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Registered Litigation declared Residential / Group Housing project

Geras Isle Royale Tower 4 and 5

By Gera Developments Private Limited

RG-MH-20496 · RERA P52100011031 · Last updated on MahaRERA portal: 8 Jul 2026

Source: official MahaRERA filing

Red flags

  • Litigation declared, 15 cases
  • Completion date moved by 80 months
  • 2 extensions taken

Clear

  • No complaints on record
  • No encumbrance on the project land
  • Separate project account declared
  • Allotment letter follows the model form

3 conditions are on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.

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Dec 2030Possession promisedmoved 80 months from the original
0 of 22Construction stages doneacross 2 buildings; furthest along: Excavation, 0%
32 of 42Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 104 documents Report an error

Geras Isle Royale Tower 4 and 5 is a Residential / Group Housing project by Gera Developments Private Limited in Pune, Maharashtra, registered with MahaRERA as P52100011031 on 31 Aug 2017. Possession is promised by 31 Dec 2030. The completion date has moved by 80 months from the original filing. 10 of the 42 units on this registration are recorded sold or booked, and 0 of 22 construction stages are filed complete.

At a glance

Project

  • NameGeras Isle Royale Tower 4 and 5
  • TypeResidential / Group Housing
  • Location
    • Bhavdhan
    • Bavdhan
    • Bavadhan BK
    • Mulshi
    • Pune
    • 411021
  • Pincode411021
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100011031
  • ReraGenie IDRG-MH-20496

Builder

  • NameGera Developments Private Limited
  • Entity typeCompany
  • Managing DirectorRohit Gera
  • Other registrations24 more →
  • Completed11 of 25
  • No longer live4 lapsed, de-registered or revoked
  • Declared earlier projects10 →

Key dates

this monthRegisteredAug 2017First promiseApr 2024Revised toDec 2030

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on31 Aug 2017
  • Promised completion31 Dec 2030
  • Revised completionRevised to 31 Dec 2030 (originally 30 Apr 2024)
  • Buildings2 building records
  • Documents filed104 files

Current status

24%10 of 42 units booked
2.4%Work done, per cost certificate

Figures as on 8 Jul 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Block ANA15021021
Block BNA15021021

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 8 Jul 2026, 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.

0 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Excavation, at 0%.

Block A0%
ActivityProgress
Excavation0%
Basement (if any)0%
Podiums (if any)0%
Plinth0%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
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.0%
Block B0%
ActivityProgress
Excavation0%
Basement (if any)0%
Podiums (if any)0%
Plinth0%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
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.0%

Progress on shared amenities15

As on 8 Jul 2026, 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 facilityProposedProgress
Internal Roads & FootpathsYes70%
Water SupplyYes40%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes50%
Storm Water DrainsYes40%
Landscaping & Tree PlantingYes80%
Street LightingYes60%
Community BuildingsYes100%
Treatment And Disposal Of Sewage And Sullage WaterYes50%
Solid Waste Management And DisposalYes50%
Water conservation /Rain water harvestingYes50%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes10%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceYes100%
Open ParkingNoNot applicable

Parking filed132

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.

Total parking slots132
Closed/Covered132
BuildingClosed/CoveredTotal
Block A6666
Block B6666

Land and ownership

Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.

Land area1,302 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on19 Jul 2025

Approvals and building plan

Sanctioning authorityPune Municipal Corporation
Permissible FSI8314.34
Proposed, not sanctioned8,314 sq m
Buildings approved2
Buildings sanctioned2

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.

