Venkatesh Vanaya RERA
The Venkatesh Vanaya RERA registration number is PR1261012601206, officially issued by the Maharashtra Real Estate Regulatory Authority (MahaRERA) for this landmark residential project in Kharadi, Pune. Developed by the renowned Shree Venkatesh Buildcon, having a valid MahaRERA registration guarantees complete project transparency, statutory legal compliance, financial safety, and a binding commitment toward timely construction delivery. Spanning across a prime 10-acre land parcel, this project offers homebuyers legal security backed by state-monitored escrow protection.
Key Overview of Venkatesh Vanaya MahaRERA Registration
| Information Parameter | Official Registered Details |
|---|---|
| Project Name | Venkatesh Vanaya |
| MahaRERA Registration No. | PR1261012601206 |
| Promoter / Developer | Shree Venkatesh Buildcon |
| Project Location | Kharadi, East Pune |
| Total Land Area | ~10 Acres |
| Configurations Offered | 2, 3, and 4 BHK Luxury Apartments |
| Total Building Structure | 3 Basements + 4 Podiums + 21 Floors |
| Official RERA Possession Date | December 2030 |
Why RERA Registration PR1261012601206 Protects Your Real Estate Investment
Under the Real Estate (Regulation and Development) Act of 2016, a project registered under MahaRERA must strictly follow guidelines designed to safeguard buyer interests. Here is how registration PR1261012601206 works in your favor:
1. Escrow Account Safeguards
70% of all funds collected from homebuyers for Venkatesh Vanaya are deposited into a dedicated project escrow bank account. These funds can only be withdrawn for construction costs and land purchase, eliminating any risk of fund diversion.
2. Standardized Carpet Area Billing
Under RERA, buyers pay strictly for the actual carpet area (usable floor space within walls) rather than arbitrary built-up or super built-up terms.
3. Binding Construction Timelines
The registered possession date (December 2030) is legally binding. Should any unapproved delay occur, the developer is legally bound under RERA guidelines to pay compensation to buyers.
4. Zero Unapproved Structural Alterations
The developer cannot modify building plans, layout approvals, or common facility specifications without obtaining written consent from two-thirds of the allottees and prior MahaRERA clearance.
Floor Configurations & Approved Unit Sizes
Under MahaRERA approval PR1261012601206, the apartments are approved under the following standardized carpet areas:
- 2 BHK Residences: 777.16 – 850 Sq. Ft. Carpet Area
- 3 BHK Residences: 1100 – 1200 Sq. Ft. Carpet Area
- 4 BHK Residences: 1730 – 1940 Sq. Ft. Carpet Area
How to Verify Registration PR1261012601206 on the MahaRERA Portal
Checking the official state portal takes only a couple of minutes. Follow these simple steps:
- Visit the official MahaRERA website (maharera.maharashtra.gov.in).
- Navigate to the "Search Project" tab under the Registration menu.
- Enter the RERA Registration Number: PR1261012601206.
- Click Search to view approved floor plans, land title reports, financial disclosures, and quarterly progress updates directly from the regulator.