MahaRERA Property Intelligence · Pune

addressOne - Phase 1

P52100015756 · Nr Maharashtra Cricket Association Stadium, Gahunje Pune · promoter Peninsula Land Limited

Certificate SignedDue 30 Dec 2022

Delivery & Registration

MahaRERA registrationP52100015756
Registered on22 Mar 2018
Promoter-declared completion30 Dec 2022
Current statusCertificate Signed
Against todayabout 43 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, Peninsula Land Limited is the promoter of record on 13 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.

Construction Progress

MahaRERA's cost filing puts construction at ~88.1% of the estimated project cost incurred as of the last certificate (₹13.91 Cr spent against a ₹15.79 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. The declared completion date has already passed while the cost-incurred filing sits at ~88.1% — a wide gap between the promise and the money actually spent on site.

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 254 homes filed with MahaRERA, 251 are sold/booked and 3 remain available (~99% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

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 1104242 sqft (22.52 sqm)-
Ground/Floor 0002274 sqft (25.5 sqm)-
Ground/Floor 003123 sqft (11.46 sqm)-

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 254 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building 11G+42231 Dec 2021
Building 21G+42131 Dec 2021
Building 31G+42131 Dec 2021
Building 41G+42231 Dec 2021
Building 51G+42231 Dec 2021
Building 61G+42231 Dec 2021
Building 71G+42231 Dec 2021
Building 81G+42231 Dec 2021
Building 91G+42031 Dec 2021
Building 101G+42031 Dec 2021
Building 111G+42031 Dec 2021
Building 121G+42031 Dec 2021

Unit mix on the filing: 224 residential and 30 non-residential (shops/offices).

Complaints & Orders

4 complaints are on the MahaRERA record for this project, with orders passed in 4. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00500000017765304/10/2022PENINSULA LAND LIMITED vs Mr. Shivaji Gharat and Mrs. Pratibha Gharatorder passed
CC00500000023875225/04/2023Peninsula Land Limited vs Shaija Cherianorder passed
CC00500000023875326/04/2023Peninsula Land Limited vs Shaija Cherianorder passed
CC00500000025884411/05/2023Peninsula Land Limited vs Manoj Ravindra Phatakorder passed

Location, Land & Connectivity

Located at Nr Maharashtra Cricket Association Stadium, Gahunje Pune, Off Mumbai Pune Expressway, Mumbai City, Mumbai City, 412101. Per the filed land record, the plot is bounded to the north by remaining portion of approved layout, to the south by remaining portion of approved layout, to the east by remaining portion of approved layout and to the west by remaining portion of approved layout. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~9 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Hinjewadi Rajiv Gandhi IT Park9 km
Baner–Balewadi belt14 km
Pune Junction / city centre23 km
Pune Int'l Airport (Lohegaon)24 km
Kharadi / EON IT Park28 km
Magarpatta / Hadapsar IT29 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

Peninsula Land Limited is the promoter on 13 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).

See every Peninsula Land Limited project & its RERA track record →

Other flagged projects by Peninsula Land Limited

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Other RERA-registered projects in Ravet

Shivratna
possession by Jul 2026 · Mr Rajan Vishram Palekar
Glorious Tathastu
possession by Jul 2026 · Glorious Buildcon
Aqua Life
possession by Aug 2026 · Legacy Lifespaces LLP
City ONE Skyve
possession by Sep 2026 · Shree SAI Capital
Godrej Carnival
possession by Sep 2026 · Godrej Skyline Developers Limited
Godrej Nurture
possession by Sep 2026 · Godrej Skyline Developers Limited

Major developers building in Ravet

Other RERA-registered projects in Pune

Addressone - Phase 2
declared completion Apr 2023 · Peninsula Land Limited
Addressone - Phase 3
declared completion May 2023 · Peninsula Land Limited
Addressone - Phase 4
declared completion Aug 2023 · Peninsula Land Limited
Addressone - Phase 5
declared completion Dec 2023 · Peninsula Land Limited
Addressone - Phase 6
declared completion Jun 2026 · Peninsula Land Limited
Adhish Residency
declared completion Oct 2025 · A B Associates

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