Home / Browse projects / Pune, Maharashtra / The Midas Residences Phase 2
The Midas Residences Phase 2
By SELENITE PROPERTIES PRIVATE LIMITED
RG-MH-81900 · RERA P52100050257 · Last updated on MahaRERA portal: 6 May 2026
Source: official MahaRERA filing
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Red flags
- Litigation declared, 1 case
- Completion date moved by 18 months
- 1 extension taken
Clear
- No complaints on record
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
3 conditions are on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.
See what the report covers Free either way: or have every new Pune registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
The Midas Residences Phase 2 is a Others project by SELENITE PROPERTIES PRIVATE LIMITED in Pune, Maharashtra, registered with MahaRERA as P52100050257 on 27 Mar 2023. Possession is promised by 31 Dec 2029. The completion date has moved by 18 months from the original filing. 71 of the 98 units on this registration are recorded sold or booked, and 0 of 11 construction stages are filed complete.
At a glance
Project
- NameThe Midas Residences Phase 2
- TypeOthers
- Location
- BALEWADI
- Haveli
- Pune
- 411045
- Pincode411045
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100050257
- ReraGenie IDRG-MH-81900
Builder
- NameSELENITE PROPERTIES PRIVATE LIMITED
- Entity typeCompany
- CINU45500PN2022PTC210487
- GSTIN27ABICS3094A1ZE
- CIN and GSTIN are from this promoter's other MahaRERA registrations. This project's own filing does not repeat them.
- DirectorROHIT GHANSHYAM GUPTA
- Other registrations5 more →
- Declared earlier projects6 →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on27 Mar 2023
- Promised completion31 Dec 2029
- Revised completionRevised to 31 Dec 2029 (originally 30 Jun 2028)
- Buildings1 building record
- Documents filed148 files
Current status
Figures as on 6 May 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| BUILDING A5 | NA | 33 | 25 | 98 | 0 | 98 |
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 building1
As on 6 May 2026, 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.
0 of 11 construction stages are filed complete. The stage furthest along is Excavation, at 90%.
BUILDING A5: 8% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 90% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| 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. | 0% |
Progress on shared amenities15
As on 6 May 2026, 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | Yes | 0% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | Yes | 0% |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | Yes | 0% |
Parking filed127
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.
Land and ownership35
MahaRERA does not publish landowner contact details. Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.
| Landowner | Village | District |
|---|---|---|
| Kalidas Dashrath Balwadkar | LOHGAON | Pune |
| Vilas Dashrath Balwadkar | LOHGAON | Pune |
| Prakash Dashrath Balwadkar | LOHGAON | Pune |
| Dashrath Kondiba Balwadkar | LOHGAON | Pune |
| Jalindar Yadav Balwadkar | Balewadi | Pune |
| Vaijayanta Jalinder Balwadkar | Balewadi | Pune |
| Narendra Jalinder Balwadkar | Balewadi | Pune |
| Harshali Dinesh Mathwad | Balewadi | Pune |
| Varsha Milind Jambhulkar | Balewadi | Pune |
| Savitri Nandkumar Balwadkar | Balewadi | Pune |
| Ganesh Nandkumar Balwadkar | Balewadi | Pune |
| Dnyaneshwar Nandkumar Balwadkar | Balewadi | Pune |
| Sapna Dhyaneshwar Balwadkar | Balewadi | Pune |
| Prachi Ganesh Balwadkar | Balewadi | Pune |
| Swati Pradeep Tidake | Balewadi | Pune |
| Shakuntala Motilal Kawade | Pimpale Gurav | Pune |
| Pandit Motilal Kawade | Pimpale Gurav | Pune |
| Swati Pandit Kawade | Pimpale Gurav | Pune |
| Kunal Pandit Kawade | Pimpale Gurav | Pune |
| Durwang Pandit Kawade | Pimpale Gurav | Pune |
| Sunil Motilal Kawade | Pimpale Gurav | Pune |
| Reshma Sunil Kawade | Pimpale Gurav | Pune |
| Shriang Raghu Kawade | Pimpale Gurav | Pune |
| Kaushalya Ganesh Kawade | Pimpale Gurav | Pune |
| Ganesh Shrirang Kawade | Pimpale Gurav | Pune |
| Shilpa Ganesh Kawade | Pimpale Gurav | Pune |
| Rajendra Raghu Kawade | Pimpale Gurav | Pune |
| Alka Rajendra Kawade | Pimpale Gurav | Pune |
| Ashish Rajendra Kawade | Pimpale Gurav | Pune |
| Priyanka Ashish Kawade | Pimpale Gurav | Pune |
| Janardan Raghu Kawade | Pimpale Gurav | Pune |
| Aasha Janardan Kawade | Pimpale Gurav | Pune |
| Uddhav Janardan Kawade | Pimpale Gurav | Pune |
| Supriya Uddhav Kawade | Pimpale Gurav | Pune |
| Anup Uddhav Kawade | Pimpale Gurav | Pune |
Approvals and building plan
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| BUILDING A5 | NA | Rs 35.93 cr | Rs 17.55 cr |
| - | NA | Rs 1.24 cr | - |
Certifying professionals and partners6
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Mitesh Sidhpura & Associates |
| Engineer | Hemant Nimbalkar |
| Engineer | Ravi Raval |
| Chartered Accountant | Shruti Agarwal |
| Chartered Accountant | R Devendra kumar & Associates |
| Chartered Accountant | BANSAL GARG AND ASSOCIATES |
| Partner | Role in project |
|---|---|
| SELENITE PROPERTIES PRIVATE LIMITED | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterOur construction plans for the project were delayed due to some unforeseen circumstances, and as of now, no construction activities have been undertaken. However, we have now decided to resume the construction. As a result, it will take additional time to complete the project
Litigation declared1
| Case | Court | Status |
|---|---|---|
| 756/2016/2016 | District Court Pune | Amicable settlement has been taken place and said appeal has agreed to be withdrawn |
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.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 18 Feb 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 29 Aug 2025 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 19 Apr 2025 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 19 Apr 2025Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot due yet
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
possession is promised for 31 Dec 2029
Documents filed148
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 148 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.
