Magnus in One Sentence
Lodha Magnus is the answer to one question: what if I want a premium Hinjewadi flat with serious space — not a compact IT professional apartment?
At 1,388–1,451 sqft for a 3 BHK and ₹1.82 Cr, Magnus is for the buyer who has outgrown standard IT professional 2 BHK sizing but doesn’t want to leave the Hinjewadi micro-market.
Project Overview
| Factor | Details |
|---|---|
| Location | Hinjewadi Phase 1, near Rajiv Gandhi IT Park main gate |
| Developer | Lodha Group (Macrotech Developers — NSE: LODHA) |
| Configuration | 2 BHK, 3 BHK, 4 BHK |
| Total units | Boutique scale (smaller than Panache’s 15-acre campus) |
| Possession | June 2027 |
| RERA | Registered — verify at MahaRERA |
| Distance to IT Park | ~500m–1.5 km walk to Rajiv Gandhi IT Park Phase 1 |
Floor Plans and Pricing
2 BHK (1,050–1,160 sqft)
Magnus’s 2 BHK is larger than Panache’s 875 sqft standard — the extra 175–285 sqft translates to a proper dining area, larger bedrooms, and a utility balcony.
| Floor | Price Range |
|---|---|
| Lower (1–5) | ₹1.05–1.15 Cr |
| Mid (6–12) | ₹1.12–1.22 Cr |
| Upper (13+) | ₹1.20–1.30 Cr |
3 BHK (1,388–1,451 sqft)
The flagship configuration. At 1,451 sqft, this is one of the largest 3 BHKs available near Hinjewadi Phase 1.
| Floor | Price Range |
|---|---|
| Lower (1–5) | ₹1.65–1.78 Cr |
| Mid (6–12) | ₹1.75–1.90 Cr |
| Upper (13+) | ₹1.88–2.00 Cr |
4 BHK (1,850–2,100 sqft)
| Floor | Price Range |
|---|---|
| All floors | ₹2.10–2.55 Cr |
Total Cost of Ownership
3 BHK at ₹1.82 Cr (mid-floor, under-construction):
| Component | Amount |
|---|---|
| Agreement value | ₹1,82,00,000 |
| Stamp duty (6%) | ₹10,92,000 |
| Registration | ₹30,000 |
| GST (5% UC) | ₹9,10,000 |
| Interior / semi-furnished | ₹7,00,000 |
| Society deposit | ₹75,000 |
| Total all-in | ₹2,10,07,000 |
Home loan (75% LTV, 8.5%, 20yr):
- Loan: ₹1,36.5L → EMI: ₹1,19,000/month
- Post-possession rent (June 2027): ₹55,000–65,000/month
- Net EMI after rent: ₹54,000–64,000/month
Booking Process
- Site visit + unit selection — call the Lodha sales team or visit the Hinjewadi site office. Bring PAN card. Select tower, floor, unit number.
- Token payment — ₹1–2L (refundable if loan rejected within 30 days). Gets the unit held for 7–10 days.
- Home loan pre-approval — submit documents to SBI/HDFC/ICICI (Lodha has pre-approved tie-ups; faster processing). Target 8.5% floating.
- Agreement for Sale — pay 10–15% of agreement value. AFS is executed and RERA-registered.
- Construction-linked disbursement — bank releases funds to Lodha as construction milestones are met.
- Possession (June 2027) — OC inspection, snag list, possession letter, society registration.
Documents needed: PAN, Aadhaar, last 3 salary slips, 6-month bank statement, Form 16.
Magnus vs Panache: The Decision
| Factor | Magnus | Panache |
|---|---|---|
| 2 BHK size | 1,050–1,160 sqft | 875 sqft |
| 3 BHK size | 1,388–1,451 sqft | 1,133 sqft |
| Campus scale | Boutique | 15 acres |
| Clubhouse | Functional | 60,000 sqft+ |
| 3 BHK entry | ₹1.82 Cr | ₹1.55 Cr |
| Rental yield (3 BHK) | 3.6–4.6% | 3.9–5.1% |
| Possession | Jun 2027 | Mar 2027 |
Buy Magnus if: Space is the primary need. A family upgrading from a 1,000 sqft 3 BHK who needs real 1,400 sqft. Or an executive who wants a boutique building, not a 500-unit campus.
Buy Panache if: Amenity depth and campus community matter more than raw sqft. Better yield for investors. 3 months earlier possession.
FAQs
Q: Is Magnus walkable to the Hinjewadi IT Park? Yes — 500m–1.5 km to the Phase 1 main gate. Walkable or a 5-minute cycle. No internal Hinjewadi traffic to deal with.
Q: What floor should I choose at Magnus? Mid-floor (6–12) is the best value — above construction dust and noise, below the wind-exposed top floors. Corner units on mid-floors are the sweet spot for resale.
