MahaRERA Property Intelligence · Pune

Bhargav Stella

P52100020713 · Oppo. Shankar Maharaj Math Dhankawadi · promoter Bhargav Shelters

Certificate SignedDue 30 Mar 2026

Delivery & Registration

MahaRERA registrationP52100020713
Registered on06 May 2019
Promoter-declared completion30 Mar 2026
Current statusCertificate Signed
Against todayabout 4 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, Bhargav Shelters is the promoter of record on 151 projects, of which 13 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 ~63.3% of the estimated project cost incurred as of the last certificate (₹28.51 Cr spent against a ₹45.00 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. The declared completion date has already passed while the cost-incurred filing sits at ~63.3% — 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 87 homes filed with MahaRERA, 71 are sold/booked and 16 remain available (~82% sold) — selling steadily. Buyers have committed ₹59.13 Cr in agreement value so far. Of that, ₹43.42 Cr (~73%) is already collected, ₹15.71 Cr receivable — a read on how far along these sales really are. Note: the project registers 130 homes in total, but this sold/unsold inventory filing covers only 87 of them — the other 43 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.

What buyers actually paid: across 71 registered agreements, the effective carpet rate is ₹8,643/sqft (typical range ₹7,323–₹10,932) — 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 1Office 105514 sqft (47.75 sqm)₹52.57 Lakh
Floor 1Office 108417 sqft (38.74 sqm)₹42.65 Lakh
Floor 1Office 109788 sqft (73.21 sqm)₹80.59 Lakh
Floor 1Office 110923 sqft (85.75 sqm)₹94.39 Lakh
Floor 1010031,157 sqft (107.49 sqm)₹1.03 Cr
Floor 101005817 sqft (75.9 sqm)₹72.66 Lakh
Floor 1010071,147 sqft (106.56 sqm)₹1.02 Cr
Floor 1111031,157 sqft (107.49 sqm)₹1.03 Cr
Floor 111104818 sqft (75.99 sqm)₹72.75 Lakh
Floor 111106817 sqft (75.9 sqm)₹72.66 Lakh
Floor 2Office 203352 sqft (32.7 sqm)₹36.00 Lakh
Floor 5Office 501340 sqft (31.59 sqm)₹34.77 Lakh
Floor 5Office 502607 sqft (56.39 sqm)₹62.08 Lakh
Floor 5Office 504387 sqft (35.95 sqm)₹39.58 Lakh
Floor 5Office 505514 sqft (47.75 sqm)₹52.57 Lakh
Floor 5Office 508405 sqft (37.63 sqm)₹41.42 Lakh

⚠ The inventory filing also declares: 43 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+20 and 130 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Bhargav Stella1G+20130-

Unit mix on the filing: 85 residential and 45 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 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 Mar 202530 Mar 2026This Self-explanatory note has been prepared on the basis of requirement under [See rule 7(1)] of Maharashtra Real Estate Rules 2017 for Extension of registration of the Real estat

Location, Land & Connectivity

Located at Oppo. Shankar Maharaj Math Dhankawadi , Pune Satara Road, Haveli, Pune, 411043. Per the filed land record, the plot is bounded to the north by By Balance portion of S No 15, to the south by By CTS No 381 Manav Mandir Apt, to the east by By Pune Satara Road and to the west by By Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~9 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Pune Junction / city centre7 km
Magarpatta / Hadapsar IT9 km
Kharadi / EON IT Park13 km
Baner–Balewadi belt13 km
Pune Int'l Airport (Lohegaon)15 km
Hinjewadi Rajiv Gandhi IT Park19 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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Panora
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Other RERA-registered projects in Pune

Bhavantak
declared completion Mar 2024 · SKY Construction
Bhavesh
possession by Mar 2029 · Not Available
Bhavik
possession by Dec 2026 · Datar Engineering AND Consultancy Privat
Bhide Nivara
possession by Dec 2027 · Siddhivinayak Ventures
Bhidewadi
possession by Dec 2026 · Bhide & Bhadane Realties
Bhimabai Sadan
declared completion Apr 2024 · Shree Swami Samarth Associates

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