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Completed No litigation declared Residential / Group Housing project

Megapolis Saffron - A3 to A9

By Pegasus Properties Pvt. Ltd.

RG-MH-85750 · RERA P52100018779 · Last updated on MahaRERA portal: 17 Oct 2024

Source: official MahaRERA filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form
  • Recorded completed on MahaRERA

Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 16 other registrations and every project registered within 2 km.

See what the report covers Free either way: or have every new Pune registration emailed to you, free during the pilot beta.
Jun 2024Possession promisedregistration recorded completed
70 of 77Construction stages doneacross 7 buildings; furthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 100 documents Report an error

Megapolis Saffron - A3 to A9 is a Residential / Group Housing project by Pegasus Properties Pvt. Ltd. in Pune, Maharashtra, registered with MahaRERA as P52100018779 on 4 Dec 2018. The registration is recorded completed; possession was promised by 30 Jun 2024.

At a glance

Project

  • NameMegapolis Saffron - A3 to A9
  • TypeResidential / Group Housing
  • Location
    • MIDC Road
    • Rajiv Gandhi Infotech Park
    • Phase 3
    • Hinjavadi (CT)
    • Mulshi
    • Pune
    • 411057
  • Pincode411057
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100018779
  • ReraGenie IDRG-MH-85750

Builder

  • NamePegasus Properties Pvt. Ltd.
  • Entity typeCompany
  • CINU70102PN2007FTC129540
  • CIN is from this promoter's other MahaRERA registrations. This project's own filing does not repeat it.
  • Managing DirectorManoj Praveenchandra Shah
  • DirectorYogesh Yashwant Bhave
  • Other registrations16 more →
  • Completed13 of 17
  • No longer live2 lapsed, de-registered or revoked
  • Declared earlier projects13 →

Key dates

this monthRegisteredDec 2018PromisedJun 2024Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on4 Dec 2018
  • Promised completion30 Jun 2024
  • Revised completionNone
  • Buildings7 building records
  • Documents filed100 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A3NA150000
A4NA150000
A5NA150000
A6NA150000
A7NA140000
A8NA140000
A9NA140000

The full filing

Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.

Construction progress by building7

As on 17 Oct 2024, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.

70 of 77 construction stages are filed complete across 7 buildings. The stage furthest along is Podiums (if any), at 0%.

A391%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.100%
A491%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.100%
A591%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.100%
A691%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.100%
A791%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.100%
A891%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.100%
A991%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.100%

Progress on shared amenities15

As on 17 Oct 2024, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Internal Roads & FootpathsYes100%
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes100%
Street LightingYes100%
Community BuildingsYes100%
Treatment And Disposal Of Sewage And Sullage WaterYes100%
Solid Waste Management And DisposalYes100%
Water conservation /Rain water harvestingYes100%
Energy managemcntYes100%
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceYes100%
Open ParkingYes100%

Parking filed380

Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.

Total parking slots380
Closed/Covered380
BuildingClosed/CoveredTotal
A35656
A45656
A55656
A65656
A75252
A85252
A95252

Land and ownership

MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area13,687 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI24636.35
Proposed, not sanctioned24,636 sq m
Buildings approved7
Buildings sanctioned7

Project account and cost

70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.

Separate project accountDeclared
Bank branchKP Housing Society, General Thimayya Road, East Street, Pune - 411001

Certifying professionals and partners3

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectAr Anil Madhusudan Kulkarni
EngineerSuneel Kulkarni
Chartered AccountantSupriya Abhijit Mundada
PartnerRole in project
Pegasus Properties Pvt. Ltd.-

Litigation declared1

CaseCourtStatus
691/2022Civil Judge Senior Division PunePending

Complaints filed with MahaRERA

No complaints on record against this registration.

The permission chain

The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 7 Oct 2023
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 23 Nov 2018
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 9 Jul 2019
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 9 Jul 2019Confirm the Commencement Certificate covers the specific floor you are buying.
  5. Occupancy CertificateOn the file

    The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.

