Home / Browse projects / Pune, Maharashtra / VTP SIERRA PHASE 3
VTP SIERRA PHASE 3
RG-MH-07440 · RERA P52100076811 · Last updated on MahaRERA portal: 18 Jun 2026
Source: official MahaRERA filing
Or get an email each time it changes, with the project watch
Red flags
- Litigation declared, 2 cases
- Rs 262.00 crore secured on the land, in favour of Capri Global Capital Limited
Clear
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
2 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.
VTP SIERRA PHASE 3 is a Residential / Group Housing project by PRASANNA DEVELOPERS in Pune, Maharashtra, registered with MahaRERA as P52100076811 on 28 Jun 2024. Possession is promised by 30 Jun 2028. 127 of the 152 units on this registration are recorded sold or booked, and 2 of 11 construction stages are filed complete.
At a glance
Project
- NameVTP SIERRA PHASE 3
- TypeResidential / Group Housing
- Location
- Sus
- Mulshi
- Pune
- 411021
- Pincode411021
- RERA no.P52100076811
- ReraGenie IDRG-MH-07440
Builder
- NamePRASANNA DEVELOPERS
- Entity typePartnership
- GSTIN27AAMFM0462A1ZM
- GSTIN is from this promoter's other MahaRERA registrations. This project's own filing does not repeat it.
- PartnersHarish Raoji Patil, Rohan Harish Patil, Bhushan Vilaskumar Palresha
- Other registrations6 more →
- Completed2 of 7
- No longer live1 lapsed, de-registered or revoked
- Declared earlier projects6 →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on28 Jun 2024
- Promised completion30 Jun 2028
- Revised completionRevised to 30 Jun 2028 (originally 30 Jun 2029)
- Buildings1 building record
- Documents filed103 files
Current status
Figures as on 18 Jun 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| TOWER 5 | NA | 31 | 26 | 152 | 0 | 152 |
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 18 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.
2 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 80%.
TOWER 5: 48% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 75% |
| Podiums (if any) | 80% |
| Plinth | 100% |
| Stilt Floor | 80% |
| Slabs of Super Structure | 56% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 12% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 16% |
| 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. | 13% |
Progress on shared amenities15
As on 18 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | Yes | 44% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | Yes | 0% |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | Yes | 0% |
Parking filed240
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 ownership1
MahaRERA does not publish landowner contact details. A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.
| Landowner | Village | District |
|---|---|---|
| Prasanna Developers | Baner | 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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| TOWER 5 | NA | Rs 50.36 cr | Rs 49.01 cr |
| - | NA | Rs 11.97 cr | Rs 7.92 cr |
Certifying professionals and partners6
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | VK design & projects Pvt. Ltd. |
| Engineer | VINAYAK BOGA |
| Engineer | Strudcom Consultants Private Limited. |
| Chartered Accountant | KVMDS & ASSOCIATES |
| Chartered Accountant | SPAK & CO. |
| Chartered Accountant | GMKS & CO. |
| Partner | Role in project |
|---|---|
| PRASANNA DEVELOPERS | - |
Litigation declared2
| Case | Court | Status |
|---|---|---|
| 214/2023 | CJSD, Pune | Ongoing |
| 45/2023 | DDR, Pune | Closed |
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.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 24 Jun 2024 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 25 May 2024 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 25 May 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 25 May 2024Confirm the Commencement Certificate covers the specific floor you are buying. - 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 30 Jun 2028
Documents filed103
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 103 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.
