VTP Velvet Villas Phase I is a premium residential villa project by VTP Realty located in Kharadi Annex, Pune, within the larger Codename Pegasus township in New Kharadi. The project offers 3 and 5 BHK luxury villas.

The project is spread across approximately 2.36 acres and comprises 43 villas. The villas are designed as an exclusive gated enclave with spacious layouts, landscaped areas and premium specifications.

Published project information lists villa sizes from approximately 4,132 to 9,184 sq.ft., depending on the configuration and villa type.

RERA NO. : P52100031829 | Possession: 31/12/2025

Important Pricing Check For VTP Velvet Villas Phase I

Check These Charges Separately

• Agreement value
• RERA carpet area
• GST, if applicable
• Stamp duty
• Registration
• Floor-rise charges, if applicable
• Preferred-location/view charges
• Parking
• Maintenance deposit
• Corpus/IFMS
• Electricity/water charges
• Other applicable charges

Compare the project using the final all-inclusive cost per RERA carpet sq.ft.

Explore Locality Around VTP Velvet Villas Phase I

1. IT & Business Hubs

• EON IT Park
• World Trade Center Kharadi
• Kharadi IT corridor
• International Tech Park
• Business and commercial developments around New Kharadi

Published property information places EON IT Park approximately 4.4 km away and World Trade Center Kharadi approximately 4.3 km away.

2. Education

• EuroSchool Kharadi
• ORCHIDS The International School
• Podar International School
• Milestone International School
• Dhole Patil College of Engineering
• Dr. R.K.S. College

EuroSchool Kharadi is listed among the nearby educational institutions around the project.

3. Healthcare

• Manipal Hospital, Kharadi
• Motherhood Hospital
• Vatsalya Hospital
• Jeewan Jyot Hospital
• Other healthcare facilities around Kharadi and Manjari

The project is listed close to Manipal Hospital, Kharadi, with additional healthcare options available around the Kharadi–Manjari belt.

4. Retail & Lifestyle

• Phoenix Marketcity
• Seasons Mall
• Amanora Mall
• Restaurants and cafés around Kharadi
• Retail and commercial facilities along Kharadi–Mundhwa Road

5. Connectivity

The project provides access toward:

• Kharadi
• New Kharadi
• Manjari
• Hadapsar
• Mundhwa
• Wagholi
• Pune Airport
• Pune–Ahmednagar Road

Ramwadi Metro Station is the nearest metro station listed by property portals, at approximately 7.1 km in one project listing.

Materials & Finishing For VTP Velvet Villas Phase I

Published project specifications include:

• Italian marble flooring
• Premium anti-skid terrace tiles
• Modular electrical switches
• Veneer-finish doors
• Anodized Fenesta sliding windows
• Premium luster-emulsion internal wall paint
• Weather-shield external wall finish
• Smart-home/security provisions
• Double-height ceiling design
• Private elevator in selected villa types
• Premium bathroom specifications

The exact specifications can differ by villa type, so verify the approved specification sheet and Agreement for Sale before purchase.

✅ Positive Aspects For VTP Velvet Villas Phase I

1. Premium Villa Living
   The project offers large 3 and 5 BHK villas rather than conventional apartments, providing substantially more private living space.
2. Kharadi Annex Location
   The project is positioned in the New Kharadi/Kharadi Annex area with access toward Kharadi’s IT and commercial corridor.
3. Close To Major IT Hubs
   EON IT Park and World Trade Center Kharadi are relatively close, which can benefit buyers working in the Kharadi business district.
4. Exclusive Community
   Phase I consists of only 43 villas, creating a relatively low-density residential environment.
5. Premium Specifications
   Italian marble flooring, double-height spaces, smart-home features and private elevators in selected villa types add to the luxury positioning.
6. Lifestyle Amenities
   Amenities include a swimming pool, gymnasium, multipurpose court, children’s play area, skating facilities, cycling/jogging tracks and landscaped recreational areas.

❌ Considerations For VTP Velvet Villas Phase I

1. High Entry Price
   The project is positioned in the luxury segment, with published prices starting at around ₹4.27 Cr for Phase I.
2. Large Ticket Size
   The large villa sizes result in a significantly higher overall purchase cost compared with conventional apartments in Kharadi Annex.
3. Maintenance Cost
   A large villa community with extensive amenities, landscaped areas and security infrastructure can involve higher ongoing maintenance expenses.
4. Limited Configuration
   The project primarily offers 3 and 5 BHK villas, so it is not suitable for buyers looking for smaller 1 or 2 BHK homes.
5. Possession/OC Verification
   Published sources show different status descriptions, so buyers should independently verify the current construction, possession and Occupancy Certificate status of the selected villa.

