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Detailed Report

The Midas Residences Phase 5

PR1264042601471 · MahaRERA · https://gethorizon.in/projects/the-midas-residences-phase-5-balewadi-haveli-es8iybg4

01

Complete project overview

MahaRERA · Registration filing
Project name
The Midas Residences Phase 5
Units
2 units
Floors
6
Buildings
2
Parking
3 spaces
Land area
21,197 sq m
Sanctioned built-up
248 sq m
Recreational open space
2,895 sq m

Timeline

RERA registeredAug 2026
Proposed completionJun 2030
TodaySep 2026
Construction progress
Excavation0%
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%
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
The Midas Residences Phase 1The Midas Residences Phase 2The Midas Residences Phase 3The Midas Residences Phase 4The Midas Residences Phase 5The Midas Residences Phase 6

The Midas Residences Phase 5

this project
Residential / Group Housing
Aug 2026registered
Jun 2030target completion
2 flats248 sq m
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
  • 148 new projects last year
  • 1,669 nearby projects
1 km radius · coordinates as filed · 18.5648, 73.7828 · © OpenStreetMap contributors
Village
Balewadi
Taluka
Haveli
District
Pune
Pincode
411045
Survey no.
Old Sr. No. 44/5/1, 44/6/1, 44/6/2 & 44/7, New Sr. No. 44/6/1/2/5/7/1/Plot 1, 44/6/1/2/5/7/2/Plot 2, 44/6/1/2/5/7/3/Plot 3, 44/6/1/2/5/7/4/Plot 4, 44/6/1/2/5/7/5/Plot 5, 44/6/1/2/5/7/6/Plot 6, 44/6/1/2/5/7/7, 44/6/1/2/5/7/8, 44/6/1/2/5/7/9, 44/6/1/2/5/7/10, 44/6/1/2/5/7/11, 44/6/1/2/5/7/12, 44/6/1/2/5/7/13
North boundary
Adj. S.no. 46 and 24 M Wide Road
East boundary
ADJ S NO 45
South boundary
ADJ SR NO 44 PART
West boundary
ADJ SR NO 44 PART
What’s nearby
SchoolsNearest school 1.2km away · College or university 1.8km away · Library 581m away
HealthcareHospital 620m away · 12 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · Gym or sports centre 221m away · 50+ restaurants and cafes within 1km
ShoppingSupermarket 221m away · Convenience store within 500m · Bank 86m away
Getting around
Expressway 1.5 km · Katraj - Dehu Road BypassPrimary road 129 m · Gopal Hari Deshmukh MargMetro station 331m away (Balewadi Phata)10 bus stops within 500m
Water & environment
River 588 m · Mula
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. Old Sr. No. 44/5/1, 44/6/1, 44/6/2 & 44/7, New Sr. No. 44/6/1/2/5/7/1/Plot 1, 44/6/1/2/5/7/2/Plot 2, 44/6/1/2/5/7/3/Plot 3, 44/6/1/2/5/7/4/Plot 4, 44/6/1/2/5/7/5/Plot 5, 44/6/1/2/5/7/6/Plot 6, 44/6/1/2/5/7/7, 44/6/1/2/5/7/8, 44/6/1/2/5/7/9, 44/6/1/2/5/7/10, 44/6/1/2/5/7/11, 44/6/1/2/5/7/12, 44/6/1/2/5/7/13
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 projects — about 1 in 11 in Maharashtra.

an apartments market — 99% 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

3,301 residential projects still under way within 25 km. Step out ring by ring:

Of the 1,669 projects the radar draws within 6 km — every kind, every stage — 495 are residential projects still under way. This list keeps only those, and looks further out.

55 projects within 1 km — showing the nearest 6.

10 m awayResidential / Group Housing

The Balmoral Towers - Tower B, Phase III

Kasturi Spaces Private Limited · Balewadi · Haveli

Jul 2024registered
Dec 2029target completion
Government Guidance Rate₹71,974/sq ydScale162 flatsAuthorityMahaRERA
Open the read
10 m awayResidential / Group Housing

Shrey Villas

SAHYOG DEVELOPERS · Balewadi · Haveli

Jan 2025registered
Mar 2026target completion
Government Guidance Rate₹71,974/sq ydScale13 flatsAuthorityMahaRERA
Open the read
10 m awayResidential / Group Housing

28 PEARL

Hindavee Developers · Balewadi · Haveli

Feb 2025registered
Mar 2028target completion
Government Guidance Rate₹71,974/sq ydScale12 flatsAuthorityMahaRERA
Open the read
10 m awayResidential / Group Housing

Comfort Zone Bliss

ADITYA SHAGUN DEVELOPERS · Balewadi · Haveli

Dec 2025registered
Jun 2027target completion
Government Guidance Rate₹71,974/sq ydScale27 flatsAuthorityMahaRERA
Open the read
10 m awayMixed

Sai Canary A3

Sai Spacecon India Private Limited · Balewadi · Haveli

Mar 2026registered
Dec 2028target completion
Government Guidance Rate₹71,974/sq ydScale106 flatsAuthorityMahaRERA
Open the read
10 m awayResidential / Group Housing

PRIVILEGE STUDIOS

AJITESH DEVELOPERS · Balewadi · Haveli

Feb 2026registered
Dec 2030target completion
Government Guidance Rate₹71,974/sq ydScale48 flatsAuthorityMahaRERA
Open the read

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
    • Court cases, as declared by the builder, in its MahaRERA filing.
  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-5-balewadi-haveli-es8iybg4.

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.