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Detailed Report

Shantais Divine Vastu

P52100054227 · MahaRERA · https://gethorizon.in/projects/shantais-divine-vastu-punawale-mulshi-6w0aefu7

01

Complete project overview

MahaRERA · Registration filing
Units
73 units
Floors
8
Buildings
2
Parking
112 spaces
Land area
1,175 sq m
Sanctioned built-up
3,559 sq m

Timeline

RERA registeredJan 2024
Proposed completionDec 2025
TodaySep 2026
Construction progress
Open Parking0%
OC-readiness50%
Electrical meter r…50%
External finishes60%
Energy managemcnt60%
Fire protection an…60%
Stairs & lifts70%
Street Lighting70%
Water conservation…70%
Flat fit-out80%
Landscaping & Tree…80%
Internal finishes90%
Storm Water Drains90%
Excavation100%
Basement (if any)100%
Podiums100%
Plinth100%
Stilt floor100%
Superstructure100%
Water Supply100%
Per-activity completion % as filed with MahaRERA, shown for in-progress projects — a snapshot, not a live tracker.
02

Builder’s track record

MahaRERA · Builder registration

Mahalaxmi Developers

PartnershipPromoter type
Pune, MAHARASHTRABased in
24Projects
21Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
618 homes · 181 plotson the public record across 24 projects
43,686 sq mbuilt-up filed
8,100 sq mplotted area
36,678 sq mland declared
₹66.74 Crdeclared build cost

Build cost is what the builder declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Planning authoritiesthis builder's portfolio, by approving body
Pimpri Chinchwad Municipal CorporationMunicipal Corporationthis project2 of 13 projects
Surat Municipal CorporationMunicipal / Corporation2 of 13 projects
Ahmedabad Municipal CorporationMunicipal / Corporation1 of 13 projects
ChhindwaraTown & Country Planning (DTCP)1 of 13 projects
Junagadh Urban Development AuthorityUrban Development Authority1 of 13 projects
Local Planning AuthorityTown & Country Planning (DTCP)1 of 13 projects
Maharashtra State Road Development Corporation Limited1 of 13 projects
Nagpur Metropolitan Region Development AuthorityMetropolitan Development Authority1 of 13 projects
Town Planning Pune1 of 13 projects
UjjainTown & Country Planning (DTCP)1 of 13 projects
Vadodara Municipal CorporationMunicipal / Corporation1 of 13 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.

More from Mahalaxmi Developers— the full portfolio →

03

Location

MahaRERA · Registration filing
≈ area only · geocoded, verified but not exact · 18.6309, 73.7378 · © OpenStreetMap contributors
Village
Punawale
Taluka
Mulshi
District
Pune
Pincode
411033
Survey no.
Sr No 35/1/3 and 35/1/5 P
North boundary
Part of Survey No 35
East boundary
Survey No 35 Part
South boundary
Road
West boundary
Survey No 36
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 481m away · Clinic within 2km · Pharmacy within 1km
LifestyleNo parks within 2km · 5 restaurants and cafes within 1km
ShoppingSupermarket 638m away
Getting around
Expressway 426 m · Katraj - Dehu Road BypassPrimary road 466 m · Service RoadRailway line 3.4 km · Mumbai–Pune RailwayRailway station 3.4km away (Akurdi Railway Station)Limited bus connectivity nearby
Water & environment
River 1.3 km · Pavana RiverWater body 1.6 km
distances only — not a flood assessment
04

Government Guidance Rate

Maharashtra IGR — Annual Statement of Rates

In Maharashtra it’s called the ready reckoner rate.

₹55,795per sq yd
₹66,730per sq m
Which rate
residential flat (built)
Matched to
The rate published for the village of “Punawale”.
In force
2026-2027 schedule
Spread
₹30,134₹63,872 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 village, and says so above. How Horizon decides what to show.
05

Planning authority

MahaRERA · Approved building plan

Pimpri Chinchwad Municipal Corporation

Municipal Corporation
Building Permit
Survey no. Sr No 35/1/3 and 35/1/5 P

The promised possession date (31 Dec 2025) 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

Pimpri Chinchwad Municipal Corporation

Municipal corporation

Has approved 1,391 RERA projectsabout 1 in 14 in Maharashtra.

an apartments market99% apartments · 1% plotted layouts. Apartments like yours are this body's core business.

Builders
1,080
On record
9,009 flats · 249 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.

See every project approved by MahaRERA

07

Other projects nearby

The register · within 25 km

2,939 residential projects still under way within 25 km. Step out ring by ring:

47 projects within 1 km — showing the nearest 6.

PunawaleOthers

INFINITY WORLD

TULIP DEVELOPERS

Jun 2019registered
Dec 2026target completion
Government Guidance Rate₹55,795/sq ydScale327 flatsAuthorityMahaRERA
PunawaleResidential / Group Housing

INFINITY WORLD

TULIP DEVELOPERS

Oct 2021registered
Jun 2026target completion
Government Guidance Rate₹55,795/sq ydScale27 flatsAuthorityMahaRERA
PunawaleResidential / Group Housing

K SHIRE WING A,B,C,D

Unique Spaces LLP

Jun 2022registered
Jun 2027target completion
Government Guidance Rate₹55,795/sq ydScale472 flatsAuthorityMahaRERA
PunawaleResidential / Group Housing

K SHIRE PHASE 2

Unique Spaces LLP

May 2023registered
Dec 2027target completion
Government Guidance Rate₹55,795/sq ydScale397 flatsAuthorityMahaRERA
PunawaleOthers

BASIL MAXIMUS WING D AND E

BASIL AVANTE LLP

Jun 2023registered
Dec 2027target completion
Government Guidance Rate₹55,795/sq ydScale305 flatsAuthorityMahaRERA
PunawaleResidential / Group Housing

K SHIRE PHASE 3

Unique Spaces LLP

Jan 2025registered
Dec 2029target completion
Government Guidance Rate₹55,795/sq ydScale449 flatsAuthorityMahaRERA

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.

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.

  1. 01Complete project overview
    • The project's registration filing with MahaRERA, as the builder submitted it.
  2. 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.
  3. 03Location
    • Address and pincode: the MahaRERA filing.
    • Coordinates: geocoded by Horizon from the filed address with Google Geocoding, matched to the general area only, not the exact site.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Government Guidance Rate
    • Maharashtra IGR — Annual Statement of Rates.
  5. 05Planning authority
    • MahaRERA: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  6. 06Complaints & litigation
    • MahaRERA's public record lists no complaints or litigation for this project.
  7. 07Other 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/shantais-divine-vastu-punawale-mulshi-6w0aefu7.

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.