MahaRERA Property Intelligence · Pune

Megapolis Mystic - F

P52100029121 · Rajiv Gandhi Infotech Park Phase 3 · promoter Pegasus

Certificate SignedDue 27 Feb 2025

Delivery & Registration

MahaRERA registrationP52100029121
Registered on29 Apr 2021
Promoter-declared completion27 Feb 2025
Current statusCertificate Signed
Against todayabout 17 months past the declared date

Regulatory Standing

MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.

Builder Track Record

Across MahaRERA, Pegasus is the promoter of record on 17 projects, of which 2 carry a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.

Sales & Inventory

Of 128 homes filed with MahaRERA, 123 are sold/booked (119 with registered agreements + 4 booked) and 5 remain available (~96% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹102.16 Cr in agreement value so far. Of that, ₹93.43 Cr (~91%) is already collected, ₹8.74 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 123 registered agreements, the effective carpet rate is ₹8,877/sqft (typical range ₹8,329–₹9,120) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:

FloorUnitCarpetReckoner value
Floor 1104883 sqft (82 sqm)-
Floor 1106759 sqft (70.5 sqm)-
Floor 181801990 sqft (92 sqm)₹66.29 Lakh
StiltG-04651 sqft (60.5 sqm)₹44.07 Lakh
StiltG-05953 sqft (88.5 sqm)₹63.82 Lakh

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+23 and 128 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
F1G+23128-

Unit mix on the filing: 128 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Legal & Litigation

The promoter has declared 2 court cases on this project to MahaRERA. 1 is still pending. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Civil Judge Senior Division Pune6912022Pending
Civil Judge Senior6912022Ongoing

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.

From (declared)To (revised)Stated reason
31 Jan 202527 Feb 2025THE PROJECT WORK IS 100% COMPLETED. WE HAVE RECEIVED OCCUPANCY CERTIFICATE DATED 27/02/2025. WE REQUIRE EXTENSION TILL THE DATE OF OCCUPANCY CERTIFICATE.

Location, Land & Connectivity

Located at Rajiv Gandhi Infotech Park Phase 3, MIDC Road, Pune City, Pune, 411057. Per the filed land record, the plot is bounded to the north by 45 M Wide Road, to the south by MIDC Boundry, to the east by MIDC Boundary and 60 M Wide Road and to the west by MIDC Road and HSR. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~6 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Hinjewadi Rajiv Gandhi IT Park6 km
Baner–Balewadi belt10 km
Pune Junction / city centre21 km
Pune Int'l Airport (Lohegaon)25 km
Magarpatta / Hadapsar IT27 km
Kharadi / EON IT Park27 km

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

🔒 The verdict & buyer playbook · Compliance report

The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.

Unlock in the ₹999 report →

🔒 Unit-by-unit guidance · Unit Guidance report

Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.

Unlock in the ₹2,999 report →

🔒 Full financial records — escrow, funding & the document catalog · Compliance report

The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.

Unlock in the ₹999 report →

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Builder track record

Pegasus Properties Pvt. Ltd. is the promoter on 17 MahaRERA-registered projects, of which 2 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

See every Pegasus Properties Pvt. Ltd. project & its RERA track record →

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Major developers building in Wakad

Other RERA-registered projects in Pune

Megapolis Mystic - G
possession by Dec 2026 · Pegasus Properties Pvt. Ltd.
Megapolis Mystic Phase 2
declared completion Mar 2020 · Pegasus Properties Pvt. Ltd.
Megapolis Saffron - A10 To A14
declared completion Sep 2024 · Pegasus Properties Pvt. Ltd.
Megapolis Saffron - A3 To A9
declared completion Jun 2024 · Pegasus Properties Pvt. Ltd.
Megapolis Saffron - Shops
declared completion Dec 2024 · Pegasus Properties Pvt. Ltd.
Megapolis Serenity A1 To A7, B1 And Conv Shop A
declared completion Dec 2025 · Pegasus Properties Pvt. Ltd.

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Pune RERA red-flag register.

Last checked against the RERA register: 27 Jul 2026