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Magnum Iris
Magnum Iris
Magnum Iris
Magnum Iris

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Magnum Iris
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RESIDENTIAL
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Magnum Iris

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Near VTP Purvanchal,Kesnand Rd,Wagholi

By Magnum Group

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₹68.4 Lacs onwards
Ready to Move
Possession in December 2024
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house
Unit Configuration
2, 3, 4 BHK
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Water Supply
Borewell
building
Units
120
building
No. of Towers
2
frame
Project Area
1.80 Acres
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Get Benefits worth ₹2 Lacs*
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Key Features

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Close to EON IT Park
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Proximity to Pune Airport
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Easy Access to Daily Essentials
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Spacious Homes & World Class Amenities

Magnum Iris Floor Plan

Amenities in Magnum Iris

Car Parking
CCTV Camera
Sewage Treatment Plant
Gym
Security
Children's Play Area
Common Garden
Rain Water Harvesting
Community Hall
Indoor Games
Lift
Shopping Center

About the Magnum Iris

Overview of Magnum Iris

Constructed by the trusted builder Magnum Group, Magnum Iris is a new and reliable residential project in the heart of Pune. This project aims to make luxury affordable for all with its flawlessly built 2BHK apartments available . Have the best amenities brought to your doorstep and the busiest localities accessible at a short travel distance with your new home here at Magnum Iris.


Why Buy a Home at Magnum Iris?

A home at Magnum Iris materialises your dream of owning an apartment in a Pune suburb and makes the metropolitan lifestyle a part of your identity. It ensures that you breathe cleaner air and stay close to prominent landmarks, tech parks, colleges, schools, hospitals, and everything else you need. With 100% Vastu-compliant homes, you will never run out of space or good energy here because every inch of the built-up area is judiciously used to present you with a spacious and radiant home. Never miss out on worldly happenings with the central location of the building in Wagholi and also enjoy a host of amenities diligently provided by the builder. Some of the many amenities making Magnum Iris your earthly haven are:

  • With 24*7 security and CCTV surveillance, these homes ensure the safety and well-being of your loved ones
  • Enjoy a sustainable lifestyle with amenities such as a rainwater harvesting system and a sewage treatment plant to help reduce your carbon footprint
  • A lush green common garden for your coveted morning walks and evening strolls
  • A community hall, shopping centre, children’s play area, gym, and indoor games room to look for the socialising, fitness, wisdom, and entertainment needs of you and your kids


Magnum Iris Location Advantage

A good housing locality must be well-connected to reliable modes of transportation and Magnum Iris aces this criterion. Strategically located in the Wagholi region of Pune, the Magnum Iris homes are not just strongly built apartments in a newly constructed skyscraper available at affordable prices, they are also ideally situated to keep you in close proximity to the major parts of the city. Buying a home at Magnum Iris would ensure that you do not have to worry about travelling and being on time, for the rest of your life. Some of its location advantages include:

  • Wagholi and Vitthalwadi bus stops are within a distance of 1-12 minutes
  • Lifeline Hospital and Imax Multispecialty Hospital are within a distance of 2 minutes
  • Prodigy Public School, Wagheshwar English School, and Junior College, and other reputable schools are within a distance of 2-10 minutes


About Magnum Group

Magnum Group is a leading real estate developer that operators optimally to gift customers with the finest of homes. With an industry experience expanding over 29 years and a talented team of planners, architects, builders, investors, and patrons, Magnum Group has created a good name for itself in the industry. The company is known for its durability and strong aesthetic appeal. With meticulously built projects like Magnum Iris, Magnum Group has reached unfathomable heights of success, one skyscraper at a time.

Magnum Iris - RERA & Legal Certificates

RERA Certificate
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The Real Estate (Regulation and Development) Act, 2016 is Act of the Parliament of India which seeks to protect buyers as well as help boost investments in the real estate industry. The Act came into force from 1 May 2016.

NoBroker RERA IdA51800026821copy
Builder Project RERA IdP52100029676copy
approved
BENEFITS OF RERA
Timely Dispute Resolution
Timely Dispute ResolutionBuyer-developer disputes are resolved within 120 days.
Quality Assurance
Quality AssuranceQuality standards are met with developers liable for defects.
Buyer Protection
Buyer ProtectionBuyers have grievance redressal through RERA.
Transparency & Tracking
Transparency & TrackingAllow buyers to track project progress and project details.

About Locality

Overview

Vithalwadi is a developing residential locality situated along the Pune-Ahmednagar Highway in eastern Pune, bordering Lonikand and Wagholi. The official pin code of Vithalwadi in Pune is 412216. This semi-urban area houses industrial workers and college students, with the local Vitthal Temple serving as a major landmark. Residents send their children to New Times International School and visit Imax Multispeciality Hospital for medical needs. Ramwadi Metro Station on the Aqua Line is the nearest operational station, located 16 km away. The Pune-Ahmednagar Highway links the area to Pune Junction Railway Station, which is a 45-minute drive. Property rates range from Rs. 3,800 to Rs. 4,500 per sq ft, dominated by budget apartments near industrial zones.

