MahaRERA Property Intelligence · Pune

SMH Nakshatra

P52100078518 · Borhadewadi · promoter Hande Builders Llp

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP52100078518
Registered on19 Dec 2024
Promoter-declared completion31 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.

Builder Track Record

Across MahaRERA, Hande Builders Llp is the promoter of record on 42 projects, of which 7 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 ~21.2% of the estimated project cost incurred as of the last certificate (₹1.50 Cr spent against a ₹7.07 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 ~21.2% 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.

Sales & Inventory

Of 42 homes filed with MahaRERA, 8 are sold/booked and 34 remain available (~19% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹3.45 Cr in agreement value so far. Of that, ₹1.58 Cr (~46%) is already collected, ₹1.87 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 8 registered agreements, the effective carpet rate is ₹6,712/sqft (typical range ₹5,576–₹6,860) — 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:

FloorUnitCarpetReckoner value
Floor 1101670 sqft (62.23 sqm)₹44.18 Lakh
Floor 1102670 sqft (62.23 sqm)₹44.18 Lakh
Floor 1103648 sqft (60.21 sqm)₹43.46 Lakh
Floor 1104655 sqft (60.81 sqm)₹43.20 Lakh
Floor 1105655 sqft (60.81 sqm)₹43.20 Lakh
Floor 1106648 sqft (60.21 sqm)₹43.46 Lakh
Floor 2201670 sqft (62.23 sqm)₹44.18 Lakh
Floor 2202670 sqft (62.23 sqm)₹44.18 Lakh
Floor 2203648 sqft (60.21 sqm)₹43.46 Lakh
Floor 2204655 sqft (60.81 sqm)₹43.20 Lakh
Floor 2205655 sqft (60.81 sqm)₹43.20 Lakh
Floor 2206648 sqft (60.21 sqm)₹43.46 Lakh
Floor 3301670 sqft (62.23 sqm)₹44.18 Lakh
Floor 3302670 sqft (62.23 sqm)₹44.18 Lakh
Floor 3304655 sqft (60.81 sqm)₹43.20 Lakh
Floor 3305655 sqft (60.81 sqm)₹43.20 Lakh
Floor 3306648 sqft (60.21 sqm)₹43.46 Lakh
Floor 4406648 sqft (60.21 sqm)₹43.46 Lakh
Floor 5501670 sqft (62.23 sqm)₹46.39 Lakh
Floor 5502670 sqft (62.23 sqm)₹46.39 Lakh
Floor 5503648 sqft (60.21 sqm)₹45.64 Lakh
Floor 5506648 sqft (60.21 sqm)₹45.64 Lakh
Floor 6601670 sqft (62.23 sqm)₹46.39 Lakh
Floor 6602670 sqft (62.23 sqm)₹46.39 Lakh
Floor 6603648 sqft (60.21 sqm)₹45.64 Lakh
Floor 6604655 sqft (60.81 sqm)₹45.36 Lakh
Floor 6605655 sqft (60.81 sqm)₹45.36 Lakh
Floor 6606648 sqft (60.21 sqm)₹45.64 Lakh
Floor 7701670 sqft (62.23 sqm)₹46.39 Lakh
Floor 7702670 sqft (62.23 sqm)₹46.39 Lakh
Floor 7703648 sqft (60.21 sqm)₹45.64 Lakh
Floor 7704655 sqft (60.81 sqm)₹45.36 Lakh
Floor 7705655 sqft (60.81 sqm)₹45.36 Lakh
Floor 7706648 sqft (60.21 sqm)₹45.64 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.

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+7 and 42 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building A1G+742-

Unit mix on the filing: 42 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.

Location, Land & Connectivity

Located at Borhadewadi, Pune Nashik Highway, Haveli, Pune, 412105. Per the filed land record, the plot is bounded to the north by Property of Sham Agarwal, to the south by Property of Kishan Rajput, to the east by Property of Suresh Jumani and to the west by Sumeru Residency Building. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~15 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Pune Int'l Airport (Lohegaon)14 km
Hinjewadi Rajiv Gandhi IT Park15 km
Baner–Balewadi belt16 km
Pune Junction / city centre18 km
Kharadi / EON IT Park18 km
Magarpatta / Hadapsar IT21 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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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