Home / Browse projects / Pune, Maharashtra / RAINBOW GRACE
RAINBOW GRACE
RG-MH-11273 · RERA P52100008364 · Last updated on MahaRERA portal: 5 Apr 2023
Source: official MahaRERA filing
Red flags
- Completion date moved by 36 months
- 2 extensions taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
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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RAINBOW GRACE is a Residential / Group Housing project by RAINBOW REALTY in Pune, Maharashtra, registered with MahaRERA as P52100008364 on 18 Aug 2017. The registration is recorded completed; possession was promised by 30 Mar 2023. The completion date has moved by 36 months from the original filing.
At a glance
Project
- NameRAINBOW GRACE
- TypeResidential / Group Housing
- Location
- WAGHOLI
- Haveli
- Pune
- 412207
- Pincode412207
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100008364
- ReraGenie IDRG-MH-11273
Builder
- NameRAINBOW REALTY
- Entity typePartnership
- Declared earlier projects1 →
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on18 Aug 2017
- Promised completion30 Mar 2023
- Revised completionRevised to 30 Mar 2023 (originally 31 Mar 2020)
- Buildings1 building record
- Documents filed82 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Building A | NA | 16 | 0 | 0 | 0 | 0 |
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 5 Apr 2023, 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.
10 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.
Building A: 91% average across the applicable activities
| 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 | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| 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 5 Apr 2023, 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 | 100% |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | Yes | 100% |
| Community Buildings | Yes | 100% |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 100% |
| Solid Waste Management And Disposal | Yes | 100% |
| Water conservation /Rain water harvesting | Yes | 100% |
| Energy managemcnt | Yes | 100% |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | Yes | 100% |
| Open Parking | No | Not 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.
Land and ownership8
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.
| Landowner | Village | District |
|---|---|---|
| B.K. MHASKE | Pune (M Corp.) | Pune |
| RAHUL BHASKAR MHAKE | Pune (M Corp.) | Pune |
| SUNITA BHASKAR MHASKE | Pune (M Corp.) | Pune |
| VANDANA BHASKAR MHASKE | Pune (M Corp.) | Pune |
| SEEMA PRASAD THAKAR | Pune (M Corp.) | Pune |
| NOORDIN KARMALI MULANI | Pune (M Corp.) | Pune |
| NIZAR NOORDIN MULANI | Pune (M Corp.) | Pune |
| AMIN NOORDIN MULANI | 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.
Certifying professionals and partners2
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | PRAKASH KULKARNI |
| Engineer | P S KULKARNI ASSOCIATES |
| Partner | Role in project |
|---|---|
| RAINBOW REALTY | - |
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterVarious clearance required for occupancy certificate are in process. Mainly elevation certificated from ministry of defense is in process
Reason as filed by the promoter1) Our 100% construction work is completed; we have attached Architects certificate for the same. 2) We have applied for project completion/ occupancy certificate from PMRDA we have attached application copy with this application in other documents ; it is due to Covid-19 lock down govt office are functioning at only 10% staff. 3) Covid 19 nationwide lockdown has affected construction speed because labours were not available are site for 2-3 months. 4) Also there was material shortage due to Covid 19 lock down.
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 2018 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 27 Jul 2017 - 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 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 26 Jul 2017Confirm the Commencement Certificate covers the specific floor you are buying. - 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 5 Apr 2023
Documents filed82
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 82 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 |
|---|---|
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Completion certificate.pdf | 5 Apr 2023 |
| Architect’s Certificate on Completion of Project (Form 4)File: ilovepdf.pdf | 5 Apr 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A 2020.pdf | 16 Apr 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A 2021.pdf | 16 Apr 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Form 5 2020.pdf | 16 Apr 2021 |
| Copy of the legal title reportFile: supplementary title report.pdf | 13 Nov 2018 |
| Certificates of CA (Form 5)File: C A Certificate.pdf | 13 Nov 2018 |
| Certificates of CA (Form 5)File: C A Certificate.pdf | 13 Nov 2018 |
| Proforma of Allotment letterFile: NEW SALE DEED FORMAT FOR RERA.pdf | 13 Nov 2018 |
| OtherFile: EC.pdf | 13 Nov 2018 |
| Details of encumbrancesFile: ENCUMBRABCE_CERTIFICATE.pdf | 29 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Engenineer1.pdf | 28 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Engenineer2.pdf | 28 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Engenineer3.pdf | 28 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engenineer.pdf | 28 Jul 2017 |
| Certificates of CA (Form 3)File: 1.pdf | 28 Jul 2017 |
