Gulmohar Esteban, Mundhwa
by M/S Esteban Development LLP. Mundhwa, Pune 411036. View on Google Maps
- Launched
- 3 years 1 month promised
- Possession date (MahaRERA)
- 1 year 2 months awayPossession date unchanged since launch
- Concrete structure (RCC)
- 72%Mid-constructionAverage across 3 buildings
- Units booked
- 53 of 25121% booked
- Price per sq ft (incl. balconies and terrace)
- ₹10,5002026 so far · 35 salesup 7% on 202580% of the 2026 sales we found were at this rate or lessSee what buyers paid
Project facts
| 2 BHK | 238 |
|---|---|
| Other units (shops, offices or not given by type) | 13 |
| Total units | 251 |
| Buildings | 3 |
| Land | 1.8 acres |
| Complaints on MahaRERA (filed by or against the builder) | 0 |
Since Dec 2025: booked 19 → 53 · structure 60% → 72%
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 |
|---|---|
| 810 – 820 sq ft | ₹83 – 91 lakh |
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.
| 2025 | ₹9,800 per sq ft | 15 sales |
|---|---|---|
| 2026 so farup 7% on 2025 | ₹10,500 per sq ft | 35 sales |
Rate vs other Mundhwa projects, 2026: about 10% lower
Compared with 6 similar projects in PIN 411036
Projects with 100–500 flats, launched within 6 months of this one.
| Measure | This project | Similar projects |
|---|---|---|
| Promised timeline (launch to possession) | 3 yrs 1 mth | 5 yrs 8 mths |
| Possession date extended | No | 0 of 6 |
| Possession date (MahaRERA) | December 2027 | June 2030 |
| Concrete structure (RCC) complete | 72% | 0% |
| Share of units booked | 21% | 39% |
| Complaints on MahaRERA (filed by or against the builder) | 0 | 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 |
|---|---|---|---|---|
| The Reserve | October 2024 | December 2029 | 0% | 84 of 182 booked (46%) |
| QUE 914 Phase III | December 2024 | March 2028 | 60% | 107 of 164 booked (65%) |
| Mantra Magnus Phase 9 | January 2025 | December 2032 | 0% | 69 of 213 booked (32%) |
| Purva Atmosphere Tower 3 | January 2025 | December 2030 | 0% | Bookings not reported |
| Purva Atmosphere Tower 2 | January 2025 | December 2030 | 0% | Bookings not reported |
| Mantra Phase 2 | August 2024 | December 2029 | 0% | 44 of 146 booked (30%) |
Construction progress
As reported to MahaRERA at each updateUpdates reported to MahaRERA
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 100% | 72% | 0% | 53 | |
| 100% | 60% | 0% | 19 | |
| 100% | 60% | 0% | — |
"—" means MahaRERA shows no figure for that update.
About this project
Gulmohar Esteban (MahaRERA P52100078010) is a residential project by M/S Esteban Development LLP in Mundhwa, Pune 411036. It was launched in November 2024. It has 251 units in 3 buildings: 238 homes (2 BHK) and 13 other units (shops, offices or not given by type), as registered with MahaRERA. Its MahaRERA status is Active.
Its registered possession date is December 2027, unchanged since launch. Construction, averaged across its 3 buildings: excavation complete, structure (RCC) 72% complete, final finishes not started. MahaRERA records do not show it as ready to move in.
53 of its 251 units are booked (21%). Since the December 2025 update, 34 more units have been booked and the reported concrete structure (RCC) has gone from 60% to 72%. 80% of the 2026 (so far) sales we found here were at ₹10,500 per sq ft or less (up 7% on 2025), counting balconies and terrace in the size, based on 35 registered sales. Buyers here paid a rate about 10% lower than at other Mundhwa projects in 2026. Most buyers paid ₹83–91 lakh for flats of 810–820 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.