Bluegrass Residences Tower III
MahaRERA Property Intelligence · Pune
P52100005460 · PIMPRI CHINCHWAD · promoter Vaishnavi
| MahaRERA registration | P52100005460 |
| Registered on | 11 Aug 2017 |
| Promoter-declared completion | 31 Dec 2027 |
| Current status | Certificate Signed |
| Against today | 17 months to the declared date |
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.
Across MahaRERA, Vaishnavi is the promoter of record on 75 projects, of which 16 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.
MahaRERA's cost filing puts construction at ~62.0% of the estimated project cost incurred as of the last certificate (₹24.20 Cr spent against a ₹39.01 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.
Of 115 homes filed with MahaRERA, 58 are sold/booked and 57 remain available (~50% sold) — selling steadily. Buyers have committed ₹14.36 Cr in agreement value so far. Of that, ₹14.36 Cr (~100%) is already collected, ₹0 receivable — a read on how far along these sales really are. Note: the project registers 211 homes in total, but this sold/unsold inventory filing covers only 115 of them — the other 96 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 58 registered agreements, the effective carpet rate is ₹5,594/sqft (typical range ₹3,491–₹6,866) — 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: 96 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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+15 and 211 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| B-WING | 1 | G+15 | 71 | 31 Dec 2023 |
| C-WING | 1 | G+13 | 91 | 31 Dec 2023 |
| A WING | 1 | G+13 | 49 | 31 Dec 2023 |
Unit mix on the filing: 121 residential and 90 non-residential (shops/offices).
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
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 Dec 2024 | 31 Dec 2027 | We wish to state that the project’s completion timeline needs to be extended, as we have received approval from the competent authority for additional upper floors. The constructio |
Located at PIMPRI CHINCHWAD, PIMPRI CHINCHWAD, Haveli, Pune, 411006. Per the filed land record, the plot is bounded to the north by GAT NO 72, to the south by 30 MTR BRT ROAD, to the east by GAT NO 71 and to the west by 18 MTR ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~7 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Hinjewadi Rajiv Gandhi IT Park | 7 km |
| Baner–Balewadi belt | 8 km |
| Pune Junction / city centre | 14 km |
| Pune Int'l Airport (Lohegaon) | 14 km |
| Kharadi / EON IT Park | 18 km |
| Magarpatta / Hadapsar IT | 19 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.
🔒 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.
🔒 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.
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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