PROPERTYENGINEER
Book a site visit
← All projects
Early Stage (2-3 yrs)RERA P52100056316

Garve Akshara Grandeur

by Garve Group · Punawale, Pune

₹72.4 L – ₹1.1 Cr

EMI from ₹51,170/mo · estimate

Book a site visit

No litigation on record

Checked against court records at the time of our review. Records change, so confirm before you pay.

Possession: two different dates

Builder’s target
June 2028
MahaRERA committed date
December 2028

RERA P52100056316Verify on MahaRERA

About this project

About Garve Akshara Grandeur

Garve Akshara Grandeur is a 2.5-acre project at Kate Wasti, Punawale, with 3 towers of G+23 and 4 flats per floor. It offers 2 and 3 BHK homes from 724 to 1,053 sq ft carpet, all-inclusive, with roughly 437 sanctioned units in total. The structure is an earthquake-resistant RCC frame with AAC block masonry rather than the Mivan shuttering used on several competing Punawale towers. Amenities are stacked across four levels — ground, podium, a 22nd-floor deck and the rooftop — which is unusual for the price band. Registered with MahaRERA as P52100056316, launched in May 2024 with a RERA completion date of December 2028.

Developer’s official project page

Property Engineer Verdict

Our score for Garve Akshara Grandeur across legal standing, builder record, livability, connectivity and value, with the buy, wait or walk-away call.

Free. One call from an advisor, never sold on.

Key facts

The facts that decide daily life

Land parcel
2.5 acres
Towers
3
Floors
G+23
Flats per floor
4
Lifts per tower
3 lifts and 2 staircases per tower
Construction
Earthquake-resistant RCC frame with AAC block masonry (not Mivan shuttering)
Parking levels
Ground-level parking
Construction progress
About 5% complete as of 18 March 2026

Unit plans and prices

Pick a layout, see what it costs

724 sq ft carpet

Quoted price
Ask us
All-inclusive
₹72.4 L
Minimum down payment
₹11 L

776 sq ft carpet

Quoted price
Ask us
All-inclusive
₹78.2 L
Minimum down payment
Ask us

Site visit

Pick a day to walk through

See Garve Akshara Grandeur with an advisor who has already read the legal file.

  • An advisor calls to confirm the day and time
  • No cost, and no obligation to book
  • Your number goes to the builder only if you ask us to introduce you
or call +91 93738 11941

Choose a day to continue.

Our read

What works, and what to weigh

Pros & cons

The strengths and the drawbacks we found, written as plainly as each other.

Free. One call from an advisor, never sold on.

Amenities

What comes with the address

  • Swimming Pool
  • Indoor Gymnasium
  • Multi-Purpose Court
  • Futsal Court
  • Kids Play Area
  • Toddlers Play Area
  • Creche
  • Yoga Zone
  • Meditation Zone
  • Co-Working Spaces
  • Multipurpose Hall
  • Multipurpose Lawn

Location

Where Garve Akshara Grandeur stands

  • Hinjewadi Rajiv Gandhi Infotech Park, Phase 1≈ 6 km
  • Hinjewadi Phase 2≈ 9 km
  • Hinjewadi Phase 3≈ 11 km
  • Pimpri-Chinchwad MIDC industrial belt≈ 8 km

Area growth

What is being built around it

Items marked Planned or In progress have not been delivered. Dates are the authority's or developer's, not ours.

  1. PlannedTrailing 1 and 3 years to 2026

    Punawale resale prices

    Rates moved about 5% in the last 12 months and roughly 32% over three years, to an average near ₹7,400 per sq ft. The three-year run is the stronger signal; the last year has clearly cooled.

    Source: 99acres Punawale price trends

  2. PlannedPhased opening

    Hinjewadi–Shivajinagar Metro (Line 3)

    The elevated line serves the Hinjewadi corridor and Wakad. Punawale is not on the alignment — the benefit here is a shorter road leg to a working metro station, not a station of its own.

