MahaRERA Property Intelligence · Pune
P52100012101 · NEAR EON IT PARK · promoter Palmtree Developments Pvt
| MahaRERA registration | P52100012101 |
| Registered on | 01 Sep 2017 |
| Promoter-declared completion | 31 Jul 2022 |
| Current status | Certificate Signed |
| Against today | about 48 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.
Of 48 homes filed with MahaRERA, 46 are sold/booked (39 with registered agreements + 7 booked) and 2 remain available (~96% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹31.72 Cr in agreement value so far. Of that, ₹28.46 Cr (~90%) is already collected, ₹3.17 Cr receivable — a read on how far along these sales really are. Note: the project registers 66 homes in total, but this sold/unsold inventory filing covers only 48 of them — the other 18 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 46 registered agreements, the effective carpet rate is ₹10,238/sqft (typical range ₹9,117–₹11,346) — 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 |
|---|---|---|---|
| Floor 11 | 1103 | 589 sqft (54.76 sqm) | ₹42.98 Lakh |
| Floor 11 | 1105 | 589 sqft (54.76 sqm) | ₹42.98 Lakh |
⚠ The inventory filing also declares: 18 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+13 and 66 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| PALM WORLD ONE | 1 | G+13 | 66 | 31 Dec 2018 |
Unit mix on the filing: 66 residential.
37 complaints are on the MahaRERA record for this project, with orders passed in 37. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC005000000010466 | 06/11/2017 | Kanchan Dadasaheb Gharge vs Bhujbal Brothers Cinstruction Co. | order passed |
| CC005000000022767 | 14/03/2019 | Arif Ebrahim Contractor vs Palmtree Developments Private Limited | order passed |
| CC005000000022768 | 14/03/2019 | Arif Ebrahim Contractor vs Palmtree Developments Private Limited | order passed |
| CC005000000022830 | 27/03/2019 | MR VINEET RATHI FOR HUF vs PALMTREE DEVELOPERS PRIVATE LIMITED | order passed |
| CC005000000022837 | 01/04/2019 | vineet rathi for HUF vs PALMTREE DEVELIPERS PRIVATE LIMITED | order passed |
| CC005000000043730 | 30/11/2019 | Bhavesh Khanna vs Palm World One | order passed |
| CC005000000053860 | 02/01/2020 | Mrs. Arti Sourabh Malhotra vs Palmtree Developers Private Limited through its Authorized Signatory Mr. Anurag Khemka | order passed |
| CC005000000054036 | 13/02/2020 | Tilak Sood vs PALMTREE DEVELOPMENTS PVT.LTD. | order passed |
| CC005000000054109 | 20/03/2020 | Punit Wani vs Palm Tree Developments Pvt Ltd | order passed |
| CC005000000064589 | 05/09/2020 | Subhorov Roy vs Palmtree Developments Pvt. Ltd. | order passed |
| CC005000000064642 | 23/09/2020 | Saurav Shekhar vs Palm Tree Developers Pvt. Ltd | order passed |
| CC005000000064650 | 23/09/2020 | Prajakta Wani vs Palm Tree Developers Pvt. Ltd | order passed |
| CC005000000064648 | 03/10/2020 | Amol More vs Palm Tree Developers Pvt. Ltd | order passed |
| CC005000000085446 | 14/04/2021 | Mr. Ashish Rangrao Chamatkar vs Palmtree Developments Private Limited Through its Authorized signatories Mr. Anurag Khemka | order passed |
| CC005000000106525 | 22/01/2022 | Mrs. Pooja Bhushan Raikar vs Palmtree Developments Private Limited Thr. its Authorized Signatory Mr. Anurag Khemka | order passed |
| CC005000000127094 | 14/05/2022 | Anurag Khemka vs Mr.Amol More | order passed |
| CC005000000127110 | 09/06/2022 | Anurag Khemka vs Prajakta Ashok Wani & Hemangi Ashok Wani | order passed |
| CC005000000167568 | 24/09/2022 | Martin Prasad vs Palm Tree Developers Pvt. Ltd. | order passed |
