MahaRERA Property Intelligence · Pune

KRYSTAL ONE PHASE I

P52100030567 · Chikhali · promoter Rama Spaces

Certificate SignedDue 30 Oct 2025

Delivery & Registration

MahaRERA registrationP52100030567
Registered on01 Sep 2021
Promoter-declared completion30 Oct 2025
Current statusCertificate Signed
Against todayabout 9 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.

Construction Progress

MahaRERA's cost filing puts construction at ~100.0% of the estimated project cost incurred as of the last certificate (₹49.60 Cr spent against a ₹49.60 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 224 homes filed with MahaRERA, 224 are sold/booked (222 with registered agreements + 2 booked) and 0 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹94.76 Cr in agreement value so far. Of that, ₹92.42 Cr (~98%) is already collected, ₹2.34 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 224 registered agreements, the effective carpet rate is ₹7,048/sqft (typical range ₹6,716–₹7,401) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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+16 and 224 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A Wing1G+16112-
B Wing1G+16112-

Unit mix on the filing: 224 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 Oct 202430 Oct 2025Due to the unavoidable circumstances beyond our control, we are few months behind the planned schedule for completion of the above said project

Location, Land & Connectivity

Located at Chikhali, Dehu Alandi Road, Haveli, Pune, 412114. Per the filed land record, the plot is bounded to the north by Part of Future Phase of Krystal One, to the south by 24 mtr wide main road, to the east by Part of Gat no 96 and 97 P and to the west by Part of Gat No 95. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~15 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Pune Int'l Airport (Lohegaon)14 km
Hinjewadi Rajiv Gandhi IT Park15 km
Baner–Balewadi belt15 km
Pune Junction / city centre18 km
Kharadi / EON IT Park19 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

Rama Spaces is the promoter on 6 MahaRERA-registered projects, of which 1 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

Other flagged projects by Rama Spaces

Rama Spaces
Past its declared completion datePune

Other RERA-registered projects in Chikhali

Aishwaryam Hamara Gaurav
possession by Aug 2026 · SAI Essen Developers
Krystal ONE Phase II
possession by Aug 2026 · Rama Spaces
Prasanna Paradise
possession by Sep 2026 · Paras Properties
Adhya Radhakrishna C Wing
possession by Oct 2026 · Adhya Properties
Aishwaryam ONE Moshi
possession by Dec 2026 · SAI Essen Developers
Apna Market
possession by Dec 2026 · Universal Developments

Other RERA-registered projects in Pune

Krystal ONE Phase II
possession by Aug 2026 · Rama Spaces
Krystal ONE Phase III
possession by Dec 2026 · Rama Spaces
Krystal One Phase IV
possession by Dec 2027 · Rama Spaces
Krystal World Phase I
declared completion Sep 2023 · Rama Spaces
Kshithi
declared completion Mar 2022 · G AND S Associates
Kshitij
declared completion Jun 2023 · RVK Realty

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