ACE ATMOSPHERE PHASE I

Delivery & Registration

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.

• Filing progress reports — 11 quarterly progress reports on record since registration, with no current default.

Builder Track Record

Across MahaRERA, Jhamtani Realty Private is the promoter of record on 14 projects, of which 1 carries 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.

Construction Progress

MahaRERA's cost filing puts construction at ~40.8% of the estimated project cost incurred as of the last certificate (₹79.55 Cr spent against a ₹194.93 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 340 homes filed with MahaRERA, 306 are sold/booked (300 with registered agreements + 6 booked) and 34 remain available (~90% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹237.25 Cr in agreement value so far. Of that, ₹142.58 Cr (~60%) is already collected, ₹100.67 Cr 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 306 registered agreements, the effective carpet rate is ₹9,143/sqft (typical range ₹7,479–₹10,242) — 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:

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+32 and 340 homes are registered across the project.

Unit mix on the filing: 339 residential and 1 non-residential (shops/offices).

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.

Location, Land & Connectivity

Located at Ravet , 60/1, 60/3 to 60/6, 60/8 to 60/12, 60/13, 60/15 to 60/19, 61/2/1(P),, Haveli, Pune, 412101. Per the filed land record, the plot is bounded to the north by 30 Mts BRT Road, to the south by S No 60 part, to the east by Adj S No 44 and to the west by Adj S No 61 part. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~7 km away — a manageable everyday commute to a major job hub.

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.

Builder track record

Jhamtani Realty Private Limited is the promoter on 12 MahaRERA-registered projects, of which 1 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

• ACE Aurum III Tower 05 — Deregistered by MahaRERA

See every Jhamtani Realty Private Limited project & its RERA track record →

Other flagged projects by Jhamtani Realty Private Limited

Other RERA-registered projects in Ravet

Major developers building in Ravet

Other RERA-registered projects in Pune

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.