In ExtensionP52100024649Registered Feb 2020Delayed 455dExtensionNo active red flags

Park59

A residential / group housing project by Shiv Developers in WAKAD, Pune.

Data as of Oct 2026, from this project's public MahaRERA filing. View on the MahaRERA portal ↗

Overview

Status & progress

Per MahaRERA record as of Oct 2026.

Construction
90%
cost-weighted
Declared completion
Dec 2027
delayed 455d
Units sold
144 / 230
63% sell-through
Basics

Project basics

As filed with MahaRERA — not analysis, just the record.

Promoter
Shiv Developers · Partnership
Project type
Residential / Group Housing
Land area
5,800 m² · Permissible built-up (FSI) 23,279 m²
Total units
230 across 5 wings
Estimated cost
₹80.2 Cr
Land ownership
Promoter is the landowner
Parking
186 four-wheeler · 391 two-wheeler
Held outside open sale
38 landowner/investor share
Application date
17 Feb 2020
Buildings & units

5 wings across 5 buildings

Floors and unit counts as filed.

WingFloors sanctionedTotal units
NA14 of 14 proposed43
NA14 of 14 proposed67
NA14 of 14 proposed48
NA14 of 14 proposed48
NA8 of 8 proposed24
People on record

Promoter & professionals

Names and registrations as declared — no background analysis.

Architect
SHANKAR NIMBALKAR · License No.Pcmc/le/0493/2026
Structural engineer
K P BADGUJAR CONSULTANT PVT LTD
Project bank
STATE BANK OF INDIA
Location

Where it sits

WAKAD, Pune — 411057.

Locality
WAKAD
District
Pune
Authority
Pimpari Chinchwad Municipal Corporation
Red flags

No active red flags

Absence of a flag reflects the record as filed, not an assessment of safety.

Park59: common questions

Is Park59 RERA registered?

Yes. Park59 is registered with MahaRERA under registration number P52100024649, granted on 26 February 2020. As of October 2026, the registration is active under a MahaRERA extension.

What is the possession date of Park59?

The developer has declared completion by December 2027 in its MahaRERA filing, revised from the original September 2026. The record shows the project running 455 days behind its declared schedule. The RERA completion date is the developer's legal commitment; the possession date in your agreement can differ, so check both.

Who is the builder of Park59?

Park59 is developed by Shiv Developers, the promoter named in its MahaRERA registration.

Where is Park59 located?

Park59 is in Wakad, Pune (PIN 411057), Maharashtra, as declared in its RERA registration.

How many units does Park59 have, and how many are sold?

Park59 has 230 units on its RERA registration. 147 were reported sold as of October 2026, leaving 83 unsold.

How much construction of Park59 is complete?

By the developer's own quarterly filing, 90% of the work is done, measured against the project's cost estimate.

Is there any litigation against Park59?

No litigation is declared on Park59's MahaRERA record as of October 2026. A clean record reflects what was filed, not a legal title check.

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