Ashdan Developers Private Limited
Manjari Kh · Pune
What registered buyers actually paid
₹16,881 – ₹21,550
per sq ft of filed area, agreement value
Covers 80% of 19 agreements filed with MahaRERA.i
Plot
V2-21
Area
1,971 sq ft
Typical value
₹17,660 a sq ft
Independent analysis · Quietlist · Bengaluru
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Free before you decide: the 14 things to get in writing before you book
Every item comes from a real RERA filing. Send it to the family group before anyone pays a token.
Send the checklist to the family group Read it here →Delivery and registration
VELVET VILLAS PHASE 1 is registered with MahaRERA as P52100031829 and the promoter has declared completion for 31 Dec 2026.
31 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 registration | P52100031829 |
| Registered on | 12 Nov 2021 |
| Promoter-declared completion | 31 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 3 months to the declared date |
Approvals and compliance
MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for VELVET VILLAS PHASE 1 record 19 quarterly progress reports since registration.
19quarterly filings
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
Ashdan Developers is the promoter of record on 17 projects registered with MahaRERA, none of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).
17projects
registered with MahaRERA
0flagged
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
In VELVET VILLAS PHASE 1, ₹17.12 Cr of a declared ₹40.41 Cr estimated project cost is reported as incurred, about 42.4%, as at the last certified filing with MahaRERA.
42.4%
₹17.12 Cr
of ₹40.41 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
In VELVET VILLAS PHASE 1, 19 of 31 plots filed with MahaRERA are recorded as sold or booked (16 with registered agreements and 3 booked), about 61%, and 12 remain available.
61%sold
19 of 31 plots
₹102.24 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, ₹56.53 Cr (about 55%) is recorded as collected and ₹45.71 Cr as receivable.
Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026
What buyers actually paid: across 19 registered agreements, the effective carpet rate is ₹19,334/sqft, with eight in ten falling between ₹16,881 and ₹21,550 — 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.
| Floor | Unit | Carpet | Govt reckoner value |
|---|---|---|---|
| Ground/Floor 0 | B1-37 | 3,481 sqft (323.4 sqm) | ₹2.27 Cr |
| Ground/Floor 0 | B1-38 | 3,568 sqft (331.49 sqm) | ₹2.33 Cr |
| Ground/Floor 0 | B2-32 | 3,350 sqft (311.21 sqm) | ₹2.18 Cr |
| Ground/Floor 0 | V1-26 | 2,619 sqft (243.29 sqm) | ₹1.71 Cr |
| Ground/Floor 0 | V1-27 | 2,619 sqft (243.29 sqm) | ₹1.71 Cr |
| Ground/Floor 0 | V1-28 | 2,619 sqft (243.29 sqm) | ₹1.71 Cr |
| Ground/Floor 0 | V1-35 | 2,619 sqft (243.29 sqm) | ₹1.71 Cr |
| Ground/Floor 0 | V1-36 | 2,648 sqft (246.03 sqm) | ₹1.73 Cr |
| Ground/Floor 0 | V2-16 | 2,083 sqft (193.48 sqm) | ₹1.36 Cr |
| Ground/Floor 0 | V2-17 | 2,083 sqft (193.48 sqm) | ₹1.36 Cr |
| Ground/Floor 0 | V2-21 | 1,971 sqft (183.15 sqm) | ₹1.36 Cr |
| Ground/Floor 0 | V2-22 | 2,083 sqft (193.48 sqm) | ₹1.36 Cr |
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.
Read from MahaRERA on 09 September 2026
MahaRERA publishes, plot by plot, what this promoter filed: which plots are sold and which are not, the filed area of each, and for the sold ones the registered agreement value — the consideration filed for that specific plot. On this project 19 plots carry one, and 12 of the 31 are recorded unsold.
Here is one of those unsold plots, priced against what buyers of comparable plots on the same filing actually filed:
| Plot | Area | Filed for comparable plots on the same filing | Based on |
|---|---|---|---|
| V2-21 | 1,971 sqft | Rs 17,660 a sq ft typical, over Rs 16,804 to Rs 21,550 | 8 filed at this size |
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. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.
In VELVET VILLAS PHASE 1, every one of the 12 unsold plots has agreements filed on its 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.
