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VRINDANAND-BAY
By MAKWANA AND TANMAY CONSTRUCTION
RG-MH-27631 · RERA P52100045562 · Last updated on MahaRERA portal: 4 May 2026
Source: official MahaRERA filing
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Red flags
- Rs 17.25 crore secured on the land, in favour of Aditya Birla Finance Ltd
- The declared charge does not appear in the CERSAI report on the filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
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.
See what the report covers Free either way: or have every new Pune registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
VRINDANAND-BAY is a Commercial project by MAKWANA AND TANMAY CONSTRUCTION in Pune, Maharashtra, registered with MahaRERA as P52100045562 on 24 May 2022. Possession is promised by 31 Mar 2027. 7 of the 12 units on this registration are recorded sold or booked, and 5 of 11 construction stages are filed complete.
At a glance
Project
- NameVRINDANAND-BAY
- TypeCommercial
- Location
- NEXT TO ICON STERLING CENTRE NEAR PAN CARD
- BANER
- Pune (M Corp.)
- Pune City
- Pune
- 411045
- Pincode411045
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100045562
- ReraGenie IDRG-MH-27631
Builder
- NameMAKWANA AND TANMAY CONSTRUCTION
- Entity typePartnership
- PartnersUTTAM RAMNIKBHAI MAKWANA, UMESH RAJENDRA BORA
- Other registrations2 more →
- Completed1 of 3
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on24 May 2022
- Promised completion31 Mar 2027
- Revised completionNone
- Buildings1 building record
- Documents filed89 files
Current status
Figures as on 4 May 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| VRINDANAND - BAY | NA | 7 | 6 | 0 | 12 | 12 |
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 4 May 2026, 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.
5 of 11 construction stages are filed complete. The stage furthest along is Staircases, at 94%.
VRINDANAND - BAY: 79% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 93% |
| Sanitary Fittings within the flats / premises | 85% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 94% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 94% |
| 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 May 2026, 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 | No | Not applicable |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | No | Not applicable |
| Storm Water Drains | No | Not applicable |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | No | Not applicable |
| Energy managemcnt | Yes | 0% |
| 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 filed2
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.
Land and ownership12
MahaRERA does not publish landowner contact details. A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.
| Landowner | Village | District |
|---|---|---|
| RAJASHREE RAJENDRA DINDE | Pune (M Corp.) | Pune |
| ROHINI YOGESH TAKATE | Pune (M Corp.) | Pune |
| SHIVMURTI RAMCHANDRA GORDE | Pune (M Corp.) | Pune |
| SURESH PANDIT WANI | Pune (M Corp.) | Pune |
| JAGANNATH SITARAM PAWAR | Pune (M Corp.) | Pune |
| PRATIBHA PRAKASH SHIRODE | Pune (M Corp.) | Pune |
| NILESH CHINTAMANI BAHALKAR | Pune (M Corp.) | Pune |
| SANJAY CHINTAMANI BAHALKAR | Pune (M Corp.) | Pune |
| SANGITA ANIL AMRUTKAR | Pune (M Corp.) | Pune |
| SHRADHA JAGANNATH PAWAR | Pune (M Corp.) | Pune |
| HANMANT DAJI HULAWAN | Pune (M Corp.) | Pune |
| REKHA HANMANT HULAWAN | Pune (M Corp.) | Pune |
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| VRINDANAND - BAY | NA | Rs 6.70 cr | Rs 6.70 cr |
Certifying professionals and partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | CUBIX ARCHITECTS ASSOCIATES |
| Engineer | UMESH BORA |
| Chartered Accountant | SAC & CO LLP |
| Chartered Accountant | PRIYANKA CHORDIYA AND ASSOCIATES |
| Partner | Role in project |
|---|---|
| MAKWANA AND TANMAY CONSTRUCTION | - |
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 12 Mar 2022 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 22 Feb 2024 - 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 Nov 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 31 Jan 2024Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot due yet
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
possession is promised for 31 Mar 2027
Documents filed89
