Parvati Apartment
MahaRERA Property Intelligence · Pune
P52100016474 · Varve Bk. · promoter Mudraa Life Spaces
| MahaRERA registration | P52100016474 |
| Registered on | 18 May 2018 |
| Promoter-declared completion | 30 Oct 2026 |
| Current status | Certificate Signed |
| Against today | 3 months to 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.
Across MahaRERA, Mudraa Life Spaces is the promoter of record on 2 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.
MahaRERA's cost filing puts construction at ~74.5% of the estimated project cost incurred as of the last certificate (₹6.16 Cr spent against a ₹8.27 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.
Of 41 homes filed with MahaRERA, 15 are sold/booked and 26 remain available (~37% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹2.87 Cr in agreement value so far. Of that, ₹1.83 Cr (~64%) is already collected, ₹1.67 Cr receivable — a read on how far along these sales really are. Note: the project registers 46 homes in total, but this sold/unsold inventory filing covers only 41 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 15 registered agreements, the effective carpet rate is ₹3,721/sqft (typical range ₹2,856–₹4,239) — 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 1 | B-102 | 802 sqft (74.51 sqm) | ₹18.63 Lakh |
| Floor 1 | B-103 | 547 sqft (50.83 sqm) | ₹12.71 Lakh |
| Floor 1 | B-104 | 560 sqft (52.04 sqm) | ₹13.01 Lakh |
| Floor 1 | B-105 | 560 sqft (52.04 sqm) | ₹13.01 Lakh |
| Floor 1 | B-106 | 547 sqft (50.83 sqm) | ₹12.71 Lakh |
| Floor 2 | B-201 | 802 sqft (74.51 sqm) | ₹18.63 Lakh |
| Floor 2 | B-202 | 802 sqft (74.51 sqm) | ₹18.63 Lakh |
| Floor 2 | B-203 | 547 sqft (50.83 sqm) | ₹12.71 Lakh |
| Floor 3 | B-302 | 802 sqft (74.51 sqm) | ₹18.63 Lakh |
| Floor 3 | B-303 | 547 sqft (50.83 sqm) | ₹12.71 Lakh |
| Floor 4 | B-405 | 560 sqft (52.04 sqm) | ₹13.01 Lakh |
| Floor 5 | B-501 | 802 sqft (74.51 sqm) | ₹18.63 Lakh |
| Floor 5 | B-503 | 547 sqft (50.83 sqm) | ₹12.71 Lakh |
| Floor 5 | B-504 | 560 sqft (52.04 sqm) | ₹13.01 Lakh |
| Floor 5 | B-505 | 560 sqft (52.04 sqm) | ₹13.01 Lakh |
| Floor 5 | B-506 | 547 sqft (50.83 sqm) | ₹12.71 Lakh |
| Floor 6 | B-601 | 802 sqft (74.51 sqm) | ₹18.63 Lakh |
| Floor 6 | B-602 | 802 sqft (74.51 sqm) | ₹18.63 Lakh |
| Floor 6 | B-603 | 547 sqft (50.83 sqm) | ₹12.71 Lakh |
| Floor 6 | B-604 | 560 sqft (52.04 sqm) | ₹13.01 Lakh |
| Floor 6 | B-605 | 560 sqft (52.04 sqm) | ₹13.01 Lakh |
| Floor 6 | B-606 | 547 sqft (50.83 sqm) | ₹12.71 Lakh |
| Upper Ground | Flat B2 | 802 sqft (74.51 sqm) | ₹6.28 Lakh |
| Upper Ground | Flat B4 | 560 sqft (52.04 sqm) | ₹7.65 Lakh |
| Upper Ground | Shop B-01 | 250 sqft (23.27 sqm) | ₹6.28 Lakh |
| Upper Ground | Shop B-02 | 350 sqft (32.47 sqm) | ₹8.77 Lakh |
⚠ The inventory filing also declares: 5 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+7 and 46 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| B WING | 1 | G+7 | 46 | - |
Unit mix on the filing: 39 residential and 7 non-residential (shops/offices).
1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12501566 | 13/05/2025 | Devendra More vs MUDRAA LIFE SPACES PVT LTD | order passed |
The promoter has declared 3 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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| 8Th Joint C.J.S.D & Addl C.J.M Pune | 1049 | 2025 | Ongoing |
| National Company Law Tribunal | 1/MB/2023 | 2023 | Ongoing |
| Real Estate Regulatory Authority | CC12501566 | 2025 | Closed |
The promoter has had the MahaRERA completion deadline formally extended 3 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 |
|---|---|---|
| 29 Nov 2024 | 28 Nov 2025 | 1. Financial Impact of the COVID-19 Pandemic The pandemic caused a severe shortage of funds, disrupting project progress and making it difficult to meet planned timelines. Economi |
| 28 Nov 2025 | 30 Jun 2026 | a. Our project PROSPERA COUNTY is physically completed, which stands duly certified through the latest uploaded Form–1 Architect Certificate. b. However, issuance of the Full Occup |
| 28 Nov 2025 | 30 Oct 2026 | The justifications for requesting an extension are as follows: a. The construction of the project PROSPERA COUNTY has been physically completed in all respects, which stands duly c |
Located at Varve Bk., Shivre-Varve Bk. Road, Haveli, Pune, 412206. Per the filed land record, the plot is bounded to the north by Gat No 129, to the south by Road, to the east by Gat No 130 and to the west by Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~25 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Magarpatta / Hadapsar IT | 25 km |
| Pune Junction / city centre | 25 km |
| Kharadi / EON IT Park | 29 km |
| Baner–Balewadi belt | 30 km |
| Pune Int'l Airport (Lohegaon) | 32 km |
| Hinjewadi Rajiv Gandhi IT Park | 35 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 PROSPERA COUNTY?
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