Home Rising Construction LLP
Mhalunge · Pune
What registered buyers actually paid
₹9,144 – ₹10,878
per sq ft of carpet, agreement value
Covers 80% of 715 agreements filed with MahaRERA.i
Home
3006
Carpet area
522 sq ft
Typical value
₹51.9 lakh
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
VTP Aethereus- Phase1 is registered with MahaRERA as P52100026772 and the promoter has declared completion for 30 Jun 2026.
30 Jun 2026
declared completion
3months past
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 | P52100026772 |
| Registered on | 22 Oct 2020 |
| Promoter-declared completion | 30 Jun 2026 |
| Current status | Certificate Signed |
| Against today | about 3 months past the declared date |
Approvals and compliance
MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for VTP Aethereus- Phase1 record 20 quarterly progress reports since registration.
20quarterly 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
Home Rising Construction is the promoter of record on 42 projects registered with MahaRERA, 2 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).
42projects
registered with MahaRERA
2flagged
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 VTP Aethereus- Phase1, ₹233.77 Cr of a declared ₹233.85 Cr estimated project cost is reported as incurred, about 100.0%, as at the last certified filing with MahaRERA.
100.0%
₹233.77 Cr
of ₹233.85 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 VTP Aethereus- Phase1, 715 of 718 homes filed with MahaRERA are recorded as sold or booked, about 100%, and 3 remain available.
100%sold
715 of 718 homes
₹437.19 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, ₹425.38 Cr (about 97%) is recorded as collected and ₹11.80 Cr as receivable.
Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026
What buyers actually paid: across 715 registered agreements, the effective carpet rate is ₹10,206/sqft, with eight in ten falling between ₹9,144 and ₹10,878 — 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 |
|---|---|---|---|
| Floor 30 | 3006 | 522 sqft (48.54 sqm) | ₹50.69 Lakh |
| Floor 31 | 3103 | 853 sqft (79.25 sqm) | ₹84.04 Lakh |
| Floor 7 | 702 | 567 sqft (52.72 sqm) | ₹52.54 Lakh |
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, 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 715 homes carry one, and 3 of the 718 are recorded unsold.
Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:
| Home | Carpet | Filed for the same home on other floors | Based on |
|---|---|---|---|
| 3006 | 522 sqft | Rs 51.94 lakh typical, over Rs 50.65 lakh to Rs 62.09 lakh | 30 filed on this stack, floors 1–31 |
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. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.
In VTP Aethereus- Phase1, every one of the 3 unsold homes 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+34 and 718 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Tower-1 | 1 | G+33 | 240 | - |
| Tower-5 | 1 | G+34 | 240 | - |
| Tower-3 | 1 | G+34 | 238 | - |
Unit mix on the filing: 718 residential.
Legal and disputes
25 complaints are on the MahaRERA record for VTP Aethereus- Phase1, with orders passed in 17 of them.
25complaints
17with an order
Counts as disclosed in the project record.
