Home / Browse projects / Pune, Maharashtra / Rahul Downtown - Phase II
Rahul Downtown - Phase II
RG-MH-34366 · RERA P52100050682 · Last updated on MahaRERA portal: 18 Jul 2026
Source: official MahaRERA filing
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Red flags
- 1 complaint at MahaRERA
- Completion date moved by 4 months
- 1 extension taken
- Rs 102.00 crore secured on the land, in favour of Axis Bank
- The declared charge does not appear in the CERSAI report on the filing
Clear
- No litigation declared
- Separate project account declared
- Allotment letter follows the model form
5 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.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
Rahul Downtown - Phase II is a Others project by Paras Multispace LLP in Pune, Maharashtra, registered with MahaRERA as P52100050682 on 28 Apr 2023. Possession is promised by 30 Apr 2027. The completion date has moved by 4 months from the original filing. 388 of the 664 units on this registration are recorded sold or booked, and 21 of 42 construction stages are filed complete. 1 complaint is on record with the regulator.
At a glance
Project
- NameRahul Downtown - Phase II
- TypeOthers
- Location
- Next to Sai Paradise
- Punawale
- Mulshi
- Pune
- 411033
- Pincode411033
- RERA no.P52100050682
- ReraGenie IDRG-MH-34366
Builder
- NameParas Multispace LLP
- Entity typePartnership
- GSTIN27AAPFP4794B1ZV
- PartnerSiddharth Raichand Kunkulol
- Other registrations1 more →
- Completed1 of 2
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on28 Apr 2023
- Promised completion30 Apr 2027
- Revised completionRevised to 30 Apr 2027 (originally 31 Dec 2026)
- Buildings4 building records
- Documents filed143 files
Current status
Figures as on 18 Jul 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Bldg A | A | 30 | 27 | 208 | 0 | 208 |
| Bldg B | NA | 30 | 27 | 212 | 0 | 212 |
| Bldg C | NA | 30 | 27 | 212 | 0 | 212 |
| Bldg A | A1 | 6 | 4 | 0 | 32 | 32 |
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 building4
As on 18 Jul 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.
21 of 42 construction stages are filed complete across 4 buildings. The stage furthest along is Staircases, at 90%.
Bldg A · wing A59%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 25% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 25% |
| 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% |
Bldg A · wing A181%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | Not applicable |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 60% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 90% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 60% |
| 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. | 20% |
Bldg B50%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 25% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 25% |
| 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% |
Bldg C45%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| 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 18 Jul 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 | Yes | 0% |
| 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 | Yes | 0% |
| Open Parking | No | Not applicable |
Parking filed1181
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 | Total |
|---|---|---|
| Bldg A A | 324 | 324 |
| Bldg A A1 | 173 | 173 |
| Bldg B | 334 | 334 |
| Bldg C | 350 | 350 |
Land and ownership3
MahaRERA does not publish landowner contact details. A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.
| Landowner | Village | District |
|---|---|---|
| Shri Sambhaji Shinde | Pune (M Corp.) | Pune |
| Shri Tanaji Keru Shinde | Pune (M Corp.) | Pune |
| Shri Rajendra Dnyanoba Shinde | 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 |
|---|---|---|---|
| Bldg A | A | Rs 76.14 cr | Rs 55.75 cr |
| Bldg C | NA | Rs 67.36 cr | Rs 49.32 cr |
| Bldg B | NA | Rs 67.36 cr | Rs 49.32 cr |
| - | NA | Rs 23.41 cr | - |
| Bldg A | A1 | Rs 7.66 cr | Rs 5.61 cr |
Certifying professionals and partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Pandit Joshi & Associates |
| Engineer | Mr Suraj Sitaram Jadhav |
| Chartered Accountant | K G Jhamvar & Co |
| Chartered Accountant | Sameer Rajanikant Birla |
| Partner | Role in project |
|---|---|
| Paras Multispace LLP | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterRespected Sir/Madam, We, the promoters of Rahul Downtown - Phase II, registered with the Authority under Registration No. P52100050682, humbly submit this application seeking extension of project registration up to 30/04/2027 for completion of the balance construction work and procurement of the Occupancy Certificate. The present completion date is 31/12/2026. Considering unavoidable circumstances affecting construction activities, we request an extension of four months. The registered Agreement for Sale executed with the allottees also provides that in the event of reasonable circumstances be
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| SM12600066 | Ram Gawali | Paras Multispace LLP | 22/01/2026 |
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 27 Mar 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 13 Oct 2025 - 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 2025 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 9 Feb 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 30 Apr 2027
Documents filed143
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 143 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.
