MahaRERA Property Intelligence · Pune

MERAKI

P52100030495 · Pashan · promoter The Gen Group

Certificate SignedDue 30 Jun 2026

Delivery & Registration

MahaRERA registrationP52100030495
Registered on25 Aug 2021
Promoter-declared completion30 Jun 2026
Current statusCertificate Signed
Against todayabout 1 months past 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, The Gen Group is the promoter of record on 2 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 ~72.7% of the estimated project cost incurred as of the last certificate (₹54.50 Cr spent against a ₹75.00 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. The declared completion date has already passed while the cost-incurred filing sits at ~72.7% — 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.

Sales & Inventory

Of 62 homes filed with MahaRERA, 44 are sold/booked and 18 remain available (~71% sold) — selling steadily. Buyers have committed ₹62.72 Cr in agreement value so far. Of that, ₹55.86 Cr (~89%) is already collected, ₹6.86 Cr receivable — a read on how far along these sales really are. Note: the project registers 98 homes in total, but this sold/unsold inventory filing covers only 62 of them — the other 36 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 44 registered agreements, the effective carpet rate is ₹11,375/sqft (typical range ₹10,209–₹13,234) — 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 108021,408 sqft (130.81 sqm)₹82.17 Lakh
Floor 108051,408 sqft (130.81 sqm)₹82.17 Lakh
Floor 119021,408 sqft (130.81 sqm)₹82.17 Lakh
Floor 1210021,408 sqft (130.81 sqm)₹53.62 Lakh
Floor 1412012,327 sqft (216.17 sqm)₹1.36 Cr
Floor 1412022,327 sqft (216.17 sqm)₹1.36 Cr
Floor 1513011,408 sqft (130.81 sqm)₹82.17 Lakh
Floor 1513041,408 sqft (130.81 sqm)₹82.17 Lakh
Floor 161403916 sqft (85.09 sqm)₹53.62 Lakh
Floor 1614041,408 sqft (130.81 sqm)₹82.17 Lakh
Floor 1715011,408 sqft (130.81 sqm)₹82.17 Lakh
Floor 1715021,408 sqft (130.81 sqm)₹82.17 Lakh
Floor 1715041,408 sqft (130.81 sqm)₹82.17 Lakh
Floor 1715051,408 sqft (130.81 sqm)₹82.17 Lakh
Floor 1816011,408 sqft (130.81 sqm)₹82.17 Lakh
Floor 42011,408 sqft (130.81 sqm)₹82.17 Lakh
Floor 5306916 sqft (85.09 sqm)₹53.62 Lakh
Floor 86021,408 sqft (130.81 sqm)₹82.17 Lakh

⚠ The inventory filing also declares: 25 owner/investor-held and 11 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+19 and 98 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
MERAKI1G+1998-

Unit mix on the filing: 86 residential and 12 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.

Deadline Extensions

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
31 Dec 202530 Jun 2026Due to unforeseen delays, including regulatory constraints, site challenges, and external factors affecting resources, the project has not been completed within the original timeli

Location, Land & Connectivity

Located at Pashan, 15 Meter DP Road, Haveli, Pune, 411021. Per the filed land record, the plot is bounded to the north by Adj CTS 12P and S No 538, to the south by 15 Meter DP Road, to the east by Adj CTS 12P and S No 538 and to the west by Adj CTD 12P and S No 538. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~3 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Baner–Balewadi belt3 km
Hinjewadi Rajiv Gandhi IT Park8 km
Pune Junction / city centre9 km
Pune Int'l Airport (Lohegaon)14 km
Magarpatta / Hadapsar IT14 km
Kharadi / EON IT Park16 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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Rising Hills
possession by Aug 2026 · Not Available
Purva Aspire
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Marvel Selva Ridge Villa 6, 9, 11, 12
Developer in insolvency (NCLT) · possession by Dec 2026 · Marvel Omega Builders PVT LTD
Reelicon Fairy Bell
possession by Dec 2026 · Reelicon Red Homes Private Limited
Green Mint
possession by Dec 2026 · Sunil Vishwanath Salunke

Major developers building in Bavdhan

Other RERA-registered projects in Pune

Meraki Life - Phase I
declared completion Dec 2023 · Greenscape Realty LLP
Meraki Life - Phase II
declared completion Dec 2023 · Greenscape Realty LLP
Meraki Life Phase -III
declared completion Dec 2023 · Greenscape Realty LLP
Mercury
possession by Aug 2026 · SB Real Estate Private Limited
Meridian
declared completion Dec 2018 · Shubh Promoters AND Developers
Meridian Business BAY
possession by Aug 2028 · Not Available

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