    Source: PMRDA / Pune Metro

  3. PlannedOngoing

    Ravet–Punawale road corridor

    Punawale's case rests on being about 2.8 km from the Mumbai–Bengaluru Highway with the PCMC belt on one side and Hinjewadi on the other. Road widening and the volume of new supply are the two things to watch.

    Source: PCMC development plan

Before you book

Six things people ask us next

  • Maintenance

    2 BHK: ₹3,600 – ₹3,900/month · 3 BHK: ₹4,300 – ₹5,300/month

  • Payment plan

    CLP (Construction Linked Plan)

  • Minimum down payment

    From ₹11.00 Lacs, depending on the unit.

  • Documents

    5 documents held on this project, shared with your free report.

  • Construction progress

    About 5% complete as of 18 March 2026 at our last check.

  • Rental income

    2 BHK rents for about ₹21,000 – ₹25,000 a month semi-furnished. That is a gross yield near 3.8% on ₹72.4 L, an estimate before tax and vacancy.

What it costs to own

Your monthly cost, before you commit

Every figure here is an estimate from the assumptions you can see and change.

Unit

Loan tenure

Down payment20% · ₹14.5 L
Interest rate (assumption)8.75%

Monthly EMI, estimated

₹51,170

EMI
₹51,170
Maintenance (mid-point)
₹3,750
Together, per month
₹54,920

Estimated upfront

₹19.5 L

Down payment plus stamp duty and registration at an assumed 7% of price. The real figure varies by buyer.

An estimate, not a loan offer.

Free download

Garve Akshara Grandeur buyer summary report

A short PDF with key facts, MahaRERA and possession checks, litigation on record, strengths and watch-outs. An advisor calls within 24 hours to take you through the full verdict — no obligation.

We collect your name, mobile number and optional email to respond to this request. It is stored on our servers in India and seen only by the advisor handling it — never sold or shared with a builder without your say-so. We keep it for 24 months from your last contact. You can ask us to show or delete it at any time at privacy@propertyengineer.in. Privacy Policy

Pricing intelligence

The quoted price is where the conversation starts.

Garve Akshara Grandeur is quoted at ₹72.38 Lacs – ₹1.10 Cr. Tell us where to reach you and we will send the closable price — plus how it stacks up against the projects around it.

  • Comparative pricing against nearby projects, per square foot
  • The price this project actually closes at, not the quoted one
  • Backed by registered sale agreements from the last six months

Get the closable price

Free, and no obligation to buy through us.

+91

One call from an advisor. Your number is never sold on.

Investment outlook

Appreciation & rental income

Appreciation & rental income

What this micro-market has appreciated at, and the rent a 2 or 3 BHK here actually commands.

Free. One call from an advisor, never sold on.

Handover

Possession & delivery

Build stage

Early Stage (2-3 yrs)

Builder's target

June 2028

RERA committed date

December 2028

Construction complete

About 5% complete as of 18 March 2026

The developer is quoting June 2028, but the date it is legally committed to under RERA is December 2028 — 6 months later. Plan around the RERA date; the earlier one carries no penalty if it slips.

Paperwork

Documents

Paperwork & documents

The title, approval and layout documents we hold on this project, and how to request copies.

Free. One call from an advisor, never sold on.

Developer

Builder profile

Garve Group

Years of experience

15

Total projects

25

Cities of operation

Pune

Garve Group is a Pune-based developer with 15+ years of industry experience, known for completing and delivering projects on or before time, and offering a two-year warranty on flats and facilities.

Background

Marketed as 'Garve Developers'; recorded here as Garve Group to match our existing Garve 33 Central Avenue listing. Public claims about the firm's vintage and scale are inconsistent: the project website says established 2013, listing portals say 18 years of experience, and completed-project counts range from 3 to 25 depending on the source. Marketing is handled by BeyondWalls. Nearby past work includes Garve Akshara Meadows (Tathawade) and Garve Emerald (Punawale).

Other projects

Garve 33 Central Avenue (Tathawade)Garve Akshara Meadows (Tathawade)Garve Emerald (Punawale)Garve Advantage (Tathawade)Garve Samrajya (Pimple Saudagar)

Get the free Property Engineer report on Garve Akshara Grandeur

Title and approvals, DP and survey verification, a 15-year builder search, registered sale agreements from the last six months, and area growth analysis — written for you, not for the developer. No cost, no obligation.

