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Registration lapsed Litigation declared Residential / Group Housing project

Princetown Tower - C2

By Manikchand Kumar Properties

RG-MH-99768 · RERA P52100045982 · Last updated on MahaRERA portal: 26 Sep 2025

Source: official MahaRERA filing

Red flags

  • Registration lapsed
  • Possession 10 months past the filed date
  • Litigation declared, 7 cases

Clear

  • No complaints on record
  • Completion date never moved
  • No encumbrance on the project land
  • Separate project account declared
  • Allotment letter follows the model form
  • All 7 earlier projects delivered on promise

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.
Dec 2025Possession promised10 months past this date
11 of 11Construction stages doneevery applicable stage filed complete
28 of 88Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 87 documents Report an error

Princetown Tower - C2 is a Residential / Group Housing project by Manikchand Kumar Properties in Pune, Maharashtra, registered with MahaRERA as P52100045982 on 15 Jun 2022. Possession was promised by 31 Dec 2025 and is now 10 months past that date. 60 of the 88 units on this registration are recorded sold or booked, and 11 of 11 construction stages are filed complete.

At a glance

Project

  • NamePrincetown Tower - C2
  • TypeResidential / Group Housing
  • Location
    • NIBM Road
    • Undri
    • Haveli
    • Pune
    • 411048
  • Pincode411048
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100045982
  • ReraGenie IDRG-MH-99768

Builder

  • NameManikchand Kumar Properties
  • Entity typePartnership
  • GSTIN27AANFM4061E1ZA
  • GSTIN is from this promoter's other MahaRERA registrations. This project's own filing does not repeat it.
  • PartnersAmeya Inderkumar Jain, Prakash Rasiklal Dhariwal, Rajas Vimalkumar Jain, Manish Vimalkumar Jain
  • Other registrations6 more →
  • Completed4 of 7
  • No longer live1 lapsed, de-registered or revoked
  • Declared earlier projects8 →

Key dates

10 months past promisethis monthRegisteredJun 2022PromisedDec 2025

Key facts

Registration and timeline

  • StatusRegistration lapsed
  • Registered on15 Jun 2022
  • Promised completion31 Dec 2025
  • Revised completionNone
  • Buildings1 building record
  • Documents filed87 files

Current status

68%60 of 88 units booked

Figures as on 26 Sep 2025, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
C2NA242288088

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 26 Sep 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.

11 of 11 construction stages are filed complete.

C2: 100% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
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 26 Sep 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 & FootpathsYes100%
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes100%
Street LightingYes100%
Community BuildingsYes100%
Treatment And Disposal Of Sewage And Sullage WaterYes100%
Solid Waste Management And DisposalYes100%
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 SpaceYes100%
Open ParkingYes100%

Parking filed88

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 slots88
Closed/Covered65
Open Space23

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.

Land area5,037 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on4 Aug 2025

Approvals and building plan

Sanctioning authorityPune Municipal Corporation
Permissible FSI8563.3
Proposed, not sanctioned8,563 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 branchKP Housing Society General Thimayya Road East Street Camp Pune 411001

Certifying professionals and partners4

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

RoleName
ArchitectVoussoir Architect
EngineerHarshad Pendse
Chartered AccountantSupriya Mundada
Chartered AccountantKailash Agarwal & Asso.
PartnerRole in project
Manikchand Kumar Properties-

Litigation declared7

CaseCourtStatus
622/2015Civil Court Senior Divisionpending
1901/2013Civil Court Senior DivisionOngoing
1700/2018Civil CourtOngoing
42/2019Civil CourtOngoing
1156/2020Civil Courtpending
355/2015Consumer Disputes Redressal State CommissionDisposed
622/2015Civil Court Senior DivisionOngoing

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 14 Dec 2022
  2. Layout approvalOn the file

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

    uploaded 3 Apr 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 1 Apr 2023
  4. Commencement CertificateOn the file

