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Codename Rainbow Mahalunge

RERA No: P52100031416

Price: 69.49 Lakh Onwards

Codename Rainbow Mahalunge
Next to PICT Mahalunge, Pune
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2BHK

Carpets: 680-784Sqft.

18 Storey Building

Possession: Dec.2026

2 BHK
680/707/758 Sqft
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2 BHK
768/775 Sqft
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2 BHK
771/784 Sqft
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MAHA RERA

* About Project *

Pune, known for its vibrant culture, educational institutions, and booming IT sector, continues to attract real estate developers and homebuyers alike. Among the most recent offerings is the Raanwa Residency Codename Rainbow Mahalunge, a new launch by Balaji Realty. This project vows to rethink extravagance residing with its super sumptuous 2 BHK , intended to take care of the insightful preferences of present day homebuyers.

*Project Highlights *

2 Acres
4/6 Flats Per Floor
200+ Flats in project
20+ World Class Amenities
1 Parking
Yes EV Charging Points

* Amenities *

Gymnasium, Club House, Garden, Kids Play Zone, Indoor Game, Senior Citizen Corner, Multi Purpose Hall, CCTV & Security, Landscape Garden

* More About Project *

Conventional or C 4 X Blocks
Vitrified Tiles
JAGUAR
Non Modular Kitchen

* Project Images *

Codename Rainbow Mahalunge
Codename Rainbow Mahalunge
Codename Rainbow Mahalunge 2 BHK Floor Plan
Codename Rainbow Mahalunge Master Floor Plan
Raanwa Residency Codename Rainbow by Balaji Realty offers a unique opportunity to experience ultra-luxurious living in the heart of Mahalunge, Pune. With its meticulously designed 2 BHK apartments, world-class amenities, and strategic location, the project is set to become a landmark in Pune’s real estate landscape. Invest in Your Dream Home- Whether you are a homebuyer looking for a luxurious and comfortable residence or an investor seeking high returns, Codename Rainbow is the perfect choice. Embrace a lifestyle of luxury, convenience, and community at this prestigious address.
* Centrally Located Project, * Stay Close to Highway, * Near IT Hub Hinjewadi, * Near Metro Station, * Close to Schools, * Close to Malls & Shopping Centers, * Close to Medical Facilities
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* You may compare other ongoing options in vicinity *

Important Points to Consider While Taking a Home Loan:-

1- Loan Eligibility & Financial Planning:
  • * Check your CIBIL score (750+ is preferable).
  • * Ensure you meet the bank’s income eligibility criteria.
  • * Compare loan interest rates (floating vs. fixed rates).
  • * Calculate EMI affordability using a home loan EMI calculator.
  • * Assess additional charges like processing fees, foreclosure charges, etc.
  •  
2- Loan Tenure & Interest Rates:
  • * Opt for a shorter tenure if possible to save on interest.
  • * Floating rates can be beneficial if interest rates are expected to decline.
  •  
3- Down Payment & LTV (Loan-to-Value Ratio):
  • * Banks usually finance 75%-90% of the property value; the rest is your down payment.
  • * Higher down payments reduce loan burden.
  •  
4- Hidden Costs & Additional Charges:
  • * Stamp duty & registration charges (varies by state).
  • *GST (only on under-construction properties, not resale properties).
  • *Legal fees, maintenance deposits, parking charges, club membership fees, etc.
  •  
5- Loan Pre-Approval & Disbursement Process:
  • * Get pre-approved to know your eligibility and budget.
  • * Check the time required for disbursement (important for under-construction projects).
  •  
6- Builder/Developer Verification (For Under-Construction Projects):
  • * Check the RERA registration of the project.
  • * Verify past projects of the developer.
  • * Ensure the developer has a tie-up with banks (easier loan processing).
  •  
7- Resale Property Considerations (Buying from an Investor):
  • * Ensure the property has a clear and marketable title.
  • * Check for pending loans or legal disputes.
  • * Verify the age of the property and structural condition.
  • * Confirm society dues, property tax clearance, and utility bill payments.
Home Loan EMI Calculator

Home Loan EMI Calculator

Your Monthly EMI: ₹0

Total EMI (with Existing Loan): ₹0

Total Interest Payable: ₹0

Total Payment (Principal + Interest): ₹0

Get Connected To Ask Your Home Loan Queries
Major Documents to Verify Before Finalizing the Property Purchase:-
1- Property Title & Ownership Verification:
  • * Title deed (Sale deed, Gift deed, Will, or Partition deed) – Ensure a clear title.
  • * Encumbrance certificate (EC) – Confirms no pending loans or legal claims.
  • * Previous sale agreements (for resale properties).
  •  
2- Legal Approvals & Sanctions:
  • * RERA Registration Certificate (for new projects).
  • * Approved building plan & Commencement Certificate (CC).
  • * Occupancy Certificate (OC) – Required for ready-to-move properties.
  • * Completion Certificate (CC) – Confirms construction is per the sanctioned plan.
  •  
3- Land-Related Documents:
  • * Property tax receipts – Check if taxes are paid regularly.
  • * Mutation records (7/12 extract, Khata certificate) – Verify ownership history.
  •  
4- Loan & Financial Documents:
  • * Bank NOC (if under loan) – Ensure there are no pending loans.
  • * Home loan sanction letter & agreement.
  • * Payment receipts from the builder (for under-construction properties).
  •  
5- Society & Utility Clearance (For Resale Properties):
  • * Society NOC – Confirms no outstanding dues.
  • * Electricity, water, and gas bill clearance.
  •  
6- Sale Agreement & Possession Letter:
  • * Agreement to Sell – Outlines payment schedule & terms.
  • * Possession Letter – Provided by the builder after full payment.
Final Checklist Before Buying ✅:-

✔ Verify RERA registration (for new projects).
✔ Ensure the title is clear and marketable.
✔ Check legal approvals & sanctions.
✔ Confirm loan eligibility & hidden costs.
✔ Inspect property age, condition & society dues (for resale).
✔ Get an advocate to verify documents before finalizing.

Disclaimer : The content provided on this website is for information purposes only and does not constitute an offer to avail any service. The prices mentioned are subject to change without prior notice, and the availability of properties mentioned is not guaranteed. The images displayed on the website are for representation purposes only and may not reflect the actual properties accurately. Please note that this is the official website of an authorized marketing partner. We may share data with Real Estate Regulatory Authority (RERA) registered brokers/companies for further processing as required. We may also send updates and information to the mobile number or email ID registered with us. All rights reserved. The content, design, and information on this website are protected by copyright and other intellectual property rights. Any unauthorized use or reproduction of the content may violate applicable laws. For accurate and up-to-date information regarding services, pricing, availability, and any other details, it is advisable to contact us directly through the provided contact information on this website.
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Codename Rainbow Mahalunge

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