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Registered Litigation declared Residential / Group Housing project

VANAHA SPRINGS T3 ASPEN

By IMAGE REALTY PRIVATE LIMITED

RG-MH-22047 · RERA P52100030086 · Last updated on MahaRERA portal: 9 Jun 2026

Source: official MahaRERA filing

Red flags

  • Litigation declared, 3 cases
  • 1 complaint at MahaRERA
  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Separate project account declared
  • Allotment letter follows the model form
  • All 4 earlier projects delivered on promise

4 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.

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Dec 2026Possession promisedmoved 12 months from the original
4 of 11Construction stages donefurthest along: Internal walls, 91%
16 of 367Units unsoldnot recorded sold or booked
1Complaints at MahaRERAon this registration
Jump to the 140 documents Report an error

VANAHA SPRINGS T3 ASPEN is a Residential / Group Housing project by IMAGE REALTY PRIVATE LIMITED in Pune, Maharashtra, registered with MahaRERA as P52100030086 on 29 Jul 2021. Possession is promised by 31 Dec 2026. The completion date has moved by 12 months from the original filing. 351 of the 367 units on this registration are recorded sold or booked, and 4 of 11 construction stages are filed complete. 1 complaint is on record with the regulator.

At a glance

Project

  • NameVANAHA SPRINGS T3 ASPEN
  • TypeResidential / Group Housing
  • Location
    • SPINE ROAD
    • OXFORD GOLF RESORT
    • Lavale
    • Mulshi
    • Pune
    • 412115
  • Pincode412115
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100030086
  • ReraGenie IDRG-MH-22047

Builder

  • NameIMAGE REALTY PRIVATE LIMITED
  • Entity typeCompany
  • CINU68200MH2026PTC465298
  • GSTIN27AAICI6208F1ZM
  • PartnersNirav Bhupendra Dalal, Haresh Jayantilal Shah, Haresh Jayantilal Shah, Nirav Bhupendra Dalal, Haresh Jayantilal Shah, Nirav Bhupendra Dalal, Haresh Jayantilal Shah, Nirav Bhupendra Dalal, Haresh Jayantilal Shah, Nirav Bhupendra Dalal
  • Other registrations9 more →
  • Declared earlier projects4 →

Key dates

this monthRegisteredJul 2021First promiseDec 2025Revised toDec 2026

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on29 Jul 2021
  • Promised completion31 Dec 2026
  • Revised completionRevised to 31 Dec 2026 (originally 31 Dec 2025)
  • Buildings1 building record
  • Documents filed140 files

Current status

96%351 of 367 units booked
98.8%Work done, per cost certificate

Figures as on 9 Jun 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
TOWER 3NA333035215367

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 9 Jun 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.

4 of 11 construction stages are filed complete. The stage furthest along is Internal walls, at 91%.

TOWER 3: 64% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)0%
Podiums (if any)100%
Plinth100%
Stilt Floor0%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises91%
Sanitary Fittings within the flats / premises2%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks83%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.65%
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.62%

Progress on shared amenities15

As on 9 Jun 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 & FootpathsYes48%
Water SupplyYes10%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes75%
Storm Water DrainsYes52%
Landscaping & Tree PlantingYes39%
Street LightingYes0%
Community BuildingsYes40%
Treatment And Disposal Of Sewage And Sullage WaterYes30%
Solid Waste Management And DisposalYes70%
Water conservation /Rain water harvestingYes85%
Energy managemcntYes10%
Fire protection and fire safety requirementsYes60%
Electrical meter room, sub-station, receiving stationYes27%
Aggregate area of recreational Open SpaceYes0%
Open ParkingNoNot applicable

Parking filed728

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 slots728
Closed/Covered728

Land and ownership1

MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area1,661 sq m
Land owned byNot the promoter
Named landowners1
LandownerVillageDistrict
KNOWLEDGE CITY EDUCATION PVT LTDPune (M Corp.)Pune

