Project RERA record · Pune

Silicon BAY Phase III

by Karan Janhavi Development Coroporation · MahaRERA P52100032163 · Certificate Signed · declared completion Jul 2024

No adverse MahaRERA flags

Registered with MahaRERA — no adverse flag on its public lists. Pune · NEAR NYATI MEDOWS

Silicon BAY Phase III is registered with MahaRERA and carries no adverse flag on the regulator's public lists — no insolvency (NCLT), deregistration, suspension, completion lapse or quarterly-progress-report default. The promoter's declared completion date (Jul 2024) has passed. MahaRERA's public register does not publish occupancy/completion certificates, so it cannot confirm whether the project is delivered — this is not a delay flag (it may have completed, obtained an extension, or be running late). Confirm current possession status directly with the developer, and check the OC, sanctioned plan, title and carpet area before you commit.

Builder track record

Karan Janhavi Development Coroporation is the promoter on 3 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by Karan Janhavi Development Coroporation

Karan Janhavi Development Coroporation
FlaggedPune
Karan Janhavi Development Coroporation
FlaggedPune

Other RERA-registered projects in Kharadi

10 BIZ Park
Dinesh Shroff And Choice Builders LLP
24K World Residences
Past its declared completion date Kolte-Patil Developers Limited
38K Inclusive Housing
Vilas Javdekar Eco Homes

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

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    Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Pune RERA red-flag register.

    Last checked against the RERA register: 11 Jul 2026