MahaRERA Property Intelligence · Pune

MIDORI TOWER PHASE 2

P52100025516 · PIMPLE NILAKH · promoter Vikram Developers And

Certificate SignedDue 30 Sep 2027

Delivery & Registration

MahaRERA registrationP52100025516
Registered on28 Jun 2020
Promoter-declared completion30 Sep 2027
Current statusCertificate Signed
Against today14 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, Vikram Developers And is the promoter of record on 43 projects, of which 7 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 ~74.4% of the estimated project cost incurred as of the last certificate (₹52.48 Cr spent against a ₹70.55 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 108 homes filed with MahaRERA, 82 are sold/booked (81 with registered agreements + 1 booked) and 26 remain available (~76% sold) — selling steadily. Buyers have committed ₹112.77 Cr in agreement value so far. Of that, ₹82.25 Cr (~73%) is already collected, ₹30.52 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 82 registered agreements, the effective carpet rate is ₹13,299/sqft (typical range ₹12,179–₹15,002) — 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 1101968 sqft (89.94 sqm)₹71.57 Lakh
Floor 1102967 sqft (89.82 sqm)₹73.88 Lakh
Floor 1103967 sqft (89.82 sqm)₹73.88 Lakh
Floor 111103967 sqft (89.82 sqm)₹75.64 Lakh
Floor 1313051,752 sqft (162.8 sqm)₹1.36 Cr
Floor 151501968 sqft (89.94 sqm)₹73.27 Lakh
Floor 151502967 sqft (89.82 sqm)₹75.64 Lakh
Floor 1515051,752 sqft (162.8 sqm)₹1.36 Cr
Floor 161603967 sqft (89.82 sqm)₹77.40 Lakh
Floor 171702967 sqft (89.82 sqm)₹77.40 Lakh
Floor 191902967 sqft (89.82 sqm)₹77.40 Lakh
Floor 191904968 sqft (89.94 sqm)₹74.98 Lakh
Floor 1919041,752 sqft (162.8 sqm)₹1.39 Cr
Floor 2202967 sqft (89.82 sqm)₹73.88 Lakh
Floor 2203967 sqft (89.82 sqm)₹73.88 Lakh
Floor 202002967 sqft (89.82 sqm)₹77.40 Lakh
Floor 212102967 sqft (89.82 sqm)₹77.40 Lakh
Floor 212103967 sqft (89.82 sqm)₹77.40 Lakh
Floor 2121051,752 sqft (162.8 sqm)₹1.39 Cr
Floor 222202967 sqft (89.82 sqm)₹77.40 Lakh
Floor 222203967 sqft (89.82 sqm)₹77.40 Lakh
Floor 232302967 sqft (89.82 sqm)₹77.40 Lakh
Floor 232303967 sqft (89.82 sqm)₹77.40 Lakh
Floor 2323051,752 sqft (162.8 sqm)₹1.39 Cr
Floor 242402967 sqft (89.82 sqm)₹77.40 Lakh
Floor 55051,752 sqft (162.8 sqm)₹1.33 Cr

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+29 and 108 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
WING D1G+29108-

Unit mix on the filing: 108 residential.

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
SM1260012809/02/2026Ram Gawali vs VIKRAM DEVELOPERS AND PROMOTERSorder passed

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
30 Sep 202630 Sep 2027We have some alteration in building layout sanction plan and as per the said layout plan increase 1 Lift (previously 5 number and now 6 number of Lifts) and the changes in Total RE

Location, Land & Connectivity

Located at PIMPLE NILAKH, NEW DP ROAD, Pune City, Pune, 411027. Per the filed land record, the plot is bounded to the north by MIDORI TOWER PHASE 3 WING E, to the south by AMENITY SPACE, to the east by SIDE MARGINAL SPACE AND SR NO 14 and to the west by SIDE MARGINAL SPACE AND CITY SR NO 672. 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
Baner–Balewadi belt2 km
Hinjewadi Rajiv Gandhi IT Park5 km
Pune Junction / city centre11 km
Pune Int'l Airport (Lohegaon)14 km
Magarpatta / Hadapsar IT16 km
Kharadi / EON IT Park17 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

Vikram Developers AND Promoters 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 Vikram Developers AND Promoters

Vikram Developers AND Promoters
FlaggedPune
Vikram Developers AND Promoters
FlaggedPune
Vikram Developers AND Promoters
FlaggedPune

Other RERA-registered projects in Pimple Nilakh

S3 Lifestyle
possession by Jul 2026 · Siddhivinayak Kohinoor Ventures
Audumber Residency
possession by Aug 2026 · Shama Construction Through Properiter Vi
Sai Neel
possession by Sep 2026 · Vishal Anil Khairnar
Marigold Calendula
possession by Sep 2026 · Audumbar Homes LLP
Sai Aura
possession by Sep 2026 · WJV Landmarks LLP
Sky 2 Cosmos
possession by Oct 2026 · Emperos Properties

Major developers building in Pimple Nilakh

Other RERA-registered projects in Pune

Midori Tower Phase 3
possession by Sep 2027 · Vikram Developers AND Promoters
Midori Tower Phase 4
possession by Sep 2027 · Vikram Developers AND Promoters
Midori Tower Phase 5
possession by Dec 2027 · Vikram Developers AND Promoters
Midori Towers
possession by Dec 2026 · Saikrushna Developers
Midtown Elegance
possession by Dec 2026 · Neovis Landmarks LLP
Midtown ONE
possession by Dec 2026 · Manav Rehab 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