MahaRERA · the public record
VTP BELLISSIMO PHASE 1
HINJEWADI · MAGNITE DEVELOPERS PRIVATE LIMITED
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Registration read 19 Jul 2026RERA details for VTP BELLISSIMO PHASE 1
MahaRERA · P52100033888
Delivery and registration
When is the project declared for completion?
VTP BELLISSIMO PHASE 1 is registered with MahaRERA as P52100033888 and the promoter has declared completion for 31 Dec 2026.
31 Dec 2026
declared completion
2months to go
against the declared date
The completion date and status as they stand on the MahaRERA registration record.
Source · MahaRERA project registration · read 19 Jul 2026
| MahaRERA registration | P52100033888 |
| Registered on | 14 Mar 2022 |
| Promoter-declared completion | 31 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 2 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 VTP BELLISSIMO PHASE 1 record 4 quarterly progress reports since registration.
4quarterly filings
Entries as they appear on MahaRERA's own lists and the project's progress filing.
Source · MahaRERA defaulter, deregistration and QPR lists · read 19 Jul 2026
- Filing progress reports — 4 quarterly progress reports on record since registration, with no current default.
Promoter record
What else is this promoter on record for?
MAGNITE DEVELOPERS PRIVATE LIMITED is the promoter of record on 3 projects registered with MahaRERA.
3projects
registered with 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 19 Jul 2026
Construction
How much construction cost has been reported?
In VTP BELLISSIMO PHASE 1, ₹355.12 Cr of a declared ₹457.91 Cr estimated project cost is reported as incurred, about 77.6%, as at the last certified filing with MahaRERA.
77.6%
₹355.12 Cr
of ₹457.91 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 19 Jul 2026
Sales
How many are filed as sold or booked?
In VTP BELLISSIMO PHASE 1, 1,191 of 1,246 units filed with MahaRERA are recorded as sold or booked (1,178 with registered agreements and 13 booked), about 96%, and 55 are filed as unsold.
96%sold or booked
1,191 of 1,246 units
₹867.97 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, ₹727.39 Cr (about 84%) is recorded as collected and ₹144.83 Cr as receivable.
Source · MahaRERA sold/unsold inventory filing · read 19 Jul 2026
Filed agreement values: across 1191 sold or booked entries with usable filed values and areas, the effective carpet rate is ₹9,037/sqft, with eight in ten falling between ₹8,739 and ₹9,670 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.
What the filings record, unit by unit
Read from MahaRERA on 23 October 2026
MahaRERA publishes, unit by unit, what this promoter filed: which units are sold and which are not, the RERA carpet area of each, and for sold or booked entries the filed agreement value — the consideration filed for that specific unit. On this project 1193 units carry one, and 53 of the 1246 are recorded unsold. Since we started watching this ledger, 8 units have moved out of the unsold list, most recently on 15 October 2026.
Here is one unit filed as unsold, beside the amounts filed for comparable units:
| Unit | Carpet | Filed comparison | Based on |
|---|---|---|---|
| TOWER 2-006 | 663 sqft | Rs 59.00 lakh typical, over Rs 56.43 lakh to Rs 74.78 lakh | 28 filed · number pattern + area (within 2%), same building |
A filed consideration is the amount the promoter reported 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 VTP BELLISSIMO PHASE 1, every one of the 53 unsold units has filed sales to compare with. The Sales Report gives each of them its own row — the filed agreements behind its comparison listed in full, the government reckoner value the promoter filed against it, and mortgage status where the filing supplies it. Missing mortgage information is not confirmation that a unit is free of a mortgage. Built from the filing itself, sent by email.
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+33 and 1246 units are registered across the project.
| Building | Wings | Floors | Units | Declared completion |
|---|---|---|---|---|
| TOWER 1 | 1 | G+30 | 205 | - |
| TOWER 2 | 1 | G+30 | 240 | - |
| TOWER 3 | 1 | G+33 | 208 | - |
| TOWER 4 | 1 | G+33 | 156 | - |
| TOWER 5 | 1 | G+33 | 160 | - |
| TOWER 6 | 1 | G+33 | 117 | - |
| TOWER 7 | 1 | G+33 | 160 | - |
Unit mix on the filing: 1225 residential and 21 non-residential.
