Magnacity, Manjari Budruk
by Malnad Project (I) Pvt Ltd. Manjari Budruk, Pune 412307. View on Google Maps
- Launched
- First of 2 phases
- Possession dates (MahaRERA)
- May 2028 – Dec 2028varies by phaseNo phase has an extended possession date
- Concrete structure (RCC)
- 34%Mid-construction1 of 2 phases with structure completeWeighted across 2 phases
- Units booked
- 1,054 of 1,56068% booked
- Price per sq ft
- ₹8,7002026 salesabout the same as 2025See what buyers paid
Facts
Project facts
| 1 BHK | 65 |
|---|---|
| 2 BHK | 1,105 |
| 3 BHK | 390 |
| Total units | 1,560 |
| Buildings | 13 |
| Land | 11.8 acres |
| Phases | 2 |
| MahaRERA complaints (filed by or against the builder) | 2 |
Since Dec 2025: booked 881 → 1,054
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 |
|---|---|---|---|
| 2 BHK | about 760 sq ft | ₹64 – 66 lakh | 2026 sales |
| 3 BHK | about 1,050 sq ft | ₹89 – 94 lakh | 2026 sales |
Price per sq ft, year by year
| 2023 | ₹8,100 per sq ft |
|---|---|
| 2024up 6% on 2023 | ₹8,600 per sq ft |
| 2025up 1% on 2024 | ₹8,700 per sq ft |
| 2026about the same as 2025 | ₹8,700 per sq ft |
Registered sales across all 2 phases.
Compared with the typical Manjari Budruk rate in 2026: about 5% lower
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 2 phases
| Phase | MahaRERA no. | Flats | Possession | Structure | Booked |
|---|---|---|---|---|---|
| Magnacity - Tower A3 Nearing possession | P52100052096 | 480 | 100% | 72% | |
| Magnacity - Tower A2 Mid-construction | P52100054476 | 1,080 | 4% | 65% |
Show updates by phase
Magnacity - Tower A3 (P52100052096)
| 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.
Magnacity - Tower A2 (P52100054476)
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 89% | 4% | 0% | 707 | |
| 0% | 0% | 0% | 597 | |
| 0% | 0% | 0% | 486 | |
| 0% | 0% | 0% | 122 |
"—" means MahaRERA shows no figure for that update.
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
Magnacity is a project by Malnad Project (I) Pvt Ltd in Manjari Budruk, Pune 412307, registered with MahaRERA as 2 phases (P52100052096, P52100054476). The first phase was launched in July 2023. Together the phases have 1,560 units in 13 buildings, with 1, 2 & 3 BHK homes as registered with MahaRERA. All 2 phases are active on MahaRERA.
The phases' registered possession dates run from May 2028 to December 2028; no phase has an extended possession date. Across all phases, weighted by flats, the concrete structure (RCC) is 34% complete and final finishes 0% complete. 1 of the 2 phases have their structure complete.
1,054 of the 1,560 units reported for sale are booked (68%). In 2026 registered sales, 80% of flats here sold at ₹8,700 per sq ft or less (about the same as 2025), counting balconies and terrace in the size. Buyers here paid a rate about 5% lower than the typical Manjari Budruk rate in 2026. Most buyers paid ₹64–66 lakh for 2 BHK flats of about 760 sq ft (2026 sales); ₹89–94 lakh for 3 BHK flats of about 1,050 sq ft (2026 sales). The registered price includes parking and floor-rise; GST, stamp duty and registration are extra.
Kumar's track record in Pune
MahaRERA projects registered 2017–2026 in Pune & PCMC
| Projects registered with MahaRERA | 82 |
|---|---|
| Completed without extending the possession date | 42 |
| Completed after an extension | 2 |
| Lapsed | 3 |
| Under construction | 35 |
| Possession date extended on the builder's application | 5 |
| Typical time from launch to 100% structure | 2 years 6 months |
| MahaRERA complaints (filed by or against the builder), all Kumar projects | 71 (8 of 82 projects) |
- Completed without extending the possession date: MahaRERA shows the project Completed and the builder did not apply to extend its possession date. MahaRERA's blanket extensions (COVID 2020–21, and the automatic 4 months of August 2026) are not counted as the builder's.
- Completed after an extension: MahaRERA shows the project Completed after the builder extended its possession date.
- Lapsed: the possession date passed with no extension or completion filed on MahaRERA; it does not by itself mean work has stopped.
- Under construction: MahaRERA status Active.
- Possession date extended on the builder's application: 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 (RCC) reached 100% between December 2023 and July 2026, counted from registration.
- MahaRERA complaints: complaints on MahaRERA filed by or against the builder, on all its projects.