Home / Browse projects / Pune, Maharashtra / ICON AVANZA
ICON AVANZA
RG-MH-31487 · RERA P52100079822 · Last updated on MahaRERA portal: 29 Jun 2026
Source: official MahaRERA filing
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Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 2 other registrations and every project registered within 2 km.
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ICON AVANZA is a Residential / Group Housing project by ICON VENTURES in Pune, Maharashtra, registered with MahaRERA as P52100079822 on 27 Mar 2025. Possession is promised by 31 Dec 2028. 0 of the 70 units on this registration are recorded sold or booked, and 2 of 22 construction stages are filed complete.
At a glance
Project
- NameICON AVANZA
- TypeResidential / Group Housing
- Location
- BALEWADI
- BALEWADI TALUKA HAVELI
- Haveli
- Pune
- 411045
- Pincode411045
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100079822
- ReraGenie IDRG-MH-31487
Builder
- NameICON VENTURES
- Entity typePartnership
- PartnersPARAG RAMESH TEPAN, MILIND MARUTI SAKUNDE
- Other registrations2 more →
- No longer live1 lapsed, de-registered or revoked
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on27 Mar 2025
- Promised completion31 Dec 2028
- Revised completionNone
- Buildings2 building records
- Documents filed63 files
Current status
Figures as on 29 Jun 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| A WING | NA | 12 | 10 | 30 | 0 | 30 |
| B WING | NA | 12 | 10 | 40 | 0 | 40 |
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 29 Jun 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.
2 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Basement (if any), at 50%.
A WING9%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| 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% |
B WING14%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 50% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| 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 29 Jun 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed139
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 | Total |
|---|---|---|
| A WING | 67 | 67 |
| B WING | 72 | 72 |
Land and ownership2
MahaRERA does not publish landowner contact details. 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.
| Landowner | Village | District |
|---|---|---|
| ICON VENTURES | Pune (M Corp.) | Pune |
| RADHA SUNIL MENON | Pune (M Corp.) | Pune |
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| B WING | NA | Rs 8.99 cr | Rs 1.27 cr |
| A WING | NA | Rs 6.51 cr | Rs 62.30 lakh |
| - | NA | Rs 77.50 lakh | - |
Certifying professionals and partners5
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | PANDIT JOSHI AND ASSOCIATES ARCHITECTS |
| Engineer | KALPAK CONSTRUCTIONS |
| Engineer | MAHESH DAMODAR JOSHI |
| Chartered Accountant | S S SMART & ASSOCIATES CHARTERED ACCOUNTANTS |
| Chartered Accountant | CHANDORKAR & LIMAYE |
| Partner | Role in project |
|---|---|
| ICON VENTURES | - |
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 4 Feb 2025 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 12 Mar 2025 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 21 May 2026 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 4 Feb 2025Confirm the Commencement Certificate covers the specific floor you are buying. - 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 2028
Documents filed63
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 |
|---|---|
| Form 2A (FY 2024-2025)File: ICON AVANZA FORM 2A 2425 SIGNED.pdf | 29 Jun 2026 |
| Form 2A (FY 2025-2026)File: ICON AVANZA FORM 2A 2526 SIGNED.pdf | 29 Jun 2026 |
| Form 5 (FY 2025-2026)File: FORM 5 FY 2526 AVANZA.pdf | 3 Jun 2026 |
| Building plan approvalFile: 1.pdf | 21 May 2026 |
| Building plan approvalFile: 2.pdf | 21 May 2026 |
| Building plan approvalFile: 3.pdf | 21 May 2026 |
| Building plan approvalFile: 4.pdf | 21 May 2026 |
| Building plan approvalFile: 5.pdf | 21 May 2026 |
| Withdrawal Update Form 1File: FORM 1 FY 25-26 Q4 ICON AVANZA.pdf | 27 Apr 2026 |
| Withdrawal Update Form 2File: FORM 2 FY 25-26 Q4 ICON AVANZA 2.pdf | 27 Apr 2026 |
| Withdrawal Update Form 3File: FORM 3 FY 25-26 Q4 ICON AVANZA.pdf | 27 Apr 2026 |
| Withdrawal Update Form 1File: ICON RERA 31 12 2025.pdf | 20 Jan 2026 |
| Withdrawal Update Form 2File: FORM 2 Q3 FY 2526 ICON AVANZA.pdf | 20 Jan 2026 |
| Withdrawal Update Form 3File: FORM 3 Q3 FY 2526 ICON AVANZA SIGNED.pdf | 20 Jan 2026 |
| Withdrawal Update Form 1File: FORM 1 Q2 FY2526 ICON AVANZA.pdf | 25 Oct 2025 |
| Withdrawal Update Form 2File: FORM 2 Q2 FY2526 ICON AVANZA.pdf | 25 Oct 2025 |
| Withdrawal Update Form 3File: ICON AVANZA Q2 FY 2526.pdf | 25 Oct 2025 |
| Form 5 (FY 2024-2025)File: FORM 5 ICON VENTURES AVANZA.pdf | 30 Sep 2025 |
| Withdrawal Update Form 1File: FORM 1 ICON AVANZA Q1 2526.pdf | 23 Jul 2025 |
| Withdrawal Update Form 2File: FORM 2 ICON AVANZA Q1 2526.pdf | 23 Jul 2025 |
| Withdrawal Update Form 3File: FORM 3 Q1 FY 2526 ICON AVANZA.pdf | 23 Jul 2025 |
