Mahagun
Est. 1996 · Noida, UP · Privately held · Delhi NCR
🗓Published·Updated·Edited by Rakesh Mahajan
Company overview
Who is Mahagun?
Large Noida group-housing operator across mid and premium bands (Moderne, Medalleo).
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Completed projects (not disclosed)
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Sq ft delivered (not disclosed)
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Ongoing projects (not disclosed)
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Upcoming projects (not disclosed)
Our ratings
Builder Score Card
We have published one overall judgement for Mahagun rather than five separate assessments. The dimensions below are derived from it, and are shown for comparison only.
On-time delivery: Not publicly documented — ask for the delivery history of the developer's last three projects.
At a glance
Mahagun in Numbers
Mahagun is a privately held developer founded in 1996, headquartered in Noida, UP, active mainly in Delhi NCR. We rate it 3.4/5 overall — mixed — which ranks 127th of the 212 developers we profile and ahead of 33% of them.
Benchmarking
How Mahagun Compares
Each rating against all 212 developers we profile and the 62 in Delhi NCR.
| Rating | Mahagun | Delhi NCR average | Better than |
|---|---|---|---|
| Construction quality | 3.3/5 | 3.2/5 | 32% of developers |
| Delivery record | 3.2/5 | 2.9/5 | 33% of developers |
| Customer satisfaction | 3.2/5 | 2.9/5 | 33% of developers |
| Financial strength | 3.1/5 | 2.9/5 | 33% of developers |
| Trust | 3.4/5 | 3.1/5 | 33% of developers |
Where a builder has not been separately assessed on a dimension, the figure shown is derived from its overall rating. It is a like-for-like comparison, not five independent judgements.
Buyer guidance
Should You Buy a Mahagun Project?
Mahagun carries more risk than most developers we rate. If you are considering one of its projects, favour completed or nearly completed towers, check its debt and cash flow, or credit ratings and company filings if it is privately held, confirm the project's escrow account and RERA progress, and avoid large upfront payments.
Check before you book
- RERA registration and quarterly progress for the exact project and tower you are buying.
- Credit ratings and company filings, because Mahagun is privately held and does not publish audited results.
- That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
- Financial strength: check its debt and cash flow, or credit ratings and company filings if it is privately held.
The bottom line
Our Verdict
Volume operator with acceptable quality; check tower-specific maintenance in older phases.
Portfolio
Notable Projects
Key Mahagun projects as the builder publishes them. None has a PropertyNivesh research page yet.
Questions
Mahagun: FAQs
Is Mahagun a good builder? ＋
We rate Mahagun 3.4/5 overall — mixed. Volume operator with acceptable quality; check tower-specific maintenance in older phases.
Is Mahagun a listed company? ＋
No. Mahagun is privately held, so detailed financials are not published; check credit ratings and company filings where available.
Does Mahagun deliver on time? ＋
Mahagun has not published an on-time delivery figure we could verify — ask for the delivery history of its last three projects.
How many projects has Mahagun completed? ＋
Mahagun has not published a completed-project count that we could verify.