MahaRERA Property Intelligence · Pune

Deven Radhakrishna

P52100021892 · CTS no 229, Rastapeth, Pune · promoter Deven Radhakrishna

Certificate SignedDue 31 Jul 2025

Delivery & Registration

MahaRERA registrationP52100021892
Registered on08 Aug 2019
Promoter-declared completion31 Jul 2025
Current statusCertificate Signed
Against todayabout 12 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, Deven Radhakrishna is the promoter of record on 8 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 ~81.6% of the estimated project cost incurred as of the last certificate (₹1.31 Cr spent against a ₹1.61 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 ~81.6% — 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 5 homes filed with MahaRERA, 3 are sold/booked and 2 remain available (~60% sold) — selling steadily. Buyers have committed ₹1.15 Cr in agreement value so far. Of that, ₹1.13 Cr (~98%) is already collected, ₹2.83 Lakh receivable — a read on how far along these sales really are. Note: the project registers 10 homes in total, but this sold/unsold inventory filing covers only 5 of them — the other 5 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
StiltShop 1369 sqft (34.28 sqm)₹44.91 Lakh
StiltShop 2267 sqft (24.79 sqm)₹32.47 Lakh

⚠ The inventory filing also declares: 5 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+6 and 10 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Deven Radhakrishna1G+610-

Unit mix on the filing: 7 residential and 3 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.

Location, Land & Connectivity

Located at CTS no 229, Rastapeth, Pune , CTS no 229, Rastapeth, Pune , Aurangabad, Aurangabad, 411011. Per the filed land record, the plot is bounded to the north by CTS no 230 Rastapeth Pune, to the south by Municipal lane, to the east by CTS no 228 Rastapeth Pune and to the west 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 ~6 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Pune Junction / city centre1 km
Magarpatta / Hadapsar IT6 km
Kharadi / EON IT Park9 km
Pune Int'l Airport (Lohegaon)9 km
Baner–Balewadi belt10 km
Hinjewadi Rajiv Gandhi IT Park16 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 Kasba Peth

Anandi Madhav Smruti
possession by Dec 2026 · Sehgnor Developers LLP
72 Residence
Not filing quarterly progress reports · possession by Dec 2026 · Sunil Bapusaheb Shinde
Antriksh Towers
possession by Dec 2026 · AUM Cityscapes LLP
Antriksh Towers 22-32
possession by Dec 2026 · AUM Cityscapes LLP
Bhoishwaram
possession by Dec 2026 · M/s Aparna Builders
Dhanalaxmi Sanskriti
possession by Dec 2026 · Shubh Realty

Other RERA-registered projects in Pune

Devesh Enclave
possession by Dec 2026 · Devesh Developers Joint Venture
Deveshwar Tekadi- Phase I- Building: A,b,c,d,e
possession by Dec 2026 · Mahadrishti Spaces LLP
Devghar
declared completion Apr 2019 · Bagwan Infratech
Devgiri Park
possession by Dec 2027 · Unique Developers
Devi Crest
declared completion Dec 2019 · Devi Construction LLP
Devi Heights
declared completion Jan 2018 · Devi Prime Space Property Developers Pri

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