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 89 are shown. 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 |
|---|---|
| Withdrawal Update Form 1File: arc certificate bay_310326.pdf | 4 May 2026 |
| Withdrawal Update Form 2File: form 2 bay 31032026 sign.pdf | 4 May 2026 |
| Withdrawal Update Form 3File: Form 3 AS Vridanad Bay _31032026 sign.pdf | 4 May 2026 |
| Withdrawal Update Form 1File: Form 1 bay 30092025.pdf | 14 Feb 2026 |
| Withdrawal Update Form 1File: Form 1 bay 31122025.pdf | 14 Feb 2026 |
| Withdrawal Update Form 2File: form 2 vrindanand bay 30092025.pdf | 14 Feb 2026 |
| Withdrawal Update Form 2File: Form 2 bay 31122025.pdf | 14 Feb 2026 |
| Withdrawal Update Form 3File: Form 3 AS Vridanad Bay 30092025 sign.pdf | 14 Feb 2026 |
| Withdrawal Update Form 3File: Form 3 AS Vridanad Bay 31122025 sign_compressed.pdf | 14 Feb 2026 |
| Withdrawal Update Form 1File: architect certificate bay-300625.pdf | 6 Aug 2025 |
| Withdrawal Update Form 2File: Form 2 sign.pdf | 6 Aug 2025 |
| Withdrawal Update Form 3File: Form 3 AS Vridanad Bay - 30062025 sign.pdf | 6 Aug 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: vrindanand bay architect certificate.pdf | 5 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Vrindavan Bay ca certificate.pdf | 5 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: vrindanand bay form 2.pdf | 5 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3 vrindanand bay.pdf | 23 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2 vrindanand bay.pdf | 23 Feb 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: form 5 VRINDANAND BAY.pdf | 22 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: arc certificate for vrindanand bay.pdf | 20 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: vrindanand bay architect certificate.pdf | 20 Feb 2025 |
| Disclosure of sold/ booked inventoryFile: disclosure of sold or book inventory.pdf | 20 Feb 2025 |
| Disclosure of sold/ booked inventoryFile: disclosure of sold or book inventory.pdf | 20 Feb 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: quality assuracnce engineer certificate --bay.pdf | 20 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: architect certificate vrindanand bay.pdf | 22 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: engineer certificate vrindanand bay.pdf | 22 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3 VRINDANAND-BAY.pdf | 22 Jul 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1.pdf | 23 May 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2.pdf | 23 May 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3.pdf | 23 May 2024 |
| Disclosure of sold/ booked inventoryFile: 2 Disclosure of sold_ booked inventory.pdf | 23 Feb 2024 |
| Layout approvalFile: sanction plan 1 of 5 09102023_compressed.pdf | 22 Feb 2024 |
| Copy of Layout Approval (in case of layout)File: sanction plan 1 of 5 09102023_compressed.pdf | 22 Feb 2024 |
| Layout approvalFile: 3 Copy of Layout Approval highlighted.pdf | 1 Feb 2024 |
| Copy of Layout Approval (in case of layout)File: 3 Copy of Layout Approval highlighted.pdf | 1 Feb 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: 2 Commencement Certificates _ NA Order for plotted development.pdf | 31 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: architect certificate bay311223.pdf | 31 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: engineer certificate bay 311223.pdf | 31 Jan 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure sold unsold final bay.pdf | 31 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3 VRINDANAND BAY 31122023 both sign_compressed.pdf | 25 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3 Vrindanand Bay 30092023 both signed_compressed.pdf | 18 Jan 2024 |
| Layout approvalFile: Final Sanction_Layout.pdf | 9 Jan 2024 |
| Layout approvalFile: Final Sanction_Floor Plan 1-7.pdf | 9 Jan 2024 |
| Copy of Layout Approval (in case of layout)File: Final Sanction_Layout.pdf | 9 Jan 2024 |
| Copy of Layout Approval (in case of layout)File: Final Sanction_Floor Plan 1-7.pdf | 9 Jan 2024 |
| Deviation Report with respect to model copy of AgreementFile: COMMERCIAL AGREEMENT OF SALE.pdf | 13 Dec 2023 |
| Deviation Report with respect to model copy of AgreementFile: Deviation Report Agreement Sale-Bay.pdf | 13 Dec 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: engineer certificate bay.pdf | 12 Dec 2023 |
