MahaRERA Property Intelligence · Pune

KAIZEN

P52100012338 · SOPAN BAUG, BALEWADI · promoter Smile Housing

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP52100012338
Registered on01 Sep 2017
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today17 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, Smile Housing is the promoter of record on 16 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 64 homes filed with MahaRERA, 45 are sold/booked (40 with registered agreements + 5 booked) and 19 remain available (~70% sold) — selling steadily. Buyers have committed ₹30.63 Cr in agreement value so far. Of that, ₹26.84 Cr (~88%) is already collected, ₹3.45 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 45 registered agreements, the effective carpet rate is ₹8,271/sqft (typical range ₹6,299–₹10,238) — 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 1101824 sqft (76.56 sqm)₹61.23 Lakh
Floor 11051,075 sqft (99.89 sqm)₹79.89 Lakh
Floor 101001890 sqft (82.71 sqm)₹62.90 Lakh
Floor 101003728 sqft (67.66 sqm)₹58.22 Lakh
Floor 101003728 sqft (67.66 sqm)₹58.22 Lakh
Floor 101004810 sqft (75.21 sqm)₹64.36 Lakh
Floor 101005800 sqft (74.34 sqm)₹64.06 Lakh
Floor 2202830 sqft (77.09 sqm)₹61.66 Lakh
Floor 8801889 sqft (82.62 sqm)₹62.90 Lakh
Floor 8802904 sqft (83.97 sqm)₹64.03 Lakh
Floor 8804924 sqft (85.81 sqm)₹64.42 Lakh
Floor 8805914 sqft (84.95 sqm)₹64.14 Lakh
Floor 9901859 sqft (79.77 sqm)₹61.91 Lakh
Floor 9902914 sqft (84.91 sqm)₹64.30 Lakh
Floor 9903812 sqft (75.42 sqm)₹58.25 Lakh
Floor 9904933 sqft (86.64 sqm)₹64.63 Lakh
Floor 9905839 sqft (77.91 sqm)₹64.65 Lakh
Ground/Floor 011,097 sqft (101.87 sqm)₹76.11 Lakh
Ground/Floor 021,093 sqft (101.54 sqm)₹75.77 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+11 and 64 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Kaizen1G+1164-

Unit mix on the filing: 49 residential and 15 non-residential (shops/offices).

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00500000010651419/01/2022Kaizen Co-operative Housing Society Ltd., (society) vs Smile Housingorder passed

A co-operative housing society is the complainant here (Kaizen Co-operative Housing Society Ltd.,) and MahaRERA has already passed an order. On a redevelopment, that is the LANDOWNER society in dispute with its developer — a different order of risk from a single buyer's grievance, because it can touch the development rights, the society's consent, and ultimately the title to your flat. Have your lawyer read this order and the development agreement together before you commit.

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 Sep 202030 Mar 2020Water Proofing work of Lekage in Basement has to be done.
31 Mar 201931 Dec 2027Earlier completion date was for phase - I, accordingly part completion was taken. Now as per the order passed by MAHARERA. They have instructed us to complete the remaining work.

Location, Land & Connectivity

Located at SOPAN BAUG, BALEWADI, PLOT B, Pune City, Pune, 411045. Per the filed land record, the plot is bounded to the north by S NO 45 H 6, to the south by 9 M WIDE ROAD S NO 2, to the east by S NO 45 ROAD and to the west by S NO 45 H 10. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Baner–Balewadi belt2 km
Hinjewadi Rajiv Gandhi IT Park4 km
Pune Junction / city centre12 km
Pune Int'l Airport (Lohegaon)15 km
Magarpatta / Hadapsar IT17 km
Kharadi / EON IT Park18 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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Major developers building in Baner

Other RERA-registered projects in Pune

Kajal Co Operative Housing Society Ltd
declared completion Mar 2025 · Kotibhaskar Infrastructures &develop
Kaka Classic
declared completion Dec 2025 · Vidya Buildcon
Kaka Homes
declared completion Aug 2022 · Vidya Associates AND Developers
Kaka Nano Homes
declared completion Dec 2021 · Anita Dnyaneshwar Tapkir Proprietor Of V
Kaka Nano Homes
declared completion Dec 2024 · Vidya Developers
Kaka Nano Homes
possession by Dec 2026 · Vidya 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