VTP Codename Never Before East

VTP Codename Never Before East

VTP Codename Never Before East is a pre-launch villa project by VTP Realty in Manjari Khurd, Pune, offering 3 BHK Privé Villas and 4 BHK Aristo Villas on a 2.5-acre site. Prices start at ₹3.45 Cr and run up to ₹4.60 Cr as of March 2026, and the developer targets possession in December 2028.

About the Project

The development is planned as two towers, each of G+4P+36 floors, accommodating 43 villa units in total. The concept is marketed as "Villas in the Sky," a format in which each residence occupies its own vertical footprint with a private lift, double-height living spaces and an open plan that is open on three sides. The developer describes the homes as warm-shell units, so the buyer completes the interior finishing. The scheme occupies a 2.5-acre parcel, which is modest for a township-scale development but generous for a project of this unit count.

Key Highlights

• Two towers, each G+4P+36 floors, with 43 units in total on 2.5 acres.
• 3 BHK Privé Villas with carpet areas from 1,835 sq ft, and 4 BHK Aristo Villas with carpet areas up to 2,531 sq ft.
• A private lift serving every villa, and a whirlpool bath in every villa.
• Homes open on three sides, which the developer presents as a ventilation and natural air advantage.
• Power backup in all units and 24x7 water supply.
• Over 50 listed amenities, including a master clubhouse, swimming pool, squash court and sports academies.
• Booking amounts from ₹11 lakh for the smallest 3 BHK unit under a construction-linked 25:25:25:25 plan.

Location Advantages

The postal address is recorded as Near Rajiv Gandhi Infotech Park, Service Road, Kharadi, Pune 411057, and the project is marketed within the Kharadi belt. The Manjari Khurd designation used on this page reflects the locality under which the project is indexed. In practical terms, the site sits on the eastern fringe of Pune's established IT corridor, and most of its connectivity is shared with Kharadi.

Pune Airport is about 26 km away, roughly 60 minutes by road. The World Trade Center in Kharadi lies about 4.2 km from the site, and the Awhalwadi bus stop is about 1.6 km away. The Infotech Park on Service Road is nearby, which places a large employment base within a short drive. Buyers should note that eastern Pune's arterial roads carry heavy peak-hour traffic, and a commute to the Hinjewadi or Pune city centre will take considerably longer than the distances suggest.

Location Map — available on request

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What Is Nearby

Medical and retail facilities in the Kharadi and Hadapsar belts serve the area. Buyers who plan to rely on a specific hospital or shopping complex should verify its current distance and services before deciding, because we have not confirmed a named facility's exact travel time from this site.

Amenities

• Fitness and sports: gymnasium, multipurpose court, squash court, net cricket, jogging track, yoga and senior citizen walking track, and academies for swimming, badminton, football, lawn tennis and horse riding.
• Leisure and social: master clubhouse, amphitheatre, party lawn, meditation zone and a convenience store.
• Water and utilities: 24x7 water supply, power backup in all units, sewage treatment plant and organic waste converter.
• Children: kids play area and a sand pit with nature walkway.
• Health and safety: medical room, 24/7 security, CCTV surveillance, controlled entrance gate and a fire-fighting system.
• Green features: drip irrigation and fruit-bearing trees.

Upcoming Infrastructure

• Pune Metro Line 4 (Khadakwasla to Kharadi): a 25.52 km corridor with 22 stations, linking Swargate, Hadapsar, Magarpatta and Kharadi, and carrying a reported five-year completion timeline. It is the most direct route to a metro for this site, though its opening will come well after the project's target possession.
• Hadapsar to Loni Kalbhor and Hadapsar to Saswad Road metro lines: a ₹5,704 crore proposal with ten stations, including Manjari Phata, which lies in the immediate vicinity of this locality. It has cleared the state infrastructure committee and is awaiting state cabinet and Union approval.
• Kharadi to Shirur elevated corridor: about 7.7 km of a proposed 35 km double-decker corridor, with the upper deck reserved for a future metro, with foundation stones planned.
• Pune Ring Road eastern expansion: a ₹10,502.36 crore, 31.805 km access-controlled expressway, approved by the state.

Price and Configuration

As of March 2026, the developer quotes the following all-inclusive prices, covering taxes and charges. A single rate per square foot has not been published for this project, so the table shows carpet area and total price for each configuration.

One podium parking space is allocated per unit. The 3 BHK Privé villas are the entry point of the scheme, and the 4 BHK Aristo range carries a premium of roughly ₹1 Cr over the entry villa.

Master / Floor Plan — available on request

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Payment Plan

The project is offered on a construction-linked plan branded 25:25:25:25, with stage payments tied to construction progress. Bank financing of up to 90 per cent of the price is indicated. The minimum down payment, inclusive of taxes, is ₹11 lakh for the 1,835 sq ft 3 BHK unit, ₹12 lakh for the 2,044 sq ft unit and ₹13 lakh for the 2,453 sq ft 4 BHK unit.