Separate project accountDeclared
Bank branchA Wing Shangrila gardens Bund Garden Road- 411001
Estimated costRs 101.07 cr
Cost incurredRs 2.44 cr
Work done2.41%
BuildingWingEstimatedIncurred
Block BNARs 42.86 cr-
Block ANARs 42.86 cr-
-NARs 15.35 crRs 2.44 cr

Certifying professionals and partners9

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectMalwadkar Architects Pvt Ltd
ArchitectGera Developments
EngineerSantosh Tiwatne
EngineerAshish Rajigare
Chartered AccountantJain Doshi and Associates
Chartered AccountantK Ray & Co
Chartered AccountantKhandelwal Jain & Associates
Chartered AccountantDeepak Shah
Chartered AccountantShah Khandelwal Jain & Associates
PartnerRole in project
Gera Developments Private Limited-

Extensions applied for2

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EXT52100024610Apr 2024 → Apr 2027

Reason as filed by the promoterWe, hereby apply for extension u/s 7 (3) of the registered project bearing registration number P52100011031. Project was registered in August 2017. We Gera Developments Private Limited do hereby declare that the honorable Bombay High-Court in second appeal number 397/11 had passed an interim order dated 5th August 2016“restraining Gera Developments Private Limited from commencing any new construction activities, including excavation, on the suit plot” (Project Land). (restraining order Uploaded) In pursuance of the Interim order dated 5th August 2016 Gera Developments Private Limited was not a

EA31122519178Apr 2024 → Dec 2030

Reason as filed by the promoterhe construction activities of the project undertaken by Gera Developments Private Limited had not commenced as the revised Commencement Certificate (CC) was awaited. The revised CC has now been received, and the project construction shall commence in accordance with the approved permissions and development schedule.

Litigation declared15

CaseCourtStatus
761/2004Civil Court PuneClosed
1656/2009High Court BombayClosed
493/2010Civil Court PuneOngoing
1173/2010Civil Court PuneClosed
2027/2012Civil Court PuneClosed
401/2012Civil Court PuneOngoing
1664/2014Civil Court PuneOngoing
1213/2017Civil Court PuneOngoing
1858/2019Civil Court PuneClosed
797/2019Civil Court PuneOngoing
1879/2017Civil Court PuneClosed
397/2011Civil Court PuneClosed
1478/2025Civil Court PaudOngoing
49/2025Civil Court PaudOngoing
513/2025Civil Court PaudOngoing

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.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 7 Aug 2017
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 8 Jul 2026
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 8 Jul 2026
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 8 Jul 2026Confirm the Commencement Certificate covers the specific floor you are buying.
  5. Occupancy CertificateNot due yet

    The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.

    possession is promised for 31 Dec 2030

Documents filed104

As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 104 are shown. 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.

