The official title of the movie is reportedly SPIDER-MAN: HOMECOMING and the Vulture will be in it, but won't be the main villain.
http://www.comicbookmovie.com/spider-man/the-vulture-rumored-to-be-villain-in-spider-man-reboot-final-title-a137470
http://www.comicbookmovie.com/spider-man/the-vulture-rumored-to-be-villain-in-spider-man-reboot-final-title-a137470