What's Good

What's Good in Vithalwadi

  • Shree Ramchandra College of Engineering provides excellent higher education opportunities within the locality.
  • The Pune-Ahmednagar Highway offers direct road access to major IT hubs in Kharadi.
  • Residents can easily buy home decor and household items at Yogiraj Furniture nearby.
  • The proposed Ramwadi to Wagholi Metro extension will improve transit options for residents.
  • Joggers and families spend their evenings relaxing at the green Lonikand Gram Panchayat Park.

Sale

Buy/Invest As of August 22, 2026, the property rate in Vithalwadi ranges between Rs. 3,800 to Rs. 4,500 per square foot for apartments.
LocalityProperty Price per sq ft*
Vithalwadi puneRs. 3,800 to Rs. 4,500
*The property rate is subject to change.

Why Should One Buy Property in Vithalwadi pune

  • The upcoming PMRDA Inner Ring Road will boost long-term capital appreciation.
  • Investors can expect steady rental yields from students of Shree Ramchandra College.
  • Property prices are much lower compared to the neighbouring IT hub of Kharadi.
  • The proposed Ramwadi to Wagholi Metro line will significantly increase local property values.
  • Affordable rates make buying budget apartments highly accessible for first-time home buyers.

Rent

As of August 22, 2026, the rental cost in Vithalwadi is between Rs. 6,000 and Rs. 14,000 monthly for 1 to 3 BHK apartments.
ConfigurationAverage Rental Rate*
1 BHK for rentRs. 6,000 to Rs. 8,000
2 BHK for rentRs. 9,000 to Rs. 11,000
3 BHK for rentRs. 12,000 to Rs. 14,000
*The rental rate is subject to change.

Why Should One Rent a House in Vithalwadi pune

  • Tenants enjoy affordable monthly rents compared to expensive apartments in nearby Wagholi.
  • Daily commuters save travel time to work at the nearby EON IT Park.
  • Families get easy access to quality education at New Times International School.
  • The Pune-Ahmednagar Highway provides quick transit options for working professionals renting here.
  • Being close to local markets like Wagholi Central Market makes daily shopping easy.

Price Trends

Property values in this micro-market have shown steady recovery with a 9.6% annual appreciation in sale prices. The average buying rate ranges between Rs. 3,800 and Rs. 4,500 per sq ft, attracting budget-conscious buyers. Meanwhile, the rental market remains highly stable with zero percent growth, keeping monthly rents between Rs. 6,000 and Rs. 14,000 depending on the configuration. This price stability makes the area highly attractive for industrial workers seeking affordable housing options near the highway. The upcoming metro line is expected to drive future demand and price growth across the locality. (* As of August 22, 2026)

Best of the Locality

Here are some of the important landmarks holding historical and cultural importance:
  • Wagheshwar Temple: This ancient temple dedicated to Lord Shiva is located in nearby Wagholi. It features a beautiful temple tank and attracts many devotees during Mahashivratri. Visitors enjoy the peaceful spiritual atmosphere.
  • Kesnand Hills: These scenic hills offer a great trekking spot for adventure enthusiasts. Visitors climb up to enjoy panoramic views of the surrounding countryside. It is a popular weekend getaway for nature lovers.
  • Diamond Parks: This popular water and adventure park is located a short drive away in Lohegaon. It features thrilling water slides, wave pools, and adventure activities. Families visit here for weekend entertainment and relaxation.
  • Chincholi Morachi: Located slightly further away, this eco-tourism village is famous for its peacock sanctuary. Visitors can watch peacocks roaming freely in natural surroundings. It offers a unique rural experience close to nature.
  • Bakori Hills: These hills near Bakori offer scenic trekking trails and panoramic views of the landscape. Visitors hike up early in the morning to catch the sunrise. It is a quiet spot popular among local fitness enthusiasts.

Vitthal Rukmini Temple is a prominent landmark in Vithalwadi. Some more include:

  • Vitthalwadi Kaman
  • Lonikand Police Station
  • Yogiraj Furniture Showroom
  • Shree Ramchandra College Campus
  • Imax Multispeciality Hospital

Infrastructure

Road Connectivity

Vithalwadi is well-connected through Pune-Ahmednagar Highway and the following roads:

  • Pune-Ahmednagar Highway (NH-753F)
  • Lonikand-Rahu Road
  • Vitthalwadi Road

Public Transport

Ramwadi Metro Station on the Aqua Line is the closest public transit option, located 16 km away. Some more include:

  • Kalyani Nagar Metro Station, Aqua Line, 18 km
  • Vitthalwadi Bus Stop
  • Lonikand Bus Stand

Proximity to Airport and Railway Station

The nearest railway station and airport are Pune Junction Railway Station, which is located 20 km away, and others:

  • Pune International Airport, 15 km
  • Hadapsar Railway Station, 18 km
  • Uruli Railway Station, 25 km

