ReraGenieLog inGet a buyer report

Home / Browse projects / Pune, Maharashtra / Metro Life Optima Residences

Registration lapsed No litigation declared Residential / Group Housing project

Metro Life Optima Residences

By RAMA SYNERGY SPACES

RG-MH-16525 · RERA P52100026255 · Last updated on MahaRERA portal: 18 Feb 2025

Source: official MahaRERA filing

Red flags

  • Registration lapsed
  • Possession 22 months past the filed date
  • Completion date moved by 15 months
  • 3 extensions taken
  • Rs 80.00 crore secured on the land, in favour of Kotak Mahindra Investments Ltd.

Clear

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

5 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.

See what the report covers Free either way: or have every new Pune registration emailed to you, free during the pilot beta.
Dec 2024Possession promised22 months past this date
8 of 44Construction stages doneacross 4 buildings; furthest along: Staircases, 95%
0Complaints at MahaRERAon this registration
Jump to the 109 documents Report an error

Metro Life Optima Residences is a Residential / Group Housing project by RAMA SYNERGY SPACES in Pune, Maharashtra, registered with MahaRERA as P52100026255 on 2 Sep 2020. Possession was promised by 31 Dec 2024 and is now 22 months past that date. The completion date has moved by 15 months from the original filing.

At a glance

Project

  • NameMetro Life Optima Residences
  • TypeResidential / Group Housing
  • Location
    • New Pune Mumbai Highway
    • Next to Indira College of Commerce and Science
    • Tathwade
    • Mulshi
    • Pune
    • 411033
  • Pincode411033
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100026255
  • ReraGenie IDRG-MH-16525

Builder

  • NameRAMA SYNERGY SPACES
  • Entity typePartnership
  • PartnersRAM UDHARAM PANJABI, MANOJ RAMCHAND PANJABI, RAJKUMAR RAM PANJABI, NARESH RAMCHAND PANJABI, JITENDRA SUNDERDAS PANJABI, MOTI UDHARAM PANJABI, RONAK MOTI PANJABI, GOVIND UDHARAM PANJABI, PIYUSH GOVIND PANJABI
  • Other registrations15 more →
  • Completed10 of 16
  • No longer live3 lapsed, de-registered or revoked
  • Declared earlier projects14 →

Key dates

22 months past promisethis monthRegisteredSep 2020First promiseSep 2023Revised toDec 2024

Key facts

Registration and timeline

  • StatusRegistration lapsed
  • Registered on2 Sep 2020
  • Promised completion31 Dec 2024
  • Revised completionRevised to 31 Dec 2024 (originally 30 Sep 2023)
  • Buildings4 building records
  • Documents filed109 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
ANA140000
BNA140000
CNA140000
D COMMERCIAL AND MHADANA150000

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 building4

As on 18 Feb 2025, 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.

8 of 44 construction stages are filed complete across 4 buildings. The stage furthest along is Staircases, at 95%.

A67%
ActivityProgress
Excavation100%
Basement (if any)93%
Podiums (if any)0%
Plinth93%
Stilt Floor90%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises92%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks94%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.53%
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.25%
B66%
ActivityProgress
Excavation100%
Basement (if any)93%
Podiums (if any)0%
Plinth93%
Stilt Floor93%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises87%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks93%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.40%
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.23%
C66%
ActivityProgress
Excavation100%
Basement (if any)92%
Podiums (if any)0%
Plinth92%
Stilt Floor92%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises85%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks95%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.50%
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.18%
D COMMERCIAL AND MHADA76%
ActivityProgress
Excavation100%
Basement (if any)95%
Podiums (if any)0%
Plinth95%
Stilt Floor92%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises95%
Sanitary Fittings within the flats / premises33%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks95%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.95%
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.40%

Progress on shared amenities15

As on 18 Feb 2025, 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 & FootpathsNoNot applicable
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes15%
Storm Water DrainsYes15%
Landscaping & Tree PlantingYes0%
Street LightingYes0%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes0%
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes0%
Energy managemcntYes0%
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes10%
Aggregate area of recreational Open SpaceYes0%
Open ParkingYes0%

Parking filed45

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 slots45
Open Space45
BuildingOpen SpaceTotal
A1313
B1010
C88
D COMMERCIAL AND MHADA1414

Land and ownership

A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.

