MahaRERA Property Intelligence · Pune

Vertical Alcinia Phase I

P52100007827 · Mohammadwadi · promoter Hasthshilp Reality

Certificate SignedDue 29 Dec 2020

Delivery & Registration

MahaRERA registrationP52100007827
Registered on18 Aug 2017
Promoter-declared completion29 Dec 2020
Current statusCertificate Signed
Against todayabout 67 months past 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, Hasthshilp Reality is the promoter of record on 3 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.

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+16.

BuildingWingsFloorsDeclared completion
Shops and Building A1G+16-

Complaints & Orders

2 complaints are on the MahaRERA record for this project, with orders passed in 2. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00500000008524924/02/2021Vishwa Mohan vs Vikram Achal Paleshaorder passed
CC00500000023853522/05/2023SIDHARTH kumar singh vs SUDHIR WADHWANIorder passed

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
29 Dec 202029 Jun 2020The RERA Registration was granted by authority on 18/08/2017. Thereafter we have availed construction finance from Indiaibulls Commercial Credit Limited, Mumbai of Rs. 22,50,00,000

Location, Land & Connectivity

Located at Mohammadwadi, Mohammadwadi, Pune City, Pune, 411028. Per the filed land record, the plot is bounded to the north by By Land Bearing Survey No 12A, to the south by By Road, to the east by By Land Bearing Survey No 11 Gaothan and to the west by By Land Bearing Survey No 12 Mohammedwadi. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~5 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Magarpatta / Hadapsar IT5 km
Pune Junction / city centre8 km
Kharadi / EON IT Park10 km
Pune Int'l Airport (Lohegaon)13 km
Baner–Balewadi belt18 km
Hinjewadi Rajiv Gandhi IT Park24 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

Hasthshilp Reality 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 Hasthshilp Reality

Other RERA-registered projects in Hadapsar

Kumar Parc Residences - A1
possession by Nov 2026 · Kumar Properties Infratech Developers Pv
ARV Royale Phase II
possession by Dec 2026 · Vedant Properties
Amanora Crown Towers
possession by Dec 2026 · City Realty & Development Private Li
Elina Premium
possession by Dec 2026 · Binawat Realty LLP
Freedom High Street
possession by Dec 2026 · Dilip Baburao Tupe
Kohinoor Artize Wing A
possession by Dec 2026 · Shivayogi Kashinath Chikhale

Major developers building in Hadapsar

Other RERA-registered projects in Pune

Vertical Alcinia Phase II
declared completion Oct 2022 · Hasthshilp Reality
Vertical Alcinia Phase III
declared completion Sep 2024 · Hasthshilp Reality
Vertical Oriana Phase I
declared completion Dec 2018 · Vertical Infra
Vertical Oriana Phase II
declared completion Jun 2019 · Vertical Infra
Vertical Oriana Phase III
declared completion Dec 2021 · Vertical Infra
Vertical Oriana Phase IV
declared completion Sep 2023 · Vertical Infra

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