


Project Overview
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Godrej Elaris is a residential project in Magarpatta, Pune by Godrej Properties. It is spread over 6 acres with 4 towers and offers 2, 3, 3.5 & 4 BHK starting at ₹1.69 Cr. Possession is expected Dec 2029. RERA registration number PM1260002400007.
- Property Type
- Residential Project
- Possession
- Dec 2029
- Total Units
- 900units
- Furnishing
- Basic Finish
- Total Floors
- 32floors
- Towers
- 4towers
- Land Area
- 6acres
Available Configurations
4 configurations₹1.69 Cr to ₹3.6 Cr
2 BHK
Best Value- Carpet Area
- 915sq ft
- Price
- 1.69Cr
3 BHK
- Carpet Area
- 1,166sq ft
- Price
- 2.19Cr
3.5 BHK
- Carpet Area
- 1,450sq ft
- Price
- 2.69Cr
About Godrej Elaris
At Godrej Elaris, light takes center stage - shaping spaces, moods, and moments with effortless grace.
Designed around the idea of harmony and radiance, every home reflects a balance of nature and modern design. Set in Magarpatta-Mundhwa, Godrej Elaris marks the next chapter of East Pune’s growth story - with a 1-acre forest zone, 40+ lifestyle amenities, and a 30,000 sq. ft. clubhouse.
Godrej Elaris redefines refined living - where natural light, open spaces, and timeless elegance come together in a true Symphony of Lights.
Magarpatta-Mundhwa enjoys excellent connectivity via key routes like Kharadi Bypass, Magarpatta Rd & Pune–Solapur Highway (NH65) and to prime hubs like Koregaon Park, Kharadi and Hadapsar.
- Architecture & Design
Design Excellence
The project's vast array of amenities aligns with modern lifestyle trends, appealing to a diverse range of potential residents.
- Location Strength
Location Strength
The integration of extensive green spaces within the project underscores its commitment to sustainable living.
- Developer Trust
Developer Credibility
Located in a growing micro-market, Godrej Elaris offers significant potential for property appreciation in the medium term.
Curator's Approach to Luxury — We select projects based on architectural design excellence, location strength, developer reliability, and long-term relevance. Every property listed is already handpicked to ensure enduring value. Curation notes are synthesized using dynamic data models and AI to assist your overview; outputs are for guidance and reference only.
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Location Insights
AIAbout Magarpatta
Magarpatta, located in the vibrant city of Pune, presents an appealing neighborhood for prospective homebuyers, especially with offerings like Godrej Elaris. This area is characterized by a blend of modern urban living and green spaces, making it a desirable locale for families and professionals alike. The lifestyle here is enhanced by its well-planned infrastructure, which fosters a sense of community and connectivity. In terms of accessibility, Magarpatta is strategically situated with four major connectivity hubs within a 10 km radius, ensuring seamless travel to key areas in Pune. The well-maintained roads and public transport options, including buses and auto-rickshaws, further enhance mobility, making daily commutes to workplaces in the IT hubs of Pune convenient. The neighborhood boasts a rich array of amenities, with 19 schools, 12 hospitals, and 7 shopping malls all within 10 km. This makes Magarpatta an excellent choice for families seeking quality education and healthcare facilities. The nearby shopping malls and entertainment options provide residents with a vibrant lifestyle, offering everything from retail therapy to dining experiences. Magarpatta also has significant growth potential, driven by ongoing development projects and the increasing demand for residential properties. The upcoming infrastructure projects promise to enhance connectivity further, making it an attractive investment opportunity for buyers. Culturally, Magarpatta reflects Pune's cosmopolitan ethos, with a diverse community that celebrates various festivals and traditions, fostering a sense of belonging. The local parks and community events encourage interaction among residents, enhancing the neighborhood's family-friendly appeal. In summary, Magarpatta combines excellent connectivity, abundant amenities, and a strong community feel, making it a prime choice for residential buyers looking for a balanced lifestyle in Pune.
AI-powered insights are data-driven. Market conditions may vary.
Frequently Asked Questions
What configurations are available in Godrej Elaris in Magarpatta?
Godrej Elaris in Magarpatta, Pune offers premium 2, 3, 3.5 & 4 BHK configurations. The apartments are meticulously designed with modern layouts, efficient space utilization, and premium finishes.
What kind of project is Godrej Elaris in Magarpatta, Pune?
Godrej Elaris is a premium residential project in Magarpatta, Pune, offering modern apartments with excellent connectivity, top-tier amenities, and spacious layouts.
