A Glimpse into VTP Cygnus: A New Residential Project in Pune
VTP Cygnus, a new residential project situated in the promising locality of Manjari, Pune, is poised to redefine luxury living. With a RERA ID of P52100023473, the project is currently under development and is expected to be completed by June 30, 2025. While the project boasts an impressive scale and modern amenities, it is crucial to acknowledge that it is currently facing legal challenges.
Project Overview:
VTP Cygnus comprises two proposed buildings, with one already sanctioned for construction. The sanctioned building, labeled as “Building T12 and Commercial,” will consist of 34 floors, including two basements, two plinths, and two stilts. The project is designed to offer a total built-up area of 1168 square meters, as per the sanctioned FSI.
Location and Infrastructure:
Located in Manjari, the project benefits from its strategic proximity to Manjari Road and its connection to the wider city network. The project’s eastern boundary is a 18-meter wide road, while the west is bordered by a driveway and compound wall. The north and south boundaries are defined by a driveway and VTP CYGNUS T11 respectively.
Amenities and Features:
VTP Cygnus promises a host of amenities designed to enhance resident lifestyle. The project includes 24 open parking spaces for both 4-wheelers and 2-wheelers, alongside 26 closed parking spaces.
Promoter and Contact Information:
The project is developed by Arhum Erectors Private Limited, a well-established company in the real estate sector. Their office is located in Magarpatta, Pune, with contact details available on their website, www.vtprealty.in.
Important Considerations:
It is important to note that VTP Cygnus has active litigations associated with it. Prospective buyers should conduct thorough due diligence and seek legal advice before making any investment decisions.
Concluding Remarks:
VTP Cygnus presents an exciting opportunity for potential homebuyers seeking a modern and luxurious living experience in Pune. However, the ongoing legal disputes necessitate careful consideration before making any purchase decisions. Further updates and clarification on the project’s legal status will be crucial for prospective buyers to make informed choices.