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RAMA SPACES: RERA track record

Others ยท attribution by exact filing name, entity resolution in progress

RAMA SPACES has 6 registrations in this build, including PARADISE ONE and Krystal World Phase I. Its filings disclose 4 earlier MahaRERA projects: 1 of 3 past projects completed on time.

6Registrations in this build
4Past projects disclosed
on timeMedian delivery slip
0Registrations with litigation

Projects in this build

ProjectLocationUnits BookedStatus
PARADISE ONEPune, Maharashtra--Completed
Krystal World Phase IPune, Maharashtra--Registration lapsed
KRYSTAL ONE PHASE IPune, Maharashtra224100%Completed
KRYSTAL ONE PHASE IIPune, Maharashtra112100%Registered
KRYSTAL ONE PHASE IIIPune, Maharashtra152100%Registered
Krystal One Phase IVPune, Maharashtra22287%Registered

Past projects, as disclosed in RERA filings

ProjectPromised completionActual completionDelivery
KRYSTAL CITY - PEARL
31 Mar 201713 Apr 2017On time
KRYSTAL CITY - SAPPHIRE
30 Apr 201726 Apr 2017On time
PARADISE ONE
P52100018033
30 Sep 202127 Apr 2023+19 months
KRYSTAL ONE PHASE I
P52100030567
31 Oct 2024Not completed yetOngoing

Frequently asked questions

How do I verify RAMA SPACES as a legal entity before signing?

Your agreement for sale must name the exact entity registered for the project, not a group brand. The registration certificate on each project's MahaRERA page names the exact legal entity; ask for it if the sales office only uses a brand name. Large builders commonly register one company or LLP per project, which is normal; the entity on the registration certificate is the one legally accountable to you.

How should I use this delivery record when booking with RAMA SPACES?

Their completed projects have landed on time so far, but apply the same test to the specific project: promised date, current progress, and sales pace. If possession then slips past your agreement date, section 18 entitles you to interest at SBI's highest MCLR plus 2 percent (currently 10.90% per annum) for every month of delay, or an exit with a full refund with interest.

The record above looks clean. What should I still check?

A clean filing history is a good sign, not a guarantee. Filings only show what promoters must disclose: they do not show build quality, the state of approvals still pending, or whether the agreement they offer follows MahaRERA's model clauses. Check the specific project's certificates and agreement deviations, and confirm sales pace is matched by construction pace quarter on quarter.

Data from official MahaRERA filings. Spotted a wrongly attributed project? Report a mismatch.