Merlin Bhingarwala Developers LLP
MahaRERA Property Intelligence · Pune
P52100050199 · Tathawade · promoter Merlin Bhingarwala Developers
| MahaRERA registration | P52100050199 |
| Registered on | 21 Mar 2023 |
| Promoter-declared completion | 31 Dec 2027 |
| Current status | Certificate Signed |
| Against today | 17 months to the declared date |
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.
Across MahaRERA, Merlin Bhingarwala Developers 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.
MahaRERA's cost filing puts construction at ~63.2% of the estimated project cost incurred as of the last certificate (₹103.00 Cr spent against a ₹162.92 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.
Of 262 homes filed with MahaRERA, 242 are sold/booked (227 with registered agreements + 15 booked) and 20 remain available (~92% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹189.06 Cr in agreement value so far. Of that, ₹123.14 Cr (~65%) is already collected, ₹58.75 Cr receivable — a read on how far along these sales really are. Note: the project registers 406 homes in total, but this sold/unsold inventory filing covers only 262 of them — the other 144 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 242 registered agreements, the effective carpet rate is ₹10,985/sqft (typical range ₹10,513–₹22,574) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | 105 | 993 sqft (92.23 sqm) | ₹75.58 Lakh |
| Floor 1 | 120 | 1,141 sqft (105.96 sqm) | ₹86.83 Lakh |
| Floor 1 | 121 | 441 sqft (40.95 sqm) | ₹33.56 Lakh |
| Floor 1 | 122 | 440 sqft (40.92 sqm) | ₹33.53 Lakh |
| Floor 1 | 124 | 407 sqft (37.8 sqm) | ₹30.98 Lakh |
| Floor 1 | 127 | 365 sqft (33.91 sqm) | ₹27.79 Lakh |
| Floor 1 | 129 | 501 sqft (46.55 sqm) | ₹38.15 Lakh |
| Floor 11 | 1104 | 836 sqft (77.67 sqm) | ₹71.61 Lakh |
| Floor 13 | 1302 | 552 sqft (51.31 sqm) | ₹44.01 Lakh |
| Floor 13 | 1305 | 658 sqft (61.14 sqm) | ₹52.44 Lakh |
| Floor 13 | 1306 | 655 sqft (60.86 sqm) | ₹52.20 Lakh |
| Floor 13 | 1306 | 552 sqft (51.31 sqm) | ₹44.01 Lakh |
| Floor 2 | 201 | 766 sqft (71.16 sqm) | ₹55.48 Lakh |
| Floor 2 | 203 | 554 sqft (51.44 sqm) | ₹40.11 Lakh |
| Floor 2 | 205 | 658 sqft (61.14 sqm) | ₹47.67 Lakh |
| Floor 2 | 206 | 655 sqft (60.86 sqm) | ₹47.45 Lakh |
| Floor 3 | 306 | 655 sqft (60.86 sqm) | ₹47.45 Lakh |
| Ground/Floor 0 | 1 | 553 sqft (51.38 sqm) | ₹42.11 Lakh |
| Ground/Floor 0 | 28 | 523 sqft (48.55 sqm) | ₹39.79 Lakh |
| Ground/Floor 0 | 32 | 438 sqft (40.7 sqm) | ₹33.35 Lakh |
⚠ The inventory filing also declares: 144 owner/investor-held. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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+15 and 406 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| A Building | 1 | G+15 | 107 | - |
| B Building | 1 | G+15 | 145 | - |
| C Building | 1 | G+15 | 125 | - |
| Commercial Building | 1 | G+3 | 29 | - |
Unit mix on the filing: 339 residential and 67 non-residential (shops/offices).
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
The promoter has declared 5 court cases on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.
| Court | Case no. | Year | Status |
|---|---|---|---|
| In The Court Of Civil Judge Senior Division | 1403 | 2016 | Awaiting Summons |
| In The Court Of Civil Judge Senior Division | 21 | 2019 | Awaiting Summons |
| In The Court Of Civil Judge Senior Division | 1543 | 2022 | Awaiting Summons |
| Civil Court Senior Division, Pune | 1403 | 2016 | Ongoing |
| Civil Court Senior Division | 1403 | 2016 | Ongoing |
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 2026 | 31 Dec 2027 | Due to some internal reasons, construction start date and Launch date of the said project has postponed. Hence we have to extend our Completion date of the said Project |
Located at Tathawade, Tathawade, Haveli, Pune, 411033. Per the filed land record, the plot is bounded to the north by Survey no 56-2 and partly by survey no 58, to the south by Internal road, to the east by partly Survey no 55-1 and partly by survey no 56-2 and to the west by 24 meter DP road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~3 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Hinjewadi Rajiv Gandhi IT Park | 3 km |
| Baner–Balewadi belt | 6 km |
| Pune Junction / city centre | 16 km |
| Pune Int'l Airport (Lohegaon) | 18 km |
| Kharadi / EON IT Park | 21 km |
| Magarpatta / Hadapsar IT | 21 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.
🔒 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.
🔒 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.
Should you buy in MERLIN ELEMENTA 2.0?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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Merlin Bhingarwala Developers LLP is the promoter on 2 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).
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