Approvals and building plan

Sanctioning authorityPune Metropolitan Region Development Authority (PMRDA)
Permissible FSI27316.71
Proposed, not sanctioned27,317 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 branchJ B NAGAR ANDHERI WEST MUMBAI
Estimated costRs 153.40 cr
Cost incurredRs 151.64 cr
Work done98.85%
BuildingWingEstimatedIncurred
TOWER 3NARs 125.73 crRs 125.63 cr
-NARs 27.67 crRs 26.00 cr

Certifying professionals and partners9

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

RoleName
ArchitectKAPADIA ASSOCIATES DESIGN LLP
ArchitectCRYSTAL ARCH
ArchitectSALEEL DESHPANDE
ArchitectParag Deshpande
ArchitectSalleel Deshpande
EngineerAJIT KULKARNI
Chartered AccountantBhavesh Nagda
Chartered AccountantHarshad Doshi & Co.
Chartered AccountantPOOJA BOOB
PartnerRole in project
IMAGE REALTY PRIVATE LIMITED-

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EA23122518950Dec 2025 → Dec 2026

Reason as filed by the promoterThe project “VANAHA SPRINGS T3 ASPEN” (MahaRERA Registration No. P52100030086) was registered with MahaRERA on 29/07/2021, with validity granted up to 31/12/2025 under Section 5 of the Real Estate (Regulation and Development) Act, 2016. The project forms part of the larger township “Vanaha”, located at Village Lavale, Taluka Mulshi, District Pune, spread over approximately 953 acres. The Promoter, IMAGE REALTY LLP, is developing VANAHA - SPRINGS, comprising three towers namely Willow, Cedar, and Aspen, along with podium structures and retail units as per sanctioned plans. The specific project

Litigation declared3

CaseCourtStatus
940/2022Civil Court Senior Division PunePending for Issues
291/2022District and Session Court PunePending for Orders
940/2022Civil CourtOngoing

Complaints filed with MahaRERA1

Case no.ComplainantRespondentFiled
CC12603085Kavitha K VIMAGE REALTY PRIVATE LIMITED24/05/2026

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.

  1. Legal title reportOn the file

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

    uploaded 18 Feb 2024
  2. Layout approvalOn the file

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

    uploaded 15 Jul 2021
  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 12 May 2026
  4. Commencement CertificateOn the file

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

    uploaded 15 Jul 2021Confirm 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 2026

