MahaRERA Property Intelligence · Pune

ISLE OF LIFE - BUILDING B and C

P52100055011 · Marunji · promoter Ventures

Certificate SignedDue 31 Aug 2026

Delivery & Registration

MahaRERA registrationP52100055011
Registered on26 Feb 2024
Promoter-declared completion31 Aug 2026
Current statusCertificate Signed
Against today1 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.

Construction Progress

MahaRERA's cost filing puts construction at ~91.9% of the estimated project cost incurred as of the last certificate (₹30.32 Cr spent against a ₹32.97 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 330 homes filed with MahaRERA, 326 are sold/booked and 4 remain available (~99% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹71.32 Cr in agreement value so far. Of that, ₹53.66 Cr (~75%) is already collected, ₹17.66 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 326 registered agreements, the effective carpet rate is ₹11,554/sqft (typical range ₹11,518–₹13,654) — 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 1C-101191 sqft (17.7 sqm)₹15.75 Lakh
Floor 1C-102191 sqft (17.7 sqm)₹15.75 Lakh
Floor 1C-104191 sqft (17.7 sqm)₹15.75 Lakh
Floor 2C-204191 sqft (17.7 sqm)₹15.75 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+8 and 330 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building - B1G+8176-
Building - C1G+7154-

Unit mix on the filing: 330 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
31 Aug 202531 Aug 2026The project is facing delays due to a severe labor shortage, resulting in the unavailability of skilled workers. Additionally, the contractor's performance has been adversely affec

Location, Land & Connectivity

Located at Marunji, Survey No. 42/1, 42/2, 42/4, 42/5, 43/1/1, 43/1/2, 43/1/3, 43/1/4, 43/2/2, 43/2/3, , Pune City, Pune, 411033. Per the filed land record, the plot is bounded to the north by Plot B, to the south by 12 M Wide Road, to the east by Survey No 42 3 and to the west by Survey No 51. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~8378 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 Park8378 km
Baner–Balewadi belt8382 km
Pune Junction / city centre8392 km
Magarpatta / Hadapsar IT8397 km
Pune Int'l Airport (Lohegaon)8397 km
Kharadi / EON IT Park8399 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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Builder track record

R R Ventures is the promoter on 2 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).

Other flagged projects by R R Ventures

Other RERA-registered projects in Punawale

BVM Flora
possession by Jul 2026 · Sunny Naresh Nagdev
Miracle Mathura
possession by Jul 2026 · Miracle Builders And Developers
Sai Aarav
possession by Jul 2026 · Abhijit Prakash Borase
Samarth Paradise
possession by Aug 2026 · Samarth Associates
Vision ACE Commercial Phase I
possession by Sep 2026 · Vision ACE
7 Plumeria Drive- Phase 3
possession by Sep 2026 · B A Consulting

Major developers building in Punawale

Other RERA-registered projects in Pune

Itrend City Life
possession by Dec 2027 · Neev Sai Developers
Itrend Futura
possession by Dec 2028 · Highpoint Landmark LLP
Itrend Homes Phase-I
declared completion Dec 2022 · Highpoint Landmark LLP
Itrend Homes Phase II Wing B
declared completion Dec 2022 · Highpoint Landmark LLP
Itrend Homes Phase III
declared completion Dec 2022 · Highpoint Landmark LLP
Itrend Life
declared completion Sep 2023 · Neev Sai 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