| Certificates of CA (Form 3)File: 2.pdf | 28 Jul 2017 |
| Certificates of CA (Form 3)File: 3.pdf | 28 Jul 2017 |
| Certificates of CA (Form 3)File: 4.pdf | 28 Jul 2017 |
| Certificates of CA (Form 3)File: 5.pdf | 28 Jul 2017 |
| Layout approvalFile: 1.pdf | 27 Jul 2017 |
| Building plan approvalFile: 12.pdf | 27 Jul 2017 |
| Building plan approvalFile: 13.pdf | 27 Jul 2017 |
| Building plan approvalFile: 14.pdf | 27 Jul 2017 |
| Building plan approvalFile: 15.pdf | 27 Jul 2017 |
| Building plan approvalFile: 2.pdf | 27 Jul 2017 |
| Building plan approvalFile: 3.pdf | 27 Jul 2017 |
| Building plan approvalFile: 4.pdf | 27 Jul 2017 |
| Building plan approvalFile: 5.pdf | 27 Jul 2017 |
| Building plan approvalFile: 6.pdf | 27 Jul 2017 |
| Building plan approvalFile: 7.pdf | 27 Jul 2017 |
| Building plan approvalFile: 8.pdf | 27 Jul 2017 |
| Building plan approvalFile: 9.pdf | 27 Jul 2017 |
| Building plan approvalFile: 10.pdf | 27 Jul 2017 |
| Building plan approvalFile: 11.pdf | 27 Jul 2017 |
| Building plan approvalFile: 1.pdf | 27 Jul 2017 |
| PAN CardFile: RR Pan card 2017-07-27(1).pdf | 27 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: 1.pdf | 27 Jul 2017 |
| Building Plan Approval (IOD)File: 1.pdf | 27 Jul 2017 |
| Building Plan Approval (IOD)File: 2.pdf | 27 Jul 2017 |
| Building Plan Approval (IOD)File: 3.pdf | 27 Jul 2017 |
| Building Plan Approval (IOD)File: 4.pdf | 27 Jul 2017 |
| Building Plan Approval (IOD)File: 5.pdf | 27 Jul 2017 |
| Building Plan Approval (IOD)File: 6.pdf | 27 Jul 2017 |
| Building Plan Approval (IOD)File: 7.pdf | 27 Jul 2017 |
| Building Plan Approval (IOD)File: 8.pdf | 27 Jul 2017 |
| Building Plan Approval (IOD)File: 9.pdf | 27 Jul 2017 |
| Building Plan Approval (IOD)File: 10.pdf | 27 Jul 2017 |
| Building Plan Approval (IOD)File: 11.pdf | 27 Jul 2017 |
| Building Plan Approval (IOD)File: 12.pdf | 27 Jul 2017 |
| Building Plan Approval (IOD)File: 13.pdf | 27 Jul 2017 |
| Building Plan Approval (IOD)File: 14.pdf | 27 Jul 2017 |
| Building Plan Approval (IOD)File: 15.pdf | 27 Jul 2017 |
| Declaration in FORM BFile: form B for rera.pdf | 27 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: CERTICATE OF ARCHITECT FORM 1.pdf | 27 Jul 2017 |
| Proforma of Allotment letterFile: upload Book-Agree-RERA-draft-New.pdf | 27 Jul 2017 |
| Proforma of Allotment letterFile: ALLOTMENT LETTER - Copy.pdf | 27 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_1.pdf | 26 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_2.pdf | 26 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_3.pdf | 26 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_4.pdf | 26 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_5.pdf | 26 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_6.pdf | 26 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_7.pdf | 26 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_8.pdf | 26 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_9.pdf | 26 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_10.pdf | 26 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_11.pdf | 26 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_12.pdf | 26 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_13.pdf | 26 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_14.pdf | 26 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_15.pdf | 26 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_16.pdf | 26 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_17.pdf | 26 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_18.pdf | 26 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_19.pdf | 26 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_20.pdf | 26 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_21.pdf | 26 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_22.pdf | 26 Jul 2017 |
| Copy of the legal title reportFile: Tittle search report_23.pdf | 26 Jul 2017 |
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 | Status | Promised | Delivered |
|---|---|---|---|---|---|
| RAINBOW GLORY | GAT NO 1195 NEAR RAISONI COLLEGE WAGHOLI HAVELI PUNE 412207 | 72 | Completed | Dec 2013 | Late, Mar 2014 |
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How this compares with Pune
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.
Buyer report
Useful on a completed registration when you are buying resale, or checking what was promised against what was delivered.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against every project registered within 2 km, which the RERA portal never shows together
- All 82 filed documents as one ZIP, foldered, with a manifest
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Builder: RAINBOW REALTY
RAINBOW REALTY has 1 registration on MahaRERA, including RAINBOW GRACE. Its filings disclose 1 earlier MahaRERA project: declares 0 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 RAINBOW GRACE is delayed beyond 30 Mar 2023?
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 RAINBOW GRACE?
The registered promoter entity is RAINBOW REALTY, 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 RAINBOW GRACE?
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 RAINBOW GRACE?
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 RAINBOW GRACE?
The professionals named in the filing: Architect: PRAKASH KULKARNI; Engineer: P S KULKARNI 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 RAINBOW GRACE?
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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