MahaRERA Property Intelligence · Pune

THE JOY STREET GERAS ISLAND OF JOY

P52100079470 · Wagholi · promoter Gera Developments Private

Certificate SignedDue 30 Sep 2027

Delivery & Registration

MahaRERA registrationP52100079470
Registered on07 Mar 2025
Promoter-declared completion30 Sep 2027
Current statusCertificate Signed
Against today14 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, Gera Developments Private is the promoter of record on 46 projects, of which 3 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 ~22.0% of the estimated project cost incurred as of the last certificate (₹6.36 Cr spent against a ₹28.97 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 62 homes filed with MahaRERA, 51 are sold/booked (39 with registered agreements + 12 booked) and 11 remain available (~82% sold) — selling steadily. Buyers have committed ₹72.10 Cr in agreement value so far. Of that, ₹42.83 Cr (~59%) is already collected, ₹27.91 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 51 registered agreements, the effective carpet rate is ₹28,679/sqft (typical range ₹11,792–₹41,639) — 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
Basement39757 sqft (70.3 sqm)₹58.85 Lakh
Basement40757 sqft (70.34 sqm)₹58.88 Lakh
Basement41442 sqft (41.09 sqm)₹34.40 Lakh
Basement421,025 sqft (95.27 sqm)₹79.75 Lakh
Basement43939 sqft (87.2 sqm)₹73.00 Lakh
Basement44877 sqft (81.48 sqm)₹68.21 Lakh
Basement46595 sqft (55.3 sqm)₹46.29 Lakh
Basement47916 sqft (85.1 sqm)₹71.24 Lakh
Basement51609 sqft (56.62 sqm)₹47.40 Lakh
Basement53674 sqft (62.58 sqm)₹52.39 Lakh
Basement56798 sqft (74.16 sqm)₹62.08 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+2 and 62 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Commercial 011G+222-
Commercial 021G+218-
Commercial 031G+222-

Unit mix on the filing: 62 non-residential (shops/offices).

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC1250374425/10/2025Rajendra Ghevarchand Jain vs Gera Developments Private Limitedorder passed

Location, Land & Connectivity

Located at Wagholi, Solitaire Township Road, Haveli, Pune, 412207. Per the filed land record, the plot is bounded to the north by Project B, to the south by 30 M wide RP Road, to the east by Project C and to the west by Project A. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~3 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Kharadi / EON IT Park3 km
Magarpatta / Hadapsar IT6 km
Pune Int'l Airport (Lohegaon)7 km
Pune Junction / city centre10 km
Baner–Balewadi belt21 km
Hinjewadi Rajiv Gandhi IT Park25 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

Gera Developments Private Limited is the promoter on 27 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).

See every Gera Developments Private Limited project & its RERA track record →

Other flagged projects by Gera Developments Private Limited

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Other RERA-registered projects in Wagholi

Solvista Phase 1
possession by Sep 2026 · SSL Infrabuild LLP
Aurora 2
possession by Sep 2026 · Magnum Developers
Elite
possession by Sep 2026 · V & J Developers
Enliven Home B Wing Phase 2
possession by Sep 2026 · Siddhivinayak Properties
Godrej Greens
possession by Sep 2026 · Dream World Landmarks LLP
Kharadi Pune Phase I - Tower 1 To 4
possession by Oct 2026 · Lodha Developers Limited

Major developers building in Wagholi

Other RERA-registered projects in Pune

The Kings Way - A1, A2 And A3
declared completion Dec 2024 · The Kings Way AOP
THE Kings WAY AOP EWS
declared completion Dec 2024 · THE Kings WAY AOP
The Landmark
possession by Dec 2028 · Siddhivinayak Developers
THE Latitude - D
possession by Dec 2026 · Ahura Builders
The Latitude Phase 2
possession by Dec 2029 · Ahura Builders
The Leaf
declared completion Aug 2018 · Shree Pushkar 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