Home / Browse projects / Pune, Maharashtra / Prakruti Palladium Phase 2
Prakruti Palladium Phase 2
RG-MH-77748 · RERA P52100051757 · Last updated on MahaRERA portal: 21 Aug 2026
Source: official MahaRERA filing
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Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against every project registered within 2 km.
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Prakruti Palladium Phase 2 is a Residential / Group Housing project by Aspire Realty Spaces LLP in Pune, Maharashtra, registered with MahaRERA as P52100051757 on 27 Jun 2023. Possession is promised by 29 Mar 2027. 2 of the 98 units on this registration are recorded sold or booked, and 2 of 22 construction stages are filed complete.
At a glance
Project
- NamePrakruti Palladium Phase 2
- TypeResidential / Group Housing
- Location
- Punyadham Ashram Road
- Kondhawa
- kondhwa BK
- Haveli
- Pune
- 411048
- Pincode411048
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100051757
- ReraGenie IDRG-MH-77748
Builder
- NameAspire Realty Spaces LLP
- Entity typeLimited Liability Partnership
- LLPINAAD-9076
- GSTIN27ABJFA3344B1ZU
- PartnersMohseen Mustak Shaikh, Mustak Saheblal Shaikh
- Declared earlier projects1 →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on27 Jun 2023
- Promised completion29 Mar 2027
- Revised completionNone
- Buildings2 building records
- Documents filed71 files
Current status
Figures as on 21 Aug 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Wing A | NA | 8 | 5 | 49 | 0 | 49 |
| Wing B | NA | 8 | 5 | 49 | 0 | 49 |
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 21 Aug 2026, 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.
2 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Basement (if any), at 35%.
Wing A12%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 35% |
| 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% |
Wing B12%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 35% |
| 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 amenities15
As on 21 Aug 2026, 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 | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| 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 | No | Not applicable |
Parking filed306
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 |
|---|---|---|---|
| Wing A | 25 | 128 | 153 |
| Wing B | 25 | 128 | 153 |
Land and ownership
Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| Wing A | NA | Rs 33.79 cr | Rs 1.04 cr |
| Wing B | NA | Rs 33.79 cr | Rs 1.04 cr |
| - | NA | Rs 4.09 cr | - |
Certifying professionals and partners6
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Jay Aeram |
| Engineer | Satish Marathe Consulting Engineers |
| Engineer | Nabirasul mashak shaikh |
| Chartered Accountant | R R Bafna and Associates |
| Chartered Accountant | Mohammad Asad & Co. |
| Chartered Accountant | Avtarsingh Saini |
| Partner | Role in project |
|---|---|
| Aspire Realty Spaces LLP | - |
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 13 Jun 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 30 May 2023 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 30 May 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 30 May 2023Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot due yet
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
possession is promised for 29 Mar 2027
Documents filed71
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 |
|---|---|
| Withdrawal Update Form 1File: FORM 1 Q2-25-26 updated.pdf | 21 Aug 2026 |
| Withdrawal Update Form 2File: Final Form 2 Q2.pdf | 21 Aug 2026 |
| Withdrawal Update Form 3File: Withdrawal Application Form3-sign.pdf | 21 Aug 2026 |
| Withdrawal Update Form 1File: AR - June 25.pdf | 8 Sep 2025 |
| Withdrawal Update Form 2File: FORM 2 Engineer ARS.pdf | 8 Sep 2025 |
| Withdrawal Update Form 3File: Form3-june2025.pdf | 8 Sep 2025 |
| Form 1File: From1-Sept 24.pdf | 3 Jul 2025 |
| Form 2File: Form2 30-09-2024.pdf | 3 Jul 2025 |
| Form 3File: CA - Sep 24.pdf | 3 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Inventory_disclosure_Sold_Unsold-Sep 2024(1).pdf | 3 Jul 2025 |
| Form 1File: Form1 - Dec 24.pdf | 3 Jul 2025 |
| Form 2File: ER - Dec 24.pdf | 3 Jul 2025 |
| Form 3File: CA - Dec 24.pdf | 3 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Inventory_disclosure_Sold_Unsold Dec and sep.pdf | 3 Jul 2025 |
| Form 1File: form1 -March 25.pdf | 3 Jul 2025 |
| Form 2File: ER - March 25.pdf | 3 Jul 2025 |
| Form 3File: CA - March 25.pdf | 3 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Inventory_disclosure_Sold_Unsold-Mar25.pdf | 3 Jul 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form3_dec2024.pdf | 6 May 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form3_march2025.pdf | 6 May 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 30-09-2024.pdf | 5 Dec 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form2 30-09-2024.pdf | 5 Dec 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form3-30-06-2024.pdf | 28 Jul 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form5-Mar24.pdf | 28 Jul 2024 |
| Disclosure of sold/ booked inventoryFile: sold-unsold-30-06-2024.pdf | 21 Jul 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form1-30-06-2024.pdf | 20 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form2-30-06-24.pdf | 20 Jul 2024 |
| Disclosure of sold/ booked inventoryFile: Inventory-30-06-2023.pdf | 15 Apr 2024 |
