Township Codename Blue Waters is a premium residential project in Mahalunge, Pune. With a starting price of just over Rs 30 lakhs.
For more info :
https://www.squareyards.com/pune-residential-property/vtp-blue-waters/10459/project
https://www.squareyards.com/property-in-pune
1. VTP Blue Waters
Mahalunge,Pune
WHY SHOULD YOU INVEST IN VTP BLUE WATERS
PROJECT OVERVIEW
CONFIGURATION
TYPES Carpet Area
1BHK 423 Sq.Ft
PROPERTY DETAILS
MARKET ANALYSIS- VTP BLUE WATERS VS OTHERS
Pricing
₹33,25,737 -₹34,54,264
793 Sq.Ft. ₹63,56,696 to ₹65,70,6852BHK
Township Codename Blue Waters is a premium residential project in Mahalunge, Pune. With a starting price of just
over ₹30 Lakhs, the projects offers ‘MLA – Maximum Liveable Area” Concept, where you get bigger room sizes within
the same carpet area.
1.
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4.
VTP Blue Waters is the only township development in the area. This gives it an advantage over other projects with
respect to the stamp duty registration (SDR) charges.
While SDR for VTP Blue Waters stands as low as 3.5% due to the township planning act, it is around 7% for other
projects
Compared to other projects in the nearby micro-markets of Baner, Hinjawadi and Wakad, VTP Blue Waters is priced
almost 30% lower.
Once ready, the project is expected to generate a monthly rent of anywhere between ₹20,000 to ₹30,000 for a 2BHK
apartment, which is comparable to the existing projects in the vicinity.
Club House
Sports & Outdoor Green Area
Fitting & Furnishings
Specifications
Infinity and Leisure
Pool
Children’s Play
Area
Green Compliance
Project
MLA Concept
Smart Homes Compatible with Alexa Voice Command
MotionSensorLights
Solar Connection in Master Toilet
Clubhouse
Multipurpose Hall
Acupressure Path Way
Gymnasium
Skating Rink
PROPERTY DETAILS
The project offers a price range of ₹33.25- ₹65.70 Lakhs approx..
Located in Mahalunge, within 2-5 minutes from Baner, Hinjewadi and Wakad
The township is spread across 100 acres
Both 1 and 2.5 BHK units available from 423-793 Sq.Ft. (carpet)
22 Kms from Upcoming Navi Mumbai International Airport
In proximity of 16,000 Sq.Ft. IT Corridor
Page 1 of 4
2. MICRO-MARKET ANALYSIS: WHY MAHALUNGE
Relatively affordable prices, good connectivity and easy access to well-developed social and civic infrastructure is
driving residential demand in Mahalunge.
Since, the micro-markets of Wakad, Hinjewadi and Baner have become increasingly saturated in the past, Mahalunge has
emerged as a sought-after residential hub in West Pune. The location is also being preferred for having the highest air
quality index in Maharashtra.
Well connected to prime locations such as Baner (3 minutes), Wakad (5 minutes) and Hinjewadi IT Park (2 minutes).
There are 4 metro stations coming up in the area that would largely enhance connectivity to different pats of the city.
The locality is also an easy drive of 22 Km to the upcoming international airport in Navi Mumbai.
Well connected to the Pune-Mumbai Highway.
Connectivity
As per market sources, the average
capital values in the locality vary
between ₹5800-7200 per Sq. Ft. at
present. The location has witnessed a
mixed-trend with respect to residential
values in the last one year. Prices have
largely remained stagnant in the last
two quarters.
Proximity to IT hubs will ensure a
steady rental demand in the locality
once projects are ready. The average
rental value for a 2BHK is expected to
be ₹20,000-30,000 per month approx-
imately.
Capital and rental values
5. Also, one of the key USPs of the project that no other project is offering in the location is the use of the MLA (maximum
liveable area) concept in their design philosophy. This ensures bigger-sized and efficiently planned rooms utilising the
complete carpet area compared to other projects in the market.
Talking specifically of Tower Bel Air, it offers a river view along with a one acre chowpatty development with Goa-like
shacks. This is a novel concept offered by no other developer in the vicinity.
The project also offers free covered parking whereas the same is paid in Godrej Hillside, the only other comparable
project in the vicinity.
6.
Today, the location largely has under-construction
properties and hence the average capital values
are still within the affordable range.
Once most projects near possession, these would
see a capital appreciation. This would push up the
average values in the locality over a period of time.
Further, there are several infrastructure projects in
the pipeline which would bolster its strength as a
growing residential hub.
For instance, four metro stations are planned in
and around Mahalunge. Once ready this would
also push up capital values significantly.
