Description

Everra Phase 1 is a newly launched residential project by Honcho Properties Private Limited, located in Phursungi, Pune. The project is spread across approximately 12 acres, with 2 towers and 283 units, and offers spacious 3 and 4 BHK residences.

Everra Phase 1 offers 3 BHK apartments with publicly listed carpet areas of approximately 1,156 sq.ft., 1,275 sq.ft. and 1,413 sq.ft., while the 4 BHK is listed at approximately 1,855 sq.ft. Buyers should verify the exact RERA carpet area of their selected apartment against the registered floor plan.

Everra Phase 1 is registered under MahaRERA No. PR1260002503056 and is currently under construction. The listed possession timeline is December 2031. Since this is a newly launched project, buyers should give priority to RERA documents, sanctioned plans, construction progress, specifications and the complete cost sheet before booking.

Possession: December 2030 (as per RERA)
MahaRERA No.: PM1260002601089

Important Pricing Check

Before booking Everra Phase 1, ask the developer for a complete written cost sheet covering:

• Base agreement value
• Exact RERA carpet area
• GST
• Stamp duty
• Registration
• Floor-rise charges
• Preferred-location charges
• Parking charges
• Infrastructure/development charges
• Electricity and water connection charges
• Maintenance deposit
• Corpus fund
• Clubhouse/amenity charges, if applicable
• Legal/documentation charges
• Any other applicable charges

For Everra Phase 1, compare the final all-inclusive cost per RERA carpet sq.ft. with other 3 and 4 BHK projects in Phursungi, Hadapsar and nearby East Pune locations instead of comparing only the advertised base price.

Explore Locality

Situated in the fast-growing residential locality of Phursungi, Everra Phase 1 is positioned near Bhekrai Nagar and Solapur Road, one of Pune’s emerging residential corridors. Phursungi is gaining popularity among homebuyers for its proximity to employment hubs, improving connectivity and comparatively large residential developments.

1. IT & Business Hubs

Everra Phase 1 provides access to major employment destinations in East Pune:

• SP Infocity IT Park, Phursungi (nearby)
• Magarpatta City IT Park (nearby)
• Kharadi IT Hub & EON IT Park (within the wider East Pune corridor)
• Hadapsar employment corridor

2. Education

Residents of Everra Phase 1 have access to educational institutions in Phursungi, Bhekrai Nagar and Hadapsar.

Nearby options include:

• The Lexicon School, Hadapsar
• BMV School, Bhekrai Nagar
• Candid Pre School
• Schools around Phursungi and Hadapsar
• Savitribai Phule Pune University (within the wider Pune region)

3. Healthcare

Residents of Everra Phase 1 can access healthcare facilities in Phursungi and nearby Hadapsar.

Nearby options include:

• Deogiri Hospital
• Vighnaharta Hospital
• Akshara Maternity Hospital
• Hospitals and clinics in Hadapsar
• Ruby Hall Clinic (within the wider Pune area)

4. Retail & Leisure

Residents of Everra Phase 1 can access daily-needs stores, supermarkets, restaurants and retail establishments around Phursungi and Hadapsar.

For larger shopping and entertainment requirements, buyers can consider:

• Central Mall, Hadapsar
• Amanora Mall
• Seasons Mall
• Retail and lifestyle destinations around Magarpatta
• Dr. Ram Manohar Lohiya Garden

5. Connectivity

Everra Phase 1 benefits from Phursungi’s location along the eastern Pune growth corridor.

Road connectivity is available toward:

• Solapur Road
• Pune-Solapur Highway
• Hadapsar
• Magarpatta
• Manjari
• Kharadi
• Saswad Road

The proposed Pune Ring Road and future connectivity improvements could support long-term accessibility, although buyers should not assume future infrastructure will automatically translate into appreciation.

