Home / Browse projects / Pune, Maharashtra / Sai Park
Sai Park
RG-MH-20040 · RERA P52100011387 · Last updated on MahaRERA portal: 14 Feb 2023
Source: official MahaRERA filing
Red flags
- Completion date moved by 42 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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Sai Park is a Residential / Group Housing project by Rachana Constructions in Pune, Maharashtra, registered with MahaRERA as P52100011387 on 31 Aug 2017. The registration is recorded completed; possession was promised by 30 Dec 2022. The completion date has moved by 42 months from the original filing.
At a glance
Project
- NameSai Park
- TypeResidential / Group Housing
- Location
- Loni-kalbhor
- Haveli
- Pune
- 412201
- Pincode412201
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100011387
- ReraGenie IDRG-MH-20040
Builder
- NameRachana Constructions
- Entity typePartnership
- PartnersLakhamsi Jivraj Patel, Nilesh Lakhamsi Patel
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on31 Aug 2017
- Promised completion30 Dec 2022
- Revised completionRevised to 30 Dec 2022 (originally 30 Jun 2019)
- Buildings2 building records
- Documents filed46 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Sai Park A Wing | NA | 6 | 0 | 0 | 0 | 0 |
| Sai Park B Wing | NA | 6 | 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 building2
As on 14 Feb 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.
13 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Internal walls, at 80%.
Sai Park A Wing82%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| 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% |
Sai Park B Wing58%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 80% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 80% |
| 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% |
Progress on shared amenities15
As on 14 Feb 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 | 80% |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 70% |
| Landscaping & Tree Planting | Yes | 75% |
| Street Lighting | Yes | 80% |
| Community Buildings | Yes | 100% |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 70% |
| Energy managemcnt | Yes | 50% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | Yes | 80% |
| Open Parking | No | Not applicable |
Parking filed32
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 | Open Space | Total |
|---|---|---|---|
| Sai Park A Wing | 1 | 15 | 16 |
| Sai Park B Wing | 1 | 15 | 16 |
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 |
|---|---|---|
| Kent Builders and Developers | 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 | Ankur Associates |
| Engineer | Sarfaraz Mustafa Khan |
| Partner | Role in project |
|---|---|
| Rachana Constructions | - |
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 promoterProject consist of 2 wings out of that Wing A is already completed and application for part OC is submitted. Copy of the same is attached. Wing B FSI approval was dependent on few common amenities which was just completed and hence, these approvals are in progress. Project is expected to be completed in few months once the approvals are in place.
Reason as filed by the promoterThe project, namely Sai Park, consists of 2 Wings (i.e. A-Wing and B-Wing) out of which A-Wing comprising of 56 flats (i.e. Sold units - 48 and Unsold units - 08) of which Occupancy Certificate has been received from PMRDA, Pune on 18/07/2019 and same has been uploaded on MahaRERA project registration. All 48 allottees have already taken possession of their respective flat/s. Construction of B-Wing is ongoing. We have completed 75 to 80 % of work, and some work is remaining due to an unavoidable situation, which we as a Promoter undertakes to expedite. We require time to complete the remaining
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 28 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 28 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 28 Jul 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 7 Aug 2021Confirm 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 14 Feb 2023
Documents filed46
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 |
|---|---|
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Occupancy Certificate 2022 - Wing B.pdf | 14 Feb 2023 |
| Architect’s Certificate on Completion of Project (Form 4)File: Form 4 30-12-2022.pdf | 14 Feb 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: PMRDA Commencement Certificate.pdf | 7 Aug 2021 |
| Declaration about Commencement CertificateFile: Declaration of CC.pdf | 7 Aug 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: QAC 30-6-19.pdf | 14 Jul 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: QAC 30-9-19.pdf | 14 Jul 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: QAC 31-12-19.pdf | 14 Jul 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: QAC 31-3-20.pdf | 14 Jul 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: QAC 30-6-20.pdf | 14 Jul 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: QAC 30-9-20.pdf | 14 Jul 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: QAC 31-12-20.pdf | 14 Jul 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: QAC 31-3-21.pdf | 14 Jul 2021 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Sold Booked inventory.pdf | 14 Jul 2021 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form I.pdf | 13 Jul 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Annual Report 2018-19.pdf | 13 Jul 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Annual Report2019-20.pdf | 13 Jul 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Annual report 2020-21.pdf | 13 Jul 2021 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Completion Certificate - Wing A.pdf | 13 Jul 2021 |
| Certificates of CA (Form 5)File: KRR 2017-18 Form 5 GMA Scan.pdf | 15 Oct 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: SaiPark Form 1 Signed 2017-12-11.pdf | 1 Feb 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: SaiPark Form 2 Signed 2017-11-23.pdf | 25 Nov 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form2.pdf | 30 Jul 2017 |
| Certificates of CA (Form 3)File: Form 3.pdf | 30 Jul 2017 |
| Layout approvalFile: sai park page1.pdf | 28 Jul 2017 |
| Layout approvalFile: sai park page2-3.pdf | 28 Jul 2017 |
| Layout approvalFile: sai park page4-5.pdf | 28 Jul 2017 |
| Layout approvalFile: sai park page6-7.pdf | 28 Jul 2017 |
| Layout approvalFile: sai park page8-9.pdf | 28 Jul 2017 |
| Building plan approvalFile: Declaration for IOD.pdf | 28 Jul 2017 |
| PAN CardFile: Rachana Constructions PAN.pdf | 28 Jul 2017 |
| Copy of the legal title reportFile: Search Report And Title Certificate.pdf | 28 Jul 2017 |
| Details of encumbrancesFile: Letter Of Sanction 1-5.pdf | 28 Jul 2017 |
| Details of encumbrancesFile: Letter Of Sanction 6-9.pdf | 28 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: sai park page1.pdf | 28 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: sai park page2-3.pdf | 28 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: sai park page4-5.pdf | 28 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: sai park page6-7.pdf | 28 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: sai park page8-9.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: Declaration for IOD.pdf | 28 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: Order 1.pdf | 28 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: Order 2.pdf | 28 Jul 2017 |
| Declaration in FORM BFile: Rachana Form B.pdf | 28 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1.pdf | 28 Jul 2017 |
| Proforma of Allotment letterFile: proforma Agreement.pdf | 28 Jul 2017 |
| Proforma of Allotment letterFile: proforma Allotment Letter.pdf | 28 Jul 2017 |
| Proforma of Allotment letterFile: DEED OF CONVEYANCE- SOCIETY-LONI KALBHOR.pdf | 28 Jul 2017 |
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Buyer report
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Builder: Rachana Constructions
Rachana Constructions has 1 registration on MahaRERA, including Sai Park. 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 Sai Park is delayed beyond 30 Dec 2022?
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 Sai Park?
The registered promoter entity is Rachana Constructions, 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 Sai Park?
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 Sai Park?
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 Sai Park?
The professionals named in the filing: Architect: Ankur Associates; Engineer: Sarfaraz Mustafa Khan. 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 Sai Park?
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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