Pune/Project record

MahaRERA · the public record

VTP Aethereus phase2

Mhalunge · HOME RISING CONSTRUCTION LLP

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3units filed as unsoldInventory · 17 September 2026
30 Dec 2025declared completionMahaRERA registration · read 12 Jul 2026
476registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

30 Dec 2025

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P52100028131

Delivery and registration

When is the project declared for completion?

VTP Aethereus phase2 is registered with MahaRERA as P52100028131 and the promoter has declared completion for 30 Dec 2025.

30 Dec 2025

declared completion

9months past

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP52100028131
Registered on04 Feb 2021
Promoter-declared completion30 Dec 2025
Current statusCertificate Signed
Against todayabout 9 months past the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for VTP Aethereus phase2 record 19 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

  • Filing progress reports — 19 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Home Rising Construction is the promoter of record on 42 projects registered with MahaRERA, 2 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

42projects

registered with MahaRERA

2flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Construction

How much construction cost has been reported?

In VTP Aethereus phase2, ₹146.86 Cr of a declared ₹146.86 Cr estimated project cost is reported as incurred, about 100.0%, as at the last certified filing with MahaRERA.

100.0%

₹146.86 Cr

of ₹146.86 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In VTP Aethereus phase2, 473 of 476 homes filed with MahaRERA are recorded as sold or booked, about 99%, and 3 remain available.

99%sold

473 of 476 homes

₹299.11 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹273.88 Cr (about 92%) is recorded as collected and ₹25.23 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 473 registered agreements, the effective carpet rate is ₹10,859/sqft, with eight in ten falling between ₹10,418 and ₹11,319 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.

FloorUnitCarpetGovt reckoner value
Floor 313106683 sqft (63.45 sqm)₹53.08 Lakh
Floor 313107683 sqft (63.45 sqm)₹53.08 Lakh
Floor 7706683 sqft (63.45 sqm)₹53.08 Lakh

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, home by home

Read from MahaRERA on 17 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 473 homes carry one, and 3 of the 476 are recorded unsold.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
3106683 sqftRs 70.52 lakh typical, over Rs 68.48 lakh to Rs 76.19 lakh29 filed on this stack, floors 1–30

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.

In VTP Aethereus phase2, every one of the 3 unsold homes has agreements filed on its own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 2 homes — ₹2,999 →

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+35 and 476 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Tower-21G+35238-
Tower-41G+35238-

Unit mix on the filing: 476 residential.

Legal and disputes

What disputes are disclosed?

13 complaints are on the MahaRERA record for VTP Aethereus phase2, with orders passed in 7 of them.

13complaints

7with an order

Counts as disclosed in the project record.

Source · MahaRERA project disclosures · read 12 Jul 2026

Complaint no.FiledPartiesStatus
CC1240086423/11/2024HOME RISING CONSTRUCTION LLP vs SHANTANU SHANKAR DESHMUKHorder passed
CC1240086523/11/2024HOME RISING CONSTRUCTION LLP vs Anagha Gangurdeorder passed
CC1240086623/11/2024HOME RISING CONSTRUCTION LLP vs Anagha Gangurdeorder passed
CC1240086823/11/2024HOME RISING CONSTRUCTION LLP vs SURAJ SUDHAKAR POTDARorder passed
CC1240102204/12/2024HOME RISING CONSTRUCTION LLP vs ABHISHEK KRISHAN CHOUDHARYorder passed
CC1240102404/12/2024HOME RISING CONSTRUCTION LLP vs SNEHA PIYUSH GUGALEorder passed
CC1250121812/04/2025Suraj Hasabe vs HOME RISING CONSTRUCTION LLPpending / no order on file
CC1250276506/08/2025vineet gupta vs HOME RISING CONSTRUCTION LLPorder passed
CC1260053030/01/2026Asif Shaikh vs HOME RISING CONSTRUCTION LLPpending / no order on file
CC1260088718/02/2026Vijay Limaji Patil vs HOME RISING CONSTRUCTION LLPpending / no order on file
CC1260296519/05/2026Rajendra Shankar Pawar vs HOME RISING CONSTRUCTION LLPpending / no order on file
CC1260364812/06/2026Nandkumar Maruti Patil vs HOME RISING CONSTRUCTION LLPpending / no order on file
CC1260440215/07/2026HOME RISING CONSTRUCTION LLP vs RAJENDRA SHANKAR PAWARpending / no order on file

Location, Land & Connectivity

Located at Mhalunge , Mann Mhalunge Road , Haveli, Pune, 411045. Per the filed land record, the plot is bounded to the north by Tower4, to the south by Tower from respective phases, to the east by Podium and commercial building and to the west by Drive way and compound wall. These are the boundaries as recorded in the filed land record.

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
Hinjewadi Rajiv Gandhi IT Park3 km
Baner–Balewadi belt4 km
Pune Junction / city centre15 km
Pune Int'l Airport (Lohegaon)20 km
Magarpatta / Hadapsar IT21 km
Kharadi / EON 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.

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Builder track record

Home Rising Construction LLP 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).

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Major developers building in Baner

Other RERA-registered projects in Pune

VTP Altair
declared completion Jun 2026 · Integrated Business Ecosystem Private Li
VTP Aurelia Phase 1
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VTP Beaumonde Building T2
declared completion Jun 2025 · Arhum Erectors Private Limited
VTP Beaumonde Building T3
declared completion Jun 2025 · Arhum Erectors Private Limited
Vtp Beaumonde- Nation R2 Tower5
declared completion Apr 2024 · Ashdan Developers Private Limited
VTP Beaumonde Nation R2 Tower6
declared completion Aug 2025 · Arhum Erectors Private Limited

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: 20 Sep 2026