MahaRERA Property Intelligence · Pune

Vijay Business Square

PC1260002500483 · Shivajinagar · promoter Ns Developers

Certificate SignedDue 27 Feb 2027

Delivery & Registration

MahaRERA registrationPC1260002500483
Registered on05 Aug 2025
Promoter-declared completion27 Feb 2027
Current statusCertificate Signed
Against today7 months to the declared date

Construction Progress

MahaRERA's cost filing puts construction at ~24.4% of the estimated project cost incurred as of the last certificate (₹2.34 Cr spent against a ₹9.60 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. With only ~7 months to the declared date and ~24.4% of the cost incurred, ask the promoter how the balance gets built in the time left.

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 2 homes filed with MahaRERA, 1 are sold/booked and 1 remain available (~50% sold) — selling steadily. Buyers have committed ₹5.55 Cr in agreement value so far. Of that, ₹55.50 Lakh (~10%) is already collected, ₹5.00 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

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 2Office 2012,516 sqft (233.77 sqm)₹4.45 Cr

⚠ The inventory filing also declares: 2 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+5 and 4 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Vijay Business Square1G+54-

Unit mix on the filing: 4 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.

Location, Land & Connectivity

Located at Shivajinagar, Shivaji Nagar-Bhamburda, Pune City, Pune, 411005. Per the filed land record, the plot is bounded to the north by Property of Mr Pardeshi, to the south by Property of Mr Borawake & Hotel Pearl, to the east by Property of Mr Kelkar and to the west by Jangali Maharaj 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 ~26 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Pune Int'l Airport (Lohegaon)24 km
Kharadi / EON IT Park26 km
Magarpatta / Hadapsar IT30 km
Pune Junction / city centre31 km
Baner–Balewadi belt36 km
Hinjewadi Rajiv Gandhi IT Park37 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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Vijay Residency
declared completion Oct 2024 · Pradeep Baburao Takale
Vijay Skyline
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Vijay Vihar
declared completion Dec 2022 · Col. RPS Rawat

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