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+1 and 5 plots are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| TYPE- V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE- V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE- V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V2 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE V1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE B1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE B1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYP1 B1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE B1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE B1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE B1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE B1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE B1 | 1 | G+1 | 1 | 30 Jun 2025 |
| TYPE B1 | 1 | G+1 | 1 | 30 Jun 2025 |
Unit mix on the filing: 31 residential.
Legal and disputes
1 complaint is on the MahaRERA record for VELVET VILLAS PHASE 1, with orders passed in 0 of them.
1complaint
0with an order
Counts as disclosed in the project record.
Source · MahaRERA project disclosures · read 12 Jul 2026
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12603483 | 06/06/2026 | ASHDAN DEVELOPERS PRIVATE LIMITED vs HAMEED AMEER SAYYAD | pending / no order on file |
The MahaRERA completion deadline for this project has been formally extended 1 time, as recorded on the register.
| From | Extended to | Stated reason |
|---|---|---|
| as registered | 31 Dec 2026 | As per order of the Hon'ble Chairman (MahaRERA) Dated 23/01/2026. we request you kindly to grant us extension till 31/12/2026. |
Located at MANJARI KH, AWHALWADI ROAD, Haveli, Pune, 412307. Per the filed land record, the plot is bounded to the north by GAT NO 136, to the south by GAT NO 149, to the east by GAT NO 154 and to the west by GAT NO 136. These are the boundaries as recorded in the filed land record.
🔒 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 plot to say no to, what you can stop worrying about, and what to get in writing before you sign anything.
🔒 Which plot to ask for · Drawings Report
The plot-level read: which parts of the layout to prefer and which to avoid, what the approved layout puts against each boundary — roads, drains, open land — and the things on this site nobody at the sales desk will tell you about.
The approved drawings
Everything above is on this page already, free, from the government record. The drawings are different: the 3 approved sheets are the same drawings the builder filed to get VELVET VILLAS PHASE 1 approved — what sits under each tower, which floor holds machines, what the sales sheet leaves out. Nobody reads them for you. We do.
What that turns up — from other projects’ filings:
ATS Knightsbridge · Sector 124, Noida
You pay for 10,000 sq ft. The floor inside your home is 6,982 sq ft. The rest is walls, shared circulation and services. Get both numbers written into your agreement before you pay any booking amount.
Oberoi Elysian · Goregaon East, Mumbai
“The building is complete.” The tower has reached full height — true. The same filed certificate, same page: sanitary fittings 6% done. Ask for a possession date in writing.
Godrej Aristocrat · Sector 49, Gurugram
Paying extra for the top floor? The terrace drawing shows what sits on the slab above those flats: the overhead water tanks, the lift machine rooms and the roof machinery. Ask which flat sits under which.
Prestige Camden Gardens · Thanisandra, Bengaluru
The approved parking table asks for 12 visitor spaces. It shows 0. Two-wheeler spaces: also 0. Ask in writing where visitors will park.
Buying in VELVET VILLAS PHASE 1?
With 42.4% of the project cost incurred, there is no finished building to walk through — the approved drawings are the only place to see what you are buying. We read the 3 approved drawings on VELVET VILLAS PHASE 1’s file and tell you which plots we would ask for, what sits around them, and what to get in writing before you pay the token.
This page is the free MahaRERA filing summary on VELVET VILLAS PHASE 1. Both readings below are built from that same filing. See a real one first:
Sales Report sample: Palmspring Towers → · Drawings Report sample: Ace Villas → · browse all sample reports →
Payment is confirmed automatically. The Sales Report is delivered on payment. The Drawings Report is 1 working day. We email the link, so you can close the tab.
Sales Report · ₹2,999
Every home still unsold, beside what was filed for the same home on other floors · delivered on payment
Not useful to your decision? Full refund — no questions asked.
Drawings Report · ₹4,999
Every drawing on file, read — which plot to ask for · 1 working day
Not useful to your decision? Full refund — no questions asked.
Paying from outside India? Pay $35 (Sales Report) and $59 (Drawings Report) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
Free · Watch this project
We'll email you when this project's RERA record changes, and send the 14-point booking checklist with the first email.
Ashdan Developers Private Limited is the promoter on 6 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).
See every Ashdan Developers Private Limited project & its RERA track record →
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