MahaRERA Property Intelligence · Pune

Princetown Tower - C2

P52100045982 · Undri · promoter Manikchand Kumar Properties

Certificate SignedDue 31 Dec 2025

Delivery & Registration

MahaRERA registrationP52100045982
Registered on15 Jun 2022
Promoter-declared completion31 Dec 2025
Current statusCertificate Signed
Against todayabout 7 months past 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, Manikchand Kumar Properties is the promoter of record on 8 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.

Sales & Inventory

Of 88 homes filed with MahaRERA, 60 are sold/booked (59 with registered agreements + 1 booked) and 28 remain available (~68% sold) — selling steadily. Buyers have committed ₹36.16 Cr in agreement value so far. Of that, ₹31.52 Cr (~87%) is already collected, ₹4.64 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 60 registered agreements, the effective carpet rate is ₹8,043/sqft (typical range ₹7,696–₹8,558) — 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 1102753 sqft (70 sqm)₹48.28 Lakh
Floor 1104753 sqft (70 sqm)₹48.28 Lakh
Floor 101002748 sqft (69.5 sqm)₹47.93 Lakh
Floor 101004753 sqft (70 sqm)₹48.28 Lakh
Floor 161601753 sqft (70 sqm)₹48.28 Lakh
Floor 161602748 sqft (69.5 sqm)₹47.93 Lakh
Floor 171701753 sqft (70 sqm)₹48.28 Lakh
Floor 171702753 sqft (70 sqm)₹48.28 Lakh
Floor 171703753 sqft (70 sqm)₹48.28 Lakh
Floor 181801753 sqft (70 sqm)₹48.28 Lakh
Floor 181802748 sqft (69.5 sqm)₹47.93 Lakh
Floor 181803576 sqft (53.5 sqm)₹36.90 Lakh
Floor 191903753 sqft (70 sqm)₹48.28 Lakh
Floor 2203748 sqft (69.5 sqm)₹47.93 Lakh
Floor 202001753 sqft (70 sqm)₹48.28 Lakh
Floor 202002748 sqft (69.5 sqm)₹47.93 Lakh
Floor 212101753 sqft (70 sqm)₹48.28 Lakh
Floor 222201753 sqft (70 sqm)₹48.28 Lakh
Floor 222202748 sqft (69.5 sqm)₹47.93 Lakh
Floor 222203748 sqft (69.5 sqm)₹47.93 Lakh
Floor 222204753 sqft (70 sqm)₹48.28 Lakh
Floor 3302753 sqft (70 sqm)₹48.28 Lakh
Floor 3303753 sqft (70 sqm)₹48.28 Lakh
Floor 5502753 sqft (70 sqm)₹48.28 Lakh
Floor 5503753 sqft (70 sqm)₹48.28 Lakh
Floor 6602748 sqft (69.5 sqm)₹47.93 Lakh
Floor 8803576 sqft (53.5 sqm)₹36.90 Lakh
Floor 9902753 sqft (70 sqm)₹48.28 Lakh

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

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+23 and 88 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
C21G+2388-

Unit mix on the filing: 88 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Legal & Litigation

The promoter has declared 6 court cases on this project to MahaRERA. 2 are still pending. 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
Civil Court Senior Division6222015Pending
Civil Court Senior Division19012013Ongoing
Civil Court17002018Ongoing
Civil Court422019Ongoing
Civil Court11562020Pending
Consumer Disputes Redressal State Commission3552015Disposed

Location, Land & Connectivity

Located at Undri, NIBM Road, Pune City, Pune, 411048. Per the filed land record, the plot is bounded to the north by Adjoining Sr No 9, to the south by Adjoining Sr No 9, to the east by Proposed 60M wide Road and to the west by Proposed 24M wide 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 ~7 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Magarpatta / Hadapsar IT7 km
Pune Junction / city centre8 km
Kharadi / EON IT Park11 km
Pune Int'l Airport (Lohegaon)14 km
Baner–Balewadi belt17 km
Hinjewadi Rajiv Gandhi IT Park22 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

Manikchand Kumar Properties is the promoter on 7 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 Manikchand Kumar Properties

Manikchand Kumar Properties
FlaggedPune
Manikchand Kumar Properties
FlaggedPune
Manikchand Kumar Properties
FlaggedPune
Manikchand Kumar Properties
FlaggedPune
Manikchand Kumar Properties
FlaggedPune
Manikchand Kumar Properties
FlaggedPune

Other RERA-registered projects in Kondhwa Bk

Alcon Signare
possession by Jul 2026 · Alcon Builders
Vrundavan Residency
possession by Sep 2026 · Gangai Developers
Krushna Chayya
possession by Sep 2026 · Shree Mahalaxmi Builder AND Developars
Majestic Pride
possession by Oct 2026 · Anwar Mahmoo Shaikh
Krishna Kunj
possession by Nov 2026 · Bace India Developers
THE Latitude - D
possession by Dec 2026 · Ahura Builders

Major developers building in Kondhwa Bk

Other RERA-registered projects in Pune

Princetown Tower - C3
declared completion Jul 2023 · Manikchand Kumar Properties
Princeville - A2, C2 And Conv Shop 2
declared completion Jun 2023 · Kumar Agro Products Pvt Ltd
Princeville - B3 And C1
declared completion May 2019 · Kumar Construction And Properties Pvt Lt
Princeville - B4 And B5
declared completion Aug 2022 · Kumar Construction And Properties Pvt Lt
Prism City Green
declared completion Feb 2026 · Swastik Buildtech
Prism City-Indigo
declared completion Sep 2024 · Swastik Diamond Realty

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