MahaRERA Property Intelligence · Pune

Rahul Downtown - Phase I

P52100045552 · Punawale · promoter Paras Multispace Llp

Certificate SignedDue 31 Jul 2025

Delivery & Registration

MahaRERA registrationP52100045552
Registered on24 May 2022
Promoter-declared completion31 Jul 2025
Current statusCertificate Signed
Against todayabout 12 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.

Sales & Inventory

Of 392 homes filed with MahaRERA, 349 are sold/booked and 43 remain available (~89% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹232.23 Cr in agreement value so far. Of that, ₹203.13 Cr (~87%) is already collected, ₹35.44 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 349 registered agreements, the effective carpet rate is ₹8,690/sqft (typical range ₹8,419–₹10,096) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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+28 and 392 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building - E1G+28196-
Building - F1G+28196-

Unit mix on the filing: 392 residential.

Complaints & Orders

2 complaints are 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.FiledPartiesStatus
CC1250321211/09/2025Swapnil Nagesh Pukale vs Paras Multispace LLPorder passed
CC1260367314/06/2026Swapnil Nagesh Pukale vs Paras Multispace LLPpending / no order on file

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
30 Apr 202531 Jul 2025We have already applied for Occupancy Certificate to the authority.

Location, Land & Connectivity

Located at Punawale, Next to Sai Paradise, Pune City, Pune, 411033. Per the filed land record, the plot is bounded to the north by 6 mtr Drive way and MHADA bldg, to the south by Commercial Bldg, to the east by 7 and half mtr Driveway and to the west by 6 mtr Drive way and open space. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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

Paras Multispace 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 RERA-registered projects in Punawale

BVM Flora
possession by Jul 2026 · Sunny Naresh Nagdev
Miracle Mathura
possession by Jul 2026 · Miracle Builders And Developers
Sai Aarav
possession by Jul 2026 · Abhijit Prakash Borase
Samarth Paradise
possession by Aug 2026 · Samarth Associates
Isle OF Life - Building B And C
possession by Aug 2026 · R R Ventures
Vision ACE Commercial Phase I
possession by Sep 2026 · Vision ACE

Major developers building in Punawale

Other RERA-registered projects in Pune

Rahul Eastview I
declared completion Dec 2018 · Rahul Constructions
Rahul Eastview II
declared completion Oct 2020 · Rahul Constructions
Rahul Eastview II - Wing D And E
declared completion Apr 2023 · Rahul Constructions
Rahul Eastview II - Wing F
declared completion Dec 2023 · Rahul Constructions
Rahul Park
declared completion Mar 2024 · Revive Homes LLP
Rahul Residency
declared completion Jun 2023 · Siddh Construction And Developers

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