MahaRERA Property Intelligence · Pune

ELYSIA TOWERS

P52100027702 · BHUMKAR NAGAR · promoter Bhakti Builders

Certificate SignedDue 30 Jun 2025

Delivery & Registration

MahaRERA registrationP52100027702
Registered on31 Dec 2020
Promoter-declared completion30 Jun 2025
Current statusCertificate Signed
Against todayabout 13 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, Bhakti Builders is the promoter of record on 36 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.

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+15.

BuildingWingsFloorsDeclared completion
A WING1G+15-
B Wing1G+15-

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. 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
30 Dec 202430 Jun 2025The project has been delayed by only four months due to the unexpected demise of a key partner. However, the project is now 95% complete, with the remaining work being carried out

Location, Land & Connectivity

Located at BHUMKAR NAGAR, KARPE NAGAR, Haveli, Pune, 411057. Per the filed land record, the plot is bounded to the north by REMAINING AREA OF SURVEY NO 116, to the south by SURVEY NO 118, to the east by REMAINING AREA OF SURVEY NO 116 and to the west by 24 METER DP 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 ~159 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Pune Int'l Airport (Lohegaon)158 km
Kharadi / EON IT Park159 km
Magarpatta / Hadapsar IT162 km
Pune Junction / city centre166 km
Baner–Balewadi belt172 km
Hinjewadi Rajiv Gandhi IT Park174 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

Bhakti Builders is the promoter on 7 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 Bhakti Builders

Other RERA-registered projects in Wakad

Fusion Towers Phase III
possession by Jul 2026 · Rama Synergy Spaces
ANP Bizsquare
possession by Jul 2026 · Five Star Vighnesh Associates
Olive Orchard
possession by Jul 2026 · Anandtara Properties
Fairmont
possession by Aug 2026 · Krishna Icon Skyscraper LLP
Varad Residency
possession by Sep 2026 · Vilas Bhagaji Arekar
ANP Memento
possession by Sep 2026 · Five Star Construction Company

Major developers building in Wakad

Other RERA-registered projects in Pune

Elysium
declared completion Jun 2024 · Anand Yashwant Buchade
Emanate
declared completion Mar 2018 · Amit Shashikant Golande
Emerald
declared completion Nov 2020 · Avantika Shriniwas Pownikar
Emerald
declared completion Jun 2025 · Scon HD
Emerald Bay Building 10
possession by Dec 2029 · Pune Projects LLP
Emerald Bay Building 11
possession by Dec 2026 · Pune Projects 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