✅ Positive Aspects

1. Spacious 3 & 4 BHK Homes
   Everra Phase 1 offers 3 and 4 BHK residences with carpet areas ranging from approximately 1,156 to 1,855 sq.ft., providing larger living spaces for families.
2. Large-Scale Development
   Everra Phase 1 is spread across approximately 12 acres with 2 towers and 283 units, offering a larger development format compared with compact standalone projects.
3. Contemporary Homes
   The spacious 3 and 4 BHK configurations at Everra Phase 1 are suited to families looking for larger living, dining, bedroom and storage spaces.
4. Multiple 3 BHK Options
   Everra Phase 1 offers multiple 3 BHK carpet-area options of approximately 1,156 sq.ft., 1,275 sq.ft. and 1,413 sq.ft., giving buyers flexibility based on space and budget.
5. Lifestyle Amenities
   Everra Phase 1 includes amenities such as gymnasium, amphitheatre, cricket pitch, tennis court, reading lounge, open gym, children’s play areas and landscaped spaces.
6. Strategic Location
   Located near Bhekrai Nagar and Solapur Road, Everra Phase 1 provides access toward SP Infocity, Hadapsar, Magarpatta and the wider Kharadi employment corridor.
7. Sustainability Features
   Everra Phase 1 includes features such as rainwater harvesting, water conservation and sewage-treatment infrastructure.
8. Good Connectivity Potential
   The location provides access toward Solapur Road, Pune-Solapur Highway, Hadapsar, Magarpatta, Manjari and Kharadi, supporting connectivity across East Pune.
9. RERA Registered
   Everra Phase 1 is registered under MahaRERA No. PR1260002503056, allowing buyers to verify registered project information before booking.

❌ Considerations

1. Very Long Possession Timeline
   Possession of Everra Phase 1 is listed for December 2031, making it a significant long-term commitment for buyers.
2. Limited Developer Track Record
   Honcho Properties Private Limited appears to have a relatively limited publicly available delivery history compared with established Pune developers. Buyers should independently verify the developer’s past projects and financial standing.
3. High Ticket Size
   The listed pricing of approximately ₹1.51 Cr onwards for 3 BHK and around ₹2.55 Cr for 4 BHK places Everra Phase 1 in a higher-ticket segment of the Phursungi market.
4. Large Configuration Focus
   Everra Phase 1 currently focuses on 3 and 4 BHK residences, limiting options for buyers looking for 1 or 2 BHK homes.
5. Developing Locality Infrastructure
   Phursungi is developing rapidly but still faces infrastructure concerns involving internal roads, traffic, drainage, public transport and ongoing construction activity.
6. Under-Construction Risk
   With possession scheduled for December 2031, Everra Phase 1 carries the normal construction, delivery and surrounding-development risks associated with a long construction period.
7. Peak-Hour Traffic
   Travel toward Hadapsar, Magarpatta, Solapur Road and other employment corridors can become time-consuming during peak office hours.
8. Future Construction Activity
   Because Everra Phase 1 is part of a large development environment, future construction around the project may affect views, noise, traffic and open spaces.
9. Price Premium
   The higher ticket size of Everra Phase 1 should be justified by its larger carpet areas, amenities, specifications, location and overall development quality.

⚠️ Factors to Evaluate

1. Developer Due Diligence
   Verify Honcho Properties Private Limited’s financial standing, legal compliance, previous projects, construction quality and delivery history before booking Everra Phase 1.
2. RERA Verification
   Confirm Everra Phase 1’s MahaRERA registration number PR1260002503056 directly through the MahaRERA portal, including approved plans, timelines, promoter details and registered project information.
3. Project Name Clarification
   The project is also marketed in some listings as Honcho Everra. Confirm the exact official RERA-registered project name before signing any documentation for Everra Phase 1.
4. Carpet Area & Pricing Accuracy
   Cross-check the exact RERA carpet area and final per-sq.ft. pricing for your preferred 3 or 4 BHK, particularly because different listings can show different size and pricing combinations.
5. Possession Timeline
   Get a written, RERA-backed commitment regarding construction milestones leading to the December 2031 possession date.
6. Payment Plan & Booking Terms
   Assess the payment schedule, booking amount, construction-linked payment plan, cancellation terms and refund provisions before committing to Everra Phase 1.
7. Amenities & Maintenance Charges
   Review the complete committed amenity list and understand expected maintenance charges for the large amenity package before purchasing.
8. Connectivity to Workplace
   Evaluate actual commute times from Everra Phase 1 if you work at SP Infocity, Magarpatta, Hadapsar, Kharadi or other East Pune employment hubs.
9. Comparative Market Pricing
   Compare Everra Phase 1 with similar 3 and 4 BHK projects in Phursungi and Hadapsar based on carpet area, pricing, amenities, developer track record and possession timeline.
10. Loan Eligibility
    Confirm bank approvals and loan eligibility for Everra Phase 1 with your preferred lender before paying a substantial booking amount.
11. Site Visit & Construction Progress
    Visit the Everra Phase 1 site personally to assess construction progress, approach roads, surrounding development, traffic, drainage and the actual neighbourhood environment.