Who is the builder of Godrej Elaris Magarpatta, and what is its RERA number?
Godrej Elaris is a project by Godrej Properties in Magarpatta, Pune. The RERA registration number is PM1260002400007.
What is the price of apartments in Godrej Elaris Magarpatta?
The price for apartments in Godrej Elaris in Magarpatta, Pune starts from ₹1.69 Cr - ₹3.60 Cr. For detailed pricing, payment plans, and brochures, please connect with 3 Works.
Quality Metrics
Air Quality
Environmental air quality index
- Good
Green Coverage
Green space percentage
- Good
Social Index
Social Infra Score
- Excellent
Gallery
4 photosAmenities & Facilities
26 amenitiesVideo Tour
Downloads
Calculators
- Principal
- ₹1.35Cr
- Interest
- ₹1.46Cr
- Total Amount Payable
- ₹2.82Cr
*EMI calculation is indicative. Actual values may vary based on lender terms.
- Gross Annual Rent
- ₹6.00L
- Net Annual Rent
- ₹5.09L
- Maintenance Cost
- ₹6,000
- Property Tax
- ₹84,500
- Total ROI (Yield + Appreciation)
- 9.01%
vs. Average Pune Yield: 2.5-3.5%
*Rental yield calculation is indicative. Actual values may vary based on market conditions and property specifics.
NRI Investment Guide
NRI Eligibility
- NRIs and PIOs can purchase residential and commercial properties in India
- Agricultural land, plantation property, and farmhouses require RBI approval
- No restriction on number of properties you can own
- Foreign citizens of Indian origin (except Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal, Bhutan) are eligible
Home Loan Options
- Loan up to 80% of property value (₹75L-₹5Cr)
- Tenure: 5-30 years (max age at maturity: 70-75 years)
- Interest rates: 8.75% - 10.75% p.a. (2024-25 rates)
- Processing fee: 0.25% - 1% of loan amount
- Documents: Passport, visa, employment proof, 6-month bank statements, PAN card
- Repayment through NRE/NRO/FCNR accounts
Tax Benefits & Implications
- Home loan interest: Up to ₹2L deduction (Section 24b) + ₹1.5L extra (Section 80EEA for first-time buyers)
- Principal repayment: Up to ₹1.5L deduction under Section 80C
- Capital gains: LTCG 12.5% after 2 years (no indexation from FY 2024-25)
- TDS on sale: 20% for properties over ₹50L (file return to claim excess)
- Rental income: Taxable as per slabs; 30% standard deduction allowed
- DTAA benefits available with 100+ countries to avoid double taxation
Repatriation Benefits
- Sale proceeds from 2 residential properties can be repatriated
- Maximum limit: USD 1 million per financial year
- Rental income fully repatriable (after tax)
- No limit on bringing money into India for property purchase
- RBI approval not required for repatriation of sale proceeds
- Funds must be routed through NRE/NRO accounts
Investment Potential
- Pune: Average rental yield of 2.5-3.5% per annum
- Capital appreciation: 5-8% annually (varies by location)
- Property management services available for remote owners
- High demand for quality rental properties in metro cities
- Tax-efficient investment with multiple deductions available
Disclaimer: This information is for general guidance & indicative only and should not be considered as legal, tax, or financial advice. Rates, rules, and tax laws are subject to change. Interest rates, loan terms, and tax benefits vary by lender and individual circumstances. Please consult with qualified tax advisors, legal experts, and financial institutions for personalized advice before making any investment decisions.
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Developer Profile
Godrej PropertiesSince 1897Established in 1897, the Godrej Group has its roots in India's Independence and Swadeshi movement. Our founder, Ardeshir Godrej, a lawyer-turned-serial entrepreneur failed with a few ventures before he struck gold with a locks business. Today, we enjoy the patronage of 1.1 billion consumers globally across consumer goods, real estate, appliances, agriculture and many other businesses. In fact, our geographical footprint extends beyond Earth, with our engines now powering many of India's space missions. With a revenue of over USD 6 billion, we are growing fast, and have exciting, ambitious aspirations. But for us, it is most important that besides our strong financial performance and innovative, much-loved products, we remain a good company. Approximately 23 per cent of the promoter holding in the Godrej Group is held in trusts that invest in the environment, health and education. We are also bringing together our passion and purpose to make a difference through our Good & Green strategy of 'shared value' to create a more inclusive and greener India. At the heart of all of this is our people. We take much pride in fostering an inspiring workplace, with an agile and high-performance culture. We are also deeply committed to recognizing and valuing diversity across our teams.
Last updated 21 Aug 2026