Get the Free ReportBook a free advisory call

Ask about this project

We collect your name, phone number and the requirements you describe to respond to this request. It is stored on our servers in India and seen only by the advisor handling it — never sold or shared with a builder without your say-so. We keep it for 24 months from your last contact. You can ask us to show or delete it at any time at privacy@propertyengineer.in. Privacy Policy

Questions

Garve Akshara Grandeur — buyer questions answered

The questions buyers actually ask about Garve Group before paying a booking amount, answered from what we have checked on Garve Akshara Grandeur in Punawale. Where we have not verified something, the answer says so rather than guessing.

Builder credibility, legal standing & approvals

The questions buyers ask before trusting a developer with a booking amount. Answered from what we have verified — and where we have not verified something, it says so.

Garve Akshara Grandeur in Punawale, Pune is registered with MahaRERA under number P52100056316. A registration number on its own is not proof that the registration is still live: the MahaRERA portal shows the registered completion date, the current status and any extensions applied for, and that is what to check. The date filed with MahaRERA for this project is Dec 2028. Confirm the number against the portal before you pay anything, including a booking amount. Verify on the MahaRERA portal

Garve Group reports 15 years in the business, 25 projects. Named earlier work includes Garve 33 Central Avenue (Tathawade), Garve Akshara Meadows (Tathawade), Garve Emerald (Punawale), Garve Advantage (Tathawade) and 1 more. Marketed as 'Garve Developers'; recorded here as Garve Group to match our existing Garve 33 Central Avenue listing. Public claims about the firm's vintage and scale are inconsistent: the project website says established 2013, listing portals say 18 years of experience, and completed-project counts range from 3 to 25 depending on the source. Marketing is handled by BeyondWalls. Nearby past work includes Garve Akshara Meadows (Tathawade) and Garve Emerald (Punawale). We score Garve Group 66 out of 100 on track record, assessed from public records rather than from the developer's own material. Figures a developer publishes about itself are claims until checked, and where two sources disagree we score the more conservative one.

No litigation is disclosed against Garve Akshara Grandeur in the records we have checked. We have not published a separate 15-year civil and criminal search on Garve Group for this listing. "None on record" means none found in what we searched — it is not a guarantee that none exists. Civil, consumer, RERA and NCLT matters sit in different registries, and a fresh search before you pay is worth the hour it takes.

On Garve Akshara Grandeur specifically there is already a gap between the two dates: Garve Group is quoting June 2028, while the date committed to MahaRERA is December 2028 — 6 months later. The RERA date is the one that carries legal weight, and it is the one to plan around. We do not publish a completed-versus-promised delivery history for Garve Group's earlier projects on this page. That history is reconstructed from the MahaRERA filings of each past project — the registered completion date against the occupancy certificate date — and we do it as part of the free report on this project rather than repeating a claim.

We do not publish resident reviews for Garve Group, and we would treat any we found with caution: review sections on property portals are routinely seeded by developers and by competitors, so a rating there is weak evidence either way. What is worth doing is talking to the society office or a few residents at a completed Garve Group project — handover delays, water supply, seepage in the first monsoon and how maintenance was transitioned are all things people will tell you in person and will not write online. We arrange those conversations as part of an advisory engagement; ask us for the list.

MahaRERA P52100056316, registered 29 May 2024 with a declared completion date of 31 December 2028. No litigation is disclosed on the public listings; our own 15-year civil and criminal search on the developer is still pending and this row should not be published as litigation-clear until it is done. Two items need confirming at source before publication: (1) the full sanctioned unit schedule, since the 366–2,411 sq ft range in public RERA summaries is inconsistent with a 2 and 3 BHK-only project and suggests inclusive-housing units and shops; (2) the inverted pricing on the 1,047 and 1,053 sq ft 3 BHKs. Neighbourhood distances marked with ≈ are straight-line estimates, not measured drive distances — pin the map location in the admin console and re-run Auto-fill nearby to replace them. A clear title means the 30-year search shows an unbroken ownership chain, no subsisting mortgage beyond the disclosed construction finance, no injunction, and 7/12 or property-card entries that match the promoter named in the RERA filing. Ask for the title certificate and the search report — both are documents the developer already holds, and a reluctance to share them is itself an answer.

