MahaRERA Property Intelligence · Pune

Kohinoor Sapphire III

P52100033835 · Tathawade · promoter Rising Associates

Certificate SignedDue 28 Feb 2026

Delivery & Registration

MahaRERA registrationP52100033835
Registered on08 Mar 2022
Promoter-declared completion28 Feb 2026
Current statusCertificate Signed
Against todayabout 5 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, Rising Associates 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 ~101.2% of the estimated project cost incurred as of the last certificate (₹756.27 Cr spent against a ₹747.00 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 480 homes filed with MahaRERA, 462 are sold/booked and 18 remain available (~96% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹308.27 Cr in agreement value so far. Of that, ₹302.97 Cr (~98%) is already collected, ₹6.08 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 462 registered agreements, the effective carpet rate is ₹8,602/sqft (typical range ₹8,220–₹8,954) — 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 171701492 sqft (45.72 sqm)₹29.18 Lakh
Floor 171701467 sqft (43.36 sqm)₹27.67 Lakh
Floor 171702651 sqft (60.45 sqm)₹38.58 Lakh
Floor 171707676 sqft (62.81 sqm)₹40.08 Lakh
Floor 171708676 sqft (62.81 sqm)₹40.08 Lakh
Floor 181801651 sqft (60.45 sqm)₹38.58 Lakh
Floor 181802651 sqft (60.45 sqm)₹38.58 Lakh
Floor 181807676 sqft (62.81 sqm)₹40.08 Lakh
Floor 181808676 sqft (62.81 sqm)₹40.08 Lakh
Floor 191901651 sqft (60.45 sqm)₹38.58 Lakh
Floor 191904786 sqft (72.98 sqm)₹46.57 Lakh
Floor 191905681 sqft (63.28 sqm)₹40.38 Lakh
Floor 202001681 sqft (63.28 sqm)₹40.38 Lakh
Floor 202001651 sqft (60.45 sqm)₹38.58 Lakh
Floor 202002676 sqft (62.81 sqm)₹40.08 Lakh
Floor 202006681 sqft (63.28 sqm)₹40.38 Lakh
Floor 202007676 sqft (62.81 sqm)₹40.08 Lakh
Floor 202008676 sqft (62.81 sqm)₹40.08 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+22 and 480 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Tower C1G+22100-
Tower D1G+22120-
Tower A1G+22160-
Tower B1G+22100-

Unit mix on the filing: 480 residential.

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
CC1240058426/10/2024SANDIP SAHEBRAO PAWAR vs RISING ASSOCIATESorder passed

Location, Land & Connectivity

Located at Tathawade, S No 41/2 and S No 27/1A/16, Pune City, Pune, 411033. Per the filed land record, the plot is bounded to the north by S No 27 Part and S No 41 Part, to the south by S No 41 Part and S No 42, to the east by S No 27 Part and to the west by 18 mtr Wide DP Road and S No 42 Part. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~4 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Hinjewadi Rajiv Gandhi IT Park4 km
Baner–Balewadi belt7 km
Pune Junction / city centre16 km
Pune Int'l Airport (Lohegaon)18 km
Kharadi / EON IT Park21 km
Magarpatta / Hadapsar IT21 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

Rising Associates is the promoter on 12 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).

See every Rising Associates project & its RERA track record →

Other flagged projects by Rising Associates

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
Isle OF Life - Building B And C
possession by Aug 2026 · R R Ventures
Vision ACE Commercial Phase I
possession by Sep 2026 · Vision ACE

Major developers building in Punawale

Other RERA-registered projects in Pune

Kohinoor Satori Mahalunge
possession by Dec 2029 · Intofinity Promoters Private Limited
Kohinoor Shangrila Phase 2
declared completion Dec 2025 · Kohinoor Properties
Kohinoor Shangrila Phase I
declared completion Dec 2018 · Kohinoor Properties
Kohinoor Uptown Avenue
possession by Dec 2029 · Moonstone Realinfra Private Limited
Kohinoor Viva Pixel- Phase I
declared completion Jun 2026 · Rising Associates
Kohinoor Viva Pixel- Phase II
possession by Jun 2028 · Rising Associates

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