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Completed No litigation declared Others project

SKY TOWERS

By M/S. RIDDHISIDDHI DEVELOPERS

RG-MH-61255 · RERA P52100050531 · Last updated on MahaRERA portal: 15 Feb 2025

Source: official MahaRERA filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form
  • Recorded completed on MahaRERA

Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 2 other registrations.

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Dec 2024Possession promisedregistration recorded completed
9 of 11Construction stages donefurthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 57 documents Report an error

SKY TOWERS is a Others project by M/S. RIDDHISIDDHI DEVELOPERS in Pune, Maharashtra, registered with MahaRERA as P52100050531 on 21 Apr 2023. The registration is recorded completed; possession was promised by 31 Dec 2024.

At a glance

Project

  • NameSKY TOWERS
  • TypeOthers
  • Location
    • PLOT NO-2
    • CTS NO-1820 Satyakamal colony Talegaon Dabhade
    • TALEGAON DABHADE
    • Talegaon Dabhade (R)
    • Mawal
    • Pune
    • 410507
  • Pincode410507
  • RERA no.P52100050531
  • ReraGenie IDRG-MH-61255

Builder

  • NameM/S. RIDDHISIDDHI DEVELOPERS
  • Entity typePartnership
  • PartnersRISHI KAMAL ARORA, CHARANJIT MALKIT BHARAJ, SARIKA AMIT BAFNA, BHAVARLAL RAMNIKLALA BAFNA, YOGESH KANTILAL GADIYA, MAUSMI KISHOR GADIYA
  • Other registrations2 more →
  • Completed1 of 3
  • No longer live2 lapsed, de-registered or revoked
  • Declared earlier projects2 →

Key dates

this monthRegisteredApr 2023PromisedDec 2024Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on21 Apr 2023
  • Promised completion31 Dec 2024
  • Revised completionNone
  • Buildings1 building record
  • Documents filed57 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
SKY TOWERSNA50000

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 15 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.

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

SKY TOWERS: 82% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor0%
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 amenities15

As on 15 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 facilityProposedProgress
Internal Roads & FootpathsNoNot applicable
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsNoNot applicable
Landscaping & Tree PlantingYes100%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes100%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed12

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 slots12
Closed/Covered4
Open Space8

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.

Land area518 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI803.97
Proposed, not sanctioned804 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 branchKAMSHET

Certifying professionals and partners3

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

RoleName
ArchitectMR AJAY BAWALE
EngineerMR GANESH BHALERAO
Chartered AccountantAISHWARYA OSWAL
PartnerRole in project
M/S. RIDDHISIDDHI DEVELOPERS-

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 13 Dec 2022
  2. Layout approvalOn the file

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

    uploaded 13 Dec 2022
  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 9 Dec 2022
  4. Commencement CertificateOn the file

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

    uploaded 9 Dec 2022Confirm 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 19 Nov 2024

