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Leela Heights, Wakad

Lapsed

by Vishal Properties. Wakad, Pune 411057. View on Google Maps

Launched
3 years 1 month originally promised
Possession date (MahaRERA)
10 months ago. No further extension recordedExtended by 1 year (originally December 2024). What "Lapsed" means
Concrete structure (RCC)
67%Mid-constructionAverage across 6 buildings
Units booked
112 of 21253% booked
Price per sq ft (incl. balconies and terrace)
₹11,7002026 so far · 31 salesup 2% on 202580% of the 2026 sales we found were at this rate or lessSee what buyers paid

Project facts

2 BHK113
3 BHK99
Total units212
Buildings6
Land0.5 acres
Complaints on MahaRERA (filed by or against the builder)0

Since Dec 2025: structure 33% → 67% · final finishes 0% → 8%

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What buyers paid here

From government sale records

The price per sq ft is the agreed price of the flat alone, counting balconies and terrace.

Flat sizes and prices

Flat sizeWhat most buyers paid
790 sq ft₹90 – 92 lakh
1,020 sq ft₹1.16 – 1.22 crore

Based on flats sold in 2026 so far.

Price per sq ft, year by year

80% of the flats sold in each year went for this price or less.

2024₹10,700 per sq ft17 sales
2025up 7% on 2024₹11,500 per sq ft22 sales
2026 so farup 2% on 2025₹11,700 per sq ft31 sales

Rate vs other Wakad projects, 2026: about 5% higher

Compared with 6 similar projects in PIN 411057

Projects with 100–450 flats, launched within 6 months of this one.

Compared with 6 similar projects in PIN 411057
MeasureThis projectSimilar projects
Promised timeline (launch to possession)3 yrs 1 mth3 yrs 10 mths
Possession date extendedBy 1 year4 of 6
Possession date passedYes, due December 20254 ready to move; 1 also past their date
Concrete structure (RCC) complete67%100%
Share of units booked53%90%
Complaints on MahaRERA (filed by or against the builder)02

"Similar projects" shows the typical (middle) value. Other phases of this project are not included.

Construction progress

As reported to MahaRERA at each update
Time used and structure built
All of the originally promised 3 years 1 month have passed
Concrete structure (RCC) 67% complete
Concrete structure (RCC)Final finishesExcavation
0%25%50%75%100%Dec 2023Jun 2024Dec 2024Jun 2025Dec 2025Jul 2026Dec 2023: Excavation 33%Jun 2024: Excavation 33%Dec 2024: Excavation 33%Jun 2025: Excavation 33%Dec 2025: Excavation 33%Jul 2026: Excavation 73%Dec 2023: Concrete structure (RCC) 33%Jun 2024: Concrete structure (RCC) 33%Dec 2024: Concrete structure (RCC) 33%Jun 2025: Concrete structure (RCC) 33%Dec 2025: Concrete structure (RCC) 33%Jul 2026: Concrete structure (RCC) 67%Dec 2023: Final finishes 0%Jun 2024: Final finishes 0%Dec 2024: Final finishes 0%Jun 2025: Final finishes 0%Dec 2025: Final finishes 0%Jul 2026: Final finishes 8%Excavation 73%Concrete structure (RCC) 67%Final finishes 8%

Updates reported to MahaRERA

Updates reported to MahaRERA, newest first
UpdateExcavationStructure (RCC)Final finishesUnits booked
73%67%8%112
33%33%0%112
33%33%0%76
33%33%0%74

"—" means MahaRERA shows no figure for that update.

About this project

Leela Heights (MahaRERA P52100031666) is a residential project by Vishal Properties in Wakad, Pune 411057. It was launched in November 2021. It has 212 units in 6 buildings, with 2 & 3 BHK homes as registered with MahaRERA. Its MahaRERA status is Lapsed.

Possession was due in December 2025, after an extension of 1 year from the original December 2024. That date has passed and no further extension has been recorded. Construction, averaged across its 6 buildings: excavation 73% complete, structure (RCC) 67% complete, final finishes 8% complete. MahaRERA records do not show it as ready to move in.

112 of its 212 units are booked (53%). Since the December 2025 update, the reported concrete structure (RCC) has gone from 33% to 67%. 80% of the 2026 (so far) sales we found here were at ₹11,700 per sq ft or less (up 2% on 2025), counting balconies and terrace in the size, based on 31 registered sales. Buyers here paid a rate about 5% higher than at other Wakad projects in 2026. Most buyers paid ₹90–92 lakh for flats of 790 sq ft and ₹1.16–1.22 crore for 1,020 sq ft.

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.
Source: MahaRERA registration P52100031666.Check it on MahaRERA (P52100031666)All projects in Wakad, Hinjewadi, Marunji