MahaRERA Property Intelligence · Pune

Altitude

P52100024885 · Dange Chowk · promoter Rising Welworth Enterprises

Certificate SignedDue 31 Dec 2025

Delivery & Registration

MahaRERA registrationP52100024885
Registered on09 Mar 2020
Promoter-declared completion31 Dec 2025
Current statusCertificate Signed
Against todayabout 7 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, Rising Welworth Enterprises is the promoter of record on 7 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 ~89.6% of the estimated project cost incurred as of the last certificate (₹163.29 Cr spent against a ₹182.24 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 ~89.6% — 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 361 homes filed with MahaRERA, 345 are sold/booked (332 with registered agreements + 13 booked) and 16 remain available (~96% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹305.47 Cr in agreement value so far. Of that, ₹260.83 Cr (~85%) is already collected, ₹44.73 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 345 registered agreements, the effective carpet rate is ₹13,795/sqft (typical range ₹12,505–₹15,319) — 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 1126578 sqft (53.66 sqm)₹47.51 Lakh
Floor 2228586 sqft (54.46 sqm)₹48.22 Lakh
Floor 2229586 sqft (54.46 sqm)₹48.22 Lakh
Floor 2230586 sqft (54.46 sqm)₹48.22 Lakh
Floor 3330586 sqft (54.46 sqm)₹48.22 Lakh
Floor 4428586 sqft (54.46 sqm)₹48.22 Lakh
Floor 4433586 sqft (54.46 sqm)₹48.22 Lakh
Floor 4434586 sqft (54.46 sqm)₹48.22 Lakh
Floor 5532578 sqft (53.66 sqm)₹47.51 Lakh
Floor 5533586 sqft (54.46 sqm)₹48.22 Lakh
Floor 6633586 sqft (54.46 sqm)₹48.22 Lakh
Floor 6634586 sqft (54.46 sqm)₹48.22 Lakh
Floor 6635586 sqft (54.46 sqm)₹48.22 Lakh
Floor 7737578 sqft (53.66 sqm)₹47.51 Lakh
Floor 7739563 sqft (52.32 sqm)₹46.32 Lakh
Floor 9937578 sqft (53.66 sqm)₹47.51 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+14 and 361 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Altitude1G+14361-

Unit mix on the filing: 361 non-residential (shops/offices).

Complaints & Orders

11 complaints are on the MahaRERA record for this project, with orders passed in 5. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC1250001001/01/2025Sascha Sebastian Ackermann vs Rising welworth Enterprises LLPpending / no order on file
CC1250108501/04/2025Hemant Shriram Deshpande vs Rising welworth Enterprises LLPorder passed
CC1250108601/04/2025Hemant Shriram Deshpande vs Rising welworth Enterprises LLPorder passed
CC1250108801/04/2025Hemant Shriram Deshpande vs Rising welworth Enterprises LLPorder passed
CC1250109101/04/2025Hemant Shriram Deshpande vs Rising welworth Enterprises LLPorder passed
CC1250110402/04/2025Ashwini Sandeep Badnapurkar vs Rising welworth Enterprises LLPorder passed
CC1260362212/06/2026AMOL KUNDLIK SHENDE vs Rising welworth Enterprises LLPpending / no order on file
CC1260293719/05/2026Rising welworth Enterprises LLP vs Mrs Sarika Shamrao Shindepending / no order on file
CC1260293919/05/2026Rising welworth Enterprises LLP vs Mr PALASH SANJAY SONIpending / no order on file
CC1260294019/05/2026Rising welworth Enterprises LLP vs Mr AMOL VILAS SAWANTpending / no order on file
CC1260294119/05/2026Rising welworth Enterprises LLP vs Priya Shuklapending / no order on file

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 Jun 202531 Dec 20251. Project is 100% completed and applied for OC 2. QPR till date are updated 3. Form B and PERT Chart added in Application 4. We have applied for the Occupancy Certificate (OC) to

Location, Land & Connectivity

Located at Dange Chowk, Aundh Ravet Road , Haveli, Pune, 411033. Per the filed land record, the plot is bounded to the north by 45m wide road, to the south by 12m wide road and part of sno of 18 hissa no 6, to the east by 45M WIDE ROAD and to the west by residential buildings and drive way. 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 — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Hinjewadi Rajiv Gandhi IT Park4 km
Baner–Balewadi belt6 km
Pune Junction / city centre15 km
Pune Int'l Airport (Lohegaon)16 km
Kharadi / EON IT Park19 km
Magarpatta / Hadapsar IT20 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

Rising Welworth Enterprises LLP is the promoter on 4 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 Rising Welworth Enterprises LLP

Rising Welworth Enterprises LLP
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Rising Welworth Enterprises LLP
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Rising Welworth Enterprises LLP
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Miracle Mathura
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Sai Aarav
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Samarth Paradise
possession by Aug 2026 · Samarth Associates
Isle OF Life - Building B And C
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Vision ACE Commercial Phase I
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Major developers building in Punawale

Other RERA-registered projects in Pune

Altura
declared completion Jun 2023 · Sigma Housing
Altus
declared completion Dec 2023 · Arham Lifespace Realty
Altus Grande
possession by May 2028 · P2gnn Homes LLP
Amaaya
declared completion Mar 2025 · NEW Front Constructions
Amaaya TWO
declared completion Apr 2023 · NEW Front Prabhavee Ventures
Amado Infinity
declared completion Dec 2023 · Aslam Abdulla Haji

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