MahaRERA Property Intelligence · Pune

Geras Isle Royale Tower 4 and 5

P52100011031 · Bavdhan · promoter Gera Developments Private

Certificate SignedDue 31 Dec 2030

Delivery & Registration

MahaRERA registrationP52100011031
Registered on31 Aug 2017
Promoter-declared completion31 Dec 2030
Current statusCertificate Signed
Against today53 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, Gera Developments Private is the promoter of record on 46 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 ~2.4% of the estimated project cost incurred as of the last certificate (₹2.44 Cr spent against a ₹101.07 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 42 homes filed with MahaRERA, 10 are sold/booked (3 with registered agreements + 7 booked) and 32 remain available (~24% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹30.80 Cr in agreement value so far. Of that, ₹4.01 Cr (~13%) is already collected, ₹26.87 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 10 registered agreements, the effective carpet rate is ₹15,577/sqft (typical range ₹13,826–₹18,139) — 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 14 BHK1,977 sqft (183.7 sqm)₹1.51 Cr
Floor 14 BHK1,977 sqft (183.7 sqm)₹1.51 Cr
Floor 104 BHK1,972 sqft (183.24 sqm)₹1.51 Cr
Floor 104 BHK1,972 sqft (183.24 sqm)₹1.51 Cr
Floor 111 BHK319 sqft (29.63 sqm)₹24.36 Lakh
Floor 111 BHK319 sqft (29.63 sqm)₹24.36 Lakh
Floor 24 BHK1,972 sqft (183.24 sqm)₹1.51 Cr
Floor 24 BHK1,972 sqft (183.24 sqm)₹1.51 Cr
Floor 24 BHK1,972 sqft (183.24 sqm)₹1.51 Cr
Floor 24 BHK1,972 sqft (183.24 sqm)₹1.51 Cr
Floor 34 BHK1,977 sqft (183.7 sqm)₹1.51 Cr
Floor 34 BHK1,977 sqft (183.7 sqm)₹1.51 Cr
Floor 34 BHK1,977 sqft (183.7 sqm)₹1.51 Cr
Floor 34 BHK1,977 sqft (183.7 sqm)₹1.51 Cr
Floor 44 BHK1,972 sqft (183.24 sqm)₹1.51 Cr
Floor 44 BHK1,972 sqft (183.24 sqm)₹1.51 Cr
Floor 44 BHK1,972 sqft (183.24 sqm)₹1.51 Cr
Floor 44 BHK1,972 sqft (183.24 sqm)₹1.51 Cr
Floor 54 BHK1,977 sqft (183.7 sqm)₹1.51 Cr
Floor 54 BHK1,977 sqft (183.7 sqm)₹1.51 Cr
Floor 54 BHK1,977 sqft (183.7 sqm)₹1.51 Cr
Floor 64 BHK1,972 sqft (183.24 sqm)₹1.51 Cr
Floor 64 BHK1,972 sqft (183.24 sqm)₹1.51 Cr
Floor 64 BHK1,972 sqft (183.24 sqm)₹1.51 Cr
Floor 74 BHK1,977 sqft (183.7 sqm)₹1.51 Cr
Floor 74 BHK1,977 sqft (183.7 sqm)₹1.51 Cr
Floor 74 BHK1,977 sqft (183.7 sqm)₹1.51 Cr
Floor 84 BHK1,972 sqft (183.24 sqm)₹1.51 Cr
Floor 84 BHK1,972 sqft (183.24 sqm)₹1.51 Cr
Floor 84 BHK1,972 sqft (183.24 sqm)₹1.51 Cr
Floor 94 BHK1,977 sqft (183.7 sqm)₹1.51 Cr
Floor 94 BHK1,977 sqft (183.7 sqm)₹1.51 Cr

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+14 and 42 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Block A1G+142130 Apr 2024
Block B1G+142130 Apr 2024

Unit mix on the filing: 42 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Legal & Litigation

The promoter has declared 15 court cases on this project to MahaRERA. 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.

CourtCase no.YearStatus
Civil Court Pune7612004Closed
High Court Bombay16562009Closed
Civil Court Pune4932010Ongoing
Civil Court Pune11732010Closed
Civil Court Pune20272012Closed
Civil Court Pune4012012Ongoing
Civil Court Pune16642014Ongoing
Civil Court Pune12132017Ongoing
Civil Court Pune18582019Closed
Civil Court Pune7972019Ongoing
Civil Court Pune18792017Closed
Civil Court Pune3972011Closed
Civil Court Paud14782025Ongoing
Civil Court Paud492025Ongoing
Civil Court Paud5132025Ongoing

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 Apr 202430 Apr 2027We, hereby apply for extension u/s 7 (3) of the registered project bearing registration number P52100011031. Project was registered in August 2017. We Gera Developments Private Li
30 Apr 202431 Dec 2030he construction activities of the project undertaken by Gera Developments Private Limited had not commenced as the revised Commencement Certificate (CC) was awaited. The revised CC

Location, Land & Connectivity

Located at Bavdhan, Bhavdhan, Haveli, Pune, 411021. Per the filed land record, the plot is bounded to the north by part of PlotA24of 1 BDP and Sno23 beyond, to the south by internal road and part of PlotAsno24of1, to the east by part of plot A Sno24of 1and BDP beyond and to the west by part of amenity reservation and part of PlotA24of1. 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
Baner–Balewadi belt7 km
Pune Junction / city centre11 km
Hinjewadi Rajiv Gandhi IT Park11 km
Magarpatta / Hadapsar IT16 km
Pune Int'l Airport (Lohegaon)18 km
Kharadi / EON IT Park18 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

Gera Developments Private Limited is the promoter on 27 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 Gera Developments Private Limited project & its RERA track record →

Other flagged projects by Gera Developments Private Limited

Gera Developments Private Limited
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Gera Developments Private Limited
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Other RERA-registered projects in Bavdhan

Window Cooperative Housing Society Limited 131/1
possession by Jul 2026 · Windows Co-Operative Housing Society Ltd
Rising Hills
possession by Aug 2026 · Not Available
Purva Aspire
possession by Sep 2026 · Puravankara Limited
Marvel Selva Ridge Villa 6, 9, 11, 12
Developer in insolvency (NCLT) · possession by Dec 2026 · Marvel Omega Builders PVT LTD
Reelicon Fairy Bell
possession by Dec 2026 · Reelicon Red Homes Private Limited
Green Mint
possession by Dec 2026 · Sunil Vishwanath Salunke

Major developers building in Bavdhan

Other RERA-registered projects in Pune

Geras Joy On The Tree Tops Project B
possession by Dec 2031 · Gera Projects Private Limited
Geras Misty Waters
declared completion Jun 2023 · Gera Developments Private Limited
Geras Planet Of Joy Project I
declared completion Dec 2025 · Gera Developments Private Limited
Geras Planet Of Joy Project II
possession by Dec 2026 · Gera Developments Private Limited
Geras Planet Of Joy Project III
possession by Dec 2026 · Gera Developments Private Limited
Geras Planet Of Joy Project IV
possession by Dec 2026 · Gera Developments Private Limited

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