Centropolis
MahaRERA Property Intelligence · Pune
P52100004910 · Shivaji Nagar · promoter Pride Construction And
| MahaRERA registration | P52100004910 |
| Registered on | 09 Aug 2017 |
| 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.
Across MahaRERA, Pride Construction And is the promoter of record on 123 projects, of which 18 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.
Of 55 homes filed with MahaRERA, 11 are sold/booked and 44 remain available (~20% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹5.69 Cr in agreement value so far. Of that, ₹4.73 Cr (~83%) is already collected, ₹95.49 Lakh 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 11 registered agreements, the effective carpet rate is ₹5,798/sqft (typical range ₹5,326–₹7,748) — 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.
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+8 and 55 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| DEmerald Tower | 1 | G+8 | 55 | - |
Unit mix on the filing: 55 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 |
|---|---|---|---|
| CC005000000022997 | 07/05/2019 | Dr. Pushpalata Dwarkanath Chaubal vs M/s. Deserve Emerald Realty Pvt. Ltd. | order passed |
The promoter has had the MahaRERA completion deadline formally extended 4 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 2025 | 31 Dec 2025 | DUE TO COVID-19 AND PERMISSION DELAY THE PROJECT WAS NOT ABLE TO GET COMPLETED ON TIME. WE WOULD LIKE TO REQUEST YOU TO FURTHER GRANT US EXTENSION TILL 31/12/2025 |
| 31 Dec 2025 | 30 Jun 2021 | As there were many trees, it was affecting our construction purpose, therefore we had applied to the concerned authority to Pune Corporation. We would like to inform you that we ha |
| 31 Dec 2025 | 31 Mar 2022 | DUE TO COVID-19 AND PERMISSION DELAY THE PROJECT WAS NOT ABLE TO GET COMPLETED ON TIME. WE WOULD LIKE TO REQUEST YOU TO FURTHER GRANT US EXTENSION TILL 31st MARCH 2022 |
| 31 Dec 2025 | 31 Dec 2023 | DUE TO COVID-19 AND PERMISSION DELAY THE PROJECT WAS NOT ABLE TO GET COMPLETED ON TIME. WE WOULD LIKE TO REQUEST YOU TO FURTHER GRANT US EXTENSION FOR 12 MONTHS |
Located at Shivaji Nagar, Welleselly Road, Panvel, Raigarh, 411005. Per the filed land record, the plot is bounded to the north by Internal Road, to the south by Final Plot No 70, to the east by Final Plot No 69 part and to the west by 12m Access Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~14 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.
| Landmark | Straight-line |
|---|---|
| Magarpatta / Hadapsar IT | 14 km |
| Kharadi / EON IT Park | 17 km |
| Pune Junction / city centre | 19 km |
| Pune Int'l Airport (Lohegaon) | 21 km |
| Baner–Balewadi belt | 29 km |
| Hinjewadi Rajiv Gandhi IT Park | 34 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 DEmerald Tower?
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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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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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