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Completed No litigation declared Residential / Group Housing project

Vision Ace MHADA

By VISION ACE

RG-MH-16452 · RERA P52100026135 · Last updated on MahaRERA portal: 8 Dec 2023

Source: official MahaRERA filing

Red flags

  • 1 extension taken

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form
  • Recorded completed on MahaRERA

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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Oct 2022Possession promisedregistration recorded completed
6 of 11Construction stages donefurthest along: Internal walls, 50%
0Complaints at MahaRERAon this registration
Jump to the 35 documents Report an error

Vision Ace MHADA is a Residential / Group Housing project by VISION ACE in Pune, Maharashtra, registered with MahaRERA as P52100026135 on 21 Aug 2020. The registration is recorded completed; possession was promised by 30 Oct 2022.

At a glance

Project

  • NameVision Ace MHADA
  • TypeResidential / Group Housing
  • Location
    • AKSHRA SCHOOL ROAD
    • OPP INDIRA SCHOOL NEAR AKSHRA SCHOOL TATHAWADE
    • Tathwade
    • Mulshi
    • Pune
    • 411033
  • Pincode411033
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100026135
  • ReraGenie IDRG-MH-16452

Builder

  • NameVISION ACE
  • Entity typeOthers
  • Named personsANUP JHAMTANI, SURESH HOTCHAND CHABRIYA, ACE ASSOCIATES, VISION EARTH, GOLDSTONE STRUCTURE
  • Other registrations3 more →
  • Completed3 of 4
  • Past their filed date1

Key dates

this monthRegisteredAug 2020PromisedOct 2022Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on21 Aug 2020
  • Promised completion30 Oct 2022
  • Revised completionNone
  • Buildings1 building record
  • Documents filed35 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
WING GNA130000

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 8 Dec 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.

6 of 11 construction stages are filed complete. The stage furthest along is Internal walls, at 50%.

WING G: 59% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises50%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
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 8 Dec 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 facilityProposedProgress
Internal Roads & FootpathsYes0%
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingYes0%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes0%
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes0%
Energy managemcntYes0%
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed1

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 slots1
Closed/Covered1

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.

Land area1,255 sq m
Land owned byThe promoter, with other names on the file
Named landowners15
LandownerVillageDistrict
RAMESH TUKARAM SHINDETathwadePune
SHRIMATI CHANDRABHAGA TUKARAM SHINDETathwadePune
ARUNA PANDRINATH SORTETathwadePune
MEENA VINAYAK BHONDAVETathwadePune
GULAB NARAYAN SHINDETathwadePune
SURESH TUKARAM SHINDETathwadePune
VILAS MURLIDHAR BHONDAVETathwadePune
JAGDISH CHAMPALAL VARMATathwadePune
RADHESHYAM CHAMPALAL VARMATathwadePune
PRALHAD GULABCHAND VARMATathwadePune
GHANASHAM CHAMPALAL SHARMATathwadePune
HARISH JAWAHARMAL VARMATathwadePune
DHEERAJ JAWAHARMAL VARMATathwadePune
RAMESH AMARCHAND VARMATathwadePune
PADMCHAND AMARCHAND VARMATathwadePune

Approvals and building plan

Permissible FSI2221.19
Proposed, not sanctioned2,221 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 branchROHIT BUILDING, JM ROAD, DECCAN GYMKHANA, PUNE

Certifying professionals and partners3

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

RoleName
ArchitectHRISHIKESH KULKARNI
EngineerKAILAS BADGUJAR
Chartered AccountantRAVI TALREJA & ASSOCIATES
PartnerRole in project
VISION ACE-

Extensions applied for1

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

EXT52100012817Oct 2022 → Oct 2023

Reason as filed by the promoterIn the current pandemic COVID-19, there has been lockdown at certain intervals declared either by the central government (March 2020 to July 2020) or state government (April 15 2021 to May 31 2021). Due to this, there has been a big challenge for the availability of labour and materials for the construction site. Thus the work of the project has been severally impacted.