⚠️ Factors to Evaluate For VTP Velvet Villas Phase I

1. Confirm the Phase I MahaRERA registration: P52100031829.
2. Verify the exact villa number and villa type.
3. Match the carpet area with the approved floor plan.
4. Verify plot area, built-up area and carpet area separately.
5. Check the actual possession and Occupancy Certificate status.
6. Obtain the complete purchase cost sheet.
7. Verify parking allocation and charges.
8. Check garden/terrace ownership and usage rights.
9. Verify the exact specifications included with the selected villa.
10. Check the villa’s orientation, ventilation and natural light.
11. Inspect the private elevator and smart-home provisions, where applicable.
12. Verify maintenance and common-area charges.
13. Check water supply, drainage and fire-safety arrangements.
14. Review title documents, approvals and Agreement for Sale before signing.

MahaRERA No.: P52100031829 for VTP Velvet Villas Phase I. Phase II is separately registered under P52100047370, so buyers should not confuse the two phases.

Should You Buy VTP Velvet Villas Phase I?

Consider buying if:

• You are specifically looking for a luxury villa in Kharadi Annex.
• You want a large 3 or 5 BHK independent villa.
• You work around EON IT Park or WTC Kharadi.
• You prefer a low-density gated villa community.
• You value premium specifications and large private spaces.
• Your budget comfortably supports the project’s high-ticket pricing.
• The final all-inclusive cost is competitive with other luxury villas in Kharadi, Manjari and New Kharadi.

Think twice if:

• You are looking for an affordable apartment.
• You do not need a very large villa.
• You want lower maintenance expenses.
• Your budget is below the luxury-villa segment.
• You prefer a location closer to central Pune.
• The final all-inclusive price is substantially higher than comparable luxury villas in the surrounding area.

FAQ

1. Who is the developer of VTP Velvet Villas Phase I?

VTP Velvet Villas Phase I is developed by VTP Realty.

2. Where is VTP Velvet Villas Phase I located?

The project is located in Kharadi Annex, Pune, within the New Kharadi/Manjari area and is part of the larger Codename Pegasus township.

3. What configurations are available?

The project offers 3 BHK and 5 BHK luxury villas.

4. What is the RERA number?

The MahaRERA registration number for VTP Velvet Villas Phase I is P52100031829. Phase II has a separate registration, P52100047370.

5. Is VTP Velvet Villas Phase I ready to move?

The listed possession start date for Phase I is December 2025. However, published portals currently show differing project-status descriptions, so buyers should verify the actual possession and OC status of the selected villa before purchase.

6. What is the price of VTP Velvet Villas Phase I?

Published Phase I pricing is approximately ₹4.27 Cr–₹5.60 Cr for 3 BHK villas and ₹7.62 Cr–₹9.50 Cr for 5 BHK villas. Current resale prices can differ significantly.

7. What are the villa sizes?

Published Phase I information lists sizes of approximately 4,132–9,184 sq.ft., depending on the villa configuration and type.

8. What are the major amenities?

Major amenities include a swimming pool, gymnasium, multipurpose court, children’s play area, skating facilities, cycling and jogging tracks, clubhouse, landscaped areas and security facilities.

9. Is VTP Velvet Villas Phase I close to EON IT Park?

Yes. Current property listings place EON IT Park at approximately 4.4 km from the project.

10. Is VTP Velvet Villas Phase I suitable for families?

The project can be considered by families looking for large luxury villas, private outdoor space, premium specifications and gated-community amenities, particularly those working in and around Kharadi.

11. What is the biggest advantage of VTP Velvet Villas Phase I?

The combination of large luxury villas, a limited 43-villa enclave, premium specifications and proximity to Kharadi’s major IT hubs is one of the project’s key advantages.

12. What is the biggest concern?

The main concerns are the high purchase price, large ticket size, potentially higher maintenance costs and the need to verify the exact possession/OC status of the selected villa.

13. Does VTP Velvet Villas Phase I have luxury amenities?

Yes. The project includes lifestyle amenities such as a clubhouse, swimming pool, gymnasium, multipurpose court, children’s play area, skating facilities, cycling/jogging tracks and landscaped recreational spaces.

14. What should I verify before buying?

Verify the Phase I RERA registration, exact villa and plot area, carpet area, approved floor plan, possession/OC status, parking, specifications, maintenance charges, water/drainage arrangements, title documents, approvals and Agreement for Sale before completing the purchase.

15. Is VTP Velvet Villas Phase I a good option for Kharadi buyers?

It can be considered if your priority is large luxury villa living, privacy, premium specifications and access to EON IT Park and WTC Kharadi. The final decision should depend on the selected villa, possession status and the all-inclusive purchase cost compared with other luxury villa projects in Kharadi Annex, Manjari and New Kharadi.