Things To Know About Megapolis Pegasus Properties Smart Homes 1, Pune

Hinjewadi in Pune is a bustling locality which houses a large information technology (IT) park, known as Rajiv Gandhi Infotech Park which is situated on the Katraj-Dehu Road Bypass. Being an IT hub, the locality is witnessing a growth in residential development. Megapolis Pegasus Properties Smart Homes 1, Pune is a beautiful residential property nestled in the heart of Hinjewadi.

PropGuide presents a review of the project:

The property

Launched in May 2006, the property sprawls over 150 acres and comprises a total of 1,184 ready-to-move-in apartments in 1 and 2 BHK configurations. The sizes of these elegantly designed housing units range from 600 sq ft to 1,305 sq ft. The project is situated in the vicinity of renowned IT organisations. The residential complex is thoughtfully planned with concrete cement internal roads and adorned with landscaped gardens. In addition, there is a gamut of contemporary amenities available for the residents to ensure pleasurable lifestyle. They include:

• A gymnasium
• A rainwater harvesting system
• A multipurpose room
• A swimming pool
• An intercom facility
• Healthcare facilities
• A jogging track
• A children's play area
• A tennis court
• A meditation centre

The configurations

The 1 BHK layout of the residences range from 600 sq ft, 2 BHK is available in 950 sq ft, 960 sq ft, 988 sq ft, 1,007 sq ft, 1,304 sq ft, whereas the 3 BHK layout is available in 1,305 sq ft.

The neighbourhood

Hinjewadi is situated in the west of Pune and serves as a one of the biggest industrial zones in the city. It also houses popular tourist spot such as Shaniwar Wada, Vishrambaug Wada and Aga Khan Palace. Several renowned IT conglomerates are located in this locality namely Cognizant, Wipro, TCS, Tech Mahindra, IBM and Infosys. Hinjewadi is segregated into multiple phases viz. 1, 2 and 3 and has been planned from Phase 4 onwards. Moreover, there is a 500-acre expansive state of the art Rajiv Gandhi Infotech Park that holds a cluster of IT/ITES and BPO Units.

The connectivity

Hinjewadi is a 25-minute drive from Pune, while the international airport is a three-hour drive. The Megapolis Pegasus Properties Smart Homes 1 project is in close proximity to the Pune railway station. Furthermore, there is smooth access to Mumbai via the six-lane Pune-Expressway as well as to Tathawade through Mumbai-Bangalore bypass.

The social infrastructure

Educational institutions: Symbiosis Infotech us, Mercedes Benz International School, Blue Ridge Public School and Symbiosis Institute of International Business

Health care centres: Sanjivani

Recreational centres: Snake Park, Saras Baug and Lonavala

The developer

Pegasus is a reputed real estate organisation which was established in 2008. It is a joint venture between Kumar properties, GIC, MIDC and Avinash Bhosale. The organisation is into development of modern townships across the city. Megapolis is the first venture undertaken by the organisation, which is developed on the outskirts of Pune. With an experience of around seven years, the project has led around seven residential projects at some prominent locations of the city.

Our rating

Parameters          Remarks

Project                  Very Good     

Price                      Good

Locality                 Excellent

Developer              Good

The price

The price rate for a 3 BHK is Rs 6,130 per sq ft, while the price for a 2 BHK ranges from Rs 5,060 per sq ft to Rs 6,288 per sq ft. ON the other hand, 1 BHKs are available for Rs 6,000-Rs 6,833 per sq ft.

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