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

    uploaded 1 Apr 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 13 Jan 2025

Documents filed87

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 87 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
Form 5 (FY 2024-2025)File: Form 5_PTT_C2.pdf26 Sep 2025
Architect’s Certificate on Completion of Project (Form 4)File: 250115_Form 4.pdf22 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Form 4.pdf20 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate.pdf20 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf20 Jan 2025
Disclosure of sold/ booked inventoryFile: 6_Disclosure of Sold Inventory.pdf20 Jan 2025
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: 241226_Completion Certificate.pdf13 Jan 2025
Proforma of Agreement for saleFile: 250113_AFS_R3.pdf13 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf2 Dec 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: 47_Princetown Tower - C2.pdf14 Oct 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: 47_Princetown Tower - C2.pdf14 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf20 Jul 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf20 Jul 2024
Disclosure of sold/ booked inventoryFile: 6_Disclosure of sold inventory.pdf20 Jul 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate_compressed.pdf20 Jul 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf20 Apr 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf20 Apr 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: 5_Form 2A.pdf20 Apr 2024
Disclosure of sold/ booked inventoryFile: 6_Princetown Tower - C2.pdf20 Apr 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate.pdf20 Apr 2024
Home Buyer /Allottee Grievance Redressal CellFile: 240308_Decl about Grievance Redressal Cell.pdf8 Mar 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf16 Jan 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf16 Jan 2024
Disclosure of sold/ booked inventoryFile: 5_Disclosure of sold inventory.pdf16 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate.pdf16 Jan 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf19 Oct 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf19 Oct 2023
Disclosure of sold/ booked inventoryFile: 6_Princetown Tower - C2.pdf19 Oct 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate_compressed.pdf19 Oct 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: 47_Princetown Tower - C2.pdf30 Sep 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf20 Jul 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf20 Jul 2023
Disclosure of sold/ booked inventoryFile: 6_Princetown Tower - C2.pdf20 Jul 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate_PT C2.pdf20 Jul 2023
Declaration about Commencement CertificateFile: 230331_Declaration about CC.pdf26 Apr 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf20 Apr 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf20 Apr 2023
Disclosure of sold/ booked inventoryFile: 32_Princetown Tower - C2.pdf20 Apr 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate.pdf20 Apr 2023
Layout approvalFile: 230403_Layout.pdf3 Apr 2023
Copy of Layout Approval (in case of layout)File: 230403_Layout.pdf3 Apr 2023
Building plan approvalFile: 230331_Sheet 14 of 22_C2_Bldg Plan_1.pdf1 Apr 2023
Building plan approvalFile: 230331_Sheet 19 of 22_C2_Bldg Plan_2.pdf1 Apr 2023
Building plan approvalFile: 230331_Sheet 20 of 22_C2_Bldg Plan_3.pdf1 Apr 2023
Building Plan Approval / NA Order for plotted developmentFile: 230331_Sheet 14 of 22_C2_Bldg Plan_1.pdf1 Apr 2023
Building Plan Approval / NA Order for plotted developmentFile: 230331_Sheet 19 of 22_C2_Bldg Plan_2.pdf1 Apr 2023
Building Plan Approval / NA Order for plotted developmentFile: 230331_Sheet 20 of 22_C2_Bldg Plan_3.pdf1 Apr 2023
Commencement Certificates / NA Order for plotted developmentFile: 230331_Commencement Certificate.pdf1 Apr 2023
Proforma of Allotment letterFile: 230331_Allotment and Agreement_R1.pdf1 Apr 2023
Proforma of Agreement for saleFile: 230331_Allotment and Agreement_R1.pdf1 Apr 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf23 Jan 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf23 Jan 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf23 Jan 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf23 Jan 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf23 Jan 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate.pdf23 Jan 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate_compressed.pdf23 Jan 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate.pdf23 Jan 2023
Disclosure of sold/ booked inventoryFile: 32_Princetown Tower - C2.pdf13 Jan 2023
Copy of the legal title reportFile: 221205_Legal Title Report_compressed.pdf14 Dec 2022
Details of encumbrances concerned to FinanceFile: 221208_Encumbrance Certificate_R1.pdf14 Dec 2022
Details of encumbrances concerned to LegalFile: 221208_Encumbrance Certificate_R1.pdf14 Dec 2022
Declaration in FORM BFile: 221208_Form B_Declaration_R1.pdf14 Dec 2022
Disclosure of sold/ booked inventoryFile: 32_Princetown Tower - C2.pdf8 Nov 2022
Building plan approvalFile: 220321_Typ Fl_Building Plan.pdf22 Sep 2022
Building Plan Approval / NA Order for plotted developmentFile: 220321_Typ Fl_Building Plan.pdf22 Sep 2022
CERSAI detailsFile: 15_CERSAI Certificate_R2.pdf4 Jun 2022
Copy of the legal title reportFile: 2_220513_Legal Title Report_As per New Format.pdf2 Jun 2022
Copy of the legal title reportFile: 2_210709_Continuation Title Opinion.pdf2 Jun 2022
Copy of the legal title reportFile: 2_190216_Legal Title Report_3.pdf2 Jun 2022
Copy of the legal title reportFile: 2_180521_Legal Title Report_2.pdf2 Jun 2022
Copy of the legal title reportFile: 2_160922_Legal Title Report_1.pdf2 Jun 2022
Details of encumbrancesFile: 3_Encumbrance Certificate.pdf2 Jun 2022
Declaration in FORM BFile: 6_Form B_Declaration.pdf2 Jun 2022
Building plan approvalFile: 13_Building Plan - 1.pdf26 May 2022
Building plan approvalFile: 13_Building Plan - 2.pdf26 May 2022
Building plan approvalFile: 13_Building Plan - 3.pdf26 May 2022
Building Plan Approval / NA Order for plotted developmentFile: 13_Building Plan - 1.pdf26 May 2022
Building Plan Approval / NA Order for plotted developmentFile: 13_Building Plan - 2.pdf26 May 2022
Building Plan Approval / NA Order for plotted developmentFile: 13_Building Plan - 3.pdf26 May 2022

