MahaRERA Property Intelligence · Pune

LUXTON

PM1260002502043 · Wakad · promoter Neev Sai Developers

Certificate SignedDue 30 Jun 2030

Delivery & Registration

MahaRERA registrationPM1260002502043
Registered on12 Jan 2026
Promoter-declared completion30 Jun 2030
Current statusCertificate Signed
Against today47 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, Neev Sai Developers is the promoter of record on 16 projects, of which 4 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 ~3.7% of the estimated project cost incurred as of the last certificate (₹7.44 Cr spent against a ₹199.45 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 193 homes filed with MahaRERA, 117 are sold/booked (108 with registered agreements + 9 booked) and 76 remain available (~61% sold) — selling steadily. Buyers have committed ₹134.75 Cr in agreement value so far. Of that, ₹28.87 Cr (~21%) is already collected, ₹105.87 Cr receivable — a read on how far along these sales really are. Note: the project registers 201 homes in total, but this sold/unsold inventory filing covers only 193 of them — the other 8 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 117 registered agreements, the effective carpet rate is ₹12,484/sqft (typical range ₹12,079–₹13,528) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 8 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+35 and 201 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Commercial1G+215-
Tower 11G+4--
Tower 21G+56-
Tower 31G+35180-

Unit mix on the filing: 186 residential and 15 non-residential (shops/offices).

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 Wakad, Wakad Road, Haveli, Pune, 411057. Per the filed land record, the plot is bounded to the north by By 30 mtr Vide D.P. Road and village Boundary Tathwade, to the south by By Adjacent Survey No 112(Part), to the east by By Adjacent Survey No 122 and to the west by By Adjacent Survey No 111/1/2. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~5 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Baner–Balewadi belt5 km
Hinjewadi Rajiv Gandhi IT Park7 km
Pune Junction / city centre11 km
Pune Int'l Airport (Lohegaon)12 km
Kharadi / EON IT Park15 km
Magarpatta / Hadapsar IT16 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

Neev Sai Developers is the promoter on 6 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).

Other flagged projects by Neev Sai Developers

Other RERA-registered projects in Wakad

Fusion Towers Phase III
possession by Jul 2026 · Rama Synergy Spaces
ANP Bizsquare
possession by Jul 2026 · Five Star Vighnesh Associates
Olive Orchard
possession by Jul 2026 · Anandtara Properties
Fairmont
possession by Aug 2026 · Krishna Icon Skyscraper LLP
Varad Residency
possession by Sep 2026 · Vilas Bhagaji Arekar
ANP Memento
possession by Sep 2026 · Five Star Construction Company

Major developers building in Wakad

Other RERA-registered projects in Pune

Luxuria
possession by Aug 2026 · Prammukh Associates
Luxury Square
possession by Dec 2026 · M/s. Sanco Spaces
M And M Morya
declared completion Dec 2022 · Nilesh Baliram Barhate
M And M Terraza
declared completion Dec 2021 · Nilesh Baliram Barhate
M J Opera
declared completion Feb 2026 · M/S Shivdan Constructions
M K Apartment
declared completion Jun 2023 · M/S M K Properties

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