LALBAG PRESTIGE BUILDING B

Project Overview

Lalbag Prestige Building B is a Residential / Group Housing project developed by Reliable Construction in Manchar, Ambegaon taluka, Pune district. The project is registered with MahaRERA under registration number P52100010952. The development is a single building — Building B — sanctioned up to 7 floors, situated on a land parcel of approximately 1.236 acres (5,000 sq m) at Survey No. 18/1, Manchar (CT), Ambegaon taluka, Pune 410503. The sanctioned built-up area is 2,431.2 sq m. The entire 5,000 sq m land area is designated as recreational open space in the RERA filing — an unusually high open-space ratio reflecting the rural/semi-urban nature of this location.

The original completion date was 31 December 2019, revised to 30 December 2021 in the RERA filing. Unit counts and flat configurations are not enumerated.

Location & Connectivity

Manchar is a census town in Ambegaon taluka, situated approximately 60–65 km northwest of Pune city on the route towards Junnar and Nashik. The town sits at the foothills of the Western Ghats, offering a semi-rural, relatively peaceful environment distinct from Pune's urban growth corridors. The northern boundary of the project fronts the Manchar–Mordewadi road.

Connectivity to Pune is primarily via the Pune–Nashik state highway. The area is not served by metro or suburban rail but has bus services. The location suits buyers seeking a more affordable residential option in an agriculturally active belt with scenic surroundings.

Developer & Approvals

Reliable Construction is the registered promoter under MahaRERA. The developer's track record and prior projects should be independently assessed through local contacts and RERA filings.

Approvals on record with MahaRERA:

• RERA Registration Certificate (P52100010952)
• Building Plan Sanction (Municipal Authority)
• Fire Safety NOC
• Environment Clearance / Consent to Establish
• Sewerage & Water Connection Approval

With the revised completion date of December 2021 now elapsed, buyers must verify current project status and certifications.

Configurations & Amenities

Building B is sanctioned for 7 floors. Unit configurations and carpet areas are not recorded in the RERA filing. Given the project's scale and semi-rural location, amenities are likely modest — buyers should confirm from the RERA-filed facilities declaration rather than assuming an urban amenity level.

Investment & Buyer Due Diligence

This is a smaller development in a Tier-3 / semi-urban location. Pricing is on request. Due diligence priorities: (a) verify completion certificate and OC on MahaRERA (P52100010952); (b) confirm Reliable Construction's legal standing and project completion history; (c) assess infrastructure availability at the Manchar site (water supply, sewerage, electricity); (d) review land records at Ambegaon taluka for Survey No. 18/1; and (e) evaluate resale liquidity given the limited buyer pool in Manchar compared to core Pune.