MahaRERA Property Intelligence · Pune

GAGAN MYRA

P52100050157 · Kondhwa Budruk · promoter Gagan Galaxy Realty

Certificate SignedDue 30 Jun 2029

Delivery & Registration

MahaRERA registrationP52100050157
Registered on21 Mar 2023
Promoter-declared completion30 Jun 2029
Current statusCertificate Signed
Against today35 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, Gagan Galaxy Realty is the promoter of record on 50 projects, of which 11 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 ~30.6% of the estimated project cost incurred as of the last certificate (₹35.67 Cr spent against a ₹116.66 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 343 homes filed with MahaRERA, 220 are sold/booked (209 with registered agreements + 11 booked) and 123 remain available (~64% sold) — selling steadily. Buyers have committed ₹139.30 Cr in agreement value so far. Of that, ₹85.54 Cr (~61%) is already collected, ₹53.75 Cr receivable — a read on how far along these sales really are. Note: the project registers 360 homes in total, but this sold/unsold inventory filing covers only 343 of them — the other 17 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 220 registered agreements, the effective carpet rate is ₹9,403/sqft (typical range ₹8,974–₹9,834) — 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: 17 reserved. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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 360 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
WING-C1G+2488-
WING-D1G+2488-
WING-A (SALE+INCLUSIVE HOUSING)1G+2488-
WING-B (SALE+INCLUSIVE HOUSING)1G+2488-
WING-E (COMMERCIAL)1G+38-

Unit mix on the filing: 352 residential and 8 non-residential (shops/offices).

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
31 Dec 202730 Jun 2029Newly added 3 buildings as per disclosure given to the allottees while registering the ATS.

Location, Land & Connectivity

Located at Kondhwa Budruk, -, Pune City, Pune, 411048. Per the filed land record, the plot is bounded to the north by Balance land at Sr No 18 Hissa No 2A-4-1, to the south by H M Royal Society, to the east by Kumar Palmgrove Society and to the west by 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 ~7 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Magarpatta / Hadapsar IT7 km
Pune Junction / city centre8 km
Kharadi / EON IT Park11 km
Pune Int'l Airport (Lohegaon)14 km
Baner–Balewadi belt16 km
Hinjewadi Rajiv Gandhi IT Park21 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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Other RERA-registered projects in Kondhwa Bk

Alcon Signare
possession by Jul 2026 · Alcon Builders
Vrundavan Residency
possession by Sep 2026 · Gangai Developers
Krushna Chayya
possession by Sep 2026 · Shree Mahalaxmi Builder AND Developars
Majestic Pride
possession by Oct 2026 · Anwar Mahmoo Shaikh
Krishna Kunj
possession by Nov 2026 · Bace India Developers
THE Latitude - D
possession by Dec 2026 · Ahura Builders

Major developers building in Kondhwa Bk

Other RERA-registered projects in Pune

Gagan Nulife Phase 1
declared completion Mar 2018 · Gagan Lifespace
Gagan Nulife Phase 2
declared completion Sep 2022 · Gagan Lifespace
Gagan Nulife Phase 3
declared completion Oct 2025 · Gagan Lifespace
Gagan Nulife Phase 4
declared completion Oct 2025 · Gagan Lifespace
Gagan Nulife Phase 5
declared completion Apr 2024 · Gagan Lifespace
Gagan Panama Phase 1
declared completion Nov 2022 · Gagan Panama Buildscapes 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