The documents we have sighted for Garve Akshara Grandeur are: Commencement Certificate, Legal Title Report, Layout Plan, Proforma Allotment Letter, Proforma Sale Agreement. The set to insist on is the commencement certificate, the sanctioned building plans and layout, the environmental clearance where the plot size requires one, the fire NOC, and — for a completed building — the occupancy certificate. Ask for the commencement certificate specifically: construction that has started without one is the single most common approval defect in Pune.

We do not have the funding model for Garve Akshara Grandeur on record. Funding matters more than turnover for a buyer: a self-funded project stops when sales stop, while a debt-funded one carries a lender with a charge over the land, and a stalled project with a mortgage on it is far harder to unwind. You can check this yourself — the charges registered against a developer are public on the MCA portal, and the RERA filing lists the project's own financing. Insolvency proceedings, if any, appear on the NCLT and IBBI sites. Check company filings on the MCA portal

We do not publish a MahaRERA complaint history for Garve Group on this page, and you should not assume the absence of one here means there are none. Complaints are filed under Section 31 of the Real Estate (Regulation and Development) Act, 2016, and MahaRERA publishes both the complaint register and the orders passed. Search the developer's name and each of its project registration numbers — companies often build under a different registered entity per project, which is why searching only the brand name misses cases. The pattern matters more than the count: several orders on the same complaint type across different projects says more than one contested case. Search complaints and orders on MahaRERA

We have not published a defect history for Garve Group's completed projects, and we will not infer one from a score. On Garve Akshara Grandeur the structure is recorded as Earthquake-resistant RCC frame with AAC block masonry (not Mivan shuttering), which tells you the method but not the workmanship. Under Section 14(3) of the RERA Act the promoter is liable for structural defects and defects in workmanship, quality or services for five years from handover, and must rectify them within 30 days of being told, at no cost to you. The practical test is a visit to a Garve Group building two or three monsoons old: look at ceiling corners in the top-floor flats, the parking podium, and the external wall on the weather side.

Section 14 of the RERA Act binds the promoter to the sanctioned plans and specifications, and forbids alterations to the sanctioned plan of a building without the written consent of at least two-thirds of the allottees. To check Garve Akshara Grandeur yourself, compare the sanctioned layout attached to the MahaRERA filing against what is standing on site — floor count, tower positions, setbacks and the open space are the things that move. Unauthorised construction is not merely a paperwork problem: it can block the occupancy certificate for the whole building, including flats that were built exactly as approved.

Under Section 18 of the RERA Act, if the promoter fails to hand over by the date in your agreement you may either withdraw and claim a full refund with interest, or stay in the purchase and claim interest for every month of delay until you get possession. The remedy is yours to choose, not the developer's. The date that counts is the one in your agreement for sale, which is why the MahaRERA-committed date for Garve Akshara Grandeur — Dec 2028 — matters more than any date quoted verbally. Check what your draft agreement says about compensation before signing: developer-drafted clauses routinely offer a token per-square-foot amount far below the statutory interest, and a clause cannot take away a right the Act gives you.

We do not record industry-association membership for Garve Group, because it is weak evidence. CREDAI and NAREDCO are voluntary trade bodies, not regulators: membership is not an approval, it is not a quality certification, and it cannot be relied on the way a RERA registration can. If it matters to you, both bodies publish member directories for their Pune chapters and you can check the name there in a minute. Weigh it well below the RERA filing, the title search and the delivery history.

