Mahanagar Realty
MahaRERA Property Intelligence · Pune
P52100001668 · Dhankwadi · promoter Mahanagar Realty
| MahaRERA registration | P52100001668 |
| Registered on | 29 Jul 2017 |
| Promoter-declared completion | 31 Dec 2028 |
| Current status | Certificate Signed |
| Against today | 29 months to 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, Mahanagar Realty is the promoter of record on 6 projects, of which 1 carries 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 ~21.1% of the estimated project cost incurred as of the last certificate (₹18.53 Cr spent against a ₹87.80 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 198 homes filed with MahaRERA, 74 are sold/booked (61 with registered agreements + 13 booked) and 124 remain available (~37% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹85.27 Cr in agreement value so far. Of that, ₹55.96 Cr (~66%) is already collected, ₹29.31 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 74 registered agreements, the effective carpet rate is ₹14,124/sqft (typical range ₹13,280–₹18,258) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.
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.
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+31 and 198 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Wing D | 1 | G+31 | 198 | - |
Unit mix on the filing: 192 residential and 6 non-residential (shops/offices).
1 complaint is 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 |
|---|---|---|---|
| CC12400033 | 05/09/2024 | kiran rajesh singh vs MAHANAGAR REALTY | order passed |
The promoter has declared 15 court cases on this project to MahaRERA. 6 are still pending. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.
| Court | Case no. | Year | Status |
|---|---|---|---|
| High Court | 301 | 2015 | Ongoing |
| Pmc | 668 | 2016 | Pending |
| Pmc | 1713 | 2019 | Ongoing |
| Maha Rera Appellate Tribunal | AT0O50O0OOO021309/21310/21311 | 2021 | Pending |
| Maha Rera Appellate Tribunal | AT005000000052215 | 2021 | Pending |
| Maha Rera Appellate Tribunal | AT005000000052216 | 2021 | Pending |
| Maha Rera Appellate Tribunal | AT005000000052217 | 2021 | Pending |
| High Court Of Judicature At Bombay | 281/283/282/285/286/288 | 2021 | Pending |
| High Court, Mumbai | 11524 | 2023 | Ongoing |
| High Court Mumbai | 14936 | 2023 | Ongoing |
| High Court Mumbai | 1510 | 2025 | Ongoing |
| High Court Mumbai | Order No 645 with IA No 12501 | 2024 | Ongoing |
| Civil Judge | 598 | 2023 | Ongoing |
| Civil Judge | 1028 | 2018 | Ongoing |
| Civil Judge | 1476 | 2023 | Ongoing |
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 Dec 2026 | 31 Dec 2028 | We had applied for the revision of sanctioned plans on 14/03/2022 (Payment Receipt Attached in other Tab - 22), and the project received the revised sanctioned plan along with the |
Located at Dhankwadi, Pune Satara Road, Pune City, Pune, 411040. Per the filed land record, the plot is bounded to the north by SURVEY NO 19-2, to the south by TRUCK TERMINAL, to the east by NALA and to the west by PUNE-SATARA ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~9 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Pune Junction / city centre | 7 km |
| Magarpatta / Hadapsar IT | 9 km |
| Kharadi / EON IT Park | 12 km |
| Baner–Balewadi belt | 13 km |
| Pune Int'l Airport (Lohegaon) | 14 km |
| Hinjewadi Rajiv Gandhi IT Park | 18 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 GANGA NAKSHATRA?
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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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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Mahanagar Realty is the promoter on 3 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).
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