MahaRERA Property Intelligence · Nigdi · Pune

ELEGANT RESIDENCY PHASE II

P52100009324 · Nigdi · promoter Arihant Vastushilp Propcon

The Drawings Report · ₹4,999

Which home should you ask for in ELEGANT RESIDENCY PHASE II?

We read all 2 approved drawings and 6 filed papers on this project’s RERA file — the sheets the builder filed to get it approved.

All 48 homes sold in the latest filing · 8 in 10 of the 48 registered agreements between ₹5,772 and ₹8,807 per sq ft of carpet · 94.9% of the project cost incurred · completion date revised 3 times.

  • Which home to ask for — and which to say no to
  • What the drawings put around it
  • What to get in writing before you pay a booking amount

One real find, from a Gurugram colony’s approved papers: 392.997 sq m already used of the 396 allowed — the promised extra room can never be built.

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Free before you decide: the 14 things to get in writing before you book

Every item comes from a real RERA filing. Send it to the family group before anyone pays a token.

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Delivery and registration

When is the project declared for completion?

ELEGANT RESIDENCY PHASE II is registered with MahaRERA as P52100009324 and the promoter has declared completion for 30 Sep 2024.

30 Sep 2024

declared completion

24months past

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP52100009324
Registered on22 Aug 2017
Promoter-declared completion30 Sep 2024
Current statusCertificate Signed
Against todayabout 24 months past the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for ELEGANT RESIDENCY PHASE II record 29 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

Promoter record

What else is this promoter on record for?

Arihant Vastushilp Propcon is the promoter of record on 23 projects registered with MahaRERA, 1 of which carries a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

23projects

registered with MahaRERA

1flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Construction

How much construction cost has been reported?

In ELEGANT RESIDENCY PHASE II, ₹23.22 Cr of a declared ₹24.48 Cr estimated project cost is reported as incurred, about 94.9%, as at the last certified filing with MahaRERA.

94.9%

₹23.22 Cr

of ₹24.48 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In ELEGANT RESIDENCY PHASE II, 48 of 48 homes filed with MahaRERA are recorded as sold or booked, about 100%, and 0 remain available.

100%sold

48 of 48 homes

₹26.11 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹26.11 Cr (about 100%) is recorded as collected and ₹0 as receivable. The project registers 63 homes in total, while this sold/unsold inventory filing covers 48 of them.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 48 registered agreements, the effective carpet rate is ₹6,533/sqft, with eight in ten falling between ₹5,772 and ₹8,807 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The inventory filing also declares: 15 not for sale.

What the filings record, home by home

Read from MahaRERA on 04 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 48 homes carry one, and Every home on the filing is recorded sold or booked.

A filed consideration is what was registered for one {unit}. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the {unit} is available to you today. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.

Every home in ELEGANT RESIDENCY PHASE II is filed sold or booked, so there is no asking price left to test — but the record of what this project sold for is complete. The Sales Report lists all 48 registered agreements: each home, its carpet area, the consideration filed against it and the rate that works out to. Built from the filing itself, sent by email.

See all 48 registered agreements — ₹2,999 →

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+8 and 63 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
ELEGANT RESIDENCY PHASE II1G+86331 Mar 2020

Unit mix on the filing: 63 residential.

Legal and disputes

What disputes are disclosed?

2 complaints are on the MahaRERA record for ELEGANT RESIDENCY PHASE II, with orders passed in 2 of them.

2complaints

2with an order

Counts as disclosed in the project record.

Source · MahaRERA project disclosures · read 12 Jul 2026

Complaint no.FiledPartiesStatus
CC00500000047118026/06/2024Ravi Banwarilal Dhandhania vs Arihant Vastushlip Propcon Pvt Ltd.order passed
CC1240008913/09/2024Kiran Jaykumar Jadhav vs ARIHANT VASTUSHILP PROPCON PRIVATE LIMITEDorder passed

Deadline Extensions

The MahaRERA completion deadline for this project has been formally extended 3 times, as recorded on the register.

