MahaRERA Property Intelligence · Pune

Elite Tower

P52100076767 · Patil Nagar · promoter Narayani Properties

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP52100076767
Registered on28 Jun 2024
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today17 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, Narayani Properties is the promoter of record on 16 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 ~41.2% of the estimated project cost incurred as of the last certificate (₹7.00 Cr spent against a ₹17.00 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.

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 47 homes filed with MahaRERA, 8 are sold/booked and 39 remain available (~17% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹2.59 Cr in agreement value so far. Of that, ₹1.52 Cr (~59%) is already collected, ₹1.07 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 8 registered agreements, the effective carpet rate is ₹8,614/sqft (typical range ₹7,364–₹9,516) — 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 1102529 sqft (49.16 sqm)₹26.79 Lakh
Floor 1104455 sqft (42.23 sqm)₹23.02 Lakh
Floor 1105461 sqft (42.86 sqm)₹23.36 Lakh
Floor 1106328 sqft (30.43 sqm)₹16.58 Lakh
Floor 2201425 sqft (39.51 sqm)₹21.53 Lakh
Floor 2202529 sqft (49.16 sqm)₹26.79 Lakh
Floor 2203380 sqft (35.31 sqm)₹19.24 Lakh
Floor 2204455 sqft (42.23 sqm)₹23.02 Lakh
Floor 2205461 sqft (42.86 sqm)₹23.36 Lakh
Floor 2206328 sqft (30.43 sqm)₹16.58 Lakh
Floor 3302529 sqft (49.16 sqm)₹26.79 Lakh
Floor 3304455 sqft (42.23 sqm)₹23.02 Lakh
Floor 3305461 sqft (42.86 sqm)₹23.36 Lakh
Floor 4402529 sqft (49.16 sqm)₹26.79 Lakh
Floor 4404455 sqft (42.23 sqm)₹23.02 Lakh
Floor 4405461 sqft (42.86 sqm)₹23.36 Lakh
Floor 5501425 sqft (39.51 sqm)₹21.53 Lakh
Floor 5502529 sqft (49.16 sqm)₹26.79 Lakh
Floor 5503380 sqft (35.31 sqm)₹19.24 Lakh
Floor 5504455 sqft (42.23 sqm)₹23.02 Lakh
Floor 5505461 sqft (42.86 sqm)₹23.36 Lakh
Floor 5506328 sqft (30.43 sqm)₹16.58 Lakh
Floor 6601425 sqft (39.51 sqm)₹21.53 Lakh
Floor 6602529 sqft (49.16 sqm)₹26.79 Lakh
Floor 6603380 sqft (35.31 sqm)₹19.24 Lakh
Floor 6604455 sqft (42.23 sqm)₹23.02 Lakh
Floor 6605461 sqft (42.86 sqm)₹23.36 Lakh
Floor 6606328 sqft (30.43 sqm)₹16.58 Lakh
Floor 7701425 sqft (39.51 sqm)₹21.53 Lakh
Floor 7702529 sqft (49.16 sqm)₹26.79 Lakh
Floor 7704599 sqft (55.65 sqm)₹30.33 Lakh
Floor 7705461 sqft (42.86 sqm)₹23.36 Lakh
Floor 7706328 sqft (30.43 sqm)₹16.58 Lakh
Floor 8801425 sqft (39.51 sqm)₹21.53 Lakh
Floor 8802529 sqft (49.16 sqm)₹26.79 Lakh
Floor 8803380 sqft (35.31 sqm)₹19.24 Lakh
Floor 8804455 sqft (42.23 sqm)₹23.02 Lakh
Floor 8805461 sqft (42.86 sqm)₹23.36 Lakh
Floor 8806328 sqft (30.43 sqm)₹16.58 Lakh

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+1 and 47 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Elite Tower Building-A1G+147-

Unit mix on the filing: 47 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 Patil Nagar, Dehu-Alandi Mai Road, Haveli, Pune, 411062. Per the filed land record, the plot is bounded to the north by Land of Shri Suresh More, to the south by Road, to the east by Remaining land of Gat No 1652 and to the west by Property of Mahadu More. 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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Major developers building in Chikhali

Other RERA-registered projects in Pune

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Ellanza Phase - B
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Ellora Enclave
possession by Jul 2028 · Abhirama Properties
Ellora Shopee
possession by Sep 2026 · Ellora Realities Private Limited
Ellora Towers
possession by Dec 2030 · Mangesh Dnyaneshwar Kahane

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