MahaRERA Property Intelligence · Pune

37 GRANDSTAND

P52100052752 · BANER · promoter Space Builders And

Certificate SignedDue 31 May 2027

Delivery & Registration

MahaRERA registrationP52100052752
Registered on22 Sep 2023
Promoter-declared completion31 May 2027
Current statusCertificate Signed
Against today10 months to the declared date

Regulatory Standing

MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.

Construction Progress

MahaRERA's cost filing puts construction at ~60.8% of the estimated project cost incurred as of the last certificate (₹33.97 Cr spent against a ₹55.85 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.

Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.

Sales & Inventory

Of 59 homes filed with MahaRERA, 31 are sold/booked and 28 remain available (~53% sold) — selling steadily. Buyers have committed ₹50.56 Cr in agreement value so far. Of that, ₹32.79 Cr (~65%) is already collected, ₹17.77 Cr receivable — a read on how far along these sales really are. Note: the project registers 64 homes in total, but this sold/unsold inventory filing covers only 59 of them — the other 5 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 31 registered agreements, the effective carpet rate is ₹11,253/sqft (typical range ₹9,388–₹11,718) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:

FloorUnitCarpetReckoner value
Floor 11031,358 sqft (126.2 sqm)₹1.07 Cr
Floor 11041,936 sqft (179.83 sqm)₹1.52 Cr
Floor 1010041,936 sqft (179.83 sqm)₹1.52 Cr
Floor 1111041,936 sqft (179.83 sqm)₹1.52 Cr
Floor 1212041,936 sqft (179.83 sqm)₹1.52 Cr
Floor 1414031,358 sqft (126.2 sqm)₹1.07 Cr
Floor 1414041,936 sqft (179.83 sqm)₹1.52 Cr
Floor 1515011,898 sqft (176.35 sqm)₹1.49 Cr
Floor 1515021,343 sqft (124.75 sqm)₹1.05 Cr
Floor 1515031,358 sqft (126.2 sqm)₹1.07 Cr
Floor 1515041,936 sqft (179.83 sqm)₹1.52 Cr
Floor 1616011,898 sqft (176.35 sqm)₹1.49 Cr
Floor 1616021,343 sqft (124.75 sqm)₹1.05 Cr
Floor 1616031,358 sqft (126.2 sqm)₹1.07 Cr
Floor 1616041,936 sqft (179.83 sqm)₹1.52 Cr
Floor 22041,936 sqft (179.83 sqm)₹1.52 Cr
Floor 33011,898 sqft (176.35 sqm)₹1.49 Cr
Floor 33041,936 sqft (179.83 sqm)₹1.52 Cr
Floor 44011,898 sqft (176.35 sqm)₹1.49 Cr
Floor 44041,936 sqft (179.83 sqm)₹1.52 Cr
Floor 55011,898 sqft (176.35 sqm)₹1.49 Cr
Floor 55041,936 sqft (179.83 sqm)₹1.52 Cr
Floor 66011,898 sqft (176.35 sqm)₹1.49 Cr
Floor 66041,936 sqft (179.83 sqm)₹1.52 Cr
Floor 77041,936 sqft (179.83 sqm)₹1.52 Cr
Floor 88031,358 sqft (126.2 sqm)₹1.07 Cr
Floor 88041,936 sqft (179.83 sqm)₹1.52 Cr
Floor 99041,936 sqft (179.83 sqm)₹1.52 Cr

⚠ The inventory filing also declares: 5 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+22 and 64 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
37 GRANDSTAND1G+2264-

Unit mix on the filing: 64 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Location, Land & Connectivity

Located at BANER, PANCARD CLUB ROAD, Haveli, Pune, 411045. Per the filed land record, the plot is bounded to the north by 9M ROAD, to the south by PLOT OWNED BY MUNOT FAMILY, to the east by PLOT NO 29 OWNED BY ABIL and to the west by PLOT OWNED BY KOLTE-PATIL. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~16 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Kharadi / EON IT Park16 km
Magarpatta / Hadapsar IT17 km
Pune Int'l Airport (Lohegaon)19 km
Pune Junction / city centre23 km
Baner–Balewadi belt33 km
Hinjewadi Rajiv Gandhi IT Park38 km

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

🔒 The verdict & buyer playbook · Compliance report

The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.

Unlock in the ₹999 report →

🔒 Unit-by-unit guidance · Unit Guidance report

Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.

Unlock in the ₹2,999 report →

🔒 Full financial records — escrow, funding & the document catalog · Compliance report

The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.

Unlock in the ₹999 report →

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Builder track record

Space Builders AND Developers is the promoter on 2 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 Space Builders AND Developers

Space Builders AND Developers
FlaggedPune

Other RERA-registered projects in Baner

7 Business BAY
possession by Jul 2026 · Saaj Buildcon Private Limited
Maitreya
Not filing quarterly progress reports · possession by Jul 2026 · Vaibhav Shamrao Taro
Mercury
possession by Aug 2026 · SB Real Estate Private Limited
Aarambh
possession by Aug 2026 · ADI Realtors
Nancy Hillview A-1
possession by Aug 2026 · M/S Sarsan Aawishkar Properties
Truspace Platina
possession by Aug 2026 · Atharva Developments

Major developers building in Baner

Other RERA-registered projects in Pune

38 Daffodils
possession by Jul 2028 · Blue Pearl Realty
38 Divine
possession by Dec 2027 · United Constructions
38-Park Majestique
declared completion Dec 2022 · Majestique Promoters AOP
38 Park Majestique Phase III
declared completion Dec 2024 · Majestique Promoters AOP
38 Park Majestique Phase IV
declared completion Jun 2025 · Majestique Promoters AOP
38 Park Majestique Phase V
possession by Dec 2026 · Majestique Promoters AOP

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.

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: 27 Jul 2026