Land area5,500 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared present
Charge in favour ofKotak Mahindra Investments Ltd.
Secured amountRs 80.00 crore
CERSAI search filedYes
Declared on26 Sep 2024

Approvals and building plan

Sanctioning authorityPimpri Chinchwad Municipal Corporation
Permissible FSI12000.0
Proposed, not sanctioned11,533 sq m
Buildings approved4
Buildings sanctioned4

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 branchEMPIRE ESTATE CHINCHWAD PUNE, 411019, MH

Certifying professionals and partners

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

PartnerRole in project
RAMA SYNERGY SPACES-

Extensions applied for3

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

EXT52100017491Sep 2023 → Sep 2024

Reason as filed by the promoterDue to the unavoidable circumstances beyond our control, we are few months behind the planned schedule for completion of the above said project.

EA01102401864Sep 2023 → Dec 2024

Reason as filed by the promoterDue to the unavoidable circumstances beyond our control, we are few months behind the planned schedule for completion of the above said project.

EXT52100024683Sep 2023 → Dec 2024

Reason as filed by the promoterDue to the unavoidable circumstances beyond our control, we are few months behind the planned schedule for completion of the above said project

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 29 Aug 2020
  2. Layout approvalOn the file

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

    uploaded 29 Aug 2020
  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 29 Aug 2020
  4. Commencement CertificateOn the file

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

    uploaded 29 Aug 2020Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 Feb 2025