Legal and disputes
What disputes are disclosed?
14 complaints are on the MahaRERA record for VTP BELLISSIMO PHASE 1, with orders passed in 10 of them.
14complaints
10with an order
Counts as disclosed in the project record.
Source · MahaRERA project disclosures · read 19 Jul 2026
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC005000000259266 | 09/08/2023 | Sandeep Dadasaheb YADAV vs Jitendra wani (A52100028983) | order passed |
| CC005000000340893 | 05/05/2024 | Sandeep Dadasaheb YADAV vs Magnite Developers Private Limited | order passed |
| CC005000000310468 | 24/02/2024 | MAGNITE DEVELOPERS PRIVATE LIMITED vs SALIM ILIYAS ANSARI | order passed |
| CC005000000310469 | 24/02/2024 | MAGNITE DEVELOPERS PRIVATE LIMITED vs PARVEZ JAHANGIR KHAN | order passed |
| CC005000000340666 | 27/03/2024 | MAGNITE DEVELOPERS PRIVATE LIMITED vs SNEHAL MUKUND THAKAR | order passed |
| CC005000000340667 | 27/03/2024 | MAGNITE DEVELOPERS PRIVATE LIMITED vs SAVITA RANBA SONAWANE | order passed |
| CC12600485 | 27/01/2026 | Bhushankumar Navanath Pawar vs MAGNITE DEVELOPERS PRIVATE LIMITED | pending / no order on file |
| CC12600486 | 27/01/2026 | Bhushankumar Navanath Pawar vs MAGNITE DEVELOPERS PRIVATE LIMITED | pending / no order on file |
| CC12600709 | 07/02/2026 | MAGNITE DEVELOPERS PRIVATE LIMITED vs Parvez Jahagir Khan | order passed |
| CC12600710 | 07/02/2026 | MAGNITE DEVELOPERS PRIVATE LIMITED vs SALIM ILIYAS ANSARI | order passed |
| CC12600711 | 07/02/2026 | MAGNITE DEVELOPERS PRIVATE LIMITED vs SAVITA RANBA SONAWANE | order passed |
| CC12600712 | 07/02/2026 | MAGNITE DEVELOPERS PRIVATE LIMITED vs SNEHAL MUKUND THAKAR | order passed |
| CC12603999 | 27/06/2026 | Mitul Nitin Shah vs MAGNITE DEVELOPERS PRIVATE LIMITED | pending / no order on file |
| CC12604054 | 29/06/2026 | Ravindra Hindurao Jagadale vs MAGNITE DEVELOPERS PRIVATE LIMITED | pending / no order on file |
Legal & Litigation
The promoter has declared 2 court cases on this project to MahaRERA. Filed descriptions (status fields empty): 2 “Disposed as withdrawn”. These are the promoter's filed statements, not a current court check. A disposed application or motion does not establish that the whole case is closed. 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 unit. This is declared by the promoter; there may be further cases not on the RERA record.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Commercial Court Pune | 446 | 2020 | Status not supplied Filed description: Disposed as withdrawn |
| Commercial Court Pune | 25 | 2022 | Status not supplied Filed description: Disposed as withdrawn |
Deadline Extensions
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 | While applying for project registration, project validity date was wrongly written as 30.03.2026 instead of 31.12.2026. We are applying for an extension to rectify this error an |
Location, Land & Connectivity
Located at HINJEWADI, HINJEWADI MANN ROAD, Haveli, Pune, 411057. Per the filed land record, the plot is bounded to the north by 45M WIDE ROAD, to the south by S NO 210 PART AND 215 PART, to the east by TOWER 8 AND TOWER 9 and to the west by 30 M WIDE ROAD. These are the boundaries as recorded in the filed land record.