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Registered No litigation declared Residential / Group Housing project

SHUBHA VASTU

By VISA DEVELOPERS

RG-MH-89873 · RERA PR1290002501907 · Last updated on MahaRERA portal: 16 Apr 2026

Source: official MahaRERA filing

Red flags

  • Allotment letter deviates from the model form

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • No encumbrance on the project land
  • Separate project account declared

1 condition is 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.

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Dec 2028Possession promisedno revision filed
2 of 8Construction stages donefurthest along: Slabs of Super Structure, 12%
21 of 21Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 10 documents Report an error

SHUBHA VASTU is a Residential / Group Housing project by VISA DEVELOPERS in Sangli, Maharashtra, registered with MahaRERA as PR1290002501907 on 29 Dec 2025. Possession is promised by 31 Dec 2028. 0 of the 21 units on this registration are recorded sold or booked, and 2 of 8 construction stages are filed complete.

At a glance

Project

  • NameSHUBHA VASTU
  • TypeResidential / Group Housing
  • Location
    • KUPWAD
    • Sangli Miraj Kupwad (M Corp.)
    • Miraj
    • Sangli
    • 416415
  • Pincode416415
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR1290002501907
  • ReraGenie IDRG-MH-89873

Builder

  • NameVISA DEVELOPERS
  • Entity typePartnership
  • GSTIN27AAUFV2747D1ZR
  • Authorised SignatorySANTOSH BHAGWAN ASHTEKAR
  • PartnersVIKAS HARI LAGOO, APARNA SANTOSH ASHTEKAR
  • Other registrations4 more →
  • No longer live2 lapsed, de-registered or revoked

Key dates

this monthRegisteredDec 2025PromisedDec 2028

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on29 Dec 2025
  • Promised completion31 Dec 2028
  • Revised completionNone
  • Buildings1 building record
  • Documents filed10 files

Current status

0%0 of 21 units booked
13.9%Work done, per cost certificate

Figures as on 16 Apr 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
SHUBHA VASTUNA8721021

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 16 Apr 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.

2 of 8 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 12%.

SHUBHA VASTU: 27% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)Not applicable
Podiums (if any)Not applicable
Plinth100%
Stilt FloorNot applicable
Slabs of Super Structure12%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises-
Sanitary Fittings within the flats / premises-
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks-
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.-
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.-

Progress on shared amenities15

As on 16 Apr 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 facilityProposedProgress
Internal Roads & FootpathsNoNot applicable
Water SupplyNo-
Sewerage (Chamber, Lines, Septic Tank , STP)No-
Storm Water DrainsNo-
Landscaping & Tree PlantingNoNot applicable
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingNoNot applicable
Energy managemcntNo-
Fire protection and fire safety requirementsNo-
Electrical meter room, sub-station, receiving stationNo-
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed29

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.

Total parking slots29
Stilt / Ground29

Land and ownership

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.

Land area505 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on6 Dec 2025

Approvals and building plan

Sanctioning authoritySangli-Miraj Kupwad Municipal Corporation
Permissible FSI1615.38
Proposed, not sanctioned1,614 sq m
Buildings approved1
Buildings sanctioned1

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.

Separate project accountDeclared
Bank branchVENKATESH SENATE640,KARMAVEER BHAURAO PATIL CHOWK,SANGLI MIRAJ ROADSANGLIMAHARASHTRA416416
Estimated costRs 4.00 cr
Cost incurredRs 55.50 lakh
Work done13.88%
BuildingWingEstimatedIncurred
SHUBHA VASTUNARs 3.60 crRs 55.50 lakh
-NARs 40.00 lakh-

Certifying professionals and partners4

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectDivya Patil
EngineerVikas Laxman More
Chartered AccountantPhadke Limaye Thanedar and Company
Chartered AccountantAPLT And Co.
PartnerRole in project
VISA DEVELOPERS-

Complaints filed with MahaRERA

No complaints on record against this registration.

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.

  1. Legal title reportNot on the file

    A lawyer's report on who owns the land and what is registered against it.

  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 5 Dec 2025
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 5 Dec 2025
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 19 Jan 2026Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 2028

Documents filed10

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.

DocumentUploaded
Withdrawal Update Form 1File: Form-1- Architects Certificate.pdf16 Apr 2026
Withdrawal Update Form 2File: Form-2- Engineers Certificate.pdf16 Apr 2026
Withdrawal Update Form 3File: Form-3- CA Certificate.pdf16 Apr 2026
Commencement certificateFile: Shubha Vastu Commencement Certificate.pdf19 Jan 2026
Withdrawal Update Form 1File: Form 1- Architect Certificate.pdf19 Jan 2026
Withdrawal Update Form 2File: Form 2- Engineer Certificate.pdf19 Jan 2026
Withdrawal Update Form 3File: Form 3- CA Certificate.pdf19 Jan 2026
Declaration and undertaking (Annexure A)File: Order 50 ANNEXURE A _v1.pdf6 Dec 2025
Layout approvalFile: Shubha Vastu Municipal Drawing.pdf5 Dec 2025
Building plan approvalFile: Shubha Vastu Municipal Drawing.pdf5 Dec 2025

How this compares with Sangli

0%of this project is bookeddistrict median 16%
11%of Sangli projects moved their completion datethis one has not
29%of Sangli registrations have lapsed or been cancelledthis one is on the register

Computed across the 790+ Sangli projects on ReraGenie, from their own filings.

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How alerts work

Other projects near Sangli Miraj Kupwad (M Corp.)790+ in Sangli

2 kmSHUBHA VASTUCompleted 22Lapsed / revoked 20Other 15Dot size: filed unitsN

Filed coordinates, straight-line distance. 57 registered projects within 2 km.

Builder: VISA DEVELOPERS

VISA DEVELOPERS has 5 registrations on MahaRERA, including SUKHKARTA RESIDENCY and OJAS. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Sangli district page.

Frequently asked questions

What are my rights if SHUBHA VASTU is delayed beyond 31 Dec 2028?

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 SHUBHA VASTU?

The registered promoter entity is VISA DEVELOPERS, a partnership as per the filing. Its GSTIN 27AAUFV2747D1ZR 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 SHUBHA VASTU?

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 current is the construction progress shown for SHUBHA VASTU?

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 SHUBHA VASTU?

The professionals named in the filing: Architect: Divya Patil; Engineer: Vikas Laxman More; Chartered Accountant: Phadke Limaye Thanedar and Company; Chartered Accountant: APLT And Co.. 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 SHUBHA VASTU?

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.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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