MahaRERA Property Intelligence · Pune

MANTRA MESMER PHASE 7

P52100053291 · KESHAVNAGAR · promoter Mantra Zirconia Private

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP52100053291
Registered on23 Oct 2023
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today17 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, Mantra Zirconia Private is the promoter of record on 8 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 ~39.6% of the estimated project cost incurred as of the last certificate (₹10.62 Cr spent against a ₹26.81 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 42 homes filed with MahaRERA, 42 are sold/booked and 0 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹35.04 Cr in agreement value so far. Of that, ₹32.73 Cr (~93%) is already collected, ₹2.31 Cr receivable — a read on how far along these sales really are. Note: the project registers 86 homes in total, but this sold/unsold inventory filing covers only 42 of them — the other 44 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 42 registered agreements, the effective carpet rate is ₹10,149/sqft (typical range ₹9,851–₹11,394) — 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: 44 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+24 and 86 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BUILDING B1G+2486-

Unit mix on the filing: 86 residential.

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 KESHAVNAGAR, MUNDHWA, Pune City, Pune, 411036. Per the filed land record, the plot is bounded to the north by PROPOSED C WING, to the south by ADJ HISSA NO 55 56, to the east by OPEN SPACE 2 and to the west by PROPOSED A 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
Kharadi / EON IT Park2 km
Magarpatta / Hadapsar IT4 km
Pune Int'l Airport (Lohegaon)6 km
Pune Junction / city centre8 km
Baner–Balewadi belt18 km
Hinjewadi Rajiv Gandhi IT Park23 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

Mantra Zirconia Private Limited is the promoter on 8 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 Mantra Zirconia Private Limited project & its RERA track record →

Other flagged projects by Mantra Zirconia Private Limited

Mantra Zirconia Private Limited
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Mantra Zirconia Private Limited
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Mantra Zirconia Private Limited
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Mantra Zirconia Private Limited
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Mantra Zirconia Private Limited
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Mantra Zirconia 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 Mirari Phase 1
declared completion Jun 2025 · Mantra Residences Mundhwa Private Limite
Mantra Mirari Phase 2
declared completion Jun 2026 · Mantra Residences Mundhwa Private Limite
Mantra Mirari Phase 3
declared completion Jun 2026 · Mantra Residences Mundhwa Private Limite
Mantra Moments Phase 2
declared completion Dec 2018 · Mantra Properties
Mantra Moments Phase 3
declared completion Jun 2018 · Mantra Properties
Mantra Moments Phase 4
declared completion Nov 2019 · Mantra 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