Documents filed140

As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 140 are shown. 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
Form 2A (FY 2025-2026)File: ASPEN 2026.pdf9 Jun 2026
Building plan approvalFile: HIGHLIGHTED PLAN.pdf12 May 2026
Building plan approvalFile: 02_73 PARKING.pdf12 May 2026
Building plan approvalFile: 03_73 PARKING.pdf12 May 2026
Building plan approvalFile: 28_73 T3.pdf12 May 2026
Building plan approvalFile: 29_73 T3.pdf12 May 2026
Building plan approvalFile: 30_73 T3.pdf12 May 2026
Building plan approvalFile: 31_73 T3.pdf12 May 2026
Building plan approvalFile: 32_73 T3.pdf12 May 2026
Building plan approvalFile: 33_73 T3.pdf12 May 2026
Building plan approvalFile: 34_73 T3.pdf12 May 2026
Building plan approvalFile: 35_73 T3.pdf12 May 2026
Building plan approvalFile: 36_73 T3.pdf12 May 2026
Declaration and undertaking (Annexure A)File: 37_73 T3.pdf12 May 2026
Building plan approvalFile: 38_73 T3.pdf12 May 2026
Withdrawal Update Form 1File: Architect Certificate ASPEN 31 03 2026.pdf20 Apr 2026
Withdrawal Update Form 2File: Engineer Certificate ASPEN 31 03 2026.pdf20 Apr 2026
Withdrawal Update Form 3File: 20260331 RERA Certificate OCR 12 T3 Aspen - RERA.pdf20 Apr 2026
Withdrawal Update Form 1File: ARCHITECT ASPEN 31 12 2025.pdf10 Feb 2026
Withdrawal Update Form 2File: ASPEN_Eng Cert 31 12 2025.pdf10 Feb 2026
Withdrawal Update Form 3File: 20251231 RERA Certificate OCR 12 T3 Aspen - RERA.pdf10 Feb 2026
Withdrawal Update Form 1File: Form 1 Sep 2025.pdf23 Dec 2025
Withdrawal Update Form 2File: Form 2 Sep 2025.pdf23 Dec 2025
Withdrawal Update Form 3File: Form 3 Sep 2025.pdf23 Dec 2025
Form 5 (FY 2024-2025)File: Form 5 OCR 12 T3 Aspen.pdf30 Sep 2025
Form 1File: VANAHA SPRINGS T3 ASPEN-R1 28 03 2025.pdf26 Sep 2025
Form 2File: ASPEN.pdf26 Sep 2025
Form 3File: 20250331 RERA Certificate OCR 12 T3 Aspen - RERA.pdf26 Sep 2025
Disclosure of Sold and Booked InventoryFile: Sold-Unsold Inventory_T3.pdf26 Sep 2025
Form 1File: ASPEN 21 01 2025.pdf26 Sep 2025
Form 2File: ASPEN_Eng Cert 31 12 2024.pdf26 Sep 2025
Form 3File: 20241231 RERA Certificate OCR 12 T3 Aspen - RERA.pdf26 Sep 2025
Disclosure of Sold and Booked InventoryFile: Sold-Unsold Inventory_T3.pdf26 Sep 2025
Form 1File: VANAHA SPRINGS T1 ASPEN 19 10 24.pdf26 Sep 2025
Form 2File: ASPEN.pdf26 Sep 2025
Form 3File: 20240930 RERA Certificate OCR 12 T3 Aspen - RERA.pdf26 Sep 2025
Disclosure of Sold and Booked InventoryFile: Sold-Unsold Inventory_T3.pdf26 Sep 2025
Form 1File: Architect -ASPEN_Cert 01 07 2025.pdf25 Aug 2025
Form 2File: ASPEN_Cert 01 07 2025.pdf25 Aug 2025
Form 3File: 20250630 RERA Certificate OCR 12 T3 Aspen - RERA.pdf25 Aug 2025
Disclosure of Sold and Booked InventoryFile: Sold-Unsold Inventory_T3.pdf25 Aug 2025
Disclosure of sold/ booked inventoryFile: Format_Progress Report_Dec 2024_ASPEN.pdf21 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 20241231 RERA Certificate OCR 12 T3 Aspen - RERA.pdf17 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 20250331 RERA Certificate OCR 12 T3 Aspen - RERA.pdf17 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Format_Progress Report_Mar 2025_ASPEN.pdf4 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Format_Progress Report_Dec 2024_ASPEN.pdf9 Jan 2025
Disclosure of sold/ booked inventoryFile: Sold-Unsold Inventory_T3.pdf9 Jan 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5 OCR 12 T3 Aspen.pdf10 Dec 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Format_Progress Report_Sept 2024_ASPEN.pdf21 Oct 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 20240930 RERA Certificate OCR 12 T3 Aspen - RERA.pdf21 Oct 2024
Disclosure of sold/ booked inventoryFile: Sold-Unsold Inventory_T3.pdf21 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ASPEN.pdf18 Jul 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A_Aspen.pdf5 Jul 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: VANAHA SPRINGS T3 ASPEN.pdf18 Apr 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ASPEN.pdf18 Apr 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: AEPEN.pdf18 Apr 2024
Disclosure of sold/ booked inventoryFile: Sold-Unsold Inventory_S T3.pdf18 Apr 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 20240307 RERA Certificate OCR 12 T3 Aspen.pdf18 Apr 2024
Copy of the legal title reportFile: PDF-1329-RERA Report 1187.pdf18 Feb 2024
Copy of the legal title reportFile: PDF-1330-RERA Report 1188.pdf18 Feb 2024
Copy of the legal title reportFile: PDF-1331-RERA Report 1189.pdf18 Feb 2024
Copy of the legal title reportFile: PDF-1328-RERA Report 1198 by 2.pdf18 Feb 2024
Proforma of Agreement for saleFile: RERA AFS OCR 12 - TOWER 3 ASPEN .pdf18 Feb 2024
Proforma of Agreement for saleFile: RERA AFS OCR 12 - SHOP.pdf18 Feb 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ASPEN 18 12 2023.pdf25 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 20230930 RERA Certificate OCR 12 T3 Aspen - RERA_compressed.pdf25 Jan 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Format_Progress Report_Sept 2023_ASPEN.pdf22 Jan 2024
Disclosure of sold/ booked inventoryFile: Sold-Unsold Inventory_T3.pdf22 Jan 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Progress Report_Sept 2023_ASPEN.pdf9 Oct 2023
Disclosure of sold/ booked inventoryFile: Sold-Unsold Inventory_ASPEN.pdf9 Oct 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ASPEN.pdf30 Sep 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ASPEN.pdf30 Sep 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 20230911 RERA Certificate OCR 12 T3 Aspen - RERA_compressed.pdf30 Sep 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5_ASPEN.pdf28 Sep 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A_T3.pdf13 Jul 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: ASPEN.pdf13 Jul 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Progress Report_June 2023_ASPEN.pdf4 Jul 2023
Disclosure of sold/ booked inventoryFile: Sold-Unsold Inventory_T3.pdf4 Jul 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ASPEN.pdf30 Jun 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ASPEN.pdf30 Jun 2023

