MahaRERA Property Intelligence · Pune

NAVKAR PLEASURE

P52100078247 · KHED SHIVAPUR · promoter Parag Properties

Certificate SignedDue 30 Dec 2028

Delivery & Registration

MahaRERA registrationP52100078247
Registered on29 Nov 2024
Promoter-declared completion30 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, Parag Properties is the promoter of record on 36 projects, of which 20 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 ~35.3% of the estimated project cost incurred as of the last certificate (₹1.07 Cr spent against a ₹3.04 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 47 homes filed with MahaRERA, 15 are sold/booked and 32 remain available (~32% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹3.23 Cr in agreement value so far. Of that, ₹2.86 Cr (~88%) is already collected, ₹36.92 Lakh 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 15 registered agreements, the effective carpet rate is ₹13,582/sqft (typical range ₹7,012–₹18,110) — 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 1102316 sqft (29.37 sqm)₹15.15 Lakh
Floor 1104316 sqft (29.37 sqm)₹15.15 Lakh
Floor 1105275 sqft (25.58 sqm)₹13.20 Lakh
Floor 1106275 sqft (25.58 sqm)₹13.20 Lakh
Floor 1107275 sqft (25.58 sqm)₹13.20 Lakh
Floor 1108275 sqft (25.58 sqm)₹13.20 Lakh
Floor 1109275 sqft (25.58 sqm)₹13.20 Lakh
Floor 1CLINIC 2561 sqft (52.08 sqm)₹26.87 Lakh
Floor 2201285 sqft (26.5 sqm)₹13.67 Lakh
Floor 2202316 sqft (29.37 sqm)₹15.15 Lakh
Floor 2203316 sqft (29.37 sqm)₹15.15 Lakh
Floor 2204316 sqft (29.37 sqm)₹15.15 Lakh
Floor 2205275 sqft (25.58 sqm)₹13.20 Lakh
Floor 2206275 sqft (25.58 sqm)₹13.20 Lakh
Floor 2207275 sqft (25.58 sqm)₹13.20 Lakh
Floor 2208275 sqft (25.58 sqm)₹13.20 Lakh
Floor 2209275 sqft (25.58 sqm)₹13.20 Lakh
Floor 2HEALTH CLUB561 sqft (52.08 sqm)₹26.87 Lakh
Floor 3301285 sqft (26.5 sqm)₹13.66 Lakh
Floor 3302316 sqft (29.37 sqm)₹15.15 Lakh
Floor 3303316 sqft (29.37 sqm)₹15.15 Lakh
Floor 3304316 sqft (29.37 sqm)₹15.15 Lakh
Floor 3305275 sqft (25.58 sqm)₹13.20 Lakh
Floor 3306275 sqft (25.58 sqm)₹13.20 Lakh
Floor 3307275 sqft (25.58 sqm)₹13.20 Lakh
Floor 3HEALTH CLUB561 sqft (52.08 sqm)₹26.88 Lakh
Ground/Floor 01100 sqft (9.26 sqm)₹4.80 Lakh
Ground/Floor 010110 sqft (10.26 sqm)₹5.29 Lakh
Ground/Floor 012110 sqft (10.26 sqm)₹5.29 Lakh
Ground/Floor 013110 sqft (10.26 sqm)₹5.29 Lakh
Ground/Floor 014110 sqft (10.26 sqm)₹5.29 Lakh
Ground/Floor 04110 sqft (10.26 sqm)₹5.29 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+4 and 47 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
NAVKAR PLEASURE1G+447-

Unit mix on the filing: 47 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 KHED SHIVAPUR, KONDHANPUR ROAD, Pune City, Pune, 412205. Per the filed land record, the plot is bounded to the north by 12 MTR WIDE INTERNAL ROAD OF LAYOUT, to the south by BY PART OF GAT NO 613 KHED SHIVAPUR, to the east by 12 MTR WIDE INTERNAL ROAD OF LAYOUT and to the west by GAT NO 602 KHED SHIVAPUR. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~21 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Pune Junction / city centre21 km
Magarpatta / Hadapsar IT21 km
Baner–Balewadi belt25 km
Kharadi / EON IT Park25 km
Pune Int'l Airport (Lohegaon)28 km
Hinjewadi Rajiv Gandhi IT Park29 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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Royal Purandar
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Shree Venkatesh SAI Residency
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Balaji Dham Phase-1
possession by Mar 2027 · Garva Land Deal Private Limited
Industree
possession by Feb 2028 · Dhankawade Square Realtors LLP
Pooja Heavan Park
possession by Dec 2028 · Pooja Developers
Athashri Ananda
possession by Feb 2029 · Ananda Senior Living Pvt. Ltd.

Other RERA-registered projects in Pune

Navkar Residency
declared completion Dec 2024 · Vinod Ramanlal Dhadiwal
Navkar Suchit
declared completion Jun 2026 · Four Pillars
Navkar Trimurti
declared completion Mar 2024 · Four Pillars
Navkar Vishwa
possession by Mar 2027 · Abhay Popatlal Dhoka
Navkarshree Building
declared completion Mar 2026 · Navkar Shree Associates
Navkshitij CHS LTD
declared completion Jun 2026 · Vishwam Realtors & Developers 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