Pune/Project record

MahaRERA · the public record

The Luxe Towers - Building I and J

Shivaji nagar, Bhamburda · Neelsidhi Mohar Raisoni Developers LLP

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56units filed as unsoldInventory · 13 September 2026
31 Dec 2027declared completionMahaRERA registration · read 12 Jul 2026
72registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

31 Dec 2027

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P52100015603

Delivery and registration

When is the project declared for completion?

The Luxe Towers - Building I and J is registered with MahaRERA as P52100015603 and the promoter has declared completion for 31 Dec 2027.

31 Dec 2027

declared completion

15months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP52100015603
Registered on12 Mar 2018
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today15 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for The Luxe Towers - Building I and J record 32 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

  • Filing progress reports — 32 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Neelsidhi Mohar Raisoni is the promoter of record on 3 projects registered with MahaRERA, 1 of which carries a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

3projects

registered with MahaRERA

1flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Construction

How much construction cost has been reported?

In The Luxe Towers - Building I and J, ₹55.82 Cr of a declared ₹56.00 Cr estimated project cost is reported as incurred, about 99.7%, as at the last certified filing with MahaRERA.

99.7%

₹55.82 Cr

of ₹56.00 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In The Luxe Towers - Building I and J, 16 of 72 homes filed with MahaRERA are recorded as sold or booked (14 with registered agreements and 2 booked), about 22%, and 56 remain available.

22%sold

16 of 72 homes

₹49.82 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹33.39 Cr (about 67%) is recorded as collected and ₹16.43 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 16 registered agreements, the effective carpet rate is ₹22,230/sqft, with eight in ten falling between ₹17,725 and ₹24,644 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, home by home

Read from MahaRERA on 13 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 16 homes carry one, and 56 of the 72 are recorded unsold.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
12021,681 sqftRs 3.8031 cr typical, over Rs 3.3000 cr to Rs 4.9005 cr4 filed on this stack, floors 1–11

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.

In The Luxe Towers - Building I and J, 33 of the 56 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 55 homes — ₹2,999 →

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+12 and 72 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Wing I1G+1224-
Wing J11G+1224-
Wing J21G+1224-

Unit mix on the filing: 72 residential.

Legal and disputes

What disputes are disclosed?

2 complaints are on the MahaRERA record for The Luxe Towers - Building I and J, with orders passed in 2 of them.

2complaints

2with an order

Counts as disclosed in the project record.

Source · MahaRERA project disclosures · read 12 Jul 2026

Complaint no.FiledPartiesStatus
CC1250442212/12/2025Arun Rangnath Bahirat vs Neelsidhi Mohar Raisoni Developers LLPorder passed
SM1260018223/03/2026Ram Gawali vs Neelsidhi Mohar Raisoni Developers LLPorder passed

Legal & Litigation

The promoter has declared 1 court case on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your home. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Civil Court Pune Maharashtra15322025Ongoing

Deadline Extensions

The MahaRERA completion deadline for this project has been formally extended 1 time, as recorded on the register.

FromExtended toStated reason
as registered31 Dec 2027We would like to humbly state that we have neither commenced the project nor have accepted any bookings or any third party rights in the said project. Now we have obtained revised

Location, Land & Connectivity

Located at Shivaji nagar, Bhamburda , Off Senapati Bapat Road , Pune City, Pune, 411016. Per the filed land record, the plot is bounded to the north by 103A-10P AND 103A-11P AND 104, to the south by 103A-10 and 11 BLOCK NO 6 AND 103A-7, to the east by 103A-7 and to the west by 103A-10P AND 103A-11P AND ROAD. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~6 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Pune Junction / city centre5 km
Baner–Balewadi belt6 km
Magarpatta / Hadapsar IT11 km
Pune Int'l Airport (Lohegaon)11 km
Hinjewadi Rajiv Gandhi IT Park11 km
Kharadi / EON IT Park12 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.

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Neev
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Other RERA-registered projects in Pune

The Midas Residences Phase 1
possession by Jun 2029 · Selenite Properties Private Limited
The Midas Residences Phase 2
possession by Dec 2029 · Selenite Properties Private Limited
The Midas Residences Phase 3
possession by Dec 2029 · Selenite Properties Private Limited
The Midas Residences Phase 4
possession by Jun 2030 · Selenite Properties Private Limited
The Midas Residences Phase 5
possession by Jun 2030 · Selenite Properties Private Limited
The Midas Residences Phase 6
possession by Jun 2031 · Selenite Properties Private Limited

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: 20 Sep 2026