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Completed No litigation declared Residential / Group Housing project

ROYAL LAXMI

By ROYAL BUILDCON

RG-MH-16062 · RERA P52100025049 · Last updated on MahaRERA portal: 31 Jan 2025

Source: official MahaRERA filing

Red flags

  • Completion date moved by 13 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

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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Dec 2024Possession promisedregistration recorded completed
10 of 11Construction stages donefurthest along: Podiums (if any), 0%
9 of 18Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 32 documents Report an error

ROYAL LAXMI is a Residential / Group Housing project by ROYAL BUILDCON in Pune, Maharashtra, registered with MahaRERA as P52100025049 on 18 Mar 2020. The registration is recorded completed; possession was promised by 9 Dec 2024. The completion date has moved by 13 months from the original filing. 9 of the 18 units on this registration are recorded sold or booked, and 10 of 11 construction stages are filed complete.

At a glance

Project

  • NameROYAL LAXMI
  • TypeResidential / Group Housing
  • Location
    • SONAWANE WASTI ROAD
    • CHIKHALI
    • Haveli
    • Pune
    • 411062
  • Pincode411062
  • RERA no.P52100025049
  • ReraGenie IDRG-MH-16062

Builder

  • NameROYAL BUILDCON
  • Entity typePartnership
  • PartnersRAHUL BALASAHEB SATHE, SATISH BABURAO PAWAR, YOGIRAJ SIDRAM DAKE, KISAN RAMCHANDRA MEGHAWAT
  • Other registrations5 more →
  • Completed4 of 6
  • No longer live1 lapsed, de-registered or revoked
  • Declared earlier projects1 →

Key dates

this monthRegisteredMar 2020First promiseNov 2023Revised toDec 2024Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on18 Mar 2020
  • Promised completion9 Dec 2024
  • Revised completionRevised to 9 Dec 2024 (originally 10 Nov 2023)
  • Buildings1 building record
  • Documents filed32 files

Current status

50%9 of 18 units booked

Figures as on 31 Jan 2025, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
ROYAL LAXMINA7518018

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 31 Jan 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.

10 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.

ROYAL LAXMI: 91% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
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 amenities16

As on 31 Jan 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 facilityProposedProgress
Internal Roads & FootpathsNoNot applicable
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)NoNot applicable
Storm Water DrainsNoNot applicable
Landscaping & Tree PlantingYes100%
Street LightingYes100%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingNoNot applicable
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationNoNot applicable
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable
GREY WATER TREATMENT PLANTNoNot 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 ownership1

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 area459 sq m
Land owned byThe promoter, with other names on the file
Named landowners1
LandownerVillageDistrict
RAVINDRA BABANRAO GUNDPune (M Corp.)Pune

Approvals and building plan

Sanctioning authorityPimpri Chinchawad Municiple Corporation
Permissible FSI385.97
Proposed, not sanctioned386 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 branchMARATHA CHAMBERS, GROUND FLOOR, BHEL CHOWK, PUNE-411044

Certifying professionals and partners1

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

RoleName
Chartered AccountantA V H K and Associates
PartnerRole in project
ROYAL BUILDCON-

Extensions applied for1

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

EXT52100027763Nov 2023 → Dec 2024

Reason as filed by the promoterMSEB AUTHORITY NOT PROVIDING MSEB METER FROM LAST 1 YEAR . I AM TRYING MY BEST . WITHOUT MSEB METER LIFT NOT WORKING . AND OTHER COMPLETION PROCESS WILL BE DELAY DUE TO METER NOT GET YET.

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 24 Feb 2020
  2. Layout approvalOn the file

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

    uploaded 22 Nov 2021
  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 22 Nov 2021
  4. Commencement CertificateOn the file

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

    uploaded 22 Nov 2021Confirm 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 31 Dec 2024

Documents filed32

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
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3-Q4(FY 2022-23) (1).pdf31 Jan 2025
Architect’s Certificate on Completion of Project (Form 4)File: royal laxmi architect certificate of completion 31-Dec-2024 17-45-22.pdf31 Dec 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Completion Certificate.pdf31 Dec 2024
Disclosure of sold/ booked inventoryFile: Discloser of Sold Flats.pdf31 Dec 2024
Declaration about Commencement CertificateFile: Form D- Declaration.pdf31 Dec 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: architect letter 14-Jul-2022 12-15-30.pdf15 Sep 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Ar letter Royal Buildcon _compressed.pdf7 May 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Ar letter royal buildcon.pdf25 Nov 2021
Layout approvalFile: SANCTION PLAN 2_compressed-min 1 (1).pdf22 Nov 2021
Building plan approvalFile: SANCTION PLAN_compressed_11zon.pdf22 Nov 2021
Copy of Layout Approval (in case of layout)File: SANCTION PLAN 2_compressed-min 1 (1).pdf22 Nov 2021
Building Plan Approval / NA Order for plotted developmentFile: SANCTION PLAN_compressed_11zon.pdf22 Nov 2021
Commencement Certificates / NA Order for plotted developmentFile: Royal Buildcon Plinth inward.pdf22 Nov 2021
Declaration about Commencement CertificateFile: N A order certificate Royal buildcon.pdf22 Nov 2021
Proforma of Allotment letterFile: ROYAL LAXMI AGREEMENT TO SALE.pdf22 Nov 2021
Layout approvalFile: SANCTION PLAN_compressed_11zon.pdf10 Aug 2021
Copy of Layout Approval (in case of layout)File: SANCTION PLAN_compressed_11zon.pdf10 Aug 2021
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT Royal Buildcon CHK 1192 WSC.pdf10 Aug 2021
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER CERTIFICATE.pdf10 Aug 2021
Disclosure of sold/ booked inventoryFile: FLATPDF.pdf10 Aug 2021
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 03 final.pdf6 Mar 2020
Declaration in FORM BFile: form b promoter royal_compressed.pdf28 Feb 2020
Layout approvalFile: Copy of Layout Approval.pdf26 Feb 2020
Building plan approvalFile: Building Plan Approval.pdf26 Feb 2020
Copy of Layout Approval (in case of layout)File: Copy of Layout Approval.pdf26 Feb 2020
Building Plan Approval / NA Order for plotted developmentFile: Building Plan Approval.pdf26 Feb 2020
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: architect letter form 1.pdf26 Feb 2020
PAN CardFile: PAN.pdf24 Feb 2020
Copy of the legal title reportFile: 15search and title_reduce (1).pdf24 Feb 2020
Details of encumbrancesFile: Encrumbrance letter.pdf24 Feb 2020
Commencement Certificates / NA Order for plotted developmentFile: 16commencment_reduce.pdf24 Feb 2020
Proforma of Allotment letterFile: 8agreement to sale.pdf24 Feb 2020

How this compares with Pune

50%of this project is bookeddistrict median 31%
26%of Pune projects moved their completion datethis one moved by 13 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: ROYAL BUILDCON

Royal Buildcon has 6 registrations on MahaRERA, including Royal Garden Phase I and BILIPATRA APARTMENT. 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 ROYAL LAXMI is delayed beyond 9 Dec 2024?

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 ROYAL LAXMI?

The registered promoter entity is ROYAL BUILDCON, 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 ROYAL LAXMI?

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 ROYAL LAXMI?

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 ROYAL LAXMI?

The professionals named in the filing: Chartered Accountant: A V H K and 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 ROYAL LAXMI?

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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