The Midas Residences Phase 2, Balewadi
by Selenite Properties Private Limited. Balewadi, Pune 411045. View on Google Maps
- Launched
- 5 years 3 months originally promised
- Possession date (MahaRERA)
- 3 years 2 months awayExtended by 1 year 6 months (originally June 2028). Why possession dates change
- Concrete structure (RCC)
- 0%Early stage
- Units booked
- 71 of 9872% booked
- Price per sq ft (incl. balconies and terrace)
- ₹14,5002026 so far · 14 salesdown 1% on 202580% of the 2026 sales we found were at this rate or lessSee what buyers paid
Project facts
| 2 BHK | 52 |
|---|---|
| 3 BHK | 46 |
| Total units | 98 |
| Buildings | 1 |
| Land | 5.1 acres |
| Landowner share | 16 |
| Complaints on MahaRERA (filed by or against the builder) | 0 |
Since Dec 2025: booked 50 → 71
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 |
|---|---|
| 990 – 1,020 sq ft | ₹1.42 – 1.44 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 | ₹14,600 per sq ft | 61 sales |
|---|---|---|
| 2026 so fardown 1% on 2025 | ₹14,500 per sq ft | 14 sales |
Rate vs other Balewadi projects, 2026: similar
Compared with 6 similar projects in PIN 411045
Projects with 40–200 flats, launched within 6 months of this one.
| Measure | This project | Similar projects |
|---|---|---|
| Promised timeline (launch to possession) | 5 yrs 3 mths | 4 yrs 8 mths |
| Possession date extended | By 1 year 6 months | 1 of 6 |
| Possession date (MahaRERA) | December 2029 | November 2027 |
| Concrete structure (RCC) complete | 0% | 100% |
| Share of units booked | 72% | 96% |
| 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 |
|---|---|---|---|---|
| Tejelevia Building C | April 2023 | December 2028 | 82% | 108 of 116 booked (93%) |
| Portia Grande | April 2023 | December 2027 | 100% | 129 of 132 booked (98%) |
| Elegance Vega | February 2023 | December 2026 | 98% | 70 of 74 booked (95%) |
| Nancy Hillview A-2 | January 2023 | September 2027 | 100% | All 84 units booked |
| Kumar Parth Tower C1 | December 2022 | December 2027 | 100% | All 193 units booked |
| Aneesha | October 2022 | December 2026 | 100% | 29 of 56 booked (52%) |
Construction progress
As reported to MahaRERA at each updateUpdates reported to MahaRERA
| 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.
Other phases of this project
About this project
The Midas Residences Phase 2 (MahaRERA P52100050257) is a residential project by Selenite Properties Private Limited in Balewadi, Pune 411045. It was launched in March 2023. It has 98 units in 1 building, with 2 & 3 BHK homes as registered with MahaRERA. Its MahaRERA status is Active.
Its registered possession date is December 2029, extended by 1 year 6 months from the original June 2028. Construction: excavation 90% complete, structure (RCC) not started, final finishes not started. MahaRERA records do not show it as ready to move in.
71 of its 98 units are booked (72%). Since the December 2025 update, 21 more units have been booked. 80% of the 2026 (so far) sales we found here were at ₹14,500 per sq ft or less (down 1% on 2025), counting balconies and terrace in the size, based on 14 registered sales. Buyers here paid a rate similar to other Balewadi projects in 2026. Most buyers paid ₹1.42–1.44 crore for flats of 990–1,020 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.