| Proforma of Agreement for saleFile: COMMERCIAL AGREEMENT OF SALE.pdf | 12 Dec 2023 |
| Disclosure of sold/ booked inventoryFile: sold unsold vrindanand bay.pdf | 10 Dec 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: vrindanand bay engineer certificate form 2A.pdf | 30 Nov 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of Interest.pdf | 30 Nov 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: vrindanand bay bank account.pdf | 30 Nov 2023 |
| Deviation Report with respect to Allotment letterFile: deviation report vrindanand bay.pdf | 30 Nov 2023 |
| Layout approvalFile: Final Sanction_Layout.pdf | 26 Nov 2023 |
| Building plan approvalFile: Final Sanction_Section.pdf | 26 Nov 2023 |
| Copy of Layout Approval (in case of layout)File: Final Sanction_Layout.pdf | 26 Nov 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Final Sanction_Section.pdf | 26 Nov 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: commicement certificate baner.pdf | 26 Nov 2023 |
| Declaration about Commencement CertificateFile: declaration of cc for bay.pdf | 26 Nov 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: architect certificate VIRNDAVAN BAY.pdf | 26 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate-BAY.pdf | 26 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: ca certificate vrindanand bay.pdf | 26 Nov 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: form 5 VRINDANAND-BAY 30-03-2023 both sign (1).pdf | 26 Nov 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: engineer certificate bay.pdf | 20 Jul 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3-Makhwana-Vrindanand Bay -both sign_compressed.pdf | 20 Jul 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: arc certificate vrindanand bay_compressed.pdf | 20 May 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: vrindanand bay-engineer certificate.pdf | 20 May 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 VRINDANAND-BAY.pdf | 20 May 2023 |
| Details of encumbrances concerned to FinanceFile: ENCUMBRANCE MERGED BAY.pdf | 28 Feb 2023 |
| Details of encumbrances concerned to LegalFile: ENCUMBRANCE MERGED BAY.pdf | 28 Feb 2023 |
| Declaration in FORM BFile: form b notarised bay.pdf | 28 Feb 2023 |
| CERSAI detailsFile: CERSAI_Acknowledgemnt_Report_IMMOVABLE - Project Vrindanand Bay _30_01_2023.pdf | 28 Feb 2023 |
| Proforma of Allotment letterFile: allotment letter for bay_compressed.pdf | 28 Feb 2023 |
| Declaration in FORM BFile: FORM B DECLARATION.pdf | 17 Apr 2022 |
| Proforma of Allotment letterFile: Allotment Letter Performa.pdf | 17 Apr 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: ca certificate baner bay-compressed.pdf | 22 Mar 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER CERTIFICATE BANER BAY.pdf | 21 Mar 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: engineer bay_compressed.pdf | 21 Mar 2022 |
| Layout approvalFile: Sanctioned Layout.pdf | 12 Mar 2022 |
| Building plan approvalFile: Sanctioned Plan.pdf | 12 Mar 2022 |
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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
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- All 89 filed documents as one ZIP, foldered, with a manifest
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Filed coordinates, straight-line distance. 401 registered projects within 2 km.
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Builder: MAKWANA AND TANMAY CONSTRUCTION
MAKWANA AND TANMAY CONSTRUCTION has 3 registrations on MahaRERA, including VRINDANAND ELITE and VRINDANAND-BLISS. 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 VRINDANAND-BAY is delayed beyond 31 Mar 2027?
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 VRINDANAND-BAY?
The registered promoter entity is MAKWANA AND TANMAY CONSTRUCTION, 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 VRINDANAND-BAY?
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 VRINDANAND-BAY?
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 VRINDANAND-BAY?
The professionals named in the filing: Architect: CUBIX ARCHITECTS ASSOCIATES; Engineer: UMESH BORA; Chartered Accountant: SAC & CO LLP; Chartered Accountant: PRIYANKA CHORDIYA 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 VRINDANAND-BAY?
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.
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