Description

Anandtara Iris Residences Phase III is an under-construction residential project by Anandtara Construction, located in Mundhwa, Pune, within the broader Mundhwa–Kharadi–Hadapsar corridor. The project offers 2 and 3 BHK apartments and is positioned for buyers seeking a relatively compact residential development with access to Kharadi, Magarpatta, Hadapsar and other East Pune employment and lifestyle destinations. Housing.com lists the project specifically as Anandtara Iris Residences Phase III in Mundhwa.

The project is registered under MahaRERA No. PR1260002600494. Housing.com currently lists Phase III at approximately 1.23 acres with 52 units in 1 building, launched in May 2026, with possession starting in June 2029. It lists apartment sizes from approximately 679 to 1,020 sq.ft. and states that the building has 13 floors.

An important point for buyers is that Iris Residences is being developed in multiple phases. The developer’s official website separately identifies earlier phases of Anandtara Iris Residences, while Phase III has its own MahaRERA registration. Therefore, buyers should confirm which amenities, open spaces, parking areas and common facilities belong specifically to Phase III rather than assuming that facilities shown for the broader Iris Residences development automatically apply to this phase.

The project is particularly relevant for buyers who want a 2 or 3 BHK in Mundhwa and prefer a newer phase with a possession timeline earlier than several newly launched East Pune projects.

RERA No.: PR1260002600494 | Possession: 30/06/2029

Floor Plan & Pricing

Current public pricing for Phase III is limited. Housing.com currently lists the project as Price on Request, so buyers should obtain the latest official cost sheet directly from the developer.

• 2 BHK – approximately 678.77 sq.ft. carpet area – Price: On Request
• 3 BHK – approximately 1,020 sq.ft. maximum listed size – Price: On Request
• Configuration: 2 & 3 BHK
• Project Area: Approximately 1.23 acres
• Total Units: Approximately 52
• Building: 1
• Floors: 13
• Launch: May 2026
• Possession: June 2029
• MahaRERA No.: PR1260002600494
• Developer: Anandtara Construction

Important Pricing Context

Do not confuse pricing of the earlier Anandtara Iris Residences phases with Phase III.

For the broader Iris Residences development, third-party listings currently show prices such as approximately ₹1.06 Crore for a 2 BHK and ₹1.42–₹1.62 Crore for selected 3 BHK configurations, while Housiey lists earlier Iris Residences inventory around ₹96.55 Lakh–₹1.59 Crore. These figures relate to the broader/earlier Iris Residences inventory and should not be treated as confirmed Phase III pricing.

Important Pricing Check

Before booking Phase III, ask the developer for a written cost sheet covering:

• Base agreement value
• Exact RERA carpet area
• GST
• Stamp duty
• Registration
• Floor-rise charges
• Preferred-location charges
• Parking charges
• Infrastructure/development charges
• Electricity and water connection charges
• Maintenance deposit
• Corpus fund
• Clubhouse/amenity charges
• Legal/documentation charges
• Any other applicable charges

Compare the final all-inclusive price per RERA carpet sq.ft. with other Mundhwa projects rather than comparing only the advertised apartment price.

Explore Locality

Anandtara Iris Residences Phase III is located in Mundhwa, a strategically positioned East Pune locality connecting toward Kharadi, Magarpatta, Hadapsar, Keshav Nagar and Wadgaon Sheri. Housing.com identifies Magarpatta City at approximately 3.7 km and Kharadi at approximately 3.86 km from the broader Mundhwa locality, while the developer’s official website highlights approximately 3.4 km to Kharadi IT Hub and 2.8 km to Magarpatta IT Hub for Iris Residences.

1. IT & Employment Hubs

• Kharadi is one of the major employment destinations accessible from Mundhwa.
• EON IT Park and the wider Kharadi business district are important employment hubs.
• Magarpatta City provides another major IT and commercial destination.
• Hadapsar has an established commercial and employment ecosystem.
• The location can particularly suit professionals working in Kharadi, Mundhwa, Magarpatta and Hadapsar.