FromExtended toStated reason
as registered31 Mar 2020revised plan for 3 upper floors in process
31 Mar 202031 Mar 2020The said project is 90% complete. Only installation of Lift and construction of Club house remains pending due to severe heart attack suffered by the Director Mr. Vishal Bandewar,
31 Mar 202031 Mar 2024Construction and development work is completed . However we have some inventory to be sold. We need further time to complete the sales, form an Association of Allottess , Handover

Location, Land & Connectivity

Located at Nigdi, Old Mumbai Pune Highway, Haveli, Pune, 411044. Per the filed land record, the plot is bounded to the north by NALA, to the south by 9 MTR WIDE DP ROAD, to the east by SNO 3 HISSA NO 4 and to the west by SNO 3 HISS NO 2. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~9 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Hinjewadi Rajiv Gandhi IT Park9 km
Baner–Balewadi belt12 km
Pune Int'l Airport (Lohegaon)18 km
Pune Junction / city centre18 km
Kharadi / EON IT Park21 km
Magarpatta / Hadapsar IT23 km

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

🔒 What I’d do as a buyer here · Drawings Report

The report opens with what this project really is — read from its approved drawings — then the specific calls: the cheapest good way to buy here, the home to say no to, what you can stop worrying about, and what to get in writing before you sign anything.

Unlock in the ₹4,999 report →

Site & infrastructure

What this project's sanctioned plan shows — read for you
Where the plan is legible, the full report reads this project's layout plan filed with MahaRERA and lays out what's on it: where the utilities and open space sit, how the site is laid out around them, and which way it faces. When a plan can't be read clearly, we tell you plainly rather than guess.
In the full report:Open space · Utilities · Orientation · Layout
See what the full read covers ↓or read a sample report first →

🔒 Which home to ask for · Drawings Report

The home-level read: which ones to prefer and which to avoid, what the drawings put around each, and the things on this site nobody at the sales desk will tell you about.

Unlock in the ₹4,999 report →

The approved drawings

2approved drawings on file
6other papers filed

Everything above is on this page already, free, from the government record. The drawings are different: the 2 approved sheets are the same drawings the builder filed to get ELEGANT RESIDENCY PHASE II approved — what sits under each tower, which floor holds machines, what the sales sheet leaves out. Nobody reads them for you. We do.

What that turns up — from other projects’ filings:

ATS Knightsbridge · Sector 124, Noida

You pay for 10,000 sq ft. The floor inside your home is 6,982 sq ft. The rest is walls, shared circulation and services. Get both numbers written into your agreement before you pay any booking amount.

Oberoi Elysian · Goregaon East, Mumbai

“The building is complete.” The tower has reached full height — true. The same filed certificate, same page: sanitary fittings 6% done. Ask for a possession date in writing.

Godrej Aristocrat · Sector 49, Gurugram

Paying extra for the top floor? The terrace drawing shows what sits on the slab above those flats: the overhead water tanks, the lift machine rooms and the roof machinery. Ask which flat sits under which.

Prestige Camden Gardens · Thanisandra, Bengaluru

The approved parking table asks for 12 visitor spaces. It shows 0. Two-wheeler spaces: also 0. Ask in writing where visitors will park.

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Other RERA-registered projects in Nigdi Pradhikaran

THE Saga
possession by Sep 2026 · Nest Saswad Realty LLP
Aashirwad Homes
possession by Dec 2026 · Nest Saswad Realty LLP
Paradise Residency
possession by Dec 2026 · Balaji Developers
Shuban Enclave
possession by Dec 2026 · Sahyadri Devcon
Vision Vanessa
possession by Dec 2026 · P4 Group
Swastik Vyom
possession by Mar 2027 · Swastik Venture

Other RERA-registered projects in Pune

Element 77
possession by Dec 2029 · Vikrant Mohan Riswadkar
Element Square
possession by Dec 2029 · LJM Estates LLP
Elements
possession by Dec 2029 · Star Pioneers Construction Private Limit
Elena Homes
declared completion Oct 2020 · Kalimata Properties
Eleve 1
possession by Mar 2029 · Vedant Rising Developers
Elica
possession by Dec 2026 · Sachin Digambar Talekar

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Pune RERA red-flag register.

Last checked against the RERA register: 10 Sep 2026