Nirmiti Vastu Creation LLP
MahaRERA Property Intelligence · Pune
P52100004507 · Erandwana · promoter Nirmiti Vastu Creation
| MahaRERA registration | P52100004507 |
| Registered on | 09 Aug 2017 |
| Promoter-declared completion | 30 Jul 2023 |
| Current status | Certificate Signed |
| Against today | about 36 months past 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, Nirmiti Vastu Creation is the promoter of record on 103 projects, of which 14 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.
Of 11 homes filed with MahaRERA, 10 are sold/booked (8 with registered agreements + 2 booked) and 1 remain available (~91% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹13.49 Cr in agreement value so far. Of that, ₹11.61 Cr (~86%) is already collected, ₹1.89 Cr receivable — a read on how far along these sales really are. Note: the project registers 22 homes in total, but this sold/unsold inventory filing covers only 11 of them — the other 11 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 10 registered agreements, the effective carpet rate is ₹25,040/sqft (typical range ₹17,048–₹28,779) — 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 |
|---|---|---|---|
| Stilt | Showroom 01 | 915 sqft (84.99 sqm) | ₹1.45 Cr |
⚠ The inventory filing also declares: 11 not for sale. 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+7 and 22 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| NIRMITI ELITE | 1 | G+7 | 22 | - |
Unit mix on the filing: 5 residential and 17 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 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 Jul 2023 | 30 Jul 2023 | Due to Covid-19 pandemic which caused the slow-down in the construction industry we were not able to complete the project as per the stipulated time. Also, the rise in the cost of |
Located at Erandwana, Law College Road, Pune City, Pune, 411004. Per the filed land record, the plot is bounded to the north by FP NO 87 BY 2 CTS NO 122 BY 2 ERANDWANE PUNE, to the south by FINAL PLOT NO 84 BY 1 CTS NO 123 ERANDWANE PUNE, to the east by FINAL PLOT 87 BY 3 CTS NO ERANDWANE PUNE and to the west by LAW COLLEGE ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~7 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Pune Junction / city centre | 5 km |
| Baner–Balewadi belt | 7 km |
| Magarpatta / Hadapsar IT | 10 km |
| Pune Int'l Airport (Lohegaon) | 12 km |
| Kharadi / EON IT Park | 12 km |
| Hinjewadi Rajiv Gandhi IT Park | 13 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 NIRMITI ELITE?
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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Nirmiti Vastu Creation 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