MahaRERA Property Intelligence · Pune

BUILDING - M - NAVYANGAN PHASE - II

P52100023388 · - · promoter Avior Merlin Venture

Certificate SignedDue 30 Dec 2025

Delivery & Registration

MahaRERA registrationP52100023388
Registered on12 Dec 2019
Promoter-declared completion30 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, Avior Merlin Venture is the promoter of record on 15 projects, of which 2 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 ~0.0% of the estimated project cost incurred as of the last certificate (₹0 spent against a ₹11.65 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 ~0.0% — 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 134 homes filed with MahaRERA, 12 are sold/booked (6 with registered agreements + 6 booked) and 122 remain available (~9% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹1.36 Cr in agreement value so far. Of that, ₹7.94 Lakh (~6%) is already collected, ₹1.28 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 12 registered agreements, the effective carpet rate is ₹4,719/sqft (typical range ₹4,719–₹5,326) — 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+9 and 134 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BUILDING - M1G+913431 Dec 2024

Unit mix on the filing: 134 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 -, -, Pune City, Pune, 412108. Per the filed land record, the plot is bounded to the north by OPEN SPACE, to the south by FUTURE DEVELOPMENT, to the east by ADJ GAT NO 144 and to the west by FUTURE DEVELOPMENT. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~11 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Hinjewadi Rajiv Gandhi IT Park11 km
Baner–Balewadi belt13 km
Pune Junction / city centre22 km
Magarpatta / Hadapsar IT27 km
Pune Int'l Airport (Lohegaon)28 km
Kharadi / EON IT Park29 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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Builder track record

Avior Merlin Venture LLP is the promoter on 5 MahaRERA-registered projects, of which 1 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

See every Avior Merlin Venture LLP project & its RERA track record →

Other flagged projects by Avior Merlin Venture LLP

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Other RERA-registered projects in Paud

Foresta Phase II
possession by Aug 2026 · High Yield Fortune Pvt Ltd
Playtor Paud D- Phase 2
Deregistered by MahaRERA · possession by Sep 2026 · Sangam Realty
Shivangan
possession by Nov 2026 · R M Developers Pune
Nishigandh, B Wing
possession by Dec 2026 · Nirmiti Realities
Satvam Hills C4
possession by Dec 2026 · Symphony Landmarks LLP
Sparsh Aster
possession by Dec 2026 · Shree Enterprises

Other RERA-registered projects in Pune

Building NO. A1 -Navyangan Phase - II
declared completion Dec 2025 · Avior Merlin Venture LLP
Building NO. B1 - Navyangan Phase - II
declared completion Dec 2025 · Avior Merlin Venture LLP
Building Pavillion Residency - C
declared completion Jul 2019 · Avishkar Developers AND Builders
Building Wing A Phase I Sudarshan Apartment Karve Nagar Pune
declared completion Dec 2024 · Anubhavshri Realty Pvt. Ltd.
Bund Garden Project
possession by Apr 2028 · Lodha Developers Limited
Buniyad
declared completion Jun 2026 · Ranade Realtors LLP

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