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The Midas Residences Phase 5
RG-MH-83206 · RERA PR1264042601471 · Last updated on MahaRERA portal: 30 Jul 2026
Source: official MahaRERA filing
Red flags
- Litigation declared, 1 case
- Allotment letter deviates from the model form
Clear
- No complaints on record
- Completion date never moved
- No encumbrance on the project land
- Separate project account declared
Buyer report
Built from this project's filings on the day you order, in plain language.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 4 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 5 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
Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
The Midas Residences Phase 5 is a Residential / Group Housing project by SELENITE PROPERTIES PRIVATE LIMITED in Pune, Maharashtra, registered with MahaRERA as PR1264042601471 on 7 Aug 2026. Possession is promised by 30 Jun 2030.
At a glance
Project
- NameThe Midas Residences Phase 5
- TypeResidential / Group Housing
- Location
- BALEWADI
- Haveli
- Pune
- 411045
- Pincode411045
- MapView location on Google Maps (as filed on RERA)
- RERA no.PR1264042601471
- ReraGenie IDRG-MH-83206
Builder
- NameSELENITE PROPERTIES PRIVATE LIMITED
- Entity typeCompany
- CINU45500PN2022PTC210487
- GSTIN27ABICS3094A1ZE
- Track record4 past projects →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on7 Aug 2026
- Promised completion30 Jun 2030
- Revised completionNone
- Buildings1 building record
- Documents filed5 files
Current status
Figures as on 30 Jul 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Building A | NA | 6 | 1 | 2 | 0 | 2 |
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 30 Jul 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing.
Building A: 0% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 0% |
| 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 30 Jul 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing.
| Common facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | 0% |
| Water Supply | No | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | No | 0% |
| Storm Water Drains | No | 0% |
| Landscaping & Tree Planting | No | 0% |
| Street Lighting | No | 0% |
| Community Buildings | No | 0% |
| Treatment And Disposal Of Sewage And Sullage Water | No | 0% |
| Solid Waste Management And Disposal | No | 0% |
| Water conservation /Rain water harvesting | No | 0% |
| Energy managemcnt | No | 0% |
| Fire protection and fire safety requirements | No | 0% |
| Electrical meter room, sub-station, receiving station | No | 0% |
| Aggregate area of recreational Open Space | No | 0% |
| Open Parking | No | Not applicable |
Parking filed3
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.
| Landowner | Village | District |
|---|---|---|
| Kalidas Dashrath Balwadkar | - | Pune |
| Vilas Dashrath Balwadkar | - | Pune |
| Prakash Dashrath Balwadkar | - | Pune |
| Dashrath Kondiba Balwadkar | - | Pune |
| Jalindar Yadav Balwadkar | - | Pune |
| Vaijayanta Jalindar Balwadkar | - | Pune |
| Narendra Jalinder Balwadkar | - | Pune |
| Harshali Dinesh Mathwad | - | Pune |
| Varsha Milind Jambhulkar | - | Pune |
| Savitri Nandkumar Balwadkar | - | Pune |
| Ganesh Nandakumar Balwadkar | - | Pune |
| Dnyaneshwar Nandkumar Balwadkar | - | Pune |
| Sapna Dnyaneshwar Balwadkar | - | Pune |
| Prachi Ganesh Balwadkar | - | Pune |
| Swati Pradeep Tidake | - | Pune |
| Shakuntala Motilal kawade | - | Pune |
| Pandit Motilal Kawade | - | Pune |
| Swati Pandit Kawade | - | Pune |
| Kunal Pandit Kawade | - | Pune |
| Durwang Pandit Kawade | - | Pune |
| Sunil Motilal Kawade | - | Pune |
| Reshma Sunil Kawade | - | Pune |
| Shrirang Raghu Kawade | - | Pune |
| Kaushalya Ganesh Kawade | - | Pune |
| Shilpa Ganesh Kawade | - | Pune |
| Rajendra Raghu Kawade | - | Pune |
| Alka Rajendra Kawade | - | Pune |
| Ashish Rajendra Kawade | - | Pune |
| Priyanka Ashish Kawade | - | Pune |
| Aasha Janardan Kawade | - | Pune |
| Uddhav Janardan Kawade | - | Pune |
| Supriya Uddhav Kawade | - | Pune |
| Anup Uddhav Kawade | - | Pune |
| Janardan Raghu Kawade | - | Pune |
| Ganesh Shrirang Kawade | - | 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.
Certifying professionals and partners4
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 | Ravi Rawal |
| Chartered Accountant | Bansal Garg and associates |
| Chartered Accountant | R Devendra kumar & Associates |
| Partner | Role in project |
|---|---|
| SELENITE PROPERTIES PRIVATE LIMITED | - |
Litigation declared1
| Case | Court | Status |
|---|---|---|
| Reh. C.A. no. 756/2016/2020 | Hon'ble District COurt, Pune | Ongoing |
Complaints filed with MahaRERA
No complaints on record against this registration.
Documents filed5
As listed on the registration. The files themselves are on the MahaRERA portal.
| Document | Uploaded |
|---|---|
| 00 Page 1 Layout | 30 Jul 2026 |
| 01 Page 2 Parking Layout | 30 Jul 2026 |
| 02 Page 3 Parking Layout | 30 Jul 2026 |
| 03 Page 4 Wing A 1st Floor parking Highlighted | 30 Jul 2026 |
| Declaration cum undertaking order 50 | 30 Jul 2026 |
Promoter's earlier projects4
As disclosed by the promoter in this filing.
| Project | Status | Promised | Delivered | Litigation |
|---|---|---|---|---|
| The Midas Residences Phase 4 | Ongoing | Jun 2030 | Not delivered | No |
| The Midas Residences Phase 3 | Ongoing | Dec 2029 | Not delivered | No |
| The Midas Residences Phase 2 | Ongoing | Dec 2029 | Not delivered | No |
| The Midas Residences Phase 1 | Ongoing | Jun 2029 | Not delivered | No |
How this compares with Pune
Computed across the 13,635 Pune projects on ReraGenie, from their own filings.
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Builder: SELENITE PROPERTIES PRIVATE LIMITED
SELENITE PROPERTIES PRIVATE LIMITED has 5 registrations on MahaRERA, including The Midas Residences Phase 1 and The Midas Residences Phase 2. Its filings disclose 4 earlier MahaRERA projects, none completed yet. 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 The Midas Residences Phase 5 is delayed beyond 30 Jun 2030?
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 5?
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 5?
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 5?
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 5?
The professionals named in the filing: Architect: Mitesh Sidhpura & Associates; Engineer: Ravi Rawal; Chartered Accountant: Bansal Garg and associates; Chartered Accountant: R Devendra kumar & 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 5?
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; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.
Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on MahaRERA, and we read every report.
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