RERA

Shriram The Spectrum Obtains Maharashtra RERA Registration (P52100080066)

Shriram The Spectrum Secures Maharashtra RERA Registration

Shriram The Spectrum in Undri, Pune, has obtained RERA approval under registration number P52100080066, marking regulatory clearance for the mixed-use residential development. The registration satisfies Maharashtra Real Estate Regulatory Authority requirements and establishes legal transparency for the project ahead of sales and construction phases.

Project Scope and Configuration

The development spans 16 acres and consists of four high-rise residential towers up to G+22 floors. The towers will house premium apartments in 2 and 3 BHK configurations, with interior specifications emphasizing natural lighting, ventilation, and Vastu-aligned layouts. Unit sizes range from approximately 730 sq ft for 2-bedroom units to 1100 sq ft for 3-bedroom apartments.

The project targets a possession date in 2035, as per RERA filings, with construction underway in phases. As of May 2026, 83 residential transactions have been registered for Shriram The Spectrum, totaling approximately ₹59 crore in transaction value.

Location and Connectivity

Undri is a fast-emerging residential locality known for its calm residential ambience, excellent connectivity, and growing social infrastructure, with a range of housing options and close proximity to major employment hubs. The area benefits from growth in offices in Hadapsar, Phursungi, NIBM Road, Wanowrie and MG Road, and proximity to Magarpatta and SP Infocity IT hubs.

NH-65, Hadapsar Road, NIBM Road, and Kondhwa Road connect Undri to the rest of the city. Undri enjoys excellent connectivity to Pune International Airport, which is located at a driving distance of 16.8 km.

Amenities and Community Features

The project features 4 towers of 22 storeys each, with thoughtfully curated amenities including 2 two-storey clubhouses, swimming pool, mini theatre, squash court, creche, party lawn, jogging track, co-working pods, indoor games, basketball court, library, and children's play area, offering over 40+ lifestyle amenities.

Additional features include landscaped gardens, dedicated parking facilities, power backup, water storage, and comprehensive waste management systems. Each apartment includes branded fixtures, modular kitchen layouts, and interiors designed for efficient use of space.

Market Performance and Developer Background

During Q4 2025, average property prices for Shriram The Spectrum moved from ₹8,650/sqft to ₹10,200/sqft, reflecting a 17.92% rise. This appreciation reflects growing demand in the micro-market and the project's reception among homebuyers.

Shriram Properties has delivered 51 projects spanning over 31.5 million square feet of built space, primarily in Bengaluru and Chennai. The company has announced a large-scale residential project in Pune's Hinjewadi through a joint development agreement, spanning 0.7 million sq ft of built-up area and including residential apartments alongside retail and commercial spaces. This expansion reflects the developer's broader investment in Pune's residential market across multiple micro-locations.

The RERA registration of Shriram The Spectrum underscores the project's compliance with regulatory standards and provides investors and homebuyers with formal oversight mechanisms through Maharashtra's regulatory framework.

Related: SHRIRAM THE SPECTRUM

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