MahaRERA Property Intelligence · Pune

THE RAYA PHASE I

PR1260002502741 · Wakad · promoter Sunguard Builders Llp

Certificate SignedDue 31 Dec 2029

Delivery & Registration

MahaRERA registrationPR1260002502741
Registered on12 Mar 2026
Promoter-declared completion31 Dec 2029
Current statusCertificate Signed
Against today41 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, Sunguard Builders Llp is the promoter of record on 3 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 ~17.5% of the estimated project cost incurred as of the last certificate (₹45.29 Cr spent against a ₹258.47 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 174 homes filed with MahaRERA, 0 are sold/booked and 174 remain available (~0% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

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+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 — a clean sheet worth re-checking near booking.

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. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

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.

🔒 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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Other RERA-registered projects in Wakad

Fusion Towers Phase III
possession by Jul 2026 · Rama Synergy Spaces
ANP Bizsquare
possession by Jul 2026 · Five Star Vighnesh Associates
Olive Orchard
possession by Jul 2026 · Anandtara Properties
Fairmont
possession by Aug 2026 · Krishna Icon Skyscraper LLP
Varad Residency
possession by Sep 2026 · Vilas Bhagaji Arekar
ANP Memento
possession by Sep 2026 · Five Star Construction Company

Major developers building in Wakad

Other RERA-registered projects in Pune

THE Regent Park
declared completion Apr 2018 · Kamdhenu Infrastructure
The Reserve
possession by Dec 2029 · LJM Estates LLP
THE Residences
declared completion Dec 2018 · Oxford Golf AND Resorts Private Limited
THE Ridges 41
possession by Dec 2029 · Aurigaa Realtors
THE Ridges Phase I
declared completion Aug 2019 · Venkateshwara Associates
The Ridges Phase II
declared completion Sep 2023 · Venkateshwara Associates

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