Schools and Colleges

Vithalwadi is well-equipped with numerous top educational institutions, such as Shree Ramchandra College of Engineering and New Times International School Lonikand Pune, along with:

  • Smt. Subhadrabai Ramchandra Bhumkar Junior College
  • Lonikand Primary School
  • Gyanba Sopanrao Moze School

Hospitals and Medical Facilities

Some reputed healthcare places near Vithalwadi include Imax Multispeciality Hospital, and others:

  • Lifeline Hospital Wagholi
  • Care Multispeciality Hospital
  • Dr. Bhumkar Clinic

Shopping outlets

You can access Phoenix Marketcity and Inorbit Mall easily from Vithalwadi pune. Some more include:

  • Yogiraj Furniture
  • Wagholi Central Market
  • Reliance Smart Superstore

These localities are located around Vithalwadi:

  • Lonikand
  • Wagholi
  • Bakori
  • Phulgaon
  • Kharadi

Here are some of the major employment centres near Vithalwadi:

  • EON IT Park Kharadi
  • Gera Commerzone
  • World Trade Centre Pune
  • Cerebrum IT Park

The popular landmarks within Vithalwadi are:

  • Vitthal Rukmini Temple
  • Vitthalwadi Kaman
  • Lonikand Police Station
  • Yogiraj Furniture Showroom

Magnum Iris - Neighbourhood

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Frequently Asked Questions

Where is Magnum Iris located?

Magnum Iris is situated in a wonderful neighborhood of Wagholi. The area is an ideal place to shift in Pune because of its excellent connectivity and vicinity. It is well connected and close to a variety of public amenities and public transportation.

Good connectivity and the pristine vicinity make Magnum Iris one of the best place to move in Pune. All kinds of public transport and amenities are easily accessible from here. It is also located close to schools, airports, and restaurants, thus ensuring that your family's many needs are taken care of.

What is the available Apartment size in Magnum Iris?

Magnum Iris has apartments in 2 BHK, 3 BHK, 4 BHK configurations making it the perfect and ideal home for families and bachelors. The apartments here have spacious rooms with proper ventilation which allows fresh air and light into your rooms. The Balcony/window provides scenic views and sunlight, a perfect combination to let go of the day's stress.

What is the RERA Number of Magnum Iris of Wagholi?

RERA is published by the Ministry of Housing and Urban Affairs, Indian Govt. The RERA ID ensures that the apartment has been authenticated for sale/resale and that customers get a good deal. The RERA id for Magnum Iris which is located at Wagholi is P52100029676.

What is the price range of Magnum Iris of Wagholi?

The Magnum Iris apartments come at an incredibly reasonable prices. The price of apartments ranges from 68.4 Lacs - 68.4 Lacs. Considering the area, amenities and facilities provided the prices are highly feasible, cost-effective, and convenient.

The Magnum Iris offers once-in-a-lifetime deal. Its prices and excellent listings are pretty reasonable compared to the developed area and other buildings in the locality.

Where to download the Magnum Iris brochure?

The brochure is the best way to get detailed information regarding an apartment. You can download the Magnum Iris brochure from the website. You can also contact the NoBroker team for brochures and more information regarding the property.

Downloading the brochure is the best way to get detailed information on the apartment. You can easily download the brochure and get the necessary details about Magnum Iris. You can also connect with the experts of the NoBroker team to gain some valuable insights on the project.

Where to download the Magnum Iris floor plan?

The floor plan of the Magnum Iris is available. You can download the complete brochure to know everything about the apartment, which also covers its floor plan.

The floor plan can give the perfect layout of a building and thereby, a good understanding of how the homes will turn out to be. The available floor plans at Magnum Iris include 2 BHK, 3 BHK, 4 BHK apartments. You can also compare the different floor plans to get a better idea of the building and then choose an apartment that best meets your requirements.

What is the nearest landmark to Magnum Iris residential project?

The nearest landmark to Magnum Iris residential project is Wagholi.

What amenities are available at Magnum Iris residential project?

Magnum Iris residential project offers a range of amenities including a swimming pool, gym, children's play area, clubhouse, and more. Downloading the brochure is a great way to obtain comprehensive information about the project's amenities.

Does Magnum Iris residential project have covered car parking?

Yes, Magnum Iris residential project offers covered car parking for the residents. You can also download the brochure to get all the relevant information about amenities within the project.

Which banks can approve loans for Magnum Iris residential project?

Many major banks offer home loans for Magnum Iris residential project, including HDFC, ICICI, SBI, and more. Additionally, NoBroker provides comprehensive home loan services to streamline your financing needs for this project. With NoBroker's assistance, you can explore a range of home loan options, making it easier to secure the funding you require for your investment in Magnum Iris residential project.

Is a transportation facility easily available near Magnum Iris residential project?

Yes, there are good transportation facilities available near Magnum Iris residential project, including bus stops and railway stations in close proximity. To learn more about the educational, medical, and entertainment hotspots around the project, you can download the brochure.
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