Godrej Elaris Rent Potential in Magarpatta East Pune
The expected Godrej Elaris rent potential stays very strong because the property sits right inside the busy Magarpatta tech zone in East Pune. When you invest your money into a flat just to lease it out, your monthly returns depend entirely on who is looking for a home nearby. This massive 12-acre neighborhood is being built right next to major business parks where thousands of corporate employees work every day. Because of that, finding high-paying tenants who want to live near their offices will be a breeze.
Why This Estate Will Command Great Monthly Rental Money
Leasing out an apartment in East Pune gets simple when your neighborhood has things other properties cannot offer. Tenants do not mind spending extra cash when they get huge parks and quick road access mixed together.
Right Next to Offices and Shopping Spots
The high-rise towers sit at a perfect spot in Magarpatta. Tech professionals can drive or walk to their office cabins in just a few minutes. Plus, large weekend spots like Seasons Mall are practically down the street. Working couples will love this setup because it saves them hours of sitting in boring daily traffic jams.
A Massive 12-Acre Plot With Fresh Air
Most rental flats in the city feel cramped and noisy. This property changes that by keeping a huge 80% of the total 12 acres of land completely open. Tenants get wide running loops, green lawns, and quiet seating zones right outside their tower doors. It is a massive selling point that helps your investment stand out from older, crowded developments.
| Neighborhood Asset | Real Estate Specification |
|---|---|
| Development Address | Magarpatta, East Pune, 411013 |
| Total Land Coverage | 12 Acres of premium property |
| Tower Design Style | Modern high-rise structures |
| Total Units Built | Approximately 1,023 apartments |
| Open Garden Space | 80% of the property ground |
| Legal Registration Code | PM1260002501385 |
Apartment Sizing and Base Cost Estimates
The high-rise blocks feature a few different room setups to match what tenants are looking for. Every home has good room cuts and wide window frames that catch plenty of daytime sunshine.
The Different Flat Layouts
- 2 BHK Layouts: Smartly planned homes that come with a neat 915 square feet floor plan.
- 3 BHK Layouts: Balanced spaces for growing families, ranging from 1,166 to 1,440 square feet.
- 4 BHK Layouts: Large luxury configurations that offer a massive 1,934 square feet.
Current Base Phase Prices
Buying a unit during the initial launch phase keeps your entry costs low. A smaller purchase bill automatically bumps up your final rental profit percentage over the years.
| Apartment Setup | Total Floor Area | Initial Base Price |
|---|---|---|
| 2 BHK Premium | 915 sq.ft. | Rs. 1.70 Cr* onwards |
| 3 BHK Premium | 1166 to 1440 sq.ft. | Rs. 2.21 Cr* onwards |
| 4 BHK Premium | 1934 sq.ft. | Rs. 3.62 Cr* onwards |
Timelines, Lifestyle Perks, and RERA Protections
Putting your money into a project that is still under construction means you want to be sure everything is safe and legal.
Government Approvals and Safety Rules
The entire high-rise project has a valid building license from the Maharashtra Real Estate Regulatory Authority. The official registration number is PM1260002501385. The builder closed the early expression of interest phase in October 2025 and did the main commercial launch in November 2025. Right now, crews are digging the foundations to hit the final possession target date on May 31, 2032.
Frequently Asked Questions
The proximity to major Magarpatta IT hubs and business parks ensures strong rental demand from working corporate professionals.
The official state registration number for this development is PM1260002501385.
The project sits in the Magarpatta neighborhood of East Pune, Maharashtra - 411013.
The premium residential high-rise development covers a total land area of 12 acres.
The developer conducted the final commercial launch phase in November 2025.
The master plan leaves 80% of the total land open for parks and gardens.
The builder targets full handover of the finished apartments by May 31, 2032.
The high-rise residential towers contain approximately 1,023 apartment units.