Godrej Elaris
2 BHK, 3 BHK, 3.5 BHK & moreinMagarpatta, Pune
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 project here 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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Gallery
4 photosVideo Tour
Amenities & Facilities
26 amenitiesFrequently Asked Questions
Where is Godrej Elaris located?
Godrej Elaris is at Somnath Nagar, Mundhwa Industrial Area, Magarpatta, Pune, 411036.
What configurations are available in Godrej Elaris in Magarpatta?
Godrej Elaris in Magarpatta, Pune offers 2, 3, 3.5 & 4 BHK.
What is the price of Godrej Elaris in Magarpatta?
Godrej Elaris in Magarpatta, Pune is priced from ₹1.69 Cr to ₹3.60 Cr.
When is possession for Godrej Elaris?
Possession at Godrej Elaris is Dec 2029.
Who is the builder of Godrej Elaris in Magarpatta, and what is its RERA number?
Godrej Elaris is a project by Godrej Properties in Magarpatta, Pune. The RERA registration number is PM1260002400007.
Quality Metrics
Air Quality
Environmental air quality index
- Good
Green Coverage
Green space percentage
- Good
Social Index
Social Infra Score
- Excellent
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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Get in Touch
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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 10 Oct 2026
