43 handcrafted villas for those who trade skylines for private gardens and grandeur.
Explore NowRERA: P52100031829
Velvet Villas is an ultra-luxury villa enclave by VTP Luxe, the premium residential vertical of VTP Realty, set within the sprawling Township Codename Pegasus in New Kharadi, Pune. This is a rare low-density address in a city dominated by high-rises. Nestled within the expansive 150+ acre Township Codename Pegasus in New Kharadi, this enclave features 43 exclusive villas, each showcasing unparalleled luxury and representing the finest 3.5 and 5.5 BHK homes in Pune.
Each home is built with an international lifestyle in mind. Featuring Italian marble flooring, double-height ceilings, walk-in wardrobes, skylights, and opulent spaces for both relaxation and entertaining, every detail reflects sophistication. With just 43 villa units spread across 3.25 acres, this low-density development ensures privacy, exclusivity, and a peaceful living experience.
The villas sit inside a much larger ecosystem. Township Codename Pegasus is a mega-township located in New Kharadi, one of Pune's most strategic and rapidly appreciating locations, spread across 165+ acres, including multiple premium residential projects by VTP Realty and VTP Luxe, and is home to over 7000+ families.
Backing the project is a developer with deep roots in construction. Established 35 years back, VTP Group today is a well-diversified group with a strong presence in the construction material and construction industry, which makes its real-estate vertical stronger in terms of delivering a good quality product and ensuring deliveries in time.

Velvet Villas offers three distinct villa typologies, each designed with a Maximum Livable Area philosophy so every square foot counts.
| Type | Size | Price | Status |
|---|---|---|---|
| 3.5 BHK Villa | ~4,132 sq.ft. | ₹4.00 Cr onwards* | Under Construction |
| 3.5 BHK Villa (Larger) | ~4,700 sq.ft. | ₹5.20 Cr onwards* | Under Construction |
| 5.5 BHK Villa | 6,900 - 9,184 sq.ft. | ₹8.50 Cr onwards* | Under Construction |
Beyond the villa's own front and back gardens, residents get access to an exclusive cluster clubhouse plus every privilege the wider Pegasus township offers.
Adults' pool with a dedicated kids' pool and jacuzzi for year-round use.
Landscaped front porch and a private back garden perfect for hosting gatherings.
An exclusive clubhouse and party lawn with a stage for events and celebrations.
Fully equipped fitness spaces for residents who train indoors or outdoors.
Dedicated court for basketball, badminton, and other sports within the enclave.
Acupressure pathway and dedicated seating zones designed for elders.
Safe, curated play zone for younger residents within the gated enclave.
Access to professional academies for swimming, tennis, football, and more across Pegasus.
Each villa spans a G+1 layout with double-height living and dining spaces, a skylit master suite jacuzzi, and a choice of three configurations across 4,132 to 9,184 sq.ft.
Velvet Villas sits inside one of Pune's most commercially active micro-markets. Township Codename Pegasus is a premium 165+ acre integrated township in Kharadi, Pune, strategically located near EON IT Park and the World Trade Center. The project is just 5 minutes from EON IT Park and 7 minutes from WTC. Residents also benefit from direct arterial access, since the project has easy access to the prominent roads which include the Kharadi-Hadapsar Road and Nagar Road, with easy accessibility to IT hubs such as EON IT Park and Viman Nagar commercial centers. Daily conveniences and retail are also close by. The distance to EON IT Park is only 10 minutes from the project, around 5 km to WTC and around 10 km from the airport, with malls like Reliance Mart and Phoenix Market City around 5-8 km from the project. For families, it is possible for residents to access schools, hospitals, shopping centres, and other entertainment hubs without much hassle from Hadapsar, Viman Nagar, and Wagholi.
Kharadi, Pune
3, 3.5, 4.5 BHK • Rs 1.26 Cr onwards*
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For information only — this is not an offer and creates no obligation. Prices, layouts, and photos are indicative and can change anytime. Do your own verification before making a decision. About · Projects