MahaRERA Property Intelligence · Pune

Falcon Towers at Riverview City

P52100032051 · Kadamwakwasti · promoter Riverview City Constructions

Certificate SignedDue 02 Jun 2025

Delivery & Registration

MahaRERA registrationP52100032051
Registered on03 Dec 2021
Promoter-declared completion02 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, Riverview City Constructions is the promoter of record on 6 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.

Sales & Inventory

Of 1169 homes filed with MahaRERA, 1148 are sold/booked (1135 with registered agreements + 13 booked) and 21 remain available (~98% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹794.72 Cr in agreement value so far. Of that, ₹676.89 Cr (~85%) is already collected, ₹117.82 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 1148 registered agreements, the effective carpet rate is ₹8,156/sqft (typical range ₹7,350–₹8,504) — 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 1A-1011,015 sqft (94.28 sqm)₹57.13 Lakh
Floor 1A-1041,015 sqft (94.28 sqm)₹57.13 Lakh
Floor 1A-1051,015 sqft (94.28 sqm)₹57.13 Lakh
Floor 1A-1071,071 sqft (99.49 sqm)₹61.29 Lakh
Floor 1A-1081,015 sqft (94.28 sqm)₹57.13 Lakh
Floor 1G-1041,015 sqft (94.28 sqm)₹57.13 Lakh
Floor 1G-1051,015 sqft (94.28 sqm)₹57.13 Lakh
Floor 18G-18041,015 sqft (94.28 sqm)₹61.42 Lakh
Floor 19A-19051,015 sqft (94.28 sqm)₹61.42 Lakh
Floor 2A-2011,015 sqft (94.28 sqm)₹57.13 Lakh
Floor 2A-2081,015 sqft (94.28 sqm)₹57.13 Lakh
Floor 2D-203787 sqft (73.09 sqm)₹42.22 Lakh
Floor 20A-20011,015 sqft (94.28 sqm)₹61.42 Lakh
Floor 20A-20071,071 sqft (99.49 sqm)₹65.88 Lakh
Floor 20G-20051,015 sqft (94.28 sqm)₹61.42 Lakh
Floor 21B-2108904 sqft (84.03 sqm)₹54.95 Lakh
Floor 21D-2104787 sqft (73.09 sqm)₹46.45 Lakh
Floor 21F-2104904 sqft (84.03 sqm)₹54.95 Lakh
Floor 21F-2105904 sqft (84.03 sqm)₹54.95 Lakh
Floor 21G-21051,015 sqft (94.28 sqm)₹62.85 Lakh
Floor 3A-3011,015 sqft (94.28 sqm)₹57.13 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+24 and 1169 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
D1G+24167-
A1G+24167-
G1G+24167-
B1G+24167-
C1G+24167-
E1G+24167-
F1G+24167-

Unit mix on the filing: 1169 residential.

Complaints & Orders

2 complaints are on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC1250163821/05/2025Sunil Kokane vs Riverview City Constructions Ltdpending / no order on file
CC1250178630/05/2025Himanshu Ahuja vs Riverview City Constructions Ltdpending / no order on file

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 Apr 202502 Jun 2025The Completion Date as per MahaRERA Registration Certificate was 30.04.2025. Accordingly, the Appendix H Form for Completion certificate was submitted to the Hon. Chief Executive O

Location, Land & Connectivity

Located at Kadamwakwasti, Riverview City, Haveli, Pune, 412201. Per the filed land record, the plot is bounded to the north by Sector RVC 2, to the south by 18 M wide Road, to the east by Garden Park RVG 5 and to the west by Service 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 ~26 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Magarpatta / Hadapsar IT26 km
Kharadi / EON IT Park29 km
Pune Junction / city centre29 km
Pune Int'l Airport (Lohegaon)33 km
Baner–Balewadi belt38 km
Hinjewadi Rajiv Gandhi IT Park43 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

Riverview City Constructions Ltd 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).

Other flagged projects by Riverview City Constructions Ltd

Riverview City Constructions Ltd
FlaggedPune
Riverview City Constructions Ltd
FlaggedPune
Riverview City Constructions Ltd
FlaggedPune

Other RERA-registered projects in Loni Kalbhor

Keshavyog Residency
possession by Dec 2026 · Siddhivinayak Builders
Muktai Park Phase II
possession by Dec 2026 · Shivshakti Buildcon
Platinum Nirvana
possession by Dec 2026 · Platinum Developers
Swami Homes
possession by Jan 2027 · S S Developers
Krishnai Residency
possession by Mar 2027 · Ivana Properties
Vrindavan Park
possession by Apr 2027 · MAP Developers

Other RERA-registered projects in Pune

Favolosa
declared completion Mar 2019 · Abhilasha Developers
Feel Bliss Phase-I
declared completion Sep 2020 · Maple Ravima Realtors
Felicia
declared completion May 2024 · Aryavedant Promoters & Builders
Felicia Wing A
declared completion Jun 2026 · Anand Builders
Felicita
declared completion Nov 2020 · M/s Vyankatesh Builders And Developers
Felicita
declared completion Nov 2020 · Abhiraj Developers

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