Should You Buy

Consider buying if:

• You’re looking for a spacious 3 or 4 BHK home in Phursungi with carpet areas of approximately 1,156–1,855 sq.ft.
• You work in or around SP Infocity, Hadapsar, Magarpatta or Kharadi and want a large-format home in East Pune.
• You prefer a larger development spread across approximately 12 acres.
• You’re comfortable with an under-construction property and a long possession timeline.
• You value larger homes with lifestyle amenities and open spaces.
• You believe in Phursungi’s long-term residential and infrastructure growth.
• The final all-inclusive price is competitive with comparable 3 and 4 BHK projects.
• You’re comfortable with the developer’s track record after completing your due diligence.

Think twice if:

• You need near-term possession.
• You’re not comfortable waiting until December 2031.
• You prefer a smaller 1 or 2 BHK configuration.
• You’re uncomfortable with a newer developer’s limited publicly available delivery history.
• The final price is significantly higher than comparable projects in Phursungi-Hadapsar.
• You need highly developed civic infrastructure immediately around your home.
• You are not comfortable with the construction and delivery risks associated with a long possession timeline.
• You have not verified the project’s RERA documents, exact carpet area and complete cost sheet.

FAQ

1. Who is the developer of Everra Phase 1?

Everra Phase 1 is developed by Honcho Properties Private Limited.

2. Where is Everra Phase 1 located?

Everra Phase 1 is located in Phursungi, Pune, near Bhekrai Nagar and Solapur Road.

3. What configurations are available in Everra Phase 1?

Everra Phase 1 currently offers 3 BHK and 4 BHK apartments.

4. What is the RERA number of Everra Phase 1?

The MahaRERA registration number of Everra Phase 1 is PR1260002503056.

5. What is the possession date of Everra Phase 1?

The listed possession date of Everra Phase 1 is December 2031. Buyers should verify the latest registered completion date on MahaRERA before booking.

6. What is the price of Everra Phase 1?

Current listings indicate 3 BHK prices from approximately ₹1.51 Cr to ₹1.85 Cr, while the 4 BHK is listed at approximately ₹2.55 Cr. Buyers should obtain the latest official cost sheet from the developer.

7. What is the 3 BHK carpet area in Everra Phase 1?

The 3 BHK apartments in Everra Phase 1 are currently listed at approximately 1,156 sq.ft., 1,275 sq.ft. and 1,413 sq.ft. carpet area.

8. What is the 4 BHK carpet area in Everra Phase 1?

The 4 BHK apartment in Everra Phase 1 is currently listed at approximately 1,855 sq.ft. carpet area.

9. How large is the Everra Phase 1 project?

Everra Phase 1 is spread across approximately 12 acres.

10. How many units are there in Everra Phase 1?

Everra Phase 1 is listed with approximately 283 units.

11. How many towers are there in Everra Phase 1?

Everra Phase 1 currently comprises 2 towers.

12. How many floors are there in Everra Phase 1?

The exact sanctioned floor count should be verified from the registered Everra Phase 1 MahaRERA documents and approved building plans before booking.

