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Earth 1 by VTP Luxe, Mahalunge

by Mahalunge Real Estate Developers PVT. Ltd.. Mahalunge, Pune 411045. View on Google Maps

Launched
First of 3 phases
Possession dates (MahaRERA)
Dec 2027 – Apr 2029varies by phaseNo phase has an extended possession date
Concrete structure (RCC)
50%Mid-construction0 of 3 phases with structure completeWeighted across 3 phases
Units booked
1,309 of 1,68078% booked
Price per sq ft
₹12,1002026 salesup 2% on 2025See what buyers paid

Project facts

2 BHK980
3 BHK560
4 BHK140
Total units1,680
Buildings7
Land1.1 acres
Phases3
MahaRERA complaints (filed by or against the builder)10

Since Dec 2025: booked 1,296 → 1,309

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What buyers paid here

From government sale records

What buyers paid in registered sales, not today's asking price. Use it to compare projects, then ask the builder for the current rate.

Flat types, sizes and prices

Flat typeSize (total internal area)What most buyers paidYear
2 BHKabout 670 – 860 sq ft₹87 lakh – ₹1.04 crore2026 sales
3 BHKabout 1,150 – 1,270 sq ft₹1.07 – 1.48 crore2025 sales
4 BHKabout 1,450 – 1,710 sq ft₹1.85 – 1.91 crore2026 sales

Price per sq ft, year by year

2023₹10,300 per sq ft
2024up 9% on 2023₹11,200 per sq ft
2025up 6% on 2024₹11,900 per sq ft
2026up 2% on 2025₹12,100 per sq ft

Registered sales across all 3 phases.

Compared with the typical Mahalunge rate in 2026: about 5% lower

How to read this price
  • 80% of registered sales that year were at this rate or less.
  • Size is total internal area: carpet + balcony + terrace.
  • Higher floors, corner flats and open views usually cost more; lower floors and road-facing flats often less.
  • The registered price includes parking and floor-rise; GST, stamp duty and registration are extra.
  • Fewer sales means a less certain figure.
  • Use it as a starting point for questions, not as an offer price.

Why this rate differs from other websites

The 3 phases

PhaseMahaRERA no.FlatsPossessionStructureBooked
Earth 1 by VTP Luxe Phase 1
Mid-construction
P5210004848998058%87%
Earth 1 by VTP Luxe Phase 2
Mid-construction
P5210005102528034%88%
Earth 1 by VTP Luxe Phase 3
Mid-construction
P5210005241442042%51%
Show updates by phase

Earth 1 by VTP Luxe Phase 1 (P52100048489)

Updates reported to MahaRERA, newest first
UpdateExcavationStructure (RCC)Final finishesUnits booked
100%58%0%848
100%41%0%842
100%0%0%672
69%0%0%566

"—" means MahaRERA shows no figure for that update.

Earth 1 by VTP Luxe Phase 2 (P52100051025)

Updates reported to MahaRERA, newest first
UpdateExcavationStructure (RCC)Final finishesUnits booked
100%34%0%247
100%3%0%247
100%0%0%169
70%0%0%12

"—" means MahaRERA shows no figure for that update.

Earth 1 by VTP Luxe Phase 3 (P52100052414)

Updates reported to MahaRERA, newest first
UpdateExcavationStructure (RCC)Final finishesUnits booked
100%42%0%214
100%9%0%207
100%0%0%82
20%0%0%3

"—" means MahaRERA shows no figure for that update.

How to read construction stages
Early stage
The concrete structure (RCC) has not started yet.
Mid-construction
The concrete structure (RCC) is being built.
Nearing possession
The concrete structure (RCC) is complete and final finishes are below 90%.
Ready to move
MahaRERA shows the project Completed, or the concrete structure (RCC) is complete and final finishes are 90% or more.
Concrete structure (RCC)
The reinforced-concrete frame of the building: columns, beams and slabs.
Final finishes
Lifts, services, common areas and other works needed before handover, not the finishes inside each flat.
Lapsed
MahaRERA status when the possession date has passed with no extension or completion filed; it does not by itself mean work has stopped.

How to read construction stages

About this project

Earth 1 by VTP Luxe is a project by Mahalunge Real Estate Developers PVT. Ltd. in Mahalunge, Pune 411045, registered with MahaRERA as 3 phases (P52100048489, P52100051025, P52100052414). The first phase was launched in January 2023. Together the phases have 1,680 units in 7 buildings, with 2, 3 & 4 BHK homes as registered with MahaRERA. All 3 phases are active on MahaRERA.

The phases' registered possession dates run from December 2027 to April 2029; no phase has an extended possession date. Across all phases, weighted by flats, the concrete structure (RCC) is 50% complete and final finishes 0% complete. 0 of the 3 phases have their structure complete.

1,309 of the 1,680 units reported for sale are booked (78%). In 2026 registered sales, 80% of flats here sold at ₹12,100 per sq ft or less (up 2% on 2025), counting balconies and terrace in the size. Buyers here paid a rate about 5% lower than the typical Mahalunge rate in 2026. Most buyers paid ₹87 lakh–₹1.04 crore for 2 BHK flats of about 670–860 sq ft (2026 sales); ₹1.07–1.48 crore for 3 BHK flats of about 1,150–1,270 sq ft (2025 sales); ₹1.85–1.91 crore for 4 BHK flats of about 1,450–1,710 sq ft (2026 sales). The registered price includes parking and floor-rise; GST, stamp duty and registration are extra.

VTP's track record in Pune

MahaRERA projects registered 2017–2026 in Pune & PCMC

Projects registered with MahaRERA70
Completed without extending the possession date26
Completed after an extension3
Lapsed10
Under construction31
Possession date extended on the builder's application10
Typical time from launch to 100% structure4 years 11 months
MahaRERA complaints (filed by or against the builder), all VTP projects656 (60 of 70 projects)

See all VTP projects →

Source: MahaRERA registrations P52100048489, P52100051025 and P52100052414.Open MahaRERA and search P52100048489All projects in Baner, Balewadi, Mahalunge