Pegasus Properties Pvt. Ltd.
MahaRERA Property Intelligence · Pune
P52100018284 · Rajiv Gandhi Infotech Park, Phase 3 · promoter Pegasus
| MahaRERA registration | P52100018284 |
| Registered on | 22 Oct 2018 |
| Promoter-declared completion | 30 Mar 2023 |
| Current status | Certificate Signed |
| Against today | about 40 months past the declared date |
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.
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.
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+14.
| Building | Wings | Floors | Declared completion |
|---|---|---|---|
| A | 1 | G+14 | 19 Mar 2023 |
1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC005000000259292 | 19/08/2023 | ROHIDAS KISAN SAWANT vs Pegasus Properties Pvt. Ltd | order passed |
The promoter has declared 1 court case 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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Civil Judge Senior Division Pune | 691 | 2022 | Pending |
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 |
|---|---|---|
| 30 Mar 2023 | 29 Mar 2024 | We are not able to complete our project as planned due to Slowdown of construction activity due to lockdowns imposed to control COVID 19 outbreak and very slow recovery thereafter. |
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 Future Development, to the south by MDR 31, to the east by Open Space 5 and to the west by Ongoing Development of Megapolis Springs. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~6 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Hinjewadi Rajiv Gandhi IT Park | 6 km |
| Baner–Balewadi belt | 10 km |
| Pune Junction / city centre | 20 km |
| Pune Int'l Airport (Lohegaon) | 25 km |
| Magarpatta / Hadapsar IT | 26 km |
| Kharadi / EON IT Park | 27 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.
🔒 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.
🔒 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.
Should you buy in Megapolis Springs - A?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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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 →
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