Specifications

Approvals

A commencement certificate has been issued for the project. The occupancy certificate will be applied for closer to the possession date. The developer's listing records no litigation against the project.

Launch and Possession Timeline

• 1 March 2026: launch date listed for the project.
• Commencement certificate: issued.
• December 2028: target possession date published by the developer.
• Occupancy certificate: to be applied for closer to possession.

Floor Plans

Unit plans for the 3 BHK Privé and 4 BHK Aristo villas are available from the developer. Before booking, buyers should obtain the plan with the carpet area stated for their specific unit and confirm the room layout, balcony and servant studio provisions against the plan rather than the brochure.

Investment Analysis

• Entry price: ₹3.45 Cr for the smallest 3 BHK villa, placing the project at the upper end of the Kharadi market.
• Comparable projects: VTP Altamira in Kharadi lists 3 BHK apartments at ₹1.40 Cr to ₹2.12 Cr, while VTP Velvet Villa offers 3 and 5 BHK villas at ₹4.00 Cr to ₹6.90 Cr. This project therefore sits between the two, with a larger ticket than apartments and a lower entry point than the larger villa series.
• Rental yield: a Kharadi comparison cites gross rental yields of 3.0 to 3.5 per cent for the area's branded residences. Villas of this scale can be expected to sit within a similar band, though rents will depend on unit size and furnishing.
• Demand drivers: proximity to the IT and business corridor, the planned metro and ring road network, and the scarcity of independent villa formats with private lifts.
• Exit consideration: the warm-shell delivery means the buyer's total outlay includes interior finishing, and a resale buyer will judge the unit on that finished state.

Pros and Cons

Strengths

• Villa format with a private lift and direct-access living spaces, which is rare in the Pune mid-premium segment.
• Open on three sides for ventilation and natural light.
• Very low unit count of 43, which limits density and shared-space pressure.
• Access to the metro network under construction, with the Hadapsar to Loni Kalbhor line passing Manjari Phata.
• Developer with a delivery history in Pune.

Concerns

• The pre-launch stage means the price is not yet tied to a finished product, and no project registration number appears on this page. Buyers should confirm registration on the Maharashtra RERA portal before committing funds.
• Possession is targeted for December 2028, and the metro lines that would transform access are years from opening.
• Warm-shell delivery adds interior cost on top of a price that is already at the premium end.
• The developer's record includes phases handed over 6 to 12 months late in some projects, according to a third-party review.

Who Should Buy This

Ideal for: end-user families who want independent villa living with a private lift, and buyers prepared for a 2028 handover.

Not ideal for: buyers who need possession within two years, or who depend on a metro station for daily commuting.

Home Loans and Charges

VTP HiLife in Wakad, a sister project by the same developer, has been financed by Central Bank of India, Union Bank of India, Bank of India, Bank of Baroda, Citibank, Kotak Mahindra Bank, Axis Bank, State Bank of India, ICICI Bank and HDFC Bank, which indicates the lending landscape the developer typically works with.

About the Developer

VTP Realty is a Pune-focused developer and part of the VTP Group, whose legacy spans about 38 years. The developer lists more than 23 delivered projects and over 10 million sq ft delivered, with notable completed projects including VTP Urban The Landmark (December 2015), VTP Beaumonde (December 2017), VTP Urban Rise in Pisoli (December 2017), VTP HiLife in Wakad (June 2023) and VTP Earth County in Ranjangaon (December 2024). Leadership is led by Sachin Bhandari. A third-party review rates its delivery record as above average for a high-volume developer, while noting that some phases have run 6 to 12 months late.

FAQ: Frequently Asked Questions

Q: Is VTP Codename Never Before East RERA registered?

A: No project RERA registration number is published on this page, so buyers should check the Maharashtra RERA portal directly before committing funds.

Q: What is the possession date for VTP Codename Never Before East?

A: The developer targets possession in December 2028 for the 3 BHK and 4 BHK villas.

Q: What is the price range of VTP Codename Never Before East?

A: As of March 2026, prices range from ₹3.45 Cr for the 3 BHK Privé Villa to ₹4.60 Cr for the largest 4 BHK Aristo Villa, inclusive of taxes and charges.

Q: Is VTP Realty a reliable builder?

A: VTP Realty has delivered more than 23 projects in Pune, and a third-party review rates its delivery record as above average, though some phases have run late.

Q: What is the nearest metro to VTP Codename Never Before East?

A: No metro station is operational near the site yet; Pune Metro Line 4 to Kharadi is under development, and the Hadapsar to Loni Kalbhor line passes Manjari Phata.

Q: Is VTP Codename Never Before East good for investment?

A: The project offers a villa format in a Kharadi-linked location, and comparable branded residences in the area have indicated rental yields of 3.0 to 3.5 per cent, though returns depend on the timing of the metro and the final price.

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