MahaRERA Property Intelligence · Pune

FUSION TOWERS PHASE II

P52100019797 · Hinjawadi - Phase III · promoter Rama Synergy Spaces

Certificate SignedDue 30 Dec 2022

Delivery & Registration

MahaRERA registrationP52100019797
Registered on05 Mar 2019
Promoter-declared completion30 Dec 2022
Current statusCertificate Signed
Against todayabout 43 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, Rama Synergy Spaces is the promoter of record on 39 projects, of which 3 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 ~99.8% of the estimated project cost incurred as of the last certificate (₹26.35 Cr spent against a ₹26.41 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 110 homes filed with MahaRERA, 107 are sold/booked and 3 remain available (~97% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹48.04 Cr in agreement value so far. Of that, ₹45.67 Cr (~95%) is already collected, ₹2.37 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 107 registered agreements, the effective carpet rate is ₹8,675/sqft (typical range ₹8,133–₹9,643) — 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 2201515 sqft (47.81 sqm)₹28.67 Lakh
Floor 2202509 sqft (47.25 sqm)₹28.97 Lakh
Floor 2208515 sqft (47.81 sqm)₹28.67 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+16 and 110 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building - C1G+1611031 Dec 2021

Unit mix on the filing: 110 residential.

Complaints & Orders

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

Complaint no.FiledPartiesStatus
CC00500000031054103/03/2024Shashank Tiwari vs M/S RAMA SYNERGY SPACESorder passed
CC1250294121/08/2025Shashank Tiwari vs RAMA SYNERGY SPACESorder passed

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 times. 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 202230 Sep 2024Due to unavoidable circumstances beyond our control, the Completion Certificate received from Authority was dated 10th May, 2024 i.e. a couple of months after our project completio
30 Dec 202230 Dec 2023Due to the unavoidable circumstances beyond our control, we are few months behind the planned schedule for completion of the above said project. Therefore in lieu of the above, we

Location, Land & Connectivity

Located at Hinjawadi - Phase III, MIDC Main Road, Haveli, Pune, 411057. Per the filed land record, the plot is bounded to the north by By S No 41-5 Plot no B1, to the south by Balance phase of Fusion Towers, to the east by By S No 21 and Balance phase of Fusion Towers and to the west by Part of Fusion Towers Phase 1. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~6 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Hinjewadi Rajiv Gandhi IT Park6 km
Baner–Balewadi belt10 km
Pune Junction / city centre21 km
Pune Int'l Airport (Lohegaon)25 km
Magarpatta / Hadapsar IT27 km
Kharadi / EON IT Park27 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

Rama Synergy Spaces is the promoter on 15 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).

See every Rama Synergy Spaces project & its RERA track record →

Other flagged projects by Rama Synergy Spaces

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

Fusion Towers Phase III
possession by Jul 2026 · Rama Synergy Spaces
Fusion Towers Phase IV
possession by Dec 2026 · Rama Synergy Spaces
Futura
declared completion Dec 2018 · Eon Hadapsar Infrastructure Pvt Ltd
Future City
declared completion May 2024 · Arihant Reality
Future Elite
declared completion Mar 2025 · Future Homes
G G Capital
possession by Aug 2026 · GG Builders AND 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