In ExtensionP52100077322Registered Aug 2024Delayed 120dExtension1 red flag

Monarque by VTP Luxe Phase 1

A residential / group housing project by Mexus Real Estate Developers LLP in Hinjewadi, Pune.

Data as of Oct 2026, from this project's public MahaRERA filing. View on the MahaRERA portal ↗

Overview

Status & progress

Per MahaRERA record as of Oct 2026.

Construction
4%
cost-weighted
Declared completion
Apr 2030
delayed 120d
Units sold
291 / 504
58% sell-through
Basics

Project basics

As filed with MahaRERA — not analysis, just the record.

Promoter
Mexus Real Estate Developers LLP · Partnership
Project type
Residential / Group Housing
Land area
36,217 m² · Permissible built-up (FSI) 86,291 m²
Total units
504 across 2 wings
Estimated cost
₹254.4 Cr
Land ownership
Promoter is the landowner
Parking
504 four-wheeler · 0 two-wheeler
Application date
30 Jul 2024
Buildings & units

2 wings

Floors and unit counts as filed.

WingFloors sanctionedTotal units
NA39 of 39 proposed216
NA39 of 39 proposed288
People on record

Promoter & professionals

Names and registrations as declared — no background analysis.

Architect
Vk:a architecture · CA/2002/29235
Structural engineer
· 1729/21
Project bank
ICICI BANK LIMITED
Location

Where it sits

Hinjewadi, Pune — 411057.

Locality
Hinjewadi
District
Pune
Authority
Pune Metropolitan Region Development Authority
Red flags

1 flag on this project

What they are and why they matter — in the full report.

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Delay analysis & explanations

Why these flags matter

Unlock the delay analysis, sales & construction narrative, and what-to-verify checklist for this project.

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Legal & encumbrance

Complaints, litigation & charges

Unlock the complaint list with order and warrant detail, plus full encumbrance and litigation detail and the FAQ.

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Monarque by VTP Luxe Phase 1: common questions

Is Monarque by VTP Luxe Phase 1 RERA registered?

Yes. Monarque by VTP Luxe Phase 1 is registered with MahaRERA under registration number P52100077322, granted on 6 August 2024. As of October 2026, the registration is active under a MahaRERA extension.

What is the possession date of Monarque by VTP Luxe Phase 1?

The developer has declared completion by April 2030 in its MahaRERA filing, revised from the original December 2029. The record shows the project running 120 days behind its declared schedule. The RERA completion date is the developer's legal commitment; the possession date in your agreement can differ, so check both.

Who is the builder of Monarque by VTP Luxe Phase 1?

Monarque by VTP Luxe Phase 1 is developed by Mexus Real Estate Developers LLP, the promoter named in its MahaRERA registration.

Where is Monarque by VTP Luxe Phase 1 located?

Monarque by VTP Luxe Phase 1 is in Hinjewadi, Pune (PIN 411057), Maharashtra, as declared in its RERA registration.

How many units does Monarque by VTP Luxe Phase 1 have, and how many are sold?

Monarque by VTP Luxe Phase 1 has 504 units on its RERA registration. 298 were reported sold as of October 2026, leaving 206 unsold.

How much construction of Monarque by VTP Luxe Phase 1 is complete?

By the developer's own quarterly filing, 4% of the work is done, measured against the project's cost estimate.

Is there any litigation against Monarque by VTP Luxe Phase 1?

1 litigation case is declared on Monarque by VTP Luxe Phase 1's MahaRERA record. The full report lists each case with its court and status.

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