MahaRERA Property Intelligence · Pune

Adi Elementis

P52100033217 · Ravet Pradhikaran · promoter Matrix Associates

Certificate SignedDue 30 Jun 2026

Delivery & Registration

MahaRERA registrationP52100033217
Registered on09 Feb 2022
Promoter-declared completion30 Jun 2026
Current statusCertificate Signed
Against todayabout 1 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, Matrix Associates is the promoter of record on 28 projects, of which 2 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 ~100.0% of the estimated project cost incurred as of the last certificate (₹32.97 Cr spent against a ₹32.97 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 69 homes filed with MahaRERA, 60 are sold/booked and 9 remain available (~87% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹63.99 Cr in agreement value so far. Of that, ₹57.29 Cr (~90%) is already collected, ₹6.70 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 60 registered agreements, the effective carpet rate is ₹9,738/sqft (typical range ₹9,004–₹12,067) — 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 1010041,250 sqft (116.12 sqm)₹1.05 Cr
Floor 1313041,250 sqft (116.12 sqm)₹1.01 Cr
Floor 1414011,132 sqft (105.12 sqm)₹1.08 Cr
Floor 22031,254 sqft (116.48 sqm)₹1.00 Cr
Floor 22041,250 sqft (116.12 sqm)₹1.00 Cr
Floor 33031,254 sqft (116.48 sqm)₹1.00 Cr
Floor 44021,132 sqft (105.12 sqm)₹93.85 Lakh
Ground/Floor 0shop no 13567 sqft (52.66 sqm)₹37.80 Lakh
Ground/Floor 0shop no 8490 sqft (45.48 sqm)₹31.94 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+17 and 69 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building1G+1769-

Unit mix on the filing: 56 residential and 13 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.

Location, Land & Connectivity

Located at Ravet Pradhikaran, Near DY Patil College, Mulshi, Pune, 411033. Per the filed land record, the plot is bounded to the north by 24 Meters Wide Road, to the south by by remaining area for 12-5percentage, to the east by 15 Meters Wide Road and to the west by Plot No 1 and plot no 4. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~6 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Hinjewadi Rajiv Gandhi IT Park6 km
Baner–Balewadi belt10 km
Pune Junction / city centre18 km
Pune Int'l Airport (Lohegaon)18 km
Kharadi / EON IT Park22 km
Magarpatta / Hadapsar IT23 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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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