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MONTECITO Phase II - E Building
RG-MH-10168 · RERA P52100002014 · Last updated on MahaRERA portal: 14 Jun 2024
Source: official MahaRERA filing
Red flags
- 1 complaint at MahaRERA
- Completion date moved by 30 months
- 2 extensions taken
Clear
- No litigation declared
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
3 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.
MONTECITO Phase II - E Building is a Residential / Group Housing project by Amit Vastu Ventures LLP in Pune, Maharashtra, registered with MahaRERA as P52100002014 on 31 Jul 2017. The registration is recorded completed; possession was promised by 30 Dec 2021. The completion date has moved by 30 months from the original filing. 1 complaint is on record with the regulator.
At a glance
Project
- NameMONTECITO Phase II - E Building
- TypeResidential / Group Housing
- Location
- Sahakarnagar
- Parvati
- Haveli
- Pune
- 411009
- Pincode411009
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100002014
- ReraGenie IDRG-MH-10168
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on31 Jul 2017
- Promised completion30 Dec 2021
- Revised completionRevised to 30 Dec 2021 (originally 30 Jun 2019)
- Buildings1 building record
- Documents filed25 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Building E | NA | 22 | 0 | 0 | 0 | 0 |
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 building1
As on 14 Jun 2024, 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.
7 of 11 construction stages are filed complete. The stage furthest along is Staircases, at 95%.
Building E: 93% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 70% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 95% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 90% |
| 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. | 70% |
Progress on shared amenities32
As on 14 Jun 2024, 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 | Yes | 75% |
| Water Supply | Yes | 70% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 70% |
| Storm Water Drains | Yes | 70% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 5% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 90% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 90% |
| Electrical meter room, sub-station, receiving station | Yes | 70% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | No | Not applicable |
| Barbeque Area | Yes | 0% |
| Business lounge and conference room | Yes | 40% |
| Card Carrom chess area | Yes | 40% |
| Children play area | Yes | 0% |
| Guest Lounge | Yes | 50% |
| Gym | Yes | 50% |
| Half Basket ball Court and net Cricket pitch | Yes | 0% |
| Meditation Area | Yes | 0% |
| Multimedia room | Yes | 40% |
| Multipurpose hall | Yes | 40% |
| Party Lawn | Yes | 0% |
| Steam and Sauna | Yes | 40% |
| Study and Library area | Yes | 40% |
| Swimming pool and Changing Area | Yes | 30% |
| Table Tennis Area | Yes | 40% |
| Toddler Pool | Yes | 30% |
| Yoga and Aerobics room | Yes | 40% |
Parking filed80
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.
Land and ownership
MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
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.
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 | Mr. Prafulla R. Nadkarni |
| Architect | Talati and Panthaky Associated Pvt Ltd |
| Engineer | J W Consultants LLP |
| Partner | Role in project |
|---|---|
| Amit Vastu Ventures LLP | - |
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterSHORTAGE OF MANPOWER AND MATERIAL DUE TO PANDEMIC. REVERSE MIGRATION HAS AFFECTED THE SUPPLY OF SKILLED AND UNSKILLED CONSTRUCTION MANPOWER. HIGH END RESIDENTIAL MARKET IS VERY SLOW.
Reason as filed by the promoterDue to slow market condition and recession in the real estate market.