| CC005000000218300 | 11/02/2023 | Mrs Manju Purshottam Lohia vs palmtree Development Pvt.Ltd through its Directors | order passed |
| CC005000000290038 | 09/01/2024 | Rajesh Chandrakant Sawant vs PALMTREE DEVELOPMENTS PRIVATE LIMITED | order passed |
| CC005000000310343 | 14/02/2024 | ISHA BALAKANT JHA vs PALMTREE DEVELOPMENT PRIVATE LIMITED | order passed |
| CC12400153 | 18/09/2024 | Shubham Prashant Kolhe vs PALMTREE DEVELOPMENTS PVT. LTD. | order passed |
| CC12400152 | 18/09/2024 | Ashish Gajanan Naik vs PALMTREE DEVELOPMENTS PVT. LTD. | order passed |
| CC12401200 | 21/12/2024 | SUJATA ANIL CHAUTHAIWALE vs PALMTREE DEVELOPMENTS PVT. LTD. | order passed |
| CC12500286 | 26/01/2025 | SHIVAJI SURESH BHATKHANDE vs PALMTREE DEVELOPMENTS PVT. LTD. | order passed |
| CC12500138 | 15/01/2025 | KARTIK DATTATRYA KAWARE vs PALMTREE DEVELOPMENTS PVT. LTD. | order passed |
| CC12500285 | 26/01/2025 | MAHESH MAHADEV NARTAWADEKAR vs PALMTREE DEVELOPMENTS PVT. LTD. | order passed |
| CC12500287 | 26/01/2025 | PRATIK BHIMRAO NIMBARTE vs PALMTREE DEVELOPMENTS PVT. LTD. | order passed |
| CC12500284 | 26/01/2025 | VEENY RAINA vs PALMTREE DEVELOPMENTS PVT. LTD. | order passed |
| CC12500290 | 26/01/2025 | RAJABHAU SUBRAO LONDHE vs PALMTREE DEVELOPMENTS PVT. LTD. | order passed |
| CC12500292 | 27/01/2025 | Omkar Anirudha Walke vs PALMTREE DEVELOPMENTS PVT. LTD. | order passed |
| CC12500304 | 28/01/2025 | RAKESH SUBHASH PATNI vs PALMTREE DEVELOPMENTS PVT. LTD. | order passed |
| CC12500395 | 06/02/2025 | Vaibhav katiyar vs PALMTREE DEVELOPMENTS PVT. LTD. | order passed |
| CC12500442 | 10/02/2025 | Gaurav Raja Bhandari vs PALMTREE DEVELOPMENTS PVT. LTD. | order passed |
| CC12500518 | 15/02/2025 | VIVEK BHAUSAHEB JAGTAP vs PALMTREE DEVELOPMENTS PVT. LTD. | order passed |
| CC12503235 | 12/09/2025 | Palm World One vs PALMTREE DEVELOPMENTS PVT. LTD. | order passed |
| CC12503819 | 01/11/2025 | Sushant Vidyasagar Soundatte vs PALMTREE DEVELOPMENTS PVT. LTD. | order passed |
The promoter has had the MahaRERA completion deadline formally extended 4 times. 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 Jul 2022 | 30 Apr 2020 | Dear Sir / Madam, We, Palmtree Developments Pvt Ltd are developing residential project, PALM WORLD ONE in Survey No 63/2& 63/3, Kharadi, Haveli, Pune 411014 and we were due to c |
| 31 Jul 2022 | 30 Apr 2020 | Due to non corporation from the landowners, in December 2018 we decided to use our powers handed through power of Attorney to handover the Amenity space to Pune Mucipal Corporation |
| 31 Jul 2022 | 31 Jul 2021 | Construction work is stalled due to COVID pandamic. Lockdown and non availability of labour force has made it impossible for us to complete the work before the due date. |
| 31 Jul 2022 | 31 Jul 2022 | due to covid |
Located at NEAR EON IT PARK, GRANT ROAD, Mumbai City, Mumbai City, 411014. Per the filed land record, the plot is bounded to the north by SURVEY NO 63 - PART, to the south by 9M ROAD, to the east by SURVEY NO 63 - PART and to the west by SURVEY NO 63 - PART. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Kharadi / EON IT Park | 2 km |
| Pune Int'l Airport (Lohegaon) | 5 km |
| Magarpatta / Hadapsar IT | 6 km |
| Pune Junction / city centre | 9 km |
| Baner–Balewadi belt | 19 km |
| Hinjewadi Rajiv Gandhi IT Park | 23 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 PALM WORLD ONE?
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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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