22.pdf | 17 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE PANAMA PARK SEP 22.pdf | 17 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE PANAMA PARK DEC 22.pdf | 17 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE PANAMA PARK MARCH 23.pdf | 17 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE PANAMA PARK June 23.pdf | 17 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE PANAMA PARK SEP 23.pdf | 17 Feb 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Full and Final Completion PP Club House.pdf | 26 Aug 2023 |
| Declaration about Commencement CertificateFile: DECLARATION ABOUT COMMENCEMENT CERTIFICATE - PANAMA PARK.pdf | 10 Aug 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: KFP QUALITY ASSURANCE CE 2019-20.pdf | 23 Jun 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: KFP QULITY ASSURANCE CER_2020-21.pdf | 23 Jun 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Form 5 Panama Park FY 2019-20_compressed.pdf | 11 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5 Panama Park FY 2020-21_compressed.pdf | 11 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form 5 Panama Park FY 2021-22_compressed.pdf | 11 Apr 2023 |
| Architect’s Certificate on Completion of Project (Form 4)File: PP FORM 4_001.pdf | 22 Feb 2023 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: REG CERTIFICATE_0001.pdf | 17 Feb 2023 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Panama Park Completion Certificate (2).pdf | 29 Dec 2022 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: 31-12-2019 FORM 1 Panama Park.pdf | 21 Feb 2020 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 31-12-2019 FORM 2 Panama Park.pdf | 21 Feb 2020 |
| Layout approvalFile: Sanction Layout.pdf | 8 May 2019 |
| Building plan approvalFile: Building Plans.pdf | 8 May 2019 |
| PAN CardFile: THE KFP PAN CARD.pdf | 8 May 2019 |
| Copy of the legal title reportFile: search report.pdf | 8 May 2019 |
| Copy of the legal title reportFile: old title report.pdf | 8 May 2019 |
| Details of encumbrancesFile: No Encumbrance Letter_KFP.pdf | 8 May 2019 |
| Copy of Layout Approval (in case of layout)File: Sanction Layout.pdf | 8 May 2019 |
| Building Plan Approval (IOD)File: Building Plans.pdf | 8 May 2019 |
| Commencement Certificates / NA Order for plotted developmentFile: commencement cert lohegaon panama park.pdf | 8 May 2019 |
| Commencement Certificates / NA Order for plotted developmentFile: commencement panama park Layout.pdf | 8 May 2019 |
| Declaration in FORM BFile: Form B KFP.pdf | 8 May 2019 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1_Panama Park FINAL.pdf | 8 May 2019 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Panama Park.pdf | 8 May 2019 |
| Certificates of CA (Form 3)File: rera form 3.pdf | 8 May 2019 |
| Proforma of Allotment letterFile: Draft allotment letter.pdf | 8 May 2019 |
| Proforma of Allotment letterFile: final draft agreement lohagoan.pdf | 8 May 2019 |
| OtherFile: revised partnership deed of kfp_compressed.pdf | 8 May 2019 |
| OtherFile: The KFP supp patnership deed.pdf | 8 May 2019 |
| OtherFile: nimbalkar_compressed (1)-min (1).pdf | 8 May 2019 |
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Buyer report
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- All 38 filed documents as one ZIP, foldered, with a manifest
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Builder: The Kallyaanee Fortune Properties
The Kallyaanee Fortune Properties has 4 registrations on MahaRERA, including PANAMA PARK and CHESTERFIELD WING D. 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 PANAMA PARK is delayed beyond 30 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 PANAMA PARK?
The registered promoter entity is The Kallyaanee Fortune Properties, 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 PANAMA PARK?
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 PANAMA PARK?
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 PANAMA PARK?
The professionals named in the filing: Architect: M/S Cubix Architects Associates; Engineer: Structure Vizion; Engineer: Mr. Laxman Birajdar (Senior Engineer); Engineer: Mr. Rohit Bansal (Estimation Engineer); Chartered Accountant: S. V. SHAH & ASSOCIATES. 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 PANAMA PARK?
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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