Pune/Project record

MahaRERA · the public record

Nova Nest

Shirur, Pune · Nikhil Machhindra Raut

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22units filed as unsoldInventory · 20 September 2026
31 Dec 2028declared completionMahaRERA registration · read 12 Jul 2026
36registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

31 Dec 2028

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P52100078944

Delivery and registration

When is the project declared for completion?

Nova Nest is registered with MahaRERA as P52100078944 and the promoter has declared completion for 31 Dec 2028.

31 Dec 2028

declared completion

27months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP52100078944
Registered on22 Jan 2025
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today27 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for Nova Nest record 2 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

  • Filing progress reports — 2 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Nikhil Machhindra Raut is the promoter of record on 7 projects registered with MahaRERA, 2 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

7projects

registered with MahaRERA

2flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Construction

How much construction cost has been reported?

In Nova Nest, ₹1.41 Cr of a declared ₹8.50 Cr estimated project cost is reported as incurred, about 16.6%, as at the last certified filing with MahaRERA.

16.6%

₹1.41 Cr

of ₹8.50 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In Nova Nest, 5 of 36 homes filed with MahaRERA are recorded as sold or booked, about 14%, and 31 remain available.

14%sold

5 of 36 homes

₹1.15 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹21.13 Lakh (about 18%) is recorded as collected and ₹93.37 Lakh as receivable.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 5 registered agreements, the effective carpet rate is ₹3,164/sqft, with eight in ten falling between ₹2,981 and ₹4,720 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.

FloorUnitCarpetGovt reckoner value
Floor 1101764 sqft (71.01 sqm)₹17.01 Lakh
Floor 1102759 sqft (70.47 sqm)₹16.88 Lakh
Floor 1103540 sqft (50.14 sqm)₹12.01 Lakh
Floor 1104604 sqft (56.1 sqm)₹13.44 Lakh
Floor 1105545 sqft (50.64 sqm)₹12.13 Lakh
Floor 2203540 sqft (50.14 sqm)₹12.01 Lakh
Floor 2204604 sqft (56.1 sqm)₹13.44 Lakh
Floor 2205545 sqft (50.64 sqm)₹12.13 Lakh
Floor 3301764 sqft (71.01 sqm)₹17.01 Lakh
Floor 3302759 sqft (70.47 sqm)₹16.88 Lakh
Floor 3303540 sqft (50.14 sqm)₹12.01 Lakh
Floor 3304604 sqft (56.1 sqm)₹13.44 Lakh
Floor 3305545 sqft (50.64 sqm)₹12.13 Lakh
Floor 4401764 sqft (71.01 sqm)₹17.01 Lakh
Floor 4402759 sqft (70.47 sqm)₹16.88 Lakh
Floor 4403540 sqft (50.14 sqm)₹12.01 Lakh
Floor 4404604 sqft (56.1 sqm)₹13.44 Lakh
Floor 4405545 sqft (50.64 sqm)₹12.13 Lakh
Floor 5501764 sqft (71.01 sqm)₹17.01 Lakh
Floor 5502759 sqft (70.47 sqm)₹16.88 Lakh
Floor 5503540 sqft (50.14 sqm)₹12.01 Lakh
Floor 5505545 sqft (50.64 sqm)₹12.13 Lakh
Floor 6601764 sqft (71.01 sqm)₹17.01 Lakh
Floor 6602759 sqft (70.47 sqm)₹16.88 Lakh
Floor 6603540 sqft (50.14 sqm)₹12.01 Lakh
Floor 6605545 sqft (50.64 sqm)₹12.13 Lakh
Floor 7701764 sqft (71.01 sqm)₹17.01 Lakh
Floor 7702759 sqft (70.47 sqm)₹16.88 Lakh
Floor 7703540 sqft (50.14 sqm)₹12.01 Lakh
Floor 7705545 sqft (50.64 sqm)₹12.13 Lakh
Floor 88012,463 sqft (228.8 sqm)₹54.82 Lakh

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, home by home

Read from MahaRERA on 20 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 14 homes carry one, and 22 of the 36 are recorded unsold. Since we started watching this ledger, 9 homes have moved out of the unsold list, most recently on 11 September 2026.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
104604 sqftRs 27.18 lakh typical, over Rs 18.00 lakh to Rs 28.50 lakh5 filed on this stack, floors 2–7

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.

In Nova Nest, 15 of the 22 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 21 homes — ₹2,999 →

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+9 and 36 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Nova Nest1G+936-

Unit mix on the filing: 36 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Location, Land & Connectivity

Located at Shirur, Pune, Pritam Prakash Nagar, Shirur, Pune, 412210. Per the filed land record, the plot is bounded to the north by Road, to the south by Plot No 147, to the east by Plot No 145 and to the west by Road. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~54 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 Int'l Airport (Lohegaon)54 km
Kharadi / EON IT Park54 km
Magarpatta / Hadapsar IT57 km
Pune Junction / city centre61 km
Baner–Balewadi belt68 km
Hinjewadi Rajiv Gandhi IT Park71 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.

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Builder track record

Nikhil Machhindra Raut 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).

Other flagged projects by Nikhil Machhindra Raut

Nikhil Machhindra Raut
FlaggedPune

Other RERA-registered projects in Shirur

1 Sadabaug Phase-II
possession by Sep 2026 · Lalita Dharamchand Phulfagar
1 Sadabaug Phase-III
possession by Sep 2026 · Lalita Dharamchand Phulfagar
Babji Market
possession by Sep 2026 · Pyramid Constructions
Rayat Residency
possession by Sep 2026 · Soham Constructions AND Developers
Kuber Park Phase-I
Past its declared completion date · possession by Oct 2026 · Bhujbal Buildcon
Sunshine Residency
possession by Dec 2026 · Sunshine Construction AND Developers

Other RERA-registered projects in Pune

Nova Residency
possession by Dec 2028 · Magarpatta City Dev, Co. Pvt. Ltd.
Nova, Viva, Pirangut
declared completion Apr 2024 · K Raheja Corp Real Estate Private Limite
Novopride
declared completion Dec 2025 · Shrinath Developers
Nutan Shaiva Bramhan Sanstha Gurav Bhavan
possession by Dec 2028 · Not Available
Nyas Residency
declared completion Jul 2022 · Nyas Developers
Nyati Defence Enclave I
declared completion Dec 2024 · Nyati Builders Private Limited

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: 20 Sep 2026