- Launched
- 5 years 4 months promised
- Possession date (MahaRERA)
- 4 months ago. No extension recordedPossession date unchanged since launch. What "Lapsed" means
- Concrete structure (RCC)
- 95%Mid-constructionAverage across 3 buildings
- Units booked
- 505 of 51598% booked
- Price per sq ft (incl. balconies and terrace)
- ₹8,5002024 · 94 sales80% of the 2024 sales we found were at this rate or lessSee what buyers paid
Project facts
| 2 BHK | 378 |
|---|---|
| 3 BHK | 130 |
| Other units (shops, offices or not given by type) | 7 |
| Total units | 515 |
| Buildings | 3 |
| Land | 0.5 acres |
| Complaints on MahaRERA (filed by or against the builder) | 14 |
Since Dec 2025: booked 504 → 505 · structure 74% → 95% · final finishes 26% → 37% · complaints 8 → 14
What buyers paid here
From government sale recordsThe price per sq ft is the agreed price of the flat alone, counting balconies and terrace.
Flat sizes and prices
| Flat size | What most buyers paid |
|---|---|
| 610 sq ft | ₹48 – 64 lakh |
| 690 – 760 sq ft | ₹58 – 65 lakh |
| 840 sq ft | ₹67 – 70 lakh |
| 1,110 – 1,200 sq ft | ₹95 lakh – ₹1.04 crore |
Based on flats sold in 2024.
Price per sq ft, year by year
80% of the flats sold in each year went for this price or less.
| 2024 | ₹8,500 per sq ft | 94 sales |
|---|
Construction progress
As reported to MahaRERA at each updateUpdates reported to MahaRERA
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 100% | 95% | 37% | 505 | |
| 100% | 74% | 26% | 504 | |
| 100% | 36% | 3% | 471 | |
| 100% | 27% | 0% | 410 | |
| 100% | 11% | 0% | 408 |
"—" means MahaRERA shows no figure for that update.
Other phases of this project
About this project
VTP Sierra Phase1 (MahaRERA P52100028378) is a residential project by Prasanna Developers in Sus, Pune 411021. It was launched in February 2021. It has 515 units in 3 buildings: 508 homes (2 & 3 BHK) and 7 other units (shops, offices or not given by type), as registered with MahaRERA. Its MahaRERA status is Lapsed.
Possession was due in June 2026. That date has passed and no extension has been recorded. Construction, averaged across its 3 buildings: excavation complete, structure (RCC) 95% complete, final finishes 37% complete. MahaRERA records do not show it as ready to move in.
505 of its 515 units are booked (98%). Since the December 2025 update, 1 more unit has been booked and the reported concrete structure (RCC) has gone from 74% to 95%. 80% of the 2024 sales we found here were at ₹8,500 per sq ft or less, counting balconies and terrace in the size, based on 94 registered sales. Most buyers paid ₹48–64 lakh for flats of 610 sq ft, ₹58–65 lakh for 690–760 sq ft, ₹67–70 lakh for 840 sq ft and ₹95 lakh–₹1.04 crore for 1,110–1,200 sq ft.
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.