Home / Browse projects / Pune, Maharashtra / Dream Velmore
Dream Velmore
RG-MH-93909 · RERA PM1260002600744 · Last updated on MahaRERA portal: 10 Aug 2026
Source: official MahaRERA filing
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Red flags
- 1 complaint at MahaRERA
- Allotment letter deviates from the model form
Clear
- No litigation declared
- Completion date never moved
- No encumbrance on the project land
- Separate project account declared
2 conditions are on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.
See what the report covers Free either way: or have every new Pune registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
Dream Velmore is a Mixed project by Vertex Developers in Pune, Maharashtra, registered with MahaRERA as PM1260002600744 on 11 Jun 2026. Possession is promised by 31 Dec 2032. 0 of the 327 units on this registration are recorded sold or booked, and 0 of 44 construction stages are filed complete. 1 complaint is on record with the regulator.
At a glance
Project
- NameDream Velmore
- TypeMixed
- Location
- Balewadi
- Haveli
- Pune
- 411045
- Pincode411045
- MapView location on Google Maps (as filed on RERA)
- RERA no.PM1260002600744
- ReraGenie IDRG-MH-93909
Builder
- NameVertex Developers
- Entity typePartnership
- GSTIN27AAZFV9876E1Z0
- PartnersJeevan Ramdas Balwadkar, Om Laxman Balwadkar, Vikram Ramdas Balwadkar, Yash Maruti Balwadkar
- Authorised Partner Dreamwonder Land Developers LLPsNarendra Jalindar Balwadkar, Pratik Ravindra Balwadkar
- Other registrations4 more →
- Completed2 of 5
- Declared earlier projects3 →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on11 Jun 2026
- Promised completion31 Dec 2032
- Revised completionNone
- Buildings4 building records
- Documents filed23 files
Current status
Figures as on 10 Aug 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Tower 1 | NA | 30 | 23 | 110 | 10 | 120 |
| Tower 2 | NA | 30 | 23 | 88 | 12 | 100 |
| Tower 3 | NA | 8 | 1 | 0 | 12 | 12 |
| Tower 4 | NA | 30 | 23 | 88 | 7 | 95 |
The full filing
Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.
Construction progress by building4
As on 10 Aug 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
0 of 44 construction stages are filed complete across 4 buildings. The stage furthest along is Excavation, at 0%.
Tower 10%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 0% |
Tower 20%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 0% |
Tower 30%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 0% |
Tower 40%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 0% |
Progress on shared amenities15
As on 10 Aug 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | 0% |
| Water Supply | No | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | No | 0% |
| Storm Water Drains | No | 0% |
| Landscaping & Tree Planting | No | 0% |
| Street Lighting | No | 0% |
| Community Buildings | No | 0% |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | No | 0% |
| Energy managemcnt | No | 0% |
| Fire protection and fire safety requirements | No | 0% |
| Electrical meter room, sub-station, receiving station | No | 0% |
| Aggregate area of recreational Open Space | No | 0% |
| Open Parking | No | Not applicable |
Parking filed967
Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.
| Building | Stilt / Ground | Podiums / Upper Parking Floor | Basement | Total |
|---|---|---|---|---|
| Tower 1 | 35 | 111 | 94 | 240 |
| Tower 2 | 36 | 112 | 94 | 242 |
| Tower 3 | 36 | 114 | 94 | 244 |
| Tower 4 | 36 | 111 | 94 | 241 |
Land and ownership26
MahaRERA does not publish landowner contact details. Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.
| Landowner | Village | District |
|---|---|---|
| Ramdas Dharma Balwadkar | Balewadi | Pune |
| Sitabai Ramadas Balwadkar | Balewadi | Pune |
| Suvarna tanaji Lagad | Balewadi | Pune |
| Jeevan Ramdas Balwadkar | Balewadi | Pune |
| Komal Jeevan Balwadkar | Balewadi | Pune |
| Rajveer Jeevan Balwadkar | Balewadi | Pune |
| Shivadnya Jeevan Balwadkar | Balewadi | Pune |
| Vikram Ramdas Balwadkar | Balewadi | Pune |
| Poonam Vikram Balwadkar | Balewadi | Pune |
| Shravan Vikram Balwadkar | Balewadi | Pune |
| Swaransh Vikram Balwadkar | Balewadi | Pune |
| Laxman Dharma Balwadkar | Balewadi | Pune |
| Sunita Laxman Balwadkar | Balewadi | Pune |
| Om Laxman Balwadkar | Balewadi | Pune |
| Surekha Maruti Balwadkar | Balewadi | Pune |
| Yash Maruti Balwadkar | Balewadi | Pune |
| Nikita Aakash Nakhate | Balewadi | Pune |
| Neha Kaushal Shedge | Balewadi | Pune |
| Pandurang Dnyanoba Balwadkar | Balewadi | Pune |
| Mangal Dnyanoba Balwadkar | Balewadi | Pune |
| Yogesh Pandurang Balwadkar | Balewadi | Pune |
| Sheetal Yogesh Balwadkar | Balewadi | Pune |
| Malhar Yogesh Balwadkar | Balewadi | Pune |
| Lavanya Yogesh Balwadkar | Balewadi | Pune |
| Rupali Nitin Pokale | Balewadi | Pune |
| Vrushali Anil Pokale | Balewadi | Pune |
Approvals and building plan
Project account and cost
70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| Tower 2 | NA | Rs 500.07 cr | - |
| Tower 4 | NA | Rs 49.50 cr | - |
| Tower 1 | NA | Rs 48.01 cr | - |
| - | NA | Rs 18.30 cr | - |
| Tower 3 | NA | Rs 10.75 cr | - |
Certifying professionals and partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | The Wise Wall |
| Engineer | Samishthi Techno Services Consultants LLP |
| Chartered Accountant | Ms Sanket Bhandari and Associates |
| Partner | Role in project |
|---|---|
| Vertex Developers | - |
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC12603750 | Sourav Pattnaik | Vertex Developers | 18/06/2026 |
The permission chain
The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.
