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Completed No litigation declared Residential / Group Housing project

SPACE ELENA

By SPACE VENTURES

RG-MH-11529 · RERA P52100008019 · Last updated on MahaRERA portal: 4 Aug 2021

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 every project registered within 2 km.

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Sep 2020Possession promisedregistration recorded completed
10 of 22Construction stages doneacross 2 buildings; furthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 24 documents Report an error

SPACE ELENA is a Residential / Group Housing project by SPACE VENTURES in Pune, Maharashtra, registered with MahaRERA as P52100008019 on 18 Aug 2017. The registration is recorded completed; possession was promised by 30 Sep 2020.

At a glance

Project

  • NameSPACE ELENA
  • TypeResidential / Group Housing
  • Location
    • Bavdhan
    • Bavadhan BK
    • Mulshi
    • Pune
    • 411021
  • Pincode411021
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100008019
  • ReraGenie IDRG-MH-11529

Builder

  • NameSPACE VENTURES
  • Entity typePartnership
  • PartnersSIDDHARTH PUNGALIYA, PANKAJ CHHAJED

Key dates

this monthRegisteredAug 2017PromisedSep 2020Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on18 Aug 2017
  • Promised completion30 Sep 2020
  • Revised completionNone
  • Buildings2 building records
  • Documents filed24 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
FNA100000
CLUB HOUSENA10000

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 4 Aug 2021, 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.

10 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Podiums (if any), at 0%.

F91%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
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%
CLUB HOUSE0%
ActivityProgress
Excavation0%
Basement (if any)0%
Podiums (if any)0%
Plinth0%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
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 4 Aug 2021, 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 BuildingsYes100%
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalYes100%
Water conservation /Rain water harvestingYes100%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceYes100%
Open ParkingYes100%

Parking filed36

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 slots36
Closed/Covered36

Land and ownership5

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.

Land area2,746 sq m
Land owned byThe promoter, with other names on the file
Named landowners5
LandownerVillageDistrict
SHUSHILA BANDU DAGADEBavadhan BKPune
SUNIL BANDU DAGADEBavadhan BKPune
SARITA SUNIL DAGADEBavadhan BKPune
MANOHAR BANDU DAGADEBavadhan BKPune
MANISHA MANOHAR DAGADEBavadhan BKPune

Approvals and building plan

Permissible FSI6081.0
Proposed, not sanctioned5,081 sq m
Buildings approved2
Buildings sanctioned2

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 branchSenapati bapat road, PUNE

Certifying professionals and partners2

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

RoleName
ArchitectCUBIX ARCHITECT
EngineerSUNIL MUTALIK AND ASSOCIATES
PartnerRole in project
SPACE VENTURES-

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 26 Jul 2017
  2. Layout approvalOn the file

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

    uploaded 16 Jul 2019
  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 26 Jul 2017
  4. Commencement CertificateOn the file

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

    uploaded 16 Jul 2019Confirm 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 12 Mar 2020

Documents filed24

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
Status of Formation of Legal Entity (Society/Co Op etc.)File: SPACE ELENA Certificate (2).pdf4 Aug 2021
Status of ConveyanceFile: Scan Conveyance deed_2_compressed.pdf4 Aug 2021
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Completion Space Elena.pdf12 Mar 2020
Architect’s Certificate on Completion of Project (Form 4)File: Form 4.pdf12 Mar 2020
Layout approvalFile: Layout Plan_Revised.pdf16 Jul 2019
Copy of Layout Approval (in case of layout)File: Layout Plan_Revised.pdf16 Jul 2019
Commencement Certificates / NA Order for plotted developmentFile: Revised Commencement_Revised.pdf16 Jul 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 01 RERA (1).pdf9 Jun 2019
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 Engineer.pdf9 Jun 2019
Certificates of CA (Form 3)File: UDIN Certificate.pdf9 Jun 2019
Certificates of CA (Form 5)File: rera_20181225022843.pdf28 Dec 2018
Layout approvalFile: layout.pdf27 Jul 2017
Copy of Layout Approval (in case of layout)File: layout.pdf27 Jul 2017
Building plan approvalFile: PLAN.pdf26 Jul 2017
PAN CardFile: Space Pan.pdf26 Jul 2017
Copy of the legal title reportFile: Tital Report.pdf26 Jul 2017
Details of encumbrancesFile: Declairation.PDF26 Jul 2017
Building Plan Approval (IOD)File: PLAN.pdf26 Jul 2017
Commencement Certificates / NA Order for plotted developmentFile: commencement certificate.PDF26 Jul 2017
Declaration in FORM BFile: DECLAIRATION AFFIDEVIT.pdf26 Jul 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: aRCHITECT cERTIFICATE.pdf26 Jul 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineers Certificate.pdf26 Jul 2017
Certificates of CA (Form 3)File: Form 3.pdf26 Jul 2017
Proforma of Allotment letterFile: AGREEMENT.pdf26 Jul 2017

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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How alerts work

Other projects near Bavdhan13,700+ in Pune

2 kmSPACE ELENACompleted 31Lapsed / revoked 19Other 47Dot size: filed unitsN

Filed coordinates, straight-line distance. 97 registered projects within 2 km.

Builder: SPACE VENTURES

SPACE VENTURES has 1 registration on MahaRERA, including SPACE ELENA. 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 SPACE ELENA is delayed beyond 30 Sep 2020?

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 SPACE ELENA?

The registered promoter entity is SPACE VENTURES, 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 SPACE ELENA?

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 SPACE ELENA?

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 SPACE ELENA?

The professionals named in the filing: Architect: CUBIX ARCHITECT; Engineer: SUNIL MUTALIK 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 SPACE ELENA?

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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