Home / Browse projects / Pune, Maharashtra / RIVA
RIVA
RG-MH-01300 · RERA P52100004157 · Last updated on MahaRERA portal: 10 Aug 2026
Source: official MahaRERA filing
Or get an email each time it changes, with the project watch
Red flags
- 1 complaint at MahaRERA
- Completion date moved by 86 months
- 4 extensions taken
Clear
- No litigation declared
- Separate project account declared
- Allotment letter follows the model form
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.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
RIVA is a Residential / Group Housing project by ASIAN VENTURES in Pune, Maharashtra, registered with MahaRERA as P52100004157 on 8 Aug 2017. Possession is promised by 20 Nov 2027. The completion date has moved by 86 months from the original filing. 64 of the 104 units on this registration are recorded sold or booked, and 6 of 11 construction stages are filed complete. 1 complaint is on record with the regulator.
At a glance
Project
- NameRIVA
- TypeResidential / Group Housing
- Location
- MAHARTASHTRA
- PISOLI
- Haveli
- Pune
- 411060
- Pincode411060
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100004157
- ReraGenie IDRG-MH-01300
Builder
- NameASIAN VENTURES
- Entity typeOthers
- Named personsMEHERNOSH DARA BOBINMAKER, RAKESH SUBHASHCHANDRA KHURANA, RAHIV SUBHASHCHANDRA KHURANA, BRIJESH RAKESH KHURANA
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on8 Aug 2017
- Promised completion20 Nov 2027
- Revised completionRevised to 20 Nov 2027 (originally 30 Sep 2020)
- Buildings1 building record
- Documents filed107 files
Current status
Figures as on 10 Aug 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| RIVA | NA | 16 | 14 | 104 | 0 | 104 |
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 Aug 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.
6 of 11 construction stages are filed complete. The stage furthest along is Staircases, at 85%.
RIVA: 91% average across the applicable activities
| 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 | 80% |
| Sanitary Fittings within the flats / premises | 70% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 85% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 80% |
| 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. | 85% |
Progress on shared amenities15
As on 10 Aug 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 | 85% |
| Water Supply | Yes | 70% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 65% |
| Storm Water Drains | Yes | 80% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | Yes | 80% |
| Community Buildings | Yes | 100% |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | Yes | 80% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 20% |
| Electrical meter room, sub-station, receiving station | Yes | 60% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 0% |
Parking filed113
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 ownership7
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 |
|---|---|---|
| ASIAN VENTURES | Pune (CB) | Pune |
| AISAN VENTURES | Swargate | Pune |
| ASIANVENTURES | Swargate | Pune |
| RAJIV SUBHASHCHANDRA KHURANA | Swargate | Pune |
| Rajiv Subhashchandra Khurana | - | Pune |
| Rakesh Subhashchandra Khurana | - | Pune |
| Brijesh Rakesh Khurana | - | 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 |
|---|---|---|---|
| RIVA | NA | Rs 12.35 cr | Rs 12.35 cr |
| - | NA | Rs 65.00 lakh | Rs 65.00 lakh |
Certifying professionals and partners8
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | A DESIGN STUDIO |
| Architect | Mangesh Gotal |
| Engineer | DELCONS CONSULTANTS INDIA PVT LTD |
| Engineer | Nexus Consultants & Engineers |
| Engineer | SK Consultants & Engineers |
| Chartered Accountant | NB Sayed & Associates |
| Chartered Accountant | Rutuja Narsingh & Associates |
| Chartered Accountant | P V Patadiya & Co |
| Partner | Role in project |
|---|---|
| ASIAN VENTURES | - |
Extensions applied for4
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterIn accordance with circular no 28, we hereby apply for extension of our project u/s 7(3) in Format B. The project was delayed for reasons beyond our control on account of various reasons and more particularly on account of the pandemic of Covid-19. We have consent of 75.47% allottees for purpose of extension of RERA registration period of the said project.
