MahaRERA Property Intelligence · Pune

MEMAR ELARA

P52100077582 · Kondhwa Khurd · promoter Memar Infracon

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP52100077582
Registered on15 Oct 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, Memar Infracon is the promoter of record on 189 projects, of which 18 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 ~90.6% of the estimated project cost incurred as of the last certificate (₹8.15 Cr spent against a ₹9.00 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 41 homes filed with MahaRERA, 16 are sold/booked and 25 remain available (~39% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹7.03 Cr in agreement value so far. Of that, ₹1.65 Cr (~23%) is already collected, ₹5.38 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 16 registered agreements, the effective carpet rate is ₹6,510/sqft (typical range ₹4,368–₹9,128) — 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 1101614 sqft (57.08 sqm)₹22.64 Lakh
Floor 1102614 sqft (57.08 sqm)₹22.64 Lakh
Floor 1103614 sqft (57.08 sqm)₹22.64 Lakh
Floor 1104870 sqft (80.82 sqm)₹32.06 Lakh
Floor 1105870 sqft (80.82 sqm)₹32.06 Lakh
Floor 1106655 sqft (60.85 sqm)₹24.14 Lakh
Floor 1107870 sqft (80.82 sqm)₹32.06 Lakh
Floor 1108870 sqft (80.82 sqm)₹32.06 Lakh
Floor 1109655 sqft (60.85 sqm)₹24.14 Lakh
Floor 1110614 sqft (57.08 sqm)₹22.64 Lakh
Floor 2210614 sqft (57.08 sqm)₹24.91 Lakh
Floor 3305870 sqft (80.82 sqm)₹35.27 Lakh
Floor 3306655 sqft (60.85 sqm)₹26.55 Lakh
Floor 3307870 sqft (80.82 sqm)₹35.27 Lakh
Floor 3308870 sqft (80.82 sqm)₹35.27 Lakh
Floor 3310614 sqft (57.08 sqm)₹24.91 Lakh
Floor 4403614 sqft (57.08 sqm)₹24.91 Lakh
Floor 4404870 sqft (80.82 sqm)₹35.27 Lakh
Floor 4405870 sqft (80.82 sqm)₹35.27 Lakh
Ground/Floor 001250 sqft (23.25 sqm)₹13.41 Lakh
Ground/Floor 002344 sqft (31.99 sqm)₹18.45 Lakh
Ground/Floor 003238 sqft (22.14 sqm)₹12.77 Lakh
Ground/Floor 004238 sqft (22.14 sqm)₹12.77 Lakh
Ground/Floor 005614 sqft (57.08 sqm)₹32.92 Lakh
Ground/Floor 006614 sqft (57.08 sqm)₹32.92 Lakh

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+6 and 41 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Memar Elara1G+641-

Unit mix on the filing: 35 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 Kondhwa Khurd, Next to Ashoka Mews Society, Haveli, Pune, 411048. Per the filed land record, the plot is bounded to the north by Property of Ashoka Mews Co-op Hsg Soc, to the south by Property of Sr No 41 Hissa No 2A, to the east by 9 mtr wide road and to the west by Property of Ashoka Mews Co-op Hsg Soc. 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 centre7 km
Kharadi / EON IT Park11 km
Pune Int'l Airport (Lohegaon)13 km
Baner–Balewadi belt16 km
Hinjewadi Rajiv Gandhi IT Park21 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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Other RERA-registered projects in Kondhwa Bk

Alcon Signare
possession by Jul 2026 · Alcon Builders
Vrundavan Residency
possession by Sep 2026 · Gangai Developers
Krushna Chayya
possession by Sep 2026 · Shree Mahalaxmi Builder AND Developars
Majestic Pride
possession by Oct 2026 · Anwar Mahmoo Shaikh
Krishna Kunj
possession by Nov 2026 · Bace India Developers
THE Latitude - D
possession by Dec 2026 · Ahura Builders

Major developers building in Kondhwa Bk

Other RERA-registered projects in Pune

Memories
declared completion Sep 2020 · M/s Namo Developers
Memories 90 - Commercial
declared completion Dec 2022 · M/s Namo Developers
Memories 90 -Phase I
declared completion Dec 2023 · M/s Namo Developers
Memories 90 - Phase II
declared completion Dec 2024 · M/s Namo Developers
Memories 90 -Phase III
declared completion Dec 2025 · M/s Namo Developers
Memories 90 - Phase IV
possession by Dec 2027 · M/s Namo 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