What is the RERA number and possession date?

The project is registered in two phases: Velvet Villas Phase 1, MahaRERA P52100031829 (registered 12 Nov 2021, 31 villas, original completion 31 Dec 2025, revised to 30 Apr 2027) and Velvet Villas Phase 2, P52100047370 (registered 27 Oct 2022, 12 villas, original completion 31 Dec 2025, revised to 31 Dec 2026). The promoter on MahaRERA is Ashdan Developers Pvt Ltd. Possession as per the agreement is December 2026.

What villa types and sizes are available?

There are three villa types, all ground + 1 floor with a private top terrace. Type 1 (villas #1–24): 3 bedrooms, 2,164 sq ft carpet. Type 2 (villas #25–36, except #32): 3 bedrooms, about 2,714–2,725 sq ft carpet. Type 3 (villas #37–44 and #32): 5 bedrooms, about 3,525–3,688 sq ft carpet (3,670 sq ft for the standard plan). Each also has a servant's room, which is why VTP markets them as 3.5 and 5.5 BHK villas. Plot areas range from about 2,273 sq ft to 6,166 sq ft.

What does the second area figure (for example 2,164 + 977 sq ft) mean?

The first figure is the villa's carpet area as per the plan book: basic carpet across the ground, first and terrace floors plus the first-floor deck (balcony) – e.g. 2,082.62 + 81.27 = 2,163.89 sq ft for Type 1. The second figure is the additional exclusive open area that comes with the villa (private garden and open terrace), which is not part of the carpet area. As per the plan book, Type 1 villas have a private garden of about 1,049–1,723 sq ft and a 919 sq ft open top terrace; Type 2 villas a garden of about 1,446–1,546 sq ft and a 1,141–1,175 sq ft terrace; Type 3 villas a garden of about 2,623–4,043 sq ft and a 1,471–1,624 sq ft terrace. Exact figures vary by villa, so check the specific villa's plan with the sales team.

What is the price of VTP Velvet Villas?

3-bed villa (2,164 + 977 sq ft): ₹6.20 Cr to ₹6.85 Cr. 3-bed villa (2,725 + 1,446 sq ft): ₹8.50 Cr to ₹8.85 Cr. 5-bed villa (3,670 + 2,372 sq ft): ₹10.75 Cr to ₹12.00 Cr. Prices vary by villa and plot; contact us for the current price sheet.

How big is the project?

Velvet Villas has 43 villas on a 5-acre land parcel with about 1 acre of open space, inside the 165+ acre Township Codename Pegasus.

What are the villa specifications?

Italian marble flooring, grand double-height ceilings in the living and dining areas overlooking a landscaped front garden, a private back garden, and a master suite with a walk-in wardrobe and a skylight above the jacuzzi.

How well connected is Velvet Villas?

Holy Angels Convent School is next door (0 km), Sanskriti School 4 km, Podar International School 4.5 km, Kothari International School 5 km, Lifeline Hospital 6 km, Columbia Asia Hospital 7 km, Radisson Blu 5 km, Phoenix Market City, Amanora Mall and Seasons Mall about 10 km, Pune Airport 11 km, Hadapsar Industrial Estate 11 km and Pune Railway Station 15 km.

Is there a stamp duty benefit?

Velvet Villas is part of a township project, and the developer's sheet lists stamp duty at the township-benefit rate of 4.5% (PMC). Confirm the applicable rate with the sales team at the time of booking.

Who is the developer of VTP Velvet Villas?

Velvet Villas is developed under VTP Luxe, the luxury brand of VTP Realty, the Pune developer behind the Pegasus, Blue Waters and Skylights townships. The MahaRERA promoter entity is Ashdan Developers Pvt Ltd.

Under Construction

VTP Velvet Villas

Velvet Villas, Township Codename Pegasus, New Kharadi, Haveli, Pune, Maharashtra 412307View on map

Configuration

3 & 5 BHK Apartment

Carpet Area

2164 sq.ft

Avg. Price

₹29,710/sq.ft

Starting Price

₹6.2 Cr

Possession Starts

Dec 2026

Project Status

Under Construction

Locality

New Kharadi, Kharadi

Developer

VTP Realty

RERA Id

P52100031829

Check RERA Status

About VTP Velvet Villas

Velvet Villas by VTP Luxe is an exclusive gated enclave of just 43 independent villas on a 5-acre land parcel inside VTP Realty's 165+ acre Township Codename Pegasus in New Kharadi, Pune, near WTC and EON IT Park. About an acre is kept as open space. Each villa rises ground + 1 floor with a private top terrace, in three types: Type 1 and Type 2 three-bedroom villas of 2,164 and 2,725 sq ft carpet, and Type 3 five-bedroom villas of 3,670 sq ft carpet, each with its own landscaped front and back gardens and a servant's room. Interiors feature Italian marble flooring, grand double-height living and dining areas overlooking the front garden, and a master suite with a walk-in wardrobe and a skylight above the jacuzzi. The enclave has a palm-lined entry boulevard, a clubhouse with multipurpose hall and indoor gym, a heated swimming pool and children's pool, a multi-sport court, outdoor gym, children's play area, barbeque zone, senior citizen plaza and a party lawn with stage, plus multi-tier security and access to township amenities. Holy Angels Convent School is next door, Phoenix Market City and Amanora Mall are about 10 km away and the airport about 11 km. Prices start from ₹6.20 Cr. Agreement possession is December 2026. MahaRERA P52100031829 (Phase 1) and P52100047370 (Phase 2).

Take a virtual tour of VTP Velvet Villas

VTP Velvet Villas' Floor Plans & Pricing

2 Floor Plans Available

2164 sqft

₹6.2 Cr

2725 sqft

₹8.5 Cr

Amenities of VTP Velvet Villas

Clubhouse

Gymnasium

Sports Court

Swimming Pool

24x7 Security

Landscaped Garden

Kids' Play Area

View official brochure

VTP Velvet Villas brochure — flip through it here, download when you're ready.

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Around VTP Velvet Villas

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About VTP Realty

VTP Realty

Est. 2004 · 9 projects · Pune

Fast-growing Pune developer of large gated communities across Wakad, Mahalunge and Kharadi.

VTP Velvet Villas' RERA

RERA Reg. No. P52100031829

This project is registered under the Real Estate (Regulation and Development) Act. Verify details on your state RERA portal before transacting.

Frequently asked questions about VTP Velvet Villas

Velvet Villas is a private gated enclave inside VTP Realty's 165+ acre Township Codename Pegasus in New Kharadi, Pune (Haveli taluka, pincode 412307 as per MahaRERA), near WTC and EON IT Park. The township has five access points from across east Pune.