MahaRERA Property Intelligence · Pune

ESPACIO - A AND B

P52100025098 · BALEWADI · promoter Knight West Realty

Certificate SignedDue 30 Dec 2026

Delivery & Registration

MahaRERA registrationP52100025098
Registered on18 Mar 2020
Promoter-declared completion30 Dec 2026
Current statusCertificate Signed
Against today5 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, Knight West Realty is the promoter of record on 4 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 ~100.8% of the estimated project cost incurred as of the last certificate (₹50.16 Cr spent against a ₹49.76 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 96 homes filed with MahaRERA, 91 are sold/booked and 5 remain available (~95% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹95.05 Cr in agreement value so far. Of that, ₹91.12 Cr (~96%) is already collected, ₹3.93 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 91 registered agreements, the effective carpet rate is ₹13,279/sqft (typical range ₹9,329–₹14,509) — 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 4401883 sqft (82.06 sqm)₹78.20 Lakh
Floor 6601885 sqft (82.2 sqm)₹78.34 Lakh
Floor 6602982 sqft (91.19 sqm)₹86.90 Lakh
Floor 6603982 sqft (91.19 sqm)₹86.90 Lakh
Floor 6604716 sqft (66.56 sqm)₹63.43 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+14 and 96 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A1G+1448-
B1G+1248-

Unit mix on the filing: 96 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 BALEWADI, S NO 38 H NO 8B, Haveli, Pune, 411045. Per the filed land record, the plot is bounded to the north by S NO 38-8A - BALEWADI, to the south by DP ROAD, to the east by DP ROAD and to the west by S NO 38-9 - BALEWADI. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Baner–Balewadi belt2 km
Hinjewadi Rajiv Gandhi IT Park4 km
Pune Junction / city centre12 km
Pune Int'l Airport (Lohegaon)16 km
Magarpatta / Hadapsar IT18 km
Kharadi / EON IT Park18 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

Knight West Realty LLP is the promoter on 4 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).

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Other RERA-registered projects in Baner

7 Business BAY
possession by Jul 2026 · Saaj Buildcon Private Limited
Maitreya
Not filing quarterly progress reports · possession by Jul 2026 · Vaibhav Shamrao Taro
Mercury
possession by Aug 2026 · SB Real Estate Private Limited
Aarambh
possession by Aug 2026 · ADI Realtors
Nancy Hillview A-1
possession by Aug 2026 · M/S Sarsan Aawishkar Properties
Truspace Platina
possession by Aug 2026 · Atharva Developments

Major developers building in Baner

Other RERA-registered projects in Pune

Espacio - Commercial
declared completion Jun 2025 · Knight West Realty LLP
Espacio - Wing C D AND E/mhada
declared completion Dec 2025 · Knight West Realty LLP
Espree Eminence
declared completion Dec 2022 · Espree Realtors
Essencia Heights
declared completion Dec 2023 · Sanskruti & Aditya Associates
Essenciya
declared completion Jun 2026 · M/s. Flynirvanna Builder LLP
Essenseia2
declared completion Oct 2018 · Aruna Ashok Bhat

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