Promoter's earlier projects4

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.

4 delivered on promise
ProjectLocationFlatsRegisteredStatusPromisedDelivered
YAHAVI-TOWER-3-TEAKP52100028033OXFORD GOLF COURSE, Pune218Jan 2021CompletedJun 2024Jun 2024
YAHAVI-TOWER-2-PINEP52100028082OXFORD GOLF COURSE, Pune218Jan 2021CompletedJun 2024Jun 2024
YAHAVI-TOWER-1-OAKP52100028031OXFORD GOLF COURSE, Pune218Jan 2021CompletedJun 2024Jun 2024
YAHAVI RETAILP52100031784OXFORD GOLF COURSE, Pune19Nov 2021CompletedJun 2024Jun 2024

How this compares with Pune

96%of this project is bookeddistrict median 31%
26%of Pune projects moved their completion datethis one moved by 12 months
26%of Pune registrations have lapsed or been cancelledthis one is on the register

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.

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How alerts work

Other projects near OXFORD GOLF RESORT13,700+ in Pune

2 kmVANAHA SPRINGS T3 ASPENCompleted 5Other 7Dot size: filed unitsN

Filed coordinates, straight-line distance. 12 registered projects within 2 km.

Builder: IMAGE REALTY PRIVATE LIMITED

IMAGE REALTY PRIVATE LIMITED has 10 registrations on MahaRERA, including VANAHA SPRINGS T1 WILLOW and VANAHA SPRINGS T2 CEDAR. Its filings disclose 4 earlier MahaRERA projects: declares 4 of 4 past projects completed on time. Litigation is declared on 5 of its registrations. Read the full track record. See more projects on the Pune district page.

Frequently asked questions

What are my rights if VANAHA SPRINGS T3 ASPEN is delayed beyond 31 Dec 2026?

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 VANAHA SPRINGS T3 ASPEN?

The registered promoter entity is IMAGE REALTY PRIVATE LIMITED, a company as per the filing. Its CIN U68200MH2026PTC465298 and GSTIN 27AAICI6208F1ZM 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 VANAHA SPRINGS T3 ASPEN?

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 VANAHA SPRINGS T3 ASPEN?

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 VANAHA SPRINGS T3 ASPEN?

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 VANAHA SPRINGS T3 ASPEN?

The professionals named in the filing: Architect: KAPADIA ASSOCIATES DESIGN LLP; Architect: CRYSTAL ARCH; Architect: SALEEL DESHPANDE; Architect: Parag Deshpande; Architect: Salleel Deshpande; Engineer: AJIT KULKARNI. 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 VANAHA SPRINGS T3 ASPEN?

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; how the declared litigation on this registration affects your risk; 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.

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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