MahaRERA Property Intelligence · Pune

HERAMB PLAZA

P52100026196 · SOMWAR PETH · promoter Brick Nest Properties

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP52100026196
Registered on29 Aug 2020
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today5 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, Brick Nest Properties is the promoter of record on 42 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 ~210.0% of the estimated project cost incurred as of the last certificate (₹8.17 Cr spent against a ₹3.89 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 33 homes filed with MahaRERA, 33 are sold/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 ₹18.09 Cr in agreement value so far. Of that, ₹18.02 Cr (~100%) is already collected, ₹6.62 Lakh receivable — a read on how far along these sales really are. Note: the project registers 53 homes in total, but this sold/unsold inventory filing covers only 33 of them — the other 20 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 33 registered agreements, the effective carpet rate is ₹10,575/sqft (typical range ₹5,898–₹34,598) — 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: 20 not for sale. 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+8 and 53 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
HERAMB PLAZA1G+853-

Unit mix on the filing: 49 residential and 4 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 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 Nov 202431 May 2025Building work completed, Application for occupation certificate to be submit in PMC.
30 Nov 202431 Dec 2026The project completion has been delayed due to circumstances beyond the control of the promoter. The project was adversely affected by delays in statutory approvals, disruption in

Location, Land & Connectivity

Located at SOMWAR PETH, 60/2, Pune City, Pune, 411011. Per the filed land record, the plot is bounded to the north by CTS 95, to the south by 10 M PMC ROAD, to the east by CTS 59 and to the west by CTS 64. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~159 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Pune Int'l Airport (Lohegaon)158 km
Kharadi / EON IT Park159 km
Magarpatta / Hadapsar IT162 km
Pune Junction / city centre166 km
Baner–Balewadi belt172 km
Hinjewadi Rajiv Gandhi IT Park174 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 →

Free · Watch this project

We'll email you when this project's RERA record changes.

Something went wrong — email hello@quietlist.in.

✓ You're watching — we'll email you if the RERA record changes.

Other RERA-registered projects in Kasba Peth

Anandi Madhav Smruti
possession by Dec 2026 · Sehgnor Developers LLP
72 Residence
Not filing quarterly progress reports · possession by Dec 2026 · Sunil Bapusaheb Shinde
Antriksh Towers
possession by Dec 2026 · AUM Cityscapes LLP
Antriksh Towers 22-32
possession by Dec 2026 · AUM Cityscapes LLP
Bhoishwaram
possession by Dec 2026 · M/s Aparna Builders
Dhanalaxmi Sanskriti
possession by Dec 2026 · Shubh Realty

Other RERA-registered projects in Pune

Heramb Residency
declared completion Mar 2026 · Ushamangalya Developers
Herambh Elite
declared completion Mar 2026 · Avinash Jaywant Durgade
Heritage
declared completion Apr 2019 · Galaxy Realty
Heritage
possession by Dec 2026 · M/S Shilpkaar Buildcon
Heritage 28
declared completion Dec 2025 · Kalyani Buildcon
Heritage Gold
possession by Dec 2026 · Heritage Buildcon

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