The completion date of the Mahindra Ivylush is 30 Aug 2030. The construction of the development will start in March 2025; the project has already been launched and has started giving allotments from 8 Feb 2025. The completion time promised by the group takes 6 years, as per the Maha RERA. Until that potential buyers can make a worthy investment, getting the best pre-launch and ongoing project offers.
Mahindra Ivylush is a new elegant apartment project by Mahindra Life Space Group, launched in February 2025 in Kharadi, an annex of Pune. It covers a total area of 5.5 acres, with 5 tall towers of B+G+32 floors, with a configuration of 2, 3, and 4 BHK majestic flats. The size of the flats starts from 769 sq ft to 1,600 sq ft, with a price range of ₹0.93 lakh to ₹2.07 crore.
The completion date of the apartment project is the date on which the project is fully developed and all set for possession and occupied by the residents. The completion date states the end of the project construction; within a few days, the group will allow the residents to live. The completion date is also meant for the completion of all the additional features, like amenities, clubhouses, and every development of the project.
Once the completion day arrives, which is 31 Aug 2031, the group will collect the occupancy certification and get the major and minor approvals from the PMC and PMRDA authorities of Pune. They will also get an NOC to show the project is free from litigation and other complications. Once the project is done, the company will develop the gated development and tighten the security system with qualified security personnel. Within a month, the Mahindra Life Pace group will allow the buyers to possess the project once the completion date is crossed.
In Pune, as per the Maha RERA, the real estate must complete the project within the given date approved by the RERA board. If the group is not able to complete and delays the completion date, the buyer and the investor are allowed to raise a complaint. Also, the group has to give a certain percentage of money as compensation to the buyer, although someone can have the right to cancel the booking and get a complete refund of the payment.
The project is currently in a pre-launch stage but started giving allotments for the residents on 8 Feb 2025. The group will start the construction in March 2025, with the basement and excavation process fixed for the completion date of 31 Aug 2030.
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