MahaRERA Property Intelligence · Pune
P52100033136 · Keshavnagar · promoter Velx Constructions Llp
| MahaRERA registration | P52100033136 |
| Registered on | 09 Feb 2022 |
| Promoter-declared completion | 31 Dec 2025 |
| Current status | Certificate Signed |
| Against today | about 7 months past the declared date |
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.
MahaRERA's cost filing puts construction at ~96.4% of the estimated project cost incurred as of the last certificate (₹132.00 Cr spent against a ₹137.00 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.
Of 542 homes filed with MahaRERA, 534 are sold/booked (532 with registered agreements + 2 booked) and 8 remain available (~99% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹316.27 Cr in agreement value so far. Of that, ₹270.57 Cr (~86%) is already collected, ₹45.70 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 534 registered agreements, the effective carpet rate is ₹8,947/sqft (typical range ₹6,993–₹10,097) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | 104 | 643 sqft (59.74 sqm) | ₹38.56 Lakh |
| Floor 1 | 107 | 842 sqft (78.25 sqm) | ₹51.95 Lakh |
| Floor 10 | 1002 | 522 sqft (48.47 sqm) | ₹25.42 Lakh |
| Floor 2 | 204 | 643 sqft (59.74 sqm) | ₹38.56 Lakh |
| Floor 3 | 304 | 643 sqft (59.74 sqm) | ₹38.56 Lakh |
| Floor 4 | 402 | 522 sqft (48.47 sqm) | ₹25.42 Lakh |
| Floor 8 | 801 | 522 sqft (48.47 sqm) | ₹25.42 Lakh |
| Floor 9 | 901 | 522 sqft (48.47 sqm) | ₹25.42 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.
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+15 and 542 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| WING A1 | 1 | G+15 | 112 | - |
| WING A2 | 1 | G+15 | 112 | - |
| Wing A3 | 1 | G+15 | 54 | - |
| Wing A6 | 1 | G+11 | 40 | - |
| Wing A4 | 1 | G+15 | 112 | - |
| Wing A5 | 1 | G+15 | 112 | - |
Unit mix on the filing: 542 residential.
1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12601838 | 29/03/2026 | Sri Rangarajan vs velx constructions llp | order passed |
Located at Keshavnagar, keshavnagar Chowk , Haveli, Pune, 411036. Per the filed land record, the plot is bounded to the north by Survey no 33 1, to the south by Property of Mr Dhamdhare and 30mtr Road, to the east by survey no 32 3C 1 survey no 32 3C 2 1 and to the west by Survey 32 2 2. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~7 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Pune Junction / city centre | 2 km |
| Magarpatta / Hadapsar IT | 7 km |
| Kharadi / EON IT Park | 9 km |
| Baner–Balewadi belt | 9 km |
| Pune Int'l Airport (Lohegaon) | 10 km |
| Hinjewadi Rajiv Gandhi IT Park | 15 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.
🔒 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.
🔒 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.
Should you buy in Basil Mondale?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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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