MahaRERA Property Intelligence · Pune

Aakar Heights - Phase I

P52100023178 · Royal Hills · promoter Riya Rahul Katkamwar

Certificate SignedDue 30 Dec 2023

Delivery & Registration

MahaRERA registrationP52100023178
Registered on05 Dec 2019
Promoter-declared completion30 Dec 2023
Current statusCertificate Signed
Against todayabout 31 months past 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.

Builder Track Record

Across MahaRERA, Riya Rahul Katkamwar is the promoter of record on 2 projects, of which none currently carry a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.

Sales & Inventory

Of 19 homes filed with MahaRERA, 16 are sold/booked (15 with registered agreements + 1 booked) and 3 remain available (~84% sold) — selling steadily. Buyers have committed ₹7.51 Cr in agreement value so far. Of that, ₹7.37 Cr (~98%) is already collected, ₹14.00 Lakh receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 16 registered agreements, the effective carpet rate is ₹10,490/sqft (typical range ₹7,189–₹11,387) — 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 5501442 sqft (41.08 sqm)₹33.05 Lakh
Floor 5502614 sqft (57.05 sqm)₹45.90 Lakh
Floor 55041,183 sqft (109.89 sqm)₹88.40 Lakh

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

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+4 and 19 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A1G+41931 Dec 2021

Unit mix on the filing: 19 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.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.

From (declared)To (revised)Stated reason
30 Dec 202230 Dec 2023Non Availability of raw material and labor due to Covid 19 pandemic.

Location, Land & Connectivity

Located at Royal Hills, Regalia Residency, Haveli, Pune, 411021. Per the filed land record, the plot is bounded to the north by Internal 6 Mtr Road, to the south by Plot No 22, to the east by Internal 9 Mtr Road and to the west by Plot No 33 and 32. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~4 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Baner–Balewadi belt4 km
Hinjewadi Rajiv Gandhi IT Park8 km
Pune Junction / city centre12 km
Magarpatta / Hadapsar IT17 km
Pune Int'l Airport (Lohegaon)18 km
Kharadi / EON IT Park19 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

Riya Rahul Katkamwar 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 Riya Rahul Katkamwar

Other RERA-registered projects in Bavdhan

Window Cooperative Housing Society Limited 131/1
possession by Jul 2026 · Windows Co-Operative Housing Society Ltd
Rising Hills
possession by Aug 2026 · Not Available
Purva Aspire
possession by Sep 2026 · Puravankara Limited
Marvel Selva Ridge Villa 6, 9, 11, 12
Developer in insolvency (NCLT) · possession by Dec 2026 · Marvel Omega Builders PVT LTD
Reelicon Fairy Bell
possession by Dec 2026 · Reelicon Red Homes Private Limited
Green Mint
possession by Dec 2026 · Sunil Vishwanath Salunke

Major developers building in Bavdhan

Other RERA-registered projects in Pune

Aakar Indigo
declared completion Dec 2022 · Aakar Realties
Aakar Indigo 2
declared completion Jun 2023 · Aakar Realties
Aakar Tathastu
possession by Mar 2028 · Aakar Lifespaces
Aakash Heights
declared completion Sep 2023 · M/S Kalpataru Promoters Developers PVT L
Aalaap - I At Nanded City
possession by Dec 2027 · Nanded City Development & Constructi
Aanant Vastu
declared completion Dec 2025 · Ocean Developers

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