Pune · Pune

Neelanchal Phase I

MahaRERA P52100004125 · promoter Pinnacle Vastunirman

What registered buyers actually paid

₹5,897 – ₹7,399

per sq ft of carpet, agreement value

Covers 80% of 174 agreements filed with MahaRERA.i

Free example from the dataActual RERA data

Home

1001

Carpet area

825 sq ft

Typical value

₹57 lakh

Same stack, floors 1–12₹42.3–62.8 lakh11 registered
See prices for 17 more homesEvery unit and floor, from the filings.Get the Sales Report, ₹2,999 →
On payment30-day refundMahaRERA source

Independent analysis · Quietlist · Bengaluru
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Free before you decide: the 14 things to get in writing before you book

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Delivery and registration

When is the project declared for completion?

Neelanchal Phase I is registered with MahaRERA as P52100004125 and the promoter has declared completion for 30 Dec 2026.

30 Dec 2026

declared completion

3months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP52100004125
Registered on08 Aug 2017
Promoter-declared completion30 Dec 2026
Current statusCertificate Signed
Against today3 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for Neelanchal Phase I record 36 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

Promoter record

What else is this promoter on record for?

Pinnacle Vastunirman is the promoter of record on 14 projects registered with MahaRERA, 1 of which carries a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

14projects

registered with MahaRERA

1flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Construction

How much construction cost has been reported?

In Neelanchal Phase I, ₹42.62 Cr of a declared ₹47.31 Cr estimated project cost is reported as incurred, about 90.1%, as at the last certified filing with MahaRERA.

90.1%

₹42.62 Cr

of ₹47.31 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In Neelanchal Phase I, 174 of 192 homes filed with MahaRERA are recorded as sold or booked, about 91%, and 18 remain available.

91%sold

174 of 192 homes

₹89.75 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹82.04 Cr (about 91%) is recorded as collected and ₹7.63 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 174 registered agreements, the effective carpet rate is ₹6,982/sqft, with eight in ten falling between ₹5,897 and ₹7,399 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.

FloorUnitCarpetGovt reckoner value
Floor 1105825 sqft (76.69 sqm)₹47.07 Lakh
Floor 101001825 sqft (76.69 sqm)₹47.07 Lakh
Floor 101002679 sqft (63.09 sqm)₹38.72 Lakh
Floor 101007679 sqft (63.09 sqm)₹38.72 Lakh
Floor 111102679 sqft (63.11 sqm)₹38.74 Lakh
Floor 111106679 sqft (63.11 sqm)₹38.74 Lakh
Floor 111107679 sqft (63.11 sqm)₹38.74 Lakh
Floor 111107679 sqft (63.11 sqm)₹38.74 Lakh
Floor 121202679 sqft (63.09 sqm)₹38.72 Lakh
Floor 121204825 sqft (76.69 sqm)₹47.07 Lakh
Floor 121204825 sqft (76.69 sqm)₹47.07 Lakh
Floor 121205825 sqft (76.69 sqm)₹47.07 Lakh
Floor 121205825 sqft (76.69 sqm)₹47.07 Lakh
Floor 121206679 sqft (63.09 sqm)₹38.72 Lakh
Floor 121207679 sqft (63.09 sqm)₹38.72 Lakh
Floor 88031 sqft (0.1 sqm)-
Floor 88031 sqft (0.1 sqm)-
Floor 8805825 sqft (76.69 sqm)₹47.07 Lakh

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, home by home

Read from MahaRERA on 04 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 174 homes carry one, and 18 of the 192 are recorded unsold.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
1001825 sqftRs 57.00 lakh typical, over Rs 42.29 lakh to Rs 62.83 lakh11 filed on this stack, floors 1–12

A filed consideration is what was registered for one {unit}. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the {unit} is available to you today.

In Neelanchal Phase I, 16 of the 18 unsold homes have agreements filed on their own stack. The Sales Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 17 homes — ₹2,999 →

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+12 and 192 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Wing B1G+129631 Dec 2025
Commercial1G+2--
WING A1G+129631 Dec 2025

Unit mix on the filing: 192 residential.

Legal and disputes

What disputes are disclosed?

23 complaints are on the MahaRERA record for Neelanchal Phase I, with orders passed in 23 of them.

23complaints

23with an order

Counts as disclosed in the project record.