Increasing property prices due to high demand in
IT driven hubs like Hinjewdi will push rental
demand towards Mahalunge in the future.
Scope for growth
The location offers multiple schools and hospitals within a distance of 5-20
minutes. A plethora of entertainment and recreational options ranging from
shopping to amusement parks are present in the vicinity.
Social infrastructure
Education
Banyan Tree International
School: 2.2 Km
BTIS School: 3.1 km
OM International School: 5.3 KM
Health Care
Nucare Hospital- 5.1 Km
Lifepoint multi-speciality hospital-6.8 Km
Dhanvantari Hospital: 6.7 Km
Transport Links
BRT Bus stand: 2 Km
Pune railway station: 16 Km
Airport: 22 Km
Shopping and Entertainment
XION Mall: 5 Km
Balewadi High street: 5.9 Km
Westside: 3.6 Km
7.
Page 2 of 4
VTP Blue Waters
Mahalunge,Pune
3. PAYMENT PLANS
In this plan the buyer pays 5% as the booking amount, 5% at registration and 1% every month. On the 12th, 18th and 24th
month, the buyer has to make a payment of 10%, 15% and 20% respectively. The remaining 11% has to be paid on
Possession. This explained in the table below:
1% Per Month Plan
ABOUT DEVELOPER
VTP Group has garnered immense goodwill and a prominent position in supplying construction material in the past 30 years.
They are also known as the largest supplier of cement in Pune.
Taking the legacy forward, they introduced their real estate division in the year 2011. With their distinguished experience in
sourcing construction material, easy access to the latest construction technology, they have delivered top-notch quality,
good specifications that reflects their proven edge over other developers. They also make sure to offer thoughtfully planned
amenities, ample leisure and recreation facilities for entire family without compromising on amenities spaces in their
residential developments. That’s not all, the developer has already broken all sales records in Pune with the launch of
Township Codename Blue Waters Mahalunge and the Township Codename Pegasus which is revolutionising the real estate
market in New Kharadi.
The developer is also the torchbearer of the MLA Concept (maximum liveable area), which ensures to provide bigger rooms
in the same carpet area. They have been the real revolutionist of the real estate industry in Pune and have been applauded
by the customers for turning large stuck township projects into big success stories.
VTP Realty has delivered close to 1 million Sq.Ft.. of real-estate spaces in Pune, including residential, commercial, retail and
hospitality developments until now.
SQUAREYARDS RERA REG. A51800000454
PROJECT RERA REG. P52100009531
WEBSITE: https://www.squareyards.com/pune-residential-property/vtp-blue-waters/10459/project
Page 3 of 4
VTP Blue Waters
Mahalunge,Pune
4. 5%
5%
1% every month
1,66,287
1,66,287
33257x6=1,99,542
Plan 1: 1% every month
Stage % to be paid Amount
On Booking
On Registration
Month 6-11
10% 3,32,574Month 12
4,98,861
33257x5=1,66,285
6,65,147
33257x5=1,66,285
3,65,831
33257x2=66,514Month 31-32
Product price: Rs 33,25,737
1% every month 33257x5=1,66,285Month 13-17
15%Month 18
1% every monthMonth 19-23
20%Month 24
1% every monthMonth 25-29
11%Month 30
3,65,831
33,25,737Total
11%On Possession
1% every month
100%
5%
5%
15%
1,66,287
1,66,287
4,98,861
Plan 2: 6 monthly payment plan
Stage % to be paid Amount
1st Month
2nd Month
7th Month
15% 4,98,86113th Month
6,65,147
4,98,861
3,32,574
33,25,737
Product price: Rs 33,25,737
15% 4,98,86119th Month
20%25th Month
15%31st Month
10%33rd Month
100%Total
If a buyer opts for this plan, they have to make a payment of 5% on 1st, and 2nd month. This is followed by 15% payment
on 7th, 13th and 19th month. The payment rises to 20% on the 25th month and then again goes back to 15% on 31st month
followed by 10% on 33rd month. This is explained in the table below:
6 Monthly Payment Plan
Page 4 of 4
VTP Blue Waters
Mahalunge,Pune
5. 5%
9%
5%
3%x 27
1,66,286.85
1,66,286.85
99,772x27= 26,93,847
33,25,737
2,99,316
Plan 3: Pay 3% every month
Stage % to be paid Amount(Lakhs)
On Booking
On Registration
Every month till possession
On Possession
Product price: Rs 33,25,737
Page 4 of 4
VTP Blue Waters
Mahalunge,Pune
In this the buyer pays 5% at booking, 5% at registeration and then 3% every month till possession. Remaining amount is
paid at possession. This is explained in the table below:
3% monthly payment plan
Total 100%