Gera Developments Private Limited
MahaRERA Property Intelligence · Pune
P52100022744 · Upper Kharadi Pune · promoter Gera Developments Private
| MahaRERA registration | P52100022744 |
| Registered on | 16 Oct 2019 |
| Promoter-declared completion | 30 Dec 2027 |
| Current status | Certificate Signed |
| Against today | 17 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, 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.
MahaRERA's cost filing puts construction at ~100.0% of the estimated project cost incurred as of the last certificate (₹158.10 Cr spent against a ₹158.10 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 320 homes filed with MahaRERA, 320 are sold/booked (319 with registered agreements + 1 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 ₹388.99 Cr in agreement value so far. Of that, ₹357.30 Cr (~92%) is already collected, ₹31.90 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 320 registered agreements, the effective carpet rate is ₹12,212/sqft (typical range ₹11,134–₹13,922) — 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+17 and 320 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Tower H | 1 | G+17 | 42 | - |
| Tower I | 1 | G+16 | 84 | - |
| Tower J | 1 | G+16 | 56 | - |
| Tower K | 1 | G+16 | 82 | - |
| Tower L | 1 | G+16 | 56 | - |
Unit mix on the filing: 306 residential and 14 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 |
|---|---|---|---|
| CC005000000471260 | 15/07/2024 | Gera Developments Private Limited vs Mrs. Divya Khandelwal | order passed |
The promoter has declared 3 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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Civil Court Pune | 1504 | 2018 | Closed |
| Civil Court Pune | 1848 | 2019 | Ongoing |
| District | 154 | 2020 | Closed |
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 | 30 Dec 2027 | Project was registered in October 2019, however sales and construction of the project is not yet commenced due to market conditions. Now we are getting the said project launched an |
Located at Upper Kharadi Pune, 24m RP road, Haveli, Pune, 412207. Per the filed land record, the plot is bounded to the north by By Part OS of Geras WOJ and part project L and D, to the south by By proposed 24mtr wide road and GAT NO 1284 beyond, to the east by By Part open space of Geras WOJ and Part Project L and to the west by By Part Geras WOJ D and proposed 24mtr wide road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~1 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Kharadi / EON IT Park | 1 km |
| Pune Int'l Airport (Lohegaon) | 3 km |
| Magarpatta / Hadapsar IT | 5 km |
| Pune Junction / city centre | 7 km |
| Baner–Balewadi belt | 16 km |
| Hinjewadi Rajiv Gandhi IT Park | 21 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 Geras World of Joy M?
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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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 →
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