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Vermont
RG-MH-09625 · RERA P52100001456 · Last updated on MahaRERA portal: 25 Jan 2023
Source: official MahaRERA filing
Red flags
- 3 complaints at MahaRERA
- Completion date moved by 18 months
- 1 extension 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.
Vermont is a Others project by SIA Developers in Pune, Maharashtra, registered with MahaRERA as P52100001456 on 28 Jul 2017. The registration is recorded completed; possession was promised by 29 Dec 2020. The completion date has moved by 18 months from the original filing. 3 complaints are on record with the regulator.
At a glance
Project
- NameVermont
- TypeOthers
- Location
- BIAF ROAD
- Moze Engineering College
- WAGHOLI
- Haveli
- Pune
- 412207
- Pincode412207
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100001456
- ReraGenie IDRG-MH-09625
Builder
- NameSIA Developers
- Entity typePartnership
- PartnerSagar Rikhablal Bhandari
- Declared earlier projects2 →
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on28 Jul 2017
- Promised completion29 Dec 2020
- Revised completionRevised to 29 Dec 2020 (originally 30 Jun 2019)
- Buildings3 building records
- Documents filed46 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| B | NA | 13 | 0 | 0 | 0 | 0 |
| C | NA | 12 | 0 | 0 | 0 | 0 |
| Commercial | NA | 4 | 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 building3
As on 25 Jan 2023, 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.
24 of 33 construction stages are filed complete across 3 buildings. The stage furthest along is External plumbing and external plaster, at 90%.
B87%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| 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 | 60% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| 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. | 100% |
C67%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 60% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 75% |
| 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. | 10% |
Commercial91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| 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 | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| 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. | 100% |
Progress on shared amenities15
As on 25 Jan 2023, 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 | 90% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 95% |
| Storm Water Drains | Yes | 95% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | Yes | 50% |
| Community Buildings | Yes | 100% |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 100% |
| Solid Waste Management And Disposal | Yes | 100% |
| Water conservation /Rain water harvesting | Yes | 75% |
| Energy managemcnt | Yes | 50% |
| Fire protection and fire safety requirements | Yes | 95% |
| Electrical meter room, sub-station, receiving station | Yes | 80% |
| Aggregate area of recreational Open Space | Yes | 100% |
| Open Parking | Yes | 0% |
Parking filed188
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 | Closed/Covered | Open Space | Total |
|---|---|---|---|
| B | 76 | 10 | 86 |
| C | 79 | 0 | 79 |
| Commercial | 23 | 0 | 23 |
Land and ownership5
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.
| Landowner | Village | District |
|---|---|---|
| Ashwini Gaikwad | Pune (M Corp.) | Pune |
| Kamal Gaikwad | Pune (M Corp.) | Pune |
| Kaustubh Jadhav | - | Pune |
| Ranghnath Gaikwad | Pune (M Corp.) | Pune |
| Vivek Gaikwad | Pune (M Corp.) | 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.
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 | Ar. Vikas Achalkar |
| Engineer | M/s. G. A. Bhilare Consultants Pvt. Ltd. |
| Engineer | Sachin Maruti Yadav |
| Partner | Role in project |
|---|---|
| SIA Developers | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoter1. When we initiated sale of said project there was substantial quantum of new flat bookings on regular basis. During last one year there was significant reduction in number of bookings which in turn affected cash flow of the project causing delay in completing construction activities. 2.These are compelling circumstances and reasons which are beyond our control because of which we were unable complete the project during stipulated time frame.