| FORM 1 Q4 FY 2425 | 29 Apr 2025 |
| Disclosure of sold/ booked inventoryFile: SOLD UNSOLD INVENTORY Icon Avanza.pdf | 29 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 AVANZA Q4 2425.pdf | 25 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 ICON AVANZA 31032025.pdf | 25 Apr 2025 |
| Other - LegalFile: AUTO DCR MAIL COPY.pdf | 19 Mar 2025 |
| Other - TechnicalFile: AUTO DCR MAIL COPY.pdf | 19 Mar 2025 |
| Deviation Report with respect to model copy of AgreementFile: Deviation Report Final_compressed.pdf | 19 Mar 2025 |
| Proforma of Agreement for saleFile: Flat Agr RERA Icon Avanza 190325.pdf | 19 Mar 2025 |
| Declaration about Commencement CertificateFile: DECLARATION OF COMENCEMENT AVANZA.pdf | 18 Mar 2025 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A MMS.pdf | 18 Mar 2025 |
| Layout approvalFile: PLAN 1_C.pdf | 12 Mar 2025 |
| Building plan approvalFile: PLAN 2_C.pdf | 12 Mar 2025 |
| Building plan approvalFile: PLAN 3_C.pdf | 12 Mar 2025 |
| Copy of Layout Approval (in case of layout)File: PLAN 1_C.pdf | 12 Mar 2025 |
| Proforma of Allotment letterFile: allotment letter Icon Avanza 12032025.pdf | 12 Mar 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 AVANZA_compressed.pdf | 12 Mar 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 AVANZA.pdf | 12 Mar 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: PLAN 2_C.pdf | 12 Mar 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: PLAN 3_C.pdf | 12 Mar 2025 |
| Details of encumbrances concerned to FinanceFile: dECLARATION FL.pdf | 6 Mar 2025 |
| Details of encumbrances concerned to FinanceFile: DECLARATION LF.pdf | 6 Mar 2025 |
| Declaration in FORM BFile: FORM B PROMOTER.pdf | 6 Mar 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: RERA_certificate.pdf | 6 Mar 2025 |
| Other - LegalFile: Declaration no allotment of units.pdf | 6 Mar 2025 |
| Other - LegalFile: declaration no sale of units.pdf | 6 Mar 2025 |
| CERSAI detailsFile: DECLARATION CERSAI.pdf | 6 Mar 2025 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: Declatarion Bank Annexure A.pdf | 6 Mar 2025 |
| Deviation Report with respect to Allotment letterFile: Declaration no deviation in allotment.pdf | 6 Mar 2025 |
| Details of encumbrances concerned to LegalFile: dECLARATION FL.pdf | 6 Mar 2025 |
| Details of encumbrances concerned to LegalFile: DECLARATION LF.pdf | 6 Mar 2025 |
| Other - FinanceFile: Declaration no allotment of units.pdf | 6 Mar 2025 |
| Other - FinanceFile: declaration no sale of units.pdf | 6 Mar 2025 |
| Other - TechnicalFile: DECLARATION ORDER 56 NO OTHER PROJECT.pdf | 6 Mar 2025 |
| Other - TechnicalFile: declaration no sale of units.pdf | 6 Mar 2025 |
| Other - TechnicalFile: Declaration no allotment of units.pdf | 6 Mar 2025 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A AVT.pdf | 6 Mar 2025 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A PRT.pdf | 6 Mar 2025 |
| Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: BANK DECLARATION LETTER FIRM.pdf | 6 Mar 2025 |
| Disclosure for secured/unsecured finance availed for the projectFile: DECLARATION SECURED UNSECURED FINANCE.pdf | 6 Mar 2025 |
| PAN CardFile: pan card_ICON VENTURES.pdf | 4 Feb 2025 |
| Copy of the legal title reportFile: Search Report Balewadi_compressed.pdf | 4 Feb 2025 |
| Commencement Certificates / NA Order for plotted developmentFile: CC27752024 DT 18122024.pdf | 4 Feb 2025 |
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Buyer report
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- Red flags and clear checks, the possession story, sanctions and sales, land and title, who you are dealing with
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- All 63 filed documents as one ZIP, foldered, with a manifest
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Project watch
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Filed coordinates, straight-line distance. 296 registered projects within 2 km.
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Builder: ICON VENTURES
ICON VENTURES has 3 registrations on MahaRERA, including RUDRANSH and ICON ORO. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What are my rights if ICON AVANZA is delayed beyond 31 Dec 2028?
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 ICON AVANZA?
The registered promoter entity is ICON VENTURES, a partnership 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 ICON AVANZA?
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 ICON AVANZA?
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 ICON AVANZA?
The professionals named in the filing: Architect: PANDIT JOSHI AND ASSOCIATES ARCHITECTS; Engineer: KALPAK CONSTRUCTIONS; Engineer: MAHESH DAMODAR JOSHI; Chartered Accountant: S S SMART & ASSOCIATES CHARTERED ACCOUNTANTS; Chartered Accountant: CHANDORKAR & LIMAYE. 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 ICON AVANZA?
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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