| Document | Uploaded |
|---|---|
| Withdrawal Update Form 1File: Form 1 Midas Phase 2.pdf | 6 May 2026 |
| Withdrawal Update Form 2File: Form 2 Midas Phase 2.pdf | 6 May 2026 |
| Withdrawal Update Form 3File: Form 3 Midas Phase 2.pdf | 6 May 2026 |
| Withdrawal Update Form 1File: Form 1 Midas Phase 2.pdf | 20 Jan 2026 |
| Withdrawal Update Form 2File: Form 2 Midas Phase 2.pdf | 20 Jan 2026 |
| Withdrawal Update Form 3File: Form 3 Midas Phase 2.pdf | 20 Jan 2026 |
| Withdrawal Update Form 1File: Form 1_Phase 2_0001.pdf | 1 Dec 2025 |
| Withdrawal Update Form 1File: Form 1_Phase 2_0001.pdf | 1 Dec 2025 |
| Withdrawal Update Form 2File: Form 2_Phase 2_0001.pdf | 1 Dec 2025 |
| Withdrawal Update Form 2File: Form 2_Phase 2_0001.pdf | 1 Dec 2025 |
| Withdrawal Update Form 3File: Midas Q2 PH 2 CA Cert.pdf | 1 Dec 2025 |
| Withdrawal Update Form 3File: Midas Q2 PH 2 CA Cert.pdf | 1 Dec 2025 |
| Form 2A (FY 2024-2025)File: Form 2A_Phase 2 2025_0001.pdf | 1 Dec 2025 |
| Withdrawal Update Form 1File: Architect phase 2.pdf | 28 Oct 2025 |
| Withdrawal Update Form 2File: Engineer certificate phase 2.pdf | 28 Oct 2025 |
| Withdrawal Update Form 3File: CA Phase 2.pdf | 28 Oct 2025 |
| Layout approvalFile: Consents with declaration.pdf | 29 Aug 2025 |
| Form 2A (FY 2022-2023)File: 1 Engineers Certificate on Quality Assurance (Form 2A FY 2022-23) (2).pdf | 28 Aug 2025 |
| Form 2A (FY 2023-2024)File: 1 Engineers Certificate on Quality Assurance (Form 2A FY 2023-24) (2).pdf | 28 Aug 2025 |
| Form 5 (FY 2024-2025)File: selenite ph 2.pdf | 22 Jul 2025 |
| Form 5 (FY 2022-2023)File: Midas_FORM 5_Phase 2.pdf | 22 Jul 2025 |
| Form 1File: Arc Cert Ph 2.pdf | 21 Jul 2025 |
| Form 2File: Eng Cert Ph 2.pdf | 21 Jul 2025 |
| Form 3File: CA Cert Ph 2.pdf | 21 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold Ph 2.pdf | 21 Jul 2025 |
| Form 1File: Arc Cert Ph 2.pdf | 21 Jul 2025 |
| Form 2File: Eng Cert Ph 2.pdf | 21 Jul 2025 |
| Form 3File: CA Cert Ph 2.pdf | 21 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold Ph 2.pdf | 21 Jul 2025 |
| Form 1File: Arc Cert Ph 2.pdf | 21 Jul 2025 |
| Form 2File: Eng Cert Ph 2.pdf | 21 Jul 2025 |
| Form 3File: CA Cert Ph 2.pdf | 21 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold pHASE 2.pdf | 21 Jul 2025 |
| Form 1File: Arc Cert Ph 2.pdf | 21 Jul 2025 |
| Form 2File: Eng Cert Ph 2.pdf | 21 Jul 2025 |
| Form 3File: CA Cert Ph 2.pdf | 21 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold Ph 2.pdf | 21 Jul 2025 |
| Form 1File: Arc Cert Ph 2.pdf | 21 Jul 2025 |
| Form 2File: Eng Cert Ph 2.pdf | 21 Jul 2025 |
| Form 3File: CA Cert Ph 2.pdf | 21 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold Ph 2.pdf | 21 Jul 2025 |
| Form 1File: form 1 ph 2 midas.pdf | 21 Jul 2025 |
| Form 2File: form 2 ph 2 midas.pdf | 21 Jul 2025 |
| Form 3File: FORM 3 MIDAS PH 2.pdf | 21 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: midas ph 2 sold unsold.pdf | 21 Jul 2025 |
| Form 1File: Architect Ph 2.pdf | 21 Jul 2025 |
| Form 2File: Engi Ph 2 A5.pdf | 21 Jul 2025 |
| Form 3File: CA Cert Ph 2_compressed (1).pdf | 21 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold Ph 2.pdf | 21 Jul 2025 |
| Form 1File: Archi Ph 2.pdf | 21 Jul 2025 |
| Form 2File: Engi Ph 2.pdf | 21 Jul 2025 |
| Form 3File: CA PH 2.pdf | 21 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold Ph 2.pdf | 21 Jul 2025 |
| Withdrawal Update Form 1File: Architect phase 2.pdf | 21 Jul 2025 |
| Withdrawal Update Form 2File: Engineer certificate phase 2.pdf | 21 Jul 2025 |
| Withdrawal Update Form 3File: CA Certificate Phase 2.pdf | 21 Jul 2025 |
| Form 5 (FY 2023-2024)File: selenite ph 2.pdf | 15 Jul 2025 |
| Form 1File: Arc Ph 2.pdf | 9 Jun 2025 |
| Form 2File: Eng Ph 2.pdf | 9 Jun 2025 |
