MahaRERA · the public record
VTP BELLISSIMO PHASE 2
Hinjewadi · MAGNITE DEVELOPERS PRIVATE LIMITED
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Registration read 12 Jul 2026Progress & 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
29 Dec 2027
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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MahaRERA · P52100047246
Delivery and registration
When is the project declared for completion?
VTP BELLISSIMO PHASE 2 is registered with MahaRERA as P52100047246 and the promoter has declared completion for 29 Dec 2027.
29 Dec 2027
declared completion
15months to go
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 registration | P52100047246 |
| Registered on | 13 Oct 2022 |
| Promoter-declared completion | 29 Dec 2027 |
| Current status | Certificate Signed |
| Against today | 15 months to 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 BELLISSIMO PHASE 2 record 15 quarterly progress reports since registration.
15quarterly filings
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 — 15 quarterly progress reports on record since registration, with no current default.
Promoter record
What else is this promoter on record for?
Magnite Developers is the promoter of record on 3 projects registered with MahaRERA, none of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).
3projects
registered with MahaRERA
0flagged
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 BELLISSIMO PHASE 2, ₹48.44 Cr of a declared ₹55.07 Cr estimated project cost is reported as incurred, about 88.0%, as at the last certified filing with MahaRERA.
88.0%
₹48.44 Cr
of ₹55.07 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 BELLISSIMO PHASE 2, 135 of 156 homes filed with MahaRERA are recorded as sold or booked (133 with registered agreements and 2 booked), about 87%, and 21 remain available.
87%sold
135 of 156 homes
₹120.40 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, ₹98.08 Cr (about 81%) is recorded as collected and ₹22.32 Cr as receivable.
Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026
What buyers actually paid: across 135 registered agreements, the effective carpet rate is ₹9,346/sqft, with eight in ten falling between ₹9,096 and ₹9,915 — 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.
| Floor | Unit | Carpet | Govt reckoner value |
|---|---|---|---|
| Floor 1 | 101 | 800 sqft (74.29 sqm) | ₹55.52 Lakh |
| Floor 1 | 102 | 800 sqft (74.29 sqm) | ₹55.52 Lakh |
| Floor 1 | 105 | 755 sqft (70.17 sqm) | ₹52.44 Lakh |
| Floor 1 | 106 | 755 sqft (70.17 sqm) | ₹52.44 Lakh |
| Floor 10 | 1001 | 800 sqft (74.29 sqm) | ₹55.52 Lakh |
| Floor 12 | 1201 | 800 sqft (74.29 sqm) | ₹55.52 Lakh |
| Floor 15 | 1501 | 800 sqft (74.29 sqm) | ₹55.52 Lakh |
| Floor 18 | 1801 | 800 sqft (74.29 sqm) | ₹55.52 Lakh |
| Floor 2 | 201 | 800 sqft (74.29 sqm) | ₹55.52 Lakh |
| Floor 2 | 202 | 800 sqft (74.29 sqm) | ₹55.52 Lakh |
| Floor 2 | 206 | 755 sqft (70.17 sqm) | ₹52.44 Lakh |
| Floor 23 | 2301 | 800 sqft (74.29 sqm) | ₹55.52 Lakh |
| Floor 26 | 2603 | 1,217 sqft (113.04 sqm) | ₹84.47 Lakh |
| Floor 26 | 2605 | 755 sqft (70.17 sqm) | ₹52.44 Lakh |
| Floor 26 | 2606 | 755 sqft (70.17 sqm) | ₹52.44 Lakh |
| Floor 3 | 301 | 800 sqft (74.29 sqm) | ₹55.52 Lakh |
| Floor 3 | 302 | 800 sqft (74.29 sqm) | ₹55.52 Lakh |
| Floor 4 | 401 | 800 sqft (74.29 sqm) | ₹55.52 Lakh |
| Floor 4 | 402 | 800 sqft (74.29 sqm) | ₹55.52 Lakh |
| Floor 6 | 601 | 800 sqft (74.29 sqm) | ₹55.52 Lakh |
| Floor 8 | 801 | 800 sqft (74.29 sqm) | ₹55.52 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 18 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 135 homes carry one, and 21 of the 156 are recorded unsold.
Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:
| Home | Carpet | Filed for the same home on other floors | Based on |
|---|---|---|---|
| 2603 | 1,217 sqft | Rs 1.1401 cr typical, over Rs 1.1273 cr to Rs 1.3660 cr | 25 filed on this stack, floors 1–25 |
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. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.
In VTP BELLISSIMO PHASE 2, every one of the 21 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.
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+26 and 156 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| TOWER 8 | 1 | G+26 | 156 | - |
Unit mix on the filing: 156 residential.
Complaints
No buyer complaints were on this project's MahaRERA record at the time of reading.
Legal & Litigation
The promoter has declared 2 court cases on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your home. This is declared by the promoter; there may be further cases not on the RERA record.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Commercial Court Pune | 446 | 2020 | Disposed As Withdrawn |
| Commercial Court Pune | 25 | 2022 | Disposed As Withdrawn |
Deadline Extensions
The MahaRERA completion deadline for this project has been formally extended 2 times, as recorded on the register.
| From | Extended to | Stated reason |
|---|---|---|
| as registered | 29 Dec 2027 | In accordance with circular no 28, we hereby apply for extension of our project u/s 6 in Format B. The project was delayed for reasons beyond our control on account of various reas |
| 29 Dec 2027 | 29 Dec 2027 | In accordance with circular no 28, we hereby apply for extension of our project u/s 6 in Format B. The project was delayed for reasons beyond our control on account of various reas |
Location, Land & Connectivity
Located at Hinjewadi, Hinjewadi maan road, Haveli, Pune, 411057. Per the filed land record, the plot is bounded to the north by 45m wide road, to the south by s no 210 part and 215 part, to the east by TOWER 8 AND TOWER 9 and to the west by 30m Wide road. These are the boundaries as recorded in the filed land record.
Location & connectivity
The nearest major job hub is ~1 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Hinjewadi Rajiv Gandhi IT Park | 1 km |
| Baner–Balewadi belt | 6 km |
| Pune Junction / city centre | 16 km |
| Pune Int'l Airport (Lohegaon) | 20 km |
| Magarpatta / Hadapsar IT | 22 km |
| Kharadi / EON IT Park | 23 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.