Ashdan Developers Private Limited
MahaRERA Property Intelligence · Pune
P52100031829 · MANJARI KH · promoter Ashdan Developers Private
| MahaRERA registration | P52100031829 |
| Registered on | 12 Nov 2021 |
| Promoter-declared completion | 31 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 5 months to the declared date |
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.
Across MahaRERA, Ashdan Developers Private is the promoter of record on 17 projects, of which none currently 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.
MahaRERA's cost filing puts construction at ~42.4% of the estimated project cost incurred as of the last certificate (₹17.12 Cr spent against a ₹40.41 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. With only ~5 months to the declared date and ~42.4% of the cost incurred, ask the promoter how the balance gets built in the time left.
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.
Of 31 homes filed with MahaRERA, 19 are sold/booked (16 with registered agreements + 3 booked) and 12 remain available (~61% sold) — selling steadily. Buyers have committed ₹102.24 Cr in agreement value so far. Of that, ₹56.53 Cr (~55%) is already collected, ₹45.71 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 19 registered agreements, the effective carpet rate is ₹19,334/sqft (typical range ₹16,881–₹21,550) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Ground/Floor 0 | B1-37 | 3,481 sqft (323.4 sqm) | ₹2.27 Cr |
| Ground/Floor 0 | B1-38 | 3,568 sqft (331.49 sqm) | ₹2.33 Cr |
| Ground/Floor 0 | B2-32 | 3,350 sqft (311.21 sqm) | ₹2.18 Cr |
| Ground/Floor 0 | V1-26 | 2,619 sqft (243.29 sqm) | ₹1.71 Cr |
| Ground/Floor 0 | V1-27 | 2,619 sqft (243.29 sqm) | ₹1.71 Cr |
| Ground/Floor 0 | V1-28 | 2,619 sqft (243.29 sqm) | ₹1.71 Cr |
| Ground/Floor 0 | V1-35 | 2,619 sqft (243.29 sqm) | ₹1.71 Cr |
| Ground/Floor 0 | V1-36 | 2,648 sqft (246.03 sqm) | ₹1.73 Cr |
| Ground/Floor 0 | V2-16 | 2,083 sqft (193.48 sqm) | ₹1.36 Cr |
| Ground/Floor 0 | V2-17 | 2,083 sqft (193.48 sqm) | ₹1.36 Cr |
| Ground/Floor 0 | V2-21 | 1,971 sqft (183.15 sqm) | ₹1.36 Cr |
| Ground/Floor 0 | V2-22 | 2,083 sqft (193.48 sqm) | ₹1.36 Cr |
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.
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+1 and 5 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| TYPE- V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE- V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE- V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE B1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE B1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYP1 B1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE B1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE B1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE B1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE B1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE B1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE B1 | 1 | G+1 | 1 | 30 Jun 2025 |
Unit mix on the filing: 31 residential.
1 complaint is on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12603483 | 06/06/2026 | ASHDAN DEVELOPERS PRIVATE LIMITED vs HAMEED AMEER SAYYAD | pending / no order on file |
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 |
|---|---|---|
| 31 Dec 2025 | 31 Dec 2026 | As per order of the Hon'ble Chairman (MahaRERA) Dated 23/01/2026. we request you kindly to grant us extension till 31/12/2026. |
Located at MANJARI KH, AWHALWADI ROAD, Haveli, Pune, 412307. Per the filed land record, the plot is bounded to the north by GAT NO 136, to the south by GAT NO 149, to the east by GAT NO 154 and to the west by GAT NO 136. 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.
🔒 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.
🔒 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.
Should you buy in VELVET VILLAS PHASE 1?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Ashdan Developers Private Limited is the promoter on 6 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).
See every Ashdan Developers Private Limited project & its RERA track record →
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