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Detailed Report

The Balmoral Hillside - Tower B , Phase I

P52100046444 · MahaRERA · https://gethorizon.in/projects/the-balmoral-hillside-tower-b-phase-i-baner-haveli-dee9ek0q

01

Complete project overview

MahaRERA · Registration filing
Floors
39
Buildings
2
Parking
284 spaces
Land area
1,252 sq m
Sanctioned built-up
27,862 sq m
Recreational open space
1,828 sq m

Timeline

RERA registeredJul 2022
Proposed completionDec 2028
TodaySep 2026
Construction progress
Podiums0%
Stilt floor0%
Internal finishes0%
Flat fit-out0%
Stairs & lifts0%
External finishes0%
OC-readiness0%
Internal Roads & F…0%
Water Supply0%
Sewerage (Chamber,…0%
Storm Water Drains0%
Landscaping & Tree…0%
Street Lighting0%
Community Building…0%
Treatment And Disp…0%
Solid Waste Manage…0%
Water conservation…0%
Energy managemcnt0%
Fire protection an…0%
Electrical meter r…0%
Aggregate area of …0%
Open Parking0%
Superstructure8%
Excavation100%
Basement (if any)100%
Plinth100%
Per-activity completion % as filed with MahaRERA, shown for in-progress projects — a snapshot, not a live tracker.
02

Builder’s track record

MahaRERA · Builder registration

Kanika Infracon LLP

PartnershipPromoter type
Pune, MAHARASHTRABased in
4Projects
1City
2022–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
110 homeson the public record across 4 projects
73,986 sq mbuilt-up filed
43,372 sq mland declared

These are sums of what the builder has put on the public record across their projects — a sense of how big a builder this is, not build quality and not whether they finish on time.

Every project Horizon has read from this builder, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

More from Kanika Infracon LLP— the full portfolio →

03

Location

MahaRERA · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 159 new projects last year
  • 1,723 nearby projects
1 km radius · coordinates as filed · 18.5581, 73.7818 · © OpenStreetMap contributors
Village
Baner
Taluka
Haveli
District
Pune
Pincode
411045
Survey no.
S No 26/1/2, 27/5 , 27/6
North boundary
Proposed Building A
East boundary
Remaining plot
South boundary
Remaining plot
West boundary
Remaining plot
What’s nearby
SchoolsNearest school 1.3km away · College or university 1.3km away · Library 886m away
HealthcareHospital 823m away · 10 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · Gym or sports centre 451m away · 36+ restaurants and cafes within 1km
ShoppingSupermarket 724m away · Mall 1.8km away · Convenience store within 500m
Getting around
Expressway 1.2 km · Katraj - Dehu Road BypassPrimary road 500 m · Gopal Hari Deshmukh MargMetro station 706m away (Balewadi Phata)Bus stop within 1km
Water & environment
River 1.0 km · Mula
distances only — not a flood assessment
04

Satellite view of the site

Google Open Buildings, 2016–2023 · Sentinel-2 imagery

No building detected within ~20 m of the recorded location in any year from 2016 to 2023.

Satellite view, year by year

loading 2023…

Height estimated by a model from satellite imagery — not a survey, and the series ends in 2023. The dashed shape is within ~20 m of the filed location.

Satellite photographs of the same ground

Feb 2017
Feb 2023
Apr 2026

Sentinel-2, 10 m per pixel — about 400 m of ground across. Each frame is one dry-season day, so haze can dull a site.

How to read this

  • No building is visible in this circle through 2023. That is what the imagery shows, not a statement about the project’s progress.
  • This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
  • Site is a ~20 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.

Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026

05

Government Guidance Rate

Maharashtra IGR — Annual Statement of Rates

In Maharashtra it’s called the ready reckoner rate.

₹76,606per sq yd
₹91,620per sq m
Which rate
residential flat (built)
Matched to
The rate published for the village of “Baner”.
In force
2026-2027 schedule
Spread
₹42,233 – ₹88,337 per sq yd across the places it was taken over

What this number is — and isn’t

  • The minimum value Maharashtra’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
  • Not a market price. Sales normally register above it, and how far above varies by place and by project.
  • Its fit depends on the grain the state publishes at. This one is matched at the level of village, and says so above. How Horizon decides what to show.
06

Planning authority

MahaRERA · Approved building plan

Pune Municipal Corporation

Municipal Corporation
Building Permit
Survey no. S No 26/1/2, 27/5 , 27/6
The occupancy certificate — the proof that isn’t here

An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.

The approving body, at scale

Pune Municipal Corporation

Municipal corporation

Has approved 1,863 RERA projects — about 1 in 11 in Maharashtra.

an apartments market — 99% apartments · 1% plotted layouts. Apartments like yours are this body's core business.

Builders
1,351
On record
9,749 flats · 439 plots
Reach
3 districts
Since
2017

Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

See every project approved by MahaRERA→

08

Other projects nearby

The register · within 25 km

3,295 residential projects still under way within 25 km. Step out ring by ring:

Of the 1,723 projects the radar draws within 6 km — every kind, every stage — 519 are residential projects still under way. This list keeps only those, and looks further out.

56 projects within 1 km — showing the nearest 6.

20 m awayResidential / Group Housing

Habitat-Wing C

Kanika Infracon LLP · Baner · Haveli

Aug 2025registered
Dec 2027target completion
Government Guidance Rate₹76,606/sq ydScale98 flatsAuthorityMahaRERA
140 m awayOthers

Kohinoor Business Tower-Baner

Revoluxe Estates LLP · Baner · Haveli

Feb 2025registered
Oct 2029target completion
Government Guidance Rate₹76,606/sq ydScale166 flatsAuthorityMahaRERA
290 m awayMixed

TEJELEVIA BUILDING D & TEJONE BANER

TEJRAJ REALTORS LLP · Baner · Haveli

Nov 2025registered
Sep 2029target completion
Government Guidance Rate₹76,606/sq ydScale158 flatsAuthorityMahaRERA
330 m awayResidential / Group Housing

TEJELEVIA BUILDING C

TEJRAJ REALTORS LLP · Pune · Pune City

Apr 2023registered
Dec 2028target completion
Government Guidance Rate₹58,077/sq ydScale116 flatsAuthorityMahaRERA
340 m awayResidential / Group Housing

W P ROYAL ELEVIA

W P DEVELOPERS · Thergaon · Mulshi

Jan 2025registered
Dec 2026target completion
Government Guidance Rate₹70,134/sq ydScale6 flatsAuthorityMahaRERA
350 m awayResidential / Group Housing

5 Maidan by Skyi

Enerrgia Skyi Ventures · Baner · Haveli

May 2023registered
Jun 2028target completion
⚠ 2 open complaintsGovernment Guidance Rate₹76,606/sq ydScale191 flatsAuthorityMahaRERA

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with MahaRERA, as the builder submitted it.
  2. 02Builder's track record
    • MahaRERA: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location
    • Address and pincode: the MahaRERA filing.
    • Coordinates: as filed with MahaRERA.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Satellite view of the site
    • Building footprint and height by year: Google Open Buildings 2.5D Temporal (CC BY 4.0), a model estimate of building presence and height from satellite imagery.
    • Photographs: Copernicus Sentinel-2 imagery (contains modified Copernicus Sentinel data 2017–2026).
  5. 05Government Guidance Rate
    • Maharashtra IGR — Annual Statement of Rates.
  6. 06Planning authority
    • MahaRERA: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  7. 07Complaints & litigation
    • Complaints before MahaRERA.
  8. 08Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/the-balmoral-hillside-tower-b-phase-i-baner-haveli-dee9ek0q.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.