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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.
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:
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:
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.
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.

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.
| Locality | Property Price per sq ft* |
|---|---|
| Vithalwadi pune | Rs. 3,800 to Rs. 4,500 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 6,000 to Rs. 8,000 |
| 2 BHK for rent | Rs. 9,000 to Rs. 11,000 |
| 3 BHK for rent | Rs. 12,000 to Rs. 14,000 |
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)
Vitthal Rukmini Temple is a prominent landmark in Vithalwadi. Some more include:
Vithalwadi is well-connected through Pune-Ahmednagar Highway and the following roads:
Ramwadi Metro Station on the Aqua Line is the closest public transit option, located 16 km away. Some more include:
The nearest railway station and airport are Pune Junction Railway Station, which is located 20 km away, and others:
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:
Some reputed healthcare places near Vithalwadi include Imax Multispeciality Hospital, and others:
You can access Phoenix Marketcity and Inorbit Mall easily from Vithalwadi pune. Some more include:
These localities are located around Vithalwadi:
Here are some of the major employment centres near Vithalwadi:
The popular landmarks within Vithalwadi are:


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The Magnum Group is one of the leading players in the Real Estate arena. Having a customer centric approach, we always aim at meeting customer expectations with utmost understanding. We believe there is no joy greater than delivering customer happiness and satisfaction.
