MahaRERA Property Intelligence · Pune

Ashtavinayak City Phase - 4

P52100048830 · Fursungi · promoter Ashtavinayak Reality

Certificate SignedDue 31 Dec 2025

Delivery & Registration

MahaRERA registrationP52100048830
Registered on24 Jan 2023
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, Ashtavinayak Reality is the promoter of record on 60 projects, of which 4 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 ~94.2% of the estimated project cost incurred as of the last certificate (₹50.45 Cr spent against a ₹53.55 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 299 homes filed with MahaRERA, 257 are sold/booked and 42 remain available (~86% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹85.06 Cr in agreement value so far. Of that, ₹70.43 Cr (~83%) is already collected, ₹14.63 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 257 registered agreements, the effective carpet rate is ₹7,180/sqft (typical range ₹6,945–₹8,037) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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+7 and 299 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building Number 11G+520-
Building Number 2 A and B Wing1G+756-
Building Number 3 C and D Wing1G+756-
Building Number 4 E and F Wing1G+756-
Building Number 5 C and D Wing1G+756-
Building Number 6 A and B Wing1G+648-
Convenience Shopping Centre1G+17-

Unit mix on the filing: 292 residential and 7 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 2 times. 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
31 Dec 202430 Jun 2025Reason 1 For Extension: - Project is under Pradhan Mantri Awas Yojana of Government of India Ministry of Housing Department & Project completion date of said Housing Scheme is ext
31 Dec 202431 Dec 20251. Completion Status: All buildings within the said project have been completed in every respect on site. This fact stands duly certified by our Registered Architect, Ar. Shreyash

Location, Land & Connectivity

Located at Fursungi, Fursungi, Haveli, Pune, 412308. Per the filed land record, the plot is bounded to the north by Survey Number 162 Hissa Number 8, to the south by Survey Number 161 Hissa Number 2, to the east by 16 Mtrs and 12 Mtrs Wide Internal Roads and to the west by Survey Number 162 Hissa Number 9 part 2. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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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Other RERA-registered projects in Fursungi

Simplicity Phase 4 - A Wing
possession by Jul 2026 · J K P Developers Unit NO 2
Tranquility Annexe C Wing
possession by Jul 2026 · K AND B Associates
Casalino Towers Phase 3
possession by Oct 2026 · Sai Siddhi Promoters & Builders
Silver Park - B Wing
possession by Dec 2026 · Hakke AND KAD Developers
Green Hive Plus Wing A4
possession by Dec 2026 · Ram India Shelters
Sahara Platinum
possession by Dec 2026 · Sahara Buildtek

Major developers building in Fursungi

Other RERA-registered projects in Pune

Ashtavinayak City Phase II
declared completion Apr 2022 · Ashtavinayak City Pune LLP
Ashtavinayak Oyster
declared completion Mar 2018 · Ashtavinayak Promoters AND Developers
Ashtavinayak Residency
declared completion Nov 2022 · Geet Developers
Ashtavinayak Residency
declared completion Mar 2023 · Suryoday Developers
Ashthavinayak
declared completion Mar 2019 · Unity Group Builders AND Developers
Ashutosh
possession by Dec 2026 · Sanika Construction

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