MahaRERA Property Intelligence · Pune
P52100032593 · HIVARE · promoter Brahma City
| MahaRERA registration | P52100032593 |
| Registered on | 14 Jan 2022 |
| Promoter-declared completion | 25 Dec 2027 |
| Current status | Certificate Signed |
| Against today | 17 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, Brahma City is the promoter of record on 3 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 ~86.8% of the estimated project cost incurred as of the last certificate (₹4.28 Cr spent against a ₹4.93 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.
Of 39 homes filed with MahaRERA, 6 are sold/booked and 33 remain available (~15% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹1.22 Cr in agreement value so far. Of that, ₹1.15 Cr (~94%) is already collected, ₹6.85 Lakh 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 6 registered agreements, the effective carpet rate is ₹5,616/sqft (typical range ₹4,964–₹6,063) — 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 | 06 | 360 sqft (33.45 sqm) | ₹8.78 Lakh |
| Floor 1 | 07 | 370 sqft (34.39 sqm) | ₹9.03 Lakh |
| Floor 1 | 08 | 334 sqft (31 sqm) | ₹8.14 Lakh |
| Floor 1 | 09 | 344 sqft (31.92 sqm) | ₹8.38 Lakh |
| Floor 1 | 1 | 360 sqft (33.45 sqm) | ₹8.78 Lakh |
| Floor 1 | 10 | 261 sqft (24.22 sqm) | ₹6.36 Lakh |
| Floor 1 | 2 | 261 sqft (24.22 sqm) | ₹6.36 Lakh |
| Floor 1 | 5 | 374 sqft (34.79 sqm) | ₹9.13 Lakh |
| Floor 2 | 10 | 374 sqft (34.79 sqm) | ₹9.13 Lakh |
| Floor 2 | 11 | 360 sqft (33.45 sqm) | ₹8.78 Lakh |
| Floor 2 | 12 | 370 sqft (34.39 sqm) | ₹9.03 Lakh |
| Floor 2 | 13 | 334 sqft (31 sqm) | ₹8.14 Lakh |
| Floor 2 | 14 | 344 sqft (31.92 sqm) | ₹8.38 Lakh |
| Floor 2 | 15 | 261 sqft (24.22 sqm) | ₹6.36 Lakh |
| Floor 2 | 6 | 360 sqft (33.45 sqm) | ₹8.78 Lakh |
| Floor 2 | 7 | 261 sqft (24.22 sqm) | ₹6.36 Lakh |
| Floor 2 | 9 | 331 sqft (30.71 sqm) | ₹8.06 Lakh |
| Floor 3 | 11 | 360 sqft (33.45 sqm) | ₹8.78 Lakh |
| Floor 3 | 12 | 261 sqft (24.22 sqm) | ₹6.36 Lakh |
| Floor 3 | 15 | 374 sqft (34.79 sqm) | ₹9.13 Lakh |
| Floor 3 | 16 | 360 sqft (33.45 sqm) | ₹8.78 Lakh |
| Floor 3 | 17 | 370 sqft (34.39 sqm) | ₹9.03 Lakh |
| Floor 3 | 18 | 344 sqft (31.92 sqm) | ₹8.14 Lakh |
| Floor 3 | 19 | 261 sqft (24.22 sqm) | ₹8.38 Lakh |
| Floor 3 | 20 | 261 sqft (24.22 sqm) | ₹6.36 Lakh |
| Floor 4 | 16 | 360 sqft (33.45 sqm) | ₹8.78 Lakh |
| Floor 4 | 17 | 393 sqft (36.54 sqm) | ₹9.59 Lakh |
| Floor 4 | 19 | 370 sqft (34.39 sqm) | ₹9.03 Lakh |
| Ground/Floor 0 | 01 | 400 sqft (37.15 sqm) | ₹9.75 Lakh |
| Ground/Floor 0 | 02 | 383 sqft (35.6 sqm) | ₹9.35 Lakh |
| Ground/Floor 0 | 03 | 357 sqft (33.16 sqm) | ₹8.71 Lakh |
| Ground/Floor 0 | 04 | 344 sqft (31.92 sqm) | ₹8.38 Lakh |
| Ground/Floor 0 | 05 | 261 sqft (24.22 sqm) | ₹6.36 Lakh |
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.
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 39 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| B BUILDING | 1 | G+4 | 19 | 31 Dec 2023 |
| C BUILDING | 1 | G+4 | 20 | 31 Dec 2023 |
Unit mix on the filing: 39 residential.
6 complaints are on the MahaRERA record for this project, with orders passed in 2. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12502691 | 01/08/2025 | VRUSHALI KALYAN GIRI vs BRAHMACHAITANYA ASSOCIATES | pending / no order on file |
| CC12502791 | 08/08/2025 | RAJENDRA RAGHUNATH CHAUDHARY vs BRAHMACHAITANYA ASSOCIATES | pending / no order on file |
| CC12503382 | 22/09/2025 | Maithili Sachin Kulkarni vs BRAHMACHAITANYA ASSOCIATES | order passed |
| CC12503906 | 07/11/2025 | NILESH BHARAT NIKAM vs BRAHMACHAITANYA ASSOCIATES | pending / no order on file |
| CC12503381 | 22/09/2025 | Sachin Gunderao Kulkarni vs BRAHMACHAITANYA ASSOCIATES | order passed |
| CC12600949 | 21/02/2026 | PRASHANT SURESH RANANAWARE vs BRAHMACHAITANYA ASSOCIATES | pending / no order on file |
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 |
|---|---|---|
| 31 Dec 2023 | 30 Dec 2024 | There are encroachment on the road to the site and the locals are not allowing to continue the construction they are creating Chaos during construction activity. |
| 31 Dec 2023 | 25 Dec 2027 | The completion of the project has been delayed mainly due to a lack of funds. Because of financial difficulties, construction work could not be carried out continuously and had to |
Located at HIVARE, HIVARE, Haveli, Pune, 412301. Per the filed land record, the plot is bounded to the north by PARTLY BY GAT NO 44 AND 12 FT WIDE ROAD, to the south by BY REMAINING PORTION OF GAT NO 45, to the east by BY GAT NO 44 and to the west by BY REMAINING PORTION OF GAT NO 45. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~32 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 |
|---|---|
| Pune Int'l Airport (Lohegaon) | 31 km |
| Kharadi / EON IT Park | 32 km |
| Magarpatta / Hadapsar IT | 36 km |
| Pune Junction / city centre | 38 km |
| Baner–Balewadi belt | 44 km |
| Hinjewadi Rajiv Gandhi IT Park | 46 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 SHARDAVANDAN HOMES PHASE 2?
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
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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