MahaRERA Property Intelligence · Pune

Nakshatra

PR1260002500411 · Madhusanchay Society · promoter Urban Realty

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationPR1260002500411
Registered on29 Jul 2025
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, Urban Realty is the promoter of record on 93 projects, of which 4 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 ~9.3% of the estimated project cost incurred as of the last certificate (₹1.07 Cr spent against a ₹11.55 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 4 homes filed with MahaRERA, 3 are sold/booked and 1 remain available (~75% sold) — selling steadily. Buyers have committed ₹9.55 Cr in agreement value so far. Of that, ₹2.95 Cr (~31%) is already collected, ₹6.60 Cr receivable — a read on how far along these sales really are. Note: the project registers 11 homes in total, but this sold/unsold inventory filing covers only 4 of them — the other 7 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.

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 33021,088 sqft (101.05 sqm)₹1.40 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+4 and 11 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A (Building)1G+411-

Unit mix on the filing: 11 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 Madhusanchay Society, Baburao Padwal Road, Haveli, Pune, 411052. Per the filed land record, the plot is bounded to the north by Road, to the south by Open Space of Society, to the east by Road and to the west by Part of S No 40 CTS No 1196P Karvenagar. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~9 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Pune Junction / city centre6 km
Baner–Balewadi belt9 km
Magarpatta / Hadapsar IT11 km
Kharadi / EON IT Park14 km
Pune Int'l Airport (Lohegaon)14 km
Hinjewadi Rajiv Gandhi IT Park14 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

Urban Realty is the promoter on 9 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).

See every Urban Realty project & its RERA track record →

Other flagged projects by Urban Realty

Other RERA-registered projects in Karve Nagar

Ganga Lahari CO-Operative Housing Society LTD
possession by Oct 2026 · M/S Gokhale Constructions
Gomati Narmada Chsl
possession by Dec 2026 · Kotibhaskar Infrastructures &develop
LE Skylark
possession by Dec 2026 · Kakade Green Estates Private Limited
Anika Gokul Niwas
possession by Dec 2026 · Not Available
Ekdant
possession by Dec 2026 · Swojas Icon Associates LLP
Saukhyam
possession by Apr 2027 · Ranjekar Sahasrabudhe LLP

Other RERA-registered projects in Pune

Nakshatra
possession by Dec 2029 · Prakash Realty
Nakshatra Apartment
possession by Jan 2027 · Ajinkya Namdeo Kate
Nakshatra Aroma
possession by Dec 2029 · Nitu Associates
Nakshatra Avenue
possession by Jun 2029 · Level UP Nibm
Nakshatra - C Building
declared completion Jul 2018 · JAY Properties
Nakshatra Classic
declared completion Dec 2025 · Level UP Erandavane Promoters & Buil

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