| Document | Uploaded |
|---|---|
| Form 2A (FY 2025-2026)File: VTP SIERRA PHASE 3.pdf | 18 Jun 2026 |
| Withdrawal Update Form 1File: FORM-1 SIERRA PHASE 3.pdf | 20 Apr 2026 |
| Withdrawal Update Form 2File: VTP SIERRA_RERA FORM-2 SIERRA PHASE 3.pdf | 20 Apr 2026 |
| Withdrawal Update Form 3File: FORM-3 SIERRA PHASE 3.pdf | 20 Apr 2026 |
| Withdrawal Update Form 1File: FORM-1 SIERRA PHASE 3 31122025.pdf | 20 Jan 2026 |
| Withdrawal Update Form 2File: FORM-2 SIERRA PHASE 3.pdf | 20 Jan 2026 |
| Withdrawal Update Form 3File: form 3 phase 3_11zon.pdf | 20 Jan 2026 |
| Withdrawal Update Form 1File: FORM 1 SIERRA PHASE 3.pdf | 17 Oct 2025 |
| Withdrawal Update Form 2File: FORM 2 Sierra pHase 3 30092025.pdf | 17 Oct 2025 |
| Withdrawal Update Form 3File: FORM 3 SIERRA PHASE 3_compressed.pdf | 17 Oct 2025 |
| Form 5 (FY 2024-2025)File: FORM 5 SIERRA PHASE 3.pdf | 22 Sep 2025 |
| Form 2A (FY 2024-2025)File: FORM 2A SIEERA PHASE 3.pdf | 24 Jun 2025 |
| Form 1File: Form 1 Sierra Phase 3.pdf | 22 May 2025 |
| Form 2File: Form 2 Sierra Phase 3.pdf | 22 May 2025 |
| Form 3File: From 3 Sierra Phase 3.pdf | 22 May 2025 |
| Disclosure of Sold and Booked InventoryFile: SIERRA PH3 31032025.pdf | 22 May 2025 |
| Form 1File: FORM 1 SIERRA PH 3 30062024.pdf | 7 May 2025 |
| Form 3File: FORM 3 SIERRA PH 3 30062024.pdf | 7 May 2025 |
| Form 1File: FORM 1 SIERRA PH 3 30062024.pdf | 7 May 2025 |
| Form 2File: FORM 3 SIERRA PH 3 30062024.pdf | 7 May 2025 |
| Form 3File: FORM 1 SIERRA PHASE 3 30092024.pdf | 7 May 2025 |
| Disclosure of Sold and Booked InventoryFile: FORM 2 SIERRA PHASE 3 10102024.pdf | 7 May 2025 |
| Form 1File: FORM 1 SIERRA PH 3 30062024.pdf | 7 May 2025 |
| Form 2File: FORM 1 SIERRA PHASE 3 30092024.pdf | 7 May 2025 |
| Form 3File: FORM 2 SIERRA PHASE 3 10102024.pdf | 7 May 2025 |
| Disclosure of Sold and Booked InventoryFile: FORM 3 SIERRA PH 3 30062024.pdf | 7 May 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Sierra Phase 3.pdf | 19 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: From 3 Sierra Phase 3.pdf | 19 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Sierra Phase 3.pdf | 19 Apr 2025 |
| Disclosure of sold/ booked inventoryFile: SIERRA PH3 31032025.pdf | 7 Apr 2025 |
| Declaration in FORM BFile: Revised Form B.pdf | 5 Mar 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 SIERRA PHASE 3 31122024.pdf | 29 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 SIERRA PHASE 3 31122024.pdf | 20 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 SIERRA PHASE 3 31122024.pdf | 20 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: SIERRA PHASE 3 31212024.pdf | 14 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 SIERRA PHASE 3 30092024.pdf | 15 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM- 3 Sierra Phase 3.pdf | 15 Nov 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 SIERRA PHASE 3 10102024.pdf | 15 Nov 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 SIERRA PHASE 3 10102024.pdf | 18 Oct 2024 |
| Disclosure of sold/ booked inventoryFile: SIERRA PH3.pdf | 14 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 SIERRA PH 3 30062024.pdf | 27 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Sierra Phase 3 _Form 3_Jun24_compressed.pdf | 22 Jul 2024 |
| Disclosure of sold/ booked inventoryFile: SIERRA PHASE 3 30062024.pdf | 19 Jul 2024 |
| Copy of the legal title reportFile: TSR_45_1_240624.pdf | 24 Jun 2024 |
| Proforma of Allotment letterFile: AL-revised.pdf | 11 Jun 2024 |
| Proforma of Agreement for saleFile: AFS_VTP Sierra Phase 3 - 11062024.pdf | 11 Jun 2024 |
| Deviation Report with respect to model copy of AgreementFile: AFS DEVIATION_11062024.pdf | 11 Jun 2024 |
| Other - LegalFile: 1963-2015_DA_SHARAD SASAAR.pdf | 11 Jun 2024 |
| Other - LegalFile: 2507-2013_DA_BALU SASAAR_compressed-1-25.pdf | 11 Jun 2024 |
| Other - LegalFile: 2507-2013_DA_BALU SASAAR_compressed-26-49.pdf | 11 Jun 2024 |
| Other - LegalFile: Letter-Prasanaa-2-11062024NEW.pdf | 11 Jun 2024 |
| Other - LegalFile: 7-12 extracts.pdf | 6 Jun 2024 |
| Other - LegalFile: 1370-2011_SD.pdf | 5 Jun 2024 |
| Other - LegalFile: 3883-2013_17 R SKYLARK PROMOTERS SALE DEED.pdf | 5 Jun 2024 |
