Vma Reserve, Punawale
Finishing stageLapsed
Final finishes 100% · completion not yet filed on MahaRERA
by Vma Properties LLP. Punawale, Pune 411033. View on Google Maps
- Launched
- 3 years 11 months promised
- Possession date (MahaRERA)
- 8 months ago. No extension recordedPossession date unchanged since launch. What "Lapsed" means
- Concrete structure (RCC)
- 100%Finishing stage
- Units booked
- 133 of 15486% booked
- Price per sq ft (incl. balconies and terrace)
- ₹7,6002024 · 50 sales80% of the 2024 sales we found were at this rate or lessSee what buyers paid
Project facts
| 2 BHK | 146 |
|---|---|
| Other units (shops, offices or not given by type) | 8 |
| Total units | 154 |
| Buildings | 1 |
| Land | 0.9 acres |
| Landowner share | 12 |
| Complaints on MahaRERA (filed by or against the builder) | 0 |
Since Dec 2025: booked 116 → 133 · structure 45% → 100% · final finishes 0% → 100%
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 |
|---|---|
| 720 – 740 sq ft | ₹51 – 59 lakh |
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 | ₹7,600 per sq ft | 50 sales |
|---|
Rate vs other Punawale projects, 2024: about 5% lower
Compared with 6 similar projects in PIN 411033
Projects with 70–300 flats, launched within 6 months of this one.
| Measure | This project | Similar projects |
|---|---|---|
| Promised timeline (launch to possession) | 3 yrs 11 mths | 3 yrs 10 mths |
| Possession date extended | No | 3 of 6 |
| Possession date passed | Yes, due February 2026 | 1 ready to move; 2 also past their date |
| Concrete structure (RCC) complete | 100% | 95% |
| Share of units booked | 86% | 60% |
| Complaints on MahaRERA (filed by or against the builder) | 0 | 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 |
|---|---|---|---|---|
| 12th Avenue | February 2022 | December 2028 | 50% | 128 of 171 booked (75%) |
| Sonigara the Mark Phase I | February 2022 | December 2028 | 58% | 134 of 234 booked (57%) |
| Arihant Greens | February 2022 | December 2026 | 100% | 41 of 98 booked (42%) |
| Surya Skies | April 2022 | June 2026 | 100% | 202 of 204 booked (99%) |
| Signature Park Building M MHADA | January 2022 | December 2025 | 90% | 68 of 107 booked (64%) |
| Aura Blue | January 2022 | October 2025 | 100% | 61 of 111 booked (55%) |
Construction progress
As reported to MahaRERA at each updateUpdates reported to MahaRERA
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 100% | 100% | 100% | 133 | |
| 100% | 45% | 0% | 116 | |
| 100% | 45% | 0% | 43 |
"—" means MahaRERA shows no figure for that update.
About this project
Vma Reserve (MahaRERA P52100033654) is a residential project by Vma Properties LLP in Punawale, Pune 411033. It was launched in March 2022. It has 154 units in 1 building: 146 homes (2 BHK) and 8 other units (shops, offices or not given by type), as registered with MahaRERA. Its MahaRERA status is Lapsed.
Possession was due in February 2026. That date has passed and no extension has been recorded. Construction: excavation complete, structure (RCC) complete, final finishes complete. Construction is reported as complete (structure and final finishes), but completion has not yet been recorded on MahaRERA.
133 of its 154 units are booked (86%). Since the December 2025 update, 17 more units have been booked and the reported concrete structure (RCC) has gone from 45% to 100%. 80% of the 2024 sales we found here were at ₹7,600 per sq ft or less, counting balconies and terrace in the size, based on 50 registered sales. Buyers here paid a rate about 5% lower than at other Punawale projects in 2024. Most buyers paid ₹51–59 lakh for flats of 720–740 sq ft.
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.