Home / Browse projects / Pune, Maharashtra / R7 - THE ALTIUS
R7 - THE ALTIUS
By PARANJAPE SPACES AND SERVICES PVT LTD
RG-MH-19080 · RERA P52100078116 · Last updated on MahaRERA portal: 10 Nov 2025
Source: official MahaRERA filing
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Red flags
- Litigation declared, 3 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
1 condition is 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.
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R7 - THE ALTIUS is a Residential / Group Housing project by PARANJAPE SPACES AND SERVICES PVT LTD in Pune, Maharashtra, registered with MahaRERA as P52100078116 on 25 Nov 2024. Possession is promised by 31 Jan 2030. 60 of the 138 units on this registration are recorded sold or booked, and 0 of 11 construction stages are filed complete.
At a glance
Project
- NameR7 - THE ALTIUS
- TypeResidential / Group Housing
- Location
- Hinjavadi
- Hinjavadi (CT)
- Mulshi
- Pune
- 411057
- Pincode411057
- RERA no.P52100078116
- ReraGenie IDRG-MH-19080
Builder
- NamePARANJAPE SPACES AND SERVICES PVT LTD
- Entity typeCompany
- DirectorsSACHIN BHALCHANDRA HIRAP, Pushkar Pramod Apte, Uttam Sambhaji Redkar
- Other registrations3 more →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on25 Nov 2024
- Promised completion31 Jan 2030
- Revised completionNone
- Buildings1 building record
- Documents filed61 files
Current status
Figures as on 10 Nov 2025, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| The Altius | NA | 39 | 39 | 130 | 8 | 138 |
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 10 Nov 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.
0 of 11 construction stages are filed complete. The stage furthest along is Excavation, at 20%.
The Altius: 2% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 20% |
| 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 amenities15
As on 10 Nov 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 | No | Not applicable |
| 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 | No | Not applicable |
| Open Parking | Yes | 0% |
Parking filed830
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 ownership3
MahaRERA does not publish landowner contact details. 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.
| Landowner | Village | District |
|---|---|---|
| Chatura Poojari | Pune (M Corp.) | Pune |
| Balbir Singh Garia | Pune (M Corp.) | Pune |
| Paranjape Schemes (Construction) Limited | Pune (M Corp.) | 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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| The Altius | NA | Rs 91.89 cr | Rs 1.02 cr |
| - | NA | Rs 25.88 cr | Rs 11.84 cr |
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 | SANDEEP HARDIKAR & ASSOCIATES |
| Engineer | Deepali Desai |
| Engineer | SACHIN GITE |
| Chartered Accountant | Kapure & Kapure |
| Chartered Accountant | MSKA & Associates |
| Partner | Role in project |
|---|---|
| PARANJAPE SPACES AND SERVICES PVT LTD | - |
Litigation declared3
| Case | Court | Status |
|---|---|---|
| 9028/2017/2017 | Bombay High Court | Matter is kept for pre admission according to sitting list |
| 9029/2017/2017 | Bombay High Court | Matter is kept for pre admission according to sitting list |
| WPST/6443/2016/2016 | Bombay High Court | Matter is kept for pre admission according to sitting list |
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 Nov 2024 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 7 Nov 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 7 Nov 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 4 Nov 2024Confirm 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 31 Jan 2030
Documents filed61
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 |
|---|---|
| Form 5 (FY 2024-2025)File: Form 5_R47_Signed.pdf | 10 Nov 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1- R7 Altius-Mar'25-uploaded.pdf | 28 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: R-7 The Altius.pdf | 11 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1-Altius Dec'24 form 1 signedoff-uploaded.pdf | 1 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1-Altius Dec'24 form 1 signedoff-uploaded.pdf | 1 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2-R7- The Altius-Dec'24-uploaded.pdf | 16 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2-R7- The Altius-Dec'24-uploaded.pdf | 16 Jan 2025 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: 202411211030.pdf | 21 Nov 2024 |
| Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: FORMAT B- Declaration by Bank-PSCL-CoPromoter-R7 The Altius.pdf | 21 Nov 2024 |
| Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: FORMAT B- Declaration by Bank-PSCL-CoPromoter-R7 The Altius.pdf | 21 Nov 2024 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: 202411211030.pdf | 21 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3_R7 Altius_181124_compressed.pdf | 18 Nov 2024 |
| Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: Format B Bank letterhead PSSPL.pdf | 18 Nov 2024 |
| Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: Format B Bank letterhead PSSPL.pdf | 18 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form 3_R7 Altius_181124_compressed.pdf | 18 Nov 2024 |
