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Completed No litigation declared Residential / Group Housing project

RAGA AANGAN

By MAHALAXMI VENTURES

RG-MH-69237 · RERA P52100017662 · Last updated on MahaRERA portal: 22 Sep 2021

Source: official MahaRERA filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

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

2 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.

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Mar 2021Possession promisedregistration recorded completed
3 of 11Construction stages donefurthest along: Slabs of Super Structure, 45%
0Complaints at MahaRERAon this registration
Jump to the 25 documents Report an error

RAGA AANGAN is a Residential / Group Housing project by MAHALAXMI VENTURES in Pune, Maharashtra, registered with MahaRERA as P52100017662 on 4 Sep 2018. The registration is recorded completed; possession was promised by 31 Mar 2021. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameRAGA AANGAN
  • TypeResidential / Group Housing
  • Location
    • Newale wasti
    • Chikhali
    • Pimpri Chinchawad (M Corp.)
    • Haveli
    • Pune
    • 411062
  • Pincode411062
  • RERA no.P52100017662
  • ReraGenie IDRG-MH-69237

Builder

  • NameMAHALAXMI VENTURES
  • Entity typePartnership
  • PartnersYogesh Nagraj jain, Amit Nagraj Jain, Vinod Khubilal Jain, Jignesh vinod jain
  • Declared earlier projects1 →

Key dates

this monthRegisteredSep 2018First promiseMar 2020Revised toMar 2021Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on4 Sep 2018
  • Promised completion31 Mar 2021
  • Revised completionRevised to 31 Mar 2021 (originally 31 Mar 2020)
  • Buildings1 building record
  • Documents filed25 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
RAGA AANGANNA60000

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 22 Sep 2021, 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.

3 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 45%.

RAGA AANGAN: 33% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor0%
Slabs of Super Structure45%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks20%
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 22 Sep 2021, 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 & FootpathsYes0%
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingYes0%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes0%
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes0%
Energy managemcntYes0%
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceYes0%
Open ParkingNoNot applicable

Parking filed1

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 slots1
Closed/Covered1

Land and ownership6

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 area2,260 sq m
Land owned byThe promoter, with other names on the file
Named landowners6
LandownerVillageDistrict
Mahadu Sadhu NewalePimpri Chinchawad (M Corp.)Pune
Balu Sahadu NewalePimpri Chinchawad (M Corp.)Pune
Dattatray Sahadu NewalePimpri Chinchawad (M Corp.)Pune
Tanaji Jaywant NewalePimpri Chinchawad (M Corp.)Pune
Kiran Vishnu NewalePimpri Chinchawad (M Corp.)Pune
Ganesh Shivaji NewalePimpri Chinchawad (M Corp.)Pune

Approvals and building plan

Permissible FSI3096.59
Proposed, not sanctioned1,820 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 branchEmpire estate chinchwad

Certifying professionals and partners1

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

RoleName
ArchitectLandmark Design Group
PartnerRole in project
MAHALAXMI VENTURES-

Extensions applied for1

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

EXT52100005944Mar 2020 → Mar 2021

Reason as filed by the promoterDelayed in obtaining Completion Certificate.

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 28 Jun 2018
  2. Layout approvalOn the file

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

    uploaded 20 May 2019
  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 27 Jul 2018
  4. Commencement CertificateOn the file

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

    uploaded 20 May 2019Confirm 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 28 Aug 2021

Documents filed25

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.

DocumentUploaded
OtherFile: Completion Certificate.pdf22 Sep 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: form 5 2019-20.pdf28 Aug 2021
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Raga Aanga Completion certificate.pdf28 Aug 2021
Status of Formation of Legal Entity (Society/Co Op etc.)File: Raga Aangan Society Formation.pdf28 Aug 2021
Layout approvalFile: MYSCAN_20190508_01 (1).PDF20 May 2019
Layout approvalFile: MYSCAN_20190508_01 (3).PDF20 May 2019
Layout approvalFile: MYSCAN_20190508_01 (2).PDF20 May 2019
Copy of Layout Approval (in case of layout)File: MYSCAN_20190508_01 (1).PDF20 May 2019
Copy of Layout Approval (in case of layout)File: MYSCAN_20190508_01 (3).PDF20 May 2019
Copy of Layout Approval (in case of layout)File: MYSCAN_20190508_01 (2).PDF20 May 2019
Commencement Certificates / NA Order for plotted developmentFile: raga aangan cc 2_compressed (1).pdf20 May 2019
Certificates of CA (Form 3)File: ilovepdf_jpg_to_pdf.pdf11 Aug 2018
Building plan approvalFile: plan copy.pdf27 Jul 2018
Building Plan Approval (IOD)File: plan copy.pdf27 Jul 2018
Layout approvalFile: Plan 1 com.pdf3 Jul 2018
Layout approvalFile: Plan 2 com-ilovepdf-compressed (2).pdf3 Jul 2018
Details of encumbrancesFile: Encumbrance Letter.pdf3 Jul 2018
Copy of Layout Approval (in case of layout)File: Plan 1 com.pdf3 Jul 2018
Copy of Layout Approval (in case of layout)File: Plan 2 com-ilovepdf-compressed (2).pdf3 Jul 2018
Commencement Certificates / NA Order for plotted developmentFile: CC.pdf3 Jul 2018
Declaration in FORM BFile: Affidavit co-promotor .PDF3 Jul 2018
Declaration in FORM BFile: affi promotor -ilovepdf-compressed (1).pdf3 Jul 2018
Proforma of Allotment letterFile: AGREEMENT AS PER RERA -.pdf3 Jul 2018
PAN CardFile: MV PAN CARD .PDF28 Jun 2018
Copy of the legal title reportFile: Search Title report-ilovepdf-compressed.pdf28 Jun 2018

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
ProjectLocationFlatsStatusPromisedDelivered
RAGA HOMES DEF wingGat no 1009 1010 1011 Newale wasti chikhali129CompletedMar 2017Jan 2017

How this compares with Pune

26%of Pune projects moved their completion datethis one moved by 12 months
26%of Pune registrations have lapsed or been cancelledthis one is completed

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 Chikhali13,700+ in Pune

Builder: MAHALAXMI VENTURES

MAHALAXMI VENTURES has 1 registration on MahaRERA, including RAGA AANGAN. Its filings disclose 1 earlier MahaRERA project: declares 1 of 1 past projects completed on time. Read the full track record. See more projects on the Pune district page.

Frequently asked questions

What are my rights if RAGA AANGAN is delayed beyond 31 Mar 2021?

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 RAGA AANGAN?

The registered promoter entity is MAHALAXMI VENTURES, 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 RAGA AANGAN?

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 RAGA AANGAN?

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 RAGA AANGAN?

The professionals named in the filing: Architect: Landmark Design Group. 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 RAGA AANGAN?

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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