ActiveP52100079752Registered Mar 20251 red flag

Monarque by VTP Luxe Phase 3

A others 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
2%
cost-weighted
Declared completion
Dec 2030
no delay on record
Units sold
113 / 642
18% sell-through
Basics

Project basics

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

Promoter
Mexus Real Estate Developers LLP · Partnership
Project type
Others
Land area
19,536 m² · Permissible built-up (FSI) 72,420 m²
Total units
642 across 3 wings
Estimated cost
₹180.2 Cr
Land ownership
Promoter is the landowner
Parking
383 four-wheeler · 552 two-wheeler
Application date
28 Feb 2025
Buildings & units

3 wings

Floors and unit counts as filed.

WingFloors sanctionedTotal units
NA39 of 39 proposed268
NA39 of 39 proposed284
NA4 of 4 proposed90
People on record

Promoter & professionals

Names and registrations as declared — no background analysis.

Architect
Vk:a architecture · CA/2002/29235
Structural engineer
GA BHILARE CONSULTANTS PVT LTD
Project bank
ICICI BANK LIMITED
Location

Where it sits

Hinjewadi, Pune — 411057.

Locality
Hinjewadi
District
Pune
Authority
PUNE METROPOLITAN REGIONAL 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 3: common questions

Is Monarque by VTP Luxe Phase 3 RERA registered?

Yes. Monarque by VTP Luxe Phase 3 is registered with MahaRERA under registration number P52100079752, granted on 26 March 2025. As of October 2026, the registration is active.

What is the possession date of Monarque by VTP Luxe Phase 3?

The developer has declared completion by December 2030 in its MahaRERA filing. 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 3?

Monarque by VTP Luxe Phase 3 is developed by Mexus Real Estate Developers LLP, the promoter named in its MahaRERA registration.

Where is Monarque by VTP Luxe Phase 3 located?

Monarque by VTP Luxe Phase 3 is in Hinjewadi, Pune (PIN 411057), Maharashtra, as declared in its RERA registration.

How many units does Monarque by VTP Luxe Phase 3 have, and how many are sold?

Monarque by VTP Luxe Phase 3 has 642 units on its RERA registration. 119 were reported sold as of October 2026, leaving 523 unsold.

How much construction of Monarque by VTP Luxe Phase 3 is complete?

By the developer's own quarterly filing, 2% of the work is done, measured against the project's cost estimate.

Is there any litigation against Monarque by VTP Luxe Phase 3?

1 litigation case is declared on Monarque by VTP Luxe Phase 3's MahaRERA record. The full report lists each case with its court and status.

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