- Legal title reportNot on the file
A lawyer's report on who owns the land and what is registered against it.
- Layout approvalNot on the file
The planning authority's approval of how the plots and buildings sit on the land.
- Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 6 Jun 2026 - Commencement CertificateNot on the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
- Occupancy CertificateNot due yet
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
possession is promised for 31 Dec 2032
Documents filed23
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Withdrawal Update Form 1File: Q1_Form 1_FY_26-27 Vertex Developers.pdf | 10 Aug 2026 |
| Withdrawal Update Form 2File: Q1_Form 2_FY_26-27 Vertex Developers.pdf | 10 Aug 2026 |
| Withdrawal Update Form 3File: Rera Form-3 1st Qtr FY 26-27 Vertex Developers __compressed.pdf | 10 Aug 2026 |
| Building plan approvalFile: Plan 4-19.pdf | 6 Jun 2026 |
| Building plan approvalFile: Plan 1-19_compressed.pdf | 5 Jun 2026 |
| Building plan approvalFile: Plan 2-19_compressed.pdf | 5 Jun 2026 |
| Building plan approvalFile: Plan 3-19_compressed.pdf | 5 Jun 2026 |
| Building plan approvalFile: Plan 5-19.pdf | 5 Jun 2026 |
| Building plan approvalFile: Plan 6-19_compressed.pdf | 5 Jun 2026 |
| Building plan approvalFile: Plan 7-19_compressed.pdf | 5 Jun 2026 |
| Building plan approvalFile: Plan 8-19_compressed.pdf | 5 Jun 2026 |
| Building plan approvalFile: Plan 9-19_compressed.pdf | 5 Jun 2026 |
| Building plan approvalFile: Plan 10-19_compressed.pdf | 5 Jun 2026 |
| Building plan approvalFile: Plan 11-19_compressed.pdf | 5 Jun 2026 |
| Building plan approvalFile: Plan 12-19_compressed.pdf | 5 Jun 2026 |
| Building plan approvalFile: Plan 13-19_compressed.pdf | 5 Jun 2026 |
| Building plan approvalFile: Plan 14-19_compressed.pdf | 5 Jun 2026 |
| Building plan approvalFile: Plan 15-19.pdf | 5 Jun 2026 |
| Building plan approvalFile: Plan 16-19_compressed.pdf | 5 Jun 2026 |
| Building plan approvalFile: Plan 17-19_compressed.pdf | 5 Jun 2026 |
| Building plan approvalFile: Plan 18-19.pdf | 5 Jun 2026 |
| Building plan approvalFile: Plan 19-19.pdf | 5 Jun 2026 |
| Declaration and undertaking (Annexure A)File: Declaration of One Plot One Registration_smallpdf.pdf | 5 Jun 2026 |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 4 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 23 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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- An email each time this filing moves: new sales, a moved possession date, an extension, a complaint, the occupancy certificate
- Plain words, conditions that have happened marked in red
- A summary of everything that changed when the 90 days end
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Builder: Vertex Developers
Vertex Developers has 5 registrations on MahaRERA, including VARUN FLORA TOWNSHIP and Varun Flora Township - Lotus Bldg. Its filings disclose 3 earlier MahaRERA projects: declares 3 of 3 past projects completed on time. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What are my rights if Dream Velmore is delayed beyond 31 Dec 2032?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.
How do I verify and contact the developer of Dream Velmore?
The registered promoter entity is Vertex Developers, a partnership as per the filing. Its GSTIN 27AAZFV9876E1Z0 can be cross-checked on the MCA and GST portals. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.
Is my payment protected in Dream Velmore?
Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.
How do I read the complaint cases filed against Dream Velmore?
Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.
How current is the construction progress shown for Dream Velmore?
Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.
Who certifies construction progress at Dream Velmore?
The professionals named in the filing: Architect: The Wise Wall; Engineer: Samishthi Techno Services Consultants LLP; Chartered Accountant: Ms Sanket Bhandari and Associates. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.
What should I check before booking in Dream Velmore?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.
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