MahaRERA Property Intelligence · Pune

ALTAMIRA BY VTP LUXE PHASE 1

P52100079807 · UBALE NAGAR · promoter Merculus Construwell Private

Certificate SignedDue 31 Jul 2030

Delivery & Registration

MahaRERA registrationP52100079807
Registered on27 Mar 2025
Promoter-declared completion31 Jul 2030
Current statusCertificate Signed
Against today48 months to the declared date

Regulatory Standing

MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.

Builder Track Record

Across MahaRERA, Merculus Construwell Private is the promoter of record on 22 projects, of which 1 carries a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.

Sales & Inventory

Of 479 homes filed with MahaRERA, 338 are sold/booked (301 with registered agreements + 37 booked) and 141 remain available (~71% sold) — selling steadily. Buyers have committed ₹459.08 Cr in agreement value so far. Of that, ₹81.11 Cr (~18%) is already collected, ₹377.97 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 338 registered agreements, the effective carpet rate is ₹12,997/sqft (typical range ₹12,282–₹13,523) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+37 and 479 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
TOWER 21G+37204-
TOWER 31G+37137-
TOWER 41G+37138-

Unit mix on the filing: 479 residential.

Complaints & Orders

5 complaints are on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC1260109227/02/2026Rajat Chaudhary vs MERCULUS CONSTRUWELL PRIVATE LIMITEDpending / no order on file
CC1250198318/06/2025manish borse vs MERCULUS CONSTRUWELL PRIVATE LIMITEDpending / no order on file
CC1260203606/04/2026Rohit Bairagi vs MERCULUS CONSTRUWELL PRIVATE LIMITEDorder passed
CC1260336802/06/2026MERCULUS CONSTRUWELL PRIVATE LIMITED vs HARISCHANDRA DUBEYpending / no order on file
CC1260348606/06/2026MERCULUS CONSTRUWELL PRIVATE LIMITED vs RUBANA BANOpending / no order on file

Location, Land & Connectivity

Located at UBALE NAGAR, PANCHSHIL TOWERS ROAD, Haveli, Pune, 412207. Per the filed land record, the plot is bounded to the north by PHASE-2, to the south by GAT NO 1255 HISSA NO 39, to the east by 15M ROAD and to the west by ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 The verdict & buyer playbook · Compliance report

The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.

Unlock in the ₹999 report →

🔒 Unit-by-unit guidance · Unit Guidance report

Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.

Unlock in the ₹2,999 report →

🔒 Full financial records — escrow, funding & the document catalog · Compliance report

The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.

Unlock in the ₹999 report →

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Altitude
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Altura
declared completion Jun 2023 · Sigma Housing
Altus
declared completion Dec 2023 · Arham Lifespace Realty
Altus Grande
possession by May 2028 · P2gnn Homes LLP

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Pune RERA red-flag register.

Last checked against the RERA register: 27 Jul 2026