MahaRERA Property Intelligence · Pune

DWARKA PROJECT 5

P52100077980 · CHAKAN · promoter Naiknavare Housing Developments

Certificate SignedDue 30 Jun 2027

Delivery & Registration

MahaRERA registrationP52100077980
Registered on14 Nov 2024
Promoter-declared completion30 Jun 2027
Current statusCertificate Signed
Against today11 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, Naiknavare Housing Developments is the promoter of record on 34 projects, of which none currently 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 ~22.5% of the estimated project cost incurred as of the last certificate (₹4.50 Cr spent against a ₹20.00 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. With only ~11 months to the declared date and ~22.5% of the cost incurred, ask the promoter how the balance gets built in the time left.

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 143 homes filed with MahaRERA, 81 are sold/booked and 62 remain available (~57% sold) — selling steadily. Buyers have committed ₹19.31 Cr in agreement value so far. Of that, ₹9.37 Cr (~49%) is already collected, ₹10.05 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 81 registered agreements, the effective carpet rate is ₹5,525/sqft (typical range ₹5,278–₹6,301) — 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+12 and 143 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BUILDING C431G+12143-

Unit mix on the filing: 143 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 CHAKAN, CHAKAN TALEGAON ROAD, Pune City, Pune, 410501. Per the filed land record, the plot is bounded to the north by SECTOR 2A, to the south by PLOT 1C, to the east by 12 MTR WIDE ROAD and to the west by BUILDING C41 AND C42. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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

Naiknavare Housing Developments PVT LTD is the promoter on 2 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by Naiknavare Housing Developments PVT LTD

Naiknavare Housing Developments PVT LTD
FlaggedPune

Other RERA-registered projects in Chakan

Vallabh Heights
possession by Sep 2026 · G R Developers
Shree Samarth Shrushti
possession by Sep 2026 · Jagdamba Developers
Swapnapurti Heights
Not filing quarterly progress reports · possession by Oct 2026 · B R Developers
Richmond
possession by Oct 2026 · Coral Shubh Builders
Mungase Towers
possession by Dec 2026 · Mr Santosh Vasudev Mungase
Chakan High Street
possession by Dec 2026 · Chakan Business HUB LLP

Major developers building in Chakan

Other RERA-registered projects in Pune

Dwarka Project2
possession by Dec 2027 · Naiknavarehousingdevelopementspvtltd
Dwarka Project3
declared completion Jun 2026 · Naiknavarehousingdevelopementspvtltd
Dwarka Residency Wing-A
declared completion Jun 2019 · Shri Pandurang Maruti Kachare
Dwarka SAI
declared completion Jan 2021 · G K Fortune
Dwarka Sai Paramount New Phase
declared completion Dec 2021 · Haresh Premchand Chandwani
Dwarka SAI Phase 2
declared completion Jun 2023 · G K Fortune

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