MahaRERA Property Intelligence · Pune

NIRVANA ELITE

P52100053081 · Plot No 28,29, Gat No 115/2, Jalochi, Baramati, Dist Pune, Pin 413102 · promoter Akash Jayesh Associates

Certificate SignedDue 31 Jul 2026

Delivery & Registration

MahaRERA registrationP52100053081
Registered on12 Oct 2023
Promoter-declared completion31 Jul 2026
Current statusCertificate Signed
Against today0 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, Akash Jayesh Associates is the promoter of record on 26 projects, of which 6 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 ~72.8% of the estimated project cost incurred as of the last certificate (₹2.73 Cr spent against a ₹3.75 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 12 homes filed with MahaRERA, 7 are sold/booked and 5 remain available (~58% sold) — selling steadily. Buyers have committed ₹2.79 Cr in agreement value so far. Of that, ₹2.03 Cr (~73%) is already collected, ₹76.32 Lakh receivable — a read on how far along these sales really are. Note: the project registers 20 homes in total, but this sold/unsold inventory filing covers only 12 of them — the other 8 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 7 registered agreements, the effective carpet rate is ₹4,268/sqft (typical range ₹3,361–₹4,874) — 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 2Flat No. 2031,041 sqft (96.75 sqm)₹24.99 Lakh
Floor 2Flat No. 204867 sqft (80.54 sqm)₹20.80 Lakh
Floor 4Flat No. 4031,041 sqft (96.75 sqm)₹15.99 Lakh
Floor 5Flat No. 504867 sqft (80.54 sqm)₹20.80 Lakh
Lower Groundshop180 sqft (16.74 sqm)₹5.97 Lakh

⚠ The inventory filing also declares: 8 owner/investor-held. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+5 and 20 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
NIRVANA ELITE1G+520-

Unit mix on the filing: 2 residential and 18 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 Plot No 28,29, Gat No 115/2, Jalochi, Baramati, Dist Pune, Pin 413102, Bhigwan Road, Baramati, Pune, 413102. Per the filed land record, the plot is bounded to the north by 9 Mtr internal Road in layout, to the south by Plot No 27, to the east by Remaining area in Gat No 115 and to the west by 9 Mtr Internal Road in layout. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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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Major developers building in Baramati

Other RERA-registered projects in Pune

Nirvana Homes
declared completion Jul 2022 · Fortune Elite
Nirvana Homes
possession by Dec 2028 · Not Available
Nirvana Lakeview Retreat
possession by Mar 2028 · Nirvana Creators AND Developers
Nirvana Life County
declared completion Mar 2025 · Khandve Nirvana Realty
Nirvana Lifecity
declared completion Mar 2026 · Nirvana Lifecity LLP
Nirvana Mansarovar
possession by Nov 2028 · Nirvana Creators

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