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 reportOn the file

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

    uploaded 7 Aug 2020
  2. Layout approvalOn the file

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

    uploaded 7 Aug 2020
  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 7 Aug 2020
  4. Commencement CertificateOn the file

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

    uploaded 7 Aug 2020Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 6 Jul 2023

Documents filed35

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
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Signed Form 5_FY 2022-23_Mhada.pdf8 Dec 2023
Architect’s Certificate on Completion of Project (Form 4)File: Form 4 Vision Ace Mhada.pdf17 Jul 2023
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Part Completion C G.pdf6 Jul 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Vision Ace Mhada F-3.pdf19 Jun 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Vision Ace Mhada Form 5 21-22.pdf19 Jun 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Signed Form 3- MHADA_11zon.pdf21 Apr 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Signed Form 5_Mhada_11zon.pdf21 Apr 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: mhada.pdf19 Apr 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Vision Mhada.pdf7 Apr 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Vision Mhada_SIGNED.pdf7 Apr 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Mhada Vision Ace.pdf18 Jan 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Mhada Vision Ace.pdf18 Jan 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Vision Ace Mhada.pdf9 Jan 2023
Disclosure of sold/ booked inventoryFile: Disclosure sold inventory.pdf1 Nov 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Wing G Mhada.pdf18 Oct 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: VISION ACE MHADA.pdf12 Oct 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Wing G Mhada.pdf12 Oct 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: RERA Certificate Wing-G (MHADA).pdf29 Jul 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 VISION ACE MHADA.pdf20 Jul 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: VISION ACE MHADA.pdf20 Jul 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Vision Ace G Wing 160721.PDF7 Sep 2021
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Vision Ace G Wing 160721.PDF7 Sep 2021
Layout approvalFile: Masterlayout Plan.pdf7 Aug 2020
Building plan approvalFile: Building Plan Approval.pdf7 Aug 2020
PAN CardFile: PAN CARD.pdf7 Aug 2020
Copy of the legal title reportFile: Title and Search Report.pdf7 Aug 2020
Details of encumbrancesFile: Details of encumbrances.pdf7 Aug 2020
Copy of Layout Approval (in case of layout)File: Masterlayout Plan.pdf7 Aug 2020
Building Plan Approval / NA Order for plotted developmentFile: Building Plan Approval.pdf7 Aug 2020
Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificates.pdf7 Aug 2020
Declaration in FORM BFile: Declaration in FORM B.pdf7 Aug 2020
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 200629 - RERA Architect Certificate Wing-G (MHADA) scanned copy.pdf7 Aug 2020
Proforma of Allotment letterFile: allotment letter and agreement for sale.pdf7 Aug 2020
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: AOP vision Ace rera cert.pdf1 Aug 2020
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2 of vision ace MAHDA.pdf31 Jul 2020

How this compares with Pune

26%of Pune projects moved their completion datethis one has not
26%of Pune registrations have lapsed or been cancelledthis one is completed

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 OPP INDIRA SCHOOL NEAR AKSHRA SCHOOL TATHAWADE13,700+ in Pune

2 kmVision Ace MHADACompleted 125Lapsed / revoked 43Other 89Dot size: filed unitsN

Filed coordinates, straight-line distance. 257 registered projects within 2 km.

Builder: VISION ACE

VISION ACE has 4 registrations on MahaRERA, including VISION ACE PHASE 1 and VISION ACE 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 Vision Ace MHADA is delayed beyond 30 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 Vision Ace MHADA?

The registered promoter entity is VISION ACE, an others 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 Vision Ace MHADA?

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 Vision Ace MHADA?

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 Vision Ace MHADA?

The professionals named in the filing: Architect: HRISHIKESH KULKARNI; Engineer: KAILAS BADGUJAR; Chartered Accountant: RAVI TALREJA & 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 Vision Ace MHADA?

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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