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Silver Crest Commercial Wing A and B
RG-MH-22065 · RERA P52100030182 · Last updated on MahaRERA portal: 14 Feb 2025
Source: official MahaRERA filing
Red flags
- Completion date moved by 12 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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Silver Crest Commercial Wing A and B is a Commercial project by M/S Mahavir Realty in Pune, Maharashtra, registered with MahaRERA as P52100030182 on 5 Aug 2021. The registration is recorded completed; possession was promised by 30 Mar 2024. The completion date has moved by 12 months from the original filing.
At a glance
Project
- NameSilver Crest Commercial Wing A and B
- TypeCommercial
- Location
- Near JSPM Chowk
- Wagholi
- Haveli
- Pune
- 412207
- Pincode412207
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100030182
- ReraGenie IDRG-MH-22065
Builder
- NameM/S Mahavir Realty
- Entity typePartnership
- PartnersVarsha Dilip Oswal, Nitin Suresh Malpani, Devendra Bankatlal Rathi, Shashikant Munilal Dangi, Kamlesh Shriniwas Khatod, Manoj Ramdayal Asawa, Nikhilesh Govindlal Rathi, Niraj Vittaldas Mantri
- Other registrations1 more →
- Completed1 of 2
- No longer live1 lapsed, de-registered or revoked
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on5 Aug 2021
- Promised completion30 Mar 2024
- Revised completionRevised to 30 Mar 2024 (originally 31 Mar 2023)
- Buildings2 building records
- Documents filed32 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Wing A | NA | 3 | 0 | 0 | 0 | 0 |
| Wing B | NA | 3 | 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 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.
8 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Stilt Floor, at 90%.
Wing A77%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 90% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 90% |
| Sanitary Fittings within the flats / premises | 40% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 90% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 50% |
| 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. | 90% |
Wing B64%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 80% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 70% |
| Sanitary Fittings within the flats / premises | 40% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 50% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 40% |
| 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 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 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 | 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 | Yes | 0% |
Parking filed26
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 |
|---|---|---|---|
| Wing A | 9 | 5 | 14 |
| Wing B | 12 | 0 | 12 |
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 partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Alok Surendra Kirad |
| Engineer | Anirudha Vanarase |
| Chartered Accountant | Pushpak B Mundada & Associates |
| Partner | Role in project |
|---|---|
| M/S Mahavir Realty | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterThe Applicant is requesting for extension upto30/03/2024 and submits that the following factors have caused the subject delay of 12 months:- 1.Shortage of certain material in the markets due to the supply chain disruptions and scarcity of materials like metals and semi-conductors 2.Increase in the materials costs had to lead to stricter payments terms and delivery terms. 3.The other buildings in the project are occupied. Being a habitant surroundings the work had to be carried with limitations on work timings, restrictions on inwards & outward movements, limitations on on-site storage of mater
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 19 Jul 2021 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 19 Jul 2021 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 19 Jul 2021 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 14 Feb 2025Confirm 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 13 Jun 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.
| Document | Uploaded |
|---|---|
| Commencement Certificates / NA Order for plotted developmentFile: CC2023.pdf | 14 Feb 2025 |
| Architect’s Certificate on Completion of Project (Form 4)File: Form4.pdf | 9 Jan 2025 |
| Architect’s Certificate on Completion of Project (Form 4)File: Form4.pdf | 11 Nov 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Amenity Completion Certificate.pdf | 13 Jun 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: CCF16032024_0001.pdf | 18 Mar 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: 1 Annual Audit Report of Statutory CA (Form 5) (FY 2020-21).pdf | 15 Apr 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM3_compressed.pdf | 5 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form5.pdf | 5 Apr 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Wing A Comm 182_compressed.pdf | 22 Feb 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: WIng B Comm 182_compressed.pdf | 22 Feb 2023 |
| CERSAI detailsFile: FORM 3.pdf | 16 Feb 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: WingA.pdf | 2 Feb 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: WingB.pdf | 2 Feb 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form2A.pdf | 31 Jan 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Silver Crest -compressed.pdf | 11 Apr 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: RERA Certificate-compressed.pdf | 11 Apr 2022 |
| Proforma of Allotment letterFile: Silver Crest.pdf | 20 Dec 2021 |
| Proforma of Allotment letterFile: Silver Crest -Agreement.pdf | 23 Oct 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Cert Signed Mahavir Realty.pdf | 21 Jul 2021 |
| Layout approvalFile: Layout.pdf | 19 Jul 2021 |
| Building plan approvalFile: Wing - A.pdf | 19 Jul 2021 |
| Building plan approvalFile: Wing - B.pdf | 19 Jul 2021 |
| PAN CardFile: MAHAVIR REALTY PAN.pdf | 19 Jul 2021 |
| Copy of the legal title reportFile: Search Title.pdf | 19 Jul 2021 |
| Details of encumbrancesFile: Encumbrances Certificate.pdf | 19 Jul 2021 |
| Copy of Layout Approval (in case of layout)File: Layout.pdf | 19 Jul 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: Wing - A.pdf | 19 Jul 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: Wing - B.pdf | 19 Jul 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: CC.pdf | 19 Jul 2021 |
| Declaration about Commencement CertificateFile: Declaration -CC.pdf | 19 Jul 2021 |
| Declaration in FORM BFile: Form - B.pdf | 19 Jul 2021 |
| Proforma of Allotment letterFile: Agreement Copy - Silver Crest.pdf | 19 Jul 2021 |
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Buyer report
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- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 1 other registration and every project registered within 2 km, which the RERA portal never shows together
- All 32 filed documents as one ZIP, foldered, with a manifest
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Builder: M/S Mahavir Realty
M/S Mahavir Realty has 2 registrations on MahaRERA, including Silver Crest Wing A and C and Silver Crest Commercial Wing A and B. 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 Silver Crest Commercial Wing A and B is delayed beyond 30 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 Silver Crest Commercial Wing A and B?
The registered promoter entity is M/S Mahavir Realty, 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 Silver Crest Commercial Wing A and B?
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 Silver Crest Commercial Wing A and B?
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 Silver Crest Commercial Wing A and B?
The professionals named in the filing: Architect: Alok Surendra Kirad; Engineer: Anirudha Vanarase; Chartered Accountant: Pushpak B Mundada & 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 Silver Crest Commercial Wing A and B?
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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