L Axis Phase III Cluster A: A residential RERA approved project in Pune.
Project Overview:
Pharande Promoters and Builders is the promoter for the RERA Approved project, L Axis Phase III Cluster A, located in Pune. It has been approved by MahaRERA under the RERA ID of P52100047349. The project is expected to be completed by July 30, 2028.
Developer History:
Pharande Promoters and Builders is a developer that has completed several residential projects in the Pune area. Some of their notable projects include Woodsville Phase 3, Woodsville Phase 1 Cluster A and Cluster B, L-Axis Phase 1 Part A, and Woodsville Phase 2. These projects have a variety of unit sizes and land areas, with the largest being the 20550 sq mtr Woodsville Phase 2 project that consisted of 235 units.
The Original Proposed Dates of Completion for these projects range from 2012 to 2016, with the Actual Dates of Completion falling between 2013 and 2017.
The following table contains detailed information about previous projects:
Project Name | Land Area(In Sq mtrs) | Number of Buildings/Plot | Number of Apartments | Original Proposed Date of Completion | Actual Date of Completion |
---|---|---|---|---|---|
Woodsville Phase 3 | 1888.46 | 3 | 127 | 2016-03-31 | 2017-04-27 |
Woodsville Phase 1 Cluster A | 29275 | 8 | 376 | 2012-09-30 | 2013-12-20 |
Woodsville Phase 1 Cluster B | 2472 | 4 | 184 | 2015-01-01 | 2016-04-01 |
L-Axis Phase 1 Part A | 3031.88 | 3 | 141 | 2016-03-31 | 2017-04-29 |
Woodsville Phase 2 | 20550 | 5 | 235 | 2016-04-01 | 2017-04-27 |
Location Insights:
This MahaRERA registered project is located in Pimpri Chinchawad a locality located within the district of Pune in the state of Maharashtra. Pune is a well-developed city known for its rich cultural history and diverse industries. Located in the western region of India, Pune has a thriving real estate market and is home to numerous residential and commercial projects.
Pimpri Chinchawad is a popular location for housing projects due to its proximity to major industrial hubs and the Pune-Mumbai expressway. The area is well-connected to the rest of the city through a robust transportation network and has access to a variety of amenities such as schools, hospitals, shopping centers, and recreational facilities.
Promoter Details:
L Axis Phase III Cluster A is promoted by Pharande Promoters and Builders, a company that is comprised of several members. Ramesh Jayram Pharande and Ravindra Jayram Pharande both hold the designation of Partner, Anil Jayram Pharande holds the position of both Partner and Authorized Signatory, and Akash Rajendra Pharande is also listed as a Partner.
Land Owner/Investor Details:
The land for this MahaRERA registered project is owned by Pune Panjarpole Trust. The agreement for the use of this land is a revenue share arrangement, meaning that the trust will receive a percentage of the revenue generated by the project.
Technical Details:
It is located on Survey No. 14 and is bordered by the R S Wing to the east, the O Wing to the west, existing open space to the north, and a 45 Mtr Spine Road to the south.This RERA approved project has 2 sanctioned buildings with a total FSI of 10787.99 sq mtrs. The development also includes 4853.11 sqmts of recreational open space as per the sanctioned plan.
Building Details:
L Axis Phase III consists of 2 apartment buildings on a total plot area of 5121.32 sqmts. Each building has 1 plinth, 1 stilt, and 12 sanctioned floors, with 1 basement level. There are no podiums in the buildings. The development also includes 96 covered parking spaces but no open parking spaces.
Specific wing units and apartment specifications are listed below:
Wing A:
Sr.No. | Apartment Type | Carpet Area (in Sqmts) | Number of Apartment |
---|---|---|---|
1 | 2BHK | 66.04 | 24 |
2 | 2BHK | 68.51 | 2 |
3 | 3BHK | 82.35 | 10 |
4 | 3BHK | 85.23 | 12 |
Wing B:
Sr.No. | Apartment Type | Carpet Area (in Sqmts) | Number of Apartment |
---|---|---|---|
1 | 2BHK | 66.04 | 24 |
2 | 2BHK | 68.51 | 2 |
3 | 3BHK | 82.35 | 10 |
4 | 3BHK | 85.23 | 12 |
Facilities and Amenities:
They provide several facilities and amenities in place to ensure the comfort and convenience of its residents. These include water conservation and rainwater harvesting systems, energy management measures, and fire protection and fire safety requirements. It also includes an electrical meter room, sub-station, and receiving station.
The MahaRERA registered project has provisions for water supply, sewerage (including chamber, lines, septic tank, and STP), storm water drains, and landscaping and tree planting. Street lighting and community buildings are also included in the plan. In addition, the development has measures in place for the treatment and disposal of sewage and sullage water, as well as solid waste management and disposal.
Team of Experts:
A contractor (Bhairav Buildcon), an architect (Landmark Design Group), an engineer (Sagar Ghadge), and other professionals are all working on this plan. Other professionals working on the project include G A Bhilare Consultants Pvt.Ltd., Siddhivinayak Electrical Consultant, and SBA Architects & Designers Pvt Ltd. CA Vrinda Gonte, a chartered accountant, is also involved in the project.
Litigation Status:
As per MahaRERA, there are currently no lawsuits on the L Axis Phase III Cluster A development.
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RERA stands for Real Estate Regulatory Authority and is the Government body for regulating Real Estate Developers and Agents (Brokers) It came into existence in 2016 and aims to protect the interest of property buyers. Every under-construction property must obtain RERA certificate and disclose a completion date before selling units to property buyers/investors. In India, each state has its own laws governing real estate. MahaRERA is the regulatory body for Maharashtra (Maharashtra Real Estate Regulation & Development Authority)
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