MahaRERA Property Intelligence · Pune

The Rising Phase - 2

P52100079133 · Haveli · promoter Saniket Buildcon

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP52100079133
Registered on10 Feb 2025
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 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, Saniket Buildcon is the promoter of record on 7 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 ~19.3% of the estimated project cost incurred as of the last certificate (₹17.03 Cr spent against a ₹88.14 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 238 homes filed with MahaRERA, 152 are sold/booked (151 with registered agreements + 1 booked) and 86 remain available (~64% sold) — selling steadily. Buyers have committed ₹98.66 Cr in agreement value so far. Of that, ₹34.82 Cr (~35%) is already collected, ₹63.85 Cr receivable — a read on how far along these sales really are. Note: the project registers 260 homes in total, but this sold/unsold inventory filing covers only 238 of them — the other 22 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 152 registered agreements, the effective carpet rate is ₹8,533/sqft (typical range ₹8,076–₹9,514) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 22 reserved. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+24 and 260 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building - A Wing - A31G+2488-
Building - A Wing - A41G+2488-
Building - A Wing - A51G+2484-

Unit mix on the filing: 260 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 Haveli, S. No. 67/2A/1 to 67/2A/5, 67/2B/1, 67/2B/1/1(P), Kiwale, Pune, Pune City, Pune, 412101. Per the filed land record, the plot is bounded to the north by By S No 68P S No 67P and Road, to the south by By S No 73 and Road, to the east by By S No 67P and to the west by By S No 67P. 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
Hinjewadi Rajiv Gandhi IT Park3 km
Baner–Balewadi belt8 km
Pune Junction / city centre19 km
Pune Int'l Airport (Lohegaon)22 km
Magarpatta / Hadapsar IT24 km
Kharadi / EON 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

Saniket Buildcon 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 Saniket Buildcon

Other RERA-registered projects in Ravet

Shivratna
possession by Jul 2026 · Mr Rajan Vishram Palekar
Glorious Tathastu
possession by Jul 2026 · Glorious Buildcon
Aqua Life
possession by Aug 2026 · Legacy Lifespaces LLP
City ONE Skyve
possession by Sep 2026 · Shree SAI Capital
Godrej Carnival
possession by Sep 2026 · Godrej Skyline Developers Limited
Godrej Nurture
possession by Sep 2026 · Godrej Skyline Developers Limited

Major developers building in Ravet

Other RERA-registered projects in Pune

THE River Nest
declared completion Jun 2024 · Prajot Prakash Jagdale
THE Riverside
declared completion Dec 2022 · GNP Landmarks LLP
The Rivolo Residences At Forest Trails
possession by Dec 2027 · Paranjape Schemes LTD
THE Roots
possession by Dec 2030 · Samarth Suyash Associates
The Sacred Basil Phase II
declared completion Dec 2019 · Ashapuri Realtors
The Sacred Basil Phase III
declared completion Jun 2022 · Ashapuri Kapase Ventures

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