VTP Monarque Phase 1, Hinjewadi
by Mexus Real Estate Developers LLP. Hinjewadi, Pune 411057. View on Google Maps
- Launched
- 5 years 4 months promised
- Possession date (MahaRERA)
- 3 years 2 months awayPossession date unchanged since launch
- Concrete structure (RCC)
- 0%Early stageAverage across 2 buildings
- Units booked
- 285 of 50457% booked
- Price per sq ft (incl. balconies and terrace)
- ₹11,9002026 so far · 41 salesup 1% on 202580% of the 2026 sales we found were at this rate or lessSee what buyers paid
Project facts
| 2 BHK | 216 |
|---|---|
| 3 BHK | 216 |
| 4 BHK | 72 |
| Total units | 504 |
| Buildings | 2 |
| Land | 4.8 acres |
| Complaints on MahaRERA (filed by or against the builder) | 3 |
Since Dec 2025: booked 246 → 285 · complaints 0 → 3
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 |
|---|---|
| 780 – 860 sq ft | ₹90 lakh – ₹1.01 crore |
| 950 sq ft | ₹1.12 – 1.16 crore |
Based on flats sold in 2026 so far.
Price per sq ft, year by year
80% of the flats sold in each year went for this price or less.
| 2024 | ₹11,200 per sq ft | 65 sales |
|---|---|---|
| 2025up 5% on 2024 | ₹11,800 per sq ft | 111 sales |
| 2026 so farup 1% on 2025 | ₹11,900 per sq ft | 41 sales |
Rate vs other Hinjewadi projects, 2026: similar
Compared with 6 similar projects in PIN 411057
Projects with 250–1,100 flats, launched within 6 months of this one.
| Measure | This project | Similar projects |
|---|---|---|
| Promised timeline (launch to possession) | 5 yrs 4 mths | 4 yrs 11 mths |
| Possession date extended | No | 0 of 6 |
| Possession date (MahaRERA) | December 2029 | July 2029 |
| Concrete structure (RCC) complete | 0% | 18% |
| Share of units booked | 57% | 64% |
| Complaints on MahaRERA (filed by or against the builder) | 3 | 2 |
"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 |
|---|---|---|---|---|
| Life Republic Sector R5/5th Avenue - Canvas/Phase I | July 2024 | September 2029 | 8% | 278 of 487 booked (57%) |
| Joy on The Tree Tops Project A | October 2024 | March 2030 | 9% | 358 of 661 booked (54%) |
| Yashwin Urbo Centro Phase 2 | October 2024 | June 2029 | 17% | 1,002 of 1,039 booked (96%) |
| Life Republic Sector R22/22nd Avenue - Atmos/Phase-II | May 2024 | December 2028 | 69% | 419 of 483 booked (87%) |
| Kohinoor Central Park - Phase 1 | May 2024 | December 2028 | 18% | 767 of 1,095 booked (70%) |
| The Ridges 41 | April 2024 | December 2029 | 36% | 254 of 628 booked (40%) |
Construction progress
As reported to MahaRERA at each updateUpdates reported to MahaRERA
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 65% | 0% | 0% | 285 | |
| 65% | 0% | 0% | 246 | |
| 0% | 0% | 0% | — |
"—" means MahaRERA shows no figure for that update.
Other phases of this project
About this project
VTP Monarque Phase 1 (MahaRERA P52100077322) is a residential project by Mexus Real Estate Developers LLP in Hinjewadi, Pune 411057. It was launched in August 2024. It has 504 units in 2 buildings, with 2, 3 & 4 BHK homes as registered with MahaRERA. Its MahaRERA status is Active.
Its registered possession date is December 2029, unchanged since launch. Construction, averaged across its 2 buildings: excavation 65% complete, structure (RCC) not started, final finishes not started. MahaRERA records do not show it as ready to move in.
285 of its 504 units are booked (57%). Since the December 2025 update, 39 more units have been booked. 80% of the 2026 (so far) sales we found here were at ₹11,900 per sq ft or less (up 1% on 2025), counting balconies and terrace in the size, based on 41 registered sales. Buyers here paid a rate similar to other Hinjewadi projects in 2026. Most buyers paid ₹90 lakh–₹1.01 crore for flats of 780–860 sq ft and ₹1.12–1.16 crore for 950 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.