Home / Browse projects / Pune, Maharashtra / Vertical Alcinia Phase II
Vertical Alcinia Phase II
RG-MH-20968 · RERA P52100012117 · Last updated on MahaRERA portal: 23 May 2025
Source: official MahaRERA filing
Red flags
- 1 complaint at MahaRERA
- Completion date moved by 22 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.
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Vertical Alcinia Phase II is a Residential / Group Housing project by Hasthshilp Reality in Pune, Maharashtra, registered with MahaRERA as P52100012117 on 1 Sep 2017. The registration is recorded completed; possession was promised by 20 Oct 2022. The completion date has moved by 22 months from the original filing. 1 complaint is on record with the regulator.
At a glance
Project
- NameVertical Alcinia Phase II
- TypeResidential / Group Housing
- Location
- Mohammadwadi
- Haveli
- Pune
- 411028
- Pincode411028
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100012117
- ReraGenie IDRG-MH-20968
Builder
- NameHasthshilp Reality
- Entity typePartnership
- PartnersVikram Achal Palesha, Vertical Promoters LLP
- Other registrations2 more →
- Completed2 of 3
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on1 Sep 2017
- Promised completion20 Oct 2022
- Revised completionRevised to 20 Oct 2022 (originally 30 Dec 2020)
- Buildings1 building record
- Documents filed60 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Building B | NA | 17 | 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 23 May 2025, 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.
11 of 11 construction stages are filed complete.
Building B: 100% 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 | 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 23 May 2025, 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 | 100% |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | No | Not applicable |
| Street Lighting | Yes | 100% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 100% |
| Solid Waste Management And Disposal | Yes | 100% |
| Water conservation /Rain water harvesting | Yes | 100% |
| Energy managemcnt | Yes | 100% |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed54
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 ownership15
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 |
|---|---|---|
| Shivaji Babanrao Ghule | MOHAMMADWADI | Pune |
| Nanda Shivaji Ghule | MOHAMMADWADI | Pune |
| Shailesh Shivaji Ghule | MOHAMMADWADI | Pune |
| Reshma Santosh Pawar | Baner | Pune |
| Sushma Dattatraya Takai | MOHAMMADWADI | Pune |
| Vikrant Manohar Ghule | MOHAMMADWADI | Pune |
| Supriya Sambhaji Ghule | MOHAMMADWADI | Pune |
| Vaishali Manohar Ghule | MOHAMMADWADI | Pune |
| Ashok Kaluram Ghule | MOHAMMADWADI | Pune |
| Lalita Ashok Ghule | MOHAMMADWADI | Pune |
| Alka Valmik Jadhav | YAWALEWADI | Pune |
| Sindhubai Kaluram Ghule | MOHAMMADWADI | Pune |
| Balu Babu Ghule | MOHAMMADWADI | Pune |
| Patil Balu Ghule | MOHAMMADWADI | Pune |
| Savita Patil Ghule | MOHAMMADWADI | 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 partners2
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Tripti Gupta Hawaldar |
| Engineer | Sunil Muitalik and Associates |
| Partner | Role in project |
|---|---|
| Hasthshilp Reality | - |
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 promoterDue to the ongoing COVID-19 Pandemic and the severe adverse impact it has had on the Real Estate Sector, partly due to the efflux of migrant workers etc. the said project will be completed on or before 30.12.2021 and we are therefore applying to the Maharashtra Real Estate Regulatory Authority for a further extension of the Registration granted to us in respect of the said Project up to 30.12.2021. We request you to kindly consider our plea for extension of RERA registration for a further period of 12 months up to 30.12.2021.
