Pune's construction market spans Maharashtra's fastest-growing residential zones (Wagholi, Kharadi, Ravet, Baner), PMRDA township infrastructure, automotive/industrial facilities in Chakan and Ranjangaon, and IT commercial parks. MahaRERA — the same framework as Mumbai — governs all residential projects, with PMRDA approval timelines creating a specific possession-date risk not present in PMC/PCMC areas.
MahaRERA applies uniformly across Maharashtra — SBI MCLR + 2% per annum on all buyer receipts for each month of delayed possession. Pune's specific risk: PMRDA approval timelines are longer than PMC/PCMC for layout and DP road completion, which extends the critical path from structural completion to OC.
Developers who register an aggressive MahaRERA possession date when bookings begin at foundation stage face high Section 18 liability if PMRDA approvals slip. Example: A ₹60 Cr Pune project (180 units, average ₹33 Lakh per buyer received = ₹60 Cr total). Each month of delay at 12.75% per annum = approximately ₹64 Lakh in RERA interest. Six months = ₹3.8 Cr.
Tracking Schedule Performance Index on structural milestones and monitoring PMRDA critical-path approvals 4–5 months before the registered possession date gives the only meaningful early-warning window. MahaRERA allows possession date revision if the developer applies before the breach — but requires documented evidence of construction progress and approval delays.
Automotive facility construction (plant expansions, Tier 1 and Tier 2 supplier factories) near Pune uses FIDIC Silver Book or LSTK contracts with specific BOQ requirements: IS 15883 industrial flooring (hardener finish, defined flatness tolerance for forklift operations), crane runway girder BOQ as a separate structural steel section (IS 800), fire suppression systems (NFPA or IS 15105), and process utilities (compressed air, cooling water, electrical distribution) each as separate trade packages.
FIDIC EPC Liquidated Damages for automotive clients are typically 0.1% to 0.2% per day — because commissioning delay directly impacts production start dates and supply chain commitments. On a ₹80 Cr plant contract, each day of delay costs ₹8–16 Lakh. The contractual cap is typically 10–15% of contract value. Schedule Performance Index tracking week by week, from the first month of construction, is the only way to detect trajectory toward LD before it is unavoidable.
PMC and PCMC government works follow Maharashtra PWD Schedule of Rates. PMRDA infrastructure projects (roads, drains, water supply in new township areas) use Maharashtra state SOR. Liquidated Damages: typically 1% per month (≈0.25% per week) capped at 10%.
A practical compliance risk: PMC/PCMC projects are regularly audited by the Maharashtra State Audit and the Comptroller and Auditor General under the CAG Act. Bill of Quantities discrepancies that result in overpayment attract post-audit recovery claims — sometimes raised 2–3 years after project completion. Maintaining accurate BOQ-to-measurement-book reconciliation throughout execution is a compliance requirement, not just financial hygiene.
For larger PMRDA packages (₹20 Cr+), Maharashtra PWD conditions apply fully, including Extension of Time provisions similar to CPWD clause 5 and Liquidated Damages similar to CPWD GCC clause 2.
MahaRERA possession date tracking. PMRDA approval critical-path monitoring. Section 18 interest exposure by month.
FIDIC EPC BOQ from PDF specifications. Daily Liquidated Damages exposure at current Schedule Performance Index. IS 15883 / IS 800 compliant BOQ.
Maharashtra SOR BOQ generation. Measurement-book-to-BOQ reconciliation. Post-audit CAG compliance tracking.
Complex MEP BOQ for IT campuses. Real-time Schedule Performance Index dashboard for corporate clients. Handover milestone management.
20 minutes. We show you Schedule Performance Index on your active Pune projects and MahaRERA Section 18 exposure at current trajectory.