Gera Developments Private Limited
Wagholi · Pune
What registered buyers actually paid
₹11,523 – ₹13,568
per sq ft of carpet, agreement value
Covers 80% of 603 agreements filed with MahaRERA.i
Home
1408
Carpet area
983 sq ft
Typical value
₹12,648 a sq ft
Independent analysis · Quietlist · Bengaluru
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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.
Send the checklist to the family group Read it here →Delivery and registration
Geras Island of Joy Project B is registered with MahaRERA as P52100052474 and the promoter has declared completion for 15 Jun 2028.
15 Jun 2028
declared completion
21months to go
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 registration | P52100052474 |
| Registered on | 08 Sep 2023 |
| Promoter-declared completion | 15 Jun 2028 |
| Current status | Certificate Signed |
| Against today | 21 months to the declared date |
Approvals and compliance
MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for Geras Island of Joy Project B record 11 quarterly progress reports since registration.
11quarterly filings
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
Gera Developments is the promoter of record on 46 projects registered with MahaRERA, 3 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).
46projects
registered with MahaRERA
3flagged
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
In Geras Island of Joy Project B, ₹109.69 Cr of a declared ₹383.78 Cr estimated project cost is reported as incurred, about 28.6%, as at the last certified filing with MahaRERA.
28.6%
₹109.69 Cr
of ₹383.78 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
In Geras Island of Joy Project B, 603 of 626 homes filed with MahaRERA are recorded as sold or booked (593 with registered agreements and 10 booked), about 96%, and 23 remain available.
96%sold
603 of 626 homes
₹709.82 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, ₹361.76 Cr (about 51%) is recorded as collected and ₹338.63 Cr as receivable.
Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026
What buyers actually paid: across 603 registered agreements, the effective carpet rate is ₹12,407/sqft, with eight in ten falling between ₹11,523 and ₹13,568 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.
The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.
| Floor | Unit | Carpet | Govt reckoner value |
|---|---|---|---|
| Floor 1 | 103 | 912 sqft (84.7 sqm) | ₹63.78 Lakh |
| Floor 1 | 104 | 766 sqft (71.18 sqm) | ₹54.15 Lakh |
| Floor 1 | 105 | 1,022 sqft (94.96 sqm) | ₹74.84 Lakh |
| Floor 1 | 107 | 1,211 sqft (112.46 sqm) | ₹91.27 Lakh |
| Floor 14 | 1402 | 1,509 sqft (140.21 sqm) | ₹90.05 Lakh |
| Floor 14 | 1407 | 1,345 sqft (124.99 sqm) | ₹87.47 Lakh |
| Floor 14 | 1408 | 884 sqft (82.12 sqm) | ₹87.47 Lakh |
| Floor 16 | 1608 | 597 sqft (55.42 sqm) | ₹47.17 Lakh |
| Floor 17 | 1702 | 1,078 sqft (100.18 sqm) | ₹87.47 Lakh |
| Floor 17 | 1703 | 1,194 sqft (110.95 sqm) | ₹91.27 Lakh |
| Floor 2 | 205 | 1,022 sqft (94.96 sqm) | ₹74.84 Lakh |
| Floor 27 | 2702 | 1,414 sqft (131.37 sqm) | ₹57.38 Lakh |
| Floor 28 | 2802 | 1,414 sqft (131.37 sqm) | ₹57.38 Lakh |
| Floor 29 | 2902 | 1,414 sqft (131.37 sqm) | ₹57.38 Lakh |
| Floor 30 | 3002 | 1,414 sqft (131.37 sqm) | ₹57.38 Lakh |
| Floor 30 | 3005 | 1,022 sqft (94.96 sqm) | ₹1.56 Cr |
| Floor 31 | 3102 | 1,414 sqft (131.37 sqm) | ₹57.38 Lakh |
| Floor 31 | 3105 | 1,022 sqft (94.96 sqm) | ₹97.31 Lakh |
| Floor 32 | 3202 | 1,414 sqft (131.37 sqm) | ₹57.38 Lakh |
| Floor 32 | 3205 | 1,022 sqft (94.96 sqm) | ₹97.31 Lakh |
| Floor 33 | 3302 | 1,414 sqft (131.37 sqm) | ₹1.28 Cr |
| Floor 33 | 3303 | 616 sqft (57.27 sqm) | ₹57.36 Lakh |
| Floor 33 | 3306 | 619 sqft (57.53 sqm) | ₹57.38 Lakh |
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.
