VTP Bellissimo Phase 1, Hinjewadi
by Magnite Developers Private Limited. Hinjewadi, Pune 411057. View on Google Maps
- Launched
- 4 years originally promised
- Possession date (MahaRERA)
- 2 months awayExtended by 9 months (originally March 2026). Why possession dates change
- Concrete structure (RCC)
- 85%Mid-constructionAverage across 7 buildings
- Units booked
- 1,191 of 1,24696% booked
- Price per sq ft (incl. balconies and terrace)
- ₹11,6002026 so far · 17 sales80% of the 2026 sales we found were at this rate or lessSee what buyers paid
Project facts
| 1 BHK | 205 |
|---|---|
| 2 BHK | 719 |
| 3 BHK | 302 |
| Other units (shops, offices or not given by type) | 20 |
| Total units | 1,246 |
| Buildings | 7 |
| Land | 1.1 acres |
| Complaints on MahaRERA (filed by or against the builder) | 14 |
Since Dec 2025: booked 1,178 → 1,191 · structure 29% → 85% · complaints 6 → 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 |
|---|---|
| 730 – 800 sq ft | ₹80 – 83 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 | ₹10,500 per sq ft | 13 sales |
|---|---|---|
| 2026 so far | ₹11,600 per sq ft | 17 sales |
Rate vs other Hinjewadi projects, 2026: about 5% lower
Compared with 3 similar projects in PIN 411057
Projects with 600–2,500 flats, launched within 1 year of this one.
| Measure | This project | Similar projects |
|---|---|---|
| Promised timeline (launch to possession) | 4 yrs | 4 yrs 2 mths |
| Possession date extended | By 9 months | 0 of 3 |
| Possession date (MahaRERA) | December 2026 | December 2026 |
| Concrete structure (RCC) complete | 85% | 100% |
| Share of units booked | 96% | 93% |
| Complaints on MahaRERA (filed by or against the builder) | 14 | 1 |
"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 |
|---|---|---|---|---|
| Godrej Woodsville | September 2022 | November 2026 | 100% | 986 of 992 booked (99%) |
| ANP Ultimus | November 2022 | June 2027 | 83% | 645 of 840 booked (77%) |
| Life Republic Sector R13/13th Avenue/Aros/Phase I | December 2022 | December 2026 | 100% | 689 of 739 booked (93%) |
Construction progress
As reported to MahaRERA at each updateUpdates reported to MahaRERA
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 100% | 85% | 0% | 1,191 | |
| 100% | 29% | 0% | 1,178 | |
| 100% | 29% | 0% | 1,193 | |
| 100% | 20% | 0% | 1,193 | |
| 100% | 3% | 0% | 451 |
"—" means MahaRERA shows no figure for that update.
Other phases of this project
About this project
VTP Bellissimo Phase 1 (MahaRERA P52100033888) is a residential project by Magnite Developers Private Limited in Hinjewadi, Pune 411057. It was launched in March 2022. It has 1,246 units in 7 buildings: 1,226 homes (1, 2 & 3 BHK) and 20 other units (shops, offices or not given by type), as registered with MahaRERA. Its MahaRERA status is Active.
Its registered possession date is December 2026, extended by 9 months from the original March 2026. Construction, averaged across its 7 buildings: excavation complete, structure (RCC) 85% complete, final finishes not started. MahaRERA records do not show it as ready to move in.
1,191 of its 1,246 units are booked (96%). Since the December 2025 update, 13 more units have been booked and the reported concrete structure (RCC) has gone from 29% to 85%. 80% of the 2026 (so far) sales we found here were at ₹11,600 per sq ft or less, counting balconies and terrace in the size, based on 17 registered sales. Buyers here paid a rate about 5% lower than at other Hinjewadi projects in 2026. Most buyers paid ₹80–83 lakh for flats of 730–800 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.