MahaRERA Property Intelligence · Pune

Vtp Cygnus- Nation R1-Tower 9

P52100007401 · Manjri · promoter Ashdan Developers Private

Certificate SignedDue 18 Jul 2025

Delivery & Registration

MahaRERA registrationP52100007401
Registered on17 Aug 2017
Promoter-declared completion18 Jul 2025
Current statusCertificate Signed
Against todayabout 12 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, 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.

Sales & Inventory

Of 261 homes filed with MahaRERA, 258 are sold/booked and 3 remain available (~99% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹81.97 Cr in agreement value so far. Of that, ₹73.52 Cr (~90%) is already collected, ₹8.45 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 258 registered agreements, the effective carpet rate is ₹9,634/sqft (typical range ₹7,502–₹10,774) — 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 151511346 sqft (32.17 sqm)₹26.34 Lakh
Floor 212109346 sqft (32.17 sqm)₹27.54 Lakh
Floor 8805341 sqft (31.72 sqm)₹26.25 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+23 and 261 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Kul Nation R1 Tower-91G+23261-

Unit mix on the filing: 261 residential.

Complaints & Orders

23 complaints are on the MahaRERA record for this project, with orders passed in 19. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00500000000009610/10/2017Prabhjot Singh Bhatia along with other KUL Nation Phase 1 Flat Buyers vs KUL Developers Private Limitedorder passed
CC00500000005389919/01/2020Prabhjot Singh Bhatia vs Kul Developers Private Limited Through Its Authorised Signatory Indarmal S Gandhiorder passed
CC00500000002214216/10/2018Mrs. Archana Mohit Mathur vs Ashdan Developers Private Limitedorder passed
CC00500000002309604/06/2019Jayashri S. Gite vs Ashdan Developers Private Limitedorder passed
CC00500000002310608/06/2019Deepa Sadanand Ghag vs Ashdan Developers Private Limitedorder passed
CC00500000005389719/01/2020Priti Nilesh Patil vs Kul Developers Private Limited Through Its Authorised Signatory Indarmal S Gandhiorder passed
CC00500000005389820/01/2020Umesh Subhash Kolapkar vs Kul Developers Private Limited Through Its Authorised Signatory Indarmal S Gandhiorder passed
CC00500000005389507/01/2020Archana Mathur vs Ashdan Developers Pvt. Ltd.order passed
CC00500000005405423/02/2020Shravan Nandkishor Sikchi vs Kul Developers Private Limited Through Its Partner Indarmal Gandhiorder passed
CC00500000005413009/03/2020Anuj Datre vs Ashdan Developers Private Limitedorder passed
CC00500000006490607/12/2020Rahul Bankar vs Ashdan Developers Private Limitedorder passed
CC00500000006494217/12/2020Dattatray Kand vs Ashdan Developers Pvt Ltdorder passed
CC00500000007506611/01/2021Pratiksha Jha vs Ashdan Developers Private Limitedorder passed
CC00500000007507128/01/2021Franklin Mendonca vs Ashdan Developers Pvt Ltd (Erstwhile Kul Developers Pvt Ltd) thro. its Director Vilas Popatrao Tambeorder passed
CC00500000015728329/06/2022sharvan karnani vs VTP REALTYorder passed
CC00500000029001914/01/2024Ashdan Developers Pvt. Ltd. vs MANJEET SHRINIVAS PILLAYorder passed
CC00500000029002014/01/2024Ashdan Developers Pvt. Ltd. vs SHANTANU SHRINAND KAMBLEorder passed
CC00500000031048928/02/2024Ashdan Developers Pvt. Ltd. vs SANDIP SOPAN BAGATEorder passed
CC00500000044110613/06/2024Ashdan Developers Pvt. Ltd. vs SANDIP SOPAN BAGATEorder passed
CC1250145730/04/2025Rahul Surendra Bhandari vs Ashdan Developers Private Limitedpending / no order on file
CC1260105426/02/2026Ashdan Developers Private Limited vs SANDHYA SHRIMANKAR BOSAKIpending / no order on file
CC1260105526/02/2026Ashdan Developers Private Limited vs BHARATI LALIT KHOSLApending / no order on file
CC1260059802/02/2026Ashdan Developers Private Limited vs SANDIP SOPAN BAGATEpending / no order on file

Legal & Litigation

The promoter has declared 3 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 flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Cjsd1170/20142014Ongoing
Cjsd264/20152015Ongoing
Cjm Pune401943/20152015Ongoing

Location, Land & Connectivity

Located at Manjri, Gat No 124, Haveli, Pune, 412307. Per the filed land record, the plot is bounded to the north by Parking Slab And T-10, to the south by T8 And Parking Slab, to the east by Parking Slab and to the west by Drive Way. 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
Kharadi / EON IT Park5 km
Magarpatta / Hadapsar IT7 km
Pune Int'l Airport (Lohegaon)8 km
Pune Junction / city centre12 km
Baner–Balewadi belt22 km
Hinjewadi Rajiv Gandhi IT Park27 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

Ashdan Developers Private Limited is the promoter on 10 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 →

Other flagged projects by Ashdan Developers Private Limited

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Other RERA-registered projects in Shewalewadi

Mango Tree Villa Phase 1
possession by Jul 2026 · Palchin Real Estates Private Limited
GRM Avighna Apartment
possession by Sep 2026 · GRM Buildcon
Anand Park
possession by Dec 2026 · Shweta Vikas Bire
Godrej Sky Greens Phase 1
possession by Dec 2026 · Manjari Housing Projects LLP
Godrej Sky Greens Phase 2
possession by Dec 2026 · Manjari Housing Projects LLP
Joyville Hadapsar Annexe Phase 16
possession by Dec 2026 · Joyville Shapoorji Housing Private Limit

Major developers building in Shewalewadi

Other RERA-registered projects in Pune

Vtp Cygnus- Nation R1-Tower7
declared completion Jan 2023 · Ashdan Developers Private Limited
VTP Dolce Vita Phase 1
possession by Dec 2028 · Ashdan Developers Private Limited
VTP Dolce Vita Phase 2
possession by Jun 2029 · Ashdan Developers Private Limited
VTP Dolce Vita Phase 3
possession by Jun 2029 · Ashdan Developers Private Limited
VTP Dolce Vita Phase 4
possession by Jun 2029 · Ashdan Developers Private Limited
VTP Euphoria Phase 1
possession by Dec 2026 · Ashdan Developers 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: 27 Jul 2026