Read from MahaRERA on 11 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 603 homes carry one, and 23 of the 626 are recorded unsold.
Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:
| Home | Carpet | Filed for the same home on other floors | Based on |
|---|---|---|---|
| 1408 | 983 sqft | Rs 12,648 a sq ft typical, over Rs 10,691 to Rs 122,360 | 113 filed at this size |
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.
In Geras Island of Joy Project B, every one of the 23 unsold homes has agreements filed on its own stack. The Sales Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.
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+34 and 626 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Tower 09A and 09B | 1 | G+34 | 254 | - |
| Tower 08 | 1 | G+34 | 187 | - |
| Tower 04 | 1 | G+34 | 185 | - |
Unit mix on the filing: 626 residential.
Legal and disputes
2 complaints are on the MahaRERA record for Geras Island of Joy Project B, with orders passed in 1 of them.
2complaints
1with an order
Counts as disclosed in the project record.
Source · MahaRERA project disclosures · read 12 Jul 2026
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12502112 | 27/06/2025 | Gera Developments Private Limited vs Mahesh Desai | order passed |
| CC12602668 | 08/05/2026 | Millicent Soren vs Gera Developments Private Limited | pending / no order on file |
Located at Wagholi, Solitaire Township Road, Haveli, Pune, 412207. Per the filed land record, the plot is bounded to the north by Gat no 1255 P and 12 m wide road, to the south by 30m wide RP road, to the east by Project C and to the west by Project A. These are the boundaries as recorded in the filed land record.
The nearest major job hub is ~3 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Kharadi / EON IT Park | 3 km |
| Magarpatta / Hadapsar IT | 6 km |
| Pune Int'l Airport (Lohegaon) | 7 km |
| Pune Junction / city centre | 10 km |
| Baner–Balewadi belt | 21 km |
| Hinjewadi Rajiv Gandhi IT Park | 25 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.
🔒 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.
The approved drawings
Everything above is on this page already, free, from the government record. The drawings are different: the 61 approved sheets are the same drawings the builder filed to get Geras Island of Joy Project B 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.
Buying in Geras Island of Joy Project B?
With 28.6% of the project cost incurred, there is no finished building to walk through — the approved drawings are the only place to see what you are buying. Still choosing? We read the 61 approved drawings on Geras Island of Joy Project B’s file and tell you which homes we would ask for, what sits around them, and what to get in writing before you pay the token.
This page is the free MahaRERA filing summary on Geras Island of Joy Project B. Both readings below are built from that same filing. See a real one first:
Sales Report sample: Palmspring Towers → · Drawings Report sample: Oberoi Elysian – Tower A → · browse all sample reports →
Payment is confirmed automatically. The Sales Report is delivered on payment. The Drawings Report is 1 working day. We email the link, so you can close the tab.
Sales Report · ₹2,999
Every home still unsold, beside what was filed for the same home on other floors · delivered on payment
Not useful to your decision? Full refund — no questions asked.
Drawings Report · ₹4,999
Every drawing on file, read — which home to ask for · 1 working day
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Paying from outside India? Pay $35 (Sales Report) and $59 (Drawings Report) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
Free · Watch this project
We'll email you when this project's RERA record changes, and send the 14-point booking checklist with the first email.
Gera Developments Private Limited is the promoter on 27 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).
See every Gera Developments Private Limited project & its RERA track record →
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