MahaRERA Property Intelligence · Pune

Regency Astra Phase V

PR1260002501708 · Baner · promoter Regency Aawishkar Sarsan

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationPR1260002501708
Registered on05 Dec 2025
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 months to the declared date

Builder Track Record

Across MahaRERA, Regency Aawishkar Sarsan is the promoter of record on 11 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.

Construction Progress

MahaRERA's cost filing puts construction at ~24.0% of the estimated project cost incurred as of the last certificate (₹18.00 Cr spent against a ₹75.00 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 176 homes filed with MahaRERA, 18 are sold/booked and 158 remain available (~10% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹23.93 Cr in agreement value so far. Of that, ₹2.19 Cr (~9%) is already collected, ₹21.72 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 18 registered agreements, the effective carpet rate is ₹10,972/sqft (typical range ₹9,055–₹12,104) — 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+24 and 176 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
WING B 21G+24176-

Unit mix on the filing: 176 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 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.

CourtCase no.YearStatus
Civil Judge SeniorRCS 2132/20232023Ongoing
District Court PuneAPPEAL BEARING NO 272 OF 20242024Ongoing
Civil Judge Senior Division PuneRCS 1112/20222022Ongoing

Location, Land & Connectivity

Located at Baner, DP Road Baner, Ulhasnagar, Thane, 411045. Per the filed land record, the plot is bounded to the north by Lay out Phase, to the south by Lay Out Road, to the east by Lay out Phase and to the west by Lay Out Phase. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~1 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Baner–Balewadi belt1 km
Hinjewadi Rajiv Gandhi IT Park5 km
Pune Junction / city centre11 km
Pune Int'l Airport (Lohegaon)16 km
Magarpatta / Hadapsar IT17 km
Kharadi / EON IT Park18 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

Regency Aawishkar Sarsan Developers LLP is the promoter on 5 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 Regency Aawishkar Sarsan Developers LLP

Regency Aawishkar Sarsan Developers LLP
FlaggedPune
Regency Aawishkar Sarsan Developers LLP
FlaggedPune
Regency Aawishkar Sarsan Developers LLP
FlaggedPune
Regency Aawishkar Sarsan Developers LLP
FlaggedPune

Other RERA-registered projects in Baner

7 Business BAY
possession by Jul 2026 · Saaj Buildcon Private Limited
Maitreya
Not filing quarterly progress reports · possession by Jul 2026 · Vaibhav Shamrao Taro
Mercury
possession by Aug 2026 · SB Real Estate Private Limited
Aarambh
possession by Aug 2026 · ADI Realtors
Nancy Hillview A-1
possession by Aug 2026 · M/S Sarsan Aawishkar Properties
Truspace Platina
possession by Aug 2026 · Atharva Developments

Major developers building in Baner

Other RERA-registered projects in Pune

Regency Classic Wing B2
declared completion Jun 2022 · Regency Nirman LTD
Regency Grand
possession by Dec 2028 · Vastu Rachana
Regency Orion
declared completion Apr 2019 · Regency Housing
Regency Orion A1
declared completion Mar 2018 · Regency Housing
Regency Tower
declared completion Sep 2023 · M/s. Riddhisiddhi Developers
Regencyclassic
declared completion May 2024 · Chandrakant Shankar Bhide

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