Home / Browse projects / Pune, Maharashtra / SHREE CAPITAL
SHREE CAPITAL
RG-MH-91937 · RERA P52100020679 · Last updated on MahaRERA portal: 19 Jul 2024
Source: official MahaRERA filing
Red flags
- Completion date moved by 42 months
- 3 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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SHREE CAPITAL is a Commercial project by SHREE DEVELOPERS in Pune, Maharashtra, registered with MahaRERA as P52100020679 on 3 May 2019. The registration is recorded completed; possession was promised by 20 Mar 2024. The completion date has moved by 42 months from the original filing.
At a glance
Project
- NameSHREE CAPITAL
- TypeCommercial
- Location
- DATTA MANDIR ROAD
- WAKAD
- Mulshi
- Pune
- 411057
- Pincode411057
- RERA no.P52100020679
- ReraGenie IDRG-MH-91937
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on3 May 2019
- Promised completion20 Mar 2024
- Revised completionRevised to 20 Mar 2024 (originally 20 Sep 2020)
- Buildings1 building record
- Documents filed84 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| COMMERCIAL | NA | 7 | 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 19 Jul 2024, 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.
3 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 60%.
COMMERCIAL: 33% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 60% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| 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 19 Jul 2024, 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 | No | Not applicable |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | No | Not applicable |
| 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 | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Land and ownership
MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
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 | ABHIJIT S GAIKWAD AND SANGRAM S SALUNKE |
| Engineer | PRAVIN PATIL |
| Partner | Role in project |
|---|---|
| SHREE DEVELOPERS | - |
Extensions applied for3
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterDue to after effect of COVID pandemic, labor force, necessary for carrying out construction activity, still havent returned back to active duty from their native places. With the current slow restarting of economy developer is confident to complete remaining work within next One year. After communicating the same to stake holders even they are of the opinion that an extension of One year would be in interest of all parties involved.
Reason as filed by the promoterTHERE HAS BEEN A LOT OF DELAY FROM THE CORPORATION IN GIVING US A COMPLETION CERTIFICATE
Reason as filed by the promoterTHERE HAS BEEN A LOT OF DELAY FROM THE CORPORATION IN GIVING US A COMPLETION CERTIFICATE
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 20 Apr 2019 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 7 Feb 2019 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 7 Feb 2019 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 7 Feb 2019Confirm 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 19 Jul 2024
Documents filed84
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 84 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: Final Completion Certificate 12022024.pdf | 19 Jul 2024 |
| Architect’s Certificate on Completion of Project (Form 4)File: form-4 Architect Certificte 14022024.pdf | 19 Jul 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1 Architect Certificate 12022024.pdf | 15 Jul 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Booked Inventory 12022024.pdf | 15 Jul 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form-5 RERA Audit Report FY 2023-24.pdf | 15 Jul 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1 Architect Certificate 30062023.pdf | 30 Mar 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1 Architect Certificate 30092023.pdf | 30 Mar 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1 Architect Certificate 31122023.pdf | 30 Mar 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Booked Inventory 30062023.pdf | 30 Mar 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Booked Inventory 30092023.pdf | 30 Mar 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Booked Inventory 31122023.pdf | 30 Mar 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form-5 RERA Audit FY 2022-23.pdf | 15 Mar 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1 Architect Certificate 31032020.pdf | 19 Oct 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1 Architect Certificate 31032021.pdf | 19 Oct 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1 Architect Certificate 31122021.pdf | 19 Oct 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1 Architect Certificate 31032022.pdf | 19 Oct 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1 Architect Certificate 30062022.pdf | 19 Oct 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1 Architect Certificate 30092022.pdf | 19 Oct 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1 Architect Certificate 31122022.pdf | 19 Oct 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1 Architect Certificate 31032023.pdf | 19 Oct 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form-2 Engineer Certificate 31032020.pdf | 19 Oct 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form-2 Engineer Certificate 31032021.pdf | 19 Oct 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form-2 Engineer Certificate 31122021.pdf | 19 Oct 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form-2 Engineer Certificate 31032022.pdf | 19 Oct 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form-2 Engineer Certificate 30062022.pdf | 19 Oct 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form-2 Engineer Certificate 31122022.pdf | 19 Oct 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form-2 Engineer Certificate 31032023.pdf | 19 Oct 2023 |
| Certificates of CA (Form 3)File: Form-3 CA Certificate 31032020.pdf | 19 Oct 2023 |
| Certificates of CA (Form 3)File: Form-3 CA Certificate 31032021.pdf | 19 Oct 2023 |
| Certificates of CA (Form 3)File: Form-3 CA Certificate 31122021.pdf | 19 Oct 2023 |