DocumentUploaded
Commencement certificateFile: building cc.pdf8 Jul 2026
Commencement certificateFile: layout cc.pdf8 Jul 2026
Layout approvalFile: plan 001 Layout.pdf8 Jul 2026
Layout approvalFile: plan 01.pdf8 Jul 2026
Building plan approvalFile: plan 02.pdf8 Jul 2026
Building plan approvalFile: Plan 03.pdf8 Jul 2026
Building plan approvalFile: Plan 04.pdf8 Jul 2026
Building plan approvalFile: Plan 05.pdf8 Jul 2026
Building plan approvalFile: Plan 06.pdf8 Jul 2026
Building plan approvalFile: Plan 07.pdf8 Jul 2026
Building plan approvalFile: Plan 08.pdf8 Jul 2026
Withdrawal Update Form 1File: FORM 1 Q1 FY 26 27 IR 4 and 5_2294.pdf8 Jul 2026
Withdrawal Update Form 2File: Q1 FY 26 27 FORM 2 IR 4 and 5_1686.pdf8 Jul 2026
Withdrawal Update Form 3File: FORM 3 IR 4 and 5.pdf8 Jul 2026
Withdrawal Update Form 1File: IR_T4 and T5.pdf20 Apr 2026
Withdrawal Update Form 2File: Engineer Certificate IR Tower 4 and 5 31032026.pdf20 Apr 2026
Withdrawal Update Form 3File: IR 4 5.pdf20 Apr 2026
Withdrawal Update Form 1File: IR_RERA CERTIFICATE_T4 T5.pdf20 Jan 2026
Withdrawal Update Form 2File: Engineer Certificate- IR Tower 4 5.pdf20 Jan 2026
Withdrawal Update Form 3File: IR 4 5.pdf20 Jan 2026
Withdrawal Update Form 1File: Withdrawal Application Form1 IR 4 and 5.pdf20 Oct 2025
Withdrawal Update Form 2File: Engineers Certificate IR Tower 4 5.pdf20 Oct 2025
Withdrawal Update Form 3File: IR Tower 4 5_11zon.pdf20 Oct 2025
Withdrawal Update Form 1File: IR 4 5.pdf3 Oct 2025
Withdrawal Update Form 2File: Eng Cert IR 4 5.pdf3 Oct 2025
Withdrawal Update Form 3File: IR 4 5.pdf3 Oct 2025
Form 2A (FY 2024-2025)File: IR 4 5 2A FY 24 25.pdf30 Sep 2025
Form 5 (FY 2024-2025)File: IR Tower 4 5 FY24-25.pdf14 Aug 2025
Disclosure of sold/ booked inventoryFile: IR 4 and 5 Sold Unsold.pdf24 Apr 2025
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: IR Tower 4 and 5 March 2025.pdf19 Apr 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: AFFINIA ENGINEER CERTIFICATE 31032025.pdf19 Apr 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: IR TOWER 4 5 ENGINEER CERTIFICATE 31032025.pdf19 Apr 2025
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: IR 4 5 FORM 1.pdf21 Jan 2025
Certificates of CA (Form 3)File: IR 4 5.pdf21 Jan 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Certificate IR Tower 4 5 31122024.pdf21 Jan 2025
Disclosure of sold/ booked inventoryFile: IR 4 5.pdf21 Jan 2025
Commencement Certificates / NA Order for plotted developmentFile: Revalidated CC.pdf13 Dec 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: IR 4 5 FORM 230092024.pdf21 Nov 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM 2A FY 23-24 IR 4 5.pdf21 Nov 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: IR 4 5 FORM 230092024.pdf21 Nov 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM 2A FY 23-24 IR 4 5.pdf21 Nov 2024
Disclosure of sold/ booked inventoryFile: IR 4 5 Disc Sold Unsold 30092024.pdf18 Nov 2024
Disclosure of sold/ booked inventoryFile: IR 4 5 Disc Sold Unsold 30092024.pdf18 Nov 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: IR TOWER 4 5 FORM 1 30092024.pdf5 Nov 2024
Certificates of CA (Form 3)File: Gera IR Tower 4-5 30092024.pdf20 Oct 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Certificate IR Tower 4-5 30092024.pdf20 Oct 2024
Declaration about all RERA Designated Bank Accounts (Format A)File: Seperate Bank account disclosure IR 4 5 signed.pdf9 Oct 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: Declaration of Interest in other Organization.pdf9 Oct 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM 2A FY23-24 IR 4 5.pdf9 Oct 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: IR Tower 4 5_compressed.pdf9 Oct 2024
Declaration in FORM BFile: FORM B.PDF13 Aug 2024
Disclosure of sold/ booked inventoryFile: IR 4 5 .pdf20 Jul 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: IR 4 5.pdf19 Jul 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Eng Cert IR 4 5.pdf19 Jul 2024
Certificates of CA (Form 3)File: IR 4 5.pdf19 Jul 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: IR 4 and 5.pdf29 Jun 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: IR 4 and 5.pdf20 Apr 2024
Disclosure of sold/ booked inventoryFile: IR 4 and 5.pdf20 Apr 2024
Certificates of CA (Form 3)File: I R 4 and 5.pdf20 Apr 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: IR 4 and 5 FORM 1.pdf20 Jan 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: IR Tower 4 5 Engineer Certificate 31122023.pdf20 Jan 2024
Disclosure of sold/ booked inventoryFile: DIsc of Sold Unsold IR.pdf20 Jan 2024
Disclosure of sold/ booked inventoryFile: IR 4 and 5 Q2.pdf20 Oct 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form-5 Notes_IR Tower 4 5.pdf29 Sep 2023
Disclosure of sold/ booked inventoryFile: Disc Sold Unsold IR 4 5.pdf21 Jul 2023
Disclosure of sold/ booked inventoryFile: Isle Royale 4 and 5.pdf27 Apr 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form 5 Notes IR Tower 4-5_Signed.pdf17 Oct 2022
OtherFile: Form 5 Notes IR Tower 4-5_Signed.pdf28 Sep 2022
Certificates of CA (Form 5)File: Form 5 Notes IR Tower 4-5_Signed.pdf27 Sep 2022
CERSAI detailsFile: CERSAI Declaration - Gera's IR.pdf8 Jul 2022
CERSAI detailsFile: CERSAI Declaration - Gera's IR.pdf18 May 2022
Declaration about Commencement CertificateFile: IR-4-5-declaration.pdf12 May 2022
Disclosure of sold/ booked inventoryFile: Inventory- IR-4-5.pdf12 May 2022
OtherFile: IR-4-5.pdf17 Jan 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5_IR Tower 4-5.pdf29 Sep 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Notes to Form 5_IR Tower 4-5.pdf29 Sep 2021
Declaration in FORM BFile: Form B- IR-4-5_oct-20.pdf23 Nov 2020
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: IR 4-5-2019.pdf30 Sep 2020
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: IR 4- 5 -Audit-2019-20.pdf30 Sep 2020
Details of Restarting of Construction work post lockdownFile: IR 4-5.pdf20 Jun 2020

