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Waterfall Street 38 LCL 0016
RG-MH-26055 · RERA P52100013821 · Last updated on MahaRERA portal: 26 Sep 2017
Source: official MahaRERA filing
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Red flags
- Registration lapsed
- Possession 58 months past the filed date
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.
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Waterfall Street 38 LCL 0016 is a Residential / Group Housing project by Lavasa Corporation Ltd in Pune, Maharashtra, registered with MahaRERA as P52100013821 on 27 Oct 2017. Possession was promised by 30 Dec 2021 and is now 58 months past that date.
At a glance
Project
- NameWaterfall Street 38 LCL 0016
- TypeResidential / Group Housing
- Location
- Dasave
- Mulshi
- Pune
- 412112
- Pincode412112
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100013821
- ReraGenie IDRG-MH-26055
Key dates
Key facts
Registration and timeline
- StatusRegistration lapsed
- Registered on27 Oct 2017
- Promised completion30 Dec 2021
- Revised completionNone
- Buildings1 building record
- Documents filed18 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Waterfall Street 38 | NA | 2 | 0 | 0 | 0 | 0 |
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 26 Sep 2017, 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.
0 of 11 construction stages are filed complete. The stage furthest along is Excavation, at 80%.
Waterfall Street 38: 39% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 80% |
| Basement (if any) | 75% |
| Podiums (if any) | 0% |
| Plinth | 75% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 80% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 18% |
| Sanitary Fittings within the flats / premises | 2% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 80% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 10% |
| 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. | 9% |
Progress on shared amenities15
As on 26 Sep 2017, 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) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| 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 | Yes | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 0% |
Parking filed1
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 ownership
MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
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.
Certifying professionals and partners1
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Design PLace |
| Partner | Role in project |
|---|---|
| Lavasa Corporation Ltd | - |
Litigation declared13
| Case | Court | Status |
|---|---|---|
| 1225/2013 | Civil Judge Junior Division Pune | Society Emcumbrance |
| 2 of 2009/2009 | High Court Bombay | Hearing |
| 129 of 2014/2010 | High Court Bombay | Hearing |
| 109 of 2013/2013 | High Court Bombay | Hearing |
| 9 of 2012/2012 | NGT Pune | Hearing |
| 36 of 2011/2011 | NGT Pune | Hearing |
| CP No 902/2015/2015 | High Court Bombay | For Admission |
| CP No 368 / 2016/2016 | High Court Bombay | For Admission |
| CP No330/2016/2016 | High Court Bombay | For Admission |
| CP No501/2016/2016 | High Court Bombay | For Admission |
| CPL /725/2016/2016 | High Court Bombay | For Admission |
| TCP/408/2017, CP/1462/2017, CP 1586/2017/2017 | NCLT Mumbai | For Admission |
| OA No18 of 2017/2017 | DRT Mumbai | Hearing |
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 26 Sep 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 26 Sep 2017 - 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 Sep 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 26 Sep 2017Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot on 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.
Documents filed18
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.
| Document | Uploaded |
|---|---|
| Layout approvalFile: Dasve1.pdf | 26 Sep 2017 |
| Building plan approvalFile: 1.pdf | 26 Sep 2017 |
| Building plan approvalFile: 2.pdf | 26 Sep 2017 |
| Building plan approvalFile: 3.PDF | 26 Sep 2017 |
| PAN CardFile: Lavasa Pan Card No.pdf | 26 Sep 2017 |
| Copy of the legal title reportFile: TC 0016.pdf | 26 Sep 2017 |
| Details of encumbrancesFile: LCL 0016.pdf | 26 Sep 2017 |
| Copy of Layout Approval (in case of layout)File: Dasve1.pdf | 26 Sep 2017 |
| Building Plan Approval (IOD)File: 1.pdf | 26 Sep 2017 |
| Building Plan Approval (IOD)File: 2.pdf | 26 Sep 2017 |
| Building Plan Approval (IOD)File: 3.PDF | 26 Sep 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate-23.PDF | 26 Sep 2017 |
| Declaration in FORM BFile: Form B 0016 Affidavit.PDF | 26 Sep 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: AC 0016.pdf | 26 Sep 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: EC 0016.pdf | 26 Sep 2017 |
| Certificates of CA (Form 3)File: CA 0016.pdf | 26 Sep 2017 |
| Proforma of Allotment letterFile: Agr to Lease of Lot and the Villa.pdf | 26 Sep 2017 |
| Proforma of Allotment letterFile: Allotment Letter.pdf | 26 Sep 2017 |
Promoter's earlier projects7
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.
| Project | Location | Flats | Status | Promised | Delivered |
|---|---|---|---|---|---|
| Starter Homes 1 - 7 | Portofino Street | 70 | Completed | Oct 2012 | Late, Jan 2016 |
| Starter Homes 1 - 7 | Portofino Street | 70 | Completed | Oct 2012 | Late, Jan 2016 |
| Villas | Dasve | 427 | Completed | Feb 2012 | Late, May 2015 |
| LakeView 1 - 4 | Portofino Street | 170 | Completed | Jan 2012 | Late, Sep 2016 |
| Portofino E- I | Portofino Street | 289 | Completed | May 2011 | Late, Nov 2012 |
| Portofino B - D | Portofino Street | 91 | Completed | Mar 2011 | Sep 2010 |
| Plots | Dasve | - | Completed | Oct 2008 | Late, Dec 2008 |
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How this compares with Pune
Computed across the 13,700+ Pune projects on ReraGenie, from their own filings.
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 30 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 18 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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Other projects near Dasave13,700+ in Pune
Filed coordinates, straight-line distance. 8 registered projects within 2 km.
Belshore 1,2,3,4,5,6,7,8,9,10 LCL - 0009
Lavasa Corporation Ltd
Belshore 11,12,13,14,15,16,17,18 LCL - 0010
Lavasa Corporation Ltd
Brookview 1,2,3,4,5 LCL 0001
Lavasa Corporation Ltd
Centrino LCL0002
Lavasa Corporation Ltd
Club View 1,2,3,9,10,11 LCL 0003
Lavasa Corporation Ltd
Club View 12, 13 - LCL0005
Lavasa Corporation Ltd
Builder: Lavasa Corporation Ltd
Lavasa Corporation Ltd has 31 registrations on MahaRERA, including Club View 4,5,6 and Club View 12, 13 - LCL0005. Its filings disclose 6 earlier MahaRERA projects: declares 1 of 6 past projects completed on time. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What does it mean that Waterfall Street 38 LCL 0016 shows as registration lapsed on MahaRERA?
A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.
What are my rights if Waterfall Street 38 LCL 0016 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 Waterfall Street 38 LCL 0016?
The registered promoter entity is Lavasa Corporation Ltd, a company 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 Waterfall Street 38 LCL 0016?
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 Waterfall Street 38 LCL 0016?
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 Waterfall Street 38 LCL 0016?
The professionals named in the filing: Architect: Design PLace. 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 Waterfall Street 38 LCL 0016?
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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