Belvalkar Housing Company
MahaRERA Property Intelligence · Pune
P52100018649 · PANMALA · promoter Belvalkar Housing Company
| MahaRERA registration | P52100018649 |
| Registered on | 22 Nov 2018 |
| Promoter-declared completion | 31 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 5 months to 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, Belvalkar Housing Company is the promoter of record on 21 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.
MahaRERA's cost filing puts construction at ~43.5% of the estimated project cost incurred as of the last certificate (₹7.93 Cr spent against a ₹18.22 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. With only ~5 months to the declared date and ~43.5% of the cost incurred, ask the promoter how the balance gets built in the time left.
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 42 homes filed with MahaRERA, 12 are sold/booked (4 with registered agreements + 8 booked) and 30 remain available (~29% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹5.18 Cr in agreement value so far. Of that, ₹1.91 Cr (~37%) is already collected, ₹3.27 Cr receivable — a read on how far along these sales really are. Note: the project registers 55 homes in total, but this sold/unsold inventory filing covers only 42 of them — the other 13 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 12 registered agreements, the effective carpet rate is ₹10,552/sqft (typical range ₹9,939–₹10,681) — 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 1 | 101 | 325 sqft (30.18 sqm) | ₹25.29 Lakh |
| Floor 1 | 102 | 414 sqft (38.46 sqm) | ₹32.23 Lakh |
| Floor 1 | 104 | 369 sqft (34.25 sqm) | ₹28.70 Lakh |
| Floor 1 | 108 | 534 sqft (49.62 sqm) | ₹41.58 Lakh |
| Floor 1 | 109 | 353 sqft (32.78 sqm) | ₹27.47 Lakh |
| Floor 1 | 110 | 369 sqft (34.27 sqm) | ₹28.71 Lakh |
| Floor 2 | 201 | 410 sqft (38.08 sqm) | ₹31.91 Lakh |
| Floor 2 | 206 | 557 sqft (51.74 sqm) | ₹43.35 Lakh |
| Floor 2 | 207 | 476 sqft (44.22 sqm) | ₹37.05 Lakh |
| Floor 2 | 208 | 536 sqft (49.84 sqm) | ₹41.76 Lakh |
| Floor 2 | 209 | 356 sqft (33.05 sqm) | ₹27.69 Lakh |
| Floor 2 | 210 | 372 sqft (34.54 sqm) | ₹28.94 Lakh |
| Floor 3 | 301 | 410 sqft (38.08 sqm) | ₹31.91 Lakh |
| Floor 3 | 307 | 473 sqft (43.95 sqm) | ₹36.83 Lakh |
| Floor 3 | 309 | 353 sqft (32.78 sqm) | ₹27.47 Lakh |
| Floor 3 | 310 | 369 sqft (34.27 sqm) | ₹28.71 Lakh |
| Floor 4 | 401 | 410 sqft (38.08 sqm) | ₹31.91 Lakh |
| Floor 4 | 402 | 413 sqft (38.39 sqm) | ₹32.17 Lakh |
| Floor 4 | 404 | 372 sqft (34.52 sqm) | ₹28.92 Lakh |
| Floor 4 | 407 | 476 sqft (44.22 sqm) | ₹37.05 Lakh |
| Floor 4 | 408 | 536 sqft (49.84 sqm) | ₹41.76 Lakh |
| Floor 4 | 409 | 356 sqft (33.05 sqm) | ₹27.69 Lakh |
| Floor 5 | 501 | 410 sqft (38.08 sqm) | ₹33.50 Lakh |
| Floor 5 | 502 | 413 sqft (38.4 sqm) | ₹33.78 Lakh |
| Floor 5 | 504 | 369 sqft (34.25 sqm) | ₹30.13 Lakh |
| Floor 5 | 505 | 353 sqft (32.78 sqm) | ₹28.84 Lakh |
| Floor 5 | 507 | 473 sqft (43.95 sqm) | ₹38.67 Lakh |
| Floor 5 | 508 | 534 sqft (49.62 sqm) | ₹43.66 Lakh |
| Floor 5 | 509 | 353 sqft (32.78 sqm) | ₹28.84 Lakh |
| Floor 5 | 510 | 369 sqft (34.27 sqm) | ₹30.15 Lakh |
⚠ The inventory filing also declares: 13 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+4 and 55 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| RIVERAIN CLASSIC | 1 | G+4 | 55 | - |
Unit mix on the filing: 50 residential and 5 non-residential (shops/offices).
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
The promoter has had the MahaRERA completion deadline formally extended 3 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 Mar 2023 | 22 Mar 2024 | Project Work was delayed due to covid and other causes and no sales were done in year 2019-2022. |
| 30 Mar 2023 | 31 Dec 2025 | Received revised sanction plans sanction plans and construction acitivty and sales were slow. |
| 30 Mar 2023 | 31 Dec 2026 | I was planning to expand the project, but there was a delay in receiving the sanction plan from the local authority. This setback has postponed our project timeline as we need the |
Located at PANMALA, TADIWALA ROAD, Pune City, Pune, 411001. Per the filed land record, the plot is bounded to the north by F P NO 103 PART, to the south by SLUM REHABILITATIO SCHEME WING A PANMALA TADIWALA, to the east by 9 METER ROAD and to the west by F P NO 101. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~37 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Hinjewadi Rajiv Gandhi IT Park | 37 km |
| Baner–Balewadi belt | 37 km |
| Pune Junction / city centre | 43 km |
| Magarpatta / Hadapsar IT | 47 km |
| Pune Int'l Airport (Lohegaon) | 51 km |
| Kharadi / EON IT Park | 51 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 RIVERAIN CLASSIC?
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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Belvalkar Housing Company is the promoter on 3 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).
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