Megapolis Splendour Hinjewadi Phase 3 Pune — Complete 2026 Buyer, Investor & Renter Guide

Megapolis Splendour sits inside Hinjewadi Phase 3, right in the middle of the Rajiv Gandhi Infotech Park belt. This isn’t a new-launch project — possession here started way back around 2015, which makes it a ready-to-move, resale-heavy society. If you searched expecting a fresh under-construction project, that’s an important thing to know upfront, so you don’t get confused comparing it with new launches nearby.

On the builder name — you’ll see it listed as both “Pegasus Properties” and “Kumar Properties” across different portals. Here’s the simple truth: Pegasus Megapolis Splendour operates under the larger Kumar Properties/Pegasus brand umbrella. They’re not two separate developers fighting over the same project — it’s one group using both names depending on the marketing material or the era it was published. Don’t let this naming confusion put you off; just know both names point to the same builder group behind this address.

The project spans roughly 21 towers, and here’s another spot where sources disagree — some say “15 floors each,” others say “21 storeys.” The honest answer is that tower heights vary across the layout, somewhere in the 14 to 21 storey range. If exact floor count matters to your decision (say, you want a high floor for the view), always confirm with the specific tower number before booking a site visit.

Price & Carpet Area Explained

This is the section where most buyers get tripped up, so let’s slow down and get the numbers right.

The single biggest source of confusion around Megapolis Splendour pricing is carpet area versus saleable area. Different portals quote different square footage for the same flat type simply because one is measuring carpet area (the actual usable floor space inside your walls) and the other is measuring saleable area (which includes common areas, walls, and loading factor). RealEstate Talk always recommends asking the seller directly which figure they’re quoting before you compare price per square foot across projects.

Before any money changes hands, RERA verification is non-negotiable — and this is one area where RealEstate Talk wants to be extra precise, because Megapolis Splendour actually carries two separate registration numbers.

Megapolis Splendour is registered under MahaRERA with two numbers — P52100022957 and P52100023051. Having two numbers isn’t unusual for large multi-phase projects; it usually means different tower clusters or launch phases were registered separately over time. What matters is that you personally check both against the official MahaRERA portal before signing anything, rather than trusting a screenshot from a broker.

How to Verify RERA Status Yourself

Here’s the exact three-step process any buyer or investor should follow.

Go to the MahaRERA website, search either registration number, and confirm the project name, builder name, and possession date match what you’ve been told. If anything doesn’t line up — wrong builder name, expired registration, or a different address — pause the deal and ask questions before proceeding.

This is the one update almost nobody else is talking about clearly, and it could genuinely change your commute and your resale value.

Pune Metro Line 3 has reached 94.58% physical progress as of January 2026. The University Chowk flyover opened in August 2025, and the Baner–Shivajinagar stretch opened in March 2026. Partial metro services are expected to begin around July 2026 — but given repeated delays on this project over the years, treat this date as provisional and check the official PMRDA or Maha Metro website closer to the time for confirmation.

Here’s why this matters specifically for Megapolis Splendour: the project sits close to the proposed Megapolis Circle station on this line. Once services begin, residents could see their commute to central Pune areas like Shivajinagar cut from roughly 45 minutes by road to around 15 minutes by metro. That’s not a small change — it’s the kind of infrastructure shift that tends to show up in resale prices within 12–18 months of a metro line going operational in other Indian cities.

Read More: Pune Metro Line 3 progress updates

For investors, the real question isn’t just “what’s the price” — it’s “what does this actually earn me.”

Let’s run a realistic example. A 2 BHK at Megapolis Splendour priced around ₹74 Lakh (saleable area pricing) currently rents out for approximately ₹25,000–₹36,000 per month, depending on floor, furnishing, and tower. Working out the annual yield on that:

Not everyone reading this is buying — a large chunk of interest in Megapolis Splendour comes from people who just need a place to stay close to work.

If you work at TCS, Tech Mahindra, Cognizant, Infosys or Wipro and are tired of a long commute from other parts of Pune, Megapolis Splendour’s location inside Hinjewadi Phase 3 is genuinely one of the more walkable options in the IT corridor. Many residents here are IT professionals themselves, which means the society has a rhythm — early morning cab pickups, weekend gym sessions, and a community that understands shift timings.

What to Check Before Choosing a PG or Rental Flat Here

A quick checklist before you sign a rental agreement in this project.

Ask about maintenance charges (these vary by tower and can add a meaningful amount to your monthly cost), confirm whether the flat is carpet-area or saleable-area priced for rent comparison purposes, and visit at the time of day you’d actually be commuting — traffic near IT parks can be very different at 9 AM versus 2 PM.

Beyond location and price, day-to-day livability is what actually decides whether you’ll enjoy staying here.

Megapolis Splendour offers typical mid-premium society amenities — a clubhouse, swimming pool, gymnasium, and sports facilities spread across the 21-tower layout. For families, Ryan International Academy is around 1.7 km away, making school runs manageable, and Shree Swami Samarth Hospital at 0.86 km means you’re never too far from medical help in an emergency.

Daily Convenience Around the Society

One sentence on what everyday life looks like beyond the gated community walls.

Being inside Hinjewadi Phase 3 means grocery stores, cafes, and everyday services are all within a short drive or walk, which is one of the underrated advantages of buying or renting in an established IT-hub locality rather than a newer, still-developing pocket.

If you’re comparing Megapolis Splendour against other societies in the same phase, here’s how it stacks up on the numbers that matter most.