This is a sample area market report, generated from the real MahaRERA filings of every registration in pincode 411045 (Baner, Pune). About this sample · What the reports cover
or press Ctrl+P / Cmd+P
ReraGenie Area Market Report · Sample
Report date: 21 September 2026
Figures as updated on 21 September 2026
Baner and Balewadi · Pune district · PIN 411045

Pincode 411045

Every MahaRERA registration filed in this pincode  ·  765 registrations  ·  ReraGenie AREA-411045
Registrations
765
on MahaRERA in this pincode
Active
273
131 lapsed or revoked
District
Pune
as filed
Newest registration
3 Sep 2026
registration dates as filed

What stands out

  1. 18 registrations in this pincode died at 50%+ sold, led by Galaxy at 100%. § 03
  2. 201 filed units in 6 active projects are already past their promised possession date. § 05
  3. Rs 11,878.6 crore of secured debt is declared across the 87 charged projects here, as filed. § 14
Part I · The market's shape

01This locality at a glance

Pincode 411045, filed under the locality names Baner and Balewadi, holds 765 MahaRERA registrations. The newest was registered on 3 September 2026.

765
registrations on MahaRERA
273
active
346
completed
131
lapsed or revoked
35,964
units filed (300 of 765 projects file a count)

761 of the 765 registrations here file their district as Pune; the other 4 file none.

Source: every registration filing this pincode in its MahaRERA location record. About 2% of the state's registrations file no usable pincode and cannot appear in any pincode report.
Part I · The market's shape

02Registrations by vintage

When this market was built out, and what each vintage has become. Registration dates are filed on every project, so this is the one long-run series the filings support in full.

Registrations by year

Each bar is one year's registrations, coloured by current status
2182017532018682019522020542021812022692023582024572025402026ActiveCompletedLapsed / revokedAbeyance
Registration dates and current statuses as filed with MahaRERA.
Part I · The market's shape

03The status ledger

What the 765 registrations here have become, as filed today.

StatusProjectsFiled units
Active27329,202
Completed3462,537
Lapsed / revoked1313,950
Other15275

Unit totals cover the 300 projects that file a count; the rest file none.

Died on the registerthis pincode 17.1%Pune district 26.1%N = 765 here, 14,217 in the district

Registrations that died with buyers inside

18 registrations here lapsed or were revoked at 50% sold or better, each a filed precedent of this locality taking money and not delivering a registration:

  • 100% soldGalaxy · Lapsed · 37 units
  • 100% soldPrimus B Wing · Lapsed · 6 units
  • 99.6% soldVTP Aethereus- Phase1 · Lapsed · 718 units
  • 99.4% soldVTP Aethereus phase2 · Lapsed · 476 units
  • 98.9% soldAldea Espanola Phase VIII · Lapsed · 88 units
Source: registration statuses and the building sales tables as filed. A status is the regulator's record, never this report's assessment.
Part I · The market's shape

04The inventory, project by project

The 25 largest of the 273 Active registrations here, largest first; the other 248 are inside every aggregate in this report.

