Under Construction Possession from Mar'28 RERA P50500023874Authorised channel partner

Vivek

by RL Infraventure

135 Pandey Layout, Pandey Layout, Nagpurshow on map

Builder price

₹ 62.69 L – ₹ 83.56 L

₹6,550/sq.ft · base price only

Configuration
2 BHK,3 BHK
Carpet area
709 – 945 sq ft
Possession status
Mar'28
Avg. price
₹6,550/sq.ft

Overview

Everything RL Infraventure has filed for Vivek.

Possession starts
1 Mar 2028
Status
Under Construction
Total area
0.22 acres
Total units
35
Launch date
1 May 2026
Floors
7
Availability
11 of 35 available
RERA ID
P50500023874

Vivek is a 2 BHK and 3 BHK residential project in Pandey Layout, Nagpur, developed by RL Infraventure. The project offers 35 units across 7 floors with carpet areas from 709 to 945 sq ft.

Salient features

  • 35 homes only — a deliberately small building
  • 1,350 sq.ft. per home
  • Plot area 9,600 sq.ft.
  • Built and handed over by the promoter directly

Specifications

Flooring

Living / Dining
Vitrified Tiles
Master Bedroom
Vitrified Tiles
Other Bedrooms
Vitrified Tiles
Kitchen
Vitrified Tiles
Toilets
Anti-skid Tiles

Fittings

Toilets
Branded CP fittings and sanitary ware
Kitchen
Granite platform with stainless steel sink
Electrical
Concealed copper wiring, modular switches

Doors & Windows

Main Door
Teak wood frame with polished shutter
Internal Doors
Flush doors with laminate finish
Windows
Powder-coated aluminium sliding

11 of 35 homes still available

69% taken

  • 19 booked or registered
  • 5 held or blocked
  • 11 available

Floor 2 is the tightest — 1 of 5 homes left on it.

Floor plans

Carpet, built-up and super area for every layout the developer has released.

Layout drawing available on request — the developer shares it after a callback.

2BHK+2T

2 BHK

Few left
Carpet
709 sq ft
Built-up
837 sq ft
Super
957 sq ft
  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Hall
  • 2 Balconies

Builder price

₹ 62.69 L

₹ 6,551 / sq ft on super area

5 of 18 homes of this type unsold

What you will actually pay

The headline price is Basic Sale Price alone. This is every line item on top of it.

Unit type
3 of 7

Floor rise of ₹25/sq.ft applies above the 3rd floor.

Agreement value 84%Other charges 6%Statutory & taxes 10%

Agreement value

What goes on the sale agreement
Basic Sale Price₹6,550/sq.ft × 957 sq ft
₹ 62,68,350
Preferential Location ChargePark / corner facing
₹ 2,06,712
Agreement value subtotal₹ 64,75,062

Other charges

Billed by the developer alongside the flat
Car parkingOne covered bay
₹ 2,50,000
Club membershipOne-time
₹ 50,000
IFMSRefundable maintenance security
₹ 38,280
EDC / IDCStatutory development charges
₹ 57,420
Power backup
₹ 80,000
Other charges subtotal₹ 4,75,700

Statutory & taxes

Paid to the government, not the builder
GST5% on agreement value
₹ 3,23,753
Stamp duty6%
₹ 3,88,504
Registration1%
₹ 64,751
Statutory & taxes subtotal₹ 7,77,008

All-in cost · 2BHK+2T · floor 3

₹ 77,27,770

₹ 77.28 L · ₹ 8,075 per sq ft all-in on 957 sq ft

The headline price of ₹ 62.68 L is Basic Sale Price alone. You will pay ₹ 14,59,420 more (+23%) once charges, GST, stamp duty and registration are counted.

Computed from price sheet v1, which covers every configuration here, effective 1 Sept 2026. Stamp duty 6% and registration 1% are state rates and can change. Home-loan processing fees and interiors are not included.

Is the asking price in line?

Our own read on what this home is worth, built from the agreement values of bookings we brokered in Pandey Layout — not from the developer's price list. Where it disagrees with the price above, that gap is the conversation to have.

Estimated value

Vivek · 2BHK+2T

Estimate·heuristic-v1·36% confident

₹ 44.85 L ₹ 64.55 L

Midpoint ₹ 54.7 L at ₹5,716/sq.ft · band is ±18%

₹ 44.85 L₹ 64.55 L
Low confidence36%

Why this number

Base rate ₹6,090/sq.ftno booked comps in Pandey Layout yet — this rests on the project and locality rates alone.

