Riverside living, city-fast connectivity - your West Pune address just got an upgrade.
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VTP Blue Waters is a landmark integrated township by VTP Realty in Mahalunge, the Hi-Tech City corridor of West Pune. The Township Codename Blue Waters is located in the Hi-Tech City of Mahalunge, near Hinjewadi Phase 1, giving residents a rare mix of riverside calm and proximity to Pune's biggest IT hub. Located at the perfect junction of Baner and Hinjawadi Phase 1, VTP Blue Waters is within the hub of the Aundh-Baner-Balewadi innovative development corridor and the Hi-Tech Maan-Mahalunge Smart City.
The township spans a core 100+ acre land parcel, with the wider Blue Waters development extending further as sister clusters come up in phases. Offering premium 2, 3, and 4 BHK apartments, this mega-development blends riverside tranquility, contemporary design, and urban convenience, with signature residential clusters set along the Mula River and scenic hills. Homes here are designed to take advantage of the setting - a home in Blue Waters gives you natural air and sunlight looking out over a river and hills.
The development is organised as a cluster of individually branded residences within one masterplan. The township features 2, 3, and 4 BHK apartments including Monarque by VTP Luxe, VTP Volare, Earth 1 by VTP Luxe, VTP Bellissimo, VTP Aethereus, VTP Alpine, VTP Leonara, and VTP BelAir, with VTP Town Square adding a commercial and lifestyle hub within this sanctuary. This gives buyers a choice of unit sizes and price points while staying within a single, well-managed integrated community.
VTP Realty backs the project with a strong regional track record. VTP Realty is a leading real estate brand in Pune, an accomplishment made possible by years of enduring goodwill and a reputation as a trustworthy turnaround expert who has taken over big, unviable enterprises and turned them around. The township has also picked up industry recognition - it won the Integrated Township Project of the Year award for Township Codename Blue Waters at the Realty+ Excellence Awards 2020.

VTP Blue Waters offers a wide configuration mix across its residential clusters. Apartments are available in multiple sizes, ranging from 912 to 1,766 sq ft carpet area in the larger towers, while entry-level homes in earlier phases started as compact as 423 sq ft. Prices vary by cluster, tower, and floor - use the indicative table below and confirm the latest price list with the sales team.
| Type | Size | Price | Status |
|---|---|---|---|
| 1 BHK | 423 - 450 sq ft | ₹65 L onwards* | Limited |
| 2 BHK | 623 - 806 sq ft | ₹85 L onwards* | Available |
| 3 BHK | 912 - 1,250 sq ft | ₹1.35 Cr onwards* | Available |
| 4 BHK / Duplex | Up to 1,766 sq ft | ₹1.80 Cr onwards* | Limited |
As a 100+ acre integrated township, VTP Blue Waters offers a scale of amenities most standalone projects can't match. Residents get access to a swimming pool, table tennis, yoga room, net cricket pitch, CCTV cameras, gymnasium, pleasure pool, children's play area, sandpit, landscape garden, and senior citizen sit-out.
A designer-tiled centrepiece pool - one tower alone features a 3,600+ sq ft crescent-shaped swimming pool.
A dedicated clubhouse with a welcoming lobby and multipurpose hall for social, cultural, and recreational events.
Over 5,800 sq ft of kids play area and a 7,300 sq ft party lawn for family gatherings and events.
A 2-acre palm-lined podium deck with sweeping views across the township and surrounding city.
Net cricket pitch, table tennis, yoga room, and a fully equipped gymnasium for an active lifestyle.
Dedicated green zones bordering the Mula River, including a riverfront park and riverside club within the masterplan.
Quiet sit-out areas and landscaped gardens designed for relaxed, everyday use by residents of all ages.
CCTV surveillance across the township along with power backup and on-call maintenance for residents.
Floor plans across VTP Blue Waters range from compact 1 BHK layouts of around 423 sq ft to expansive 4 BHK and duplex homes up to 1,766 sq ft carpet area, designed for optimum space use and natural light.
VTP Blue Waters sits on Mahalunge-Nande Road in Mahalunge, right at the doorstep of Hinjewadi Phase 1 - Pune's largest IT hub. With easy access to Baner, Balewadi High Street, Wakad, Hinjawadi, University Chowk, and Chandni Chowk within 30 minutes, VTP Blue Waters is one of the most significant residential and commercial developments in West Pune. The township shares proximity with Global International School, The Orchid Hotel, Westside, DMart, Ruby Hall Clinic, Balewadi High Street, and Xion Mall. Day-to-day convenience is backed by strong civic and transit infrastructure. Important landmarks near the township include Shree Shiv Chhatrapati Stadium, the Mumbai NH 48 Highway, and Regus Office Space. Wakad Chowk metro station is the nearest transit point to the project. Looking ahead, seamless connectivity from 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.
Kharadi, Pune
3, 3.5, 4.5 BHK • Rs 1.26 Cr onwards*
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Upcoming expressway-facing luxury towers
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
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