    uploaded 3 Jul 2024

Documents filed100

As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 100 are shown. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: M_Saffron - A3 to A9.pdf17 Oct 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: 231027_OC_A4.pdf3 Jul 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: 221221_OC_A5 to A9.pdf3 Jul 2024
Architect’s Certificate on Completion of Project (Form 4)File: 240610_Form 4.pdf3 Jul 2024
Other - TechnicalFile: 240620_Declaration regarding OC.pdf20 Jun 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: 240531_OC_A3.pdf1 Jun 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf20 Apr 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf20 Apr 2024
Form 2AFile: 5_Form 2A.pdf20 Apr 2024
Disclosure of sold/ booked inventoryFile: M_Saffron A3 to A9_compressed.pdf20 Apr 2024
Certificates of CA (Form 3)File: 3_CA Certificate.pdf20 Apr 2024
Home Buyer /Allottee Grievance Redressal CellFile: 240302_Decl about Grievance Redressal Cell.pdf8 Mar 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf17 Jan 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf17 Jan 2024
Disclosure of sold/ booked inventoryFile: 5_Disclosure of sold inventory_compressed.pdf17 Jan 2024
Certificates of CA (Form 3)File: 3_CA Certificate_compressed.pdf17 Jan 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf19 Oct 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf19 Oct 2023
Disclosure of sold/ booked inventoryFile: M_Saffron A3 to A9.pdf19 Oct 2023
Certificates of CA (Form 3)File: 3_CA Certificate.pdf19 Oct 2023
Copy of the legal title reportFile: 2_Legal Title Report_5.pdf7 Oct 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: 27_M_Saffron-A3-A9.pdf30 Sep 2023
Details of encumbrances concerned to FinanceFile: 230822_Encumbrance Certificate _Legal.pdf23 Aug 2023
Details of encumbrances concerned to FinanceFile: 230822_Encumbrances Certificate_Finance.pdf23 Aug 2023
Details of encumbrances concerned to LegalFile: 230822_Encumbrance Certificate _Legal.pdf23 Aug 2023
Details of encumbrances concerned to LegalFile: 230822_Encumbrances Certificate_Finance.pdf23 Aug 2023
Declaration in FORM BFile: 230822_Form B.pdf23 Aug 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf20 Jul 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf20 Jul 2023
Disclosure of sold/ booked inventoryFile: M_Saffron A3 to A9.pdf20 Jul 2023
Certificates of CA (Form 3)File: 3_CA Certificate.pdf20 Jul 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: 5_Form 2A.pdf24 Apr 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf20 Apr 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf20 Apr 2023
Disclosure of sold/ booked inventoryFile: M_Saffron A3 to A9_2.pdf20 Apr 2023
Certificates of CA (Form 3)File: 3_CA Certificate_compressed.pdf20 Apr 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf21 Jan 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf21 Jan 2023
Certificates of CA (Form 3)File: 3_CA Certificate.pdf21 Jan 2023
Disclosure of sold/ booked inventoryFile: M_Saffron A3 to A9.pdf20 Jan 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: 1 Annual Audit Report of Statutory CA (Form 5) (1).pdf18 Jan 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf17 Jan 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf17 Jan 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf17 Jan 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf17 Jan 2023
Certificates of CA (Form 3)File: 3_CA Certificate_1.pdf17 Jan 2023
Certificates of CA (Form 3)File: 3_CA Certificate_2.pdf17 Jan 2023
Disclosure of sold/ booked inventoryFile: M_Saffron A3 to A9.pdf19 Oct 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: 27_M_Saffron-A3-A9.pdf3 Oct 2022
Disclosure of sold/ booked inventoryFile: M_Saffron A3 to A9_Disclosure of Sold Inventory.pdf21 Jul 2022
Form 2AFile: 5_Form 2A_Quality Certificate.pdf13 Apr 2022
Disclosure of sold/ booked inventoryFile: Megapolis Saffron A3 to A9_compressed.pdf13 Apr 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate_compressed.pdf7 Apr 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate_compressed.pdf7 Apr 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf7 Apr 2022
Certificates of CA (Form 3)File: 3_CA Certificate_compressed.pdf7 Apr 2022
Disclosure of sold/ booked inventoryFile: 220125_Megapolis Saffron A3 to A9_Disclosure of Sold Inventory.pdf24 Feb 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf22 Jan 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf22 Jan 2022
Certificates of CA (Form 3)File: Saffron A3 to A9-Dec 21_compressed.pdf22 Jan 2022
Disclosure of sold/ booked inventoryFile: Megapolis Saffron A3 to A9_Disclosure of Sold Inventory.pdf29 Oct 2021
Declaration about Commencement CertificateFile: 23_Megapolis Saffron - A3 to A9.pdf7 Oct 2021
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate.pdf7 Oct 2021
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf7 Oct 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: 5_Saffron - A3 to A9_Form 2A.pdf7 Oct 2021
Certificates of CA (Form 3)File: 3_CA Certificate_compressed.pdf7 Oct 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Saffron - A3 to A9.pdf7 Oct 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: 27_Megapolis Saffron - A3 to A9_compressed.pdf21 Dec 2020
Copy of the legal title reportFile: 200804_Continuation Title Opinion.pdf6 Aug 2020
Form 2AFile: 5_Quallity_Form 2A.pdf18 Feb 2020
Declaration in FORM BFile: 3_191224_Saffron - A3 to A9_Form B.pdf24 Dec 2019
Annual Audit Report of Statutory CA (Form 5)File: 3_190928_Form 5_Annual Audit Report_compressed.pdf28 Sep 2019
Form 2AFile: 5_Saffron - A3 to A9_Form 2A.pdf20 Jul 2019
Building plan approvalFile: 13_Building Plan_A3.pdf9 Jul 2019
Building plan approvalFile: 13_Building Plan_A4 and A6.pdf9 Jul 2019
Building plan approvalFile: 13_Building Plan_A5.pdf9 Jul 2019
Building plan approvalFile: 13_Building Plan_A7 and A9.pdf9 Jul 2019
Building plan approvalFile: 13_Building Plan_A8.pdf9 Jul 2019
Building Plan Approval (IOD)File: 13_Building Plan_A3.pdf9 Jul 2019
Building Plan Approval (IOD)File: 13_Building Plan_A4 and A6.pdf9 Jul 2019

