Velvet Villas Phase 1, Manjari Khurd
by Ashdan Developers Private Limited. Manjari Khurd, Pune 412307. View on Google Maps
- Launched
- 4 years 1 month originally promised
- Possession date (MahaRERA)
- 2 months awayExtended by 1 year (originally December 2025). Why possession dates change
- Concrete structure (RCC)
- 55%Mid-constructionAverage across 31 buildings
- Units booked
- 19 of 3161% booked
Project facts
| Other units (shops, offices or not given by type) | 31 |
|---|---|
| Total units | 31 |
| Buildings | 31 |
| Land | 2.4 acres |
| Complaints on MahaRERA (filed by or against the builder) | 1 |
Since Dec 2025: booked 15 → 19 · structure 25% → 55% · possession date December 2025 → December 2026 · complaints 0 → 1
Construction progress
As reported to MahaRERA at each updateUpdates reported to MahaRERA
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 100% | 55% | 0% | 19 | |
| 100% | 25% | 0% | 15 | |
| 68% | 0% | 0% | — | |
| 0% | 0% | 0% | — |
"—" means MahaRERA shows no figure for that update.
Other phases of this project
About this project
Velvet Villas Phase 1 (MahaRERA P52100031829) is a residential project by Ashdan Developers Private Limited in Manjari Khurd, Pune 412307. It was launched in November 2021. It has 31 units, as registered with MahaRERA. Its MahaRERA status is Active.
Its registered possession date is December 2026, extended by 1 year from the original December 2025. Construction, averaged across its 31 buildings: excavation complete, structure (RCC) 55% complete, final finishes not started. MahaRERA records do not show it as ready to move in.
19 of its 31 units are booked (61%). Since the December 2025 update, 4 more units have been booked, the reported concrete structure (RCC) has gone from 25% to 55% and the possession date has moved from December 2025 to December 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.