MahaRERA Property Intelligence · Pune

NYATI EQUINOX I

P52100047984 · BAVDHAN · promoter Mihir Homes Enterprise

Certificate SignedDue 30 Sep 2028

Delivery & Registration

MahaRERA registrationP52100047984
Registered on07 Dec 2022
Promoter-declared completion30 Sep 2028
Current statusCertificate Signed
Against today26 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, Mihir Homes Enterprise is the promoter of record on 9 projects, of which none currently 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 ~40.3% of the estimated project cost incurred as of the last certificate (₹202.74 Cr spent against a ₹502.56 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 1152 homes filed with MahaRERA, 873 are sold/booked (834 with registered agreements + 39 booked) and 279 remain available (~76% sold) — selling steadily. Buyers have committed ₹901.40 Cr in agreement value so far. Of that, ₹564.71 Cr (~63%) is already collected, ₹336.69 Cr receivable — a read on how far along these sales really are. Note: the project registers 1157 homes in total, but this sold/unsold inventory filing covers only 1152 of them — the other 5 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 873 registered agreements, the effective carpet rate is ₹11,110/sqft (typical range ₹10,400–₹12,543) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 5 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+31 and 1157 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BLDG 1B1G+31110-
BLDG 1C1G+31110-
BLDG 1D1G+31110-
BLDG 2E1G+31112-
BLDG 2F1G+31112-
COMMERCIAL BLDG1G+6104-
BLDG 1A1G+31110-
BLDG 2A1G+31111-
BLDG 2B1G+31111-
BLDG 2C1G+31111-
BLDG 2D1G+3156-

Unit mix on the filing: 1053 residential and 104 non-residential (shops/offices).

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
SM1260044629/06/2026Ram Gawali vs MIHIR HOMES ENTERPRISE LLPpending / no order on file

Legal & Litigation

The promoter has declared 6 court cases on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Sdo MavalRTS NO 2572019Closed
Civil Judge Senior Division PuneSCS NO 8782019Closed
Civil Judge Junior Division PmcRCS NO 5922020Ongoing
Tahasildar Paud MulshiKULKAYDA/70B/SR/07/20202020Closed
Bombay High Court24942021Closed
Civil Court Senior Division5922020Ongoing

Deadline Extensions

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
31 Aug 202630 Sep 2028Respected Sir/Ma’am, We had made an Extension Application as per Order 40/2022 dated 27/12/2022 and Order No. 40A/2023 dated 15/05/2023. The hearing with Honourable Chairperson

Location, Land & Connectivity

Located at BAVDHAN, MULSHI, Pune City, Pune, 411021. Per the filed land record, the plot is bounded to the north by INTERNAL DRIVEWAY, to the south by ADJ 12M WIDE INTERNAL ROAD, to the east by ADJ BDP PLOT and to the west by ADJ 24M WIDE DP ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~6 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Baner–Balewadi belt6 km
Hinjewadi Rajiv Gandhi IT Park10 km
Pune Junction / city centre11 km
Magarpatta / Hadapsar IT16 km
Pune Int'l Airport (Lohegaon)18 km
Kharadi / EON IT Park18 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

Mihir Homes Enterprise 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).

Other flagged projects by Mihir Homes Enterprise LLP

Mihir Homes Enterprise LLP
FlaggedPune

Other RERA-registered projects in Bavdhan

Window Cooperative Housing Society Limited 131/1
possession by Jul 2026 · Windows Co-Operative Housing Society Ltd
Rising Hills
possession by Aug 2026 · Not Available
Purva Aspire
possession by Sep 2026 · Puravankara Limited
Marvel Selva Ridge Villa 6, 9, 11, 12
Developer in insolvency (NCLT) · possession by Dec 2026 · Marvel Omega Builders PVT LTD
Reelicon Fairy Bell
possession by Dec 2026 · Reelicon Red Homes Private Limited
Green Mint
possession by Dec 2026 · Sunil Vishwanath Salunke

Major developers building in Bavdhan

Other RERA-registered projects in Pune

Nyati Equinox II
possession by May 2027 · Mihir Homes Enterprise LLP
Nyati ERA I
declared completion Aug 2025 · Nyati Construction Private Limited
Nyati ERA II
declared completion Sep 2025 · Nyati Construction Private Limited
Nyati ERA III
declared completion Mar 2026 · Nyati Construction Private Limited
Nyati ERA IV
possession by Jun 2029 · Nyati Construction Private Limited
Nyati Erica
declared completion Dec 2021 · 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: 27 Jul 2026