MENU
fav-icon
 
Compare

If the numbers of the past few years are anything to go by, Pune has been on top of the investment radar for both experienced as well as first-time property buyers. Known as the Queen of Deccan, this city is witnessing a significant rise in housing prices. The prices of flats in Pune have risen by significantly since 2017. It offers its residents many modern housing options at relatively low prices and that’s why it has become a dream for many to buy a house in Pune.

Pune’s Real Estate Market

Here’s an overview of Pune’s real estate market- the drivers, the current trends, latest news, upcoming projects and more.

Pune, the second largest city in Maharashtra is considered to be one of the steadiest real estate markets in the country. Experts reveal that in 2018 Pune is going to witness a great transformation, with mega projects being planned by leading developers in high-growth clusters. Areas like Wagholi, Mundhwa and Hinjewadi will continue seeing a rise in property in Pune due to their commercial prospects and connectivity options alike. Top builders in Pune are transforming the face of real estate in Pune.

Types of Property in Pune

A major buyer segment of the luxury properties in Pune consists of the top management of IT companies and MNCs, as well as entrepreneurs and the NRI investors. A better social life, enhanced security, maintenance and modern amenities are some of the factors that have caused these buyers to shift towards luxury homes in Pune.

As far as luxury housing goes, the most flourishing areas to buy a flat in Pune are Kalyani Nagar, Koregaon Park, Magarpatta, Boat Club Road, Prabhat Road, Sahakarnagar, Salisbury Park, Model Colony, Bhosale Nagar, Sopan Baug, Erandawane and the Aundh-Baner corridor.

Luxury apartments in Pune usually come in configurations of 3 & 4BHKs, which are modelled as sky villas, condominiums, independent bungalows and villas. The residences offer exquisite amenities like terrace decks, pool and cabana, lounge and fresco dining, home automation system and in some cases, even a concierge.

Property Rates in Pune

In the recent years given the city’s development in infrastructure, jobs, amenities and conveniences, Pune’s property rates have been climbing. Given below are the current prices of flats in Pune’s most upcoming and developed localities of Pune.

 

Locality Name

Price range per sq.ft

Avg. price per sq. ft.

Kalyani Nagar

 2,500 - 83,333 / sqft

53,519.71 / sqft

Koregaon Park

 1,000 - 1,73,333 / sqft

 1,14,405.11 / sqft

Viman Nagar

 2,714 - 31,818 / sqft

 19,584.54 / sqft

Hadapsar

 1,713 - 85,761 / sqft

 28,10.19 / sqft

Hinjewadi

 883 - 29,654 / sqft

 11,451.8 / sqft

Wakad

 3,657 - 73,760 / sqft

 41,12.53 / sqft

Kondhwa

 2,375 - 14,091 / sqft

 11,551.13 / sqft

Boat Club Road

 1,200 - 66,745 / sqft

 26,935.69 / sqft

Mundhwa

 3,250 - 1,17,371 / sqft

 34,729.72 / sqft

Kothrud

 4,333 - 17,400 / sqft

 

 14,470.27 / sqft

Shastri Nagar

 5,405 - 27,000 / sqft

 

 21,572.18 / sqft

Magarpatta

 2,000 - 12,000 / sqft

11,74.73 / sqft

 

Prices are indicative. Subject to change.

 

Connectivity

As Pune is one of Maharashtra’s fastest developing metropolises, it has no dearth of transportation and connectivity. Most of Pune’s new projects are connected to well-knit roadways, railways and public transports. Its location and proximity to Mumbai is also one of the reasons why buyers prefer to invest in a property in Pune.

Roadways:

National Highway 4 connects Pune to Bangalore, Mumbai and Kolhapur, while NH9 leads to Hyderabad, and NH50 connects it to Nashik.

The Mumbai-Pune Expressway, India’s first 6-lane concrete, high-speed road spans a distance of 94.5 km and facilitates faster and easier connectivity with Mumbai.

