Latest Answer: HI Ajinkya,
As Paranjape Athashri Balewadi is a under construction project, it cones under MAHA RERA. As per Maha RERA if builder has not register this project under RERA then they have to pay a huge amount as a penalty. At the same time if the did not deliver the project as per the agreement, then builder has to pay interest from the date of possession at the rate of 10 percent. So, you do not need to worry about your flat possession. As now its builders responsibility to deliver you on time.