MahaRERA Property Intelligence · Pune

Hills and Lakes

P52100054235 · Bhushi, Lonavala · promoter Rajnir Associates

Certificate SignedDue 30 Jun 2026

Delivery & Registration

MahaRERA registrationP52100054235
Registered on09 Jan 2024
Promoter-declared completion30 Jun 2026
Current statusCertificate Signed
Against todayabout 1 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, Rajnir Associates is the promoter of record on 3 projects, of which none currently 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.

Sales & Inventory

Of 25 homes filed with MahaRERA, 5 are sold/booked and 20 remain available (~20% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹3.80 Cr in agreement value so far. Of that, ₹2.37 Cr (~62%) is already collected, ₹1.43 Cr receivable — a read on how far along these sales really are. Note: the project registers 34 homes in total, but this sold/unsold inventory filing covers only 25 of them — the other 9 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 5 registered agreements, the effective carpet rate is ₹8,551/sqft (typical range ₹7,390–₹9,836) — 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 110893 sqft (83 sqm)₹48.52 Lakh
Floor 113861 sqft (80 sqm)₹46.77 Lakh
Floor 15947 sqft (88 sqm)₹51.44 Lakh
Floor 16807 sqft (75 sqm)₹43.84 Lakh
Floor 19829 sqft (77 sqm)₹45.01 Lakh
Floor 218883 sqft (82 sqm)₹47.94 Lakh
Floor 219829 sqft (77 sqm)₹45.01 Lakh
Floor 221904 sqft (84 sqm)₹49.11 Lakh
Floor 222829 sqft (77 sqm)₹45.01 Lakh
Floor 223861 sqft (80 sqm)₹46.77 Lakh
Floor 325818 sqft (76 sqm)₹44.43 Lakh
Floor 326883 sqft (82 sqm)₹47.94 Lakh
Floor 327829 sqft (77 sqm)₹45.01 Lakh
Floor 328893 sqft (83 sqm)₹48.52 Lakh
Floor 330829 sqft (77 sqm)₹45.01 Lakh
Ground/Floor 02829 sqft (77 sqm)₹45.01 Lakh
Ground/Floor 03861 sqft (80 sqm)₹46.77 Lakh
Ground/Floor 04947 sqft (88 sqm)₹51.44 Lakh
Ground/Floor 0G - 1807 sqft (75 sqm)₹43.84 Lakh
Ground/Floor 0G - 3657 sqft (61 sqm)₹35.66 Lakh

⚠ The inventory filing also declares: 9 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+3 and 34 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building - A1G+334-

Unit mix on the filing: 34 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
30 Jun 202530 Jun 2026We apologize for the delay in the completion of the project and the submission of this request. The delay has occurred due to unforeseen circumstances, including procurement issues

Location, Land & Connectivity

Located at Bhushi, Lonavala, Survey No - 55/2, Near Tata Lake, Mumbai City, Mumbai City, 410401. Per the filed land record, the plot is bounded to the north by Survey No 55-1, to the south by 15M Wise DP Road, to the east by Survey No - 32 and to the west by Survey No 158. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~39 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Hinjewadi Rajiv Gandhi IT Park39 km
Baner–Balewadi belt44 km
Pune Junction / city centre55 km
Pune Int'l Airport (Lohegaon)57 km
Kharadi / EON IT Park60 km
Magarpatta / Hadapsar IT60 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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Other RERA-registered projects in Pune

Hills View
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Hillshore 1,2,3,4,5,6,7,8,9,10,11 LCL - 0012
declared completion Dec 2025 · Lavasa Corporation Ltd
Hillside Apartment
declared completion May 2018 · Pratik Chandrakant Bhide
Hillside Apartment 4th Floor
declared completion Jun 2023 · Pratik Chandrakant Bhide
Hillside Residency
declared completion Dec 2022 · Rajshree Landmark LLP
Hillside, Viva, Pirangut
declared completion Sep 2024 · K Raheja Corp Real Estate Private Limite

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