| Other - FinanceFile: Declaration cum undertaking for no sale by Shopowners- for PSSPL.pdf | 15 Nov 2024 |
| Copy of the legal title reportFile: LEGAL TITLE REPORT UPDATED 3.pdf | 13 Nov 2024 |
| Other - LegalFile: Assigment Deed.pdf | 13 Nov 2024 |
| Other - FinanceFile: Declrn of no sale by Landowner-Singh.pdf | 13 Nov 2024 |
| Other - FinanceFile: Declrn of no sale by Landowner-Pujari.pdf | 13 Nov 2024 |
| Other - FinanceFile: Declaration of no sale by landowner-Chauhan.pdf | 13 Nov 2024 |
| Deviation Report with respect to model copy of AgreementFile: Deviation Report-AFS- R7.pdf | 13 Nov 2024 |
| Proforma of Agreement for saleFile: 1309 24 9 1 clean 28 10 24 AFS - ALTIUS R7.pdf | 13 Nov 2024 |
| Building plan approvalFile: Plan 10.pdf | 7 Nov 2024 |
| Building plan approvalFile: Plan 9.pdf | 7 Nov 2024 |
| Building plan approvalFile: Plan 8.pdf | 7 Nov 2024 |
| Building plan approvalFile: Plan 7.pdf | 7 Nov 2024 |
| Building plan approvalFile: Plan 6.pdf | 7 Nov 2024 |
| Building plan approvalFile: Plan 5.pdf | 7 Nov 2024 |
| Building plan approvalFile: Plan 4.pdf | 7 Nov 2024 |
| Building plan approvalFile: Plan 3.pdf | 7 Nov 2024 |
| Building plan approvalFile: Plan 2.pdf | 7 Nov 2024 |
| Layout approvalFile: Plan 1.pdf | 7 Nov 2024 |
| Copy of Layout Approval (in case of layout)File: Plan 1.pdf | 7 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan 10.pdf | 7 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan 2.pdf | 7 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan 3.pdf | 7 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan 4.pdf | 7 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan 5.pdf | 7 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan 6.pdf | 7 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan 7.pdf | 7 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan 8.pdf | 7 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan 9.pdf | 7 Nov 2024 |
| Disclosure for secured/unsecured finance availed for the projectFile: 13 Declaration of Secured Unsecured Loans-R7 The altius.pdf | 7 Nov 2024 |
| Proforma of Allotment letterFile: 11 Proforma-Allotment letter-R7 The Altius-as per Order 60.pdf | 6 Nov 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 6 Nov 2024 |
| CERSAI detailsFile: CERSAI declaration.pdf | 6 Nov 2024 |
| Deviation Report with respect to Allotment letterFile: 12 Deviation Report of Allotment Letter-R7 The Altius.pdf | 6 Nov 2024 |
| Other - TechnicalFile: 23 Declaration cum Undertaking-PSSPL-R7 The Altius.pdf | 6 Nov 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A- Pushkar Apte-Disclosure of Interest-R7-The Altius.pdf | 6 Nov 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A -R7- The altius-PSSPL- Sachin hirap-Disclosure of Interest.pdf | 6 Nov 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A-Uttam Redkar-Disclosure of Interest-R7-The Altius.pdf | 6 Nov 2024 |
| PAN CardFile: 1 PAN Card.pdf | 4 Nov 2024 |
| Details of encumbrances concerned to FinanceFile: 10 Declaration -Encumbrances-R7-The Altius.pdf | 4 Nov 2024 |
| Details of encumbrances concerned to FinanceFile: 6 Encumbrance - legal-R7-The Altius.pdf | 4 Nov 2024 |
| Declaration in FORM BFile: 7 Form B-Promoter-R7 The Altius.pdf | 4 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 22 FORM 1-R7 The altius.pdf | 4 Nov 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement-sector R7 -22Oct'24.pdf | 4 Nov 2024 |
| Declaration about Commencement CertificateFile: 5 Declaration for Commencement Certificate-R7-The Altius.pdf | 4 Nov 2024 |
| Details of encumbrances concerned to LegalFile: 10 Declaration -Encumbrances-R7-The Altius.pdf | 4 Nov 2024 |
| Details of encumbrances concerned to LegalFile: 6 Encumbrance - legal-R7-The Altius.pdf | 4 Nov 2024 |
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Buyer report
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- 1 condition on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 3 other registrations, which the RERA portal never shows together
- All 61 filed documents as one ZIP, foldered, with a manifest
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Project watch
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Builder: PARANJAPE SPACES AND SERVICES PVT LTD
PARANJAPE SPACES AND SERVICES PVT LTD has 4 registrations on MahaRERA, including R 47 -HIGHGARDENS and PARANJAPE ATHENA. Its filings disclose no earlier MahaRERA projects. Litigation is declared on 2 of its registrations. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What are my rights if R7 - THE ALTIUS is delayed beyond 31 Jan 2030?
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 R7 - THE ALTIUS?
The registered promoter entity is PARANJAPE SPACES AND SERVICES PVT LTD, a company 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 R7 - THE ALTIUS?
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 R7 - THE ALTIUS?
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 R7 - THE ALTIUS?
The professionals named in the filing: Architect: SANDEEP HARDIKAR & ASSOCIATES; Engineer: Deepali Desai; Engineer: SACHIN GITE; Chartered Accountant: Kapure & Kapure; Chartered Accountant: MSKA & 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 R7 - THE ALTIUS?
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.
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