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Completed No litigation declared Residential / Group Housing project

Vaishnavi Park

By Kundnani Associates

RG-MH-12505 · RERA P52100005505 · Last updated on MahaRERA portal: 30 Mar 2021

Source: official MahaRERA filing

Red flags

  • Completion date moved by 24 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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Dec 2021Possession promisedregistration recorded completed
40 of 44Construction stages doneacross 4 buildings; furthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 27 documents Report an error

Vaishnavi Park is a Residential / Group Housing project by Kundnani Associates in Pune, Maharashtra, registered with MahaRERA as P52100005505 on 11 Aug 2017. The registration is recorded completed; possession was promised by 30 Dec 2021. The completion date has moved by 24 months from the original filing.

At a glance

Project

  • NameVaishnavi Park
  • TypeResidential / Group Housing
  • Location
    • Chakan (CT)
    • Khed
    • Pune
    • 412101
  • Pincode412101
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100005505
  • ReraGenie IDRG-MH-12505

Builder

  • NameKundnani Associates
  • Entity typePartnership
  • PartnersNarain Awatram Kundnani, Suresh Awatram Kundnani, Kamal Awatram Kundnani, Shankar Awatram Kundnani

Key dates

this monthRegisteredAug 2017First promiseDec 2019Revised toDec 2021Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on11 Aug 2017
  • Promised completion30 Dec 2021
  • Revised completionRevised to 30 Dec 2021 (originally 31 Dec 2019)
  • Buildings4 building records
  • Documents filed27 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A WINGNA60000
B WINGNA60000
C WINGNA60000
AMINITY BUILDINGNA50000

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 building4

As on 30 Mar 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.

40 of 44 construction stages are filed complete across 4 buildings. The stage furthest along is Podiums (if any), at 0%.

A WING91%
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%
B WING91%
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%
C WING91%
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%
AMINITY BUILDING91%
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%

Progress on shared amenities15

As on 30 Mar 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 & FootpathsYes100%
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 ParkingYes100%

Parking filed60

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 slots60
Closed/Covered40
Open Space20
BuildingClosed/CoveredOpen SpaceTotal
A WING808
B WING15924
C WING15924
AMINITY BUILDING224

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 area3,300 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI2613.6
Proposed, not sanctioned2,614 sq m
Buildings approved4
Buildings sanctioned4

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 branchNear Shivar Garden

Certifying professionals and partners1

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

RoleName
ArchitectAmod Doshi
PartnerRole in project
Kundnani Associates-

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EXT52100005514Dec 2019 → Dec 2020

Reason as filed by the promoterReason for applying change in completion date of above-mentioned project is, due to delaying in getting approval from the Municipal Corporation with respect to NOCs. This process will take time for project completion. Hence, we want to change project completion date. Earlier Completion date of project was 30-12-2019 but we want it changed as 30-12-2020. So please accept our request and make changes in your records.

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 29 Jul 2017
  2. Layout approvalOn the file

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

    uploaded 29 Jul 2017
  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 29 Jul 2017
  4. Commencement CertificateOn the file

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

    uploaded 6 Mar 2018Confirm 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 30 Mar 2021

Documents filed27

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
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: comple.pdf30 Mar 2021
Architect’s Certificate on Completion of Project (Form 4)File: form4.PDF30 Mar 2021
Certificates of CA (Form 5)File: Form 5 - Kundani associates.pdf15 Oct 2018
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architecture Certificate 1.pdf7 Aug 2018
Commencement Certificates / NA Order for plotted developmentFile: Commencment Certificate.PDF6 Mar 2018
Commencement Certificates / NA Order for plotted developmentFile: Plinth Certificate.PDF6 Mar 2018
Layout approvalFile: BC.pdf29 Jul 2017
Building plan approvalFile: A.pdf29 Jul 2017
Building plan approvalFile: BC.pdf29 Jul 2017
Building plan approvalFile: AMENITY.pdf29 Jul 2017
Layout approvalFile: A.pdf29 Jul 2017
Layout approvalFile: AMENITY.pdf29 Jul 2017
PAN CardFile: kundnani associat.PDF29 Jul 2017
Copy of the legal title reportFile: SEARCH AND TITLE REPORT.pdf29 Jul 2017
Details of encumbrancesFile: ENCUMBRANCES SCANNED.pdf29 Jul 2017
Copy of Layout Approval (in case of layout)File: A.pdf29 Jul 2017
Copy of Layout Approval (in case of layout)File: AMENITY.pdf29 Jul 2017
Copy of Layout Approval (in case of layout)File: BC.pdf29 Jul 2017
Building Plan Approval (IOD)File: A.pdf29 Jul 2017
Building Plan Approval (IOD)File: BC.pdf29 Jul 2017
Building Plan Approval (IOD)File: AMENITY.pdf29 Jul 2017
Declaration in FORM BFile: FORM B.pdf29 Jul 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architech Certificate.pdf29 Jul 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Vaishnavi park.pdf29 Jul 2017
Certificates of CA (Form 3)File: Form 3 _ RERA(1).PDF29 Jul 2017
Proforma of Allotment letterFile: Draft.pdf29 Jul 2017
Proforma of Allotment letterFile: ALLOTMENT SCAN.pdf29 Jul 2017

How this compares with Pune

26%of Pune projects moved their completion datethis one moved by 24 months
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 Chakan (CT)13,700+ in Pune

2 kmVaishnavi ParkCompleted 22Lapsed / revoked 12Other 1Dot size: filed unitsN

Filed coordinates, straight-line distance. 35 registered projects within 2 km.

Builder: Kundnani Associates

Kundnani Associates has 1 registration on MahaRERA, including Vaishnavi Park. 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 Vaishnavi Park is delayed beyond 30 Dec 2021?

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 Vaishnavi Park?

The registered promoter entity is Kundnani Associates, 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 Vaishnavi Park?

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 Vaishnavi Park?

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 Vaishnavi Park?

The professionals named in the filing: Architect: Amod Doshi. 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 Vaishnavi Park?

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.

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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