MahaRERA Property Intelligence · Pune

The Shwet

P52100045752 · Pune · promoter Raichandani Constructions Developers

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP52100045752
Registered on09 Jun 2022
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today5 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, Raichandani Constructions Developers is the promoter of record on 14 projects, of which 1 carries 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.

Sales & Inventory

Of 12 homes filed with MahaRERA, 7 are sold/booked and 5 remain available (~58% sold) — selling steadily. Buyers have committed ₹6.78 Cr in agreement value so far. Of that, ₹4.97 Cr (~73%) is already collected, ₹1.81 Cr receivable — a read on how far along these sales really are. Note: the project registers 18 homes in total, but this sold/unsold inventory filing covers only 12 of them — the other 6 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 7 registered agreements, the effective carpet rate is ₹12,285/sqft (typical range ₹11,695–₹15,042) — 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
Floor 1102894 sqft (83.04 sqm)₹77.31 Lakh
Floor 3301645 sqft (59.93 sqm)₹50.01 Lakh
Floor 3302894 sqft (83.04 sqm)₹70.28 Lakh
Floor 3303857 sqft (79.65 sqm)₹66.56 Lakh
Floor 5501563 sqft (52.26 sqm)₹48.65 Lakh

⚠ The inventory filing also declares: 6 not for sale. 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+5 and 18 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
The Shwet1G+518-

Unit mix on the filing: 18 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.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.

From (declared)To (revised)Stated reason
31 Dec 202431 Dec 2026The project completion has been delayed due to circumstances beyond the control of the promoter. The project was adversely affected by delays in statutory approvals, disruption in

Location, Land & Connectivity

Located at Pune, Baner, Pune City, Pune, 411045. Per the filed land record, the plot is bounded to the north by S No 216 Hissa No 06 Plot No 11, to the south by S No 216 Hissa No 06 Plot No 08, to the east by S No 216 Hissa No 07 and to the west by 9 Meter Existing Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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

Raichandani Constructions & Developers 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 Raichandani Constructions & Developers

Raichandani Constructions & Developers
FlaggedPune

Other RERA-registered projects in Baner

7 Business BAY
possession by Jul 2026 · Saaj Buildcon Private Limited
Maitreya
Not filing quarterly progress reports · possession by Jul 2026 · Vaibhav Shamrao Taro
Mercury
possession by Aug 2026 · SB Real Estate Private Limited
Aarambh
possession by Aug 2026 · ADI Realtors
Nancy Hillview A-1
possession by Aug 2026 · M/S Sarsan Aawishkar Properties
Truspace Platina
possession by Aug 2026 · Atharva Developments

Major developers building in Baner

Other RERA-registered projects in Pune

THE Silver Altair
possession by Dec 2028 · Silver Star Group
THE Silver Altair Tower-C
possession by Mar 2027 · Silver Star Group
THE Silver Altair Tower-D Mhada
declared completion Jul 2025 · Silver Star Group
THE SKY Tower
declared completion Jun 2026 · Prabhas Realty
THE Skylark
possession by Jun 2027 · Mohisha Realtors LLP
THE Skylark Phase 1
declared completion Dec 2022 · Mohisha Realtors LLP

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