2. Education

• The Orbis School, Mundhwa is a nearby educational option.
• The Lexicon School is another option in the wider locality.
• Several schools and colleges are available across Mundhwa, Keshav Nagar, Hadapsar and Kharadi.
• Families should test school commute times during actual morning traffic.

3. Healthcare

• Manipal Hospital, Kharadi is one of the major hospitals accessible from the project.
• Sahyadri Super Speciality Hospital, Hadapsar is another established healthcare facility.
• Other clinics, diagnostic centres and pharmacies are available across Mundhwa and neighbouring areas.

4. Shopping & Lifestyle

• Seasons Mall is a major shopping and entertainment destination in East Pune.
• Amanora Mall / Amanora Park Town offers retail, dining and lifestyle facilities.
• Kharadi and Mundhwa have numerous restaurants, cafés, supermarkets and daily-needs stores.
• Koregaon Park is also accessible through the wider East Pune road network.

5. Connectivity

• The project benefits from Mundhwa’s road network toward Kharadi and Magarpatta.
• The developer places Iris Residences on the Mundhwa–Kharadi Road corridor.
• Pune-Solapur Highway and Pune-Ahmednagar Highway provide broader regional connectivity.
• Keshav Nagar provides another important connection toward Kharadi.
• Buyers should evaluate peak-hour congestion because Mundhwa roads can become busy.

6. Public Transport

Keshavnagar Bus Stop is identified as a nearby transport facility by Housing.com. The locality is served by PMPML routes connecting it with several parts of Pune.

7. Metro Connectivity

Housing.com identifies Kalyani Nagar Metro Station at approximately 3.68 km from the project. Actual travel time should be evaluated separately because road traffic can significantly affect the practical commute.

8. Airport Connectivity

Pune International Airport can be accessed through the broader Kharadi–Nagar Road corridor.

This can benefit frequent business travellers, although actual travel time depends heavily on traffic.

9. Residential Growth

Mundhwa has experienced rapid residential development.

The growth provides:

• More housing choices
• Better retail infrastructure
• More restaurants and cafés
• Growing social infrastructure
• Access to employment hubs

However, it also creates pressure on:

• Roads
• Traffic
• Drainage
• Parking
• Water infrastructure
• Civic services

✅ Positive Aspects

1. Strategic Mundhwa Location

The project’s location gives residents access to Kharadi, Magarpatta, Hadapsar and other East Pune destinations.

2. 2 & 3 BHK Configurations

The project offers two practical configurations suitable for:

• Young couples
• Nuclear families
• Growing families
• First-time upgraders
• Long-term end users

3. Compact Project

Phase III is listed at approximately 1.23 acres with 52 units and one building, making it relatively compact compared with large multi-tower townships.

4. Earlier Possession Compared With Some New Launches

The currently listed possession is June 2029, which is earlier than several newly launched projects in the Mundhwa/Kharadi corridor with possession timelines extending into 2030–2031.

5. Established Developer Presence

Anandtara Construction states that it has been operating since 2006 and has developed multiple projects. Its official website also highlights previous residential developments.

6. Access to Kharadi

The developer lists approximately 3.4 km to Kharadi IT Hub, making the project relevant for professionals working in the Kharadi employment corridor.

7. Access to Magarpatta

The developer lists approximately 2.8 km to Magarpatta IT Hub, providing another employment and lifestyle advantage.

8. Existing Iris Residences Ecosystem

The broader Iris Residences development already has earlier phases, which can provide buyers with an opportunity to inspect completed/advanced construction, specifications and actual apartment layouts rather than evaluating the developer entirely from a new launch.

9. Listed Lifestyle Amenities

The broader Iris Residences development has been marketed with amenities such as:

• Swimming pool
• Kids’ pool
• Gymnasium
• Children’s play area
• Amphitheatre
• Climbing wall
• Play court
• Banquet/community facilities
• CCTV
• Power backup
• Covered parking

However, buyers must confirm which of these amenities are specifically included within Phase III.

