MahaRERA Property Intelligence · Pune

MAHALAXMI ELEGANCE

P52100053680 · UNDRI · promoter Mahalaxmi Construction

Certificate SignedDue 01 Sep 2030

Delivery & Registration

MahaRERA registrationP52100053680
Registered on22 Nov 2023
Promoter-declared completion01 Sep 2030
Current statusCertificate Signed
Against today50 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.

Sales & Inventory

Of 113 homes filed with MahaRERA, 10 are sold/booked and 103 remain available (~9% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹3.71 Cr in agreement value so far. Of that, ₹1.12 Cr (~30%) is already collected, ₹2.35 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 10 registered agreements, the effective carpet rate is ₹8,311/sqft (typical range ₹5,172–₹17,225) — 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+7 and 113 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
MAHALAXMI ELEGANCE 11G+7113-

Unit mix on the filing: 23 residential and 90 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 UNDRI, KATRAJ MANTARWADI ROAD, Haveli, Pune, 411060. Per the filed land record, the plot is bounded to the north by BY KATRAJ MANTARWADI ROAD, to the south by BY S NO 55-2-1, to the east by BY S NO 55-2-2 and to the west by BY PRIVATE ROAD AND S NO 57 58 P. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~7 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Magarpatta / Hadapsar IT7 km
Pune Junction / city centre10 km
Kharadi / EON IT Park12 km
Pune Int'l Airport (Lohegaon)15 km
Baner–Balewadi belt19 km
Hinjewadi Rajiv Gandhi IT Park24 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

Mahalaxmi Construction is the promoter on 9 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:

See every Mahalaxmi Construction project & its RERA track record →

Other flagged projects by Mahalaxmi Construction

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Past its declared completion datePune

Other RERA-registered projects in Undri

Lodha Pune Nibm Project
possession by Jul 2026 · Lodha Developers Limited
Samarth Rise
possession by Aug 2026 · Shri Samarth Developers
Fortune Prima
possession by Sep 2026 · Satish Shivlal Kokate
Arnav Sokande Patil Plaza
possession by Nov 2026 · Sokande Patil Prom & Developers
Raheja Sterling - Tower 3
possession by Nov 2026 · Cavalcade Properties PVT LTD
ARV Regalia
possession by Dec 2026 · Unitree India Realty LLP

Major developers building in Undri

Other RERA-registered projects in Pune

Mahalaxmi Heights
possession by Dec 2026 · Mahalaxmi Developers
Mahalaxmi Heights
declared completion Dec 2022 · Mahalaxmi Builders & Developers
Mahalaxmi Heights
declared completion Dec 2022 · Mahendra Gulabchand Rathod
Mahalaxmi Heights
possession by Dec 2026 · Mahalaxmi Associates
Mahalaxmi Icon
declared completion Jan 2022 · Shree Swami Samarth Buildcon
Mahalaxmi Icon
declared completion Oct 2025 · Akash Developers

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