MahaRERA Property Intelligence · Pune

THE WORK CLUB PHASE II

P52100027555 · Pimpri Waghere · promoter Ravima Developer

Certificate SignedDue 30 Jun 2025

Delivery & Registration

MahaRERA registrationP52100027555
Registered on16 Dec 2020
Promoter-declared completion30 Jun 2025
Current statusCertificate Signed
Against todayabout 13 months past 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, Ravima Developer is the promoter of record on 11 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 ~89.7% of the estimated project cost incurred as of the last certificate (₹14.55 Cr spent against a ₹16.21 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. The declared completion date has already passed while the cost-incurred filing sits at ~89.7% — a wide gap between the promise and the money actually spent on site.

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 54 homes filed with MahaRERA, 40 are sold/booked and 14 remain available (~74% sold) — selling steadily. Buyers have committed ₹17.62 Cr in agreement value so far. Of that, ₹17.59 Cr (~100%) is already collected, ₹2.42 Lakh receivable — a read on how far along these sales really are. Note: the project registers 72 homes in total, but this sold/unsold inventory filing covers only 54 of them — the other 18 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 40 registered agreements, the effective carpet rate is ₹14,237/sqft (typical range ₹11,421–₹16,339) — 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 1010011,671 sqft (155.25 sqm)₹2.22 Cr
Floor 1010021,115 sqft (103.63 sqm)₹1.81 Cr
Floor 1010031,520 sqft (141.25 sqm)₹1.94 Cr
Floor 101004691 sqft (64.24 sqm)₹63.52 Lakh
Floor 1111011,768 sqft (164.29 sqm)₹2.36 Cr
Floor 1111021,386 sqft (128.77 sqm)₹1.92 Cr
Floor 4406B406 sqft (37.68 sqm)₹61.50 Lakh
Floor 6606-A401 sqft (37.27 sqm)₹42.34 Lakh
Floor 6606-B441 sqft (40.98 sqm)₹64.53 Lakh
Floor 7706-B441 sqft (40.98 sqm)₹64.53 Lakh
Floor 8801369 sqft (34.26 sqm)₹62.05 Lakh
Floor 9901369 sqft (34.26 sqm)₹68.26 Lakh
Floor 9906-B441 sqft (40.98 sqm)₹64.53 Lakh
Floor 9910558 sqft (51.8 sqm)₹48.89 Lakh

⚠ The inventory filing also declares: 18 owner/investor-held. 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+10 and 72 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
THE Work CLUB1G+1072-

Unit mix on the filing: 72 non-residential (shops/offices).

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
30 Jun 202430 Jun 2025Project progress is delayed due to shortage of labour and material. Will require another 12 months to complete the same and obtain occupancy certificate from local authorities.

Location, Land & Connectivity

Located at Pimpri Waghere, Old Mumbai Pune Road, Haveli, Pune, 411018. Per the filed land record, the plot is bounded to the north by CTS No 5765, to the south by CTS No 5764 P, to the east by 25 Mtr Wide Road and to the west by 61 Mtr Wide Old Mumbai Pune Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~8 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Hinjewadi Rajiv Gandhi IT Park8 km
Baner–Balewadi belt8 km
Pune Int'l Airport (Lohegaon)13 km
Pune Junction / city centre14 km
Kharadi / EON IT Park17 km
Magarpatta / Hadapsar IT18 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

Ravima Developer is the promoter on 6 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 Ravima Developer

Other RERA-registered projects in Pimpri

Stella Apex
possession by Oct 2026 · Vastuspace Realty Promoters AND Develope
Dharampal Corporate Avenue
possession by Dec 2026 · Surender Dharampal Agarwal
Pristine Palazzo
possession by Dec 2026 · Kanha Developers
Skylish Vaastuu
possession by May 2027 · Skylish Bluediamond Innfrracon
Santoshi Mata Complex
possession by Aug 2027 · Njhb Properties
Mahindra Nestalgia
possession by Aug 2027 · Mahindra Bloomdale Developers Limited

Major developers building in Pimpri

Other RERA-registered projects in Pune

THE Xchange
possession by Dec 2030 · Rajyog Enterprises
Thecrown
declared completion Sep 2025 · Marimagnum Constructions
Thicket Street 75, Valley Street 42 LCL 0022
declared completion Dec 2021 · Lavasa Corporation Ltd
Thorat Heights
possession by Aug 2026 · Jagdamba Developers
Thorat Icon
possession by Oct 2026 · Devansh Promoter AND Developers
Thorve House
possession by Jun 2027 · Not Available

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