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ROYALE PLAZA
RG-MH-24360 · RERA P52100005617 · Last updated on MahaRERA portal: 22 Jul 2023
Source: official MahaRERA filing
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Red flags
- Registration lapsed
- Possession 22 months past the filed date
- Completion date moved by 49 months
- 2 extensions taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
4 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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ROYALE PLAZA is a Commercial project by ROYALE DEVELOPERS AOP in Pune, Maharashtra, registered with MahaRERA as P52100005617 on 11 Aug 2017. Possession was promised by 31 Dec 2024 and is now 22 months past that date. The completion date has moved by 49 months from the original filing.
At a glance
Project
- NameROYALE PLAZA
- TypeCommercial
- Location
- Near Shantidham Smashanbhumi
- Dhankawadi
- Haveli
- Pune
- 411043
- Pincode411043
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100005617
- ReraGenie IDRG-MH-24360
Builder
- NameROYALE DEVELOPERS AOP
- Entity typeOthers
- Named personsASHOK HAMIRMAL NAHAR, MAHESH VASANTRAO SHIRODE, AMIT ASHOK NAHAR, CHANDRASHEKHAR MURLIDHAR SHERRUDE, SAHIL SATISH NAHAR
Key dates
Key facts
Registration and timeline
- StatusRegistration lapsed
- Registered on11 Aug 2017
- Promised completion31 Dec 2024
- Revised completionRevised to 31 Dec 2024 (originally 1 Nov 2020)
- Buildings1 building record
- Documents filed56 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| ROYALE PLAZA | NA | 4 | 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 22 Jul 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.
6 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.
ROYALE PLAZA: 55% 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 | 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 22 Jul 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 | 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 | No | Not applicable |
| 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 | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 0% |
Parking filed132
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 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.
| Landowner | Village | District |
|---|---|---|
| ANANDRAO BHAUSAHEB POL | Kothrud | 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 partners1
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | VIPUL NIKAM AND ASSOCIATES |
| Partner | Role in project |
|---|---|
| ROYALE DEVELOPERS AOP | - |
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 promoter• Insufficient Cash flow and shortage of Funds due to defaults in payments by Allottees of the project • Non availability of Requisite Material. • Non availability of Skilled Labour. • Overall distress caused due to COVID-19 pandemic.
Reason as filed by the promoterWe had applied for revised sanction and we got revised sanction on 30/03/2022 , so we need some more time to complete our project. We assure that, we shall complete the project latest by 31st December 2024.( 31/12/2024)
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 31 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 22 Jul 2023 - 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 Aug 2018 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 22 Jul 2023Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot on 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.
Documents filed56
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.
| Document | Uploaded |
|---|---|
| Layout approvalFile: Blue Print 1.PDF | 22 Jul 2023 |
| Layout approvalFile: Blue Print 2.PDF | 22 Jul 2023 |
| Layout approvalFile: Blue print 3.PDF | 22 Jul 2023 |
| Copy of Layout Approval (in case of layout)File: Blue Print 1.PDF | 22 Jul 2023 |
| Copy of Layout Approval (in case of layout)File: Blue Print 2.PDF | 22 Jul 2023 |