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC12600694 | Amits Montecito Building E Sahakari Gruharachana Maryadit | Amit Vastu Ventures LLP | 06/02/2026 |
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 reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 21 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 26 Jul 2017 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 21 Jul 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 21 Jul 2017Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateOn the file
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
uploaded 30 Jun 2021
Documents filed25
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 |
|---|---|
| Disclosure of Interest in Other Real Estate OrganizationsFile: Declaration of interest in other real estate ( Kishor Sir).pdf | 14 Jun 2024 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: Society Registration Certificate - E Building.pdf | 27 May 2024 |
| Status of ConveyanceFile: Index II - Structure Conveyance E - Building.pdf | 27 May 2024 |
| Architect’s Certificate on Completion of Project (Form 4)File: Architect form 4 - bldg E (new format).pdf | 28 Feb 2022 |
| Certificates of CA (Form 3)File: MONTECITO BLDG E FORM 3 31-3-21.pdf | 22 Jan 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Montecito - E - 2019-2020.pdf | 30 Jun 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Montecito - E - 2020-2021.pdf | 30 Jun 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: FORM 5 MONTECITO E BUIDING FY 2019-20.pdf | 30 Jun 2021 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Completion Montecito - building E.pdf | 30 Jun 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Form 5 - Montecito - Building E.pdf | 9 Nov 2019 |
| Certificates of CA (Form 5)File: Form 5 -Montecito - Building E.pdf | 6 Nov 2019 |
| Certificates of CA (Form 5)File: Form 5 - Montecito - E.pdf | 15 Oct 2018 |
| Layout approvalFile: Copy of Layout Approval Montecito E .pdf | 26 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: Copy of Layout Approval Montecito E .pdf | 26 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Certificate of Engineer Montecito E .pdf | 25 Jul 2017 |
| Certificates of CA (Form 3)File: Certificate of CA Montecito E.pdf | 25 Jul 2017 |
| Proforma of Allotment letterFile: Signed Proforma of the Allotment letter and Declaration for Agreement for sale.pdf | 25 Jul 2017 |
| Building plan approvalFile: Declaration IOD Montecito E.pdf | 21 Jul 2017 |
| PAN CardFile: PAN Card - AVV LLP.pdf | 21 Jul 2017 |
| Copy of the legal title reportFile: Copy of the legal title report.pdf | 21 Jul 2017 |
| Details of encumbrancesFile: Details of encumbrances.pdf | 21 Jul 2017 |
| Building Plan Approval (IOD)File: Declaration IOD Montecito E.pdf | 21 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf | 21 Jul 2017 |
| Declaration in FORM BFile: Declaration in Form B.pdf | 21 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Certificate of Architect.pdf | 21 Jul 2017 |
Promoter's earlier projects7
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Flats | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|---|
| Astonia Royale Phase III - P BuildingP52100001045 | Ambegaon Bk, Pune | 81 | Jul 2017 | Ongoing | Dec 2025Registered original: Dec 2021 | Not delivered |
| Astonia Royale Phase II - K and L BuildingP52100001124 | Ambegaon Bk, Pune | 165 | Jul 2017 | Ongoing | Mar 2025Registered original: Dec 2021 | Not delivered |
| AMITs BLOOMFIELD PHASE III - J AND K BUILDINGP52100005644 | Ambegaon, Pune | 252 | Aug 2017 | Ongoing | Mar 2025Registered original: Dec 2021 | Not delivered |
| VED VIHAR PHASE II - BUILDING NO. 4P52100012713 | Kothrud, Pune | - | Sep 2017 | Ongoing | Dec 2024Registered original: Dec 2021 | Not delivered |
| Astonia Classic Phase II - A5 BuildingP52100001359 | Undri, Pune | 96 | Jul 2017 | Ongoing | Dec 2024Registered original: Dec 2020 | Not delivered |
| AMITs COLORI Phase-III G BuildingP52100000785 | Undri, Pune | - | Jul 2017 | Ongoing | Dec 2024Registered original: Jun 2021 | Not delivered |
| AMITs COLORI Phase-II H and I BuildingP52100001940 | Undri, Pune | - | Jul 2017 | Completed | Jun 2019 | Jun 2019 |
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How this compares with Pune
Computed across the 13,700+ Pune projects on ReraGenie, from their own filings.
Free monthly report: Pune on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.
Buyer report
Useful on a completed registration when you are buying resale, or checking what was promised against what was delivered.
- 3 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 1 other registration and every project registered within 2 km, which the RERA portal never shows together
- All 25 filed documents as one ZIP, foldered, with a manifest
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Builder: Amit Vastu Ventures LLP
Amit Vastu Ventures LLP has 2 registrations on MahaRERA, including MONTECITO Phase II - E Building and MONTECITO PHASE I - D BUILDING PART 2. Its filings disclose 7 earlier MahaRERA projects: declares 1 of 1 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 MONTECITO Phase II - E Building is delayed beyond 30 Dec 2021?
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 MONTECITO Phase II - E Building?
The registered promoter entity is Amit Vastu Ventures LLP, a partnership as per the filing. Neither this filing nor this promoter's other MahaRERA registrations disclose a CIN, LLPIN or GSTIN for this entity. 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 MONTECITO Phase II - E Building?
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 MONTECITO Phase II - E Building?
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 MONTECITO Phase II - E Building?
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 MONTECITO Phase II - E Building?
The professionals named in the filing: Architect: Mr. Prafulla R. Nadkarni; Architect: Talati and Panthaky Associated Pvt Ltd; Engineer: J W Consultants LLP. 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 MONTECITO Phase II - E Building?
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; why the completion date was revised and what the new timeline depends on. The Rs 499 buyer report works through all of them from the filings.
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