ProjectRegisteredUnitsShare soldBookings / monthProgressProgress / monthPossession promisedSlip
Earth 1 By Vtp Luxe Phase 1202398086.5%19.343.9%1.0031 Dec 20270 mo
Godrej Meadows202186898.3%14.768.5%1.1831 Dec 202612 mo
Godrej Hill Retreat202177199.7%12.290.0%1.4331 Dec 202612 mo
Nyati Emerald I202372781.2%15.156.1%1.4431 May 20270 mo
VTP Verve202170191.9%10.922.5%0.3831 Dec 202942 mo
Anp Universe202161086.9%8.761.7%1.0131 Dec 20260 mo
Godrej Hill Retreat 2202357599.0%13.241.8%0.9728 Mar 20270 mo
VTP Sierra Phase1202151598.1%7.582.5%1.2330 Jun 202712 mo
Godrej Meadows- Phase 2202149899.0%8.584.1%1.4531 Dec 202612 mo
Godrej Hillside 3202349396.3%11.924.0%0.6028 Feb 20280 mo
Palladio LaViento202546948.8%20.819.3%1.7531 Dec 20290 mo
Kalpataru Jade Skyline202246567.7%5.8not filednot filed31 Dec 20260 mo
Palladio Balewadi Central Phase 2202446293.9%15.541.4%1.4831 Dec 20280 mo
Kohinoor Satori Mahalunge202444844.6%7.41.5%0.0631 Dec 202912 mo
The Canary Phase 2202242086.2%6.760.1%1.1131 Dec 20270 mo
Earth 1 By Vtp Luxe Phase 3202342051.0%5.841.3%1.1230 Apr 20290 mo
Rohan Ekam Phase 1202341467.4%7.545.1%1.2230 Apr 20284 mo
One Place Baner Phase III202239126.9%1.970.0%1.3031 Dec 20260 mo
Raheja Vistas - T6 & T720253830.0%0.011.1%1.1131 Jul 20310 mo
Raheja Vistas - T1 & T2202537919.8%7.511.1%1.1131 Jul 20310 mo
Godrej River Royale202337033.8%3.638.9%1.1131 Mar 20290 mo
The Canary Phase I202136085.0%5.288.2%1.4931 Dec 20260 mo
Palladio Presidential Suites Balewadi RiverFront202635647.5%28.27.6%1.2731 Dec 20320 mo
Tower 1O8202435051.4%7.827.5%1.2030 Apr 20304 mo
Dream Velmore20263270.0%0.00.0%0.0031 Dec 20320 mo

Largest first, by the unit count in the filing: the order is a fact about size, never a rank. MahaRERA files no unit type, no carpet area and no price, so no table built from it can name a better or worse buy. A cell reading "not filed" describes the filing, not the project.

Bookings and progress per month divide by months since registration, so a project registered last year and one registered six years ago compare fairly; a rate renders only when both of its inputs are filed. Progress is the mean of the RERA activity checklist as filed, capped at 100.

To compare a shortlist of two to six of these in depth, project by project and each positioned against its whole district, the Project Comparison Matrix at reragenie.com/reports/ does that job.

Source: each row is that project's own MahaRERA filing; sales figures from the building tables where filed.
Part I · The market's shape

05When possession promises land

When the active stock here promises to land. 6 projects are already past the promised date, holding 201 filed units.

Promised possession, active projects

Projects by promised completion year; overdue promises get their own column
6Overdue201 u6220267,308 u7020277,195 u6020285,690 u3520294,558 u2520301,766 u1120311,530 u42032+954 u
Proposed completion dates filed with MahaRERA by the active registrations here.
A promised date is the promoter's filing, not a forecast; MahaRERA publishes no lapse date and no delivery date beyond these.
Part I · The market's shape

06The slip record

How far possession promises here have moved from the first filed date: median 0 months across 750 registrations.

Possession slip

Months between the first promised completion and the current one
562On time or early1011 to 12 mo5113 to 24 mo2625 to 48 mo10Over 48 mo
How to read it: Each bar counts projects whose promise has moved by that much; a slip needs no history because MahaRERA keeps both dates.
Original and current proposed completion dates as filed.
Median slipthis pincode 0 moPune district 0 moN = 750 here
Part II · Demand and price signals

07What this market absorbs

Across the 242 active projects here that file sales, the median stands 30.4% sold. This is a CROSS-SECTION: many projects of different ages photographed on the same day, never the sales history of any one of them, because MahaRERA files no sales history.

What this market absorbs

Percent sold against months on the register, one dot per active project
0%25%50%75%100%0y2y4y6y8y10y
How to read it: Older projects sit to the right; the gold line is the median of each age bucket, drawn only where five or more projects fall in it.
Building sales tables and registration dates as filed.

Coverage: 300 of 765 registrations here file a sales table at all; statewide about a third do. The rest are outside this read entirely.

Part II · Demand and price signals

08What is being built

What is being built here, in the two dimensions the filings actually carry: declared project type and filed unit counts.

Declared typeProjects
Residential / Group Housing534
Others109
Commercial108
Mixed14

Project scale

Filed unit counts, over the 300 projects that file one
76Up to 20 units6021 to 506451 to 10057101 to 25043Over 250
Building tables as filed with MahaRERA.

