MahaRERA Property Intelligence · Pune

MAHA TRADE MARKET PH- 2

P52100022645 · BIBWEWADI · promoter Jairaj Realty Llp

Certificate SignedDue 30 Jun 2027

Delivery & Registration

MahaRERA registrationP52100022645
Registered on09 Oct 2019
Promoter-declared completion30 Jun 2027
Current statusCertificate Signed
Against today11 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, Jairaj Realty Llp is the promoter of record on 12 projects, of which 1 carries 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 ~43.4% of the estimated project cost incurred as of the last certificate (₹185.45 Cr spent against a ₹427.52 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. With only ~11 months to the declared date and ~43.4% of the cost incurred, ask the promoter how the balance gets built in the time left.

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 1317 homes filed with MahaRERA, 756 are sold/booked (755 with registered agreements + 1 booked) and 561 remain available (~57% sold) — selling steadily. Buyers have committed ₹514.50 Cr in agreement value so far. Of that, ₹295.14 Cr (~57%) is already collected, ₹219.36 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 756 registered agreements, the effective carpet rate is ₹23,049/sqft (typical range ₹15,927–₹32,772) — 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+9 and 1317 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building Zone A B C D E21G+9131730 Dec 2025

Unit mix on the filing: 1317 non-residential (shops/offices).

Complaints & Orders

11 complaints are on the MahaRERA record for this project, with orders passed in 8. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00500000029026931/01/2024Sandeep Subhash Bafna vs JAIRAJ REALTY LLPorder passed
CC00500000037096620/05/2024Jairaj Realty Unit 9 LLP vs IBICON PRIVATE LIMITEDorder passed
CC00500000037096720/05/2024Jairaj Realty Unit 9 LLP vs Parihar Mehanti Munnalalorder passed
CC00500000041108810/06/2024Jairaj Realty Unit 9 LLP vs Ibicon Private Limitedorder passed
CC1250012713/01/2025Jairaj Realty Unit 9 LLP vs Mr Sandeep Subhash Bafna (Allottee)order passed
CC1250165121/05/2025sandeep kharbanda vs JAIRAJ REALTY LLPorder passed
CC1250161717/05/2025Anil Udaysingh Tanwar vs JAIRAJ REALTY LLPorder passed
CC1250194413/06/2025Jairaj Realty Unit 9 LLP vs Mr Yashwant Balaso Ghorpadepending / no order on file
CC1250194513/06/2025Jairaj Realty Unit 9 LLP vs Mr Yash Mathuriapending / no order on file
CC1250341424/09/2025pooja sumeet malhotra vs JAIRAJ REALTY LLPorder passed
CC1260110428/02/2026Anil Udaysingh Tanwar vs JAIRAJ REALTY LLPpending / no order on file

Legal & Litigation

The promoter has declared 5 court cases on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Shri. Patil8372022Ongoing
Shri. Pawar352024Ongoing
Shri. Patil14952024Ongoing
Shri. Pawar13292024Ongoing
Shri. Dongare9182024Ongoing

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
30 Dec 202530 Jun 2027As per order of the Hon'ble Chairman (MahaRERA) Dated 05/02/2026 we request you kindly to grant us extension till 30/06/2027.

Location, Land & Connectivity

Located at BIBWEWADI, MUNJERI PARISHAR, Pune City, Pune, 411037. Per the filed land record, the plot is bounded to the north by S NO 578, to the south by S NO 627, to the east by 30 MTR WIDE DP ROAD and to the west by S NO 576. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~8287 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Hinjewadi Rajiv Gandhi IT Park8287 km
Baner–Balewadi belt8291 km
Pune Junction / city centre8301 km
Magarpatta / Hadapsar IT8306 km
Pune Int'l Airport (Lohegaon)8306 km
Kharadi / EON IT Park8308 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

Jairaj Realty LLP is the promoter on 2 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 Jairaj Realty LLP

Other RERA-registered projects in Bibwewadi

Celia Phase 2
Not filing quarterly progress reports · possession by Jul 2026 · Enerrgia Developers
Ravindu
possession by Jul 2026 · Shubh Ventures
Siddhachal - A1
possession by Jul 2026 · Viraj Properties (now Known As Viraj Pro
Indian Bank Staff CO-Operative Housing Society LTD
possession by Aug 2026 · Raichandani Constructions Private Limite
Siddhi -Siddhachal
possession by Aug 2026 · Bhairav Promoters Unit Number 1
Osian Navkar
possession by Sep 2026 · Osian Realty

Major developers building in Bibwewadi

Other RERA-registered projects in Pune

Mahadeo Dreams
declared completion May 2026 · Shree Ganesh Associates
Mahadev Heights
declared completion Mar 2022 · Nilesh Kisanrao Jawalkar
Mahadev Park
declared completion Mar 2023 · Omkar Developers & Associates
Mahadev Prangan
possession by Dec 2027 · Swami Sparsh Infra
Mahadkar Residency
declared completion Jul 2019 · P.v,mahadkar And Associates
Mahakaleshwar Paradise Building B
possession by Jun 2027 · Chandrakant Deepaji Khamitkar

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