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ACE Atmosphere Phase I, Ravet

by Jhamtani Realty Private Limited. Ravet, Pune 412101. View on Google Maps

Launched
4 years 2 months originally promised
Possession date (MahaRERA)
1 year 11 months awayExtended by 1 year (originally September 2027). Why possession dates change
Concrete structure (RCC)
34%Mid-constructionAverage across 3 buildings
Units booked
306 of 34090% booked
Price per sq ft (incl. balconies and terrace)
₹10,2002026 so far · 26 salesup 4% on 202580% of the 2026 sales we found were at this rate or lessSee what buyers paid

Project facts

2 BHK163
3 BHK128
4 BHK48
Other units (shops, offices or not given by type)1
Total units340
Buildings3
Land1.7 acres
Complaints on MahaRERA (filed by or against the builder)0

Since Dec 2025: booked 283 → 306 · structure 25% → 34% · final finishes 0% → 13%

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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
720 – 780 sq ft₹72 – 81 lakh
990 – 1,030 sq ft₹91 lakh – ₹1.05 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₹8,800 per sq ft133 sales
2025up 11% on 2024₹9,800 per sq ft66 sales
2026 so farup 4% on 2025₹10,200 per sq ft26 sales

Rate vs other Ravet projects, 2026: about 15% higher

Compared with 6 similar projects in PIN 412101

Projects with 150–700 flats, launched within 1 year of this one.

Compared with 6 similar projects in PIN 412101
MeasureThis projectSimilar projects
Promised timeline (launch to possession)4 yrs 2 mths3 yrs 8 mths
Possession date extendedBy 1 year0 of 6
Possession date (MahaRERA)September 2028May 2027
Concrete structure (RCC) complete34%94%
Share of units booked90%75%
Complaints on MahaRERA (filed by or against the builder)00

"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
3 years 3 months of the originally promised 4 years 2 months have passed
Concrete structure (RCC) 34% complete
Concrete structure (RCC)Final finishesExcavation
0%25%50%75%100%Dec 2023Jun 2024Dec 2024Jun 2025Dec 2025Jul 2026Dec 2023: Excavation 0%Jun 2024: Excavation 100%Dec 2024: Excavation 100%Jun 2025: Excavation 100%Dec 2025: Excavation 100%Jul 2026: Excavation 100%Dec 2023: Concrete structure (RCC) 0%Jun 2024: Concrete structure (RCC) 0%Dec 2024: Concrete structure (RCC) 0%Jun 2025: Concrete structure (RCC) 0%Dec 2025: Concrete structure (RCC) 25%Jul 2026: Concrete structure (RCC) 34%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 13%Excavation 100%Concrete structure (RCC) 34%Final finishes 13%

Updates reported to MahaRERA

Updates reported to MahaRERA, newest first
UpdateExcavationStructure (RCC)Final finishesUnits booked
100%34%13%306
100%25%0%283
100%0%0%241
100%0%0%227
0%0%0%46

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

About this project

ACE Atmosphere Phase I (MahaRERA P52100051778) is a residential project by Jhamtani Realty Private Limited in Ravet, Pune 412101. It was launched in July 2023. It has 340 units in 3 buildings: 339 homes (2, 3 & 4 BHK) and 1 other unit (shops, offices or not given by type), as registered with MahaRERA. Its MahaRERA status is Active.

Its registered possession date is September 2028, extended by 1 year from the original September 2027. Construction, averaged across its 3 buildings: excavation complete, structure (RCC) 34% complete, final finishes 13% complete. MahaRERA records do not show it as ready to move in.

306 of its 340 units are booked (90%). Since the December 2025 update, 23 more units have been booked and the reported concrete structure (RCC) has gone from 25% to 34%. 80% of the 2026 (so far) sales we found here were at ₹10,200 per sq ft or less (up 4% on 2025), counting balconies and terrace in the size, based on 26 registered sales. Buyers here paid a rate about 15% higher than at other Ravet projects in 2026. Most buyers paid ₹72–81 lakh for flats of 720–780 sq ft and ₹91 lakh–₹1.05 crore for 990–1,030 sq ft.

Jhamtani's track record in Pune

MahaRERA projects registered 2017–2026, in the 59 areas FlatNama covers

Projects registered with MahaRERA28
Completed without extending the possession date13
Completed after an extension, or lapsed6
Under construction9
Possession date extended by the builder3
Typical time from launch to 100% structure3 years
Complaints on MahaRERA, all Jhamtani projects14 (3 of 28 projects)

See all Jhamtani 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.
Source: MahaRERA registration P52100051778.Check it on MahaRERA (P52100051778)All projects in Kiwale, Ravet