Home / Browse projects / Pune, Maharashtra / THE WAVE
THE WAVE
RG-MH-23925 · RERA P52100010157 · Last updated on MahaRERA portal: 1 Mar 2022
Source: official MahaRERA filing
Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
At a glance
Project
- NameTHE WAVE
- TypeResidential / Group Housing
- Location
- Wakad
- Mulshi
- Pune
- 411056
- Pincode411056
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100010157
- ReraGenie IDRG-MH-23925
Builder
- NameSANTOSH MARIBA BAGADI
- Entity typeIndividual
- Track record2 past projects →
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on24 Aug 2017
- Promised completion31 Oct 2020
- Revised completionRevised to 31 Oct 2020 (originally 12 Jul 2018)
- Buildings2 building records
- Documents filed33 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| A WING | NA | 5 | 0 | 0 | 0 | 0 |
| B WING | NA | 8 | 0 | 0 | 0 | 0 |
These details are filed with MahaRERA and packaged in the Rs 499 buyer report. Create a free account to preview, or read the full report for the verdict.
Builder: SANTOSH MARIBA BAGADI
SANTOSH MARIBA BAGADI has 2 registrations in this build, including THE WAVE and ELANZA. Its filings disclose 2 earlier MahaRERA projects: 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 THE WAVE is delayed beyond 31 Oct 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 THE WAVE?
The registered promoter entity is SANTOSH MARIBA BAGADI, an individual as per the filing. The filing discloses no 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, all downloadable free from this page with a login.
Is my payment protected in THE WAVE?
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.
Who certifies construction progress at THE WAVE?
The professionals named in the filing: Architect: RAHUL VEDPATHAK; Engineer: THREE D PRIME DESIGN PVT LTD; Engineer: SACHIN LADKAT. 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 THE WAVE?
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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