Source · MahaRERA project disclosures · read 12 Jul 2026

Complaint no.FiledPartiesStatus
CC00500000001069527/12/2017Neeraj Ramavtar Yadav vs Pinnacle Vastunirman Pvt Ltdorder passed
CC00500000001090114/01/2018SUNIL SHRINIWAS DHARMADHIKARI vs Pinnacle Vastunirman Pvt Ltdorder passed
CC00500000001094221/01/2018Adgonda Bhupal Patil vs Pinnacle Vastunirman pvt ltdorder passed
CC00500000001097123/01/2018Mayur Vinodrao Bhandarkar vs Pinnacle Vastunirman Pvt Ltdorder passed
CC00500000006487406/12/2020Shailesh Kotian vs Pinnacle Vastunirman Pvt. Ltdorder passed
CC00500000007503502/01/2021Sandip Vishnu Sawant vs Pinnacle Vastunirman Pvt. Ltdorder passed
CC00500000008552506/05/2021Vishal Dilip Ujalambe vs Pinnacle Vastunirman Pvt Ltdorder passed
CC00500000010660410/02/2022Sandeep Jayaram Shetty vs Pinnacle Vastunirman Pvt.Ltdorder passed
CC00500000010669226/02/2022Tejaswini Jayprakash Jadhav vs Pinnacle Vastunirman Pvt.Ltdorder passed
CC00500000011699421/04/2022Shiv Dhanraj Meshram vs Pinnacle Vastunirman Pvt Ltdorder passed
CC00500000011702609/05/2022Adgonda Bhupal Patil vs PINNACLE VASTUNIRMAN PVT. LTD.order passed
CC00500000015723925/06/2022Ameya Anil Diwan vs PINNACLE VASTUNIRMAN PVT.LTD.order passed
CC00500000015731805/07/2022SHASHIDHAR GOPALKRISHNA RAMESH vs PINNACLE VASTUNIRAMAN PVT LTDorder passed
CC00500000015726524/06/2022RAJEEV UPADHYAY vs PINNACLE VASTUNIRMAN PVT LTDorder passed
CC00500000015733614/07/2022SANJEEV UPADHYAY vs PINNACLE VASTUNIRMAN PVT. LTD.order passed
CC00500000016745923/08/2022Anita Jangir vs Pinnacle Vastunirman Pvt. Ltd.order passed
CC00500000017773201/12/2022PREETI GANDHE vs G P CORPORATION LLPorder passed
CC00500000019801629/12/2022Ravindra Pandurang Sonavale vs Pinnacle Vastunirman Pvt. Ltdorder passed
CC00500000019802029/12/2022Shraddha Sitaram Ambre vs Pinnacle Vastunirman Pvt. Ltdorder passed
CC00500000019813618/01/2023Nikhil Jagannath Patil vs Pinnacle Vastunirman Pvt. Ltdorder passed
CC00500000019814118/01/2023Pratibha Vinayak Meshram vs Pinnacle Vastunirman Pvt. Ltdorder passed
CC00500000026954402/11/2023Namrata Sorte vs PINNACLE VASTUNIRMAN PVT LTDorder passed
CC1260192401/04/2026Rakshit Rajeev Deshmukh vs Pinnacle Vastunirman Pvt. Ltdorder passed

Legal & Litigation

The promoter has declared 1 court case on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your home. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Cjjd16012013Disposed Off

Location, Land & Connectivity

Located at PUNE, SUS, Pune City, Pune, 411021. Per the filed land record, the plot is bounded to the north by By Road, to the south by survey no 20, to the east by Survey no 22 and to the west by odha. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Baner–Balewadi belt2 km
Hinjewadi Rajiv Gandhi IT Park4 km
Pune Junction / city centre13 km
Pune Int'l Airport (Lohegaon)18 km
Magarpatta / Hadapsar IT19 km
Kharadi / EON IT Park20 km

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

🔒 What I’d do as a buyer here · Drawings Report

The report opens with what this project really is — read from its approved drawings — then the specific calls: the cheapest good way to buy here, the home to say no to, what you can stop worrying about, and what to get in writing before you sign anything.

Unlock in the ₹4,999 report →

Site & infrastructure

What this project's sanctioned plan shows — read for you
Where the plan is legible, the full report reads this project's layout plan filed with MahaRERA and lays out what's on it: where the utilities and open space sit, how the site is laid out around them, and which way it faces. When a plan can't be read clearly, we tell you plainly rather than guess.
In the full report:Open space · Utilities · Orientation · Layout
See what the full read covers ↓or read a sample report first →

🔒 Which home to ask for · Drawings Report

The home-level read: which ones to prefer and which to avoid, what the drawings put around each, and the things on this site nobody at the sales desk will tell you about.

Unlock in the ₹4,999 report →

The approved drawings

A thin filing

The crawled listing for Neelanchal Phase I shows only one approved drawing — not enough drawn material for a useful unit-level read, and we would rather tell you that than sell you a thin report. The register record above is what this filing carries.

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Builder track record

Pinnacle Vastunirman Pvt. Ltd is the promoter on 2 MahaRERA-registered projects, of which 1 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

Other flagged projects by Pinnacle Vastunirman Pvt. Ltd

Pinnacle Vastunirman Pvt. Ltd
FlaggedPune

Other RERA-registered projects in Pashan

Purva Aspire
possession by Sep 2026 · Puravankara Limited
Marvel Selva Ridge Villa 6, 9, 11, 12
Developer in insolvency (NCLT) · possession by Dec 2026 · Marvel Omega Builders PVT LTD
Reelicon Fairy Bell
possession by Dec 2026 · Reelicon Red Homes Private Limited
Green Mint
possession by Dec 2026 · Sunil Vishwanath Salunke
Neelanchal Phase II
possession by Dec 2026 · Pinnacle Vastunirman Pvt. Ltd
27th Avenue NXT
possession by Dec 2026 · Blue Construction Company

Major developers building in Pashan

Other RERA-registered projects in Pune

Neelanchal Phase II
possession by Dec 2026 · Pinnacle Vastunirman Pvt. Ltd
Neelendu Prabhukrupa
possession by Dec 2027 · M/S Rivansh Infracon LLP
Neelkanth Complex
declared completion Sep 2023 · Ajay Nanasaheb Jadhavrao
Neelkanth Landmarks Shreeniwas Residency
declared completion Mar 2026 · Neelkanth Landmarks
Neelkanth Residency
declared completion Jun 2019 · Shivshakti Associates
Neelkanth Residency Phase - II
declared completion Dec 2024 · Shivshakti Associates

What to verify (QPR non-filer)

  1. Cross-check the developer's last QPR filing date on the MahaRERA portal — non-filing can indicate stalled construction.
  2. Visit the site (or request a third-party inspection report) to verify actual construction progress.
  3. If no QPR has been filed for more than two quarters, file a complaint with MahaRERA for non-disclosure.

Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Pune RERA red-flag register.

Last checked against the RERA register: 10 Sep 2026