Godrej Elaris Retail
Retail SpaceinMagarpatta, Pune
Project Overview
P7F139A4
Godrej Elaris Retail is a commercial project in Magarpatta, Pune by Godrej Properties. It is spread over 3 acres with 1 tower and offers Retail Space starting at ₹6.85 Cr. Possession is expected Dec 2027. RERA registration number PM1260002501385.
- Property Type
- Commercial Project
- Possession
- Dec 2027
- Total Units
- 78units
- Furnishing
- Bare Shell
- Total Floors
- 2floors
- Towers
- 1tower
- Land Area
- 3acres
Available Configurations
2 configurations₹6.85 Cr to ₹12.67 Cr
Retail Space
Best Value- Carpet Area
- 1,166sq ft
- Price
- 6.85Cr
Retail Space
Spacious- Carpet Area
- 2,155sq ft
- Price
- 12.67Cr
About Godrej Elaris Retail
Launching East Landmark at Godrej Elaris, Magarpatta–Mundhwa
Premium High Street Retail Shops are designed for maximum visibility & strong footfalls.
Why Invest Eastmark At Godrej Elaris?
* Pune is India’s 4th largest retail market
* 35,000+ residents & 65,000+ professionals right next to Launched Retail “Eastmark”
* Best location with high visibility
* Early phase pre-launch pricing
* Ideal for both self-use & investment
- Architecture & Design
Design Excellence
The project’s focus on visibility and foot traffic positions it as a standout choice in a competitive retail landscape.
- Location Strength
Location Strength
Situated in an established area, it benefits from existing infrastructure and a vibrant community, bolstering retail success.
- Developer Trust
Developer Credibility
Godrej Properties brings a legacy of trust and innovation, ensuring quality delivery and satisfaction.
- Long-term Value
Long-Term Relevance
The strategic location and robust residential and professional demographics promise sustained demand for retail spaces.
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.
Other Information
- Frontage
Yes
- Ground Floor
Yes
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Gallery
2 photosAmenities & Facilities
14 amenitiesFrequently Asked Questions
Where is Godrej Elaris Retail located?
Godrej Elaris Retail is at Somnath Nagar, Magarpatta, Pune, 411036.
What configurations are available in Godrej Elaris Retail in Magarpatta?
Godrej Elaris Retail in Magarpatta, Pune offers Retail Space.
What is the price of Godrej Elaris Retail in Magarpatta?
Godrej Elaris Retail in Magarpatta, Pune is priced from ₹6.85 Cr to ₹12.67 Cr.
When is possession for Godrej Elaris Retail?
Possession at Godrej Elaris Retail is Dec 2027.
Is Godrej Elaris Retail a new launch in Magarpatta?
Yes. Godrej Elaris Retail in Magarpatta, Pune is a new launch.
Who is the builder of Godrej Elaris Retail in Magarpatta, and what is its RERA number?
Godrej Elaris Retail is a project by Godrej Properties in Magarpatta, Pune. The RERA registration number is PM1260002501385.
Downloads
Calculators
- Principal
- ₹5.48Cr
- Interest
- ₹5.93Cr
- Total Amount Payable
- ₹11.41Cr
*EMI calculation is indicative. Actual values may vary based on lender terms.
- Gross Annual Rent
- ₹6.00L
- Net Annual Rent
- ₹2.52L
- Maintenance Cost
- ₹6,000
- Property Tax
- ₹3.42L
- Total ROI (Yield + Appreciation)
- 6.37%
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 12 Oct 2026