Reason as filed by the promoterDue to the pandemic -19 the market scenario and labor availability issues we allottees agree with the delay of the project RIVA and we give our concern to the developer as per the given date 21/03/2024 by them to take more time to complete the project
Reason as filed by the promoterDue to Covid19 pandamic
Reason as filed by the promoterWe, ASIAN VENTURES, hereby declare the following with respect to the project RIVA bearing Registration No. P52100004157 registered under MahaRERA. The delay in completion of the project has occurred due to procurement challenges, site-related issues, coordination constraints, and temporary financial constraints. We further submit that we are in the process of obtaining a part Occupancy Certificate from the Local Governing Authority for Floors 1 to 8 within the next two months, and subsequently for Floors 9 to 14. We are closely monitoring the progress and taking all necessary steps to ensure c
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC005000000290220 | Kaizad Fardun Dadrewalla | M/S ASIAN VENTURES | 03/02/2024 |
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 1 Aug 2019 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 26 Nov 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 26 Nov 2025 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 20 Jul 2017Confirm 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 20 Nov 2027
Documents filed107
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 107 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 - Riva June 2026.pdf | 10 Aug 2026 |
| Withdrawal Update Form 2File: Form 2 - Riva June 2026.pdf | 10 Aug 2026 |
| Withdrawal Update Form 3File: Form 3 - Riva June 2026.pdf | 10 Aug 2026 |
| Withdrawal Update Form 1File: Form 1 - Riva June 2026.pdf | 30 Jul 2026 |
| Withdrawal Update Form 2File: Form 2 - Riva June 2026.pdf | 30 Jul 2026 |
| Withdrawal Update Form 3File: Form 3 - Riva June 2026.pdf | 30 Jul 2026 |
| Form 5 (FY 2024-2025)File: Form 5 of RIVA for FY 2024-25.pdf | 6 Jun 2026 |
| Withdrawal Update Form 1File: Form 1 - Riva as on March 2026.pdf | 18 Apr 2026 |
| Withdrawal Update Form 2File: Form 2 - Riva as on March 2026.pdf | 18 Apr 2026 |
| Withdrawal Update Form 3File: Form 3 - Riva as on March 2026.pdf | 18 Apr 2026 |
| Withdrawal Update Form 1File: Form 1 - Riva_As on Dec 2025.pdf | 11 Feb 2026 |
| Withdrawal Update Form 2File: Form 2 - Riva_As on Dec 2025.pdf | 11 Feb 2026 |
| Withdrawal Update Form 3File: Form 3 - Riva_As on Dec 2025.pdf | 11 Feb 2026 |
| Layout approvalFile: Plan- Highlighted.pdf | 26 Nov 2025 |
| Building plan approvalFile: 2.pdf | 26 Nov 2025 |
| Building plan approvalFile: 3.pdf | 26 Nov 2025 |
| Building plan approvalFile: 4.pdf | 26 Nov 2025 |
| Building plan approvalFile: 5.pdf | 26 Nov 2025 |
| Building plan approvalFile: 6.pdf | 26 Nov 2025 |
| Building plan approvalFile: 7.pdf | 26 Nov 2025 |
| Withdrawal Update Form 1File: Form 1 - Riva as on Sep 2025.pdf | 19 Oct 2025 |
| Withdrawal Update Form 2File: Form 2 - Riva as on Sep 2025.pdf | 19 Oct 2025 |
| Withdrawal Update Form 3File: Form 3 - Riva as on Sep 2025.pdf | 19 Oct 2025 |
| Withdrawal Update Form 1File: Form 1 - Riva as on June 2025.pdf | 15 Oct 2025 |
| Withdrawal Update Form 2File: Form 2 - Riva as on June 2025.pdf | 15 Oct 2025 |
| Withdrawal Update Form 3File: Form 3 - Riva as on June 2025.pdf | 15 Oct 2025 |
| Layout approvalFile: 1.pdf | 8 Oct 2025 |
| Building plan approvalFile: 2.pdf | 8 Oct 2025 |
| Building plan approvalFile: 3.pdf | 8 Oct 2025 |
| Building plan approvalFile: 4.pdf | 8 Oct 2025 |
| Building plan approvalFile: 5.pdf | 8 Oct 2025 |
| Building plan approvalFile: 6.pdf | 8 Oct 2025 |
| Building plan approvalFile: 7.pdf | 8 Oct 2025 |
| Certificates of CA (Form 3)File: Form 3 - Riva as on March 2025.pdf | 2 May 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 - Riva as on March 2025.pdf | 2 May 2025 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 - Riva as on March 2025.pdf | 29 Apr 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5 of RIVA for FY 2023-24.pdf | 5 Mar 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A For FY 2023-24.pdf | 27 Feb 2025 |
| Certificates of CA (Form 3)File: Form 3 - Riva - Mar 2024.pdf | 25 Feb 2025 |
| Certificates of CA (Form 3)File: Form 3 - Riva - June 2024.pdf | 25 Feb 2025 |
| Certificates of CA (Form 3)File: Form 3 - Riva - Sept 2024.pdf | 25 Feb 2025 |
| Certificates of CA (Form 3)File: Form 3 - Riva - Dec 2024.pdf | 25 Feb 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 - Riva as on Mar 2024.pdf | 25 Feb 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 - Riva as on June 2024.pdf | 25 Feb 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 - Riva as on Sept 2024.pdf | 25 Feb 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 - Riva as on Dec 2024.pdf | 25 Feb 2025 |
| Declaration in FORM BFile: AFFIDAVIT CUM DECLARATION.pdf | 23 Mar 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: FORM 1 - RIVA.pdf | 23 Mar 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM 2.pdf | 23 Mar 2024 |