Everything below is public and free. On the MCA portal, "View Company Master Data" gives you the registered entity behind Garve Group, its incorporation date, paid-up capital and status; the signatory list gives you the directors, and each director's DIN shows every other company they run — which is how you find the sister companies a group builds through. Charges registered against the company show who has lent against what. On MahaRERA, searching the promoter name lists every project it has registered, with the committed and revised completion dates for each. The RERA filing for Garve Akshara Grandeur names the promoter entity; check that it is the same company whose track record you have been reading about, because the marketing brand and the registered promoter are frequently not the same. Look up the company on the MCA portal

Garve Akshara Grandeur is marketed with Swimming Pool, Indoor Gymnasium, Multi-Purpose Court, Futsal Court, Kids Play Area and 16 more. What binds the developer is the amenity list in the agreement for sale and in the MahaRERA filing — not the brochure, not the render, and not the show flat. Section 11 of the RERA Act requires the promoter to deliver the amenities as declared to the authority, and the agreement is the document a court reads. Before signing, check each amenity you are paying for appears in the agreement's specification annexure with a delivery stage attached. Anything described as "proposed", "planned" or shown only in a render is not a commitment, and a clubhouse promised for "phase 2" of a multi-phase project may be years behind your handover.

Prices, possession & buying process

The practical detail on this project.

Garve Group's target for Garve Akshara Grandeur is June 2028. The date committed in the MahaRERA filing is December 2028. Where the two differ, the RERA date is the one that carries legal weight and the one to plan your rent or loan around.

Garve Akshara Grandeur offers 2 BHK and 3 BHK homes with carpet areas from 724 to 1053 sq ft. These are RERA carpet areas — the usable floor area inside your walls — not built-up or super built-up, which is what quoted rates on portals are usually based on. Compare projects on carpet area or the comparison is meaningless.

All-inclusive prices at Garve Akshara Grandeur run ₹72.38 Lacs – ₹1.10 Cr, depending on configuration and floor. Payments follow a CLP (Construction Linked Plan): Standard slab-wise payment against construction progress, with home loans indicated up to 90%. Minimum down payment quoted at ₹11.00 Lacs inclusive of taxes. Approved with Central Bank of India, Union Bank of India, Bank of India, Bank of Baroda, Citi Bank, Kotak Mahindra Bank, Axis Bank, State Bank of India, ICICI Bank and HDFC Bank. Ask for the cost sheet in writing: stamp duty, registration, GST where applicable, floor-rise, parking and the maintenance deposit are frequently quoted separately from the headline price.

Home loans of up to 90 per cent are indicated under the developer's payment scheme for Garve Akshara Grandeur. Individual lender panels vary, and a project being "bank approved" in a brochure means one bank has done its own legal check — not that yours will. We confirm the current lender panel as part of our advisory work rather than repeating the developer's claim. A bank's own legal team declining a project is a signal worth knowing about.

Yes. NRIs and OCI cardholders may buy residential property in India under RBI rules, with payments routed through NRE or NRO accounts and no special permission needed for a residential purchase. We handle documentation, power of attorney and remote signing for buyers of Garve Akshara Grandeur from outside India as part of an advisory engagement. Call +91 93738 11941 or write to hello@propertyengineer.in.

More projects

Similar projects to compare

3 in Punawale, then others by score.

  • Siddhashila EEVVA

    Punawale · by Siddhashila Group

    Under Construction (3+ yrs)

    2 BHK · 3 BHK · 801–1102 sqft carpet

    ₹83 L – ₹1.2 Cr

    EMI from ₹58,678/mo · estimate, 20% down

  • Legacy Highpoint

    Punawale · by Legacy Lifespaces (the client brief states a partnership with Infinitynx Realtors LLP, which we could not independently confirm)

    Early Stage / Under Construction

    2 BHK · 667–754 sqft carpet

    ₹75.6 L – ₹90.3 L

    EMI from ₹53,447/mo · estimate, 20% down

  • Pharande Puneville Phase 3

    Punawale · by Pharande Spaces

    Mid Stage (1-2 yrs)

    2 BHK · 2.5 BHK · 3 BHK · 4.5 BHK · 630–1950 sqft carpet

    ₹58.6 L – ₹1.9 Cr

    EMI from ₹41,414/mo · estimate, 20% down