MahaRERA Property Intelligence · Pune

SPARKLE Phase II

P52100055140 · Near Gokul Nagar · promoter Skyrise Ventures Llp

Certificate SignedDue 30 Jun 2026

Delivery & Registration

MahaRERA registrationP52100055140
Registered on04 Mar 2024
Promoter-declared completion30 Jun 2026
Current statusCertificate Signed
Against todayabout 1 months past 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, Skyrise Ventures Llp is the promoter of record on 4 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 ~19.0% of the estimated project cost incurred as of the last certificate (₹6.92 Cr spent against a ₹36.50 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 ~19.0% — 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.

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+13.

BuildingWingsFloorsDeclared completion
SPARKLE B WING1G+1330 Jun 2026

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 Near Gokul Nagar, D P Road, Haveli, Pune, 411015. Per the filed land record, the plot is bounded to the north by Property of M Narayan and R Gurumurti and BB Gidde, to the south by Datta Temple and Property of Sandeep Palade, to the east by D P Road and to the west by Property of Kiran Athwal. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~7 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Pune Int'l Airport (Lohegaon)3 km
Kharadi / EON IT Park7 km
Pune Junction / city centre7 km
Magarpatta / Hadapsar IT9 km
Baner–Balewadi belt13 km
Hinjewadi Rajiv Gandhi IT Park16 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

Skyrise Ventures LLP is the promoter on 2 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 Skyrise Ventures LLP

Other RERA-registered projects in Dhanori

Gada Elina
possession by Jul 2026 · Kubix Realties LLP
Belmont Aster
possession by Aug 2026 · Prakash Ganpatrao Kshirsagar
Belmont Jasmine
possession by Aug 2026 · Uttam Nivrutti Dimbale
Murli Manohar Heights
possession by Sep 2026 · Padmanabh Associates
Yash Grecia- E Wing
possession by Sep 2026 · Akshay Enterprises
Aaiji Crystal Phase I
possession by Oct 2026 · Aaiji Developers

Major developers building in Dhanori

Other RERA-registered projects in Pune

Sparkle Residence
possession by Dec 2027 · Kale Developer
Sparkle Splendor
declared completion Jun 2026 · Not Available
Sparkline Residency
possession by Dec 2026 · A B Developers
Sparkline Society
declared completion Feb 2024 · A B Developers
Sparsh Aster
possession by Dec 2026 · Shree Enterprises
Sparsh Heights
declared completion Jun 2022 · Samruddhi Buildcon

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