| Disclosure of sold/ booked inventoryFile: CIRCULAR 29 (1).pdf | 23 Mar 2024 |
| Certificates of CA (Form 3)File: FORM 3_11zon.pdf | 23 Mar 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: ANNEXURE A FOR DICSLOSURE OF INT.pdf | 23 Mar 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: FORM 2A FY 2021-2022.pdf | 22 Mar 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: FORM 2A FY 2023-2024.pdf | 22 Mar 2024 |
| CERSAI detailsFile: CRESAI DECLARATION.pdf | 22 Mar 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2017-18)File: FORM 5 FY 2017-2018.pdf | 22 Mar 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: FORM 5 FY 2018-2019.pdf | 22 Mar 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: FORM 5 FY 2019-2020.pdf | 22 Mar 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: FORM 5 FY 2020-2021.pdf | 22 Mar 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: FORM 5 FY 2021-2022.pdf | 22 Mar 2024 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: FORMAT A.pdf | 22 Mar 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: form 2A.pdf | 11 Mar 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FORM 5 AY 2023-2024.pdf | 11 Mar 2024 |
| Layout approvalFile: 06.pdf | 21 Apr 2023 |
| Building plan approvalFile: 01.pdf | 21 Apr 2023 |
| Building plan approvalFile: 02.pdf | 21 Apr 2023 |
| Copy of Layout Approval (in case of layout)File: 06.pdf | 21 Apr 2023 |
| Building Plan Approval (IOD)File: 01.pdf | 21 Apr 2023 |
| Building Plan Approval (IOD)File: 02.pdf | 21 Apr 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: FORM 2A FOR AY 2021-22.pdf | 14 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: FORM 5 FY 2021-22.pdf | 14 Apr 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: FORM 5 FY 2021-22.pdf | 14 Apr 2023 |
| Details of encumbrances concerned to LegalFile: format A.pdf | 19 Sep 2022 |
| Declaration about Commencement CertificateFile: FORM D DECLARTION ABOUT COMMENCEMENT CERTIFICATE.pdf | 19 Sep 2022 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: FORM 2A QUALITY ASSURANCE CERTIFICATE 2021.pdf | 19 Sep 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: FORM 2A QUALITY ASSURANCE CERTIFICATE 2020.pdf | 19 Sep 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: FORM 2A QUALITY ASSURANCE CERTIFICATE 2021.pdf | 19 Sep 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: FORM 2A QUALITY ASSURANCE CERTIFICATE 2021.pdf | 19 Sep 2022 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD BOOKED INVENTORY.pdf | 19 Sep 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2017-18)File: Certificate 2017-18.pdf | 19 Sep 2022 |
Comparing a few projects?
You have opened several on ReraGenie. A free account keeps them in one list with their booking and possession figures, and puts two to six of them side by side.
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
Built from this project's filings on the day you order, in plain language.
- 3 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 107 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
Only want to be told when something changes?
- 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
Keep RIVA on your shortlist
Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.
Other projects near PISOLI13,700+ in Pune
Filed coordinates, straight-line distance. 221 registered projects within 2 km.
THE SPECTRUM
SHRIRAM PROPERTIES LIMITED
GANGA MILLENNIA UNDRI BUILDING J,K,L,M AND N
GOEL GANGA INDIA PVT LTD
NYATI ESTEBAN II
NYATI REALTORS LLP
Lodha Pune NIBM Project
Lodha Developers Limited
KHUSH VISTA
Elated Housing LLP
The Atrium
Arhumashtika Life Spaces
Builder: ASIAN VENTURES
ASIAN VENTURES has 1 registration on MahaRERA, including RIVA. 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 RIVA is delayed beyond 20 Nov 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 RIVA?
The registered promoter entity is ASIAN VENTURES, an others 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 RIVA?
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 RIVA?
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 RIVA?
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 RIVA?
The professionals named in the filing: Architect: A DESIGN STUDIO; Architect: Mangesh Gotal; Engineer: DELCONS CONSULTANTS INDIA PVT LTD; Engineer: Nexus Consultants & Engineers; Engineer: SK Consultants & Engineers; Chartered Accountant: NB Sayed & 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 RIVA?
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.
Get the buyer report · Rs 499 See a real one first
Studying this micro-market rather than buying a flat? The developer project analysis, Rs 2,999, maps every registration within 5 km from filed coordinates, reads what this market absorbs, prices the parcel and takes the promoter's whole book apart. See a complete sample.
Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on MahaRERA, and we read every report.
Report an error Share feedback