ActiveP52100052912Registered Oct 20231 red flag

Megapolis Shimmer - A1

A residential / group housing project by Pegasus Properties Pvt. Ltd. in Rajiv Gandhi Infotech Park Phase 3, Pune.

Data as of Jul 2026, from this project's public MahaRERA filing. View on the MahaRERA portal ↗

Overview

Status & progress

Per MahaRERA record as of Jul 2026.

Construction
66%
cost-weighted
Declared completion
Mar 2029
no delay on record
Units sold
488 / 511
95% sell-through
Basics

Project basics

As filed with MahaRERA — not analysis, just the record.

Promoter
Pegasus Properties Pvt. Ltd. · Company
Project type
Residential / Group Housing
Land area
8,829 m² · Permissible built-up (FSI) 43,688 m²
Total units
511 across 3 wings
Estimated cost
₹179 Cr
Parking
511 four-wheeler · 0 two-wheeler
Application date
23 Aug 2023
Buildings & units

3 wings

Floors and unit counts as filed.

WingFloors sanctionedTotal units
NA24 of 24 proposed180
NA24 of 24 proposed148
NA24 of 24 proposed183
People on record

Promoter & professionals

Names and registrations as declared — no background analysis.

Architect
Ar Anil Madhusudan Kulkarni · CA/85/8999
Structural engineer
Suneel Kulkarni · NA
Project bank
HDFC BANK
Location

Where it sits

Rajiv Gandhi Infotech Park Phase 3, Pune — 411057.

Locality
Rajiv Gandhi Infotech Park Phase 3
District
Pune
Authority
Maharashtra Industrial Development Corporation
Red flags

1 flag on this project

What they are and why they matter — in the full report.

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Delay analysis & explanations

Why these flags matter

Unlock the delay analysis, sales & construction narrative, and what-to-verify checklist for this project.

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Legal & encumbrance

Complaints, litigation & charges

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Megapolis Shimmer - A1: common questions

Is Megapolis Shimmer - A1 RERA registered?

Yes. Megapolis Shimmer - A1 is registered with MahaRERA under registration number P52100052912, granted on 5 October 2023. As of July 2026, the registration is active.

What is the possession date of Megapolis Shimmer - A1?

The developer has declared completion by March 2029 in its MahaRERA filing. The RERA completion date is the developer's legal commitment; the possession date in your agreement can differ, so check both.

Who is the builder of Megapolis Shimmer - A1?

Megapolis Shimmer - A1 is developed by Pegasus Properties Pvt. Ltd., the promoter named in its MahaRERA registration.

Where is Megapolis Shimmer - A1 located?

Megapolis Shimmer - A1 is in Pune (PIN 411057), Maharashtra, as declared in its RERA registration.

How many units does Megapolis Shimmer - A1 have, and how many are sold?

Megapolis Shimmer - A1 has 511 units on its RERA registration. 492 were reported sold as of July 2026, leaving 19 unsold.

How much construction of Megapolis Shimmer - A1 is complete?

By the developer's own quarterly filing, 66% of the work is done, measured against the project's cost estimate.

Is there any litigation against Megapolis Shimmer - A1?

2 litigation cases are declared on Megapolis Shimmer - A1's MahaRERA record. The full report lists each case with its court and status.

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