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New Friends, Kothrud

by Majestique Duropolis Private Limited. Kothrud, Pune 411038. View on Google Maps

Launched
5 years 8 months promised
Possession date (MahaRERA)
3 years 2 months awayPossession date unchanged since launch
Concrete structure (RCC)
0%Early stageAverage across 7 buildings
Units booked
179 of 77323% booked
Price per sq ft (incl. balconies and terrace)
₹17,4002026 so far · 49 salesup 1% on 202580% of the 2026 sales we found were at this rate or lessSee what buyers paid

Project facts

1 BHK9
2 BHK298
3 BHK231
Other units (shops, offices or not given by type)235
Total units773
Buildings7
Land3.2 acres
Rehab units253
Complaints on MahaRERA (filed by or against the builder)0

Since Dec 2025: total units 774 → 773

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What buyers paid here

From government sale records

The price per sq ft is the agreed price of the flat alone, counting balconies and terrace.

Flat sizes and prices

Flat sizeWhat most buyers paid
780 sq ft₹1.19 – 1.38 crore
860 – 880 sq ft₹1.35 – 1.53 crore
1,050 – 1,260 sq ft₹1.78 – 2.03 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.

2024₹17,700 per sq ft25 sales
2025down 3% on 2024₹17,200 per sq ft117 sales
2026 so farup 1% on 2025₹17,400 per sq ft49 sales

Rate vs other Kothrud projects, 2026: about 10% higher

Construction progress

As reported to MahaRERA at each update
Time used and structure built
2 years 6 months of the promised 5 years 8 months have passed
Concrete structure (RCC) 0% complete
Concrete structure (RCC)Final finishesExcavation
0%25%50%75%100%Jun 2024Dec 2024Jun 2025Dec 2025Jul 2026Jun 2024: Excavation 0%Dec 2024: Excavation 0%Jun 2025: Excavation 0%Dec 2025: Excavation 64%Jul 2026: Excavation 64%Jun 2024: Concrete structure (RCC) 0%Dec 2024: Concrete structure (RCC) 0%Jun 2025: Concrete structure (RCC) 0%Dec 2025: Concrete structure (RCC) 0%Jul 2026: Concrete structure (RCC) 0%Jun 2024: Final finishes 0%Dec 2024: Final finishes 0%Jun 2025: Final finishes 0%Dec 2025: Final finishes 0%Jul 2026: Final finishes 0%Excavation 64%Concrete structure (RCC) 0%Final finishes 0%

Updates reported to MahaRERA

Updates reported to MahaRERA, newest first
UpdateExcavationStructure (RCC)Final finishesUnits booked
64%0%0%179
64%0%0%—
0%0%0%—

"—" means MahaRERA shows no figure for that update.

About this project

New Friends (MahaRERA P52100055935) is a residential project by Majestique Duropolis Private Limited in Kothrud, Pune 411038. It was launched in April 2024. It has 773 units in 7 buildings: 538 homes (1, 2 & 3 BHK) and 235 other units (shops, offices or not given by type), as registered with MahaRERA. Its MahaRERA status is Active.

Its registered possession date is December 2029, unchanged since launch. Construction, averaged across its 7 buildings: excavation 64% complete, structure (RCC) not started, final finishes not started. MahaRERA records do not show it as ready to move in.

179 of its 773 units are booked (23%). 80% of the 2026 (so far) sales we found here were at ₹17,400 per sq ft or less (up 1% on 2025), counting balconies and terrace in the size, based on 49 registered sales. Buyers here paid a rate about 10% higher than at other Kothrud projects in 2026. Most buyers paid ₹1.19–1.38 crore for flats of 780 sq ft, ₹1.35–1.53 crore for 860–880 sq ft and ₹1.78–2.03 crore for 1,050–1,260 sq ft.

Majestique's track record in Pune

MahaRERA projects registered 2017–2026, in the 59 areas FlatNama covers

Projects registered with MahaRERA74
Completed without extending the possession date35
Completed after an extension, or lapsed9
Under construction30
Possession date extended by the builder1
Typical time from launch to 100% structure3 years 8 months
Complaints on MahaRERA, all Majestique projects30 (11 of 74 projects)

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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.
Source: MahaRERA registration P52100055935.Check it on MahaRERA (P52100055935)All projects in Kothrud