RAVINANDA37

Delivery & Registration

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.

• Filing progress reports — 28 quarterly progress reports on record since registration, with no current default.

Builder Track Record

Across MahaRERA, Ravinanda Icon Landmarks is the promoter of record on 7 projects, of which 4 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 ~82.4% of the estimated project cost incurred as of the last certificate (₹28.11 Cr spent against a ₹34.11 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 105 homes filed with MahaRERA, 70 are sold/booked and 35 remain available (~67% sold) — selling steadily. Buyers have committed ₹24.90 Cr in agreement value so far. Of that, ₹18.72 Cr (~75%) is already collected, ₹6.17 Cr receivable — a read on how far along these sales really are. Note: the project registers 109 homes in total, but this sold/unsold inventory filing covers only 105 of them — the other 4 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 70 registered agreements, the effective carpet rate is ₹7,716/sqft (typical range ₹5,679–₹16,852) — 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:

⚠ The inventory filing also declares: 4 not for sale. 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+8 and 109 homes are registered across the project.

Unit mix on the filing: 46 residential and 63 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.

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.

Location, Land & Connectivity

Located at PARGE NAGAR, PARGE NAGAR, Haveli, Pune, 411048. Per the filed land record, the plot is bounded to the north by SR 37 PART, to the south by ROAD, to the east by PART 37 and to the west by ROAD AND PART 37. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

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Other RERA-registered projects in Pune

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.