New LaunchGodrej Elaris
2, 3 & 4 BHK · 915–1,934 sq ft
From ₹1.73 Cr · 12-acre, 292-unit project
Independent Pune property guide
New & Upcoming Projects in Magarpatta, Pune
Magarpatta City is one of Pune’s best-known integrated townships, built by the farming families who once owned this land — but its own residential inventory is largely built out, so most current activity sits in the immediately adjoining corridor.
Magarpatta City itself is not actively launching fresh residential towers. What is tracked here is one project branded “Magarpatta” and two adjoining launches in the same corridor, one of which has a genuinely disputed locality and MahaRERA number across sources.
Bookings Open
New Launch Near Magarpatta
Godrej Elaris, a 12-acre, 292-unit project in the Magarpatta–Mundhwa corridor immediately adjoining Magarpatta City.
New LaunchDrag, swipe or use the arrows to see more projects.
Images are illustrative renders. Details are as published on each project page; confirm on MahaRERA before booking.
Recently Announced
Pre-Launch in Magarpatta
Wonder Group’s Magarpatta-area project, still ahead of a published price and MahaRERA number.
Pre-LaunchDrag, swipe or use the arrows to see more projects.
Images are illustrative renders. Details are as published on each project page; confirm on MahaRERA before booking.
Fixed Timelines
Under Construction Near Magarpatta
Mantra 1 Residences by Burgundy sits right on the Magarpatta–Mundhwa boundary; different sources list a different MahaRERA number and slightly different unit sizes for it, so confirm both directly before shortlisting.
Under ConstructionMantra 1 Residences by Burgundy
3, 3.5, 4 & 4.5 BHK · approx. 1,100–2,088 sq ft (sources vary)
Possession: 2029–2030 · locality and MahaRERA number are disputed across sources; confirm directly before booking
Drag, swipe or use the arrows to see more projects.
Images are illustrative renders. Details are as published on each project page; confirm on MahaRERA before booking.
Local Insight
Magarpatta City: A Farmer-Built Township, Now Largely Built Out
Magarpatta City is a 450-acre integrated township developed by Magarpatta Township Development and Construction Company, formed by the Magar family and other local landholders who pooled their farmland rather than selling it to outside developers — construction began in 2000, under the chairmanship of Satish Magar. Roughly 30% of the township is green cover.
It houses the 12-tower Cybercity IT and business park (tenants have included Accenture, Amdocs, HCL Technologies, Red Hat and Teradata), the Pentagon office complex, 12 residential clusters named after flowers with 1 to 4 BHK homes, four villa and bungalow developments, Seasons Mall, the Destination Centre retail strip, a hospital, schools and the 25-acre Aditi Gardens.
Because Magarpatta was largely built out by its original developer some years ago, fresh new-launch activity now shows up mainly in the adjoining Magarpatta–Mundhwa corridor rather than as new towers inside the township itself — Godrej Elaris, tracked above, is the clearest current example.
Getting Around
Magarpatta’s Connectivity
Magarpatta sits at the centre of the Hadapsar-Kharadi-Mundhwa employment belt.
Magarpatta City’s Cybercity is itself a major employment hub
A rare case where the township is the destination, not just the home, for a large share of its own residents.
Hadapsar and Amanora Park Town are immediately adjacent
Both extend the same retail and residential belt, tracked on their own pages on this site.
Kharadi’s EON Free Zone is a manageable drive further east
Within reach for anyone working there but choosing to live in the more established Magarpatta-Hadapsar belt instead.
Price Watch
What Does a Home Near Magarpatta Actually Cost?
Square Yards’ figure reflects the broader Magarpatta City search area, which includes both resale stock and adjoining new launches.
| Source | Avg. ₹/sq ft (approx.) | Basis |
|---|---|---|
| Square Yards | ₹17,350 | Magarpatta City area average |
Use Get a Free Shortlist for a current, project-specific rate rather than an area-wide average.
By Developer
Developers Active in the Magarpatta Area, Pune
A card opens that builder’s own page where one exists on this site; the rest open our enquiry form.
Questions Buyers Ask
Magarpatta Projects in Pune: Frequently Asked Questions
Is Magarpatta City still selling new homes directly?
Its original developer’s residential clusters were built out some years ago. Current new-launch activity in this area comes mainly from other developers building in the immediately adjoining corridor, such as Godrej Elaris, rather than fresh towers inside the original township.
Who built Magarpatta City?
Magarpatta Township Development and Construction Company, formed by the Magar family and other local farming families who pooled their land rather than selling it, with construction starting in 2000 under chairman Satish Magar.
What is inside Magarpatta City?
A 450-acre township including the Cybercity IT and business park, the Pentagon office complex, 12 residential clusters, four villa developments, Seasons Mall, a hospital and schools, with around 30% green cover.
Is Godrej Elaris technically in Magarpatta?
It sits in the adjoining Magarpatta–Mundhwa corridor rather than inside the original township boundary, but is close enough to be the relevant current new-launch option for anyone searching for a home near Magarpatta.
Considering a Project Near Magarpatta?
Tell us your budget and preferred configuration, and we will come back with current options in and around Magarpatta.