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Pegasus Megapolis Splendour is a residential project by Pegasus Properties Pvt Ltd, located in Pune, Maharashtra. The project features 21 well-planned towers housing 1,176 exclusive residences, offering a premium yet well-balanced lifestyle. The project presents thoughtfully designed 2 and 3 BHK homes, with built-up areas ranging from 1,007 sq. ft. to 1,446 sq. ft. The Pegasus Megapolis Splendour project commands a resale price range of approximately Rs. 6,000 to Rs. 8,700 per sq. ft. In contrast, Pegasus Megapolis Splendour monthly rents typically range from Rs. 24,000 to Rs. 36,000, depending on the apartment's furnishing status, size, tower location, and access to amenities. Ready for possession since March 2015, it is a well-established, move-in-ready community with a vibrant resident base.
Residents can enjoy Pegasus Megapolis Splendour's amenities, including a community hall, tennis court, jogging track, swimming pool, and park, all designed for premium living. Strategically located in Hinjewadi, the project offers excellent connectivity to major IT hubs, Mumbai Highway, Wakad, Baner, and other prominent areas of Pune through well-developed road networks and key arterial routes.
Land area & units: 21 towers | 1,176 units
Storeys: 15 Storeys
Configurations: 2 and 3 BHK
Landmark & Nearby hub: Near Farmazia-Hospital
Average Rent in Hinjewadi: Rs. 14,500 - Rs. 58,000
Possession Date: March 2015
Developer: Pegasus Properties Pvt Ltd
Address: Phase 3, Hinjawadi Rajiv Gandhi Infotech Park, Hinjawadi, Pimpri-Chinchwad, Pune, Maharashtra 411057
Google Map: Pegasus Megapolis Splendour location
Configuration | Built-Up Area | Price |
2 BHK | 1,007 sq. ft. - 1,112 sq. ft. | On Request |
3 BHK | 1,446 sq. ft. | On Request |
Pegasus Megapolis Splendour is a well-connected, integrated township project in Hinjewadi offering modern amenities, strong rental demand, and comfortable urban living.
Strategic IT-Centric Location: Situated in Hinjewadi Phase 3, Pegasus Megapolis Splendour’s location enjoys seamless connectivity to major IT parks, business hubs, and key areas across Pune.
Township Living Experience: Pegasus Megapolis Splendour apartments is a part of the expansive Megapolis integrated township, offering a well-planned community with modern infrastructure and lifestyle conveniences.
Strong Rental Potential: With its proximity to IT hubs, Pegasus Megapolis Splendour apartments command high rents from IT professionals in Hinjewadi, making it attractive for steady rental income and long-term occupancy.
Pegasus Megapolis Splendour offers a wide range of lifestyle amenities, including sports facilities, landscaped spaces, clubhouse features, and recreational zones.
Community Hall
Multipurpose Hall
Swimming Pool
Park
Cricket Pitch
Lawn Tennis Court
Jogging Track
Yoga Meditation Area
Gymnasium
Ready-to-Occupy Homes: Buyers can move into well-developed homes with established infrastructure and immediate possession.
Expansive Township Living: At Pegasus Megapolis Splendour, residents can enjoy a self-sustained lifestyle within the thoughtfully planned Megapolis integrated township.
High-Rise Development: Pegasus Megapolis Splendour features multiple residential towers designed with organised layouts and open spaces.
Pegasus Megapolis Splendour offers promising investment potential due to its strategic location in Hinjewadi Phase 3, a major IT and commercial hub of Pune. The area sees consistent rental demand from IT professionals, with average apartment rentals ranging from Rs. 14,500 to Rs. 58,000 per month, depending on configuration and furnishings. Rental values in the area remain healthy, with 2- and 3 BHK apartments witnessing steady demand and attractive rental returns due to the strong presence of the IT workforce.
Piped gas connection is provided
RO water purification system is provided.
24x7 power backup is available.
Video door security system enhances safety.
Intercom facility enables smooth communication.
Modern firefighting systems
High-speed elevators for comfortable accessibility across floors.
Sewage treatment plant supports efficient wastewater management.
Organised garbage disposal system.