| Document | Uploaded |
|---|---|
| Withdrawal Update Form 1File: Form 1 - Rahul Downtown II.pdf | 18 Jul 2026 |
| Withdrawal Update Form 2File: Downtown Phase II Form 2.pdf | 18 Jul 2026 |
| Withdrawal Update Form 3File: Downtown Phase II Form 3.pdf | 18 Jul 2026 |
| Withdrawal Update Form 1File: Form 1 - Downtown II.pdf | 25 May 2026 |
| Withdrawal Update Form 2File: Form 2 - Downtown II.pdf | 25 May 2026 |
| Withdrawal Update Form 3File: Form 3 - Generated form RERA portal.pdf | 25 May 2026 |
| Withdrawal Update Form 1File: Form 1 - Downtown II.pdf | 20 Apr 2026 |
| Withdrawal Update Form 2File: Form 2 - Downtown II.pdf | 20 Apr 2026 |
| Withdrawal Update Form 3File: Form 3 - Downtown II.pdf | 20 Apr 2026 |
| Form 2A (FY 2025-2026)File: Form 2A - Downtown II.pdf | 1 Apr 2026 |
| Withdrawal Update Form 1File: Form 1 - Rahul Downtown II.pdf | 14 Jan 2026 |
| Withdrawal Update Form 2File: Form 2 - Downtown.pdf | 14 Jan 2026 |
| Withdrawal Update Form 3File: Form 3 - Downtown.pdf | 14 Jan 2026 |
| Withdrawal Update Form 1File: Rahul Downtown Form - 1.pdf | 18 Oct 2025 |
| Withdrawal Update Form 1File: Rahul Downtown Form - 1.pdf | 18 Oct 2025 |
| Withdrawal Update Form 2File: Form 2 - Downtown II.pdf | 18 Oct 2025 |
| Withdrawal Update Form 2File: Form 2 - Downtown II.pdf | 18 Oct 2025 |
| Withdrawal Update Form 3File: Form 3 - Paras Multispace.pdf | 18 Oct 2025 |
| Withdrawal Update Form 3File: Form 3 - Paras Multispace.pdf | 18 Oct 2025 |
| Layout approvalFile: Layout Plan.pdf | 13 Oct 2025 |
| Building plan approvalFile: Basement 1 - Basement 2.pdf | 13 Oct 2025 |
| Building plan approvalFile: Bldg A - First Floor.pdf | 13 Oct 2025 |
| Building plan approvalFile: Bldg A - Ground Floor.pdf | 13 Oct 2025 |
| Building plan approvalFile: Bldg A - Typical Floor.pdf | 13 Oct 2025 |
| Building plan approvalFile: Bldg A1 - 2nd 3 rd Floor.pdf | 13 Oct 2025 |
| Building plan approvalFile: Bldg B - Ground & First Floor.pdf | 13 Oct 2025 |
| Building plan approvalFile: Bldg B - Typical Floor.pdf | 13 Oct 2025 |
| Building plan approvalFile: Bldg C - Ground First.pdf | 13 Oct 2025 |
| Building plan approvalFile: Bldg C - Typical Floor.pdf | 13 Oct 2025 |
| Building plan approvalFile: Section A.pdf | 13 Oct 2025 |
| Form 5 (FY 2024-2025)File: Rahul Downtown - II - Form 5.pdf | 30 Sep 2025 |
| Withdrawal Update Form 1File: Form 1 - Downtown II.pdf | 20 Jul 2025 |
| Withdrawal Update Form 1File: Form 1 - Downtown II.pdf | 20 Jul 2025 |
| Withdrawal Update Form 2File: Form 2 - Downtown.pdf | 20 Jul 2025 |
| Withdrawal Update Form 2File: Form 2 - Downtown.pdf | 20 Jul 2025 |
| Withdrawal Update Form 3File: Form 3 Downtown.pdf | 20 Jul 2025 |
| Withdrawal Update Form 3File: Form 3 Downtown.pdf | 20 Jul 2025 |
| Layout approvalFile: Layout Plan.pdf | 5 Jul 2025 |
| Form 2A (FY 2024-2025)File: 2A - Downtown II - 24-25.pdf | 27 Jun 2025 |
| Form 2A (FY 2023-2024)File: Form 2A - Phase II - 2023-2024.pdf | 25 Jun 2025 |
| Form 1File: Form 1 - 30-06-2023 --1.pdf | 20 Jun 2025 |
| Form 2File: Form 2 - 30-06-2023 -- 1.pdf | 20 Jun 2025 |
| Form 3File: Form 3_compressed.pdf | 20 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure - July 2023.pdf | 20 Jun 2025 |
| Form 1File: Form 1 - Phase II -- 2.pdf | 20 Jun 2025 |
| Form 2File: Form 2 - --2.pdf | 20 Jun 2025 |
| Form 3File: Form 3 - Phase II.pdf | 20 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of sold -2.pdf | 20 Jun 2025 |
| Form 1File: Form 1 - 30-12-2023 - 3.pdf | 20 Jun 2025 |
| Form 2File: Form 2 -.pdf | 20 Jun 2025 |
| Form 3File: Form 3 - Phase II - 3_compressed.pdf | 20 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure - Phase II --3.pdf | 20 Jun 2025 |
| Form 1File: Form 1 - Downtown II.pdf | 20 Jun 2025 |
