MahaRERA Property Intelligence · Pune

MANTRA MAGNUS PHASE 2

P52100054373 · MUNDHWA · promoter Speciality Landmarks Private

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP52100054373
Registered on18 Jan 2024
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 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, Speciality Landmarks Private is the promoter of record on 8 projects, of which none currently 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 ~65.0% of the estimated project cost incurred as of the last certificate (₹19.15 Cr spent against a ₹29.45 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 40 homes filed with MahaRERA, 38 are sold/booked (37 with registered agreements + 1 booked) and 2 remain available (~95% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹44.87 Cr in agreement value so far. Of that, ₹31.42 Cr (~70%) is already collected, ₹13.45 Cr receivable — a read on how far along these sales really are. Note: the project registers 50 homes in total, but this sold/unsold inventory filing covers only 40 of them — the other 10 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 38 registered agreements, the effective carpet rate is ₹12,181/sqft (typical range ₹11,781–₹12,958) — 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:

FloorUnitCarpetReckoner value
Ground/Floor 0SHOP 8+8A520 sqft (48.3203 sqm)₹40.45 Lakh
Ground/Floor 0SHOP 9+9A547 sqft (50.7897 sqm)₹42.52 Lakh

⚠ The inventory filing also declares: 10 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+26 and 50 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
B WING1G+2650-

Unit mix on the filing: 44 residential and 6 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 MUNDHWA, MUNDHWA, Pune City, Pune, 411036. Per the filed land record, the plot is bounded to the north by ADJ S NO 53 CTS NO 1937, to the south by 24 M WIDE ROAD, to the east by A WING and to the west by C WING. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Magarpatta / Hadapsar IT2 km
Kharadi / EON IT Park2 km
Pune Int'l Airport (Lohegaon)6 km
Pune Junction / city centre6 km
Baner–Balewadi belt17 km
Hinjewadi Rajiv Gandhi IT Park22 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

Speciality Landmarks Private Limited is the promoter on 7 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).

See every Speciality Landmarks Private Limited project & its RERA track record →

Other flagged projects by Speciality Landmarks Private Limited

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Speciality Landmarks Private Limited
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Other RERA-registered projects in Mundhwa

Moonstone
possession by Aug 2026 · Swamiji Developers
Matoshree Pride
Not filing quarterly progress reports · possession by Aug 2026 · Devidas Suresh Bhat
Shubh Evan C1 Wing
possession by Aug 2026 · Kalash Enterprises
Casa Elanza
possession by Sep 2026 · Parmaz Green Realty LLP
Platinum Capital Office - Phase I
possession by Sep 2026 · A Advani Properties LLP
The Golden Bell
Not filing quarterly progress reports · possession by Dec 2026 · Panchshil Hotels Pvt Ltd

Major developers building in Mundhwa

Other RERA-registered projects in Pune

Mantra Magnus Phase 3
possession by Dec 2028 · Speciality Landmarks Private Limited
Mantra Magnus Phase 5
possession by Dec 2030 · Speciality Landmarks Private Limited
Mantra Magnus Phase 6
possession by Dec 2030 · Speciality Landmarks Private Limited
Mantra Magnus Phase 7
possession by Sep 2029 · Speciality Landmarks Private Limited
Mantra Magnus Phase 8
possession by Sep 2029 · Speciality Landmarks Private Limited
Mantra Magnus Phase 9
possession by Dec 2030 · Speciality Landmarks Private Limited

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