Godrej Elaris
Mundhwa, Pune
Starting Price
₹1.73 Cr
Possession
May 2032
Status
Under Construction
Configurations
On request
About Godrej Elaris
Godrej Elaris is a residential development by Godrej Properties in Mundhwa, on the Magarpatta side of east Pune. It is marketed against the Magarpatta name, but the site itself sits in the Somnath Nagar pocket of Mundhwa — adjacent to Magarpatta rather than inside it, which is worth knowing before you compare prices with addresses actually within Magarpatta City. The pitch is space and greenery at a premium price point: a large clubhouse, a landscaped forest zone held back from construction, and configurations that run from 2 BHK up to 4 BHK in a single development. That range is unusual and useful — it means a buyer can move between configurations without leaving the location, and it tends to produce a more mixed resident profile than a single-configuration tower. What decides the purchase here is the unit, not the project. Across six to eight towers and floors running into the high twenties, two flats of the same configuration can differ materially in outlook, light and price. That comparison is the part we do with you.
Available Inventory
Amenities
- Clubhouse
- Swimming pool
- Kids' pool
- Gymnasium
- Yoga and meditation deck
- Spa
- Sauna
- Badminton court
- Squash court
- Jogging and cycling track
- Children's play areas
- Senior citizens' lounge
- Landscaped forest zone
- Themed gardens
- Pet park
- Celebration lawn
- Mini theatre
- Co-working spaces
- Guest suites
- Power backup
- Treated water supply
- Rainwater harvesting
- Sewage treatment plant
- Solar lighting
- CCTV surveillance
- Fire fighting systems
Location & Connectivity
- Magarpatta City
- Adjacent; the project sits on the Mundhwa side of it
- Kharadi IT corridor
- Reachable via Mundhwa Road; time varies sharply with peak traffic
- Hadapsar
- Short drive south via Magarpatta
- Koregaon Park
- Reachable via Mundhwa Road
- Pune Airport
- Approximately 17 minutes by road, traffic dependent
Nearby Landmarks
- Seasons Mall, Magarpatta
- Approximately 3 minutes
- Magarpatta IT offices
- Includes Amdocs, SAP and other occupiers in the adjacent business district
- Amanora Town Centre
- Alternative mall and multiplex nearby in Hadapsar
- Schools and hospitals
- Served by the established Magarpatta and Hadapsar social infrastructure
Payment Plan
20:20:30:20:10
An Honest Look
What works
- Adjacent to Magarpatta, so the surrounding social infrastructure is already built rather than promised
- 2, 3 and 4 BHK in one development, which is rare at this price point and gives you room to move configuration without changing location
- Large clubhouse and a landscaped zone kept free of construction
- Established east Pune employment catchment across Magarpatta, Hadapsar and Kharadi
- Godrej Properties has a delivery record in Pune you can check rather than take on trust
What to check
- Possession is May 2032. That is a long horizon, and it should shape how you think about payment plan and interim housing.
- Marketed on the Magarpatta name, but the address is Mundhwa. Compare it against genuinely Magarpatta-addressed projects before deciding what the location premium is worth.
- Sources disagree on scale — between six and eight towers, and between roughly 300 and 1,000 units. Ask which phase and which RERA registration you are buying into.
- Mundhwa Road congestion at peak hours is the standing complaint about this corridor. Drive the commute at the time you would actually make it.
- Entry price here is high for east Pune. Sale value and rental income depend on the market, the micro-location and what you pay to get in. Neither is guaranteed.
RERA Registration
Godrej Elaris — Questions Buyers Ask
Is Godrej Elaris in Magarpatta or Mundhwa?
The address is Mundhwa, in the Somnath Nagar pocket, immediately adjacent to Magarpatta. It is marketed under the Magarpatta name. The distinction matters when you are comparing prices, so we would rather tell you plainly than let a brochure decide it.
What configurations and sizes are available?
2, 3 and 4 BHK. Published carpet areas run from about 915 sq ft for the 2 BHK to about 1,934 sq ft for the 4 BHK, with two 3 BHK sizes in between. Ask us for the current price sheet, since builder pricing moves between phases.
When is possession?
May 2032, consistently stated by the developer and by the listing portals. Confirm the committed date on your agreement before you book.
How does it compare with Kharadi at the same budget?
Different trade. Magarpatta and Hadapsar infrastructure is more settled than parts of Kharadi, while Kharadi has the larger IT catchment. Which is better depends on where you work and what you want the property to do for you. We will run the comparison on your actual numbers.
Is this a good investment?
That depends on your entry price, your holding period and the unit you get, and no honest answer to that question comes without those inputs. We can show you comparable transactions and rentals in the micro-market and let you judge. We do not forecast returns.