Pegasus Megapolis Splendour is located in Hinjewadi, Pune.
Hinjewadi is one of Pune’s most prominent residential and IT-driven localities, known for housing the Rajiv Gandhi Infotech Park and several multinational companies. The area offers strong connectivity to Wakad, Baner, Balewadi, and the Mumbai-Pune Expressway, making it a preferred destination for working professionals.
Pawar Public School - 800 m
Ryan International Academy - 2.5 km
Podar International School - 1.5 km
Amrita Vidyalayam - 1.8 km
Farmazia-Hospital - 650 m
Kalpataru Hospital - 3.4 km
Nexus Care Hospital - 3.9 km
Tata Consultancy Services Limited - 1 km
Embassy The Quadron Business Park - 2 km
Cognizant CDC - 3.3 km
KPIT Technologies Ltd - 3.7 km
Rajiv Gandhi Infotech Park Hinjewadi - 3.8 km
Synechron Technologies Pvt. Ltd. - 3.8 km
Pros | Cons |
Offers a range of lifestyle amenities, including a pool and sports facilities. | Traffic congestion frequently affects peak-hour commuting in the Hinjewadi area. |
Spacious township environment with landscaped open spaces and greenery. | Maintenance costs may be higher due to township-scale amenities. |
Strong rental demand from IT professionals and working families. | Limited metro connectivity is currently available directly near the project. |
Hinjawadi is a major IT hub situated in western Pune, bordered by Wakad, Tathawade, and Baner. The pin code of Hinjawadi is 411057. This suburban area houses thousands of software professionals and features the Rajiv Gandhi Infotech Park. Families here send children to VIBGYOR High School and visit Ruby Hall Clinic for medical emergencies. The Hinjawadi Phase 1 Metro Station on Pune Metro Line 3 is just 1 km away. Residents use the Hinjawadi-Aundh Road to reach Chinchwad Railway Station in about 40 minutes. The 2026 average property rate ranges from Rs. 6,500 to Rs. 9,500 per sq ft. Multi-story apartments dominate the market, driven by the massive IT workforce seeking homes nearby.
As of August 22, 2026, the property rate in Hinjawadi ranges between Rs. 6,500 to Rs. 9,500 per square foot for apartments.
| Locality | Property Price per sq ft* |
|---|---|
| Hinjawadi pune | Rs. 6,500 to Rs. 9,500 |
As of August 22, 2026, the rental cost in Hinjawadi is between Rs. 15,000 and Rs. 35,000 monthly for 1 to 3 BHK apartments.
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 15,000 to Rs. 18,000 |
| 2 BHK for rent | Rs. 20,000 to Rs. 25,000 |
| 3 BHK for rent | Rs. 28,000 to Rs. 35,000 |
Property values in this IT hub show steady growth due to continuous employment opportunities. Buyer prices range from Rs. 6,500 to Rs. 9,500 per sq ft, showing a 6.7% appreciation. The rental market remains highly active, with monthly rents ranging from Rs. 16,000 to Rs. 32,000. Rental rates experienced an 11.1% increase in the previous cycle before stabilizing recently. Investors find steady returns here because of the constant influx of tech professionals. The upcoming metro line supports these rising values, making the area preferred for buyers and tenants. This trend reflects strong demand across all residential sectors. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Ruby Hall Clinic is a prominent landmark in Hinjawadi. Some more include:
Hinjawadi is well-connected through Hinjawadi-Aundh Road and the following roads:
Hinjawadi Phase 1 Metro Station on the Pune Metro Line 3 is the closest public transit option, located 1 km away. Some more include:
The nearest railway station and airport are Chinchwad Railway Station, which is located 12 km away, and others:
Hinjawadi is well-equipped with numerous top educational institutions, such as VIBGYOR High School and International Institute of Information Technology, along with:
Some reputed healthcare places near Hinjawadi include Ruby Hall Clinic - Hinjawadi, and others:
You can access Xion Mall and Grand Highstreet easily from Hinjawadi pune. Some more include:
These localities are located around Hinjawadi:
Here are some of the major employment centres near Hinjawadi:
The popular landmarks within Hinjawadi are:


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