Neelanchal Phase I

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.

• QPR non-compliance — flagged by MahaRERA for not filing its mandatory quarterly progress reports.
• Current QPR default — the promoter has stopped filing the mandatory quarterly progress report (FY 2025-2026).

Builder Track Record

Across MahaRERA, Pinnacle Vastunirman Pvt is the promoter of record on 14 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.

Construction Progress

MahaRERA's cost filing puts construction at ~90.1% of the estimated project cost incurred as of the last certificate (₹42.62 Cr spent against a ₹47.31 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 192 homes filed with MahaRERA, 174 are sold/booked and 18 remain available (~91% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹89.75 Cr in agreement value so far. Of that, ₹82.04 Cr (~91%) is already collected, ₹7.63 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 174 registered agreements, the effective carpet rate is ₹6,986/sqft (typical range ₹5,897–₹7,399) — 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:

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+12 and 192 homes are registered across the project.

Unit mix on the filing: 192 residential.

Complaints & Orders

23 complaints are on the MahaRERA record for this project, with orders passed in 23. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Legal & Litigation

The promoter has declared 1 court case on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.

Location, Land & Connectivity

Located at PUNE, SUS, Pune City, Pune, 411021. Per the filed land record, the plot is bounded to the north by By Road, to the south by survey no 20, to the east by Survey no 22 and to the west by odha. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

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

Pinnacle Vastunirman Pvt. Ltd is the promoter on 2 MahaRERA-registered projects, of which 1 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

• Neelanchal Phase I — Not filing quarterly progress reports

Other flagged projects by Pinnacle Vastunirman Pvt. Ltd

Other RERA-registered projects in Bavdhan

Major developers building in Bavdhan

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.