  • Under constructionConstruction risk is priced into under-construction stock-3% (₹ 1.75 L)
  • Developer has 12 completed projectsDelivery track record carries a real premium in primary sales+4% (₹ 2.33 L)
  • 9 amenitiesAgainst a 12-amenity baseline for the segment-0.75% (₹ 43,711)
  • Possession Mar'2818 months out — money has a time value and construction has a risk-6.26% (₹ 3.65 L)

This is an automated estimate, not a valuation. It is not a bank valuation, not an offer, and it has no legal standing.There are no booked comparables in this locality yet, so this rests on published rates alone. Treat the range as wide.New-construction and unique stock is where every AVM is weakest, including the ones with a decade of data behind them.

Pandey Layout price trend

Twelve quarters of locality rates, with this project's own rate drawn across them.

Pandey Layout now
₹5,400/sq.ft
Q3 2026 average · 29 registered transactions
Last 12 months
+5.6%
Q3 2025 → Q3 2026, locality average
Vivek base rate
₹6,550/sq.ft
Developer's price list — Basic Sale Price alone, 21.3% above the locality average
All-in, per sq ft
₹8,075/sq.ft
2BHK+2T on floor 3, with charges, GST, stamp duty and registration — +49.5% against the locality average
Pandey Layout average, ₹ per sq ftVivek base rate, ₹6,550/sq.ftAll-in for the 2BHK+2T, ₹8,075/sq.ft

Pandey Layout has moved from ₹4,602/sq.ft in Q4 2023 to ₹5,400/sq.ft in Q3 2026 +17.3% over 11 quarters, an annualised +6.0%. The most recent quarter alone moved +1.8%. Vivek is asking ₹6,550/sq.ft, 21.3% above that average — worth asking the developer what the premium buys. The number to hold against the locality average is the lower dashed line, though: ₹8,075/sq.ft all-in for the 2BHK+2T once charges, GST, stamp duty and registration are counted — +49.5% against what the locality actually transacts at.

Locality averages are the mean rate across registered transactions we can see in Pandey Layout each quarter — every configuration and every developer, not this project. A project rate above or below the average is normal; it is the size of the gap that is worth a question.

Amenities

Only what the developer has committed to in the agreement or the RERA filing.

  • Video Door Security
  • Visitor Parking
  • Solar Panels
  • Rain Water Harvesting
  • Terrace Garden
  • 24X7 Water Supply
  • Vaastu Compliant
  • 24 X 7 Security
  • Car Parking

Home loan

Same EMI maths our lender desk uses when it sizes your sanction.

Which home are you costing?

At this loan amount your own contribution is ₹ 12,53,867 before charges and stamp duty.

₹ 50,15,466
₹ 10 L₹ 10 Cr
20 years
5 y30 y
8.50%
7%15%

Monthly EMI

₹ 43,525

Principal
₹ 50,15,466
Total interest
₹ 54,30,534
Total payable
₹ 1,04,46,000
Apply for home loan

Indicative only. Our lender desk compares sanctioned rates across the banks that have approved Vivek.

Lenders who have already approved this project

An APF number means the bank has cleared the title and approvals once, for everybody — so your file moves in days, not weeks.

3 lenders have pre-approved Vivek

Best published LTV 80%

  • PNB Housing FinanceAPF APF/23993/2023Up to 80% of agreement value9 Dec 2024
  • Axis BankAPF APF/24541/2024Up to 75% of agreement value19 May 2024
  • IDFC First BankAPF APF/29891/2022Up to 75% of agreement value27 Mar 2024

An APF number means the lender has already cleared the developer's title and approvals for the whole project, so your file skips the legal and technical review and turns on your income alone. You are not obliged to borrow from any of these banks — a lender without an APF here can still fund you, it will just take longer. Max LTV is the ceiling on the agreement value, not on the all-in cost, and stamp duty, registration and GST are never funded.

Compare rates and check what you would be sanctioned

Payment plans

What is due, when, and how much of it in rupees.

