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Geras Isle Royale Tower 2 and 3
By Gera Developments Private Limited
RG-MH-10628 · RERA P52100009870 · Last updated on MahaRERA portal: 30 Sep 2021
Source: official MahaRERA filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 24 other registrations and every project registered within 2 km.
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Geras Isle Royale Tower 2 and 3 is a Residential / Group Housing project by Gera Developments Private Limited in Pune, Maharashtra, registered with MahaRERA as P52100009870 on 22 Aug 2017. The registration is recorded completed; possession was promised by 30 Dec 2021.
At a glance
Project
- NameGeras Isle Royale Tower 2 and 3
- TypeResidential / Group Housing
- Location
- Bavdhan
- Bavadhan BK
- Mulshi
- Pune
- 411021
- Pincode411021
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100009870
- ReraGenie IDRG-MH-10628
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on22 Aug 2017
- Promised completion30 Dec 2021
- Revised completionNone
- Buildings2 building records
- Documents filed70 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Geras Isle Royale Tower 2 | NA | 19 | 0 | 0 | 0 | 0 |
| Geras Isle Royale Tower 3 | NA | 20 | 0 | 0 | 0 | 0 |
The full filing
Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.
Construction progress by building2
As on 30 Sep 2021, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
9 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Staircases, at 98%.
Geras Isle Royale Tower 273%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 95% |
| Sanitary Fittings within the flats / premises | 12% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 98% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 98% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 98% |
Geras Isle Royale Tower 383%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 95% |
| Sanitary Fittings within the flats / premises | 20% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 98% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 98% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 98% |
Progress on shared amenities15
As on 30 Sep 2021, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | Yes | 100% |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | Yes | 100% |
| Community Buildings | Yes | 100% |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 100% |
| Solid Waste Management And Disposal | Yes | 100% |
| Water conservation /Rain water harvesting | Yes | 100% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | Yes | 100% |
| Open Parking | Yes | 100% |
Parking filed210
Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.
| Building | Closed/Covered | Open Space | Total |
|---|---|---|---|
| Geras Isle Royale Tower 2 | 112 | 8 | 120 |
| Geras Isle Royale Tower 3 | 90 | 0 | 90 |
Land and ownership
MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
Approvals and building plan
Project account and cost
70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.
Certifying professionals and partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Gera Developments |
| Engineer | Santosh Tiwatne |
| Chartered Accountant | K Ray & Co |
| Chartered Accountant | Khandelwal Jain & Associates |
| Partner | Role in project |
|---|---|
| Gera Developments Private Limited | - |
Litigation declared12
| Case | Court | Status |
|---|---|---|
| 761/2004 | Civil Court Pune | Ongoing |
| 1656/2009 | High Court Bombay | Ongoing |
| 1173/2010 | Civil Court Pune | Ongoing |
| 493/2010 | Civil Court Pune | Ongoing |
| 2027/2012 | Civil Court Pune | Ongoing |
| 401/2012 | Civil Court Pune | Ongoing |
| 1664/2014 | Civil Court Pune | Ongoing |
| 1213/2017 | Civil Court Pune | Ongoing |
| 1858/2019 | Civil Court Pune | Ongoing |
| 797/2019 | Civil Court Pune | Ongoing |
| 1879/2017 | Civil Court Pune | Ongoing |
| 317/2011 | Civil Court Pune | Ongoing |
Complaints filed with MahaRERA
No complaints on record against this registration.