| Copy of Layout Approval (in case of layout)File: Blue print 3.PDF | 22 Jul 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: CC 20230525044250.pdf | 22 Jul 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate 2018 F1.pdf | 21 Jun 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate 2019 F1.pdf | 21 Jun 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate 2020 F1.pdf | 21 Jun 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate 2021F1.pdf | 21 Jun 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate 2022 F1.pdf | 21 Jun 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate 2023 F1.pdf | 21 Jun 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Architect Certificate 2021F1.pdf | 21 Jun 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Architect Certificate 2022 F1.pdf | 21 Jun 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Architect Certificate 2022 F1.pdf | 21 Jun 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEERS_CERTIFICATE_2018 Form 2.pdf | 21 Jun 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEERS_CERTIFICATE_2019 Form 2.pdf | 21 Jun 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEERS_CERTIFICATE_2020 Form 2.pdf | 21 Jun 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEERS_CERTIFICATE_2021(1)Form 2.pdf | 21 Jun 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEERS_CERTIFICATE_2021(2)Form 2.pdf | 21 Jun 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 ENGINEER'S CERTIFICATE2022_page-0001_page-0001.pdf | 21 Jun 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: 3132022Form 2A SITE ENGINEER'S CERTIFICATE (1)_page-0001.pdf | 21 Jun 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: 3132022Form 2A SITE ENGINEER'S CERTIFICATE (1)_page-0001.pdf | 21 Jun 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: 3132022Form 2A SITE ENGINEER'S CERTIFICATE (1)_page-0001.pdf | 21 Jun 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: 3132022Form 2A SITE ENGINEER'S CERTIFICATE (1)_page-0001.pdf | 21 Jun 2023 |
| Disclosure of sold/ booked inventoryFile: discloser of sold inventory.pdf | 21 Jun 2023 |
| Certificates of CA (Form 3)File: RD F3 31032018.pdf | 21 Jun 2023 |
| Certificates of CA (Form 3)File: RD F3 31032019.pdf | 21 Jun 2023 |
| Certificates of CA (Form 3)File: RD F3 31032020.pdf | 21 Jun 2023 |
| Certificates of CA (Form 3)File: RF F3 31032021.pdf | 21 Jun 2023 |
| Certificates of CA (Form 3)File: RD F3 31122021.pdf | 21 Jun 2023 |
| Certificates of CA (Form 3)File: RD F3 31032022.pdf | 21 Jun 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2017-18)File: RD F5 2018.pdf | 21 Jun 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: RD F5 2019.pdf | 21 Jun 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: RD F5 2020.pdf | 21 Jun 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: RD F5 2021.pdf | 21 Jun 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: RD F5 2022.pdf | 21 Jun 2023 |
| Building plan approvalFile: HPSC1228.pdf | 13 Aug 2018 |
| Building plan approvalFile: HPSC1229.pdf | 13 Aug 2018 |
| Building Plan Approval (IOD)File: HPSC1228.pdf | 13 Aug 2018 |
| Building Plan Approval (IOD)File: HPSC1229.pdf | 13 Aug 2018 |
| Commencement Certificates / NA Order for plotted developmentFile: SMFP-C360-018031322090.pdf | 13 Aug 2018 |
| Layout approvalFile: layout plan.pdf | 31 Jul 2017 |
| Building plan approvalFile: building plan.pdf | 31 Jul 2017 |
| PAN CardFile: pan card royale developers AOP.pdf | 31 Jul 2017 |
| Copy of the legal title reportFile: legal title 7.pdf | 31 Jul 2017 |
| Details of encumbrancesFile: encumbrance letter.pdf | 31 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: layout plan.pdf | 31 Jul 2017 |
| Building Plan Approval (IOD)File: building plan.pdf | 31 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: commencement certificate.pdf | 31 Jul 2017 |
| Declaration in FORM BFile: affidavit 3.pdf | 31 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: architect cert 4.pdf | 31 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: engineer cert 3.pdf | 31 Jul 2017 |
| Certificates of CA (Form 3)File: ca cert form 3.pdf | 31 Jul 2017 |
| Proforma of Allotment letterFile: agreement for sale.pdf | 31 Jul 2017 |
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Builder: ROYALE DEVELOPERS AOP
ROYALE DEVELOPERS AOP has 1 registration on MahaRERA, including ROYALE PLAZA. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What does it mean that ROYALE PLAZA shows as registration lapsed on MahaRERA?
A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.
What are my rights if ROYALE PLAZA is delayed beyond 31 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 ROYALE PLAZA?
The registered promoter entity is ROYALE DEVELOPERS AOP, 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 ROYALE PLAZA?
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 ROYALE PLAZA?
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 ROYALE PLAZA?
The professionals named in the filing: Architect: VIPUL NIKAM 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 ROYALE PLAZA?
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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