| Disclosure of sold/ booked inventoryFile: Inventory-30-09-2023.pdf | 15 Apr 2024 |
| Disclosure of sold/ booked inventoryFile: Inventory-31-12-2023.pdf | 15 Apr 2024 |
| Disclosure of sold/ booked inventoryFile: Inventory-31-03-2024.pdf | 15 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1-30-06-2023.pdf | 14 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1- 30-09-2023.pdf | 14 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1- 30-12-2023.pdf | 14 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1- 31-03-2024.pdf | 14 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form3-2023-06-30.pdf | 14 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form3-2023-09-30.pdf | 14 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form3-2023-12-31.pdf | 14 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form3-2024-03-31.pdf | 14 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM2.pdf | 10 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2-30-09-2023.pdf | 10 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2-31-12-2023.pdf | 10 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2-31-03-2024.pdf | 10 Apr 2024 |
| Copy of the legal title reportFile: 1 Copy of the legal title report (60)_11zon.pdf | 13 Jun 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate (11)_11zon.pdf | 13 Jun 2023 |
| Proforma of Agreement for saleFile: 1 Proforma of Agreement for sale (14).pdf | 13 Jun 2023 |
| Building plan approvalFile: 3 Building Plan Approval _ NA Order for plotted development (3).pdf | 30 May 2023 |
| Layout approvalFile: PLAN-01-03_11zon_rotated.pdf | 30 May 2023 |
| Building plan approvalFile: PLAN-01-03_11zon_rotated.pdf | 30 May 2023 |
| Building plan approvalFile: 2 Building Plan Approval _ NA Order for plotted development (7).pdf | 30 May 2023 |
| Details of encumbrances concerned to FinanceFile: ENCUMBRANCE LETTER -Dues.pdf | 30 May 2023 |
| Details of encumbrances concerned to FinanceFile: No ENCUMBRANCE LETTER Litigations-DESKTOP-5UJT4AP.pdf | 30 May 2023 |
| Details of encumbrances concerned to LegalFile: ENCUMBRANCE LETTER -Dues.pdf | 30 May 2023 |
| Details of encumbrances concerned to LegalFile: No ENCUMBRANCE LETTER Litigations-DESKTOP-5UJT4AP.pdf | 30 May 2023 |
| Copy of Layout Approval (in case of layout)File: PLAN-01-03_11zon_rotated.pdf | 30 May 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: PLAN-01-03_11zon_rotated.pdf | 30 May 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: 2 Building Plan Approval _ NA Order for plotted development (7).pdf | 30 May 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: 3 Building Plan Approval _ NA Order for plotted development (3).pdf | 30 May 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: CC-3269-22 DT-15-03-2023_11zon.pdf | 30 May 2023 |
| Declaration about Commencement CertificateFile: New Format D(32) More than one building.pdf | 30 May 2023 |
| CERSAI detailsFile: Cersai Encumbrance Declaration against loan.pdf | 30 May 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Format A Bank account.pdf | 30 May 2023 |
| Other - TechnicalFile: ilovepdf_merged (12).pdf | 30 May 2023 |
| Deviation Report with respect to Allotment letterFile: 7 No Deviation.pdf | 20 May 2023 |
| Deviation Report with respect to model copy of AgreementFile: 7 No Deviation.pdf | 20 May 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: 5 Interest on other firms.pdf | 9 May 2023 |
| PAN CardFile: 1 PAN.pdf | 30 Apr 2023 |
| Declaration in FORM BFile: 9 Form B Decl.pdf | 30 Apr 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 10 Architect Certificate.pdf | 30 Apr 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 11 Engineer Certificate.pdf | 30 Apr 2023 |
| Proforma of Allotment letterFile: 24 Allotment Letter Proforma.pdf | 30 Apr 2023 |
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.
| Project | Location | Flats | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|---|
| Quba ResidencyP52100032265 | Nana Peth, Pune, Pune | 48 | Dec 2021 | Ongoing | Dec 2025 | Not delivered |
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Buyer report
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Builder: Aspire Realty Spaces LLP
Aspire Realty Spaces LLP has 1 registration on MahaRERA, including Prakruti Palladium Phase 2. Its filings disclose 1 earlier MahaRERA project, none completed yet. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What are my rights if Prakruti Palladium Phase 2 is delayed beyond 29 Mar 2027?
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 Prakruti Palladium Phase 2?
The registered promoter entity is Aspire Realty Spaces LLP, a limited liability partnership as per the filing. Its LLPIN AAD-9076 and GSTIN 27ABJFA3344B1ZU 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 Prakruti Palladium Phase 2?
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 Prakruti Palladium Phase 2?
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 Prakruti Palladium Phase 2?
The professionals named in the filing: Architect: Jay Aeram; Engineer: Satish Marathe Consulting Engineers; Engineer: Nabirasul mashak shaikh; Chartered Accountant: R R Bafna and Associates; Chartered Accountant: Mohammad Asad & Co.; Chartered Accountant: Avtarsingh Saini. 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 Prakruti Palladium Phase 2?
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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