MahaRERA Property Intelligence · Pune

The Midas Residences Phase 4

PR1263032502246 · promoter Selenite Properties Private

Certificate SignedDue 30 Jun 2030

Delivery & Registration

MahaRERA registrationPR1263032502246
Registered on03 Feb 2026
Promoter-declared completion30 Jun 2030
Current statusCertificate Signed
Against today47 months to 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, Selenite Properties Private is the promoter of record on 4 projects, of which none currently 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.

Construction Progress

MahaRERA's cost filing puts construction at ~32.3% of the estimated project cost incurred as of the last certificate (₹6.52 Cr spent against a ₹20.18 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.

Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.

Sales & Inventory

Of 54 homes filed with MahaRERA, 26 are sold/booked (20 with registered agreements + 6 booked) and 28 remain available (~48% sold) — selling steadily. Buyers have committed ₹30.73 Cr in agreement value so far. Of that, ₹5.61 Cr (~18%) is already collected, ₹25.12 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 26 registered agreements, the effective carpet rate is ₹13,504/sqft (typical range ₹12,826–₹15,237) — 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 1101809 sqft (75.16 sqm)₹54.57 Lakh
Floor 1102866 sqft (80.45 sqm)₹58.42 Lakh
Floor 101002993 sqft (92.25 sqm)₹66.98 Lakh
Floor 1010031,016 sqft (94.39 sqm)₹68.54 Lakh
Floor 111102993 sqft (92.25 sqm)₹66.98 Lakh
Floor 121202993 sqft (92.25 sqm)₹66.98 Lakh
Floor 121203799 sqft (74.23 sqm)₹53.90 Lakh
Floor 131301809 sqft (75.16 sqm)₹54.57 Lakh
Floor 131302993 sqft (92.25 sqm)₹66.98 Lakh
Floor 1313031,016 sqft (94.39 sqm)₹68.54 Lakh
Floor 141402993 sqft (92.25 sqm)₹66.98 Lakh
Floor 2201809 sqft (75.16 sqm)₹54.57 Lakh
Floor 2202993 sqft (92.25 sqm)₹66.98 Lakh
Floor 22031,016 sqft (94.39 sqm)₹68.54 Lakh
Floor 3301809 sqft (75.16 sqm)₹54.57 Lakh
Floor 3302993 sqft (92.25 sqm)₹66.98 Lakh
Floor 33031,016 sqft (94.39 sqm)₹68.54 Lakh
Floor 3304819 sqft (76.09 sqm)₹55.25 Lakh
Floor 4402993 sqft (92.25 sqm)₹66.98 Lakh
Floor 44031,016 sqft (94.39 sqm)₹68.54 Lakh
Floor 5501809 sqft (75.16 sqm)₹54.57 Lakh
Floor 5502993 sqft (92.25 sqm)₹66.98 Lakh
Floor 55031,016 sqft (94.39 sqm)₹68.54 Lakh
Floor 6602993 sqft (92.25 sqm)₹66.98 Lakh
Floor 7702993 sqft (92.25 sqm)₹66.98 Lakh
Floor 7703799 sqft (74.23 sqm)₹53.90 Lakh
Floor 8802993 sqft (92.25 sqm)₹66.98 Lakh
Floor 9902993 sqft (92.25 sqm)₹66.98 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+19 and 54 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building A71G+1954-

Unit mix on the filing: 54 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 1 court case 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 flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Hon'Ble District Court, PuneReh. C.A. no. 756/20162020Ongoing

Location, Land & Connectivity

Located at Balewadi, Pune City, Pune, 411045. Per the filed land record, the plot is bounded to the north by Adj S.No. 46/24- meter road, to the south by Adj hissa no. 4, to the east by Adj S.No. 45 and to the west by Adj hissa no. 44/5(P), 44/6(P), 44/7(P). Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~8 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Pune Junction / city centre3 km
Magarpatta / Hadapsar IT8 km
Baner–Balewadi belt8 km
Pune Int'l Airport (Lohegaon)9 km
Kharadi / EON IT Park10 km
Hinjewadi Rajiv Gandhi IT Park14 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

Selenite Properties Private Limited is the promoter on 4 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by Selenite Properties Private Limited

Selenite Properties Private Limited
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Selenite Properties Private Limited
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Selenite Properties Private Limited
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Other RERA-registered projects in Baner

7 Business BAY
possession by Jul 2026 · Saaj Buildcon Private Limited
Maitreya
Not filing quarterly progress reports · possession by Jul 2026 · Vaibhav Shamrao Taro
Mercury
possession by Aug 2026 · SB Real Estate Private Limited
Aarambh
possession by Aug 2026 · ADI Realtors
Nancy Hillview A-1
possession by Aug 2026 · M/S Sarsan Aawishkar Properties
Truspace Platina
possession by Aug 2026 · Atharva Developments

Major developers building in Baner

Other RERA-registered projects in Pune

The Mint - Phase 1
possession by Apr 2027 · Bramhacorp Limited
The Miracle
declared completion Dec 2025 · Futuristic Abodes
THE Miracle
declared completion Mar 2024 · M/S Vijayraj Associates
THE Miracle
possession by Nov 2026 · Krishna Associates
The Mpire
declared completion Mar 2022 · Eagle Developers
THE Mpire Building A
possession by Dec 2028 · Eagle Developers

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