MahaRERA Property Intelligence · Pune

VTP Verve

P52100031556 · Sus · promoter Prasanna Developers

Certificate SignedDue 31 Dec 2029

Delivery & Registration

MahaRERA registrationP52100031556
Registered on28 Oct 2021
Promoter-declared completion31 Dec 2029
Current statusCertificate Signed
Against today41 months to 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, Prasanna Developers is the promoter of record on 23 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 701 homes filed with MahaRERA, 644 are sold/booked (634 with registered agreements + 10 booked) and 57 remain available (~92% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹507.25 Cr in agreement value so far. Of that, ₹297.21 Cr (~59%) is already collected, ₹210.04 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 644 registered agreements, the effective carpet rate is ₹9,574/sqft (typical range ₹9,324–₹11,644) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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+34 and 701 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Tower 11G+38-
Tower 21G+34115-
Tower 31G+34175-
Tower 41G+34113-
Tower 51G+34175-
Tower 61G+34115-

Unit mix on the filing: 701 residential.

Complaints & Orders

5 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
CC1250144729/04/2025PRASANNA DEVELOPERS vs Shrikant Ulhas Medpilwar (Allottee)order passed
CC1260069106/02/2026Omkar Govind Dhekne vs PRASANNA DEVELOPERSorder passed
CC1260174726/03/2026Renuka Gajendra Bhaise vs PRASANNA DEVELOPERSpending / no order on file
CC1260191801/04/2026Swapnil Uttam Thakur vs PRASANNA DEVELOPERSpending / no order on file
CC1260372617/06/2026Anuj Brijgopal Loya vs PRASANNA DEVELOPERSpending / no order on file

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
30 Jun 202631 Dec 2029As per Order No. 40 Dated 27/12/2022 we are applying for Extension without majority consents of the allottees.As per HEARING DATED 5th May 2025, Hon'ble Shri Manoj Saunik Sir grant

Location, Land & Connectivity

Located at Sus, Sus Baner, Haveli, Pune, 411045. Per the filed land record, the plot is bounded to the north by Adj S No 42, to the south by 12m wide road, to the east by SNO 43 HISSANO 1 PART and to the west by Nala. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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

Prasanna Developers is the promoter on 7 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 Prasanna Developers

Other RERA-registered projects in Baner

7 Business BAY
possession by Jul 2026 · Saaj Buildcon Private Limited
Maitreya
Not filing quarterly progress reports · possession by Jul 2026 · Vaibhav Shamrao Taro
Mercury
possession by Aug 2026 · SB Real Estate Private Limited
Aarambh
possession by Aug 2026 · ADI Realtors
Nancy Hillview A-1
possession by Aug 2026 · M/S Sarsan Aawishkar Properties
Truspace Platina
possession by Aug 2026 · Atharva Developments

Major developers building in Baner

Other RERA-registered projects in Pune

VTP Volare
possession by Dec 2029 · Mexus Real Estate Developers
Vtpbelair A Building
declared completion Dec 2024 · NNP Buildcon Pvt. Ltd.
Vtpbelair E And F Building
declared completion Jun 2025 · NNP Buildcon Pvt. Ltd.
Vtpsolitaire Building C AND D
declared completion Dec 2023 · Westerncity Townships LLP
Vyankatesh Vihar
declared completion Dec 2019 · Shree Vyankatesh Construction
Vyomkesh
declared completion Apr 2024 · Vijay Arvind Raykar

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