MAGNACITY - Tower A3, Manjari Budruk
by Malnad Project (I) Pvt Ltd. Manjari Budruk, Pune 412307. View on Google Maps
- Launched
- 4 years 10 months promised
- Possession date (MahaRERA)
- 1 year 7 months awayPossession date unchanged since launch
- Concrete structure (RCC)
- 100%Nearing possessionAverage across 4 buildings
- Units booked
- 347 of 48072% booked
- Price per sq ft (incl. balconies and terrace)
- ₹8,9002026 so far · 20 salesup 2% on 202580% of the 2026 sales we found were at this rate or lessSee what buyers paid
Project facts
| 1 BHK | 20 |
|---|---|
| 2 BHK | 340 |
| 3 BHK | 120 |
| Total units | 480 |
| Buildings | 4 |
| Land | 11.8 acres |
| Complaints on MahaRERA (filed by or against the builder) | 2 |
Since Dec 2025: booked 284 → 347 · structure 62% → 100% · complaints 1 → 2
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 sq ft | ₹66 – 67 lakh |
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.
| 2024 | ₹8,400 per sq ft | 104 sales |
|---|---|---|
| 2025up 4% on 2024 | ₹8,700 per sq ft | 49 sales |
| 2026 so farup 2% on 2025 | ₹8,900 per sq ft | 20 sales |
Rate vs other Manjari Budruk projects, 2026: similar
Compared with 4 similar projects in PIN 412307
Projects with 200–1,000 flats, launched within 1 year of this one.
| Measure | This project | Similar projects |
|---|---|---|
| Promised timeline (launch to possession) | 4 yrs 10 mths | 4 yrs 11 mths |
| Possession date extended | No | 0 of 4 |
| Possession date (MahaRERA) | May 2028 | June 2028 |
| Concrete structure (RCC) complete | 100% | 64% |
| Share of units booked | 72% | 82% |
| Complaints on MahaRERA (filed by or against the builder) | 2 | 4 |
"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 |
|---|---|---|---|---|
| VTP DOLCE VITA Phase 1 | July 2023 | December 2028 | 46% | 668 of 736 booked (91%) |
| Godrej Urban Retreat | March 2023 | October 2027 | 82% | 622 of 698 booked (89%) |
| Joyville Hadapsar Annexe Phase 17 | January 2024 | December 2027 | 85% | 101 of 252 booked (40%) |
| VTP Dolce Vita Phase 3 | March 2024 | June 2029 | 38% | 368 of 484 booked (76%) |
Construction progress
As reported to MahaRERA at each updateUpdates reported to MahaRERA
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 100% | 100% | 0% | 347 | |
| 100% | 62% | 0% | 284 | |
| 100% | 30% | 0% | 230 | |
| 100% | 8% | 0% | 223 | |
| 90% | 0% | 0% | 232 |
"—" means MahaRERA shows no figure for that update.
Other phases of this project
About this project
MAGNACITY - Tower A3 (MahaRERA P52100052096) is a residential project by Malnad Project (I) Pvt Ltd in Manjari Budruk, Pune 412307. It was launched in July 2023. It has 480 units in 4 buildings, with 1, 2 & 3 BHK homes as registered with MahaRERA. Its MahaRERA status is Active.
Its registered possession date is May 2028, unchanged since launch. Construction, averaged across its 4 buildings: excavation complete, structure (RCC) complete, final finishes not started. MahaRERA records do not show it as ready to move in.
347 of its 480 units are booked (72%). Since the December 2025 update, 63 more units have been booked and the reported concrete structure (RCC) has gone from 62% to 100%. 80% of the 2026 (so far) sales we found here were at ₹8,900 per sq ft or less (up 2% on 2025), counting balconies and terrace in the size, based on 20 registered sales. Buyers here paid a rate similar to other Manjari Budruk projects in 2026. Most buyers paid ₹66–67 lakh for flats of 760 sq ft.
Kumar's track record in Pune
MahaRERA projects registered 2017–2026, in the 59 areas FlatNama covers
| Projects registered with MahaRERA | 82 |
|---|---|
| Completed without extending the possession date | 42 |
| Completed after an extension, or lapsed | 5 |
| Under construction | 35 |
| Possession date extended by the builder | 5 |
| Typical time from launch to 100% structure | 2 years 6 months |
| Complaints on MahaRERA, all Kumar projects | 71 (8 of 82 projects) |
- Completed without extending the possession date: MahaRERA shows the project Completed and the builder did not extend its possession date. MahaRERA's COVID extensions (6 + 6 months, 2020–21) are not counted as the builder's.
- Completed after an extension, or lapsed: every other registration that is not under construction.
- Under construction: MahaRERA status Active.
- Possession date extended by the builder: counted across all of the above, so it overlaps them.
- Typical time from launch to 100% structure: the middle value for projects whose concrete structure reached 100% between December 2023 and July 2026, counted from registration.
- Complaints: complaints on MahaRERA filed by or against the builder, on all its projects.
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.