10. RERA Registration

Phase III is registered under MahaRERA No. PR1260002600494, allowing buyers to verify the official project information before booking.

❌ Considerations

1. Phase-Wise Information Can Be Confusing

The broader Iris Residences development has multiple phases with separate RERA registrations.

The developer’s website identifies earlier phases as Phase I and Phase II, while Phase III has its own registration PR1260002600494.

Buyers should make sure that the apartment, amenities and promises shown in the sales presentation specifically relate to Phase III.

2. Phase III Pricing Is Not Publicly Transparent

Housing.com currently shows Price on Request.

Therefore, buyers need a current official cost sheet before determining whether Phase III is competitively priced.

3. Possession Is Still Several Years Away

The listed possession is June 2029.

Buyers needing immediate or near-term possession may prefer ready or advanced-construction alternatives.

4. New Phase Risk

Although Anandtara has earlier Iris Residences phases, Phase III itself is a newly launched project.

Therefore, buyers should still evaluate:

• Construction progress
• Building quality
• Delivery schedule
• Phase-specific approvals
• Amenities
• Handover commitments

5. Mundhwa Traffic

Mundhwa’s strategic location is also one of its biggest practical challenges.

Peak-hour traffic can affect journeys toward:

• Kharadi
• Hadapsar
• Magarpatta
• Pune city
• Airport

6. Future Construction

Mundhwa continues to develop rapidly.

Current open views and surrounding vacant land may not remain unchanged.

7. Phase III Amenity Dependency

If some amenities are shared with earlier phases, buyers need to understand:

• Who owns them
• Who maintains them
• Whether Phase III residents have unrestricted access
• How maintenance charges are divided

8. Maintenance Costs

A project with swimming pool, gymnasium, landscaped areas, security, lifts and other lifestyle facilities can carry recurring maintenance costs.

9. Apartment Size Verification

The Phase III listing gives sizes from approximately 679 to 1,020 sq.ft., but buyers should verify whether the figures being quoted by sales representatives are RERA carpet area, built-up area or another measurement.

10. Investment Price Must Be Justified

The broader Iris Residences project has already seen different price points across portals, including resale/secondary listings. Buyers should compare the Phase III launch price against both new projects and actual registered transactions in Mundhwa rather than relying on asking prices alone.

⚠️ Factors to Evaluate

1. MahaRERA Registration

Phase III is registered under:

• MahaRERA No.: PR1260002600494

Verify:

• Promoter name
• Survey number
• Exact project address
• Building details
• Sanctioned plans
• Carpet areas
• Possession date
• Amenities
• Development permissions

2. Relationship With Earlier Iris Phases

Ask the developer for a clear phase-wise plan showing:

• Phase I boundary
• Phase II boundary
• Phase III boundary
• Shared amenities
• Separate amenities
• Internal roads
• Parking
• Open spaces
• Future development

3. Exact RERA Carpet Area

For the selected apartment, verify:

• RERA carpet area
• Balcony area
• Living/dining dimensions
• Bedroom dimensions
• Kitchen dimensions
• Utility
• Bathroom sizes
• Passage area

4. Floor Plan Efficiency

Check:

• Room proportions
• Passage wastage
• Furniture placement
• Kitchen usability
• Balcony usability
• Natural light
• Cross ventilation
• Bathroom ventilation
• Bedroom privacy

5. Complete Cost Sheet

Obtain a written breakup covering:

• Agreement value
• GST
• Stamp duty
• Registration
• Parking
• Floor-rise charges
• Preferred-location charges
• Infrastructure charges
• Maintenance deposit
• Corpus fund
• Amenity charges
• Other applicable costs

6. Parking

Confirm:

• Number of parking spaces
• Covered/open parking
• Parking dimensions
• Visitor parking
• EV charging
• Parking allocation
• Parking rights in the Agreement for Sale

7. Amenities

Do not assume that amenities advertised for Iris Residences Phase I/II automatically belong to Phase III.

Ask for a written Phase III amenity schedule and verify it against the registered documents.