Railways:

Buying a flat in Pune also comes with the benefit of being connected to most of the major cities in India by the rail network. Local trains connect it to Lonavala and Pimpri-Chinchwad, while the daily express trains link the city to Hyderabad, Kochi, Kanpur, Jammu, Delhi, Mumbai, Bangalore, Howrah, etc.

Airways:

The Pune International Airport at Lohegaon offers domestic flights to all the major cities.

Buses:

With PMPML, you can be assured of excellent transport within the city and the suburbs. The MSRTC also provides buses from main stations in Pune, Swargate and Shivajinagar to prime locations in Maharashtra.

 

Key Localities in Pune

On one hand, Pune is extremely modern and on the other, it is surrounded by the culture of Maharashtra. This perfect balance is what makes the top builders in Pune develop more and more properties here.

 

Viman Nagar:

This is a locality of high-rises and a well-established social infrastructure and hence has an impressive liveability score.

Kalyani Nagar:

This is one of the most popular localities among buyers in Pune. Homes are bought in this locality with a view to enjoy world-class infrastructure.

Hinjewadi:

The presence of world-class hotels, restaurants and Technology Park has made Hinjewadi a popular choice for home seekers.

If you wish to own a property in Pune and are searching for ready-to-move-in flats on sale in Pune in the next 2-3 years then it is the best time to invest in Hinjewadi projects.

Wakad:

Located in the western part of Pune, Wakad offers easy accessibility to Mumbai through the Mumbai-Pune Expressway and has now transformed into a bustling neighbourhood. The growth of this locality can be attributed to the Infotech and Biotechnology Park at Hinjewadi, close to the Mumbai-Pune Expressway.

Baner:

Planned roads, rapid urbanization, the establishment of commercial sectors and massive developments have collectively made Baner worthy of investment.

Lodha properties in Pune

Lodha Belmondo

Wake up to the rolling greens of a 45-acre golf course designed by golf legend Greg Norman himself. The extravagant 50,000 sq.ft. clubhouse, offers you every comfort of a global lifestyle, from an exclusive spa to a gourmet restaurant. With tennis, basketball courts, leafy jogging tracks and a picturesque 1 km long riverside promenade, you’ll enjoy every moment of your weekend at Lodha Belmondo in Pune.

The residences at Lodha Belmondo exude all the style you’d expect from an international luxury resort. Located a breezy two hour drive from Mumbai and a short drive from Pune, its right on the Mumbai-Pune expressway. Lodha Belmondo offers you a luxury resort living experience without par. Here you will studio apartments in Pune, 1 BHK, 2 BHK, 3 BHK, 4 BHK, duplex houses in Pune, as well as villas in Pune.
 

Lodha NIBM Pune

Lodha’s first project in Pune will be located at NIBM in South Pune, adjacent to Pune’s pristine cantonment area. The premium project will offer efficient design and high-end finishes, large decks and beautifully designed open spaces. The development will also feature world-class amenities, a hallmark to life at a Lodha development.

Furthermore, the project will have sustainability at its core, enhancing Lodha’s commitment towards providing a better Earth for upcoming generations. The project offers great location with close proximity to top restaurants, schools, hospitals, malls, multiplexes, while also enjoying the peaceful environs of South Pune.

4 Properties matching your search

Ongoing Projects

Residential

The Reserve

fav-icon
resident-image

Possession : Ready Possession,Under Construction

Typology: 4 Beds, Country Houses, Villas

Price: ₹ 2.42 Cr+

Residential

Codename Only The Best

fav-icon
resident-image

Possession : Under Construction

Typology: 2, 3, 4 & 5 Beds

Price: ₹ 88 Lacs+

Residential

Lodha Belmondo

fav-icon
resident-image

Possession : Ready Possession,Under Construction

Typology: Studio, 2 & 3 Bhk

Price: ₹ 55 lac+

Soldout Projects

Residential

Lodha Goldcrest

fav-icon
resident-image

Possession : Sold out

Typology:

Price: ₹3 Cr

MENU
fav-icon
 
Compare
Sort By

Property Type

    Location

     

    Configuration(BHK)

      Budget (Approx.)

      Possession