Palm Springs, Wakad
by Divine Ventures and Lanke Birje Associates. Wakad, Pune 411057. View on Google Maps
- Launched
- First of 2 phases
- Possession dates (MahaRERA)
- Dec 2027No phase has an extended possession date
- Concrete structure (RCC)
- 74%Mid-construction1 of 2 phases with structure completeWeighted across 2 phases
- Units booked
- 305 of 35985% booked
- Price per sq ft
- ₹11,7002026 salesSee what buyers paid
Facts
Project facts
| 1 BHK | 104 |
|---|---|
| 2 BHK | 235 |
| 3 BHK | 44 |
| Total units | 383 |
| Buildings | 4 |
| Land | 1.2 acres |
| Phases | 2 |
Since Dec 2025: booked 208 → 305
Shortlist 2 or more to compare side by side.
Prices
What buyers paid here
From government sale recordsWhat buyers paid in registered sales, not today's asking price. Use it to compare projects, then ask the builder for the current rate.
Flat types, sizes and prices
| Flat type | Size (total internal area) | What most buyers paid | Year |
|---|---|---|---|
| 1 RK / 1 BHK | about 460 – 510 sq ft | ₹40 – 44 lakh | 2024 sales |
| 2 BHK | about 640 – 840 sq ft | ₹75 – 96 lakh | 2026 sales |
Price per sq ft, year by year
| 2023 | ₹8,100 per sq ft |
|---|---|
| 2024up 10% on 2023 | ₹8,900 per sq ft |
| 2026 | ₹11,700 per sq ft |
Registered sales across all 2 phases.
Compared with the typical Wakad rate in 2026: similar
How to read this price
- 80% of registered sales that year were at this rate or less.
- Size is total internal area: carpet + balcony + terrace.
- Higher floors, corner flats and open views usually cost more; lower floors and road-facing flats often less.
- The registered price includes parking and floor-rise; GST, stamp duty and registration are extra.
- Fewer sales means a less certain figure.
- Use it as a starting point for questions, not as an offer price.
Phases
The 2 phases
| Phase | MahaRERA no. | Flats | Possession | Structure | Booked |
|---|---|---|---|---|---|
| Palm Springs Phase 1 Completed | P52100026794 | 211 | 100% | 100% | |
| Palm Springs Ph-II D-wing Mid-construction | P52100053541 | 172 | 43% | 55% |
Show updates by phase
Palm Springs Phase 1 (P52100026794)
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 100% | 100% | 100% | 211 | |
| 100% | 100% | 7% | 203 | |
| 100% | 24% | 0% | 10 |
"—" means MahaRERA shows no figure for that update.
Palm Springs Ph-II D-wing (P52100053541)
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 100% | 43% | 0% | 94 | |
| 100% | 0% | 0% | 5 | |
| 0% | 0% | 0% | — |
"—" means MahaRERA shows no figure for that update.
Compare
Compared with 5 similar projects in PIN 411057
Projects with 150–800 flats, launched within 6 months of this one.
| Measure | This project | Similar projects |
|---|---|---|
| Promised timeline (launch to possession) | 4 yrs 4 mths | 6 yrs 1 mth |
| Possession date extended | No | 1 of 5 |
| Possession date (MahaRERA) | Dec 2027 | June 2027 |
| Concrete structure (RCC) | 74% | 42% |
| Units booked | 85% | 88% |
| MahaRERA complaints (filed by or against the builder) | 1 | 0 |
"Similar projects" shows the typical (middle) value. Other phases of this project are not included.
| Project | Launched | Possession date (MahaRERA) | Concrete structure (RCC) | Units booked |
|---|---|---|---|---|
| Sukhwani Ambar | October 2020 | June 2027 | 18% | 87 of 358 booked (24%) |
| Rahul Aston | November 2020 | Apr 2026 | 100% | 311 of 391 booked (80%) |
| ANP Memento | August 2020 | September 2026 | 100% | 338 of 368 booked (92%) |
| Ganga Asmi | December 2020 | Jun 2027 – Dec 2030 | 42% | 244 of 255 booked (96%) |
| Ira | April 2020 | September 2027 | 0% | Bookings not reported |
How to read construction stages
- Early stage
- The concrete structure (RCC) has not started yet.
- Mid-construction
- The concrete structure (RCC) is being built.
- Nearing possession
- The concrete structure (RCC) is complete and final finishes are below 90%.
- Ready to move
- MahaRERA shows the project Completed, or the concrete structure (RCC) is complete and final finishes are 90% or more.
- Concrete structure (RCC)
- The reinforced-concrete frame of the building: columns, beams and slabs.
- Final finishes
- Lifts, services, common areas and other works needed before handover, not the finishes inside each flat.
- Lapsed
- MahaRERA status when the possession date has passed with no extension or completion filed; it does not by itself mean work has stopped.
About this project
Palm Springs is a project by Divine Ventures and Lanke Birje Associates in Wakad, Pune 411057, registered with MahaRERA as 2 phases (P52100026794, P52100053541). The first phase was launched in October 2020. Together the phases have 383 units in 4 buildings, with 1, 2 & 3 BHK homes as registered with MahaRERA. On MahaRERA, 1 is completed and 1 is active.
The registered possession date is December 2027; no phase has an extended possession date. Across all phases, weighted by flats, the concrete structure (RCC) is 74% complete and final finishes 55% complete. 1 of the 2 phases have their structure complete.
305 of the 359 units reported for sale are booked (85%). In 2026 registered sales, 80% of flats here sold at ₹11,700 per sq ft or less, counting balconies and terrace in the size. Buyers here paid a rate similar to the typical Wakad rate in 2026. Most buyers paid ₹40–44 lakh for 1 RK / 1 BHK flats of about 460–510 sq ft (2024 sales); ₹75–96 lakh for 2 BHK flats of about 640–840 sq ft (2026 sales). The registered price includes parking and floor-rise; GST, stamp duty and registration are extra.