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.

5 delivered on promise1 delivered late
ProjectLocationFlatsStatusPromisedDelivered
Geras Imperium GreenChalta No 13 Part of PT Sheet No 73 Plot No A X Neogi nagar Rua de Ourem Road Panji Goa61CompletedApr 2019May 2015
Geras Greenville Song of Joy A1 A2Survey No 64 Hissa No 1 to 6120CompletedApr 2017Oct 2016
A1 A2 Song of Joy Geras GreenvilleS No 64 Hissa No 1to 6 Kharadi Pune 14120CompletedApr 2017Oct 2016
Geras Greensville Trinity TowersSurvey No 64 Hissa No 1 to 6 Kharadi Pune 411 014248CompletedNov 2015Oct 2015
Geras Regent TowerSurvey No 33 Hissa No 2 2 Village Baner Pune9CompletedNov 2014Sep 2014
Geras Parkview ISurvey No 73 Hissa No 1 Kharadi Pune 411014227CompletedApr 2014Late, Mar 2015

How this compares with Pune

24%of this project is bookeddistrict median 31%
26%of Pune projects moved their completion datethis one moved by 80 months
26%of Pune registrations have lapsed or been cancelledthis one is on the register

Computed across the 13,700+ Pune projects on ReraGenie, from their own filings.

Free monthly report: Pune on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.

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How alerts work

Other projects near Bavdhan13,700+ in Pune

2 kmGeras Isle Royale Tower Completed 69Lapsed / revoked 40Other 62Dot size: filed unitsN

Filed coordinates, straight-line distance. 171 registered projects within 2 km.

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 4 and 5 is delayed beyond 31 Dec 2030?

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 4 and 5?

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 4 and 5?

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 4 and 5?

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 4 and 5?

The professionals named in the filing: Architect: Malwadkar Architects Pvt Ltd; Architect: Gera Developments; Engineer: Santosh Tiwatne; Engineer: Ashish Rajigare; Chartered Accountant: Jain Doshi and Associates; Chartered Accountant: K Ray & Co. 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 4 and 5?

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; how the declared litigation on this registration affects your risk; why the completion date was revised and what the new timeline depends on. The Rs 499 buyer report works through all of them from the filings.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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