Mahalunge, Pune
₹ 1.6 Cr- Ready to Move
- 1005 Sq.Ft. (Carpet Area)
₹51.58 Lac - 1.45 Cr
₹11,800 Per Sq. Ft.
Luxurious Township Living in West Pune’s Growing IT Corridor
VTP Blue Waters is a landmark 200+ acre integrated township by VTP Realty, located in the Hi-Tech City of Mahalunge, West Pune. Offering premium 2, 3, and 4 BHK apartments, this mega-development blends riverside tranquility, contemporary design, and urban convenience, establishing itself as one of Pune’s most future-ready residential destinations.
Set along the Mula River and scenic hills, the township encompasses signature residential clusters like VTP Monarque, Volare, Earth 1 by VTP Luxe, Bellissimo, Aethereus, Alpine, Leonara, and Belair- each reflecting high standards in construction, design, and lifestyle.
Amenities That Enhance Everyday Living
The seamless connectivity provided by upcoming infrastructure like Metro Line 3 and the Ring Road, combined with easy access to IT hubs in Hinjewadi and Baner, is drawing a growing population of professionals to Mahalunge. This influx directly supports high rental demand and long-term capital appreciation, making VTP Blue Waters a sound and future-proof investment choice.
Founded in the 1980s, VTP Realty, a key division of the VTP Group is renowned for its customer-first approach and innovative projects. With over 1.2 crore sq. ft. delivered and another 3 crore sq. ft. under development, VTP Realty redefines urban living in Pune and beyond, winning accolades for safety, sustainability, and design excellence.
Awards & Recognitions:
VTP Blue Waters offers exceptional homes, world-class amenities, and unbeatable access to Pune’s employment and lifestyle hubs within a next-generation township. Limited inventory and high demand make now the best time to invest, secure your premium home at VTP Blue Waters before the most desirable apartments are gone!
View the latest price list for VTP Blue Waters.
*Prices are indicative and subject to applicable charges and project terms.
VTP Blue Waters's average asking price is cooling quarter-on-quarter, compared with Mahalunge.
VTP Blue Waters avg. price is ₹ 11.8 K/Sq.Ft. compared to Mahalunge at ₹ 12.2 K/Sq.Ft.
Monthly Rent in Mahalunge ranges from ₹ 22 K to ₹ 32.5 K with options available for 1,2,3 BHK units
Get the latest price and market updates for VTP Blue Waters.
Pune's property market is characterized by a strong trend towards premium townships and infrastructure-led growth, with leading developers like VTP Realty and Godrej Properties expanding presence. This competitive landscape is driving innovation in project scale, execution, and design quality.
Rent in VTP Blue Waters ranges from ₹ 25 K to ₹ 40 K with options available for 2 BHK, 3 BHK.
Nitin Gadkari announced a massive ₹50000 crores road infrastructure plan for Pune. This includes an elevated corridor between Pune and Shirur, another on the Pune-Solapur route, a new Pune-Chhatrapati Sambhajinagar expressway, and road works in the Talegaon-Chakan-Shikrapur industrial belt.The Pune Ring Road project plus 10 laning of Pune Nashik highway will also progress rapidly
The Pune Municipal Corporation (PMC) is set to undertake significant infrastructure development in 32 merged villages, with an investment of approximately Rs 2,000 crore. This initiative, supported by the World Bank, Central Government, and Maharashtra Government, will focus on improving water supply, sewage networks, roads, and stormwater drainage.
The Pune Municipal Corporation (PMC) has earmarked ₹954 crore in its draft budget for FY2026-27 to fund infrastructure development in villages recently merged into the city's limits. This allocation aims to address gaps in civic amenities such as roads, sewage networks, and water supply in these peripheral areas, ensuring uniform development and improved service delivery.
During Q1'2026, average property prices for VTP Blue Waters moved from ₹ 11,950/sqft to ₹ 12,300/sqft, reflecting a 2.93% rise.
During Q4'2025, average property prices for VTP Blue Waters moved from ₹ 11,700/sqft to ₹ 11,950/sqft, reflecting a 2.14% rise.
Price:₹ 51.58 Lac
Price:₹ 95.00 Lac
Price:₹ 1.02 Cr
Price:₹ 1.42 Cr
Price:₹ 1.19 Cr
Price:₹ 1.45 Cr
Price:Price on Request
Explore resale listings currently available in VTP Blue Waters, Pune.
Explore the master plan, project photos and walkthrough videos of VTP Blue Waters to understand the overall layout, tower placement, amenities, landscaped spaces and key highlights before making your buying decision.
Living here offers a spacious and connected lifestyle, where residents can enjoy abundant green spaces and the tranquility of a riverfront setting. Families will particularly benefit from the integrated this amenity and dedicated play areas, while everyone can find social and active pursuits within the community clubs and town square. This project stands out for its thoughtful integration of nature and community facilities, providing a well rounded environment for its residents.
Download brochure, master plan & walkthrough video of VTP Blue Waters to explore floor plans, layout, and complete project details in Mahalunge, Pune.

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Trust & Verification
VTP Realty is a leading real estate brand in Pune. This accomplishment was made possible by years of enduring goodwill and a well-deserved reputation as a trustworthy turnaround expert who has seized over big, unviable enterprises and turned them around. Codename Township Pegasus and Codename Township Blue Waters in East and West Pune, respectively, serve as examples. VTP Realty also gains from the group's 37-year history in the building sector. Through backward integration, VTP Realty obtains 70% of the building materials VTP Realty need from the group firms, allowing them to produce higher-quality houses faster. VTP Materials is a top cement provider in West India, ranking first in Pune and second in Maharashtra. Another significant aspect of VTP Realty that merits discussion is its persistent commitment to quality, which is reflected in the individuals it hires. Indeed, every employee at VTP Realty has a wealth of professional expertise and skill. These experts strive to produce top-notch items with all their might and do not spare any effort. The business also cares to honour its agreements and price its goods fairly. Due to all of these factors, VTP developments in Pune are well-liked, and VTP Realty is proud of its status as one of the most recognisable brands in the city's real estate industry. VTP Group is a well-diversified organisation with a significant presence in the building products and construction sectors. The Group's strength strengthens the real estate vertical by offering a high-quality product and guaranteeing timely delivery. Leadership Team of VTP Realty. Mr Vilas Palresha founded VTP Group in 1985 as a building supplies provider, and he has always represented the company's tagline, "Take it higher." Nearly every national developer is a client of Viraj Projects, a significant infrastructure development as well as construction and engineering organisation that falls under the umbrella of the VTP Group. In every sector of the economy where VTP Realty work, VTP Realty have effectively established the leadership. To dominate the real estate market, VTP Realty will assemble a strong team that will work hard to continually provide products of the highest calibre while paying close attention to every last detail and being transparent about all procedures.
1, 2, 3 & 4 BHK spacious and contemporary layout apartments are available at VTP Blue Waters.
Yes, the project has easy connectivity to Hinjewadi Phase 1, Baner, and Balewadi.
World-class clubhouse, swimming pools, gym, yoga deck, jogging track, sports courts, and gardens.
Yes, it's RERA compliant, providing transparency and reliability in possession and construction standards.
This website is only for the purpose of providing information regarding real estate projects in different geographies. Any information which is being provided on this website is not an advertisement or a solicitation. The company has not verified the information and the compliances of the projects. Further, the company has not checked the RERA* registration status of the real estate projects listed herein. The company does not make any representation in regards to the compliances done against these projects. Please note that you should make yourself aware about the RERA* registration status of the listed real estate projects.
*Real Estate (Regulation & Development) Act, 2016.