Unit counts are filed on 300 of 765 projects here; a scale read covers only those. See the closing section for what the filings hold no product data on at all.

Part II · Demand and price signals

09Filed price signals

The price signals the filings actually carry, each with its basis stated, and a plain statement of the one everyone asks for that they do not.

  • Declared project cost over filed built-up runs at a median of Rs 38,949 per sq m across the 223 projects here filing both figures, against Rs 32,393 across Pune district. This is construction-and-land cost as declared to the regulator, never a sale price.
  • Parcels here are worked at a median 2.14x (filed built-up over plot, 722 parcels; district median 1.75x).
  • 7 filed figures were excluded as implausible magnitudes (a mis-filed unit, not a price) rather than averaged in.
  • What no figure above is: a flat price. MahaRERA files no sale prices, no BHK mix and no carpet areas for apartments, so any per-flat rate for this locality comes from outside the filings.
Source: declared project costs, plan summaries, land records and NA plot tables as filed. Ratios outside plausibility guards are excluded and counted, never averaged.
Part III · Who operates here

10The operators

515 firms operate in this pincode, holding 765 registrations between them.

OperatorRegs hereUnits hereActiveDoneDeadMedian slipRegs statewide
Teerth Developers And Teerth Realties JV15-015012 mo15
Nnp Buildcon Private Limited12-01020 mo12
Mahalunge Township Developers Private Limited105,6506315.5 mo10
Majestique Homes LLP96346210 mo9
M/s. Samarth Builders72843310 mo10
Rohan Builders & Developers Private Limited66182300 mo29
Selenite Properties Private Limited641160011 mo6
M/S Sarsan Aawishkar Properties63245100 mo6
M/S Balaji Realty6671410 mo14
Varada Dream Homes6293210 mo6
M/S Kiran Creators & Developers Through Proprietor Mr. Kashinath Ganesh Nehete6-0600 mo11
Regency Aawishkar Sarsan Developers LLP56744100 mo5

The 503 smaller operators not listed hold 671 registrations between them.

Each row is the registering entity as filed. MahaRERA files no parent company, so two SPVs of one builder are two rows and nothing in the filings joins them. "Dead" counts lapsed and revoked registrations; "Regs statewide" is the same firm name across all of Maharashtra.

Source: promoter names and statuses as filed, spelling variants merged by the same identity rule the rest of ReraGenie uses.
Part III · Who operates here

11Concentration and entrants

How concentrated this market is, and who is new to it.

  • The five largest operators hold 31.2% of the filed units here (units are filed on 300 of 765 projects, so the share covers those).
  • 408 of the 515 operators hold exactly one registration here; with no parent-company field in the filings, part of that is single-purpose vehicles of larger builders.
  • 101 operators first registered in this pincode in 2024 or later: the entrants, against 414 incumbents.
Source: promoter names, registration dates and building tables as filed.
Part III · Who operates here

12How this locality executes

How this locality executes: completions, extensions and the friction on the record, each against the district.

  • 346 of the 765 registrations here (45.2%) have reached Completed.
  • 278 of the 346 completed projects have an occupancy-certificate-shaped document on their filing, read from document titles on the register, not from the binaries.
  • 205 projects have filed at least one registration extension, against 26.8% of projects across the district.
  • 123 of 765 projects here carry at least one complaint (16.1%, against 14.2% district-wide); 170 disclose court cases (22.2% against 11.4%).
Source: statuses, extension filings, complaint and litigation disclosures, and document registers as filed.
Part III · Who operates here

13The professional bench

The professional bench certifying this locality: 510 engineers, 465 chartered accountants, 391 architects across its filings.

ProfessionalRoleProjects here
J + W ConsultantsEngineer33
G A Bhilare Consultants Pvt LtdEngineer29
ANA Consortium Pvt. Ltd.Architect27
SPAK & CoChartered Accountant26
VKa ArchitectureArchitect26
Jay AeramArchitect21
Avinash NawatheArchitect19
Jyotindra B NikamArchitect16
Nitin JoshiArchitect16
Sac & Co LLPChartered Accountant16

Names as filed, spelling variants merged; two professionals filed under one identical name would merge too, the stated cost of name-based identity where registration numbers are rarely filed.