Documents filed109

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 109 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
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 - Optima - Post OC.pdf18 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - Optima - Post OC.pdf18 Feb 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Optima - Post OC.pdf18 Feb 2025
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Completion Certificate - Optima dtd 31-12-2024.pdf18 Feb 2025
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Form 4 - Optima - Post OC.pdf18 Feb 2025
Disclosure of sold/ booked inventoryFile: Disclosure of Inventory - Optima - Post OC.pdf18 Feb 2025
Disclosure of sold/ booked inventoryFile: Disclosure of Inventory - Optima - Post OC.pdf18 Feb 2025
Other - TechnicalFile: Completion Certificate Verification For RERA No - P52100026255 - Optima.pdf18 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Optima.pdf17 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Optima.pdf14 Jan 2025
Disclosure of sold/ booked inventoryFile: Optima.pdf10 Jan 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5 - F Y 2023-24 - Optima.pdf9 Dec 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Optima Residences.pdf4 Nov 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Optima Residences.pdf4 Nov 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Optima Residences.pdf19 Oct 2024
Disclosure of sold/ booked inventoryFile: Optima Residences.pdf19 Oct 2024
Declaration in FORM BFile: Form B - Optima.pdf10 Oct 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Optima Residences.pdf19 Jul 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Optima Residences.pdf18 Jul 2024
Disclosure of sold/ booked inventoryFile: Optima Residences.pdf15 Jul 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Metro Life Optima Residences.pdf13 Jul 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM 2A METRO LIFE OPTIMA RESIDENCES.pdf13 Jul 2024
Details of encumbrances concerned to FinanceFile: Declaration reg Encumbrances - Metro Life Optima Residences - Legal.pdf6 Jul 2024
Details of encumbrances concerned to FinanceFile: Declaration reg Encumbrances - Metro Life Optima Residences - Finance.pdf6 Jul 2024
Details of encumbrances concerned to LegalFile: Declaration reg Encumbrances - Metro Life Optima Residences - Legal.pdf6 Jul 2024
Details of encumbrances concerned to LegalFile: Declaration reg Encumbrances - Metro Life Optima Residences - Finance.pdf6 Jul 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Optima Residences.pdf16 Apr 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Optima Residences.pdf15 Apr 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Optima Residences.pdf12 Apr 2024
Disclosure of sold/ booked inventoryFile: Optima Residences.pdf11 Apr 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: FORM 2A METRO LIFE OPTIMA RESIDENCES.pdf5 Apr 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Metro Life Optima Residences.pdf24 Jan 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A Metro Life Optima Residences.pdf23 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - Metro Life Optima Residences.pdf22 Jan 2024
Disclosure of sold/ booked inventoryFile: Metro Life Optima Residences.pdf19 Jan 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Metro Life Optima Residences.pdf16 Jan 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FORM 5 METRO LIFE OPTIMA RESIDENCES APRIL 2022 TO 31 MARCH 2023.pdf28 Nov 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: FORM 2A Metro Life Optima Residences SEP-23.pdf31 Oct 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 METRO LIFE OPTIMA RESIDENCES SEP-23 071023_11zon.pdf30 Oct 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: From 1 Metro Life Optima Residences SEPTEMBER-23.pdf18 Oct 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Metro Life Optima Residences SEPTEMBER-23.pdf13 Oct 2023
Disclosure of sold/ booked inventoryFile: METRO LIFE OPTIMA RESIDENCES Inventory.pdf12 Oct 2023
Declaration in FORM BFile: Form B.pdf6 Sep 2023
Disclosure of sold/ booked inventoryFile: Disclosure of Sold Booked Inventory.pdf6 Sep 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: FORM 2A Metro Life Optima Residences March-2022.pdf2 Sep 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: FORM 2A Metro Life Optima Residences March-2023.pdf2 Sep 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: FORM 2A Metro Life Optima Residences March-2023.pdf2 Sep 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 Metro Life Optima Residences March-2021 150421.pdf31 Aug 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 Metro Life Optima Residences Sepember-2021 041021.pdf31 Aug 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 Metro Life Optima Residences December-21 200222 .pdf31 Aug 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 Metro Life Optima Residences March-22 180422.pdf31 Aug 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 Metro Life Optima Residences September-22 061022.pdf31 Aug 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 Metro Life Optima Residences December-22 050123.pdf31 Aug 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 Metro Life Optima Residences March-23 050423.pdf31 Aug 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 METRO LIFE OPTIMA RESIDENCES 070723.pdf20 Jul 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 METRO LIFE OPTIMA RESIDENCES 070723_7_11zon.pdf20 Jul 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Metro LIfe Optima Residences MAR-23_11zon.pdf5 May 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Metro Life Optima Residences MAR-23_11zon.pdf18 Apr 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Metro Life Optima Residences DEC-22_11zon.pdf16 Jan 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 Metro Life Optima Residences 031122_11zon.pdf3 Nov 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form 5 Metro Life Optima Residences GE 203 Rama Synergy Spaces_001901.pdf28 Oct 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Metro Life Optima Residences_11zon.pdf12 Oct 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Metro Life Optima Residences_11zon.pdf12 Oct 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Metro Life Optima Residences_11zon.pdf12 Oct 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Metro Life Optima Residences_compressed.pdf23 Jul 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: From 3 Metro life Optima Residences_11zon 140722.pdf14 Jul 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5 Metro Life Optima GE 473 Rama Synergy Spaces_.pdf28 Apr 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 METRO LIFE OPTIMA RESIDENCES_11zon (1).pdf27 Apr 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Metro Life Optima_compressed.pdf14 Apr 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Metro Life Optima Residences Arch Certificate form 1 DEC-21_compressed.pdf22 Jan 2022
Disclosure of sold/ booked inventoryFile: Metro Life Optima Inventory DEC-21.pdf22 Jan 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form-3_Optima_05012022_compressed.pdf12 Jan 2022
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Metro Life Optima ResidencesForm 2A DEC-22_compressed.pdf10 Jan 2022
Details of encumbrancesFile: Metro Life Optima Residences - Encumbrances.pdf24 Nov 2021
Disclosure of sold/ booked inventoryFile: METRO LIFE OPTIMA RESIDENCES SEP-21 INVENTORY.pdf21 Oct 2021
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Optima- Form 1_compressed compressed.pdf11 Oct 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2 Metro Life Optima_compressed.pdf9 Oct 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2 Metro Life Optima_compressed.pdf9 Oct 2021
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Rera Certificate_Optima Residency_05102021_compressed.pdf8 Oct 2021
Declaration about Commencement CertificateFile: Form - D Metro Life Optima Residences.pdf21 Aug 2021

Promoter's earlier projects13

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.

