380 m awayOthers
Godrej Hill Retreat 2
MAHALUNGE TOWNSHIP DEVELOPERS PRIVATE LIMITED · Mahalunge · Mulshi
Feb 2023registered
Mar 2027target completion
⚠ 2 open complaintsGovernment Guidance Rate₹62,300/sq ydScale575 flatsAuthorityMahaRERA
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Detailed ReportSaarrthi Skybay II
This project’s MahaRERA registration has lapsed— it expired and was not renewed. A lapsed project may be stalled, finished-but-not-updated, or abandoned; the record stops here and RERA’s ongoing protections may no longer apply. Confirm the current status directly with MahaRERA before you rely on anything below.
01
Complete project overview
MahaRERA · Registration filing- Project name
- Saarrthi Skybay II
- Units
- 317 units
- Floors
- 24
- Buildings
- 4
- Parking
- 2 spaces
- Land area
- 1,860 sq m
- Sanctioned built-up
- 13,566 sq m
- Recreational open space
- 3,492 sq m
Timeline
RERA registeredApr 2018
Proposed completionDec 2022
TodaySep 2026
02
Builder’s track record
MahaRERA · Builder registrationSiddharth Properties
PartnershipPromoter type
Pune, MAHARASHTRABased in
9Projects
3Cities
2017–2026Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
1,939 homeson the public record across 9 projects
1,03,511 sq mbuilt-up filed
16,885 sq mland declared
These are sums of what the builder has put on the public record across their projects — a sense of how big a builder this is, not build quality and not whether they finish on time.
Planning authoritiesthis builder's portfolio, by approving body
Pune Metropolitan Region Development AuthorityMetropolitan Development Authoritythis project4 of 6 projects
Pune Municipal CorporationMunicipal Corporation2 of 6 projects
Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.
Every project Horizon has read from this builder, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.
03
Location
MahaRERA · Registration filing- This project
- 150 new projects last year
- 1,825 nearby projects
- Village
- Pune (M Corp.)
- Taluka
- Pune City
- District
- Pune
- Pincode
- 411045
- Survey no.
- 60/1 Mahalunge
- North boundary
- part of S no 4
- East boundary
- 30 meter RP road
- South boundary
- Skybay future building
- West boundary
- Part of Survey no 60
What’s nearby
SchoolsNo schools within 2km · College or university 2.0km away · Library 1.4km away
HealthcareHospital 1.8km away · Clinic within 2km
LifestylePark 1.8km away · Gym or sports centre 1.9km away · Swimming pool within 2km
ShoppingSupermarket 1.9km away · Mall 2.0km away · Bank 290m away
Getting around
Expressway 859 mPrimary road 826 m · Hinjawadi Service RoadMetro station 798m away (Balewadi Stadium)2 bus stops within 500m
Water & environment
River 391 m · MulaWater body 569 m
distances only — not a flood assessment04
Satellite view of the site
Google Open Buildings, 2016–2023 · Sentinel-2 imageryOpen ground within ~24 m of the recorded location until 2018; a building is first visible in 2019 and is about 16 m tall by 2023.
Satellite view, year by year
loading 2023…
Height estimated by a model from satellite imagery — not a survey, and the series ends in 2023. The dashed shape is within ~24 m of the filed location.
Satellite photographs of the same ground
Sentinel-2, 10 m per pixel — about 400 m of ground across. Each frame is one dry-season day, so haze can dull a site.
How to read this
- A building is first visible in 2019.
- This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
- Site is a ~24 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.
Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026
05
Government Guidance Rate
Maharashtra IGR — Annual Statement of RatesIn Maharashtra it’s called the ready reckoner rate.
₹58,077per sq yd
₹69,460per sq m
- Which rate
- residential flat (built)
- Matched to
- The middle rate across the 103 divisions of “Pune (M Corp.)” — the city's middle, not this project's own division.
- In force
- 2026-2027 schedule
- Spread
- ₹27,183 – ₹1,50,076 per sq yd across the places it was taken over
What this number is — and isn’t
- The minimum value Maharashtra’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
- Not a market price. Sales normally register above it, and how far above varies by place and by project.
- Its fit depends on the grain the state publishes at. This one is matched at the level of city, and says so above. How Horizon decides what to show.
06
Planning authority
MahaRERA · Approved building planBuilding Permit
Survey no. 60/1 Mahalunge
The promised possession date (30 Dec 2022) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.
The occupancy certificate — the proof that isn’t here
An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.
The approving body, at scale
Pune Metropolitan Region Development Authority
Metropolitan / development authorityHas approved 1,013 RERA projects — about 1 in 20 in Maharashtra.
an apartments market — 87% apartments · 13% plotted layouts. Apartments like yours are this body's core business.
