Pune/Project record

MahaRERA · the public record

MONARQUE BY VTP LUXE PHASE 2

Hinjewadi · MEXUS REAL ESTATE DEVELOPERS LLP

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106units filed as unsoldInventory · 20 September 2026
31 Dec 2029declared completionMahaRERA registration · read 12 Jul 2026
144registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

31 Dec 2029

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P52100079440

Delivery and registration

When is the project declared for completion?

MONARQUE BY VTP LUXE PHASE 2 is registered with MahaRERA as P52100079440 and the promoter has declared completion for 31 Dec 2029.

31 Dec 2029

declared completion

39months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP52100079440
Registered on06 Mar 2025
Promoter-declared completion31 Dec 2029
Current statusCertificate Signed
Against today39 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for MONARQUE BY VTP LUXE PHASE 2 record 6 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

  • Filing progress reports — 6 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Mexus Real Estate is the promoter of record on 4 projects registered with MahaRERA, none of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

4projects

registered with MahaRERA

0flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Construction

How much construction cost has been reported?

In MONARQUE BY VTP LUXE PHASE 2, ₹4.44 Cr of a declared ₹102.11 Cr estimated project cost is reported as incurred, about 4.3%, as at the last certified filing with MahaRERA.

4.3%

₹4.44 Cr

of ₹102.11 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In MONARQUE BY VTP LUXE PHASE 2, 38 of 144 homes filed with MahaRERA are recorded as sold or booked (36 with registered agreements and 2 booked), about 26%, and 106 remain available.

26%sold

38 of 144 homes

₹69.04 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹13.22 Cr (about 19%) is recorded as collected and ₹55.82 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 38 registered agreements, the effective carpet rate is ₹13,333/sqft, with eight in ten falling between ₹12,989 and ₹13,747 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, home by home

Read from MahaRERA on 20 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 38 homes carry one, and 106 of the 144 are recorded unsold. Since we started watching this ledger, 4 homes have moved out of the unsold list, most recently on 19 July 2026.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
P1-041,370 sqftRs 1.8143 cr typical, over Rs 1.7462 cr to Rs 1.9948 cr38 filed at this size

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.

In MONARQUE BY VTP LUXE PHASE 2, 100 of the 106 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 105 homes — ₹2,999 →

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+39 and 144 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Tower-21G+39144-

Unit mix on the filing: 144 residential.

Legal and disputes

What disputes are disclosed?

2 complaints are on the MahaRERA record for MONARQUE BY VTP LUXE PHASE 2, with orders passed in 1 of them.

2complaints

1with an order

Counts as disclosed in the project record.

Source · MahaRERA project disclosures · read 12 Jul 2026

Complaint no.FiledPartiesStatus
CC1260228218/04/2026MEXUS REAL ESTATE DEVELOPERS LLP vs ALISHAN UBID KHANorder passed
CC1260228318/04/2026MEXUS REAL ESTATE DEVELOPERS LLP vs MRS PRADNYA RAVINDRA KAWAREpending / no order on file

Legal & Litigation

The promoter has declared 1 court case on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your home. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Divisional Commissioner162025Closed

Location, Land & Connectivity

Located at Hinjewadi, Hinjewadi, Haveli, Pune, 411057. Per the filed land record, the plot is bounded to the north by Survey No- 191-2, to the south by 36M Wide Road, to the east by 36M Wide Road and to the west by Survey No- 193-1. These are the boundaries as recorded in the filed land record.

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Builder track record

Mexus Real Estate Developers LLP is the promoter on 3 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

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Other RERA-registered projects in Pune

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Mont Vert Axis
possession by Dec 2028 · Mont Vert Needs
Mont Vert Belcreek
possession by Dec 2028 · Mont Vert Elegance
Mont Vert Grande Bldg Type G Plot 2
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Mont Vert Grande Plot 4 Bldg D
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Mont Vert Kingstown Sector 1 Residential Wings
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What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Pune RERA red-flag register.

Last checked against the RERA register: 20 Sep 2026