MahaRERA Property Intelligence · Pune

VASTUSHREE PHASE-1

P52100077481 · SOPANKAKA BAGAR · promoter Vastu Construction

Certificate SignedDue 15 Aug 2026

Delivery & Registration

MahaRERA registrationP52100077481
Registered on16 Aug 2024
Promoter-declared completion15 Aug 2026
Current statusCertificate Signed
Against today1 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.

Construction Progress

MahaRERA's cost filing puts construction at ~54.7% of the estimated project cost incurred as of the last certificate (₹6.49 Cr spent against a ₹11.87 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 58 homes filed with MahaRERA, 26 are sold/booked (22 with registered agreements + 4 booked) and 32 remain available (~45% sold) — selling steadily. Buyers have committed ₹12.11 Cr in agreement value so far. Of that, ₹7.53 Cr (~62%) is already collected, ₹4.57 Cr receivable — a read on how far along these sales really are. Note: the project registers 62 homes in total, but this sold/unsold inventory filing covers only 58 of them — the other 4 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 26 registered agreements, the effective carpet rate is ₹7,308/sqft (typical range ₹5,412–₹8,112) — 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:

FloorUnitCarpetReckoner value
Floor 111103592 sqft (54.97 sqm)₹28.23 Lakh
Floor 111105705 sqft (65.54 sqm)₹38.91 Lakh
Floor 111106705 sqft (65.54 sqm)₹34.12 Lakh
Floor 2203515 sqft (47.86 sqm)₹27.88 Lakh
Floor 2204515 sqft (47.86 sqm)₹27.88 Lakh
Floor 2205704 sqft (65.45 sqm)₹38.91 Lakh
Floor 3303515 sqft (47.86 sqm)₹27.88 Lakh
Floor 3304515 sqft (47.86 sqm)₹27.88 Lakh
Floor 3305704 sqft (65.45 sqm)₹38.91 Lakh
Floor 4403515 sqft (47.86 sqm)₹27.88 Lakh
Floor 4404515 sqft (47.86 sqm)₹27.88 Lakh
Floor 4405704 sqft (65.45 sqm)₹38.91 Lakh
Floor 5503515 sqft (47.86 sqm)₹27.88 Lakh
Floor 5504515 sqft (47.86 sqm)₹27.88 Lakh
Floor 5505704 sqft (65.45 sqm)₹38.91 Lakh
Floor 6602741 sqft (68.85 sqm)₹40.66 Lakh
Floor 6603515 sqft (47.86 sqm)₹27.88 Lakh
Floor 6604515 sqft (47.86 sqm)₹27.88 Lakh
Floor 6605705 sqft (65.54 sqm)₹38.91 Lakh
Floor 6606705 sqft (65.54 sqm)₹38.91 Lakh
Floor 7702741 sqft (68.85 sqm)₹40.66 Lakh
Floor 7703515 sqft (47.86 sqm)₹27.88 Lakh
Floor 7705705 sqft (65.54 sqm)₹38.91 Lakh
Floor 8805705 sqft (65.54 sqm)₹38.91 Lakh
Floor 9902738 sqft (68.54 sqm)₹40.66 Lakh
Floor 9903515 sqft (47.86 sqm)₹27.88 Lakh
Floor 9904515 sqft (47.86 sqm)₹27.88 Lakh
Floor 9905705 sqft (65.54 sqm)₹38.91 Lakh
Lower GroundSHOP NO-10528 sqft (49.05 sqm)₹25.19 Lakh
Upper GroundOFFICE NO-11,409 sqft (130.92 sqm)₹67.23 Lakh
Upper GroundOFFICE NO-2566 sqft (52.62 sqm)₹27.02 Lakh
Upper GroundOFFICE NO-31,409 sqft (130.92 sqm)₹67.23 Lakh

⚠ The inventory filing also declares: 4 not for sale. 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+10 and 62 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
VASTUSHREE PHASE-11G+106215 Aug 2025

Unit mix on the filing: 57 residential and 5 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

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.

From (declared)To (revised)Stated reason
15 Aug 202515 Aug 2026Due to delays caused by material shortages, labor shortages, and insufficient funding, the project has been delayed. However, with the funding now available, we kindly request an e

Location, Land & Connectivity

Located at SOPANKAKA BAGAR, GUJARWADI ROAD, Pune City, Pune, 411046. Per the filed land record, the plot is bounded to the north by 15 FT WIDER ROAD, to the south by 45 FT WIDER ROAD, to the east by PROPERTY OF MR RANGRAO SAWARE and to the west by PROPERTY OF MR NARAYAN NIMBALKAR. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~11 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Pune Junction / city centre10 km
Magarpatta / Hadapsar IT11 km
Kharadi / EON IT Park15 km
Baner–Balewadi belt17 km
Pune Int'l Airport (Lohegaon)17 km
Hinjewadi Rajiv Gandhi IT Park22 km

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.

🔒 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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Builder track record

Vastu Construction 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 Vastu Construction

Other RERA-registered projects in Katraj

Aishwarya Heights
possession by Jul 2026 · Shree Sadguru Construction
Basil Chandrakant
possession by Jul 2026 · Shree Sadguru Developers
Capella
possession by Aug 2026 · D K Realties
Divya Elite
possession by Aug 2026 · RRS Infracon LLP
Yogamrut
Not filing quarterly progress reports · possession by Aug 2026 · Jay Ganesh Buildcon
MBM Orbit
possession by Sep 2026 · SAI Sankalp Developers

Major developers building in Katraj

Other RERA-registered projects in Pune

Vastushri
declared completion Dec 2021 · Benkar Properties
Vastuvaibhav
declared completion Dec 2021 · Maheshdada Devlopers
Vasudevsmruti
declared completion Sep 2020 · Lagoo Apte
Vasundhara
declared completion Mar 2022 · Riddhi Siddhi Developers
Vasundhara
declared completion Jun 2024 · Greystone Venture
Vasundhara
possession by Dec 2026 · Dake-Ranjekar JV

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