MahaRERA Property Intelligence · Pune

Indrashri

P52100079940 · Dahanukar colony · promoter Bhandari Buildcon Llp

Certificate SignedDue 30 Jun 2027

Delivery & Registration

MahaRERA registrationP52100079940
Registered on07 Apr 2025
Promoter-declared completion30 Jun 2027
Current statusCertificate Signed
Against today11 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, Bhandari Buildcon Llp is the promoter of record on 42 projects, of which 2 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 ~57.5% of the estimated project cost incurred as of the last certificate (₹3.74 Cr spent against a ₹6.50 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 12 homes filed with MahaRERA, 3 are sold/booked (1 with registered agreements + 2 booked) and 9 remain available (~25% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹3.92 Cr in agreement value so far. Of that, ₹2.96 Cr (~75%) is already collected, ₹96.56 Lakh receivable — a read on how far along these sales really are. Note: the project registers 23 homes in total, but this sold/unsold inventory filing covers only 12 of them — the other 11 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.

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 1102547 sqft (50.82 sqm)₹56.15 Lakh
Floor 1103591 sqft (54.94 sqm)₹60.70 Lakh
Floor 1104680 sqft (63.21 sqm)₹69.84 Lakh
Floor 3302542 sqft (50.31 sqm)₹55.59 Lakh
Floor 3303587 sqft (54.58 sqm)₹60.31 Lakh
Floor 4401607 sqft (56.35 sqm)₹62.26 Lakh
Floor 4404486 sqft (45.15 sqm)₹49.89 Lakh
Floor 5503832 sqft (77.27 sqm)₹85.38 Lakh
Floor 7701900 sqft (83.64 sqm)₹92.41 Lakh

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+2 and 23 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building A-11G+223-

Unit mix on the filing: 23 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.

Location, Land & Connectivity

Located at Dahanukar colony, Karve Road, Pune City, Pune, 411038. Per the filed land record, the plot is bounded to the north by Plot No 71 of Dhanukar Colony, to the south by Plot no 69 of Dhanukar Colony, to the east by Plot no 80 of Dhanukar Colony and to the west by Lane no no 8. 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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Major developers building in Kothrud

Other RERA-registered projects in Pune

Indrayan
declared completion Dec 2017 · Gruha Navnirman Developers
Indrayani
declared completion Dec 2021 · Mangalmurti Construction AND Developers
Indrayani Complex
declared completion Feb 2022 · Saptshrungi Associeats
Indrayani Hills
declared completion Dec 2022 · Varad Landmark
Indrayani Puram
declared completion Dec 2024 · Shivkrupa Developers
Indrayani Riverview Residency
declared completion Jun 2026 · Shreenath Developers

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