MahaRERA Property Intelligence · Pune

Mantra Phase 1

P52100066482 · Mundhwa · promoter Mantra Skyhomes Private

Certificate SignedDue 31 Dec 2029

Delivery & Registration

MahaRERA registrationP52100066482
Registered on11 Jun 2024
Promoter-declared completion31 Dec 2029
Current statusCertificate Signed
Against today41 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 Skyhomes Private is the promoter of record on 4 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 ~0.8% of the estimated project cost incurred as of the last certificate (₹1.47 Cr spent against a ₹185.13 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 48 homes filed with MahaRERA, 15 are sold/booked (12 with registered agreements + 3 booked) and 33 remain available (~31% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹36.41 Cr in agreement value so far. Of that, ₹12.05 Cr (~33%) is already collected, ₹24.36 Cr receivable — a read on how far along these sales really are. Note: the project registers 62 homes in total, but this sold/unsold inventory filing covers only 48 of them — the other 14 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 15 registered agreements, the effective carpet rate is ₹16,244/sqft (typical range ₹14,999–₹17,336) — 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
Floor 11013,392 sqft (315.14 sqm)₹2.03 Cr
Floor 11022,670 sqft (248.08 sqm)₹1.60 Cr
Floor 1010021,565 sqft (145.41 sqm)₹93.52 Lakh
Floor 1111011,944 sqft (180.61 sqm)₹1.16 Cr
Floor 1111041,740 sqft (161.67 sqm)₹1.04 Cr
Floor 1212011,944 sqft (180.61 sqm)₹1.16 Cr
Floor 1212021,565 sqft (145.41 sqm)₹93.52 Lakh
Floor 1313011,944 sqft (180.61 sqm)₹1.16 Cr
Floor 1313021,565 sqft (145.41 sqm)₹93.52 Lakh
Floor 1313031,124 sqft (104.46 sqm)₹67.18 Lakh
Floor 1414021,565 sqft (145.41 sqm)₹93.52 Lakh
Floor 1515011,944 sqft (180.61 sqm)₹1.16 Cr
Floor 1515021,565 sqft (145.41 sqm)₹93.52 Lakh
Floor 1515031,352 sqft (125.62 sqm)₹80.79 Lakh
Floor 1515041,740 sqft (161.67 sqm)₹1.04 Cr
Floor 1616011,944 sqft (180.61 sqm)₹1.16 Cr
Floor 1616021,565 sqft (145.41 sqm)₹93.52 Lakh
Floor 1616041,740 sqft (161.67 sqm)₹1.04 Cr
Floor 22021,565 sqft (145.41 sqm)₹93.52 Lakh
Floor 22031,352 sqft (125.62 sqm)₹80.79 Lakh
Floor 22041,740 sqft (161.67 sqm)₹1.04 Cr
Floor 33011,944 sqft (180.61 sqm)₹1.16 Cr
Floor 33041,740 sqft (161.67 sqm)₹1.04 Cr
Floor 44011,944 sqft (180.61 sqm)₹1.16 Cr
Floor 44021,565 sqft (145.41 sqm)₹93.52 Lakh
Floor 55011,944 sqft (180.61 sqm)₹1.16 Cr
Floor 55021,565 sqft (145.41 sqm)₹93.52 Lakh
Floor 66021,565 sqft (145.41 sqm)₹93.52 Lakh
Floor 77011,944 sqft (180.61 sqm)₹1.16 Cr
Floor 88011,944 sqft (180.61 sqm)₹1.16 Cr
Floor 88021,565 sqft (145.41 sqm)₹93.52 Lakh
Floor 99011,944 sqft (180.61 sqm)₹1.16 Cr
Floor 99021,565 sqft (145.41 sqm)₹93.52 Lakh

⚠ The inventory filing also declares: 11 owner/investor-held and 3 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+21 and 62 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A Wing1G+2162-

Unit mix on the filing: 62 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 Mundhwa, Mundhwa, Haveli, Pune, 411036. Per the filed land record, the plot is bounded to the north by Adj S No 45P, to the south by Proposed Commercial 2, to the east by Proposed B wing and to the west by Open Space. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~1 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Magarpatta / Hadapsar IT1 km
Kharadi / EON IT Park3 km
Pune Junction / city centre6 km
Pune Int'l Airport (Lohegaon)7 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

Mantra Skyhomes Private Limited is the promoter on 4 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 Mantra Skyhomes Private Limited

Mantra Skyhomes Private Limited
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Mantra Skyhomes Private Limited
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Mantra Skyhomes 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 Phase 2
possession by Dec 2029 · Mantra Skyhomes Private Limited
Mantra Phase 3
possession by Dec 2029 · Mantra Skyhomes Private Limited
Mantra Phase 4
possession by Dec 2032 · Mantra Skyhomes Private Limited
Mantra Residency Phase 01
declared completion Dec 2018 · Mantra Residencies LLP
Mantra Residency Phase 02
declared completion Dec 2020 · Mantra Residencies LLP
Mantra Residency Phase 03
declared completion Dec 2018 · Mantra Residencies LLP

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