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Registration lapsed No litigation declared Others project

PENTAGON TOWERS

By RAICHANDANI CONSTRUCTIONS & DEVELOPERS

RG-MH-12857 · RERA P52100021223 · Last updated on MahaRERA portal: 30 Jan 2025

Source: official MahaRERA filing

Red flags

  • Registration lapsed
  • Possession 27 months past the filed date
  • Completion date moved by 16 months
  • 5 extensions taken

Clear

  • No litigation declared
  • No complaints on record
  • Separate project account declared
  • Allotment letter follows the model form
  • All 1 earlier projects delivered on promise

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.

See what the report covers Free either way: or have every new Pune registration emailed to you, free during the pilot beta.
Jul 2024Possession promised27 months past this date
9 of 11Construction stages donefurthest along: Sanitary Fittings within the flats /..., 97%
0Complaints at MahaRERAon this registration
Jump to the 187 documents Report an error

PENTAGON TOWERS is a Others project by RAICHANDANI CONSTRUCTIONS & DEVELOPERS in Pune, Maharashtra, registered with MahaRERA as P52100021223 on 14 Jun 2019. Possession was promised by 1 Jul 2024 and is now 27 months past that date. The completion date has moved by 16 months from the original filing.

At a glance

Project

  • NamePENTAGON TOWERS
  • TypeOthers
  • Location
    • KARVENAGAR
    • KARVENAGAR HINGNE BUDRUK
    • Karve Nagar
    • Haveli
    • Pune
    • 411052
  • Pincode411052
  • RERA no.P52100021223
  • ReraGenie IDRG-MH-12857

Builder

  • NameRAICHANDANI CONSTRUCTIONS & DEVELOPERS
  • Entity typePartnership
  • GSTIN27AAYFR1876R1ZU
  • PartnersPRATIK ANILKUMAR RAICHANDANI, DINESH PRAKASHLAL RAICHANDANI, KUNAL RAJKUMAR RAICHANDANI, RAJKUMAR DOULATRAM RAICHANDANI
  • Other registrations3 more →
  • Completed1 of 4
  • No longer live1 lapsed, de-registered or revoked
  • Declared earlier projects3 →

Key dates

27 months past promisethis monthRegisteredJun 2019First promiseMar 2023Revised toJul 2024

Key facts

Registration and timeline

  • StatusRegistration lapsed
  • Registered on14 Jun 2019
  • Promised completion1 Jul 2024
  • Revised completionRevised to 1 Jul 2024 (originally 30 Mar 2023)
  • Buildings1 building record
  • Documents filed187 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
PENTAGON TOWERSNA120000

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 30 Jan 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.

9 of 11 construction stages are filed complete. The stage furthest along is Sanitary Fittings within the flats / premises, at 97%.

PENTAGON TOWERS: 91% average across the applicable activities

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 / premises97%
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 30 Jan 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 & FootpathsNoNot applicable
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes100%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes0%
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes100%
Energy managemcntYes100%
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed78

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 slots78
Closed/Covered78

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 area2,000 sq m
Land owned byThe promoter, with other names on the file
Named landowners2
LandownerVillageDistrict
RAICHANDANI CONSTRUCTIONS & DEVELOPERSPune (M Corp.)Pune
PENTAGON CONSTRUCTIONPune (M Corp.)Pune

Approvals and building plan

Permissible FSI7700.01
Proposed, not sanctioned7,699 sq m
Buildings approved1
Buildings sanctioned1

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 branchSHIROLE BHAVAN, PMT BUILDING, JANGLI MAHARAJ ROAD, 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
ArchitectGROUP CONSULTANT
EngineerM/s. G.A. Bhilare Consultants Pvt. Ltd
EngineerGANESH RAUT
Chartered AccountantSPAK & Co
PartnerRole in project
RAICHANDANI CONSTRUCTIONS & DEVELOPERS-

Extensions applied for5

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

EXT52100012438Mar 2023 → Jul 2023

Reason as filed by the promoterCovid

EXT52100019462Mar 2023 → Jul 2024

Reason as filed by the promoterProject completion is delayed due to delay in obtaining Government Aprovals(i.e. Completion/occupency Certificate). Please grant extension for the project is requested till 1/07/2024.

EXT52100018840Mar 2023 → Mar 2024

Reason as filed by the promoterdue to delay in Occupancy certificate from concerned department

EXT52100016874Mar 2023 → Oct 2023

Reason as filed by the promoterWe are applying for extension since construction work is in process and completion certificate from local authority is yet to obtain due to following reasons: a) Due to COVID-19 pandemic, the regular flow of work is hampered on account of unavailability of labour on regular basis. b) Appx 80% project is completed. We request you to kindly extend the project completion date to 31/10/2023.

