MahaRERA Property Intelligence · Pune

HAPPY MORNING

P52100051758 · NARAYANGAON · promoter Sandip Balkrishna Bangar

Certificate SignedDue 21 Feb 2026

Delivery & Registration

MahaRERA registrationP52100051758
Registered on27 Jun 2023
Promoter-declared completion21 Feb 2026
Current statusCertificate Signed
Against todayabout 5 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, Sandip Balkrishna Bangar is the promoter of record on 42 projects, of which 9 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 ~75.0% of the estimated project cost incurred as of the last certificate (₹5.85 Cr spent against a ₹7.80 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. The declared completion date has already passed while the cost-incurred filing sits at ~75.0% — a wide gap between the promise and the money actually spent on site.

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 23 homes filed with MahaRERA, 18 are sold/booked (17 with registered agreements + 1 booked) and 5 remain available (~78% sold) — selling steadily. Buyers have committed ₹7.45 Cr in agreement value so far. Of that, ₹6.80 Cr (~91%) is already collected, ₹64.66 Lakh receivable — a read on how far along these sales really are. Note: the project registers 40 homes in total, but this sold/unsold inventory filing covers only 23 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 18 registered agreements, the effective carpet rate is ₹3,722/sqft (typical range ₹3,054–₹5,229) — 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 1102622 sqft (57.8 sqm)₹14.70 Lakh
Floor 3301853 sqft (79.28 sqm)₹20.16 Lakh
Floor 3303566 sqft (52.6 sqm)₹13.37 Lakh
Ground/Floor 013,962 sqft (368.11 sqm)₹93.60 Lakh
Ground/Floor 0221,373 sqft (127.56 sqm)₹32.44 Lakh

⚠ The inventory filing also declares: 17 owner/investor-held. 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+5 and 40 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A SERIES ROW HOUSE1G+17-
A PLUS SERIES ROW HOUSE1G+16-
B SERIES ROW HOUSE1G+12-
B PLUS SERIES ROW HOUSE1G+15-
C SERIES ROW HOUSE1G+11-
D SERIES ROW HOUSE1G+13-
BUILDING A1G+515-
BUNGLOW1G+21-

Unit mix on the filing: 40 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.

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
22 Mar 202521 Feb 2026Financial constraints, Shortage of labour, etc. difficulties faced by the developer, hence project could not be completed within the stipulated time.

Location, Land & Connectivity

Located at NARAYANGAON, NARAYANGAON, Junnar, Pune, 410504. Per the filed land record, the plot is bounded to the north by SURVEY NUMBER 635 20 634 7 634 13 AND 640 13, to the south by SURVEY NUMBER 639, to the east by SURVEY NUMBER 634 13 AND 642 6 and to the west by KHODAD ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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 Narayangaon

Nirmiti Icon
possession by Aug 2026 · Nirmiti Developers
Crystal Tower
possession by Dec 2026 · Jadhav Civil Project
Divyata Park
possession by Dec 2026 · Shantaram J Gadhve
Vizion Galaxy D
possession by Dec 2026 · Vizion Construction
Landmark Paradise
possession by Jul 2027 · Landmark Promoters & Builders
Prime Vastu
possession by Jul 2027 · Prime Construction

Other RERA-registered projects in Pune

Happycity Talegaon
declared completion Dec 2022 · Namrata Developers
Happycity Varale
declared completion Dec 2022 · Namrata Developers Pvt. LTD
Happycity Varale
possession by Dec 2027 · Namrata Developers Private Limited
Hapus Home A12
declared completion Mar 2019 · Mega Spaces
Hare Krishna
declared completion Dec 2020 · Yash Construction Company
Hare Krishna Kunj
declared completion Jun 2026 · B G Promoters AND Builders

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