MahaRERA Property Intelligence · Pune

TEJASVI HERITAGE

P52100053160 · BIBVEWADI MUNJERI · promoter Tejasvi Developers

Certificate SignedDue 30 Jun 2026

Delivery & Registration

MahaRERA registrationP52100053160
Registered on17 Oct 2023
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, Tejasvi Developers is the promoter of record on 2 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 ~79.0% of the estimated project cost incurred as of the last certificate (₹16.56 Cr spent against a ₹20.96 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 ~79.0% — 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.

Sales & Inventory

Of 21 homes filed with MahaRERA, 8 are sold/booked and 13 remain available (~38% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹8.27 Cr in agreement value so far. Of that, ₹6.94 Cr (~84%) is already collected, ₹1.33 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 ₹7,784/sqft (typical range ₹6,723–₹10,313) — 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 1FLAT NO 1011,258 sqft (116.87 sqm)₹95.10 Lakh
Floor 1FLAT NO 1021,339 sqft (124.37 sqm)₹1.01 Cr
Floor 1FLAT NO 1031,122 sqft (104.27 sqm)₹84.85 Lakh
Floor 2FLAT NO 2011,258 sqft (116.87 sqm)₹95.10 Lakh
Floor 2FLAT NO 2021,339 sqft (124.37 sqm)₹1.01 Cr
Floor 2FLAT NO 2031,122 sqft (104.27 sqm)₹84.85 Lakh
Floor 3FLAT NO 3031,122 sqft (104.27 sqm)₹84.85 Lakh
Floor 4FLAT NO 4031,122 sqft (104.27 sqm)₹84.85 Lakh
Floor 5FLAT NO 5031,122 sqft (104.27 sqm)₹89.09 Lakh
Floor 6FLAT NO 6031,122 sqft (104.27 sqm)₹89.09 Lakh
Floor 7FLAT NO 7011,258 sqft (116.87 sqm)₹99.86 Lakh
Floor 7FLAT NO 7021,339 sqft (124.37 sqm)₹1.06 Cr
Floor 7FLAT NO 7031,122 sqft (104.27 sqm)₹89.09 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 21 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
TEJASVI HERITAGE1G+721-

Unit mix on the filing: 21 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.

Deadline Extensions

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 202431 Dec 2025DUE TO REVISED PLAN
31 Dec 202430 Jun 2026DUE TO TECHNICAL REASON

Location, Land & Connectivity

Located at BIBVEWADI MUNJERI, BIBVEWADI, Haveli, Pune, 411037. Per the filed land record, the plot is bounded to the north by CTS NO 860 PART, to the south by ROAD 9 M, to the east by NALA and to the west by CTS NO 860 PART. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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

Tejasvi 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 RERA-registered projects in Bibwewadi

Celia Phase 2
Not filing quarterly progress reports · possession by Jul 2026 · Enerrgia Developers
Ravindu
possession by Jul 2026 · Shubh Ventures
Siddhachal - A1
possession by Jul 2026 · Viraj Properties (now Known As Viraj Pro
Indian Bank Staff CO-Operative Housing Society LTD
possession by Aug 2026 · Raichandani Constructions Private Limite
Siddhi -Siddhachal
possession by Aug 2026 · Bhairav Promoters Unit Number 1
Osian Navkar
possession by Sep 2026 · Osian Realty

Major developers building in Bibwewadi

Other RERA-registered projects in Pune

Tejaswi
possession by Jun 2027 · Associated Recons LLP
Tejelevia Building - A,B
possession by Dec 2028 · Tejraj Realtors LLP
Tejelevia Building C
possession by Dec 2028 · Tejraj Realtors LLP
Tejelevia Building D & Tejone Baner
possession by Sep 2029 · Tejraj Realtors LLP
Tejomay Elite
possession by Dec 2028 · Tejomay Realties LLP
TEN BKC
possession by Dec 2029 · Mahalaxmi Land Developers

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