Foresta Phase II
MahaRERA Property Intelligence · Pune
P52100031158 · NEAR Mahindra United World College India · promoter Machi Suites Llp
| MahaRERA registration | P52100031158 |
| Registered on | 11 Oct 2021 |
| Promoter-declared completion | 05 Sep 2025 |
| Current status | Certificate Signed |
| Against today | about 10 months past the declared date |
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.
Across MahaRERA, Machi Suites Llp is the promoter of record on 2 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.
MahaRERA's cost filing puts construction at ~100.0% of the estimated project cost incurred as of the last certificate (₹11.90 Cr spent against a ₹11.90 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.
Of 48 homes filed with MahaRERA, 48 are sold/booked and 0 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹19.41 Cr in agreement value so far. Of that, ₹16.00 Cr (~82%) is already collected, ₹3.41 Cr receivable — a read on how far along these sales really are. Note: the project registers 60 homes in total, but this sold/unsold inventory filing covers only 48 of them — the other 12 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
What buyers actually paid: across 48 registered agreements, the effective carpet rate is ₹20,065/sqft (typical range ₹14,547–₹27,590) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.
⚠ The inventory filing also declares: 12 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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+2 and 60 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| BLDG 01 | 1 | G+2 | 60 | - |
Unit mix on the filing: 60 residential.
2 complaints are on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12500478 | 12/02/2025 | Manish Sood vs MACHI SUITES LLP | order passed |
| CC12604446 | 17/07/2026 | Ayaz Munaf Khan vs MACHI SUITES LLP | pending / no order on file |
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 |
|---|---|---|
| 06 Sep 2024 | 05 Sep 2025 | The delay is majorly due to significant Material shortages, which severely have impacted the construction timeline, delaying important stages of project. However, we are nearing th |
Located at NEAR Mahindra United World College India, PAUD BHADAS ROAD, Haveli, Pune, 412108. Per the filed land record, the plot is bounded to the north by 376, to the south by 387 388, to the east by 376 and to the west by 389 390. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~17 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.
| Landmark | Straight-line |
|---|---|
| Hinjewadi Rajiv Gandhi IT Park | 17 km |
| Baner–Balewadi belt | 20 km |
| Pune Junction / city centre | 30 km |
| Pune Int'l Airport (Lohegaon) | 35 km |
| Magarpatta / Hadapsar IT | 36 km |
| Kharadi / EON IT Park | 37 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.
🔒 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.
🔒 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.
Should you buy in Foresta Phase I?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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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