- Builders
- 604
- On record
- 21,940 flats · 10,299 plots
- Reach
- 2 districts
- Since
- 2017
Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.
07
Complaints & litigation
MahaRERA · public recordComplaints before MahaRERA
6 complaints · 6 disposed · 0 open
A disposed complaint may have been resolved for or against the builder, and only disputes escalated to MahaRERA appear here at all.
| Number | Date | Status | |
|---|---|---|---|
| CC12601337 | 11 Mar 2026 | Order Approveddisposed | |
| CC12503618 | 11 Oct 2025 | Order Approveddisposed | |
| CC005000000370988 | 1 Jun 2024 | Order Approveddisposed | |
| CC005000000370996 | 1 Jun 2024 | Order Approveddisposed | |
| CC005000000064905 | 15 Nov 2022 | Order Approveddisposed |
Show 1 more
| Number | Date | Status | |
|---|---|---|---|
| CC005000000177808 | 15 Nov 2022 | Order Approveddisposed |
Orders said not to be complied with
1 order
Each number is the complaint whose order an application says wasn't complied with; the date is when the application was filed. An application is an allegation, not a finding.
| Number | Date | |
|---|---|---|
| CC005000000370988 | 24 Nov 2025 |
Court cases, as declared
Declared by the builder1 case · 1 disposed · 0 open
| Number | Forum | Date | Status | |
|---|---|---|---|---|
| RCS/1757 | Civil Judge Junior Division Pune · Pune | 2022 | Closed |
What the builder declared
Declared to MahaRERA- Encumbrance
- Declared financial encumbrance on the projectworth checking
The builder's own declaration at registration — not a court's or MahaRERA's finding. A flagged line is worth checking with MahaRERA.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with MahaRERA, or that this register doesn’t publish it — never that nothing happened.
08
Other projects nearby
The register · within 25 km3,245 residential projects still under way within 25 km. Step out ring by ring:
Of the 1,825 projects the radar draws within 6 km — every kind, every stage — 568 are residential projects still under way. This list keeps only those, and looks further out.
8 projects within 1 km — showing the nearest 6.
380 m awayOthers
Itrend Futura
Highpoint Landmark LLP · Mahalunge · Mulshi
Apr 2023registered
Dec 2028target completion
Government Guidance Rate₹62,300/sq ydScale1,330 flatsAuthorityMahaRERA
380 m awayOthers
SAARRTHI SKYBIZZ
Siddharth Properties · Mahalunge · Mulshi
Feb 2024registered
Mar 2026target completion
Government Guidance Rate₹62,300/sq ydScale263 flatsAuthorityMahaRERA
410 m awayMixed
SKYLINES
SHEDGE BROTHERS REALTY · Mahalunge · Mulshi
Sep 2026registered
Nov 2029target completion
Government Guidance Rate₹62,300/sq ydScale53 flatsAuthorityMahaRERA
440 m awayResidential / Group Housing
45 Shashwat Urbano
M/s. Shashwat Realty · Mahalunge · Mulshi
Oct 2024registered
Jun 2027target completion
Government Guidance Rate₹62,300/sq ydScale172 flatsAuthorityMahaRERA
540 m awayResidential / Group Housing
Godrej Hillside 3
Mahalunge Township Developers Private Limited · Mahalunge · Mulshi
May 2023registered
Feb 2028target completion
Government Guidance Rate₹62,300/sq ydScale493 flatsAuthorityMahaRERA
Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.
What this record cannot tell you
- Build quality — no filing records how well it was actually built.
- Private disputes — only complaints escalated to the authority appear here.
- What it will be worth — the record is the past; it does not price the future.
Sources
Where each section of this report comes from.
- 01Complete project overview
- The project's registration filing with MahaRERA, as the builder submitted it.
- 02Builder's track record
- MahaRERA: the builder's registration.
- The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
- 03Location
- Address and pincode: the MahaRERA filing.
- Coordinates: as filed with MahaRERA.
- What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
- The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
- Map: © OpenStreetMap contributors (ODbL).
- 04Satellite view of the site
- Building footprint and height by year: Google Open Buildings 2.5D Temporal (CC BY 4.0), a model estimate of building presence and height from satellite imagery.
- Photographs: Copernicus Sentinel-2 imagery (contains modified Copernicus Sentinel data 2017–2026).
- 05Government Guidance Rate
- Maharashtra IGR — Annual Statement of Rates.
- 06Planning authority
- MahaRERA: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
- 07Complaints & litigation
- Complaints before MahaRERA.
- Orders said not to be complied with: MahaRERA's own register.
- Court cases, as declared by the builder, in its MahaRERA filing.
- 08Other projects nearby
- The RERA-registered projects Horizon holds within 25 km of these coordinates.
Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/saarrthi-skybay-ii-pune-m-corp-pune-city-sgb1jpob.
Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.