MahaRERA · the public record
KARMA ICONIC
MUNDHAWA · KARMA BUILDERS
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Registration read 12 Jul 2026Progress & dates
The timeline on file.
Available record
No construction trend to plot.
The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.
declared completion
30 Jun 2027
The registered date and a construction update answer different questions. Neither is a confirmation of possession.
MahaRERA registration · read 12 Jul 2026
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MahaRERA · P52100026329
Delivery and registration
When is the project declared for completion?
KARMA ICONIC is registered with MahaRERA as P52100026329 and the promoter has declared completion for 30 Jun 2027.
30 Jun 2027
declared completion
9months to go
against the declared date
The completion date and status as they stand on the MahaRERA registration record.
Source · MahaRERA project registration · read 12 Jul 2026
| MahaRERA registration | P52100026329 |
| Registered on | 11 Sep 2020 |
| Promoter-declared completion | 30 Jun 2027 |
| Current status | Certificate Signed |
| Against today | 9 months to the declared date |
Approvals and compliance
What compliance filings are on record?
MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for KARMA ICONIC record 23 quarterly progress reports since registration.
23quarterly filings
Entries as they appear on MahaRERA's own lists and the project's progress filing.
Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026
- Filing progress reports — 23 quarterly progress reports on record since registration, with no current default.
Promoter record
What else is this promoter on record for?
Karma Builders is the promoter of record on 40 projects registered with MahaRERA, 8 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).
40projects
registered with MahaRERA
8flagged
by MahaRERA
Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.
Source · MahaRERA register, all projects · read 12 Jul 2026
Construction
How much construction cost has been reported?
In KARMA ICONIC, ₹21.96 Cr of a declared ₹29.89 Cr estimated project cost is reported as incurred, about 73.5%, as at the last certified filing with MahaRERA.
73.5%
₹21.96 Cr
of ₹29.89 Cr declared cost
Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.
Source · MahaRERA quarterly progress filing · read 12 Jul 2026
Sales
How much has actually been sold?
In KARMA ICONIC, 78 of 136 homes filed with MahaRERA are recorded as sold or booked (77 with registered agreements and 1 booked), about 57%, and 58 remain available.
57%sold
78 of 136 homes
₹36.56 Cr
committed by buyers
Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹28.78 Cr (about 79%) is recorded as collected and ₹7.78 Cr as receivable. The project registers 162 homes in total, while this sold/unsold inventory filing covers 136 of them.
Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026
What buyers actually paid: across 78 registered agreements, the effective carpet rate is ₹7,333/sqft, with eight in ten falling between ₹6,371 and ₹8,591 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.
The inventory filing also declares: 26 owner/investor-held.
What the filings record, home by home
Read from MahaRERA on 17 September 2026
MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 79 homes carry one, and 57 of the 162 are recorded unsold. Since we started watching this ledger, 4 homes have moved out of the unsold list, most recently on 08 September 2026.
Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:
| Home | Carpet | Filed for the same home on other floors | Based on |
|---|---|---|---|
| C-1001 | 610 sqft | Rs 44.75 lakh typical, over Rs 37.35 lakh to Rs 60.20 lakh | 56 filed at this size |
A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.
In KARMA ICONIC, every one of the 57 unsold homes has agreements filed on its own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.
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+16 and 162 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| B | 1 | G+16 | 54 | - |
| C | 1 | G+16 | 54 | - |
| A | 1 | G+16 | 54 | - |
Unit mix on the filing: 162 residential.
Legal and disputes
What disputes are disclosed?
2 complaints are on the MahaRERA record for KARMA ICONIC, with orders passed in 1 of them.
2complaints
1with an order
Counts as disclosed in the project record.
Source · MahaRERA project disclosures · read 12 Jul 2026
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12502574 | 26/07/2025 | Ravindra Vijay Kumar Valsetwar vs KARMA BUILDERS | pending / no order on file |
| CC12503718 | 21/10/2025 | Sambhu Laxman Gambhire vs KARMA BUILDERS | order passed |
Deadline Extensions
The MahaRERA completion deadline for this project has been formally extended 2 times, as recorded on the register.
| From | Extended to | Stated reason |
|---|---|---|
| as registered | 30 Jun 2026 | We, the promoters of Karma Iconic, respectfully seek a 12-month extension of project registration under the second proviso of Section 6 of the Real Estate (Regulation and Developme |
| 30 Jun 2026 | 30 Jun 2027 | Respected Sir/Madam, We, the promoters of Karma Iconic, registered with the Authority under Registration No. P52100026329, humbly submit this application seeking extension of proje |
Location, Land & Connectivity
Located at MUNDHAWA, KESHAVNAGAR, Pune City, Pune, 411036. Per the filed land record, the plot is bounded to the north by BY LAND BELONGING TO THE MUNICIPAL CORPORATION, to the south by BY 24 METER WIDE D P ROAD, to the east by BY 9 TO 14 HISSA NO 1-62 MUNDHAWA and to the west by BY S NO 9 TO 14 HISSA NO 1-60 MUNDHAWA. These are the boundaries as recorded in the filed land record.
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.
| Landmark | Straight-line |
|---|---|
| Pune Int'l Airport (Lohegaon) | 158 km |
| Kharadi / EON IT Park | 159 km |
| Magarpatta / Hadapsar IT | 162 km |
| Pune Junction / city centre | 166 km |
| Baner–Balewadi belt | 172 km |
| Hinjewadi Rajiv Gandhi IT Park | 174 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.