MahaRERA Property Intelligence · Pune

ARION

PR1261012600090 · - · promoter Shankha Developers Llp

Certificate SignedDue 31 Mar 2031

Delivery & Registration

MahaRERA registrationPR1261012600090
Registered on15 Apr 2026
Promoter-declared completion31 Mar 2031
Current statusCertificate Signed
Against today56 months to the declared date

Construction Progress

MahaRERA's cost filing puts construction at ~8.4% of the estimated project cost incurred as of the last certificate (₹2.91 Cr spent against a ₹34.76 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 76 homes filed with MahaRERA, 0 are sold/booked and 76 remain available (~0% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Note: the project registers 95 homes in total, but this sold/unsold inventory filing covers only 76 of them — the other 19 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

⚠ The inventory filing also declares: 19 reserved. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+21 and 95 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Tower A1G+2127-
Tower B1G+2168-

Unit mix on the filing: 95 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.

Location, Land & Connectivity

Located at -, Balewadi, Haveli, Pune, 411045. Per the filed land record, the plot is bounded to the north by By Survey No - 15 Part, to the south by By Survey No 16, to the east by By River and to the west by By Amenity Space. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~1 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Baner–Balewadi belt1 km
Hinjewadi Rajiv Gandhi IT Park6 km
Pune Junction / city centre10 km
Pune Int'l Airport (Lohegaon)15 km
Magarpatta / Hadapsar IT16 km
Kharadi / EON IT Park17 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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Nancy Hillview A-1
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Truspace Platina
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Major developers building in Baner

Other RERA-registered projects in Pune

Arise
declared completion Dec 2023 · Vinod Premchand Chandwani
Arise
declared completion Mar 2025 · Saksham Properties
Arise Canary
declared completion Dec 2023 · Arise Group
Arise Capital
possession by Mar 2030 · Vinode Wakadkar Buildcon LLP
Arise Construction
declared completion Sep 2023 · Wasim Ayub Kamble
Arisha
declared completion Nov 2024 · Shashank Subhash Bafna

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