8. Construction Specifications

Verify:

• RCC structure
• Flooring
• Main door
• Internal doors
• Windows
• Electrical wiring
• Plumbing
• Bathroom fittings
• Kitchen platform
• Waterproofing
• Paint
• Fire safety
• Lift specifications

9. Water Supply

Ask about:

• Municipal water
• Borewell
• Tanker dependency
• Water storage
• Treatment facilities
• Backup arrangements

10. Drainage & Monsoon Conditions

Inspect the site and surrounding roads after heavy rain.

Check:

• Waterlogging
• Basement flooding
• Drainage overflow
• Sewage issues
• Approach-road conditions

11. Apartment Orientation

Compare apartments for:

• Direction
• Road exposure
• Internal view
• Amenity-facing view
• Natural light
• Ventilation
• Noise
• Privacy
• Future obstruction

12. Tower & Floor Configuration

Housing.com currently lists one building with 13 floors and 52 units. Verify this against the latest sanctioned plan before booking.

13. Lift-to-Unit Ratio

For a 13-floor building, confirm:

• Number of passenger lifts
• Service lift
• Lift capacity
• Power backup
• Emergency provisions
• Expected waiting time during peak hours

14. Fire Safety

Verify:

• Fire NOC
• Fire staircase
• Fire alarms
• Fire extinguishers
• Sprinkler systems
• Emergency access
• Fire-fighting equipment

15. Developer Track Record

Inspect Anandtara’s completed/advanced projects and assess:

• Construction quality
• Finishing quality
• Delivery record
• Defect resolution
• Society handover
• Maintenance standards

16. Legal Due Diligence

Before paying a substantial booking amount, have an independent property lawyer verify:

• Land title
• Development rights
• Encumbrances
• Survey details
• Approved plans
• Commencement permissions
• MahaRERA registration
• Building approvals
• Agreement for Sale
• Possession clause
• Cancellation/refund provisions

Should You Buy

Consider buying if:

• You want a 2 or 3 BHK in Mundhwa, East Pune.
• Your workplace is around Kharadi, Magarpatta, Hadapsar or nearby IT corridors.
• You prefer a relatively compact project.
• You are comfortable with possession around June 2029.
• The selected apartment has a good RERA carpet-area-to-price ratio.
• The Phase III price is competitive with other Mundhwa developments.
• You value Anandtara’s existing project presence and want to inspect earlier Iris Residences phases before buying.
• The exact Phase III amenities and shared facilities are clearly documented.
• You are purchasing primarily for long-term end use.

Think twice if:

• You need immediate possession.
• The final price is substantially above comparable Mundhwa projects.
• You are relying on amenities advertised for another Iris phase.
• The exact carpet area is unclear.
• You are uncomfortable with Mundhwa traffic.
• The apartment has significant road noise or poor ventilation.
• You are buying purely for short-term appreciation.
• The developer cannot clearly explain the relationship between Phase III and the earlier Iris phases.
• You have not checked drainage and surrounding infrastructure.

FAQ

1. Who is the developer of Anandtara Iris Residences Phase III?

Anandtara Construction is listed as the developer/promoter of Anandtara Iris Residences Phase III.

2. Where is Anandtara Iris Residences Phase III located?

The project is located in Mundhwa, Pune, within the East Pune corridor connecting toward Kharadi, Magarpatta and Hadapsar. The broader Iris Residences development is associated with the Mundhwa–Kharadi Road/Manjari Bk Road side of Mundhwa.

3. What configurations are available?

Phase III offers 2 and 3 BHK apartments.

4. What is the RERA number?

The project is registered under MahaRERA No. PR1260002600494.

5. What is the possession date?

The currently listed possession date is June 2029.

6. What is the price of Anandtara Iris Residences Phase III?

Housing.com currently lists Price on Request for Phase III. Buyers should obtain the latest official developer cost sheet before booking.

7. What is the 2 BHK carpet area?

Housing.com currently lists a 678.77 sq.ft. carpet-area 2 BHK configuration.

