MahaRERA Property Intelligence · Pune

TWIN TOWERS PHASE II

P52100046055 · MANJARI · promoter Gayatri Properties

Certificate SignedDue 06 May 2025

Delivery & Registration

MahaRERA registrationP52100046055
Registered on15 Jun 2022
Promoter-declared completion06 May 2025
Current statusCertificate Signed
Against todayabout 14 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, Gayatri Properties is the promoter of record on 36 projects, of which 4 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 ~83.6% of the estimated project cost incurred as of the last certificate (₹11.58 Cr spent against a ₹13.86 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 ~83.6% — 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 43 homes filed with MahaRERA, 43 are sold/booked and 0 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹15.38 Cr in agreement value so far. Of that, ₹14.62 Cr (~95%) is already collected, ₹76.10 Lakh receivable — a read on how far along these sales really are. Note: the project registers 78 homes in total, but this sold/unsold inventory filing covers only 43 of them — the other 35 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 43 registered agreements, the effective carpet rate is ₹7,387/sqft (typical range ₹6,839–₹7,780) — 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: 35 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+4 and 78 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A BUILDING1G+43931 Dec 2023
B BUILDING1G+43930 Dec 2023

Unit mix on the filing: 78 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 2 times. 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 202330 Dec 2024Construction work of the whole project is almost complete, along with all common facilities & area. Remaining of the Construction Work will be completed in 2-3 months & than file
31 Dec 202306 May 2025We are applying for Post Facto Extension (i.e. extension after receiving Completion Certificate) of our Project Completion Date with MahaRERA Authority, to extend proposed date of

Location, Land & Connectivity

Located at MANJARI, MANJARI, Pune City, Pune, 412307. Per the filed land record, the plot is bounded to the north by LAND OF 165 1 B AND 12 M ROAD, to the south by LAND OF S NO 164, to the east by LAND OF S NO 165 2 and to the west by LAND OF S NO 165 1A. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~6 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Kharadi / EON IT Park6 km
Magarpatta / Hadapsar IT6 km
Pune Int'l Airport (Lohegaon)10 km
Pune Junction / city centre12 km
Baner–Balewadi belt22 km
Hinjewadi Rajiv Gandhi IT Park27 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

Gayatri Properties 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 Gayatri Properties

Other RERA-registered projects in Shewalewadi

Mango Tree Villa Phase 1
possession by Jul 2026 · Palchin Real Estates Private Limited
GRM Avighna Apartment
possession by Sep 2026 · GRM Buildcon
Anand Park
possession by Dec 2026 · Shweta Vikas Bire
Godrej Sky Greens Phase 1
possession by Dec 2026 · Manjari Housing Projects LLP
Godrej Sky Greens Phase 2
possession by Dec 2026 · Manjari Housing Projects LLP
Joyville Hadapsar Annexe Phase 16
possession by Dec 2026 · Joyville Shapoorji Housing Private Limit

Major developers building in Shewalewadi

Other RERA-registered projects in Pune

U. S. Residency
declared completion Jun 2025 · New Modern Buildwell Private Limited
UBC
possession by Dec 2027 · Dhone Bathiya Enterprises LLP
Uday
possession by Mar 2027 · Prime Priorities Unit 1
Uday
possession by Jan 2027 · CVD Infra
Uday Heights
declared completion Jun 2026 · Saiguru Developers
Udyam BIZ Casa
declared completion Sep 2024 · Kadu Properties 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