Documents filed57

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- Oct to Dec-2024.pdf15 Feb 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM-1- OCT TO DEC 2024.pdf14 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form -3 Oct to Dec-2024_compressed.pdf14 Feb 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2 OCT TO DEC 2024.pdf14 Feb 2025
Architect’s Certificate on Completion of Project (Form 4)File: Sky Towers.pdf22 Nov 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC SKY TOWERS.pdf19 Nov 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM-1 APR TO JUNE 2024.pdf20 Jul 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2 APRIL TO JUNE 2024.pdf20 Jul 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM-3 APRIL TO JUNE 2024 -.pdf20 Jul 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM-1 JAN TO MAR 2024.pdf7 May 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM-2 JAN TO MAR 2024.pdf7 May 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM-1 JAN TO MAR 2024.pdf7 May 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q-2- 2023.pdf27 Mar 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q-3- 2023.pdf27 Mar 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q-4- 2023.pdf27 Mar 2024
Disclosure of sold/ booked inventoryFile: Q-2 2023.pdf26 Mar 2024
Disclosure of sold/ booked inventoryFile: Q-3 2023.pdf26 Mar 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Q-2 - 2023.pdf26 Mar 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Q-3 - 2023.pdf26 Mar 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Q-4 - 2023.pdf26 Mar 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form - 1 - Q-2 - 2023.pdf22 Mar 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form - 1 - Q-3 - 2023.pdf22 Mar 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form - 1 - Q-4 - 2023.pdf22 Mar 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form -2 Q-2 - 2023.pdf22 Mar 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form -2 Q-3 - 2023.pdf22 Mar 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form -2 Q-4 - 2023.pdf22 Mar 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate-01-01-2024.pdf14 Mar 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf14 Mar 2024
Details of encumbrances concerned to FinanceFile: financial encumbrance.pdf17 Apr 2023
Details of encumbrances concerned to LegalFile: financial encumbrance.pdf17 Apr 2023
CERSAI detailsFile: undertaking.pdf17 Apr 2023
CERSAI detailsFile: CERSAI_Search 4.pdf7 Apr 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: DocScanner 30 Mar 2023 12-35 pm_compressed-compressed.pdf7 Apr 2023
Disclosure of Interest in Other Real Estate OrganizationsFile: dis rishi.pdf17 Mar 2023
Disclosure of Interest in Other Real Estate OrganizationsFile: dis bhavarlal.pdf17 Mar 2023
Disclosure of Interest in Other Real Estate OrganizationsFile: dis charanjit.pdf17 Mar 2023
Disclosure of Interest in Other Real Estate OrganizationsFile: dis moasami.pdf17 Mar 2023
Disclosure of Interest in Other Real Estate OrganizationsFile: dis sarika.pdf17 Mar 2023
Disclosure of Interest in Other Real Estate OrganizationsFile: disclosur yog.pdf17 Mar 2023
Proforma of Agreement for saleFile: 1 Proforma of Allotment letter.pdf3 Mar 2023
Proforma of Allotment letterFile: allotment letter_compressed.pdf3 Mar 2023
Deviation Report with respect to model copy of AgreementFile: deviation report agreement.pdf3 Mar 2023
Details of encumbrances concerned to FinanceFile: encumbarnce certificate.pdf14 Feb 2023
Details of encumbrances concerned to LegalFile: encumbarnce certificate.pdf14 Feb 2023
Declaration about Commencement CertificateFile: DECLARATION ABOUT COMMENCEMNT CERTIFICATE.pdf14 Feb 2023
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: separate bank account updated.pdf14 Feb 2023
Deviation Report with respect to Allotment letterFile: Deviation Report with respect to Allotment Letter.pdf14 Feb 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate.pdf13 Feb 2023
Layout approvalFile: Sanctio Plan.pdf13 Dec 2022
Copy of the legal title reportFile: Search Report.pdf13 Dec 2022
Copy of Layout Approval (in case of layout)File: Sanctio Plan.pdf13 Dec 2022
Declaration in FORM BFile: Form -B.pdf13 Dec 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect's certificate.pdf13 Dec 2022
Building plan approvalFile: Sanctio Plan.pdf9 Dec 2022
PAN CardFile: Pan Card.pdf9 Dec 2022
Building Plan Approval / NA Order for plotted developmentFile: Sanctio Plan.pdf9 Dec 2022
Commencement Certificates / NA Order for plotted developmentFile: CC.pdf9 Dec 2022

Promoter's earlier projects1

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

1 not delivered by the promised date
ProjectLocationFlatsRegisteredStatusPromisedDelivered
EMERALD HEIGHTSP52100076755TALEGAON DABHADE, Pune20Jun 2024OngoingMay 2026Not delivered

How this compares with Pune

26%of Pune projects moved their completion datethis one has not
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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Builder: M/S. RIDDHISIDDHI DEVELOPERS

M/S. RIDDHISIDDHI DEVELOPERS has 3 registrations on MahaRERA, including REGENCY TOWER and SKY TOWERS. Its filings disclose 2 earlier MahaRERA projects: 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 SKY TOWERS 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 SKY TOWERS?

The registered promoter entity is M/S. RIDDHISIDDHI 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 SKY TOWERS?

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 SKY TOWERS?

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 SKY TOWERS?

The professionals named in the filing: Architect: MR AJAY BAWALE; Engineer: MR GANESH BHALERAO; Chartered Accountant: AISHWARYA OSWAL. 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 SKY TOWERS?

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; whether construction progress keeps pace with sales in the coming quarters. 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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