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Megapolis Pune
Megapolis is an integrated residential township in Pune, India. It is located along the outskirts of Pune, in Rajiv Gandhi Information and Bio-technology Park, Phase III, Hinjewadi. This integrated township is being built over 150-acres and is slated to have 10,000 high end residences. It is one among a number of other townships being developed in Hinjewadi by renowned developers in Pune. All these townships were conceived so that the rising number of computer software professionals working in the IT Park nearby would not have to commute for long distances. Megapolis is also located amidst IT majors like TCS, Tech Mahindra, Cognizant, Siemens, IBM, Infosys, WIPRO and many more. Megapolis provides easy access to Phase III of the IT Park, as well as Pirangut, Talegaon MIDC and Mumbai-Pune Expressway. Additionally, because these integrated townships are on the outskirts of the city, they need to have schools, health care facilities, restaurants, shopping areas and entertainment areas on their premises. To illustrate, Pawar Public School, a renowned school is located in this township. Megapolis has been designed in a way that it has 20% construction against 80% greenery and open spaces. This township is being developed by Pegasus Properties Ltd. Established in 2008, Pegasus Properties is a joint venture between Kumar Properties and Avinash Bhosale Industries Ltd. (ABIL). Both Kumar Properties as well as ABIL are among the top real estate developers in Pune. Pegasus Properties Ltd focuses on constructing contemporary townships within cities.