8. What is the 3 BHK area?

Housing.com lists Phase III sizes up to approximately 1,020 sq.ft., with the exact unit-specific carpet area to be verified from the registered floor plan.

9. How large is Phase III?

Phase III is listed at approximately 1.23 acres.

10. How many units are there?

Phase III is listed with approximately 52 residential units.

11. How many towers are there?

Housing.com currently lists 1 building/tower for Phase III.

12. How many floors are there?

Housing.com currently lists 13 floors for the Phase III building.

13. When was Phase III launched?

The project was launched in May 2026.

14. Is Anandtara Iris Residences Phase III under construction?

Yes. Phase III is currently listed as an under-construction/newly launched residential project.

15. Is Phase III part of the earlier Anandtara Iris Residences project?

Yes. Phase III forms part of the broader Anandtara Iris Residences development, but it has its own RERA registration. Buyers should distinguish Phase III’s legally registered amenities and specifications from those of earlier phases.

16. Is Anandtara Iris Residences Phase III close to Kharadi?

Yes. The developer lists the Kharadi IT Hub at approximately 3.4 km from Iris Residences.

17. Is Phase III close to Magarpatta?

The developer lists Magarpatta IT Hub at approximately 2.8 km from Iris Residences.

18. What schools are near the project?

Nearby educational options include The Orbis School, Mundhwa and The Lexicon School in the wider locality.

19. What hospitals are near Anandtara Iris Residences Phase III?

Manipal Hospital, Kharadi and Sahyadri Super Speciality Hospital, Hadapsar are among the healthcare options listed around the project.

20. What amenities are available?

The broader Iris Residences development has been marketed with amenities including gymnasium, swimming pool, kids’ pool, children’s play area, amphitheatre, climbing wall, play court, banquet facilities, CCTV, power backup and covered parking. Buyers should confirm which facilities are specifically included in Phase III.

21. Is Anandtara Iris Residences Phase III suitable for families?

Yes. The 2 and 3 BHK configurations, access to schools and hospitals, and connectivity to Kharadi and Magarpatta make it potentially suitable for families.

22. Is Anandtara Iris Residences Phase III good for investment?

It can be considered for long-term investment because of its Mundhwa location and access to Kharadi and Magarpatta. However, investors should compare the actual Phase III entry price with competing projects and evaluate rental demand, rental yield and future supply.

23. What is the biggest advantage of Phase III?

The key advantage is the combination of Mundhwa location, 2/3 BHK configurations, compact 52-unit development and a June 2029 possession timeline.

24. What is the biggest concern for buyers?

The main concerns are limited public pricing for Phase III, multiple Iris phases, the need to distinguish Phase III amenities from earlier phases, Mundhwa traffic and the under-construction nature of the project.

25. Is Anandtara Iris Residences Phase III better for end use or investment?

It appears more suitable for end users who want a home in Mundhwa and can wait until 2029. Investors should proceed only after confirming that the entry price and expected rental yield are competitive.

26. Should I compare Phase III with other Mundhwa projects?

Yes. Compare it against both new and established Mundhwa projects based on:

• RERA carpet area
• All-inclusive price
• Possession
• Developer track record
• Construction quality
• Amenities
• Parking
• Maintenance cost
• Rental potential
• Connectivity

27. What should I verify before booking Phase III?

Verify the MahaRERA registration, exact survey number, Phase III boundaries, sanctioned layout, RERA carpet area, possession date, complete cost sheet, parking, phase-specific amenities, water supply, drainage, fire safety, title documents and Agreement for Sale.

28. What is the final buying approach?

Treat Anandtara Iris Residences Phase III as a unit-specific end-use purchase. First verify the Phase III RERA documents and distinguish its facilities from earlier Iris phases. Then confirm the exact carpet area and possession date, obtain the complete all-inclusive cost sheet, inspect the actual site and surrounding roads, evaluate the selected apartment’s orientation and ventilation, and compare the final ₹/RERA carpet sq.ft. with competing projects in Mundhwa, Kharadi and Hadapsar.