EXHIBIT 31.2

CERTIFICATION

I, Philip
Bloom, Principal Financial Officer and Principal Accounting Officer, certify
that:

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|1. | I have
  reviewed this Quarterly Report on Form 10-Q of Monarch Investment Properties,
  Inc. for the period ended March 31, 2009;                                                                                                                                                                                                      
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|2. | Based on my
  knowledge, this Quarterly report does not contain any untrue statement of a
  material fact or omit to state a material fact necessary to make the
  statements made, in light of the circumstances under which such statements
  were made, not misleading with respect to the period covered by this
  Quarterly Report;
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|3. | Based on my
  knowledge, the financial statements, and other financial information included
  in this report, fairly present in all material respects the financial
  condition, results of operations and cash flows of the small business issuer
  as of, and for, the periods presented in this report;                              
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|4. | The other
  certifying officer and I are responsible for establishing and maintaining
  disclosure controls and procedures as defined in Exchange Act Rules 13a-15(e)
  and 15(d)-15(e)) for the small business issuer and we have:                                                                                                     
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|   | a)                                                                                                                                                                                                                                                                                                                                      
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|   | b)                                                                                                                                                                                                                                                                                                                                      
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|   | c)                                                                                                                                                                                                                                                                                                                                      
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|   | d)                                                                                                                                                                                                                                                                                                                                      
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|5. | The other
  certifying officer and I have disclosed, based on our most recent evaluation
  of internal controls over financial reporting, to the small business issuers
  auditors and the audit committee of the small business issuers Board of
  Directors (or persons performing the equivalent function);                        
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|   | a)                                                                                                                                                                                                                                                                                                                                      
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|   | b)                                                                                                                                                                                                                                                                                                                                      

Date: April 28, 2009

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|/s/ Philip Bloom                  | 
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|Philip Bloom                      | 
|Principal
  Financial Officer and | 
|Principal
  Accounting Officer    | 

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