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Pre Launch

Godrej Elaris Retail

Retail SpaceinMagarpatta, Pune

Starting Price6.85 Cr

PossessionDec 2027

Project Overview

P7F139A4

Standard

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

Design Excellence
Architecture & Design
The project's focus on visibility and strong footfall aligns perfectly with current market trends in Pune's retail sector.
Location Strength
Location Strength
Its proximity to a significant residential and professional demographic ensures sustained patronage.
Developer Credibility
Developer Trust
The early-phase pre-launch pricing creates a unique opportunity for investors looking for growth potential.
Long-Term Relevance
Long-term Value
The design allows for customization, appealing to diverse retail business models.

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.

Other Information

Frontage: Yes
Ground Floor: Yes

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Curation observations are compiled using dynamic AI analysis. Provided for guidance and informational reference only.

Location

Somnath Nagar, Magarpatta, Pune, 411036

Pune Magarpatta

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Nearby Locations (47)

Straight-line distances include 0.5 km from Hadapser Railway Station, 0.7 km from Seasons Mall, 1 km from The Hdfc School, and 1 km from Amanora Mall.

* Distances are indicative and calculated as straight-line distance. Actual travel distance may vary.

Location Insights

About Magarpatta

Magarpatta, a well-planned township located in Pune, embodies a perfect blend of modern living and vibrant community life. It is characterized by its meticulously designed infrastructure, lush green spaces, and a strong emphasis on sustainability. The neighborhood is renowned for its peaceful ambiance, making it an attractive option for families and professionals alike. The lifestyle here is dynamic, with a plethora of recreational options, cultural events, and a close-knit community feel that fosters social interactions among residents. Connectivity is one of Magarpatta's standout features. The area boasts excellent access to major roads and highways, facilitating smooth commutes to key employment hubs. With four connectivity hubs within a 10 km radius, residents benefit from seamless travel to the Pune metropolitan area. Public transport options are robust, ensuring that commuting to work or leisure destinations is convenient and efficient. The neighborhood is well-equipped with essential amenities, including 19 schools and 12 hospitals within a 10 km radius, ensuring that families have access to quality education and healthcare. Shopping and entertainment are equally catered for, with seven shopping malls situated nearby, providing a diverse range of retail and dining experiences. In terms of growth potential, Magarpatta is witnessing significant development, with ongoing projects and investments promising to enhance property values in the coming years. The presence of IT companies and industries within the vicinity further supports economic stability, making it an ideal location for residential buyers looking for long-term appreciation. The local culture in Magarpatta is enriched by its diverse population, creating a vibrant tapestry of traditions and lifestyles. Residents enjoy a sense of belonging, with community events and festivals fostering a strong neighborhood spirit. Overall, Magarpatta offers a compelling residential option for those seeking a balanced lifestyle, excellent amenities, and promising growth in Pune’s real estate market.

Why Invest in Pune

Pune has emerged as a prominent investment destination, particularly appealing for prospective buyers considering properties such as Godrej Elaris Retail in Magarpatta. The city’s robust economic growth is primarily driven by its thriving IT, manufacturing, and services sectors, with IT contributing approximately 70% to the city's GDP. Companies like Infosys, Wipro, and Tata Technologies have established significant operations here, providing ample job opportunities and enhancing the overall economic landscape. Infrastructure development in Pune is noteworthy, with ongoing projects such as the Pune Metro, which is expected to enhance connectivity and reduce travel time significantly. The Pune International Airport’s expansion is also set to facilitate increased passenger traffic, further driving demand for real estate. The city’s strategic location, with access to key highways like the Mumbai-Pune Expressway, makes it a pivotal hub for businesses and commuters alike. In terms of real estate market trends, Pune has shown resilience and consistent appreciation, with property prices in some areas experiencing growth rates of 6-8% annually. The rental yield potential for residential properties typically ranges between 2.5-3.5%, making it attractive for investors seeking steady cash flow and long-term capital appreciation. With upcoming projects and infrastructure improvements, the expectation for future appreciation remains strong. Government initiatives, including the Smart City Mission and numerous infrastructure projects, have further enhanced Pune's attractiveness as a real estate investment destination. Compared to other major cities like Mumbai and Bengaluru, Pune offers relatively affordable property options and lower entry costs, making it an appealing choice for both new and seasoned investors. As such, investing in Godrej Elaris Retail presents a promising opportunity in a dynamic and growing market.

AI-powered insights are data-driven. Market conditions may vary.

Frequently Asked Questions

What configurations are available in Godrej Elaris Retail in Magarpatta?

Godrej Elaris Retail in Magarpatta, Pune offers premium commercial configurations. These spaces are designed to maximize business footprint, offering high visibility, flexible layouts, and excellent utilities for retail or office establishments.

Is Godrej Elaris Retail a premium commercial project?

Yes, Godrej Elaris Retail is a state-of-the-art commercial project in Magarpatta, Pune. It features premium commercial spaces, high-quality finishes, and modern amenities matching global business standards.

Who is the builder of Godrej Elaris Retail 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.

What is the price of commercial spaces in Godrej Elaris Retail Magarpatta?

The price for commercial spaces in Godrej Elaris Retail in Magarpatta, Pune starts from ₹6.85 Cr - ₹12.67 Cr. For detailed pricing, payment plans, and brochures, please connect with 3 Works.

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Amenities & Facilities

14 amenities

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Calculators

Select Configuration

Property Price₹6.85Cr

₹3.42Cr₹6.85Cr₹7.54Cr

Down Payment20% (₹1.37Cr)

10%50%

Interest Rate (p.a.)8.5%

6.5%12%

Loan Tenure20 years

5 years30 years

Monthly EMI₹4.76L

Principal: ₹5.48Cr
Interest: ₹5.93Cr
Total Amount Payable: ₹11.41Cr

*EMI calculation is indicative. Actual values may vary based on lender terms.

Property Price₹6.85Cr

₹3.42Cr₹6.85Cr₹7.54Cr

Expected Monthly Rent₹50,000

₹10,000₹5.00L

Annual Maintenance (% of rent)1%

0%5%

Property Tax (% of property value)0.5%

0%2%

Rental Yield0.37%

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 1897

Established 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