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De-registered No litigation declared Residential / Group Housing project

WINDS OF JOY PROJECT B

By Pegasus Properties Pvt. Ltd.

RG-MH-91336 · RERA P52100054608 · Last updated on MahaRERA portal: 27 Jun 2024

Source: official MahaRERA filing

Red flags

  • De-registered

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form

1 condition is 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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Oct 2028Possession promisedno revision filed
0 of 33Construction stages doneacross 3 buildings; furthest along: Excavation, 0%
0Complaints at MahaRERAon this registration
Jump to the 56 documents Report an error

WINDS OF JOY PROJECT B is a Residential / Group Housing project by Pegasus Properties Pvt. Ltd. in Pune, Maharashtra, registered with MahaRERA as P52100054608 on 31 Jan 2024. Possession is promised by 15 Oct 2028.

At a glance

Project

  • NameWINDS OF JOY PROJECT B
  • TypeResidential / Group Housing
  • Location
    • MIDC Road
    • Rajiv Gandhi InfoTech Park - Phase 3
    • Hinjavadi (CT)
    • Mulshi
    • Pune
    • 411057
  • Pincode411057
  • RERA no.P52100054608
  • ReraGenie IDRG-MH-91336

Builder

  • NamePegasus Properties Pvt. Ltd.
  • Entity typeCompany
  • CINU70102PN2007FTC129540
  • CIN is from this promoter's other MahaRERA registrations. This project's own filing does not repeat it.
  • Managing DirectorManoj Praveenchandra Shah
  • DirectorYogesh Yashwant Bhave
  • Other registrations16 more →
  • Completed13 of 17
  • No longer live2 lapsed, de-registered or revoked
  • Declared earlier projects13 →

Key dates

this monthRegisteredJan 2024PromisedOct 2028

Key facts

Registration and timeline

  • StatusDe-registered
  • Registered on31 Jan 2024
  • Promised completion15 Oct 2028
  • Revised completionNone
  • Buildings3 building records
  • Documents filed56 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
GWOJ - TYPE 5NA350000
GWOJ - TYPE 6NA360000
GWOJ - TYPE 7NA360000

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 building3

As on 27 Jun 2024, 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 33 construction stages are filed complete across 3 buildings. The stage furthest along is Excavation, at 0%.

GWOJ - TYPE 50%
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%
GWOJ - TYPE 60%
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%
GWOJ - TYPE 70%
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 27 Jun 2024, 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 & FootpathsYes0%
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingYes0%
Community BuildingsYes0%
Treatment And Disposal Of Sewage And Sullage WaterYes0%
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes0%
Energy managemcntYes0%
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceYes0%
Open ParkingYes0%

Parking filed640

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 slots640
Closed/Covered640
BuildingClosed/CoveredTotal
GWOJ - TYPE 5236236
GWOJ - TYPE 6186186
GWOJ - TYPE 7218218

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 area8,577 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI49904.08
Proposed, not sanctioned49,904 sq m
Buildings approved3
Buildings sanctioned3

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 branchKP housing Society East Street Camp Pune

Certifying professionals and partners3

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

RoleName
ArchitectAnil Madhusudan Kulkarni
EngineerSuneel Kulkarni
Chartered AccountantSupriya Abhijit Mundada
PartnerRole in project
Pegasus Properties Pvt. Ltd.-

Litigation declared1

CaseCourtStatus
691/2022Civil Judge Senior Division PunePending

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 4 Jan 2024
  2. Layout approvalOn the file

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

    uploaded 12 Dec 2023
  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 4 Jan 2024
  4. Commencement CertificateOn the file

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

    uploaded 3 Nov 2023Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 15 Oct 2028

