Vamana Riseonic

Riseonic, marketed as Vamana Riseonic, is a newly launched high-rise residential project on PR-4, the 200-foot road to the international cricket stadium at Mullanpur, in New Chandigarh, SAS Nagar, Punjab. Seven towers of 36 floors on about 6.58 acres hold 3+1 BHK and 4+1 BHK apartments of 3,320 to 4,760 sq ft super area, each with a private terrace. The Punjab RERA registration, PBRERA-SAS80-PR1350, names Dhir Constructions and Others as the promoter; Vamana Group markets the project as its own, and the site hoarding carries both firms' logos. RERA gives 28 February 2031 as the completion date.

Riseonic at a glance

Who is developing Riseonic

The Punjab RERA register lists the promoter as "Dhir Constructions and Others", a partnership firm with its office at SCO 26, Sector 19-D, Chandigarh. The partners on the RERA record are Arun Kumar Dhir, Asha Dhir and Shweta Dhir, and the RERA project bank account is in Dhir Constructions' name. Vamana Group, the Zirakpur developer of Vamana Arvindam, lists the project on its website as Vamana Riseonic and says it is developed by Vamana Group, without mentioning Dhir. The hoarding on site and the project's YouTube channel show both firms' logos, and brokers describe the project as a Dhir–Vamana joint venture. No official statement of how the two firms share the project is public, so confirm which firm signs your agreement and receives your payments.

Apartment types and sizes

The brochure floor plans show two apartments on every floor, served by two passenger lifts, a fire lift and two staircases. Every apartment has a private terrace in addition to its balconies, which is why the super area is close to twice the carpet area.

The "+1" is a servant room. In Towers F and G the fifth bedroom sits next to the kitchen, so the plans call those homes 5 BHK while sales material now says 4+1 BHK. Broker price sheets quote slightly different super areas (3,421, 4,275 and 4,769 sq ft) from a later revision of the plans, so ask for the plan that will be attached to your agreement.

Prices in 2026

No developer price list is public. The project's YouTube channel has advertised prices "from ₹3.30 Cr" since June 2026, together with a 35:35:30 payment plan. Broker price sheets run from ₹3.24 Cr for a 3,421 sq ft 3+1 BHK to ₹5.01 Cr for a 4,769 sq ft 4+1 BHK, about ₹9,500 to ₹10,500 per sq ft of super area; one broker quoted ₹10,500 per sq ft for the 3+1 BHK and ₹10,000 for the 4+1 BHK in June 2026. Because the super area includes the terrace, these prices work out to roughly ₹20,000 per sq ft of carpet area.

Some listings quote lower prices (from about ₹2.8 Cr) or a 20:40:40 plan; treat these as unconfirmed. RERA does not allow more than 10% of the cost to be taken before a registered agreement for sale, so check how a plan's first instalment fits that rule, and ask whether the quote includes parking, club membership and GST.

Club ICON and amenities

The brochure site plan places the clubhouse, Club ICON, on the PR-4 frontage next to the commercial block, with an all-weather swimming pool, a covered jet pool with an aqua gym and a wet play area for children. Around the towers it marks a volleyball court, net cricket, a skating rink, an outdoor gym, a boot camp, a kids' play area, a tree house, floor games (chess, ludo and hopscotch), a pet park, a reflexology path, a senior citizens' area, party and private event lawns, an outdoor cafe, a feature water body with BBQ seating, fruit-tree planting and EV charging, with basement parking reached by ramps. The RERA filing lists landscaped green areas and security, and specifies an RCC structure, vitrified tile floors, emulsion paint, branded fittings and a modular kitchen. Some marketing sites add larger claims (a 65,000 sq ft clubhouse, smart-home wiring, a sky garden) that the brochure plans do not show.

Location and connectivity

Riseonic is on the south-west side of PR-4 in the revenue estate of villages Saini Majra and Ghandoli. Omaxe New Chandigarh's Phase 3 is across the road, and the Maharaja Yadavindra Singh International Cricket Stadium is about 2.7 km away along PR-4. The brochure's location map places the site in Sector 20 of New Chandigarh, which we could not check against a GMADA sector plan.

Road distances from the site, measured on OpenStreetMap:

• International cricket stadium, Mullanpur: 2.7 km
• Homi Bhabha Cancer Hospital, New Chandigarh: 5.3 km
• Panjab University, Chandigarh: 9.2 km
• PGIMER, Chandigarh: 10.7 km
• Kharar: 12.0 km
• Sector 17, Chandigarh: 12.2 km
• Elante Mall, Chandigarh: 16.0 km
• Chandigarh Railway Station: 18.2 km
• Chandigarh International Airport: 18.8 km

Some broker sites say the airport is 6 to 7 km away; by road it is closer to 19 km.

Status, possession and approvals

• RERA: PBRERA-SAS80-PR1350. The project was "pending with RERA" in January 2026, was not yet on RERA's list of registered projects on 3 February 2026, and appears in the list as on 25 September 2026. Its YouTube channel announced the approval on 21 April 2026.
• Dates: RERA records a project start of 31 December 2025 and a completion date of 28 February 2031. We found no promise of an earlier date.
• Progress: the project's construction videos show deep excavation and foundation work (30 June and 24 July 2026) and an aerial view of the dug-out plot and the sales building (13 September 2026). Photos posted in late September and October 2026 show the sales building and entrance canopy going up. No tower had risen above ground in any 2026 image we found.
• Approvals beyond RERA: we found no environmental-clearance record in the searchable Punjab SEIAA and SEAC documents, and no published change-of-land-use or height clearance. Brokers say these are in place; ask the developer for copies of the environmental clearance, the zoning or CLU approval, the building-plan sanction and the airport height NOC.

What to check before you book

• Who you contract with: the RERA promoter is Dhir Constructions and Others; make sure the agreement, the receipts and the RERA project account all match.
• RERA: look up PBRERA-SAS80-PR1350 on rera.punjab.gov.in for the sanctioned plans, the unit list, the validity and the quarterly progress reports.
• Area and price: compare quotes per sq ft of carpet area; the terraces make the super area nearly twice the carpet area.
• Payment plan: a 35:35:30 or 20:40:40 plan asks for most of the money years before the 2031 completion date; check how payments are tied to construction stages and to RERA's 10% rule.
• Approvals: ask for the environmental clearance, the CLU and the height NOC before paying more than the booking amount.

Sources: Punjab RERA lists of registered and pending projects (January to September 2026); RERA data for PBRERA-SAS80-PR1350 as republished by Aurum PropTech; the project brochure's site plan, floor plans and location map as republished by brokers; Vamana Group's website; the project's YouTube channel; broker and portal listings (Houssed, a channel partner's site, Acquirestate, RealEstateIndia, 2026); road distances from OpenStreetMap routing. Checked on 24 October 2026.