13. When was Everra Phase 1 launched?

Everra Phase 1 was launched in 2026.

14. Is Everra Phase 1 under construction?

Yes. Everra Phase 1 is currently an under-construction residential project.

15. What amenities are available at Everra Phase 1?

Public listings for Everra Phase 1 mention amenities such as gymnasium, amphitheatre, cricket pitch, tennis court, reading lounge, open gym, children’s play areas, landscaped spaces, rainwater harvesting and sewage-treatment facilities.

16. Is Everra Phase 1 suitable for families?

Everra Phase 1 can be suitable for families looking for larger 3 or 4 BHK homes, with access to schools, healthcare, retail and employment destinations around Phursungi and Hadapsar.

17. Is Everra Phase 1 close to Hadapsar?

Everra Phase 1 is located in Phursungi and provides road connectivity toward Hadapsar. Actual travel time should be checked during peak hours.

18. Is Everra Phase 1 close to Magarpatta?

Everra Phase 1 provides connectivity toward Magarpatta City, making it potentially suitable for professionals working in the Magarpatta employment corridor.

19. Is Everra Phase 1 suitable for first-time buyers?

Everra Phase 1 can be considered by first-time buyers with a higher budget who specifically want a 3 or 4 BHK home. However, the high ticket size and long possession timeline should be carefully evaluated.

20. Is Everra Phase 1 good for investment?

Everra Phase 1 may be considered for long-term investment due to its location and large-format residences, but buyers should evaluate the purchase price, rental demand, competing supply, possession timeline and future infrastructure before investing.

21. What is the biggest advantage of Everra Phase 1?

The major advantages of Everra Phase 1 are its large 12-acre development, spacious 3 and 4 BHK residences, lifestyle amenities and location with access toward Phursungi, Hadapsar, Magarpatta and other East Pune employment corridors.

22. What is the biggest concern about Everra Phase 1?

The key concerns for Everra Phase 1 buyers are the long December 2031 possession timeline, newer developer track record, high ticket size, under-construction risk and developing infrastructure in Phursungi.

23. Is Everra Phase 1 better for end use or investment?

Everra Phase 1 can work for both end use and long-term investment, but it is better suited to buyers who can hold the property for several years and are comfortable with the December 2031 possession timeline.

24. Should I compare Everra Phase 1 with other Phursungi projects?

Yes. Buyers should compare Everra Phase 1 with other 3 and 4 BHK projects in Phursungi, Hadapsar and nearby East Pune locations based on:

• RERA carpet-area price
• Total acquisition cost
• Possession timeline
• Developer track record
• Floor-plan efficiency
• Amenities
• Parking
• Water supply
• Drainage
• Maintenance cost
• Connectivity
• Rental demand
• Resale potential

25. What should I verify before booking Everra Phase 1?

Before booking Everra Phase 1, verify the MahaRERA registration, exact carpet area, sanctioned floor plan, completion date, complete cost sheet, parking, water source, drainage, amenities, fire safety, title documents and Agreement for Sale.

26. Are the homes in Everra Phase 1 spacious?

Yes. The listed 1,156–1,855 sq.ft. carpet areas make the 3 and 4 BHK residences in Everra Phase 1 relatively spacious compared with compact apartment configurations. Buyers should still inspect the actual floor plan and room dimensions before deciding.

27. Does Everra Phase 1 have 3 BHK options?

Yes. Everra Phase 1 offers 3 BHK apartments with publicly listed carpet areas of approximately 1,156 sq.ft., 1,275 sq.ft. and 1,413 sq.ft.

28. What is the final buying approach for Everra Phase 1?

Treat Everra Phase 1 as a large-format, under-construction residential project requiring detailed due diligence. First verify the MahaRERA documents and exact carpet area, obtain the complete all-inclusive cost sheet, inspect the site and approach roads, check water and drainage conditions, evaluate the floor plan and apartment orientation, and compare the final ₹/RERA carpet sq.ft. with competing 3 and 4 BHK projects in Phursungi, Hadapsar and nearby East Pune.