MahaRERA Property Intelligence · Pune

BHAKTI PANACHE

P52100054679 · GULTEKDI PUNE · promoter Mahavir Constructions And

Certificate SignedDue 30 Sep 2027

Delivery & Registration

MahaRERA registrationP52100054679
Registered on02 Feb 2024
Promoter-declared completion30 Sep 2027
Current statusCertificate Signed
Against today14 months to 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, Mahavir Constructions And is the promoter of record on 125 projects, of which 9 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 ~65.1% of the estimated project cost incurred as of the last certificate (₹8.58 Cr spent against a ₹13.18 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 14 homes filed with MahaRERA, 4 are sold/booked and 10 remain available (~29% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹4.07 Cr in agreement value so far. Of that, ₹2.30 Cr (~56%) is already collected, ₹0 receivable — a read on how far along these sales really are. Note: the project registers 22 homes in total, but this sold/unsold inventory filing covers only 14 of them — the other 8 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 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 1101801 sqft (74.38 sqm)₹78.66 Lakh
Floor 1102801 sqft (74.38 sqm)₹78.66 Lakh
Floor 22011,701 sqft (158.05 sqm)₹1.67 Cr
Floor 33012,798 sqft (259.9 sqm)₹2.75 Cr
Floor 3301801 sqft (74.38 sqm)₹78.66 Lakh
Floor 3302801 sqft (74.38 sqm)₹78.66 Lakh
Floor 4401801 sqft (74.38 sqm)₹78.66 Lakh
Floor 4402801 sqft (74.38 sqm)₹78.66 Lakh
Floor 5501801 sqft (74.38 sqm)₹78.66 Lakh
Floor 5502801 sqft (74.38 sqm)₹78.66 Lakh

⚠ The inventory filing also declares: 2 owner/investor-held and 6 not for sale. 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+5 and 22 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
WING A1G+43-
WING B1G+519-

Unit mix on the filing: 22 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 GULTEKDI PUNE , GULTEKDI PUNE, Pune City, Pune, 411037. Per the filed land record, the plot is bounded to the north by BY PLOT NO 25B, to the south by BY PLOT NO 17, to the east by BY ROAD and to the west by BY S NO 582. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~7 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Pune Junction / city centre4 km
Magarpatta / Hadapsar IT7 km
Kharadi / EON IT Park10 km
Pune Int'l Airport (Lohegaon)11 km
Baner–Balewadi belt12 km
Hinjewadi Rajiv Gandhi IT Park18 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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Other RERA-registered projects in Bibwewadi

Celia Phase 2
Not filing quarterly progress reports · possession by Jul 2026 · Enerrgia Developers
Ravindu
possession by Jul 2026 · Shubh Ventures
Siddhachal - A1
possession by Jul 2026 · Viraj Properties (now Known As Viraj Pro
Indian Bank Staff CO-Operative Housing Society LTD
possession by Aug 2026 · Raichandani Constructions Private Limite
Siddhi -Siddhachal
possession by Aug 2026 · Bhairav Promoters Unit Number 1
Osian Navkar
possession by Sep 2026 · Osian Realty

Major developers building in Bibwewadi

Other RERA-registered projects in Pune

Bhakti Park
declared completion Dec 2023 · Bhakti Developers
Bhakti Park
declared completion Aug 2024 · Pravin Haibatrao Shinde
Bhakti Residency
declared completion Aug 2023 · Yash Associates
Bhakti Rudved
declared completion Jun 2026 · Bhakti Builders
Bhakti Sapphire
declared completion Jun 2019 · Dhaval Builders
Bhakti Shrinidhi
declared completion Sep 2025 · Bhakti Builders

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