The Midas Residences Phase 1, Balewadi
by Selenite Properties Private Limited. Balewadi, Pune 411045. View on Google Maps
- Launched
- 4 years 6 months originally promised
- Possession date (MahaRERA)
- 1 year 8 months awayExtended by 1 year 6 months (originally December 2026). Why possession dates change
- Concrete structure (RCC)
- 0%Early stageAverage across 4 buildings
- Units booked
- 119 of 20857% booked
- Price per sq ft (incl. balconies and terrace)
- ₹16,1002026 so far · 68 salesabout the same as 202580% of the 2026 sales we found were at this rate or lessSee what buyers paid
Project facts
| 1 BHK | 6 |
|---|---|
| 2 BHK | 100 |
| 3 BHK | 102 |
| Total units | 208 |
| Buildings | 4 |
| Land | 5.1 acres |
| Landowner share | 28 |
| Complaints on MahaRERA (filed by or against the builder) | 0 |
Since Dec 2025: booked 49 → 119
What buyers paid here
From government sale recordsThe price per sq ft is the agreed price of the flat alone, counting balconies and terrace.
Flat sizes and prices
| Flat size | What most buyers paid |
|---|---|
| 760 – 780 sq ft | ₹1.04 – 1.13 crore |
| 990 – 1,010 sq ft | ₹1.44 – 1.57 crore |
| 1,120 sq ft | ₹1.80 – 1.87 crore |
Based on flats sold in 2026 so far.
Price per sq ft, year by year
80% of the flats sold in each year went for this price or less.
| 2025 | ₹16,100 per sq ft | 75 sales |
|---|---|---|
| 2026 so farabout the same as 2025 | ₹16,100 per sq ft | 68 sales |
Rate vs other Balewadi projects, 2026: about 15% higher
Compared with 6 similar projects in PIN 411045
Projects with 100–450 flats, launched within 6 months of this one.
| Measure | This project | Similar projects |
|---|---|---|
| Promised timeline (launch to possession) | 4 yrs 6 mths | 5 yrs 1 mth |
| Possession date extended | By 1 year 6 months | 0 of 6 |
| Possession date (MahaRERA) | June 2028 | December 2027 |
| Concrete structure (RCC) complete | 0% | 90% |
| Share of units booked | 57% | 86% |
| Complaints on MahaRERA (filed by or against the builder) | 0 | 0 |
"Similar projects" shows the typical (middle) value. Other phases of this project are not included.
| Project | Launched | Possession date (MahaRERA) | Concrete structure (RCC) | Units booked |
|---|---|---|---|---|
| 27 Grand Residences- Tower 1 | July 2022 | December 2027 | 100% | 124 of 143 booked (87%) |
| Regency Astra Phase II | August 2022 | November 2025 | 100% | 175 of 176 booked (99%) |
| The Ornate | August 2022 | December 2029 | 45% | 188 of 311 booked (60%) |
| Kalpataru Jade Skyline | March 2022 | December 2026 | 74% | 315 of 465 booked (68%) |
| The Canary Phase 2 | March 2022 | December 2027 | 80% | 362 of 420 booked (86%) |
| Nandan ACE | February 2022 | March 2026 | 100% | 135 of 138 booked (98%) |
Construction progress
As reported to MahaRERA at each updateUpdates reported to MahaRERA
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 90% | 0% | 0% | 119 | |
| 5% | 0% | 0% | 49 | |
| 0% | 0% | 0% | — |
"—" means MahaRERA shows no figure for that update.
Other phases of this project
About this project
The Midas Residences Phase 1 (MahaRERA P52100045688) is a residential project by Selenite Properties Private Limited in Balewadi, Pune 411045. It was launched in June 2022. It has 208 units in 4 buildings, with 1, 2 & 3 BHK homes as registered with MahaRERA. Its MahaRERA status is Active.
Its registered possession date is June 2028, extended by 1 year 6 months from the original December 2026. Construction, averaged across its 4 buildings: excavation 90% complete, structure (RCC) not started, final finishes not started. MahaRERA records do not show it as ready to move in.
119 of its 208 units are booked (57%). Since the December 2025 update, 70 more units have been booked. 80% of the 2026 (so far) sales we found here were at ₹16,100 per sq ft or less (about the same as 2025), counting balconies and terrace in the size, based on 68 registered sales. Buyers here paid a rate about 15% higher than at other Balewadi projects in 2026. Most buyers paid ₹1.04–1.13 crore for flats of 760–780 sq ft, ₹1.44–1.57 crore for 990–1,010 sq ft and ₹1.80–1.87 crore for 1,120 sq ft.
Disclaimers
- Figures are as reported to MahaRERA, not verified by FlatNama.
- Concrete structure (RCC) is the reinforced-concrete frame. Final finishes means lifts, services, common areas and other works needed before handover, not the finishes inside each flat.
- On MahaRERA, Lapsed means the registered possession date has passed and the developer has not filed an extension or recorded the project as complete. It does not by itself mean work has stopped.
- Total internal area = carpet + balcony + terrace, as Pune sales offices quote “carpet area”. Price per sq ft counts balconies and terrace in the size.
- Prices are of the flat alone; stamp duty, registration and GST are extra, so the total is usually 10–15% more.
- Prices in a project usually rise as construction progresses. Floor, view and flat size move the price up or down, so treat these figures as a guide.
- Rates also vary with the exact project location.
- Prices come from sale records obtained from IGR Maharashtra, which may not include every sale.
- Complaints are the count MahaRERA shows for the project; they include complaints filed by the builder against buyers.
- Please do your own checks before you buy.