Promoter's earlier projects7

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.

7 delivered on promise
ProjectLocationFlatsRegisteredStatusPromisedDelivered
Princetown Royal - B3 and B6P52100046228Undri, Pune116Jun 2022CompletedMay 2027Dec 2025
Princetown Royal - B5P52100027928Undri, Pune-Jan 2021CompletedJun 2025May 2024
Princetown Tower - C3Undri Pune85-CompletedJul 2023Sep 2021
Princetown Royal - B2Undri Pune58-CompletedSep 2022Apr 2021
Princetown Royal - B4Undri Pune54-CompletedDec 2021Oct 2018
Princetown Royal - B1Undri Pune54-CompletedSep 2015Jul 2015
Kumar Princetown A1 to A4Undri Pune176-CompletedFeb 2013Sep 2011

How this compares with Pune

68%of this project is bookeddistrict median 31%
26%of Pune projects moved their completion datethis one has not
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 Undri13,700+ in Pune

2 kmPrincetown Tower - C2Completed 82Lapsed / revoked 36Other 98Dot size: filed unitsN

Filed coordinates, straight-line distance. 216 registered projects within 2 km.

Builder: Manikchand Kumar Properties

Manikchand Kumar Properties has 7 registrations on MahaRERA, including Princetown Tower - C3 and Princetown Royal - B2. Its filings disclose 8 earlier MahaRERA projects: declares 8 of 8 past projects completed on time. Litigation is declared on 4 of its registrations. Read the full track record. See more projects on the Pune district page.

Frequently asked questions

What does it mean that Princetown Tower - C2 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 Princetown Tower - C2 is delayed beyond 31 Dec 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 Princetown Tower - C2?

The registered promoter entity is Manikchand Kumar Properties, a partnership as per the filing. Its GSTIN 27AANFM4061E1ZA 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 Princetown Tower - C2?

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 Princetown Tower - C2?

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 Princetown Tower - C2?

The professionals named in the filing: Architect: Voussoir Architect; Engineer: Harshad Pendse; Chartered Accountant: Supriya Mundada; Chartered Accountant: Kailash Agarwal & Asso.. 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 Princetown Tower - C2?

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; how the declared litigation on this registration affects your risk; whether construction progress keeps pace with sales in the coming quarters. 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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