Ramdas Damodar Phuge Proprietor Of Bhagyalaxmi Infrastructure And Realty
MahaRERA Property Intelligence · Pune
P52100029682 · Bhosari · promoter Ramdas Damodar Phuge
| MahaRERA registration | P52100029682 |
| Registered on | 26 Jun 2021 |
| Promoter-declared completion | 29 Jun 2025 |
| Current status | Certificate Signed |
| Against today | about 13 months past the declared date |
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.
Across MahaRERA, Ramdas Damodar Phuge is the promoter of record on 9 projects, of which 2 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.
MahaRERA's cost filing puts construction at ~66.2% of the estimated project cost incurred as of the last certificate (₹6.69 Cr spent against a ₹10.11 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. The declared completion date has already passed while the cost-incurred filing sits at ~66.2% — a wide gap between the promise and the money actually spent on site.
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.
Of 45 homes filed with MahaRERA, 6 are sold/booked (4 with registered agreements + 2 booked) and 39 remain available (~13% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹4.50 Cr in agreement value so far. Of that, ₹2.45 Cr (~54%) is already collected, ₹2.05 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 6 registered agreements, the effective carpet rate is ₹9,788/sqft (typical range ₹7,751–₹10,176) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | A101 | 968 sqft (89.9 sqm) | ₹54.06 Lakh |
| Floor 1 | A102 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 1 | A103 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 1 | A104 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 1 | A105 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 1 | A106 | 968 sqft (89.9 sqm) | ₹54.06 Lakh |
| Floor 2 | A201 | 968 sqft (89.9 sqm) | ₹54.06 Lakh |
| Floor 2 | A202 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 2 | A203 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 2 | A204 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 2 | A206 | 968 sqft (89.9 sqm) | ₹54.06 Lakh |
| Floor 3 | A302 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 3 | A303 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 3 | A304 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 3 | A306 | 968 sqft (89.9 sqm) | ₹54.06 Lakh |
| Floor 4 | A402 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 4 | A403 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 4 | A404 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 4 | A405 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 4 | A406 | 968 sqft (89.9 sqm) | ₹54.06 Lakh |
| Floor 5 | A501 | 968 sqft (89.9 sqm) | ₹54.06 Lakh |
| Floor 5 | A502 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 5 | A503 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 5 | A504 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 5 | A505 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 5 | A506 | 968 sqft (89.9 sqm) | ₹54.06 Lakh |
| Floor 6 | A601 | 968 sqft (89.9 sqm) | ₹54.06 Lakh |
| Floor 6 | A603 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 6 | A604 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 6 | A605 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 6 | A606 | 968 sqft (89.9 sqm) | ₹54.06 Lakh |
| Floor 7 | A701 | 968 sqft (89.9 sqm) | ₹54.06 Lakh |
| Floor 7 | A702 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 7 | A703 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 7 | A704 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Floor 7 | A705 | 651 sqft (60.49 sqm) | ₹37.37 Lakh |
| Ground/Floor 0 | Shop 1 | 347 sqft (32.21 sqm) | ₹21.80 Lakh |
| Ground/Floor 0 | Shop 2 | 301 sqft (27.94 sqm) | ₹21.80 Lakh |
| Ground/Floor 0 | Shop 3 | 301 sqft (27.94 sqm) | ₹21.80 Lakh |
⚠ The inventory filing also declares: 2 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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+6 and 47 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Building A | 1 | G+6 | 47 | 30 Jun 2024 |
Unit mix on the filing: 42 residential and 5 non-residential (shops/offices).
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
The promoter has declared 4 court cases on this project to MahaRERA. 1 is still pending. 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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Honarable Civil Senior Judge Civil Division | 879 | 2011 | Pending In Court |
| Civil Court Pune | 200879/2011 | 2011 | Hearing |
| Civil Court Pune | 555/2024 | 2024 | Hearing |
| Civil Court | 2764/2024 | 2024 | Ongoing |
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 Jun 2024 | 29 Jun 2025 | (1)Due to Global pandemic labours at site were not available also material was not available due to that construction work was very slow. (2)Due to Global Pandemic Covid-19 sales |
Located at Bhosari, Sector 3 Plot no 65/3 Bhosari PCNTDA Pune, Haveli, Pune, 411039. Per the filed land record, the plot is bounded to the north by Adjacent plot, to the south by Adjacent plot, to the east by 15 M wide road and to the west by Adjacent plot. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~12 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.
| Landmark | Straight-line |
|---|---|
| Pune Int'l Airport (Lohegaon) | 10 km |
| Baner–Balewadi belt | 12 km |
| Pune Junction / city centre | 13 km |
| Hinjewadi Rajiv Gandhi IT Park | 13 km |
| Kharadi / EON IT Park | 14 km |
| Magarpatta / Hadapsar IT | 16 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.
🔒 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.
🔒 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.
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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