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VELVET VISTA
RG-MH-33386 · RERA PR1260002500736 · Last updated on MahaRERA portal: 1 May 2026
Source: official MahaRERA filing
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Red flags
- 2 complaints at MahaRERA
Clear
- No litigation declared
- Completion date never moved
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
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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VELVET VISTA is a Residential / Group Housing project by SHUBHARAMBH REALTY in Pune, Maharashtra, registered with MahaRERA as PR1260002500736 on 10 Sep 2025. Possession is promised by 31 Dec 2027. 0 of the 6 units on this registration are recorded sold or booked, and 2 of 8 construction stages are filed complete. 2 complaints are on record with the regulator.
At a glance
Project
- NameVELVET VISTA
- TypeResidential / Group Housing
- Location
- SR. 128/3 PLOT NO 145
- BANER
- Haveli
- Pune
- 411045
- Pincode411045
- MapView location on Google Maps (as filed on RERA)
- RERA no.PR1260002500736
- ReraGenie IDRG-MH-33386
Builder
- NameSHUBHARAMBH REALTY
- Entity typePartnership
- GSTIN27AFIFS6727H1ZK
- PartnersPRAJAKTA PRASHANT UGALE, MURLIDHAR BHAGWAN AMBAD, PRAVIN EKNATH KAMBLE, TEJAS ABASAHEB MASKE, SHANTARAM LAXMAN LAVANDE
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on10 Sep 2025
- Promised completion31 Dec 2027
- Revised completionNone
- Buildings1 building record
- Documents filed12 files
Current status
Figures as on 1 May 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| VELVET VISTA | NA | 4 | 3 | 6 | 0 | 6 |
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 1 May 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 50%.
VELVET VISTA: 36% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | Not applicable |
| Podiums (if any) | Not applicable |
| Plinth | 100% |
| Stilt Floor | Not applicable |
| Slabs of Super Structure | 50% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 15% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 25% |
| 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 1 May 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 | Not applicable |
| 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 | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | 0% |
| Solid Waste Management And Disposal | No | 0% |
| 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 | Not applicable |
| Open Parking | No | Not applicable |
Parking filed12
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
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.
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 |
|---|---|---|---|
| VELVET VISTA | NA | Rs 2.50 cr | Rs 1.13 cr |
| - | NA | Rs 10.00 lakh | - |
Certifying professionals and partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | MANGESH GOTAL |
| Engineer | ASHOK KSHIRSAGAR |
| Chartered Accountant | PANKAJ SHANTILAL DOBHADA |
| Chartered Accountant | AKSHAY NARLEWAR |
| Partner | Role in project |
|---|---|
| SHUBHARAMBH REALTY | - |
Complaints filed with MahaRERA2
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| SM12600419 | Ram Gawali | SHUBHARAMBH REALTY | 19/06/2026 |
| SM12600423 | Ram Gawali | SHUBHARAMBH REALTY | 19/06/2026 |
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 28 Jun 2025 - 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 2027
Documents filed12
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: Form1_4th Quarter_25-26.pdf | 1 May 2026 |
| Withdrawal Update Form 2File: Form2_4thQuarter_25-26_compressed.pdf | 1 May 2026 |
| Withdrawal Update Form 3File: Form3_4th Quarter_25-26.pdf | 1 May 2026 |
| Withdrawal Update Form 1File: Form1 3rd quarter.pdf | 22 Feb 2026 |
| Withdrawal Update Form 2File: Form2 3rd quarter .pdf | 22 Feb 2026 |
| Withdrawal Update Form 3File: Form3 3rd quarter_compressed.pdf | 22 Feb 2026 |
| Withdrawal Update Form 1File: Form1_28-10-2025.pdf | 2 Nov 2025 |
| Withdrawal Update Form 2File: Form-2_28-10-25.pdf | 2 Nov 2025 |
| Withdrawal Update Form 3File: Form3_28-10-25_compressed.pdf | 2 Nov 2025 |
| Declaration and undertaking (Annexure A)File: Order 50 Declaration Cum Undertaking.pdf | 21 Jul 2025 |
| Building plan approvalFile: PMC_Sanctioned_Plan_compressed.pdf | 28 Jun 2025 |
| Building plan approval or NA orderFile: NA order.pdf | 28 Jun 2025 |
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Buyer report
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- 1 condition on this project's record read and explained, with the clear checks alongside
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- All 12 filed documents as one ZIP, foldered, with a manifest
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Project watch
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- Plain words, conditions that have happened marked in red
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Filed coordinates, straight-line distance. 389 registered projects within 2 km.
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Builder: SHUBHARAMBH REALTY
SHUBHARAMBH REALTY has 1 registration on MahaRERA, including VELVET VISTA. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What are my rights if VELVET VISTA is delayed beyond 31 Dec 2027?
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 VELVET VISTA?
The registered promoter entity is SHUBHARAMBH REALTY, a partnership as per the filing. Its GSTIN 27AFIFS6727H1ZK 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 VELVET VISTA?
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 VELVET VISTA?
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 VELVET VISTA?
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 VELVET VISTA?
The professionals named in the filing: Architect: MANGESH GOTAL; Engineer: ASHOK KSHIRSAGAR; Chartered Accountant: PANKAJ SHANTILAL DOBHADA; Chartered Accountant: AKSHAY NARLEWAR. 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 VELVET VISTA?
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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