VTP Aethereus- Phase1, Mahalunge
Finishing stageLapsed
Final finishes 98% · completion not yet filed on MahaRERA
by Home Rising Construction LLP. Mahalunge, Pune 411045. View on Google Maps
- Launched
- 5 years 2 months originally promised
- Possession date (MahaRERA)
- 4 months ago. No further extension recordedExtended by 6 months (originally December 2025). What "Lapsed" means
- Concrete structure (RCC)
- 100%Finishing stageAverage across 3 buildings
- Units booked
- 715 of 718100% booked
Project facts
| 2 BHK | 534 |
|---|---|
| 3 BHK | 184 |
| Total units | 718 |
| Buildings | 3 |
| Land | 0.5 acres |
| Complaints on MahaRERA (filed by or against the builder) | 25 |
Since Dec 2025: final finishes 80% → 98% · possession date December 2025 → June 2026 · complaints 17 → 25
Compared with 3 similar projects in PIN 411045
Projects with 350–1,500 flats, launched within 1 year of this one.
| Measure | This project | Similar projects |
|---|---|---|
| Promised timeline (launch to possession) | 5 yrs 2 mths | 5 yrs 2 mths |
| Possession date extended | By 6 months | 1 of 3 |
| Possession date passed | Yes, due June 2026 | 1 ready to move; 0 also past their date |
| Concrete structure (RCC) complete | 100% | 100% |
| Share of units booked | 100% | 87% |
| Complaints on MahaRERA (filed by or against the builder) | 25 | 0 |
"Similar projects" shows the typical (middle) value. Other phases of this project are not included.
| Project | Launched | Possession date (MahaRERA) | Concrete structure (RCC) | Units booked |
|---|---|---|---|---|
| Godrej Hill Retreat | June 2021 | December 2026 | 100% | 769 of 771 booked (100%) |
| ANP Universe | August 2021 | December 2026 | 100% | 530 of 610 booked (87%) |
| The Canary Phase I | October 2021 | December 2026 | 100% | 306 of 360 booked (85%) |
Construction progress
As reported to MahaRERA at each updateUpdates reported to MahaRERA
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 100% | 100% | 98% | 715 | |
| 100% | 100% | 80% | 715 | |
| 100% | 98% | 42% | 717 | |
| 100% | 95% | 23% | 717 | |
| 100% | 80% | 7% | 711 |
"—" means MahaRERA shows no figure for that update.
About this project
VTP Aethereus- Phase1 (MahaRERA P52100026772) is a residential project by Home Rising Construction LLP in Mahalunge, Pune 411045. It was launched in October 2020. It has 718 units in 3 buildings, with 2 & 3 BHK homes as registered with MahaRERA. Its MahaRERA status is Lapsed.
Possession was due in June 2026, after an extension of 6 months from the original December 2025. That date has passed and no further extension has been recorded. Construction, averaged across its 3 buildings: excavation complete, structure (RCC) complete, final finishes 98% complete. Final finishes are 90% or more complete; completion has not yet been recorded on MahaRERA.
715 of its 718 units are booked (100%). Since the December 2025 update, the possession date has moved from December 2025 to June 2026.
VTP's track record in Pune
MahaRERA projects registered 2017–2026, in the 59 areas FlatNama covers
| Projects registered with MahaRERA | 70 |
|---|---|
| Completed without extending the possession date | 26 |
| Completed after an extension, or lapsed | 13 |
| Under construction | 31 |
| Possession date extended by the builder | 10 |
| Typical time from launch to 100% structure | 4 years 11 months |
| Complaints on MahaRERA, all VTP projects | 656 (60 of 70 projects) |
- Completed without extending the possession date: MahaRERA shows the project Completed and the builder did not extend its possession date. MahaRERA's COVID extensions (6 + 6 months, 2020–21) are not counted as the builder's.
- Completed after an extension, or lapsed: every other registration that is not under construction.
- Under construction: MahaRERA status Active.
- Possession date extended by the builder: counted across all of the above, so it overlaps them.
- Typical time from launch to 100% structure: the middle value for projects whose concrete structure reached 100% between December 2023 and July 2026, counted from registration.
- Complaints: complaints on MahaRERA filed by or against the builder, on all its projects.
Disclaimers
- Figures are as reported to MahaRERA, not verified by FlatNama.
- Concrete structure (RCC) is the reinforced-concrete frame. Final finishes means lifts, services, common areas and other works needed before handover, not the finishes inside each flat.
- On MahaRERA, Lapsed means the registered possession date has passed and the developer has not filed an extension or recorded the project as complete. It does not by itself mean work has stopped.
- Total internal area = carpet + balcony + terrace, as Pune sales offices quote “carpet area”. Price per sq ft counts balconies and terrace in the size.
- Prices are of the flat alone; stamp duty, registration and GST are extra, so the total is usually 10–15% more.
- Prices in a project usually rise as construction progresses. Floor, view and flat size move the price up or down, so treat these figures as a guide.
- Rates also vary with the exact project location.
- Prices come from sale records obtained from IGR Maharashtra, which may not include every sale.
- Complaints are the count MahaRERA shows for the project; they include complaints filed by the builder against buyers.
- Please do your own checks before you buy.