MahaRERA Property Intelligence · Pune

Reelicon Fairy Bell

P52100020477 · Baner Annexe · promoter Reelicon Red Homes

Certificate SignedDue 28 Dec 2026

Delivery & Registration

MahaRERA registrationP52100020477
Registered on15 Apr 2019
Promoter-declared completion28 Dec 2026
Current statusCertificate Signed
Against today5 months to 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.

Construction Progress

MahaRERA's cost filing puts construction at ~98.3% of the estimated project cost incurred as of the last certificate (₹34.29 Cr spent against a ₹34.87 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 122 homes filed with MahaRERA, 66 are sold/booked and 56 remain available (~54% sold) — selling steadily. Buyers have committed ₹31.65 Cr in agreement value so far. Of that, ₹31.54 Cr (~100%) is already collected, ₹10.50 Lakh receivable — a read on how far along these sales really are. Note: the project registers 161 homes in total, but this sold/unsold inventory filing covers only 122 of them — the other 39 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 66 registered agreements, the effective carpet rate is ₹7,469/sqft (typical range ₹6,984–₹9,769) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 39 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+13 and 161 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building A1G+1396-
Building B1G+1165-

Unit mix on the filing: 96 residential and 65 non-residential (shops/offices).

Complaints

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

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 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
30 Dec 202328 Dec 2026Project got its sanction from PMRDA on 5.04.19 (B+G+8) floors for residential and B+G for commercial was sanctioned. Amenity space and road widening area to be handed over to PMRDA
30 Dec 202329 Dec 2024The project got its first sanction from PMRDA on 5.04.2019 wherein B plus G floor + 8 floors for residential building and B + G floor for commercial building was sanctioned. Amenit

Location, Land & Connectivity

Located at Baner Annexe , Vibgyor School Road Sus, Pune City, Pune, 411021. Per the filed land record, the plot is bounded to the north by ADJ S NO 27 P, to the south by ADJ S NO 27 P, to the east by 30 M WIDE ROAD and to the west by ADJ S NO 27 P. 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
Pune Junction / city centre2 km
Magarpatta / Hadapsar IT7 km
Kharadi / EON IT Park9 km
Baner–Balewadi belt9 km
Pune Int'l Airport (Lohegaon)10 km
Hinjewadi Rajiv Gandhi IT Park15 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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Major developers building in Bavdhan

Other RERA-registered projects in Pune

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declared completion Dec 2019 · Jkdevelopers
Reelicon Prayag
declared completion Apr 2024 · Arnav Properties
Reeva Residency
declared completion Dec 2021 · Prashantrekha
Reflections Building B
declared completion Dec 2023 · Siddharth Kantilal Khinvasara
Regal Lake Town
declared completion Dec 2023 · Regal Developers
Regal Residency
declared completion Dec 2020 · Shamshuddin Abdul Samad Choudhary

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