Pharande Spaces
Est. 1993 · Pune (PCMC), Maharashtra · Privately held · Pune
🗓Published·Updated·Edited by Rakesh Mahajan
Company overview
Who is Pharande Spaces?
PCMC's dominant premium builder (Puneville, Woodsville, L-Axis) riding the Hinjewadi–PCMC corridor.
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Completed projects (not disclosed)
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Sq ft delivered (not disclosed)
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Ongoing projects (not disclosed)
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Upcoming projects (not disclosed)
Our ratings
Builder Score Card
We have published one overall judgement for Pharande Spaces rather than five separate assessments. The dimensions below are derived from it, and are shown for comparison only.
On-time delivery: Not publicly documented — ask for the delivery history of the developer's last three projects.
At a glance
Pharande Spaces in Numbers
Pharande Spaces is a privately held developer founded in 1993, headquartered in Pune (PCMC), Maharashtra, active mainly in Pune. We rate it 3.5/5 overall — mixed — which ranks 114th of the 212 developers we profile and ahead of 44% of them.
Benchmarking
How Pharande Spaces Compares
Each rating against all 212 developers we profile and the 15 in Pune.
| Rating | Pharande Spaces | Pune average | Better than |
|---|---|---|---|
| Construction quality | 3.4/5 | 3.6/5 | 43% of developers |
| Delivery record | 3.3/5 | 3.5/5 | 45% of developers |
| Customer satisfaction | 3.3/5 | 3.6/5 | 44% of developers |
| Financial strength | 3.2/5 | 3.4/5 | 44% of developers |
| Trust | 3.5/5 | 3.8/5 | 44% of developers |
Where a builder has not been separately assessed on a dimension, the figure shown is derived from its overall rating. It is a like-for-like comparison, not five independent judgements.
Buyer guidance
Should You Buy a Pharande Spaces Project?
Pharande Spaces carries more risk than most developers we rate. If you are considering one of its projects, favour completed or nearly completed towers, check its debt and cash flow, or credit ratings and company filings if it is privately held, confirm the project's escrow account and RERA progress, and avoid large upfront payments.
Check before you book
- RERA registration and quarterly progress for the exact project and tower you are buying.
- Credit ratings and company filings, because Pharande Spaces is privately held and does not publish audited results.
- That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
- Financial strength: check its debt and cash flow, or credit ratings and company filings if it is privately held.
The bottom line
Our Verdict
The PCMC thesis is sound and Pharande executes it adequately; spec is mid-premium.
Portfolio
Notable Projects
Key Pharande Spaces projects as the builder publishes them. None has a PropertyNivesh research page yet.
Questions
Pharande Spaces: FAQs
Is Pharande Spaces a good builder? ＋
We rate Pharande Spaces 3.5/5 overall — mixed. The PCMC thesis is sound and Pharande executes it adequately; spec is mid-premium.
Is Pharande Spaces a listed company? ＋
No. Pharande Spaces is privately held, so detailed financials are not published; check credit ratings and company filings where available.
Does Pharande Spaces deliver on time? ＋
Pharande Spaces has not published an on-time delivery figure we could verify — ask for the delivery history of its last three projects.
How many projects has Pharande Spaces completed? ＋
Pharande Spaces has not published a completed-project count that we could verify.