Reason as filed by the promoterWe, M/s. Hasthshilp Reality, hereby declare the following with respect to the project Vertical Alcinia Phase II bearing registration number. P52100012117 registered under MahaRERA. The delay in the completion of the real estate project has been primarily caused by a delay in OC. The project is 100% completed, we received the Occupation Certificate (OC) on 20 October 2022 and we have initiated the process for the possession as well, hence we won't be required to upload consents. To provide assurance and facilitate a smooth completion process, we are closely monitoring the remaining activities,
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC005000000106426 | Ruturaj Chandrakant Shinde | M/S. Hastshilp Realty | 31/12/2021 |
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 30 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 7 Sep 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 7 Sep 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 30 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 27 Mar 2025
Documents filed60
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 |
|---|---|
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect form - RERA Certificate Alcinai Phase II (1).pdf | 23 May 2025 |
| Certificates of CA (Form 5)File: Phase - II - FORM - 5 - 17-18.pdf | 23 May 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Phase - II - FORM - 5 - 18-19.pdf | 23 May 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Phase - II - FORM - 5 - 19 20.pdf | 23 May 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Phase - II - FORM - 5 - 1 20 -21-compressed.pdf | 23 May 2025 |
| Declaration in FORM BFile: Phase - II - Affidavit cum Declaration.pdf | 23 Apr 2025 |
| Declaration about Commencement CertificateFile: Phase - II - Declaration about Commencement Certificate.pdf | 23 Apr 2025 |
| CERSAI detailsFile: Phase - II - Cersai Declaration.pdf | 23 Apr 2025 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: Phase - II - Declaration about saperate bank accounrt.pdf | 23 Apr 2025 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Phase - II - Disclosure of Interest in other Real Estate Organisation.pdf | 23 Apr 2025 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: efewff.pdf | 27 Mar 2025 |
| Architect’s Certificate on Completion of Project (Form 4)File: 0.pdf | 21 Dec 2024 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: B - Wing Society Registration Certificate.pdf | 21 Dec 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Completion Certificate - B - Wing.pdf | 5 Nov 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: 2 Certificates of CA (Form 5) (1).pdf | 14 Sep 2023 |
| Details of encumbrancesFile: Non Encumbrance Certificate.pdf | 8 Feb 2022 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1.pdf | 8 Feb 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2.pdf | 8 Feb 2022 |
| Certificates of CA (Form 3)File: Form 3.pdf | 8 Feb 2022 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: Declaration Association of allottee.pdf | 8 Feb 2022 |
| Status of ConveyanceFile: Declaration conveyance deed.pdf | 8 Feb 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5.pdf | 20 Oct 2021 |
| Details of encumbrancesFile: Encumbarance Certificate.pdf | 9 Oct 2021 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 2- Engineer Certificate.pdf | 9 Oct 2021 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1.pdf | 9 Oct 2021 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2- Engineer Certificate.pdf | 9 Oct 2021 |
| Certificates of CA (Form 3)File: Form 3- CA certificate.pdf | 9 Oct 2021 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: Declaration Association of Allottee.pdf | 9 Oct 2021 |
| Status of ConveyanceFile: Decalaration-Conveyance Deed.pdf | 9 Oct 2021 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1.pdf | 18 Sep 2021 |
| Details of encumbrancesFile: Encumbarance Certificate.pdf | 8 Sep 2021 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Certificate Phase II.pdf | 8 Sep 2021 |
| Certificates of CA (Form 3)File: Form 3.pdf | 8 Sep 2021 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: Status of association of allottee.pdf | 8 Sep 2021 |
| Status of ConveyanceFile: Status of Conveyance deed.pdf | 8 Sep 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: HR PHASE 2.pdf | 12 Apr 2021 |
| Certificates of CA (Form 5)File: VERTICLE ALCINIA PHASE 2 (1).pdf | 30 Sep 2019 |
| Certificates of CA (Form 5)File: Phase II.pdf | 28 Sep 2018 |
| Layout approvalFile: Master layout.pdf | 7 Sep 2017 |
| Building plan approvalFile: B wing.pdf | 7 Sep 2017 |
| Copy of Layout Approval (in case of layout)File: Master layout.pdf | 7 Sep 2017 |
| Building Plan Approval (IOD)File: B wing.pdf | 7 Sep 2017 |
| Building plan approvalFile: FLOOR PLAN.pdf | 30 Jul 2017 |
| Building plan approvalFile: SECTION ELEVATION.pdf | 30 Jul 2017 |
| Layout approvalFile: LAYOUT.pdf | 30 Jul 2017 |
| PAN CardFile: PAN- Hasthshilp.pdf | 30 Jul 2017 |
| Copy of the legal title reportFile: serch report 1.pdf | 30 Jul 2017 |
| Copy of the legal title reportFile: serch report 2.pdf | 30 Jul 2017 |
| Copy of the legal title reportFile: Search report.pdf | 30 Jul 2017 |
| Details of encumbrancesFile: ENCUMBRANCE CERTIFICATE.pdf | 30 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: LAYOUT.pdf | 30 Jul 2017 |
| Building Plan Approval (IOD)File: FLOOR PLAN.pdf | 30 Jul 2017 |
| Building Plan Approval (IOD)File: SECTION ELEVATION.pdf | 30 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf | 30 Jul 2017 |
| Declaration in FORM BFile: FORM B.pdf | 30 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate Phase II.PDF | 30 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 - Building B Alcinia.pdf | 30 Jul 2017 |
| Certificates of CA (Form 3)File: CA Certificate.PDF | 30 Jul 2017 |
| Proforma of Allotment letterFile: DRAFT AGREEMENT - B - WING.pdf | 30 Jul 2017 |
| Proforma of Allotment letterFile: ALLOTMENT LETTER - B - WING.pdf | 30 Jul 2017 |
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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 2 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 60 filed documents as one ZIP, foldered, with a manifest
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Builder: Hasthshilp Reality
Hasthshilp Reality has 3 registrations on MahaRERA, including Vertical Alcinia Phase I and Vertical Alcinia Phase II. 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 Vertical Alcinia Phase II is delayed beyond 20 Oct 2022?
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 Vertical Alcinia Phase II?
The registered promoter entity is Hasthshilp Reality, 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 Vertical Alcinia Phase II?
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 Vertical Alcinia Phase II?
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 Vertical Alcinia Phase II?
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 Vertical Alcinia Phase II?
The professionals named in the filing: Architect: Tripti Gupta Hawaldar; Engineer: Sunil Muitalik and Associates. 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 Vertical Alcinia Phase II?
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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