Nova Elegance, Mundhwa
by Magarpatta Township Development & Construction Co. Ltd.. Mundhwa, Pune 411036. View on Google Maps
- Launched
- 4 years 2 months promised
- Possession date (MahaRERA)
- 1 year 2 months awayPossession date unchanged since launch
- Concrete structure (RCC)
- 15%Mid-construction
- Units booked
- 22 of 4846% booked
Project facts
| 5+ BHK | 48 |
|---|---|
| Total units | 48 |
| Buildings | 1 |
| Land | 0.8 acres |
| Complaints on MahaRERA (filed by or against the builder) | 2 |
Since Dec 2025: complaints 0 → 2
Compared with 6 similar projects in PIN 411036
Projects with 20–100 flats, launched within 6 months of this one.
| Measure | This project | Similar projects |
|---|---|---|
| Promised timeline (launch to possession) | 4 yrs 2 mths | 4 yrs 2 mths |
| Possession date extended | No | 0 of 6 |
| Possession date (MahaRERA) | December 2027 | December 2027 |
| Concrete structure (RCC) complete | 15% | 68% |
| Share of units booked | 46% | 69% |
| Complaints on MahaRERA (filed by or against the builder) | 2 | 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 |
|---|---|---|---|---|
| 47 East - B Wing B, C and D | October 2023 | December 2028 | 29% | 35 of 63 booked (56%) |
| Mantra Mesmer Phase 7 | October 2023 | December 2027 | 100% | 42 of 86 booked (49%) |
| Envogue 1 | October 2023 | December 2028 | 97% | 87 of 89 booked (98%) |
| Mantra Mesmer Phase 6 | September 2023 | December 2027 | 100% | 36 of 44 booked (82%) |
| 47 East - C MHADA | November 2023 | April 2027 | 38% | 58 of 69 booked (84%) |
| Atulyam-Inclusive Housing | November 2023 | December 2027 | 0% | 1 of 28 booked (4%) |
Construction progress
As reported to MahaRERA at each updateUpdates reported to MahaRERA
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 100% | 15% | 10% | 22 | |
| 100% | 0% | 5% | 17 | |
| 100% | 0% | 0% | 1 | |
| 0% | 0% | 0% | — |
"—" means MahaRERA shows no figure for that update.
About this project
Nova Elegance (MahaRERA P52100053062) is a residential project by Magarpatta Township Development & Construction Co. Ltd. in Mundhwa, Pune 411036. It was launched in October 2023. It has 48 units in 1 building, with 5+ BHK homes as registered with MahaRERA. Its MahaRERA status is Active.
Its registered possession date is December 2027, unchanged since launch. Construction: excavation complete, structure (RCC) 15% complete, final finishes 10% complete. MahaRERA records do not show it as ready to move in.
22 of its 48 units are booked (46%).
Magarpatta's track record in Pune
MahaRERA projects registered 2017–2026, in the 59 areas FlatNama covers
| Projects registered with MahaRERA | 24 |
|---|---|
| Completed without extending the possession date | 11 |
| Completed after an extension, or lapsed | 5 |
| Under construction | 8 |
| Possession date extended by the builder | 1 |
| Complaints on MahaRERA, all Magarpatta projects | 7 (4 of 24 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.