VTP Cygnus - Nation R1 - Tower 8: A Detailed Look at a Residential Project in Pune
This essay presents an overview of the VTP Cygnus - Nation R1 - Tower 8, a residential project located in Manjri, Pune, Maharashtra. The project, registered with MahaRERA under ID P52100007722, is currently under construction and has faced delays, with the extended completion date set for January 14th, 2024. Despite ongoing legal issues, the project offers a unique opportunity for prospective buyers seeking a modern and well-amenitized residential space.
The project, developed by Ashdan Developers Private Limited, comprises a single tower rising 22 floors above a single basement, plinth, and stilt level. Located on Gat Nos 155/156/157/158, the project spans a total plot area of 688 square meters and offers a sanctioned FSI of 10946, which translates to a significant built-up area. The project’s strategic location within the Manjri locality, accessible via Gat No 124, provides easy connectivity to the city’s key areas.
The project boasts a range of amenities, including 88 closed parking spaces, catering to the residents’ convenience. While the project does not feature any dedicated recreational open space within its immediate vicinity, the surrounding locality offers access to various amenities and recreational options.
The project has been subject to legal challenges, which is a concern for potential investors. It is advisable for prospective buyers to thoroughly investigate the litigation details and engage in detailed legal consultations before making any purchase decisions.
Despite the ongoing legal issues, the project’s strategic location, modern amenities, and significant built-up area make it an attractive option for individuals seeking a comfortable and well-equipped residential space in Pune. Potential investors should, however, approach the project with caution and conduct thorough due diligence before making any investment decisions.
This essay has provided an introduction to the VTP Cygnus - Nation R1 - Tower 8 project. Further research and investigation are recommended to gain a comprehensive understanding of the project’s legal complexities, its status, and its potential benefits and drawbacks for prospective buyers.