Pegasus Properties Pvt. Ltd.
Project RERA record · Pune
Megapolis Shimmer - A1
No adverse MahaRERA flags
Registered with MahaRERA — no adverse flag on its public lists. Pune · Rajiv Gandhi Infotech Park Phase 3
Megapolis Shimmer - A1 is registered with MahaRERA and carries no adverse flag on the regulator's public lists — no insolvency (NCLT), deregistration, suspension, completion lapse or quarterly-progress-report default. The promoter has declared completion by Mar 2029. That's the clean baseline, not a guarantee: registration is not completion, so still confirm the occupancy certificate, the sanctioned plan, the title and the exact carpet area before you commit money.
Builder track record
Pegasus Properties Pvt. Ltd. is the promoter on 17 MahaRERA-registered projects, of which 2 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:
- Winds OF JOY Project A — Deregistered by MahaRERA
- Winds OF JOY Project B — Deregistered by MahaRERA
Other flagged projects by Pegasus Properties Pvt. Ltd.
Other RERA-registered projects in Wakad
What to verify before you book
- Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
- Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
- Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
- Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.
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The regulatory risk spine for Megapolis Shimmer - A1, emailed as a clean scorecard — plus an alert if the RERA status changes:
Should you buy in Megapolis Shimmer - A1?
The register shows the declared timeline and status — not whether it's a good buy. The report pressure-tests that: Pegasus Properties Pvt. Ltd.'s delivery record, this project's complaint history, and the sanctioned-plan detail a sales team won't volunteer.
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you everything in the free Risk Snapshot, plus the buy/wait decision — the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
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Paying from outside India? Pay $99 via PayPal or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Pune RERA red-flag register.
Last checked against the RERA register: 11 Jul 2026