MAGNACITY - Tower A2, Manjari Budruk
by Malnad Project (I) Pvt Ltd. Manjari Budruk, Pune 412307. View on Google Maps
- Launched
- 4 years 11 months promised
- Possession date (MahaRERA)
- 2 years 2 months awayPossession date unchanged since launch
- Concrete structure (RCC)
- 4%Mid-constructionAverage across 9 buildings
- Units booked
- 707 of 1,08065% booked
- Price per sq ft (incl. balconies and terrace)
- ₹8,6002026 so far · 47 salesdown 1% on 202580% of the 2026 sales we found were at this rate or lessSee what buyers paid
Project facts
| 1 BHK | 45 |
|---|---|
| 2 BHK | 765 |
| 3 BHK | 270 |
| Total units | 1,080 |
| Buildings | 9 |
| Land | 11.8 acres |
| Complaints on MahaRERA (filed by or against the builder) | 0 |
Since Dec 2025: booked 597 → 707 · structure 0% → 4% · total units 960 → 1,080
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 | ₹64 – 65 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 | ₹8,700 per sq ft | 213 sales |
|---|---|---|
| 2025about the same as 2024 | ₹8,700 per sq ft | 310 sales |
| 2026 so fardown 1% on 2025 | ₹8,600 per sq ft | 47 sales |
Rate vs other Manjari Budruk projects, 2026: about 5% lower
Compared with 3 similar projects in PIN 412307
Projects with 500–2,200 flats, launched within 1 year of this one.
| Measure | This project | Similar projects |
|---|---|---|
| Promised timeline (launch to possession) | 4 yrs 11 mths | 4 yrs 11 mths |
| Possession date extended | No | 0 of 3 |
| Possession date (MahaRERA) | December 2028 | December 2028 |
| Concrete structure (RCC) complete | 4% | 46% |
| Share of units booked | 65% | 89% |
| 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 |
|---|---|---|---|---|
| VTP DOLCE VITA Phase 1 | July 2023 | December 2028 | 46% | 668 of 736 booked (91%) |
| Joyville Celestia Phase 6 | October 2024 | September 2029 | 0% | 169 of 592 booked (29%) |
| Godrej Urban Retreat | March 2023 | October 2027 | 82% | 622 of 698 booked (89%) |
Construction progress
As reported to MahaRERA at each updateUpdates reported to MahaRERA
| 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.
Other phases of this project
About this project
MAGNACITY - Tower A2 (MahaRERA P52100054476) is a residential project by Malnad Project (I) Pvt Ltd in Manjari Budruk, Pune 412307. It was launched in January 2024. It has 1,080 units in 9 buildings, with 1, 2 & 3 BHK homes as registered with MahaRERA. Its MahaRERA status is Active.
Its registered possession date is December 2028, unchanged since launch. Construction, averaged across its 9 buildings: excavation 89% complete, structure (RCC) 4% complete, final finishes not started. MahaRERA records do not show it as ready to move in.
707 of its 1,080 units are booked (65%). Since the December 2025 update, 110 more units have been booked and the reported concrete structure (RCC) has gone from 0% to 4%. 80% of the 2026 (so far) sales we found here were at ₹8,600 per sq ft or less (down 1% on 2025), counting balconies and terrace in the size, based on 47 registered sales. Buyers here paid a rate about 5% lower than at other Manjari Budruk projects in 2026. Most buyers paid ₹64–65 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.