The permission chain
The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 29 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 29 Jul 2017 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 2 Nov 2020 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 29 Jul 2017Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateOn the file
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
uploaded 18 Jun 2021
Documents filed70
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5_IR Tower 2-3.pdf | 30 Sep 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Notes to Form 5_IR Tower 2-3.pdf | 30 Sep 2021 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: IR Bavdhan OC of T2 T3.pdf | 18 Jun 2021 |
| Disclosure of sold/ booked inventoryFile: IR 2-3 inventory.pdf | 1 Jun 2021 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: IR Bavdhan OC of T2 - T3_1.pdf | 1 Jun 2021 |
| Declaration in FORM BFile: Form B- IR 2-3_Oct-20.pdf | 23 Nov 2020 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: RERA Arch CERTIFICATE-TOWER T-2 T-3.pdf | 23 Nov 2020 |
| Proforma of Allotment letterFile: Post-OC-IR-II III Agreement-Ver 6B- 27-Oct-20.pdf | 23 Nov 2020 |
| Building plan approvalFile: 1-22.pdf | 2 Nov 2020 |
| Building plan approvalFile: 14-22.pdf | 2 Nov 2020 |
| Building plan approvalFile: 15-22.pdf | 2 Nov 2020 |
| Building plan approvalFile: 16-22.pdf | 2 Nov 2020 |
| Building plan approvalFile: 17-22.pdf | 2 Nov 2020 |
| Building plan approvalFile: 18-22.pdf | 2 Nov 2020 |
| Building plan approvalFile: 19-22.PDF | 2 Nov 2020 |
| Building Plan Approval (IOD)File: 1-22.pdf | 2 Nov 2020 |
| Building Plan Approval (IOD)File: 14-22.pdf | 2 Nov 2020 |
| Building Plan Approval (IOD)File: 15-22.pdf | 2 Nov 2020 |
| Building Plan Approval (IOD)File: 16-22.pdf | 2 Nov 2020 |
| Building Plan Approval (IOD)File: 17-22.pdf | 2 Nov 2020 |
| Building Plan Approval (IOD)File: 18-22.pdf | 2 Nov 2020 |
| Building Plan Approval (IOD)File: 19-22.PDF | 2 Nov 2020 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: IR 2-3-2019.pdf | 30 Sep 2020 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: IR 2 -3-Audit.pdf | 30 Sep 2020 |
| Details of Restarting of Construction work post lockdownFile: IR 2-3.pdf | 20 Jun 2020 |
| Certificates of CA (Form 5)File: IR 2-3-2019.pdf | 30 Sep 2019 |
| Proforma of Allotment letterFile: Gera's IR-2 Application Form -V3.pdf | 7 Feb 2019 |
| Proforma of Allotment letterFile: Post-OC-IR-II -III Agreement-Ver 6B.pdf | 7 Feb 2019 |
| Certificates of Architect (Form 4)File: Form4- IR 70 unit completion.pdf | 7 Feb 2019 |
| OtherFile: OC IR T 2 T 3 -24jan-19.PDF | 7 Feb 2019 |
| OtherFile: IR EC Expansion 163 tenements.pdf | 7 Feb 2019 |
| OtherFile: C to E ammendment IR 163 tenements.pdf | 7 Feb 2019 |
| OtherFile: IR-II- III Agreement-Ver-6A.pdf | 7 Feb 2019 |
| Certificates of Architect (Form 4)File: T2 T3 - completion certificate.pdf | 22 Nov 2018 |
| OtherFile: IR OC T 2 -T 3 OCC 0925-18.PDF | 22 Nov 2018 |
| Details of encumbrancesFile: Encum-IR-2-2.pdf | 1 Nov 2018 |
| Declaration in FORM BFile: Form B-IR 2-3.pdf | 1 Nov 2018 |
| Certificates of CA (Form 5)File: GDPL IR 2 -3.pdf | 30 Sep 2018 |
| Proforma of Allotment letterFile: IR-II- III Agreement-Ver5.pdf | 9 Aug 2018 |
| Proforma of Allotment letterFile: IR-2-3AgreementVer4.pdf | 23 May 2018 |
| Proforma of Allotment letterFile: IR-II-III Agreement-Ver3.pdf | 2 May 2018 |
| Proforma of Allotment letterFile: Gera's IR-2 Application Form Ver 2.pdf | 8 Sep 2017 |
| Proforma of Allotment letterFile: Gera's IR-3 Application Form ver 2.pdf | 8 Sep 2017 |
| Building plan approvalFile: (15-19 ) CC No 2978-16 dated 23Dec2016.pdf | 29 Jul 2017 |
| Building plan approvalFile: (16-19 ) CC No 2978-16 dated 23Dec2016.pdf | 29 Jul 2017 |
| Building plan approvalFile: (17-19 ) CC No 2978-16 dated 23Dec2016.pdf | 29 Jul 2017 |
| Building plan approvalFile: (18-19 ) CC No 2978-16 dated 23Dec2016.pdf | 29 Jul 2017 |
| Building plan approvalFile: (19-19 ) CC No 2978-16 dated 23Dec2016( Basement Parking Plans).PDF | 29 Jul 2017 |
| Building plan approvalFile: (1-19 ) CC No 2978-16 dated 23Dec2016 (Building Lay Out).pdf | 29 Jul 2017 |
| Building plan approvalFile: (14-19 ) CC No 2978-16 dated 23Dec2016.pdf | 29 Jul 2017 |
| Layout approvalFile: ( 3-3 ) Amalgamation commencement certificate no 3379-15 dated 31Dec2015.pdf | 29 Jul 2017 |
| PAN CardFile: GDPL PAN.pdf | 29 Jul 2017 |