EXT52100017782Mar 2023 → Jan 2024

Reason as filed by the promoterDue to Covid-19 pandemic we were not able to construct anymore because of lack of labour contractors and the poor market condition we were unable to complete the project within the due time. Hence, we request you to kindly allow us an extension till 31/01/2024 for completion of the project.

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 10 Jun 2019
  2. Layout approvalOn the file

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

    uploaded 13 Nov 2023
  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 13 Oct 2023
  4. Commencement CertificateOn the file

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

    uploaded 13 Oct 2023Confirm 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 27 Nov 2024

Documents filed187

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 187 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
Certificates of CA (Form 3)File: PENTAGON TOWER Q3 FORM 3 2024-2025.pdf30 Jan 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Pentagon Tower Form 2 Q3.pdf23 Jan 2025
Disclosure of sold/ booked inventoryFile: PENTAGON TOWER SOLD - UNSOLD Q3 2024-2025.pdf23 Jan 2025
Disclosure for secured/unsecured finance availed for the projectFile: PENTAGON TOWER SOLD - UNSOLD Q3 2024-2025.pdf23 Jan 2025
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Pentagon Tower Q3 Form 1.pdf20 Jan 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: PT-Q2-21-22.pdf23 Dec 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: PT-Q4-20-22.pdf23 Dec 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: PT-Q3-20-21.pdf23 Dec 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: PT-Q2-20-21.pdf23 Dec 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: PT-Q3-19-20.pdf23 Dec 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: PT-Q2-19-20-2.pdf23 Dec 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: PT-Q4-19-20 (2).pdf23 Dec 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: PT-Q1-19-20-1.pdf23 Dec 2024
Certificates of CA (Form 3)File: 1 PT FORM 3 Q1 2019-2020_compressed.pdf18 Dec 2024
Certificates of CA (Form 3)File: 2 PT FORM 3 Q2 2019-2020_compressed.pdf18 Dec 2024
Certificates of CA (Form 3)File: 3 PT FORM 3 Q3 2019-2020_compressed.pdf18 Dec 2024
Certificates of CA (Form 3)File: 4 PT FORM 3 Q4 2019-2020_compressed.pdf18 Dec 2024
Certificates of CA (Form 3)File: 5 PT FORM 3 Q2 2020-2021_compressed.pdf18 Dec 2024
Certificates of CA (Form 3)File: 6 PT FORM 3 Q3 2020-2021_compressed.pdf18 Dec 2024
Certificates of CA (Form 3)File: 7 PT FORM 3 Q4 2020-2021_compressed.pdf18 Dec 2024
Certificates of CA (Form 3)File: 8 PT FORM 3 Q1 2021-2022_compressed.pdf18 Dec 2024
Certificates of CA (Form 3)File: 9 PT FORM 3 Q2 2021-2022_compressed.pdf18 Dec 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: PT AR 30-9-22.pdf9 Dec 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: PT AR 30-6-22.pdf9 Dec 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: PT AR 31-3-22.pdf9 Dec 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: PT AR 31-12-21.pdf9 Dec 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: PT AR 30-9-21.pdf9 Dec 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: PT AR 30-6-21.pdf9 Dec 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: PT AR 30-12-20_compressed.pdf9 Dec 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: PT AR 30-9-20_compressed.pdf9 Dec 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: PT AR 31-3-20_compressed.pdf9 Dec 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: PT AR 31-12-19_compressed.pdf9 Dec 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: PT AR 30-9-19_compressed.pdf9 Dec 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: PT AR 30-6-19_compressed.pdf9 Dec 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: PT AR 30-3-21.pdf9 Dec 2024
Architect’s Certificate on Completion of Project (Form 4)File: PENTAGON TOWER FORM 4.pdf9 Dec 2024
Disclosure of sold/ booked inventoryFile: PT SD 31-03-20_compressed.pdf9 Dec 2024
Disclosure of sold/ booked inventoryFile: PT SD 30-9-22_compressed.pdf9 Dec 2024
Disclosure of sold/ booked inventoryFile: PT SD 30-6-22_compressed.pdf9 Dec 2024
Disclosure of sold/ booked inventoryFile: PT SD 31-3-22_compressed.pdf9 Dec 2024
Disclosure of sold/ booked inventoryFile: PT SD 31-12-21_compressed.pdf9 Dec 2024
Disclosure of sold/ booked inventoryFile: PT SD 30-09-21_compressed.pdf9 Dec 2024
Disclosure of sold/ booked inventoryFile: PT SD 30-06-21_compressed.pdf9 Dec 2024
Disclosure of sold/ booked inventoryFile: PT SD 31-03-21_compressed.pdf9 Dec 2024
Disclosure of sold/ booked inventoryFile: PT SD 31-12-20_compressed.pdf9 Dec 2024
Disclosure of sold/ booked inventoryFile: PT SD 31-09-20_compressed.pdf9 Dec 2024
Disclosure of sold/ booked inventoryFile: PT SD 31-12-19_compressed.pdf9 Dec 2024
Disclosure of sold/ booked inventoryFile: PT SD 30-09-19_compressed.pdf9 Dec 2024
Disclosure of sold/ booked inventoryFile: PT SD 30-06-19_compressed.pdf9 Dec 2024
Certificates of CA (Form 3)File: pentagon tower certificate.pdf5 Dec 2024
Certificates of CA (Form 3)File: pentagon tower certificate.pdf5 Dec 2024
Certificates of CA (Form 3)File: pentagon tower certificate.pdf5 Dec 2024
Certificates of CA (Form 3)File: pentagon tower certificate.pdf5 Dec 2024
Certificates of CA (Form 3)File: pentagon tower certificate.pdf5 Dec 2024
Certificates of CA (Form 3)File: pentagon tower certificate.pdf5 Dec 2024
Certificates of CA (Form 3)File: pentagon tower certificate.pdf5 Dec 2024
Certificates of CA (Form 3)File: pentagon tower certificate.pdf5 Dec 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Final Completion.pdf27 Nov 2024
Certificates of CA (Form 3)File: Pentagon Towers_Form 3_Sep24s.pdf7 Nov 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: PT Form 1.pdf30 Oct 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: PT Form 2.pdf30 Oct 2024
Disclosure of sold/ booked inventoryFile: PT Sold Unsold.pdf28 Oct 2024
Disclosure of sold/ booked inventoryFile: PT SOLD - UNSOLD.pdf2 Aug 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: pentagon tower form 1 Q1 2024-2025.pdf31 Jul 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: engineering certificate form 2 Q1 2024-25.pdf31 Jul 2024
Certificates of CA (Form 3)File: PENTAGON TOWER Q1 FORM 3 2024-2025.pdf31 Jul 2024
Disclosure of sold/ booked inventoryFile: pentagon tower sold unsold.pdf23 May 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: PENTAGON TOWER FORM 2A 2023-2024.pdf22 May 2024
Disclosure of sold/ booked inventoryFile: pentagon tower sold.pdf22 May 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: PENTAGON TOWER Q4 2023-2024.pdf15 May 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: PENTAGON TOWER FORM 2 Q4 2023-2024.pdf15 May 2024
Certificates of CA (Form 3)File: PENTAGONTOWER Q4 FORM 5 2023-2024_compressed.pdf25 Apr 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: rajkumar sir.pdf15 Apr 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: pratik sir.pdf15 Apr 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: karan sir.pdf15 Apr 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: kunal sir.pdf15 Apr 2024
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: pentagon tower separate bank account.pdf15 Apr 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: PENTAGON TOWER PART OC.pdf29 Mar 2024
Certificates of CA (Form 3)File: pt.pdf22 Jan 2024
Declaration in FORM BFile: FORM B PENTAGON TOWER.pdf18 Jan 2024

