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Detailed Report

The Midas Residences Phase 1

P52100045688 · MahaRERA · https://gethorizon.in/projects/the-midas-residences-phase-1-balewadi-haveli-ky0t7lmj

01

Complete project overview

MahaRERA · Registration filing
Project name
The Midas Residences Phase 1
Units
208 units
Floors
24
Buildings
8
Parking
398 spaces
Land area
8,223 sq m
Sanctioned built-up
24,696 sq m
Recreational open space
2,823 sq m

Timeline

RERA registeredJun 2022
Proposed completionDec 2026
TodaySep 2026
Construction progress
Basement (if any)0%
Podiums0%
Plinth0%
Stilt floor0%
Superstructure0%
Internal finishes0%
Flat fit-out0%
Stairs & lifts0%
External finishes0%
OC-readiness0%
Internal Roads & F…0%
Water Supply0%
Sewerage (Chamber,…0%
Storm Water Drains0%
Landscaping & Tree…0%
Street Lighting0%
Community Building…0%
Treatment And Disp…0%
Solid Waste Manage…0%
Water conservation…0%
Energy managemcnt0%
Fire protection an…0%
Electrical meter r…0%
Aggregate area of …0%
Open Parking0%
Excavation90%
Per-activity completion % as filed with MahaRERA, shown for in-progress projects — a snapshot, not a live tracker.
02

Builder’s track record

MahaRERA · Builder registration

SELENITE PROPERTIES PRIVATE LIMITED

CompanyPromoter type
Pune, MAHARASHTRABased in
6Projects
1City
2022–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
411 homeson the public record across 6 projects
47,451 sq mbuilt-up filed
74,655 sq mland declared

These are sums of what the builder has put on the public record across their projects — a sense of how big a builder this is, not build quality and not whether they finish on time.

Every project Horizon has read from this builder, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

More from SELENITE PROPERTIES PRIVATE LIMITED— the full portfolio →

03

Location

MahaRERA · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 2 nearby projects
1 km radius · coordinates as filed · 18.3828, 74.3059 · © OpenStreetMap contributors
Village
Balewadi
Taluka
Haveli
District
Pune
Pincode
411045
Survey no.
SR NO 44/5/1, 44/6/1, 44/6/2, 44/7, BALEWADI PUNE
North boundary
PROPOSED A5 BUILDING
East boundary
ADJ S NO 45 P
South boundary
PROPOSED COMM BUILDING
West boundary
ADJ SR NO 43 P
What’s nearby
SchoolsNo schools within 2km
HealthcareNo hospital within 5km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
No metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Water body 1.7 kmCanal 4.2 km
distances only — not a flood assessment
04

Government Guidance Rate

Maharashtra IGR — Annual Statement of Rates

In Maharashtra it’s called the ready reckoner rate.

₹71,974per sq yd
₹86,080per sq m
Which rate
residential flat (built)
Matched to
The rate published for the village of “Balewadi”.
In force
2026-2027 schedule
Spread
₹46,489₹88,145 per sq yd across the places it was taken over

What this number is — and isn’t

  • The minimum value Maharashtra’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
  • Not a market price. Sales normally register above it, and how far above varies by place and by project.
  • Its fit depends on the grain the state publishes at. This one is matched at the level of village, and says so above. How Horizon decides what to show.
05

Planning authority

MahaRERA · Approved building plan

Pune Municipal Corporation

Municipal Corporation
Building Permit
Survey no. SR NO 44/5/1, 44/6/1, 44/6/2, 44/7, BALEWADI PUNE
The occupancy certificate — the proof that isn’t here

An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.

The approving body, at scale

Pune Municipal Corporation

Municipal corporation

Has approved 1,863 RERA projectsabout 1 in 11 in Maharashtra.

an apartments market99% apartments · 1% plotted layouts. Apartments like yours are this body's core business.

Builders
1,351
On record
9,749 flats · 439 plots
Reach
3 districts
Since
2017

Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

See every project approved by MahaRERA

07

Other projects nearby

The register · within 25 km

16 residential projects still under way within 25 km. Step out ring by ring:

Of the 2 projects the radar draws within 6 km — every kind, every stage — none is a residential project still under way. This list keeps only those, and looks further out.

10 projects between 10 and 20 km — showing the nearest 6.

12.3 km awayOthers

Ekdant Residency

EKDANT ENTERPRISES · Morgaon · Baramati

Jan 2025registered
Dec 2026target completion
Scale34 flatsAuthorityMahaRERA
14.5 km awayResidential / Group Housing

PANDURANG RESIDENCY

ShrI Mangalmurti Builders and Developers · Patas · Daund

Dec 2023registered
Mar 2028target completion
Scale28 flatsAuthorityMahaRERA
17.8 km awayResidential / Group Housing

GOPALNATH RESIDENCY

BHIVAJI NAVNATH BANDGAR · Daund

Aug 2024registered
Feb 2029target completion
Government Guidance Rate₹23,746/sq ydScale26 flatsAuthorityMahaRERA
18.0 km awayResidential / Group Housing

Arkaya Phase I

High Yield Fortune Pvt Ltd · Boribhadak · Daund

Jan 2024registered
Oct 2026target completion
Scale40 flatsAuthorityMahaRERA
18.9 km awayResidential / Group Housing

JAY SHANKAR COMPLEX

ARUN SHANKAR JOSHI · Jejuri · Purandhar

Nov 2024registered
May 2027target completion
Government Guidance Rate₹22,509/sq ydScale18 flatsAuthorityMahaRERA
19.1 km awayOthers

MALHARGAD VIEW

HARINIMA BUILDERS · Jejuri · Purandhar

Jun 2025registered
Oct 2027target completion
Government Guidance Rate₹22,509/sq ydScale27 flatsAuthorityMahaRERA

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with MahaRERA, as the builder submitted it.
  2. 02Builder's track record
    • MahaRERA: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location
    • Address and pincode: the MahaRERA filing.
    • Coordinates: as filed with MahaRERA.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Government Guidance Rate
    • Maharashtra IGR — Annual Statement of Rates.
  5. 05Planning authority
    • MahaRERA: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  6. 06Complaints & litigation
    • MahaRERA's public record lists no complaints or litigation for this project.
  7. 07Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/the-midas-residences-phase-1-balewadi-haveli-ky0t7lmj.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.