| Copy of the legal title reportFile: Title Opinion 24-7-17- Isle Royalecompressed.pdf | 29 Jul 2017 |
| Details of encumbrancesFile: Details of encumbrances.pdf | 29 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: ( 3-3 ) Amalgamation commencement certificate no 3379-15 dated 31Dec2015.pdf | 29 Jul 2017 |
| Building Plan Approval (IOD)File: (1-19 ) CC No 2978-16 dated 23Dec2016 (Building Lay Out).pdf | 29 Jul 2017 |
| Building Plan Approval (IOD)File: (14-19 ) CC No 2978-16 dated 23Dec2016.pdf | 29 Jul 2017 |
| Building Plan Approval (IOD)File: (15-19 ) CC No 2978-16 dated 23Dec2016.pdf | 29 Jul 2017 |
| Building Plan Approval (IOD)File: (16-19 ) CC No 2978-16 dated 23Dec2016.pdf | 29 Jul 2017 |
| Building Plan Approval (IOD)File: (17-19 ) CC No 2978-16 dated 23Dec2016.pdf | 29 Jul 2017 |
| Building Plan Approval (IOD)File: (18-19 ) CC No 2978-16 dated 23Dec2016.pdf | 29 Jul 2017 |
| Building Plan Approval (IOD)File: (19-19 ) CC No 2978-16 dated 23Dec2016( Basement Parking Plans).PDF | 29 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement certificate number CC-2978-16 Dated 23Dec2016.PDF | 29 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate -NoCC-4449-15 dated 31Dec2016.PDF | 29 Jul 2017 |
| Declaration in FORM BFile: Form B IR 2-3compress.pdf | 29 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arch-IR2-3.pdf | 29 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Eng-Certificate IR-T2and3.pdf | 29 Jul 2017 |
| Certificates of CA (Form 3)File: CA Certificate.pdf | 29 Jul 2017 |
| Proforma of Allotment letterFile: IR 2 3Agreement 29072017.pdf | 29 Jul 2017 |
| Proforma of Allotment letterFile: IR 2 3Combined Application form 29072017.pdf | 29 Jul 2017 |
Promoter's earlier projects6
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Flats | Status | Promised | Delivered |
|---|---|---|---|---|---|
| Geras Imperium Green | Chalta No 13 Part of PT Sheet No 73 Plot No A X Neogi nagar Rua de Ourem Road Panji Goa | 61 | Completed | Apr 2019 | May 2015 |
| Geras Greenville Song of Joy A1 A2 | Survey No 64 Hissa No 1 to 6 | 120 | Completed | Apr 2017 | Oct 2016 |
| A1 A2 Song of Joy Geras Greenville | S No 64 Hissa No 1to 6 Kharadi Pune 14 | 120 | Completed | Apr 2017 | Oct 2016 |
| Geras Greensville Trinity Towers | Survey No 64 Hissa No 1 to 6 Kharadi Pune 411 014 | 248 | Completed | Nov 2015 | Oct 2015 |
| Geras Regent Tower | Survey No 33 Hissa No 2 2 Village Baner Pune | 9 | Completed | Nov 2014 | Sep 2014 |
| Geras Parkview I | Survey No 73 Hissa No 1 Kharadi Pune 411014 | 227 | Completed | Apr 2014 | Late, Mar 2015 |
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Buyer report
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- All 70 filed documents as one ZIP, foldered, with a manifest
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Builder: Gera Developments Private Limited
Gera Developments Private Limited has 25 registrations on MahaRERA, including A3, Song of Joy, Geras Greensville2 and Geras Misty Waters. Its filings disclose 10 earlier MahaRERA projects: declares 8 of 10 past projects completed on time. Litigation is declared on 5 of its registrations. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What are my rights if Geras Isle Royale Tower 2 and 3 is delayed beyond 30 Dec 2021?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.
How do I verify and contact the developer of Geras Isle Royale Tower 2 and 3?
The registered promoter entity is Gera Developments Private Limited, a company as per the filing. Neither this filing nor this promoter's other MahaRERA registrations disclose a CIN, LLPIN or GSTIN for this entity. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.
Is my payment protected in Geras Isle Royale Tower 2 and 3?
Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.
How current is the construction progress shown for Geras Isle Royale Tower 2 and 3?
Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.
Who certifies construction progress at Geras Isle Royale Tower 2 and 3?
The professionals named in the filing: Architect: Gera Developments; Engineer: Santosh Tiwatne; Chartered Accountant: K Ray & Co; Chartered Accountant: Khandelwal Jain & Associates. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.
What should I check before booking in Geras Isle Royale Tower 2 and 3?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.
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