Documents filed56

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
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Achitect Certificate_R1.pdf27 Jun 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate_R1.pdf27 Jun 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: 5_Form 2A_R1.pdf27 Jun 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf20 Apr 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf20 Apr 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: 5_Form 2A.pdf20 Apr 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate.pdf20 Apr 2024
Home Buyer /Allottee Grievance Redressal CellFile: 240302_Decl about Grievance Redressal Cell.pdf11 Mar 2024
Other - TechnicalFile: 240124_Declaration of CC_R2.pdf24 Jan 2024
Building plan approvalFile: 240104_Parking Plan.pdf4 Jan 2024
Copy of the legal title reportFile: 240104_Legal Title Report_Format A.pdf4 Jan 2024
Copy of the legal title reportFile: 2_Legal Title Report_1.pdf4 Jan 2024
Copy of the legal title reportFile: 2_Legal Title Report_2.pdf4 Jan 2024
Copy of the legal title reportFile: 2_Legal Title Report_3.pdf4 Jan 2024
Copy of the legal title reportFile: 2_Legal Title Report_4.pdf4 Jan 2024
Copy of the legal title reportFile: 2_Legal Title Report_5.pdf4 Jan 2024
Copy of the legal title reportFile: 21_Lease Deed.pdf4 Jan 2024
Copy of the legal title reportFile: 231212_Correction Lease Deed.pdf4 Jan 2024
Building Plan Approval / NA Order for plotted developmentFile: 240104_Parking Plan.pdf4 Jan 2024
Declaration about Commencement CertificateFile: 240104_Declaration about CC_R1.pdf4 Jan 2024
Other - TechnicalFile: 240104_Declaration_13th Floor.pdf4 Jan 2024
Building plan approvalFile: 231212_Building Plan_T6.pdf12 Dec 2023
Building plan approvalFile: 231212_T6_Sec Ele.pdf12 Dec 2023
Building plan approvalFile: 231212_Building Plan_T7.pdf12 Dec 2023
Building plan approvalFile: 231212_T7_Sec Ele.pdf12 Dec 2023
Building plan approvalFile: 231212_Building Plan_T5.pdf12 Dec 2023
Building plan approvalFile: 231212_Building Plan_T5_2.pdf12 Dec 2023
Building plan approvalFile: 231212_T5_Sec Ele.pdf12 Dec 2023
Layout approvalFile: 231212_Layout.pdf12 Dec 2023
Copy of Layout Approval (in case of layout)File: 231212_Layout.pdf12 Dec 2023
Building Plan Approval / NA Order for plotted developmentFile: 231212_Building Plan_T6.pdf12 Dec 2023
Building Plan Approval / NA Order for plotted developmentFile: 231212_T6_Sec Ele.pdf12 Dec 2023
Building Plan Approval / NA Order for plotted developmentFile: 231212_Building Plan_T7.pdf12 Dec 2023
Building Plan Approval / NA Order for plotted developmentFile: 231212_T7_Sec Ele.pdf12 Dec 2023
Building Plan Approval / NA Order for plotted developmentFile: 231212_Building Plan_T5.pdf12 Dec 2023
Building Plan Approval / NA Order for plotted developmentFile: 231212_Building Plan_T5_2.pdf12 Dec 2023
Building Plan Approval / NA Order for plotted developmentFile: 231212_T5_Sec Ele.pdf12 Dec 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 8_CA Certificate.pdf9 Nov 2023
PAN CardFile: 1_Pan Card.pdf3 Nov 2023
Details of encumbrances concerned to FinanceFile: 3_Encumbrance Certificate_F.pdf3 Nov 2023
Details of encumbrances concerned to FinanceFile: 3_Encumbrance Certificate_L.pdf3 Nov 2023
Details of encumbrances concerned to LegalFile: 3_Encumbrance Certificate_F.pdf3 Nov 2023
Details of encumbrances concerned to LegalFile: 3_Encumbrance Certificate_L.pdf3 Nov 2023
Commencement Certificates / NA Order for plotted developmentFile: 11_Sanction Letter.pdf3 Nov 2023
Declaration in FORM BFile: 6_Form B_Declaration.pdf3 Nov 2023
CERSAI detailsFile: 15_CERSAI_Declaration.pdf3 Nov 2023
CERSAI detailsFile: 15_CERSAI Report.pdf3 Nov 2023
Disclosure of Interest in Other Real Estate OrganizationsFile: 19_DIN_YB.pdf3 Nov 2023
Disclosure of Interest in Other Real Estate OrganizationsFile: 19_DIN_MS.pdf3 Nov 2023
Proforma of Agreement for saleFile: 5_AFS.pdf3 Nov 2023
Proforma of Allotment letterFile: 5_AL.pdf3 Nov 2023
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: 18_Declaration_Bank Account.pdf3 Nov 2023
Deviation Report with respect to Allotment letterFile: 16_Deviation Report_AL.pdf3 Nov 2023
Deviation Report with respect to model copy of AgreementFile: 17_Deviation Report_AFS.pdf3 Nov 2023
Other - LegalFile: 21_Lease Deed.pdf3 Nov 2023
Other - TechnicalFile: 20_Layout.pdf3 Nov 2023

Promoter's earlier projects13

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.

10 delivered on promise3 delivered late
ProjectLocationFlatsStatusPromisedDelivered
Megapolis Saffron - ShopsHinjewadi33CompletedDec 2024Apr 2024
Megapolis Saffron -A3 to A9Hinjewadi380CompletedJun 2024May 2024
Megapolis Springs - AHinjewadi52CompletedMar 2024Oct 2023
Megapolis Springs - B and FHinjewadi156CompletedMar 2023Nov 2022
Megapolis Springs - CHinjewadi52CompletedMay 2022Sep 2021
Megapolis springs - D and EHinjewadi156CompletedApr 2022Sep 2021
Megapolis Symphony Phase IHinjewadi294CompletedJan 2022Sep 2020
Megapolis Mystic Phase IIHinjewadi214CompletedMar 2020Jun 2019
Megapolis Mystic - CHinjewadi86CompletedDec 2019Nov 2019
SangriaHinjewadi1,075CompletedOct 2015Feb 2015
SplendorHinjewadi1,176CompletedMar 2015Late, Nov 2015
SunwayHinjewadi1,176CompletedJul 2013Late, May 2014
SparkletHinjewadi1,184CompletedMar 2013Late, Apr 2013

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 among them

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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Other projects near Rajiv Gandhi InfoTech Park - Phase 313,700+ in Pune

Builder: Pegasus Properties Pvt. Ltd.

Pegasus Properties Pvt. Ltd. has 17 registrations on MahaRERA, including Megapolis Symphony Phase I and Megapolis Mystic Phase 2. Its filings disclose 13 earlier MahaRERA projects: declares 10 of 13 past projects completed on time. Litigation is declared on 4 of its registrations. Read the full track record. See more projects on the Pune district page.

Frequently asked questions

What does it mean that WINDS OF JOY PROJECT B shows as de-registered 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 WINDS OF JOY PROJECT B is delayed beyond 15 Oct 2028?

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 WINDS OF JOY PROJECT B?

The registered promoter entity is Pegasus Properties Pvt. Ltd., a company as per the filing. Its CIN U70102PN2007FTC129540 can be cross-checked on the MCA and GST portals. 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 WINDS OF JOY PROJECT B?

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 WINDS OF JOY PROJECT B?

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 WINDS OF JOY PROJECT B?

The professionals named in the filing: Architect: Anil Madhusudan Kulkarni; Engineer: Suneel Kulkarni; Chartered Accountant: Supriya Abhijit Mundada. 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 WINDS OF JOY PROJECT B?

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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