| Form 2File: Form 2 Ph II Downtown.pdf | 20 Jun 2025 |
| Form 3File: Form 3 - Downtown II.pdf | 20 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: downtown II - Sold Inventory.pdf | 20 Jun 2025 |
| Form 1File: Form 1 - Downtown Phase II.pdf | 20 Jun 2025 |
| Form 2File: Form 2 - Downtown II.pdf | 20 Jun 2025 |
| Form 3File: Form 3 Downtown II.pdf | 20 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Inventory Downtown II.pdf | 20 Jun 2025 |
| Form 1File: Form 1 - Downtown II.pdf | 20 Jun 2025 |
| Form 2File: Form 2 - Phase II.pdf | 20 Jun 2025 |
| Form 3File: Form 3 - Downtown II.pdf | 20 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure - Downtown II.pdf | 20 Jun 2025 |
| Form 1File: Form 1 - Downtown II.pdf | 20 Jun 2025 |
| Form 2File: Form 2 - Downtown II.pdf | 20 Jun 2025 |
| Form 3File: Form 3 - Downtown II.pdf | 20 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Downtown II - Disclosure of Sold.pdf | 20 Jun 2025 |
| Form 1File: Form 1 Downtown - II.pdf | 20 Jun 2025 |
| Form 2File: Phase-II Form 2.pdf | 20 Jun 2025 |
| Form 3File: Phase II Form 3 Downtown.pdf | 20 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure - Downtown II.pdf | 20 Jun 2025 |
| Form 5 (FY 2023-2024)File: Form 5 - Rahul Downtown Phase II.pdf | 14 Jun 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - Phase II.pdf | 24 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Phase-II Form 2.pdf | 24 Apr 2025 |
| Disclosure of sold/ booked inventoryFile: Rahul Downtown - II.pdf | 31 Mar 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Rahul Downtown - II.pdf | 29 Mar 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - Downtown II.pdf | 20 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Downtown II.pdf | 20 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Downtown II - Disclosure of Sold.pdf | 6 Jan 2025 |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 5 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 1 other registration, which the RERA portal never shows together
- All 143 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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- An email each time this filing moves: new sales, a moved possession date, an extension, a complaint, the occupancy certificate
- Plain words, conditions that have happened marked in red
- A summary of everything that changed when the 90 days end
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Builder: Paras Multispace LLP
Paras Multispace LLP has 2 registrations on MahaRERA, including Rahul Downtown - Phase I and Rahul Downtown - Phase II. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What are my rights if Rahul Downtown - Phase II is delayed beyond 30 Apr 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 Rahul Downtown - Phase II?
The registered promoter entity is Paras Multispace LLP, a partnership as per the filing. Its GSTIN 27AAPFP4794B1ZV 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 Rahul Downtown - Phase II?
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 do I read the complaint cases filed against Rahul Downtown - Phase II?
Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.
How current is the construction progress shown for Rahul Downtown - Phase II?
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 Rahul Downtown - Phase II?
The professionals named in the filing: Architect: Pandit Joshi & Associates; Engineer: Mr Suraj Sitaram Jadhav; Chartered Accountant: K G Jhamvar & Co; Chartered Accountant: Sameer Rajanikant Birla. 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 Rahul Downtown - Phase II?
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.
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