| Other - LegalFile: 10725-2015_Sale Deed_compressed.pdf | 5 Jun 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 SIERRA PHASE 3 _ REVISED.pdf | 31 May 2024 |
| Other - LegalFile: 2819-2021_SD - Part 1 of 4.pdf | 31 May 2024 |
| Other - LegalFile: 2819-2021_SD - Part 2 of 4.pdf | 31 May 2024 |
| Other - LegalFile: 2819-2021_SD - Part 3 of 4.pdf | 31 May 2024 |
| Other - LegalFile: 2819-2021_SD - Part 4 of 4.pdf | 31 May 2024 |
| Other - LegalFile: 6961-2008_14666 ARE SALMAN MOLUBHOY TO PRASANNA SALE DEED - Part 1 of 7.pdf | 31 May 2024 |
| Other - LegalFile: 6961-2008_14666 ARE SALMAN MOLUBHOY TO PRASANNA SALE DEED - Part 2 of 7.pdf | 31 May 2024 |
| Other - LegalFile: 6961-2008_14666 ARE SALMAN MOLUBHOY TO PRASANNA SALE DEED - Part 3 of 7.pdf | 31 May 2024 |
| Other - LegalFile: 6961-2008_14666 ARE SALMAN MOLUBHOY TO PRASANNA SALE DEED - Part 4 of 7.pdf | 31 May 2024 |
| Other - LegalFile: 6961-2008_14666 ARE SALMAN MOLUBHOY TO PRASANNA SALE DEED - Part 5 of 7.pdf | 31 May 2024 |
| Other - LegalFile: 6961-2008_14666 ARE SALMAN MOLUBHOY TO PRASANNA SALE DEED - Part 6 of 7.pdf | 31 May 2024 |
| Other - LegalFile: 6961-2008_14666 ARE SALMAN MOLUBHOY TO PRASANNA SALE DEED - Part 7 of 7.pdf | 31 May 2024 |
| Other - LegalFile: 8199-2008_ SALE DEED - Part 1 of 3.pdf | 31 May 2024 |
| Other - LegalFile: 8199-2008_ SALE DEED - Part 2 of 3.pdf | 31 May 2024 |
| Other - LegalFile: 8199-2008_ SALE DEED - Part 3 of 3.pdf | 31 May 2024 |
| Other - LegalFile: 16180-2021_SD_NANA SASAR - Part 1 of 2.pdf | 31 May 2024 |
| Other - LegalFile: 16180-2021_SD_NANA SASAR - Part 2 of 2.pdf | 31 May 2024 |
| Other - LegalFile: सुस_10773__फेरफार.pdf | 31 May 2024 |
| Other - LegalFile: सुस_11401__फेरफार.pdf | 31 May 2024 |
| Other - LegalFile: Prasanna Developers - Partnership Declaration (1).pdf | 31 May 2024 |
| Other - LegalFile: SuppPartnership Deed - Prasanna Developers - dt28-08-2021_compressed.pdf | 31 May 2024 |
| Layout approvalFile: SIERRA TOWER 5.pdf | 25 May 2024 |
| Building plan approvalFile: 28-54.pdf | 25 May 2024 |
| Building plan approvalFile: 29-54.pdf | 25 May 2024 |
| Building plan approvalFile: SIERRA TOWER 5 GROUND COVERAGE.pdf | 25 May 2024 |
Promoter's earlier projects3
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 | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|---|
| VTP VerveP52100031556 | Sus, Pune | 701 | Oct 2021 | Ongoing | Dec 2029Registered original: Jun 2026 | Not due yet |
| VTP SIERRA PHASE-2P52100029394 | Sus, Pune | 361 | May 2021 | Ongoing | Dec 2026Registered original: Dec 2025 | Not due yet |
| VTP Sierra Phase1P52100028378 | Sus, Pune | 515 | Feb 2021 | Ongoing | Jun 2026 | Not delivered |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 6 other registrations, which the RERA portal never shows together
- All 103 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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- Plain words, conditions that have happened marked in red
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Builder: PRASANNA DEVELOPERS
PRASANNA DEVELOPERS has 7 registrations on MahaRERA, including PRASANNA I SQUARE and PRASANNA TULSHIBAUG. Its filings disclose 6 earlier MahaRERA projects: declares 0 of 2 past projects completed on time. Litigation is declared on 3 of its registrations. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What are my rights if VTP SIERRA PHASE 3 is delayed beyond 30 Jun 2028?
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 VTP SIERRA PHASE 3?
The registered promoter entity is PRASANNA DEVELOPERS, a partnership as per the filing. Its GSTIN 27AAMFM0462A1ZM 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 VTP SIERRA PHASE 3?
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 VTP SIERRA PHASE 3?
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 VTP SIERRA PHASE 3?
The professionals named in the filing: Architect: VK design & projects Pvt. Ltd.; Engineer: VINAYAK BOGA; Engineer: Strudcom Consultants Private Limited.; Chartered Accountant: KVMDS & ASSOCIATES; Chartered Accountant: SPAK & CO.; Chartered Accountant: GMKS & CO.. 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 VTP SIERRA PHASE 3?
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.
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