ActivePR1260002400068Registered Oct 2024No active red flags

Laxminarayan

A residential / group housing project by Madkar Constructions Private Limited in PANMALA, Pune.

Data as of Jul 2026, from this project's public MahaRERA filing. View on the MahaRERA portal ↗

Overview

Status & progress

Per MahaRERA record as of Jul 2026.

Construction
2%
cost-weighted
Declared completion
Jul 2027
no delay on record
Units sold
3 / 27
11% sell-through
Basics

Project basics

As filed with MahaRERA — not analysis, just the record.

Promoter
Madkar Constructions Private Limited · Company
Project type
Residential / Group Housing
Land area
513 m² · Permissible built-up (FSI) 1,849 m²
Total units
27 across 1 wing
Estimated cost
₹6.7 Cr
Land ownership
Promoter is the landowner
Held outside open sale
14 landowner/investor share
Application date
13 Sept 2024
Buildings & units

1 wing

Floors and unit counts as filed.

WingFloors sanctionedTotal units
NA8 of 8 proposed27
People on record

Promoter & professionals

Names and registrations as declared — no background analysis.

Architect
CHITALE JOG ASSOCIATES · PMC LIC NO 829
Structural engineer
KALPAK CONSTRUCTIONS · PMC LIC NO 829
Project bank
BANK OF MAHARASHTRA
Location

Where it sits

PANMALA, Pune — 411009.

Locality
PANMALA
District
Pune
Authority
Pune Municipal Corporation
Red flags

No active red flags

Absence of a flag reflects the record as filed, not an assessment of safety.

Laxminarayan: common questions

Is Laxminarayan RERA registered?

Yes. Laxminarayan is registered with MahaRERA under registration number PR1260002400068, granted on 8 October 2024. As of July 2026, the registration is active.

What is the possession date of Laxminarayan?

The developer has declared completion by July 2027 in its MahaRERA filing. The RERA completion date is the developer's legal commitment; the possession date in your agreement can differ, so check both.

Who is the builder of Laxminarayan?

Laxminarayan is developed by Madkar Constructions Private Limited, the promoter named in its MahaRERA registration.

Where is Laxminarayan located?

Laxminarayan is in Panmala, Pune (PIN 411009), Maharashtra, as declared in its RERA registration.

How many units does Laxminarayan have, and how many are sold?

Laxminarayan has 27 units on its RERA registration. 3 were reported sold as of July 2026, leaving 24 unsold.

How much construction of Laxminarayan is complete?

By the developer's own quarterly filing, 2% of the work is done, measured against the project's cost estimate.

Is there any litigation against Laxminarayan?

No litigation is declared on Laxminarayan's MahaRERA record as of July 2026. A clean record reflects what was filed, not a legal title check.

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