| Form 3File: CA Ph 2.pdf | 9 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold Ph 2.pdf | 9 Jun 2025 |
| Self-declaration of Quarterly ProgressFile: SELF DECLARATION Midas Ph 2.pdf | 9 Jun 2025 |
| Other - TechnicalFile: Pert CPM Chart.pdf | 28 Apr 2025 |
| Other - TechnicalFile: Pert CPM Chart.pdf | 28 Apr 2025 |
| Layout approvalFile: LAYOUT.pdf | 19 Apr 2025 |
| Building plan approvalFile: 10 A5.pdf | 19 Apr 2025 |
| Building plan approvalFile: 11 A5.pdf | 19 Apr 2025 |
| Building plan approvalFile: 2 PARKING.pdf | 19 Apr 2025 |
| Copy of Layout Approval (in case of layout)File: LAYOUT.pdf | 19 Apr 2025 |
| Commencement Certificates / NA Order for plotted developmentFile: CC.pdf | 19 Apr 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: 10 A5.pdf | 19 Apr 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: 11 A5.pdf | 19 Apr 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: 2 PARKING.pdf | 19 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Arc Ph 2.pdf | 14 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Ph 2.pdf | 14 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Eng Ph 2.pdf | 14 Apr 2025 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold Ph 2.pdf | 14 Apr 2025 |
| Declaration in FORM BFile: phase-2_0001.pdf | 11 Apr 2025 |
| Layout approvalFile: Layout Plan_compressed.pdf | 29 Jan 2025 |
| Copy of Layout Approval (in case of layout)File: Layout Plan_compressed.pdf | 29 Jan 2025 |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 3 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 5 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 148 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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- An email each time this filing moves: new sales, a moved possession date, an extension, a complaint, the occupancy certificate
- Plain words, conditions that have happened marked in red
- A summary of everything that changed when the 90 days end
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Filed coordinates, straight-line distance. 291 registered projects within 2 km.
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Builder: SELENITE PROPERTIES PRIVATE LIMITED
SELENITE PROPERTIES PRIVATE LIMITED has 6 registrations on MahaRERA, including The Midas Residences Phase 1 and The Midas Residences Phase 2. Its filings disclose 6 earlier MahaRERA projects, none completed yet. Litigation is declared on 5 of its registrations. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What are my rights if The Midas Residences Phase 2 is delayed beyond 31 Dec 2029?
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 The Midas Residences Phase 2?
The registered promoter entity is SELENITE PROPERTIES PRIVATE LIMITED, a company as per the filing. Its CIN U45500PN2022PTC210487 and GSTIN 27ABICS3094A1ZE 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 The Midas Residences Phase 2?
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 The Midas Residences Phase 2?
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 The Midas Residences Phase 2?
The professionals named in the filing: Architect: Mitesh Sidhpura & Associates; Engineer: Hemant Nimbalkar; Engineer: Ravi Raval; Chartered Accountant: Shruti Agarwal; Chartered Accountant: R Devendra kumar & Associates; Chartered Accountant: BANSAL GARG AND ASSOCIATES. 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 The Midas Residences Phase 2?
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; how the declared litigation on this registration affects your risk; why the completion date was revised and what the new timeline depends on. The Rs 499 buyer report works through all of them from the filings.
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