Promoter's earlier projects1

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.

1 delivered on promise
ProjectLocationFlatsRegisteredStatusPromisedDelivered
TEN SQUAREP52100021256BIBVEWADI MUNJERI, LULLANAGAR, Pune36Jun 2019CompletedMar 2022Mar 2022

How this compares with Pune

26%of Pune projects moved their completion datethis one moved by 16 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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Other projects near KARVENAGAR HINGNE BUDRUK13,700+ in Pune

Builder: RAICHANDANI CONSTRUCTIONS & DEVELOPERS

RAICHANDANI CONSTRUCTIONS & DEVELOPERS has 4 registrations on MahaRERA, including TEN SQUARE and PENTAGON TOWERS. Its filings disclose 3 earlier MahaRERA projects: declares 2 of 2 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 PENTAGON TOWERS 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 PENTAGON TOWERS is delayed beyond 1 Jul 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 PENTAGON TOWERS?

The registered promoter entity is RAICHANDANI CONSTRUCTIONS & DEVELOPERS, a partnership as per the filing. Its GSTIN 27AAYFR1876R1ZU 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 PENTAGON TOWERS?

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 PENTAGON TOWERS?

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 PENTAGON TOWERS?

The professionals named in the filing: Architect: GROUP CONSULTANT; Engineer: M/s. G.A. Bhilare Consultants Pvt. Ltd; Engineer: GANESH RAUT; Chartered Accountant: SPAK & 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 PENTAGON TOWERS?

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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