- Launched
- 4 years 2 months originally promised
- Possession date (MahaRERA)
- 4 months ago. No further extension recordedExtended by 1 year (originally June 2025). What "Lapsed" means
- Concrete structure (RCC)
- 100%Nearing possession
- Units booked
- 62 of 10460% booked
Project facts
| 1 RK | 5 |
|---|---|
| Other units (shops, offices or not given by type) | 99 |
| Total units | 104 |
| Buildings | 1 |
| Land | 0.5 acres |
| Complaints on MahaRERA (filed by or against the builder) | 0 |
Since Dec 2025: booked 47 → 62 · total units 111 → 104
Construction progress
As reported to MahaRERA at each updateUpdates reported to MahaRERA
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 100% | 100% | 25% | 62 | |
| 100% | 100% | 25% | 47 | |
| 0% | 0% | 0% | 33 | |
| 0% | 0% | 0% | 15 |
"—" means MahaRERA shows no figure for that update.
About this project
Profitbay (MahaRERA P52100028904) is a residential project by Laxmi Spacecon LLP in Narayan Peth, Pune 411030. It was launched in April 2021. It has 104 units in 1 building: 5 homes (1 RK) and 99 other units (shops, offices or not given by type), as registered with MahaRERA. Its MahaRERA status is Lapsed.
Possession was due in June 2026, after an extension of 1 year from the original June 2025. That date has passed and no further extension has been recorded. Construction: excavation complete, structure (RCC) complete, final finishes 25% complete. MahaRERA records do not show it as ready to move in.
62 of its 104 units are booked (60%). Since the December 2025 update, 15 more units have been booked.
Disclaimers
- Figures are as reported to MahaRERA, not verified by FlatNama.
- Concrete structure (RCC) is the reinforced-concrete frame. Final finishes means lifts, services, common areas and other works needed before handover, not the finishes inside each flat.
- On MahaRERA, Lapsed means the registered possession date has passed and the developer has not filed an extension or recorded the project as complete. It does not by itself mean work has stopped.
- Total internal area = carpet + balcony + terrace, as Pune sales offices quote “carpet area”. Price per sq ft counts balconies and terrace in the size.
- Prices are of the flat alone; stamp duty, registration and GST are extra, so the total is usually 10–15% more.
- Prices in a project usually rise as construction progresses. Floor, view and flat size move the price up or down, so treat these figures as a guide.
- Rates also vary with the exact project location.
- Prices come from sale records obtained from IGR Maharashtra, which may not include every sale.
- Complaints are the count MahaRERA shows for the project; they include complaints filed by the builder against buyers.
- Please do your own checks before you buy.