ARV Royale Phase II

Delivery & Registration

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.

• Filing progress reports — 32 quarterly progress reports on record since registration, with no current default.

Builder Track Record

Across MahaRERA, Vedant Properties is the promoter of record on 79 projects, of which 6 carry 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.

Construction Progress

MahaRERA's cost filing puts construction at ~100.0% of the estimated project cost incurred as of the last certificate (₹32.79 Cr spent against a ₹32.79 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.

Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.

Sales & Inventory

Of 134 homes filed with MahaRERA, 108 are sold/booked (101 with registered agreements + 7 booked) and 26 remain available (~81% sold) — selling steadily. Buyers have committed ₹47.28 Cr in agreement value so far. Of that, ₹46.41 Cr (~98%) is already collected, ₹86.90 Lakh receivable — a read on how far along these sales really are. Note: the project registers 234 homes in total, but this sold/unsold inventory filing covers only 134 of them — the other 100 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 108 registered agreements, the effective carpet rate is ₹7,390/sqft (typical range ₹6,311–₹10,048) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:

⚠ The inventory filing also declares: 100 owner/investor-held. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+15 and 234 homes are registered across the project.

Unit mix on the filing: 152 residential and 82 non-residential (shops/offices).

Complaints & Orders

1 complaint is 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.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.

Location, Land & Connectivity

Located at HADAPSAR, HANDEWADI ROAD, NEAR JSPM COLLEGE, Pune City, Pune, 411028. Per the filed land record, the plot is bounded to the north by S NO 64 AND ROAD, to the south by S NO 63 P, to the east by NALA OR AMENITY AREA and to the west by PODIUM OR 24M ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~39 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

Builder track record

Vedant Properties is the promoter on 3 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by Vedant Properties

Other RERA-registered projects in Hadapsar

Major developers building in Hadapsar

Other RERA-registered projects in Pune

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.