Pune/Project record

MahaRERA · the public record

THE RAYA PHASE I

Wakad · Sunguard Builders LLP

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171units filed as unsoldInventory · 12 September 2026
31 Dec 2029declared completionMahaRERA registration · read 02 Jul 2026
174registered unitsMahaRERA registration · read 02 Jul 2026

The record · free to read

Registration read 02 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 2029

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

MahaRERA registration · read 02 Jul 2026

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The source record

The details behind the headline.

MahaRERA · PR1260002502741

Delivery and registration

When is the project declared for completion?

THE RAYA PHASE I is registered with MahaRERA as PR1260002502741 and the promoter has declared completion for 31 Dec 2029.

31 Dec 2029

declared completion

39months to go

against the declared date

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

Source · MahaRERA project registration · read 02 Jul 2026

MahaRERA registrationPR1260002502741
Registered on12 Mar 2026
Promoter-declared completion31 Dec 2029
Current statusCertificate Signed
Against today39 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 RAYA PHASE I record 1 quarterly progress report 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 02 Jul 2026

  • Filing progress reports — 1 quarterly progress report on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Sunguard Builders Llp is the promoter of record on 4 projects registered with MahaRERA, none of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

4projects

registered with MahaRERA

0flagged

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 02 Jul 2026

Construction

How much construction cost has been reported?

In THE RAYA PHASE I, ₹45.29 Cr of a declared ₹258.47 Cr estimated project cost is reported as incurred, about 17.5%, as at the last certified filing with MahaRERA.

17.5%

₹45.29 Cr

of ₹258.47 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 02 Jul 2026

Sales

How much has actually been sold?

In THE RAYA PHASE I, 0 of 174 homes filed with MahaRERA are recorded as sold or booked, about 0%, and 174 remain available.

0%sold

0 of 174 homes

Counts as the promoter filed them at the last compliance date; this is the filed inventory, not current availability.

Source · MahaRERA sold/unsold inventory filing · read 02 Jul 2026

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

Sales

Are registered sale-agreement prices available?

No registered sale-agreement price is recorded for THE RAYA PHASE I in the MahaRERA project file.

Not available

This is what the record does not contain, not a value of zero.

Source · MahaRERA project file · checked 12 September 2026

What the filings record, home by home

Read from MahaRERA on 12 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 3 homes carry one, and 171 of the 174 are recorded unsold. Since we started watching this ledger, 3 homes have moved out of the unsold list, most recently on 04 September 2026.

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. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.

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+33 and 174 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Tower A1G+3387-
Tower B1G+3387-

Unit mix on the filing: 174 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Location, Land & Connectivity

Located at Wakad, 210-211-7, Pune City, Pune, 411057. Per the filed land record, the plot is bounded to the north by Plot No-6A and Internal Layout Road, to the south by Plot No-10 and 11, to the east by Plot No-8 and Internal Road and to the west by Plot no-6B and adjoining layout Land. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~4 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Baner–Balewadi belt4 km
Hinjewadi Rajiv Gandhi IT Park5 km
Pune Junction / city centre12 km
Pune Int'l Airport (Lohegaon)14 km
Kharadi / EON IT Park17 km
Magarpatta / Hadapsar IT17 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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THE Rise
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THE Rise
possession by Mar 2027 · Shree Sah 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: 20 Sep 2026