Rahul Downtown - Phase II, Punawale
by Paras Multispace LLP. Punawale, Pune 411033. View on Google Maps
- Launched
- 3 years 8 months originally promised
- Possession date (MahaRERA)
- 6 months awayExtended by 4 months (originally December 2026). Why possession dates change
- Concrete structure (RCC)
- 100%Nearing possessionAverage across 4 buildings
- Units booked
- 316 of 66448% booked
- Price per sq ft (incl. balconies and terrace)
- ₹11,0002026 so far · 202 salesup 6% on 202580% of the 2026 sales we found were at this rate or lessSee what buyers paid
Project facts
| 1 BHK | 2 |
|---|---|
| 2 BHK | 416 |
| 3 BHK | 214 |
| Other units (shops, offices or not given by type) | 32 |
| Total units | 664 |
| Buildings | 4 |
| Land | 6.8 acres |
| Complaints on MahaRERA (filed by or against the builder) | 1 |
Since Dec 2025: booked 229 → 316 · possession date December 2026 → April 2027 · complaints 0 → 1
What buyers paid here
From government sale recordsThe price per sq ft is the agreed price of the flat alone, counting balconies and terrace.
Flat sizes and prices
| Flat size | What most buyers paid |
|---|---|
| 750 – 810 sq ft | ₹80 – 87 lakh |
| 980 sq ft | ₹1.01 – 1.08 crore |
| 1,060 – 1,070 sq ft | ₹1.10 – 1.21 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 | ₹8,500 per sq ft | 18 sales |
|---|---|---|
| 2025up 22% on 2024 | ₹10,400 per sq ft | 27 sales |
| 2026 so farup 6% on 2025 | ₹11,000 per sq ft | 202 sales |
Rate vs other Punawale projects, 2026: about 20% higher
Compared with 6 similar projects in PIN 411033
Projects with 300–1,300 flats, launched within 6 months of this one.
| Measure | This project | Similar projects |
|---|---|---|
| Promised timeline (launch to possession) | 3 yrs 8 mths | 5 yrs 4 mths |
| Possession date extended | By 4 months | 0 of 6 |
| Possession date (MahaRERA) | April 2027 | September 2028 |
| Concrete structure (RCC) complete | 100% | 96% |
| Share of units booked | 48% | 85% |
| Complaints on MahaRERA (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 |
|---|---|---|---|---|
| Mirai Phase-I | April 2023 | December 2026 | 100% | 547 of 589 booked (93%) |
| Kohinoor Westview Reserve-II | April 2023 | December 2028 | 100% | 440 of 484 booked (91%) |
| K Shire Phase 2 | May 2023 | December 2027 | 100% | 317 of 397 booked (80%) |
| ANP Autograph | June 2023 | June 2028 | 59% | 261 of 433 booked (60%) |
| Nirman Cosmopolis | June 2023 | December 2030 | 93% | 413 of 554 booked (75%) |
| Kohinoor Westview Reserve | January 2023 | December 2028 | 80% | 718 of 794 booked (90%) |
Construction progress
As reported to MahaRERA at each updateUpdates reported to MahaRERA
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 100% | 100% | 5% | 316 | |
| 100% | 100% | 5% | 229 | |
| 100% | 100% | 0% | 217 | |
| 100% | 12% | 0% | 216 | |
| 100% | 0% | 0% | 198 |
"—" means MahaRERA shows no figure for that update.
Other phases of this project
About this project
Rahul Downtown - Phase II (MahaRERA P52100050682) is a residential project by Paras Multispace LLP in Punawale, Pune 411033. It was launched in April 2023. It has 664 units in 4 buildings: 632 homes (1, 2 & 3 BHK) and 32 other units (shops, offices or not given by type), as registered with MahaRERA. Its MahaRERA status is Active.
Its registered possession date is April 2027, extended by 4 months from the original December 2026. Construction, averaged across its 4 buildings: excavation complete, structure (RCC) complete, final finishes 5% complete. MahaRERA records do not show it as ready to move in.
316 of its 664 units are booked (48%). Since the December 2025 update, 87 more units have been booked and the possession date has moved from December 2026 to April 2027. 80% of the 2026 (so far) sales we found here were at ₹11,000 per sq ft or less (up 6% on 2025), counting balconies and terrace in the size, based on 202 registered sales. Buyers here paid a rate about 20% higher than at other Punawale projects in 2026. Most buyers paid ₹80–87 lakh for flats of 750–810 sq ft, ₹1.01–1.08 crore for 980 sq ft and ₹1.10–1.21 crore for 1,060–1,070 sq ft.
Rahul Construction's track record in Pune
MahaRERA projects registered 2017–2026, in the 59 areas FlatNama covers
| Projects registered with MahaRERA | 10 |
|---|---|
| Completed without extending the possession date | 4 |
| Completed after an extension, or lapsed | 3 |
| Under construction | 3 |
| Possession date extended by the builder | 3 |
| Typical time from launch to 100% structure | 2 years 2 months |
| Complaints on MahaRERA, all Rahul Construction projects | 10 (5 of 10 projects) |
- Completed without extending the possession date: MahaRERA shows the project Completed and the builder did not extend its possession date. MahaRERA's COVID extensions (6 + 6 months, 2020–21) are not counted as the builder's.
- Completed after an extension, or lapsed: every other registration that is not under construction.
- Under construction: MahaRERA status Active.
- Possession date extended by the builder: counted across all of the above, so it overlaps them.
- Typical time from launch to 100% structure: the middle value for projects whose concrete structure reached 100% between December 2023 and July 2026, counted from registration.
- Complaints: complaints on MahaRERA filed by or against the builder, on all its projects.
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.