Promoter's earlier projects13

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

10 delivered on promise3 delivered late
ProjectLocationFlatsStatusPromisedDelivered
Megapolis Saffron - ShopsHinjewadi33CompletedDec 2024Apr 2024
Megapolis Saffron -A3 to A9Hinjewadi380CompletedJun 2024May 2024
Megapolis Springs - AHinjewadi52CompletedMar 2024Oct 2023
Megapolis Springs - B and FHinjewadi156CompletedMar 2023Nov 2022
Megapolis Springs - CHinjewadi52CompletedMay 2022Sep 2021
Megapolis springs - D and EHinjewadi156CompletedApr 2022Sep 2021
Megapolis Symphony Phase IHinjewadi294CompletedJan 2022Sep 2020
Megapolis Mystic Phase IIHinjewadi214CompletedMar 2020Jun 2019
Megapolis Mystic - CHinjewadi86CompletedDec 2019Nov 2019
SangriaHinjewadi1,075CompletedOct 2015Feb 2015
SplendorHinjewadi1,176CompletedMar 2015Late, Nov 2015
SunwayHinjewadi1,176CompletedJul 2013Late, May 2014
SparkletHinjewadi1,184CompletedMar 2013Late, Apr 2013

How this compares with Pune

26%of Pune projects moved their completion datethis one has not
26%of Pune registrations have lapsed or been cancelledthis one is completed

Computed across the 13,700+ Pune projects on ReraGenie, from their own filings.

Free monthly report: Pune on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.

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How alerts work

Other projects near Rajiv Gandhi Infotech Park, Phase 313,700+ in Pune

2 kmMegapolis Saffron - A3 tCompleted 29Lapsed / revoked 11Other 18Dot size: filed unitsN

Filed coordinates, straight-line distance. 58 registered projects within 2 km.

Builder: Pegasus Properties Pvt. Ltd.

Pegasus Properties Pvt. Ltd. has 17 registrations on MahaRERA, including Megapolis Symphony Phase I and Megapolis Mystic Phase 2. Its filings disclose 13 earlier MahaRERA projects: declares 10 of 13 past projects completed on time. Litigation is declared on 4 of its registrations. Read the full track record. See more projects on the Pune district page.

Frequently asked questions

What are my rights if Megapolis Saffron - A3 to A9 is delayed beyond 30 Jun 2024?

Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.

How do I verify and contact the developer of Megapolis Saffron - A3 to A9?

The registered promoter entity is Pegasus Properties Pvt. Ltd., a company as per the filing. Its CIN U70102PN2007FTC129540 can be cross-checked on the MCA and GST portals. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.

Is my payment protected in Megapolis Saffron - A3 to A9?

Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.

How current is the construction progress shown for Megapolis Saffron - A3 to A9?

Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.

Who certifies construction progress at Megapolis Saffron - A3 to A9?

The professionals named in the filing: Architect: Ar Anil Madhusudan Kulkarni; Engineer: Suneel Kulkarni; Chartered Accountant: Supriya Abhijit Mundada. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.

What should I check before booking in Megapolis Saffron - A3 to A9?

Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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Studying this micro-market rather than buying a flat? The developer project analysis, Rs 2,999, maps every registration within 5 km from filed coordinates, reads what this market absorbs, prices the parcel and takes the promoter's whole book apart. See a complete sample.

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