Krystal One Phase IV

Delivery & Registration

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.

• Filing progress reports — 9 quarterly progress reports on record since registration, with no current default.

Construction Progress

MahaRERA's cost filing puts construction at ~98.6% of the estimated project cost incurred as of the last certificate (₹50.76 Cr spent against a ₹51.49 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 222 homes filed with MahaRERA, 194 are sold/booked (172 with registered agreements + 22 booked) and 28 remain available (~87% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹87.57 Cr in agreement value so far. Of that, ₹64.63 Cr (~74%) is already collected, ₹22.94 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 194 registered agreements, the effective carpet rate is ₹7,064/sqft (typical range ₹6,672–₹7,734) — 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:

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+15 and 222 homes are registered across the project.

Unit mix on the filing: 222 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.

Location, Land & Connectivity

Located at Chikhali, Adjacent to Dehu- Alandi Road , Haveli, Pune, 411062. Per the filed land record, the plot is bounded to the north by Gat No 94 P, to the south by Open space of Krystal One to the South, to the east by Part of future Phase to the East and to the west by Part of Phase 3 - D Wing to the West. 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.

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.

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:

• Krystal World Phase I — Past its declared completion date

Other flagged projects by Rama Spaces

Other RERA-registered projects in Chikhali

Major developers building in Chikhali

Other RERA-registered projects in Pune

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.