MahaRERA Property Intelligence · Pune

Spectrum Commercial Spaces

PC1260002502747 · Baner North · promoter Space Builders And

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationPC1260002502747
Registered on12 Mar 2026
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today17 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.

Construction Progress

MahaRERA's cost filing puts construction at ~2.8% of the estimated project cost incurred as of the last certificate (₹28.44 Lakh spent against a ₹10.22 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.

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 26 homes filed with MahaRERA, 1 are sold/booked and 25 remain available (~4% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹92.13 Lakh in agreement value so far. Of that, ₹13.82 Lakh (~15%) is already collected, ₹78.31 Lakh receivable — a read on how far along these sales really are. Note: the project registers 30 homes in total, but this sold/unsold inventory filing covers only 26 of them — the other 4 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.

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 2201749 sqft (69.56 sqm)₹67.70 Lakh
Floor 2202465 sqft (43.16 sqm)₹42.01 Lakh
Floor 2203760 sqft (70.6 sqm)₹68.71 Lakh
Floor 3301749 sqft (69.56 sqm)₹67.70 Lakh
Floor 3302465 sqft (43.16 sqm)₹42.01 Lakh
Floor 3303760 sqft (70.6 sqm)₹68.71 Lakh
Floor 4401749 sqft (69.56 sqm)₹67.70 Lakh
Floor 4402465 sqft (43.16 sqm)₹42.01 Lakh
Floor 4403760 sqft (70.6 sqm)₹68.71 Lakh
Floor 5501749 sqft (69.56 sqm)₹67.70 Lakh
Floor 5502465 sqft (43.16 sqm)₹42.01 Lakh
Floor 5503602 sqft (55.89 sqm)₹54.40 Lakh
Floor 55041,154 sqft (107.24 sqm)₹1.04 Cr
Floor 6601749 sqft (69.54 sqm)₹67.68 Lakh
Floor 6602465 sqft (43.16 sqm)₹42.01 Lakh
Floor 6603602 sqft (55.89 sqm)₹54.40 Lakh
Floor 66041,281 sqft (118.98 sqm)₹1.16 Cr
Floor 7701749 sqft (69.54 sqm)₹67.68 Lakh
Floor 7702465 sqft (43.16 sqm)₹42.01 Lakh
Floor 7703602 sqft (55.89 sqm)₹54.40 Lakh
Floor 77041,281 sqft (118.98 sqm)₹1.16 Cr
Ground/Floor 0Shop 11,003 sqft (93.2 sqm)₹1.09 Cr
Ground/Floor 0Shop 3651 sqft (60.51 sqm)₹70.98 Lakh
Ground/Floor 0Shop 4948 sqft (88.03 sqm)₹1.03 Cr
Ground/Floor 0Shop 5202 sqft (18.76 sqm)₹22.01 Lakh

⚠ The inventory filing also declares: 4 reserved. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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 30 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
WING A (DEV)1G+726-
WING B (PMC)1G+44-

Unit mix on the filing: 30 non-residential (shops/offices).

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 Baner North, Tilak Road, Haveli, Pune, 411045. Per the filed land record, the plot is bounded to the north by Property of Murkute Survey No 177 Baner, to the south by Plot B. Survey No 176 Baner, to the east by Property of Murkute Survey No 177 Baner and to the west by 9 Mtr Wide Village Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Baner–Balewadi belt2 km
Hinjewadi Rajiv Gandhi IT Park7 km
Pune Junction / city centre9 km
Pune Int'l Airport (Lohegaon)13 km
Magarpatta / Hadapsar IT15 km
Kharadi / EON IT Park15 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

Space Builders AND Developers 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 Space Builders AND Developers

Space Builders AND Developers
FlaggedPune

Other RERA-registered projects in Baner

7 Business BAY
possession by Jul 2026 · Saaj Buildcon Private Limited
Maitreya
Not filing quarterly progress reports · possession by Jul 2026 · Vaibhav Shamrao Taro
Mercury
possession by Aug 2026 · SB Real Estate Private Limited
Aarambh
possession by Aug 2026 · ADI Realtors
Nancy Hillview A-1
possession by Aug 2026 · M/S Sarsan Aawishkar Properties
Truspace Platina
possession by Aug 2026 · Atharva Developments

Major developers building in Baner

Other RERA-registered projects in Pune

Spine Casa
declared completion Feb 2024 · Deepak Mane
Spine City Residency Building C
declared completion Aug 2022 · Spine Developers
Spira Nest
declared completion Sep 2024 · Swastik Infra
Spirea
declared completion Dec 2018 · Vinode Buildcon
Splendid County
declared completion Dec 2021 · Yashada Builders
Splendid County Phase II
declared completion Dec 2020 · Yashada Builders

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