Source · MahaRERA project disclosures · read 12 Jul 2026
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC005000000269690 | 05/11/2023 | HOME RISING CONSTRUCTION LLP vs PAVANKUMAR MAHADEV MUNDE | order passed |
| CC005000000269691 | 03/11/2023 | HOME RISING CONSTRUCTION LLP vs RAFIQUE AHMED JAINUDDIN SAYYED | order passed |
| CC005000000269692 | 03/11/2023 | HOME RISING CONSTRUCTION LLP vs KAVITA INDORE | order passed |
| CC005000000269693 | 03/11/2023 | HOME RISING CONSTRUCTION LLP vs MEENA RAMKRISHNA MORE | order passed |
| CC005000000279836 | 04/01/2024 | HOME RISING CONSTRUCTION LLP vs AKASH MISHRA | order passed |
| CC005000000371044 | 06/06/2024 | HOME RISING CONSTRUCTION LLP vs AKASH MISHRA | order passed |
| CC12400223 | 25/09/2024 | Shantanu Shinde vs HOME RISING CONSTRUCTION LLP | order passed |
| CC12400863 | 23/11/2024 | HOME RISING CONSTRUCTION LLP vs BALKRISHNA MOHAN THOSAR | order passed |
| CC12400867 | 23/11/2024 | HOME RISING CONSTRUCTION LLP vs SHASHIKANT BABANRAO BADHE | order passed |
| CC12400869 | 23/11/2024 | HOME RISING CONSTRUCTION LLP vs GAURAV DILIP KHOT | order passed |
| CC12401021 | 04/12/2024 | HOME RISING CONSTRUCTION LLP vs MANOHAR MAHADEV MAHAJAN | order passed |
| CC12401023 | 04/12/2024 | HOME RISING CONSTRUCTION LLP vs NEHA NITIN KANDALKAR | order passed |
| CC12500327 | 30/01/2025 | Pratik Sunil Kamat vs HOME RISING CONSTRUCTION LLP | order passed |
| CC12600055 | 04/01/2026 | Amit Piyushbhai Shah vs HOME RISING CONSTRUCTION LLP | pending / no order on file |
| CC12503087 | 02/09/2025 | Rohit Koul vs HOME RISING CONSTRUCTION LLP | order passed |
| CC12504261 | 03/12/2025 | Abhijit Manu Bhosale vs HOME RISING CONSTRUCTION LLP | order passed |
| CC12504397 | 10/12/2025 | Geetika Dinesh Sen vs HOME RISING CONSTRUCTION LLP | order passed |
| CC12600585 | 02/02/2026 | HOME RISING CONSTRUCTION LLP vs GAURAV DILIP KHOT | order passed |
| CC12600586 | 02/02/2026 | HOME RISING CONSTRUCTION LLP vs RAFIQUE AHMED JAINUDDIN SAYYED | pending / no order on file |
| CC12600588 | 02/02/2026 | HOME RISING CONSTRUCTION LLP vs KAVITA INDORE | pending / no order on file |
| CC12602181 | 13/04/2026 | Mandar Rody vs HOME RISING CONSTRUCTION LLP | pending / no order on file |
| CC12602267 | 17/04/2026 | Shubham Shivaji Nikam vs HOME RISING CONSTRUCTION LLP | pending / no order on file |
| CC12603345 | 01/06/2026 | HOME RISING CONSTRUCTION LLP vs MRS PRIYA SINGH | pending / no order on file |
| CC12603346 | 01/06/2026 | HOME RISING CONSTRUCTION LLP vs MRS MRUDULA PATIL | pending / no order on file |
| CC12604140 | 02/07/2026 | HOME RISING CONSTRUCTION LLP vs MRS ANURADHA ABHIJIT BHOSALE | 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 | 30 Jun 2026 | The project VTP Aethereus – Phase 1 comprises Tower 1, Tower 3, and Tower 5. Tower 1 has been 100% completed, and the Occupancy Certificate issued by PMRDA was received on 31/12/20 |
Located at Mhalunge, Mhalunge Mann Road , Haveli, Pune, 411045. Per the filed land record, the plot is bounded to the north by TOWER 4, to the south by Compound wall and drive way, to the east by Podium and commercial building and to the west by Drive way and compound wall. These are the boundaries as recorded in the filed land record.
The nearest major job hub is ~3 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Hinjewadi Rajiv Gandhi IT Park | 3 km |
| Baner–Balewadi belt | 4 km |
| Pune Junction / city centre | 15 km |
| Pune Int'l Airport (Lohegaon) | 20 km |
| Magarpatta / Hadapsar IT | 21 km |
| Kharadi / EON IT Park | 22 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.
🔒 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.
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 VTP Aethereus- Phase1 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 VTP Aethereus- Phase1?
The completion date has been revised 1 time on the register. Still choosing? We read the 3 approved drawings on VTP Aethereus- Phase1’s file and tell you which homes 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 VTP Aethereus- Phase1. Both readings below are built from that same filing. See a real one first:
Sales Report sample: Palmspring Towers → · Drawings Report sample: Oberoi Elysian – Tower A → · 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 home 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.
Home Rising Construction LLP is the promoter on 3 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).
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