| Certificates of CA (Form 3)File: Form-3 CA Certificate 31032022.pdf | 19 Oct 2023 |
| Certificates of CA (Form 3)File: Form-3 CA Certificate 30062022.pdf | 19 Oct 2023 |
| Certificates of CA (Form 3)File: Form-3 CA Certificate 31122022.pdf | 19 Oct 2023 |
| Certificates of CA (Form 3)File: Form-3 CA Certificate 31032023.pdf | 19 Oct 2023 |
| Declaration in FORM BFile: Form-B Affidavit 11072023.pdf | 11 Jul 2023 |
| Declaration about Commencement CertificateFile: Decalaration about commencement certificate-06072023.pdf | 8 Jul 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form-5 RERA Audit Report FY 2019-20.pdf | 8 Jul 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form-2A Quality Assurance Certificate FY 2019-20.pdf | 8 Jul 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form-2A Quality Assurance Certificate FY 2020-21.pdf | 8 Jul 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form-2A Quality Assurance Certificate FY 2021-22.pdf | 8 Jul 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form-2A Quality Assurance Certificate FY 2022-23.pdf | 8 Jul 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Booked Inventory 31032020.pdf | 8 Jul 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Booked Inventory 31122021.pdf | 8 Jul 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Booked Inventory 31032022.pdf | 8 Jul 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Booked Inventory 30062022.pdf | 8 Jul 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Booked Inventory 30092022.pdf | 8 Jul 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Booked Inventory 31122022.pdf | 8 Jul 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Booked Inventory 31032023.pdf | 8 Jul 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Form-5 RERA Audit Report FY 2019-20.pdf | 8 Jul 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form-5 RERA Audit Report FY 2020-21.pdf | 8 Jul 2023 |
| Details of encumbrances concerned to FinanceFile: No Encumbrance Legal 05042023.pdf | 15 Apr 2023 |
| Details of encumbrances concerned to FinanceFile: No Encumbrance Finance 05042023.pdf | 15 Apr 2023 |
| Details of encumbrances concerned to LegalFile: No Encumbrance Legal 05042023.pdf | 15 Apr 2023 |
| Details of encumbrances concerned to LegalFile: No Encumbrance Finance 05042023.pdf | 15 Apr 2023 |
| CERSAI detailsFile: CERSAI_Search_Report_15042023.pdf | 15 Apr 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of interest Ajit Gaikwad 05042023.pdf | 15 Apr 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of Interest Amit Undare 05042023.pdf | 15 Apr 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of Interest Hiten Chotaliya 05042023.pdf | 15 Apr 2023 |
| Proforma of Agreement for saleFile: 1 Proforma of Agreement to sale Draft.pdf | 15 Apr 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Declaration abt Seperate Bank AC 05042023.pdf | 15 Apr 2023 |
| Deviation Report with respect to Allotment letterFile: Deviation Allotment Letter 05042023.pdf | 15 Apr 2023 |
| Deviation Report with respect to model copy of AgreementFile: Deviation Agreement For Sale 05042023.pdf | 15 Apr 2023 |
| Certificates of CA (Form 3)File: Shree Developers Form 3 (1)_compressed.pdf | 1 Oct 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: form 5-shree developers-FIN-21-22.pdf | 30 Sep 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: form-2-15092022-engineer certificate-shree capital-.pdf | 28 Sep 2022 |
| Declaration about Commencement CertificateFile: 11032022--declaration extented period-shree developers.pdf | 11 Mar 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: 11032022-form-2A- engineer certificate-shree developers.pdf | 11 Mar 2022 |
| Disclosure of sold/ booked inventoryFile: sold unsold inventory-shree developers-31082021.pdf | 24 Sep 2021 |
| Proforma of Allotment letterFile: AGREEMENT SALE 01_compressed (3).pdf | 22 Apr 2019 |
| Proforma of Allotment letterFile: AGREEMENT SALE 02_compressed.pdf | 22 Apr 2019 |
| Proforma of Allotment letterFile: AGREEMENT SALE 03_compressed (1).pdf | 22 Apr 2019 |
| Proforma of Allotment letterFile: AGREEMENT SALE 04_compressed.pdf | 22 Apr 2019 |
| Copy of the legal title reportFile: SEARCH AND TITLE REPORT_compressed.pdf | 20 Apr 2019 |
| Details of encumbrancesFile: NON ENCUMBRANCE CERTIFICATE.pdf | 20 Apr 2019 |
| Declaration in FORM BFile: FROM B_compressed.pdf | 20 Apr 2019 |
| Certificates of CA (Form 3)File: final-Shree Developers-ca-certificate-31012019.pdf | 20 Feb 2019 |
| Layout approvalFile: shree-developers-layout-plan.PDF | 7 Feb 2019 |
| Building plan approvalFile: shree-developers-layout-plan.PDF | 7 Feb 2019 |
| PAN CardFile: shree-developers-pan-no.pdf | 7 Feb 2019 |
| Copy of Layout Approval (in case of layout)File: shree-developers-layout-plan.PDF | 7 Feb 2019 |
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Buyer report
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- All 84 filed documents as one ZIP, foldered, with a manifest
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Builder: SHREE DEVELOPERS
SHREE DEVELOPERS has 52 registrations on MahaRERA, including SHRISHRI LAKE CASTLE and MAYURESHWAR COMPLEX. Its filings disclose 9 earlier MahaRERA projects: declares 6 of 8 past projects completed on time. Litigation is declared on 1 of its registrations. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What are my rights if SHREE CAPITAL is delayed beyond 20 Mar 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 SHREE CAPITAL?
The registered promoter entity is SHREE DEVELOPERS, 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 SHREE CAPITAL?
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 SHREE CAPITAL?
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 SHREE CAPITAL?
The professionals named in the filing: Architect: ABHIJIT S GAIKWAD AND SANGRAM S SALUNKE; Engineer: PRAVIN PATIL. 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 SHREE CAPITAL?
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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