Monarque by VTP Luxe, Hinjewadi
by Mexus Real Estate Developers LLP. Hinjewadi, Pune 411057. View on Google Maps
- Launched
- First of 2 phases
- Possession dates (MahaRERA)
- Dec 2029 – Dec 2030varies by phaseNo phase has an extended possession date
- Concrete structure (RCC)
- 0%Early stage0 of 2 phases with structure completeWeighted across 2 phases
- Units booked
- 143 of 58225% booked
- Price per sq ft
- ₹12,5002026 salesup 2% on 2025See what buyers paid
Facts
Project facts
| 2 BHK | 167 |
|---|---|
| 3 BHK | 325 |
| Total units | 582 |
| Buildings | 6 |
| Land | 4.8 acres |
| Phases | 2 |
Since Dec 2025: booked 102 → 143
Shortlist 2 or more to compare side by side.
Prices
What buyers paid here
From government sale recordsWhat 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 type | Size (total internal area) | What most buyers paid | Year |
|---|---|---|---|
| 2 BHK | about 840 sq ft | ₹95 lakh – ₹1.01 crore | 2026 sales |
| 3 BHK | about 1,260 sq ft | ₹1.52 – 1.58 crore | 2026 sales |
| 4 BHK | about 1,490 sq ft | ₹1.85 – 1.87 crore | 2026 sales |
Price per sq ft, year by year
| 2025 | ₹12,200 per sq ft |
|---|---|
| 2026up 2% on 2025 | ₹12,500 per sq ft |
Registered sales across all 2 phases.
Compared with the typical Hinjewadi rate in 2026: similar
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.
Phases
The 2 phases
| Phase | MahaRERA no. | Flats | Possession | Structure | Booked |
|---|---|---|---|---|---|
| Monarque by VTP Luxe Phase 2 Early stage | P52100079440 | 144 | 0% | 24% | |
| Monarque by VTP Luxe Phase 3 Early stage | P52100079752 | 348 | 0% | 25% |
Show updates by phase
Monarque by VTP Luxe Phase 2 (P52100079440)
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 100% | 0% | 0% | 34 | |
| 66% | 0% | 0% | 27 | |
| 0% | 0% | 0% | 23 |
"—" means MahaRERA shows no figure for that update.
Monarque by VTP Luxe Phase 3 (P52100079752)
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 78% | 0% | 0% | 109 | |
| 33% | 0% | 0% | 75 | |
| 0% | 0% | 0% | 60 |
"—" means MahaRERA shows no figure for that update.
Compare
Compared with 5 similar projects in PIN 411057
Projects with 200–1,000 flats, launched within 6 months of this one.
| Measure | This project | Similar projects |
|---|---|---|
| Promised timeline (launch to possession) | 5 yrs 3 mths | 5 yrs |
| Possession date extended | No | 1 of 5 |
| Possession date (MahaRERA) | Dec 2029 – Dec 2030 | June 2030 |
| Concrete structure (RCC) | 0% | 0% |
| Units booked | 25% | 58% |
| MahaRERA complaints (filed by or against the builder) | 3 | 0 |
"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 |
|---|---|---|---|---|
| Pune Wakad Project | March 2025 | June 2031 | 0% | Bookings not reported |
| Aventis | May 2025 | Jun 2030 – May 2031 | 0% | 123 of 199 booked (62%) |
| Landmarc | June 2025 | June 2030 | 0% | 340 of 476 booked (71%) |
| 41 Zoy | June 2025 | June 2029 | 0% | 77 of 348 booked (22%) |
| Joy on The Tree Tops Project A | October 2024 | March 2030 | 9% | 358 of 661 booked (54%) |
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.
Other phases of this project
About this project
Monarque by VTP Luxe is a project by Mexus Real Estate Developers LLP in Hinjewadi, Pune 411057, registered with MahaRERA as 2 phases (P52100079440, P52100079752). The first phase was launched in March 2025. Together the phases have 582 units in 6 buildings, with 2 & 3 BHK homes as registered with MahaRERA. All 2 phases are active on MahaRERA.
The phases' registered possession dates run from December 2029 to December 2030; no phase has an extended possession date. Across all phases, weighted by flats, the concrete structure (RCC) is 0% complete and final finishes 0% complete. 0 of the 2 phases have their structure complete.
143 of the 582 units reported for sale are booked (25%). In 2026 registered sales, 80% of flats here sold at ₹12,500 per sq ft or less (up 2% on 2025), counting balconies and terrace in the size. Buyers here paid a rate similar to the typical Hinjewadi rate in 2026. Most buyers paid ₹95 lakh–₹1.01 crore for 2 BHK flats of about 840 sq ft (2026 sales); ₹1.52–1.58 crore for 3 BHK flats of about 1,260 sq ft (2026 sales); ₹1.85–1.87 crore for 4 BHK flats of about 1,490 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 MahaRERA | 70 |
|---|---|
| Completed without extending the possession date | 26 |
| Completed after an extension | 3 |
| Lapsed | 10 |
| Under construction | 31 |
| Possession date extended on the builder's application | 10 |
| Typical time from launch to 100% structure | 4 years 11 months |
| MahaRERA complaints (filed by or against the builder), all VTP projects | 656 (60 of 70 projects) |
- Completed without extending the possession date: MahaRERA shows the project Completed and the builder did not apply to extend its possession date. MahaRERA's blanket extensions (COVID 2020–21, and the automatic 4 months of August 2026) are not counted as the builder's.
- Completed after an extension: MahaRERA shows the project Completed after the builder extended its possession date.
- Lapsed: the possession date passed with no extension or completion filed on MahaRERA; it does not by itself mean work has stopped.
- Under construction: MahaRERA status Active.
- Possession date extended on the builder's application: 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 (RCC) reached 100% between December 2023 and July 2026, counted from registration.
- MahaRERA complaints: complaints on MahaRERA filed by or against the builder, on all its projects.