1 delivered on promise9 delivered late3 not delivered by the promised date
ProjectLocationFlatsRegisteredStatusPromisedDelivered
Fusion Towers Phase IVP52100049419Hinjewadi Phase III, Pune175Feb 2023OngoingDec 2025Not delivered
FUSION TOWERS PHASE IIIP52100049215Hinjewadi Phase III, Pune91Feb 2023OngoingJul 2025Not delivered
Celestial City Phase II Building I, J, KP52100028977S No 86, Ravet Aundh Road, Near Expressway, Ravet, MH, Pune162Apr 2021OngoingJun 2024Not delivered
Metro Life Maxima Residences Phase IIP52100023984Next to Indira College of Commerce and Science, Pune275Jan 2020CompletedDec 2023Late, Jul 2024
Metro Life Bizz BayP52100022156Next to Indira College of Commerce and Science, Pune179Sep 2019CompletedJul 2023Late, Jul 2024
METRO LIFE MAXIMA RESIDENCES PHASE IP52100022178Next to Indira College of Commerce and Science, Pune276Sep 2019CompletedJul 2023Late, Mar 2024
Celestial City Phase II Building A, E, HP52100022487S No 78 P and 86/2 P, Ravet Aundh Road, Near Expressway, Ravet, Pimpri Chichwad, Pune, MH, Pune141Sep 2019CompletedMar 2023Late, Feb 2024
MELANGE RESIDENCES - PHASE IVP52100025451Hinjawadi Phase III, Pune110May 2020CompletedDec 2022Late, May 2023
FUSION TOWERS PHASE IIP52100019797Hinjawadi - Phase III, Pune110Mar 2019CompletedDec 2022Late, May 2024
MELANGE RESIDENCES - PHASE IIIP52100017090Hinjawadi Phase III, Pune110Jul 2018CompletedSep 2021Late, May 2023
FUSION TOWERS PHASE IP52100018013Hinjawadi - Phase III, Pune220Oct 2018CompletedJun 2021Late, Aug 2023
MELANGE RESIDENCES - PHASE IIP52100003047Hinjawadi Phase III, Pune220Aug 2017CompletedJun 2019Late, Jul 2019
MELANGE RESIDENCES - PHASE IMIDC Phase III Main Rd Phase 3 Hinjewadi Rajiv Gandhi Infotech Park Hinjawadi Pimpri-Chinchwad Maharashtra 411057330-CompletedDec 2018Dec 2018

How this compares with Pune

26%of Pune projects moved their completion datethis one moved by 15 months
26%of Pune registrations have lapsed or been cancelledthis one is among them

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.

Keep Metro Life Optima Residences on your shortlist

Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.

How alerts work

Other projects near Next to Indira College of Commerce and Science13,700+ in Pune

2 kmMetro Life Optima ResideCompleted 127Lapsed / revoked 40Other 100Dot size: filed unitsN

Filed coordinates, straight-line distance. 267 registered projects within 2 km.

Builder: RAMA SYNERGY SPACES

RAMA SYNERGY SPACES has 16 registrations on MahaRERA, including MELANGE RESIDENCES - PHASE I and MELANGE RESIDENCES - PHASE II. Its filings disclose 14 earlier MahaRERA projects: declares 1 of 10 past projects completed on time. Litigation is declared on 3 of its registrations. Read the full track record. See more projects on the Pune district page.

Frequently asked questions

What does it mean that Metro Life Optima Residences shows as registration lapsed on MahaRERA?

A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.

What are my rights if Metro Life Optima Residences is delayed beyond 31 Dec 2024?

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 Metro Life Optima Residences?

The registered promoter entity is RAMA SYNERGY SPACES, 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 Metro Life Optima Residences?

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 Metro Life Optima Residences?

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.

What should I check before booking in Metro Life Optima Residences?

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; 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.

Get the buyer report · Rs 499 See a real one first

Studying this micro-market rather than buying a flat? The developer project analysis, Rs 2,999, maps every registration within 5 km from filed coordinates, reads what this market absorbs, prices the parcel and takes the promoter's whole book apart. See a complete sample.

Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on MahaRERA, and we read every report.

Report an error Share feedback

Report an error or share feedback

About Metro Life Optima Residences. Everything on this page comes from what the promoter filed on MahaRERA, so if a fact looks wrong it helps to say which one.

We read every report. We cannot promise a reply to each one.

Save Metro Life Optima Residences to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.