MahaRERA Property Intelligence · Pune

VNSVL Shubh Nirvana Phase 1

P52100031263 · Viman Nagar · promoter Viman Nagar Shubh

Certificate SignedDue 31 Dec 2025

Delivery & Registration

MahaRERA registrationP52100031263
Registered on15 Oct 2021
Promoter-declared completion31 Dec 2025
Current statusCertificate Signed
Against todayabout 7 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, Viman Nagar Shubh is the promoter of record on 6 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 ~88.3% of the estimated project cost incurred as of the last certificate (₹128.09 Cr spent against a ₹145.00 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. The declared completion date has already passed while the cost-incurred filing sits at ~88.3% — a wide gap between the promise and the money actually spent on site.

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 158 homes filed with MahaRERA, 150 are sold/booked and 8 remain available (~95% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹243.74 Cr in agreement value so far. Of that, ₹188.56 Cr (~77%) is already collected, ₹46.18 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 150 registered agreements, the effective carpet rate is ₹12,922/sqft (typical range ₹12,224–₹15,775) — 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 1C01031,029 sqft (95.6 sqm)₹81.49 Lakh
Floor 1C01041,029 sqft (95.6 sqm)₹81.49 Lakh
Floor 2C02031,029 sqft (95.6 sqm)₹81.49 Lakh
Floor 3C03031,029 sqft (95.6 sqm)₹81.49 Lakh
Floor 4C04041,029 sqft (95.6 sqm)₹81.49 Lakh
Ground/Floor 0B00011,498 sqft (139.18 sqm)₹1.19 Cr
Ground/Floor 0C00031,029 sqft (95.6 sqm)₹81.49 Lakh
Ground/Floor 0C00041,029 sqft (95.6 sqm)₹81.49 Lakh

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+11 and 158 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Wing A1G+115931 Dec 2025
Wing B1G+114431 Dec 2025
Wing C1G+115531 Dec 2025

Unit mix on the filing: 146 residential and 12 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.

Location, Land & Connectivity

Located at Viman Nagar, Viman Nagar, Pune City, Pune, 411047. Per the filed land record, the plot is bounded to the north by 20 Mtr Wide Internal Road, to the south by S No 228, to the east by Plot No 5 CTS No 218 Part and to the west by Adj S No 227 Part. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~3 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Pune Int'l Airport (Lohegaon)2 km
Kharadi / EON IT Park3 km
Magarpatta / Hadapsar IT5 km
Pune Junction / city centre6 km
Baner–Balewadi belt15 km
Hinjewadi Rajiv Gandhi IT Park19 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

Viman Nagar Shubh Ventures LLP is the promoter on 6 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:

See every Viman Nagar Shubh Ventures LLP project & its RERA track record →

Other flagged projects by Viman Nagar Shubh Ventures LLP

Viman Nagar Shubh Ventures LLP
FlaggedPune
Viman Nagar Shubh Ventures LLP
Deregistered by MahaRERAPune
Viman Nagar Shubh Ventures LLP
FlaggedPune
Viman Nagar Shubh Ventures LLP
FlaggedPune
Viman Nagar Shubh Ventures LLP
FlaggedPune

Other RERA-registered projects in Lohegaon

Nivasa Enchante Phase 2
possession by Aug 2026 · Nivasa Associates
Aayush Exotica
possession by Sep 2026 · Aayush Properties
Chandan Heritage
possession by Sep 2026 · City Developers
Youthika
possession by Oct 2026 · Krushnarang Group
Easterlia
possession by Dec 2026 · Spacemint Realty LLP
Pankaj Aasmaan Phase V
possession by Dec 2026 · Pankaj Developers

Major developers building in Lohegaon

Other RERA-registered projects in Pune

Vnsvl Shubh Nirvana - Phase II
declared completion Jun 2026 · Viman Nagar Shubh Ventures LLP
Vnsvl Shubh Nirvana Phase III
possession by Dec 2026 · Viman Nagar Shubh Ventures LLP
Vnsvl Shubh Nirvana Phase IV
possession by Jun 2027 · Viman Nagar Shubh Ventures LLP
Vogue 25
possession by Oct 2026 · Goodbrick Realty Private Limited
Voski Emerald
declared completion Dec 2018 · Voski Group
Voski Emerald II
declared completion Dec 2024 · Voski Group

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