The Midas Residences, Balewadi
by Selenite Properties Private Limited. Balewadi, Pune 411045. View on Google Maps
- Launched
- First of 4 phases
- Possession dates (MahaRERA)
- Jun 2028 – Jun 2030varies by phase3 of 4 phases have an extended possession date. Reading a project's possession date
- Concrete structure (RCC)
- 0%Early stage0 of 4 phases with structure completeWeighted across 4 phases
- Units booked
- 224 of 36062% booked
- Price per sq ft
- ₹15,8002026 salesup 5% on 2025See what buyers paid
Facts
Project facts
| 1 BHK | 6 |
|---|---|
| 2 BHK | 182 |
| 3 BHK | 176 |
| 4 BHK | 43 |
| Total units | 407 |
| Buildings | 7 |
| Land | 5.1 acres |
| Phases | 4 |
Since Dec 2025: booked 106 → 198
Shortlist 2 or more to compare side by side.
Prices
What buyers paid here
From government sale recordsWhat buyers paid in registered sales, not today's asking price. Use it to compare projects, then ask the builder for the current rate.
Flat types, sizes and prices
| Flat type | Size (total internal area) | What most buyers paid | Year |
|---|---|---|---|
| 1 RK / 1 BHK | about 500 sq ft | ₹70 lakh | 2025 sales |
| 2 BHK | about 760 – 820 sq ft | ₹1.05 – 1.17 crore | 2026 sales |
| 3 BHK | about 990 – 1,120 sq ft | ₹1.43 – 1.84 crore | 2026 sales |
| 4 BHK | about 1,550 sq ft | ₹2.41 – 2.59 crore | 2026 sales |
Price per sq ft, year by year
| 2025 | ₹15,100 per sq ft |
|---|---|
| 2026up 5% on 2025 | ₹15,800 per sq ft |
Registered sales across all 4 phases.
Compared with the typical Balewadi rate in 2026: about 5% higher
How to read this price
- 80% of registered sales that year were at this rate or less.
- Size is total internal area: carpet + balcony + terrace.
- Higher floors, corner flats and open views usually cost more; lower floors and road-facing flats often less.
- The registered price includes parking and floor-rise; GST, stamp duty and registration are extra.
- Fewer sales means a less certain figure.
- Use it as a starting point for questions, not as an offer price.
Phases
The 4 phases
| Phase | MahaRERA no. | Flats | Possession | Structure | Booked |
|---|---|---|---|---|---|
| The Midas Residences Phase 1 Early stage | P52100045688 | 208 | 0% | 57% | |
| The Midas Residences Phase 2 Early stage | P52100050257 | 98 | 0% | 72% | |
| The Midas Residences Phase 3 Early stage | P52100050581 | 47 | 0% | 17% | |
| The Midas Residences Phase 4 Early stage | PR1263032502246 | 54 | 0% | 48% |
Show updates by phase
The Midas Residences Phase 1 (P52100045688)
| 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.
The Midas Residences Phase 2 (P52100050257)
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 90% | 0% | 0% | 71 | |
| 0% | 0% | 0% | 50 | |
| 0% | 0% | 0% | — |
"—" means MahaRERA shows no figure for that update.
The Midas Residences Phase 3 (P52100050581)
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 85% | 0% | 0% | 8 | |
| 10% | 0% | 0% | 7 | |
| 0% | 0% | 0% | — |
"—" means MahaRERA shows no figure for that update.
The Midas Residences Phase 4 (PR1263032502246)
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 90% | 0% | 0% | 26 |
"—" means MahaRERA shows no figure for that update.
Compare
Compared with 6 similar projects in PIN 411045
Projects with 200–900 flats, launched within 6 months of this one.
| Measure | This project | Similar projects |
|---|---|---|
| Promised timeline (launch to possession) | 4 yrs 10 mths | 5 yrs |
| Possession date extended | Yes | 0 of 6 |
| Possession date (MahaRERA) | Jun 2028 – Jun 2030 | June 2027 |
| Concrete structure (RCC) | 0% | 76% |
| Units booked | 62% | 73% |
| MahaRERA complaints (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 | July 2022 | Dec 2027 | 95% | 211 of 271 booked (78%) |
| 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 Balmoral Towers | September 2022 | Dec 2028 – Dec 2030 | 45% | 153 of 276 booked (55%) |
| Majestique Signature Towers | February 2022 | Dec 2026 – Dec 2028 | 78% | 416 of 506 booked (82%) |
| Majestique Signature Towers | February 2022 | Dec 2026 – Jun 2027 | 88% | 192 of 200 booked (96%) |
How to read construction stages
- Early stage
- The concrete structure (RCC) has not started yet.
- Mid-construction
- The concrete structure (RCC) is being built.
- Nearing possession
- The concrete structure (RCC) is complete and final finishes are below 90%.
- Ready to move
- MahaRERA shows the project Completed, or the concrete structure (RCC) is complete and final finishes are 90% or more.
- Concrete structure (RCC)
- The reinforced-concrete frame of the building: columns, beams and slabs.
- Final finishes
- Lifts, services, common areas and other works needed before handover, not the finishes inside each flat.
- Lapsed
- MahaRERA status when the possession date has passed with no extension or completion filed; it does not by itself mean work has stopped.
About this project
The Midas Residences is a project by Selenite Properties Private Limited in Balewadi, Pune 411045, registered with MahaRERA as 4 phases (P52100045688, P52100050257, P52100050581, PR1263032502246). The first phase was launched in June 2022. Together the phases have 407 units in 7 buildings, with 1, 2, 3 & 4 BHK homes as registered with MahaRERA. All 4 phases are active on MahaRERA.
The phases' registered possession dates run from June 2028 to June 2030; 3 of 4 phases have an extended possession date. Across all phases, weighted by flats, the concrete structure (RCC) is 0% complete and final finishes 0% complete. 0 of the 4 phases have their structure complete.
224 of the 360 units reported for sale are booked (62%). In 2026 registered sales, 80% of flats here sold at ₹15,800 per sq ft or less (up 5% on 2025), counting balconies and terrace in the size. Buyers here paid a rate about 5% higher than the typical Balewadi rate in 2026. Most buyers paid ₹70 lakh for 1 RK / 1 BHK flats of about 500 sq ft (2025 sales); ₹1.05–1.17 crore for 2 BHK flats of about 760–820 sq ft (2026 sales); ₹1.43–1.84 crore for 3 BHK flats of about 990–1,120 sq ft (2026 sales); ₹2.41–2.59 crore for 4 BHK flats of about 1,550 sq ft (2026 sales). The registered price includes parking and floor-rise; GST, stamp duty and registration are extra.