MahaRERA Property Intelligence · Pune
P52100004952 · Karvenagar · promoter Maha Anand Pinnac
| MahaRERA registration | P52100004952 |
| Registered on | 09 Aug 2017 |
| Promoter-declared completion | 31 Aug 2025 |
| Current status | Certificate Signed |
| Against today | about 11 months past 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, Maha Anand Pinnac is the promoter of record on 52 projects, of which 5 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 ~87.0% of the estimated project cost incurred as of the last certificate (₹75.23 Cr spent against a ₹86.50 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. The declared completion date has already passed while the cost-incurred filing sits at ~87.0% — a wide gap between the promise and the money actually spent on site.
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 151 homes filed with MahaRERA, 147 are sold/booked and 4 remain available (~97% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹159.32 Cr in agreement value so far. Of that, ₹150.35 Cr (~94%) is already collected, ₹8.97 Cr receivable — a read on how far along these sales really are. Note: the project registers 227 homes in total, but this sold/unsold inventory filing covers only 151 of them — the other 76 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 147 registered agreements, the effective carpet rate is ₹13,438/sqft (typical range ₹4,525–₹16,349) — 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 4 | 402 | 463 sqft (43.02 sqm) | ₹13.74 Lakh |
| Floor 6 | 603 | 677 sqft (62.93 sqm) | ₹68.49 Lakh |
| Floor 6 | 604 | 752 sqft (69.84 sqm) | ₹76.01 Lakh |
| Floor 9 | 904 | 967 sqft (89.83 sqm) | ₹97.77 Lakh |
⚠ The inventory filing also declares: 51 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+19 and 227 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Wing A | 1 | G+19 | 80 | - |
| Wing D | 1 | G+4 | 22 | - |
| Wing B | 1 | G+19 | 61 | - |
| Wing C | 1 | G+19 | 64 | - |
| Wing E | 1 | G+2 | - | - |
Unit mix on the filing: 227 residential.
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 |
|---|---|---|---|
| CC005000000269625 | 20/10/2023 | Mr. Gorakhnath Narayan Bhalekar vs M/s Maha Anand Pinnac Associates through its Partners a)Dinesh Vasant Chandratre b)Vishal Vilas Jain | order passed |
The promoter has had the MahaRERA completion deadline formally extended 5 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 Sep 2024 | 31 Dec 2023 | The delay has been caused due to a) Due to delay in receipt of Aviation NOC. The application for Aviation NOC was made on the basis of the circular issued by the Ministry of Defen |
| 30 Sep 2024 | 30 Sep 2024 | The project is getting completed and we are filing for Occupancy Certificate hence require Extension |
| 30 Jun 2022 | 30 Dec 2024 | The project is 95% completed and development work is in process. We have also applied for completion certificate, however we are not sure we will receive in time and need extension |
| 30 Jun 2022 | 30 Apr 2025 | Dear Sir/Madam, We are pleased to inform you that our project name “River Dale Residency”, Karvenagar, Pune – 411052, is almost complete and we have received Part Completion for |
| 30 Jun 2022 | 31 Aug 2025 | The said project is almost completed and we have received part completion for the project from Pune Municipal Corporation vide no. OCC/0994/24 dated 22/11/2024 and OCC/1088/24 date |
Located at Karvenagar, Rajaram Bridge to Cummins Collage Road, Haveli, Pune, 411052. Per the filed land record, the plot is bounded to the north by by part of survey number 5, to the south by by 36 meter wide DP road, to the east by by part pf survey number 9 and to the west by by part of survey number 9. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~9 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Pune Junction / city centre | 8 km |
| Baner–Balewadi belt | 9 km |
| Magarpatta / Hadapsar IT | 12 km |
| Hinjewadi Rajiv Gandhi IT Park | 15 km |
| Kharadi / EON IT Park | 15 km |
| Pune Int'l Airport (Lohegaon) | 15 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 River Dale Residency?
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