The 4th Axis Phase 2

Delivery & Registration

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.

• Filing progress reports — 8 quarterly progress reports on record since registration, with no current default.

Builder Track Record

Across MahaRERA, Lifecraft Realty 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 ~36.8% of the estimated project cost incurred as of the last certificate (₹14.17 Cr spent against a ₹38.50 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.

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 110 homes filed with MahaRERA, 74 are sold/booked and 36 remain available (~67% sold) — selling steadily. Buyers have committed ₹42.92 Cr in agreement value so far. Of that, ₹30.56 Cr (~71%) is already collected, ₹12.35 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 74 registered agreements, the effective carpet rate is ₹8,309/sqft (typical range ₹6,961–₹8,807) — 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:

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+14 and 110 homes are registered across the project.

Unit mix on the filing: 110 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 Punawale, 25/7(P),25/8/4,25/8/5,25/8/6(P), Haveli, Pune, 411033. Per the filed land record, the plot is bounded to the north by Survey No 25 Shree Raghunath Koyate, to the south by Survey No 25 8 1 2 3 held by Mr Balu MrVishnu, to the east by Punawale-Marunji Road 30 Mtr and to the west by Survey No 25 8 1 2 3 held byMr Balu Mr Vishnu Mr N. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~8299 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

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.

Builder track record

Lifecraft Realty 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 Lifecraft Realty

Other RERA-registered projects in Punawale

Major developers building in Punawale

Other RERA-registered projects in Pune

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.