Pune/Project record

MahaRERA · the public record

Megapolis Shimmer - A1

Rajiv Gandhi Infotech Park Phase 3 · Pegasus Properties Pvt. Ltd.

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18units filed as unsoldInventory · 19 September 2026
31 Mar 2029declared completionMahaRERA registration · read 12 Jul 2026
511registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

31 Mar 2029

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P52100052912

Delivery and registration

When is the project declared for completion?

Megapolis Shimmer - A1 is registered with MahaRERA as P52100052912 and the promoter has declared completion for 31 Mar 2029.

31 Mar 2029

declared completion

30months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP52100052912
Registered on05 Oct 2023
Promoter-declared completion31 Mar 2029
Current statusCertificate Signed
Against today30 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for Megapolis Shimmer - A1 record 11 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

  • Filing progress reports — 11 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Pegasus is the promoter of record on 17 projects registered with MahaRERA, 2 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

17projects

registered with MahaRERA

2flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Construction

How much construction cost has been reported?

In Megapolis Shimmer - A1, ₹117.66 Cr of a declared ₹178.98 Cr estimated project cost is reported as incurred, about 65.7%, as at the last certified filing with MahaRERA.

65.7%

₹117.66 Cr

of ₹178.98 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In Megapolis Shimmer - A1, 493 of 511 homes filed with MahaRERA are recorded as sold or booked (488 with registered agreements and 5 booked), about 96%, and 18 remain available.

96%sold

493 of 511 homes

₹279.97 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹200.15 Cr (about 71%) is recorded as collected and ₹79.82 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 493 registered agreements, the effective carpet rate is ₹8,952/sqft, with eight in ten falling between ₹8,692 and ₹9,194 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.

FloorUnitCarpetGovt reckoner value
Floor 1101684 sqft (63.5 sqm)₹47.10 Lakh
Floor 1101689 sqft (64 sqm)₹47.10 Lakh
Floor 1101684 sqft (63.5 sqm)₹47.10 Lakh
Floor 1102700 sqft (65 sqm)₹47.10 Lakh
Floor 1102689 sqft (64 sqm)₹47.10 Lakh
Floor 1102684 sqft (63.5 sqm)₹47.10 Lakh
Floor 1103673 sqft (62.5 sqm)₹46.34 Lakh
Floor 1103689 sqft (64 sqm)₹47.10 Lakh
Floor 1104689 sqft (64 sqm)₹47.10 Lakh
Floor 1104689 sqft (64 sqm)₹47.10 Lakh
Floor 1105689 sqft (64 sqm)₹47.10 Lakh
Floor 5508635 sqft (59 sqm)₹47.10 Lakh
Ground/Floor 0G04673 sqft (62.5 sqm)₹47.10 Lakh
Ground/Floor 0G05673 sqft (62.5 sqm)₹47.10 Lakh
Ground/Floor 0G06673 sqft (62.5 sqm)₹47.10 Lakh
Ground/Floor 0G07673 sqft (62.5 sqm)₹47.10 Lakh
Ground/Floor 0G08673 sqft (62.5 sqm)₹47.10 Lakh
Ground/Floor 0G09624 sqft (58 sqm)₹46.34 Lakh

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, home by home

Read from MahaRERA on 19 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 493 homes carry one, and 18 of the 511 are recorded unsold. Since we started watching this ledger, 2 homes have moved out of the unsold list, most recently on 19 July 2026.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
101689 sqftRs 8,952 a sq ft typical, over Rs 6,898 to Rs 10,159454 filed at this size

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.

In Megapolis Shimmer - A1, 8 of the 18 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 17 homes — ₹2,999 →

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 511 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A1 - A Wing1G+23180-
A1 - B Wing1G+23148-
A1 - C Wing1G+23183-

Unit mix on the filing: 511 residential.

Legal and disputes

What disputes are disclosed?

1 complaint is on the MahaRERA record for Megapolis Shimmer - A1, with orders passed in 1 of them.

1complaint

1with an order

Counts as disclosed in the project record.

Source · MahaRERA project disclosures · read 12 Jul 2026

Complaint no.FiledPartiesStatus
CC1240052922/10/2024Sneha Prashant Misal vs Pegasus Properties Pvt. Ltd.order passed

Legal & Litigation

The promoter has declared 2 court cases on this project to MahaRERA. 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 home. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Civil Judge Senior Division Pune6912022Ongoing
Civil Judge6912022Ongoing

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 School Building, to the south by MIDC 45 M wide road, to the east by Adjoining Plot No R-1 - 1 - B and to the west by MIDC 45 M wide road. These are the boundaries as recorded in the filed land record.

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.

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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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Other RERA-registered projects in Pune

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Megapolis Springs - B And F
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Megapolis Springs - D And E
declared completion Apr 2022 · Pegasus Properties Pvt. Ltd.
Megh Malhar Residency
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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: 20 Sep 2026