Construction LinkedDeveloper default8 milestones
Amounts for

Schedule computed on ₹ 62,69,333

MilestoneShareAmountCumulative
0On bookingOn booking
10%₹ 6,26,93310% · ₹ 6.27 L
1Within 45 days of bookingDate linked
15%₹ 9,40,40025% · ₹ 15.67 L
2On completion of foundationConstruction stage
10%₹ 6,26,93335% · ₹ 21.94 L
3On completion of 3rd slabConstruction stage
10%₹ 6,26,93345% · ₹ 28.21 L
4On completion of 7th slabConstruction stage
10%₹ 6,26,93355% · ₹ 34.48 L
5On completion of brickworkConstruction stage
15%₹ 9,40,40070% · ₹ 43.89 L
6On completion of flooringConstruction stage
15%₹ 9,40,40085% · ₹ 53.29 L
7On offer of possessionOn possession
15%₹ 9,40,400100% · ₹ 62.69 L
Total100%₹ 62,69,333

Milestone amounts are on the agreement value only. GST, stamp duty, registration and the one-time charges in the cost sheet above are billed separately, mostly at agreement and at possession.

Neighbourhood

What is within reach of Pandey Layout.

1 of these are announced but not yet operational — we mark them so a brochure promise can't read as something you can use today.

  • Bus Terminus, Pandey Layout

    2.1 km · 5 min drive · 3.9★

  • Metro Station, Pandey Layout

    5.8 km · 15 min drive · 3.9★

    Upcoming
Know more about Pandey Layout

Construction progress

Photographed and rated by our field team, not the developer.

Latest verified progress · 63d ago

75%

Handover committed for Mar'28. Percentages are our site engineer's assessment, not the developer's marketing figure.

  1. 1 Jul 2026

    3rd slab cast

    Progress verified on site by the Just Prop field team.

    75% complete at this visit

    3rd slab cast — site photograph
  2. 1 May 2026

    Foundation raft poured

    Progress verified on site by the Just Prop field team.

    50% complete at this visit

    Foundation raft poured — site photograph
  3. 1 Mar 2026

    Excavation complete

    Progress verified on site by the Just Prop field team.

    25% complete at this visit

    Excavation complete — site photograph

Ratings & reviews

From buyers and visitors. Bookings we can see are marked verified.

4.5

2 reviews · 1 verified

  • 51
  • 41
  • 30
  • 20
  • 10

Bought or visited Vivek?

Sign in to write a review
  • V

    Vikram Joshi

    1 Sept 2026

    Good value for the micro-market

    Location is the real value here. Everything we need is inside a two-kilometre radius, and that has not changed in the five years we have lived here.

  • F

    Farhan Qureshi Verified buyer

    1 Sept 2026

    Good value for the micro-market

    Construction quality is genuinely good — we checked the slab work ourselves during a site visit. Handover slipped by about two months but the builder kept us informed.

Instant answers from the record

Machine-read, drawn only from what the developer has filed. It cites the field it read and refuses when the answer is not there.

Ask about Vivek

Answered only from the developer's filed record — price sheet, payment plan, specifications, RERA and the stored distances. If it is not on file, you get told that instead of a guess.

Answers from the record·heuristic-v1

Questions & answers

Judgement calls, opinions and anything not on the record — answered in public by the advisor who covers this project, usually within a working day.

1 of 1 answered by our advisors. We publish the unanswered ones too.

  • Is the quoted price inclusive of car parking and club charges?

    Rohit Deshmukh · 1 Sept 2026

    No — the headline price is the basic sale price. Parking, club, IFMS and statutory charges are itemised in the full cost sheet on this page.

    Just Prop Advisory · 1 Sept 2026

Ask a question

Answered by the advisor who covers Vivek, and published here for the next buyer.

Brochure & documents

The developer's own material, plus the papers we hold on file.

Vivek Brochure

The developer's own PDF — master plan, floor plates, specifications and the amenity list, exactly as issued.

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About RL Infraventure

RL Infraventure

Owner-run developer · Ramdaspeth, Nagpur · RERA promoter P50500012345

Years building
18Since 2008
Total projects
3012 delivered
Ongoing
18Under construction

A Nagpur builder with a deliberately small book — six to twelve homes per project, built one at a time on plots inside the city rather than on its edge. Thirty completed and ongoing addresses across Ramdaspeth, Shankar Nagar, Pratap Nagar and Lendra Park. The entire operation, from land acquisition to handover, is run by one person, which is why every project here is priced, tracked and sold from a single screen.

Similar projects

Matched on locality, budget, configuration and possession window — not locality alone.

₹ 62.69 L – ₹ 83.56 L

Callback in 5 min · 2 BHK,3 BHK