Source: the certifying professionals (architect, engineer, chartered accountant) each filing names. MahaRERA publishes no contact details for certifiers and none appear here.
Part IV · Money and risk

14Declared charges

Declared charges: secured lending on the projects here, as filed. The rate is stated over the 268 that answered, never over the catalogue.

  • Of the 268 registrations here that answered the encumbrance question, 87 declare a charge, a rate of 32.5%. The other 497 registrations were never asked, so they sit outside this count entirely rather than being counted as unencumbered.
  • The median declared charge is Rs 100.0 crore across the 85 projects filing a usable amount; total declared debt here is Rs 11,878.6 crore, as filed.
  • 25 of the 87 charged projects declare a charge that does not appear in the CERSAI central registry on their own filing. That is common and has innocent explanations; whether it matters for a given purchase is a question for a lawyer.
Source: encumbrance declarations filed with MahaRERA. A declared charge is secured lending on the project; it carries no equity, no unsecured debt and nothing raised at the developer's corporate level. Amounts filed outside a plausible range are excluded and counted.
Part IV · Money and risk

15Who finances this locality

Who finances this locality: Aditya Birla Capital Ltd appears on the most charged projects here (10 of 87).

LenderProjectsShare of chargedDeclared debt
Aditya Birla Capital Ltd1011.5%Rs 1,613.0 cr
ICICI Bank Limited89.2%Rs 2,568.0 cr
Piramal Finance Limited78%Rs 2,415.0 cr
Tata Capital Housing Finance Limited78%Rs 1,415.0 cr
Bajaj Housing Finance Limited78%Rs 444.0 cr
Aditya Birla Finance Ltd78%Rs 229.5 cr
State Bank Of India44.6%Rs 373.0 cr
Tata Capital Financial Services Limited33.4%Rs 360.0 cr

A project with more than one lender is counted under each, and the declared debt column attributes the project's whole filed charge to every lender named on it, so these columns describe presence rather than a loan book.

Source: lender names on the encumbrance declarations here, spelling variants merged by the same rules the ReraGenie lender directory uses.
Part IV · Money and risk

16Complaints, cases and appeals

The regulatory friction on the record here.

  • 786 complaints are on record across the filings here; the heaviest is Godrej Meadows with 84.
  • 374 court cases are disclosed.
  • 77 matters have reached the Appellate Tribunal across 30 projects: disputes that outlived their first order.
Source: complaint, litigation and appeal disclosures as filed. Every entry is a filed condition, not an assessment.
Part V · The record

17Method and coverage

How this report is put together, and the rules it refuses to break.

  • Figures are as updated on 21 September 2026, from the MahaRERA filings of every registration whose location record files pincode 411045.
  • Every comparison against "the district" means the pincode's MODAL filed district, Pune: one pincode routinely spans several filed districts through promoter mis-filing and boundary spillover, so each row's own district field is never trusted alone.
  • Where a rate has a denominator smaller than the project count, the sentence says which projects it covers: unit figures cover projects filing a count, sales figures cover projects filing a sales table, and charge rates cover projects that answered the encumbrance question.
ReraGenie restates and joins the promoters' statutory filings. Where a fact is absent above, it is absent from the filings.
Part V · The record

18What the filings do not contain

What the filings do not contain, stated so absence is never mistaken for a finding.

  • No flat prices, no BHK mix, no unit configurations and no carpet areas for apartments. The one exception is plotted (NA) developments, whose plot agreements file real considerations; where this pincode has them they appear above, as aggregates only.
  • No locality amenity data: distances to schools, stations or hospitals are not filed and are never invented here.
  • No sales history. MahaRERA files current state only, so every demand read above is a labelled cross-section, and the only true time series is ReraGenie's own observed movement where it has enough depth to show.
  • No lapse dates: a lapsed registration files only its status, and was valid until its last filed completion date.
  • About two thirds of registrations statewide were never asked the encumbrance question. An unanswered filing is not an unencumbered project, and nothing above counts it as one.
Each line above is a property of the MahaRERA disclosure regime, not of this locality.