Marking its 60th anniversary, Kumar Realty has launched Phase 2 of Magnacity at Manjri on the Pune-Solapur Highway (East Pune) – 2 BHK and 3 BHK apartments priced from Rs 73 lakh to Rs 1 crore, with an anniversary price benefit of up to Rs 3 lakh for early buyers.
The project sits within a 140-acre integrated township featuring a 1-lakh-sq-ft clubhouse (pool, banquet hall, restaurant, guest rooms, gym, mini theatre), 22-25% green and landscaped open space, a football pitch, a tennis court, a retail high street, and a planned school, hospital, fire station and police station within the township. Kumar Realty says it is targeting delivery of at least 2,000 apartments a year across its Pune portfolio, positioning this squarely at IT-sector executives and professionals.
For buyers, Manjri and the Pune-Solapur Highway corridor is a fast-growing East Pune belt drawing IT-professional demand. As with any township launch, the amenities are the headline – but weigh the anniversary offer against the delivery timeline and RERA registration, and confirm which of the promised social amenities (school, hospital) are committed versus merely planned before factoring them into value.
Sources: Punekar News (Aug 20, 2026)
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