Litigation declared1
| Case | Court | Status |
|---|---|---|
| PDF CC NO 359/2015 | State Forum Consumer Court | Evidence |
Complaints filed with MahaRERA3
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC005000000023170 | Praful Pandurang Ghagi | Sia Developers | 03/07/2019 |
| CC005000000033469 | Nishnat Mathais | Sia Developers | 26/09/2019 |
| CC005000000033585 | Amol Nivratirao Jadhav | Sia Developers | 31/10/2019 |
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 25 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 6 Dec 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 6 Dec 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 25 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 4 Jun 2020
Documents filed46
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 |
|---|---|
| Status of Formation of Legal Entity (Society/Co Op etc.)File: Society Registration Certificate - BA Vermont.pdf | 25 Jan 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5 - Sia Developers - B A Vermont.pdf | 12 Mar 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Form 5 Sia Developers.pdf | 13 Jul 2021 |
| Details of Restarting of Construction work post lockdownFile: vermont.pdf | 18 Jun 2020 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Vermont C Hub.pdf | 4 Jun 2020 |
| Certificates of CA (Form 5)File: Form 5 Sia Developers.pdf | 1 Oct 2019 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Vemont B-compressed.pdf | 30 Sep 2019 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Vermont Comm-compressed.pdf | 30 Sep 2019 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Vemont B-compressed.pdf | 30 Sep 2019 |
| Architect’s Certificate on Completion of Project (Form 4)File: Vermont B Form 04.pdf | 30 Sep 2019 |
| Architect’s Certificate on Completion of Project (Form 4)File: Vermont Comm Form 04.pdf | 30 Sep 2019 |
| OtherFile: Completion Certificate min.pdf | 14 Jan 2019 |
| Certificates of CA (Form 5)File: Form 5 ( UT ) - Sia Developers.pdf | 29 Sep 2018 |
| Building plan approvalFile: Layout R1.pdf | 6 Dec 2017 |
| Layout approvalFile: C Bldg R1.pdf | 6 Dec 2017 |
| Layout approvalFile: Commercial A R1.pdf | 6 Dec 2017 |
| Copy of Layout Approval (in case of layout)File: C Bldg R1.pdf | 6 Dec 2017 |
| Copy of Layout Approval (in case of layout)File: Commercial A R1.pdf | 6 Dec 2017 |
| Building Plan Approval (IOD)File: Layout R1.pdf | 6 Dec 2017 |
| Proforma of Allotment letterFile: BA VERMONT - FLAT AGREEMENT.pdf | 19 Aug 2017 |
| Layout approvalFile: Comm 1A.pdf | 25 Jul 2017 |
| Layout approvalFile: Comm 2.pdf | 25 Jul 2017 |
| Building plan approvalFile: Layout Plan 02.pdf | 25 Jul 2017 |
| Layout approvalFile: Vermont Layout Phase dwg.pdf | 25 Jul 2017 |
| Layout approvalFile: B Bldg 01.pdf | 25 Jul 2017 |
| Layout approvalFile: C Bldg.pdf | 25 Jul 2017 |
| Layout approvalFile: C Bldg02.pdf | 25 Jul 2017 |
| PAN CardFile: sia developers.pdf | 25 Jul 2017 |
| Copy of the legal title reportFile: Final Seach Title Reeport 2017.pdf | 25 Jul 2017 |
| Details of encumbrancesFile: Sia Developers Encumbrance.pdf | 25 Jul 2017 |
| Details of encumbrancesFile: Index II Mortgage Deed - Patel - Sia Developers - June 2015-2-4.pdf | 25 Jul 2017 |
| Details of encumbrancesFile: Index II MORTGAGE DEED MUSLIM BANK-2-3.pdf | 25 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: Vermont Layout Phase dwg.pdf | 25 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: B Bldg 01.pdf | 25 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: C Bldg.pdf | 25 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: C Bldg02.pdf | 25 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: Comm 1A.pdf | 25 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: Comm 2.pdf | 25 Jul 2017 |
| Building Plan Approval (IOD)File: Layout Plan 02.pdf | 25 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: Vemont_Commencement Certificate.pdf | 25 Jul 2017 |
| Declaration in FORM BFile: Affiavit cum declation Sia Developers Final.pdf | 25 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Vermont Architect Certificate.pdf | 25 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Vermont Engineer Certificate01.pdf | 25 Jul 2017 |
| Certificates of CA (Form 3)File: CA Certificate Vermont.pdf | 25 Jul 2017 |
| Proforma of Allotment letterFile: BA VERMONT - RERA.pdf | 25 Jul 2017 |
| Proforma of Allotment letterFile: BA HUB - Flat agreement RERA.pdf | 25 Jul 2017 |
Promoter's earlier projects2
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 | Status | Promised | Delivered |
|---|---|---|---|---|---|
| Vermont PH-I | Wagholi Pune | 236 | Completed | May 2017 | Late, Jul 2017 |
| Ivory | Wagholi Pune | 150 | Completed | Dec 2015 | Oct 2015 |
Comparing a few projects?
You have opened several on ReraGenie. A free account keeps them in one list with their booking and possession figures, and puts two to six of them side by side.
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 every project registered within 2 km, which the RERA portal never shows together
- All 46 filed documents as one ZIP, foldered, with a manifest
Keep Vermont on your shortlist
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Builder: SIA Developers
SIA Developers has 1 registration on MahaRERA, including Vermont. Its filings disclose 2 earlier MahaRERA projects: declares 1 of 2 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 Vermont is delayed beyond 29 Dec 2020?
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 Vermont?
The registered promoter entity is SIA Developers, 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 Vermont?
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 Vermont?
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 Vermont?
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 Vermont?
The professionals named in the filing: Architect: Ar. Vikas Achalkar; Engineer: M/s. G. A. Bhilare Consultants Pvt. Ltd.; Engineer: Sachin Maruti Yadav. 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 Vermont?
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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