Pune is a city in Western India, Maharashtra state. It's known for the IT, automobile, and manufacturing industries. It's also called the "Oxford of the East" due to its prestigious educational institutions. It used to be called Poona until 1978. The city covers an area of 15.642 sq km and has about 7 million people. It's the administrative centre for the Pune district and division, and it's a key part of the Pune Metropolitan Region.

Why Buy Flats/Apartments in Pune?

Pune offers a range of affordable properties to meet different needs. It has good connectivity to Mumbai through the Mumbai-Pune Expressway and is well-connected to nearby cities like Bijapur, Mumbai, Ahmednagar, and Aurangabad.

Pune has also emerged as a prominent IT hub in India, with many multinational companies establishing their offices in the city. It is also known for its vibrant arts and music scene, historical landmarks, and festivals.

Regarding flats, options are available at various price points, catering to investors and homebuyers. In summary, selecting Pune as your investment location ensures you won't compromise on quality, preferences, budget, amenities, or location.

Investment Trend in Pune

With its rich history, vibrant culture, and increasing economic growth, Pune has become a prime destination for local and international investors looking to capitalise on the region's promising property market. Shivaji Nagar (7.3%), Viman Nagar (2.2%), and Lohegaon (1.6%) experienced rising average rates in the last year because of their strategic positions, excellent airport connectivity, and closeness to job centres.

Balewadi (7.4%), Baner (7.1%), and Kharadi (6.3%) saw average rate increases, thanks to their proximity to major employment hubs and ongoing infrastructure improvements. Talking about the popular neighbourhoods in Pune, such as Koregaon Park, have seen a rise of 50.3% in total property appreciation since 2021.

Sqft Price for Top 20 Areas in Pune

Here is the price list for some of the top areas in Pune:

Neighbourhood	Average Price per sqft.
Baner	Rs. 9,700
Wakad	Rs. 7,300
Kharadi	Rs. 8,850
Wagholi	Rs. 5,550
Hadapsar	Rs. 6,750
Pimpri Chinchwad	Rs. 5,950
Hinjewadi	Rs. 7,150
Ravet	Rs. 5,800
Kondhwa	Rs. 6,400
Tathawade	Rs. 6,500
Sinhgad Road	Rs. 6,050
Viman Nagar	Rs. 10,100
Kothrud	Rs. 13,450
Bavdhan	Rs. 7,850
Pimple Saudagar	Rs. 7,800
NIBM	Rs. 6,950
Dhanori	Rs. 6,250
Moshi	Rs.5,500
Balewadi	Rs. 8,900
Punawale	Rs. 5,700

Disclaimer: The mentioned prices are taken from different sources and do not reflect the actual price. The price depends on the offered location, developer, and amenities.

Pune's Real Estate Landscape

Despite being the second-largest city in Maharashtra, Pune offers more budget-friendly property rates than Mumbai. This makes Pune an excellent choice for real estate investments. The real estate projects in Pune come with a wealth of amenities, including shopping malls, movie theatres, renowned educational institutes, and excellent connectivity.

Koregaon Park, one of the priciest areas in Maharashtra, is located in Pune. Known for its luxurious residential properties, high-end amenities, and proximity to business hubs, Koregaon Park stands out as the most affluent area in Pune. The city also boasts luxury projects like Kolte Patil 24K Atria, Pandit Neel Prabha, Kasturi Lords Estate, Pandit Javdekar Almira, Kumar Privie Selena, and Ajmera Aria.

South Pune

South Pune is predominantly a residential area in rapid demand due to its excellent connectivity to MG Road, the Magarpatta IT hub, Pune railway station, and Camp. Areas like Pisoli, Mohammadwadi, Wanowrie, Katraj, NIMB, Kondhwa and Undri are popular residential choices.

Pune South is known for its well-planned layouts, abundant land availability, and numerous reputable educational institutions. Leading developers like Goel Ganga, D.S.K, Salarpuria, Clover, Mittal Group, Amit Enterprises, Marvel, Kolte Patil, Tata Housing, and Godrej have undertaken significant projects in this area.

Some of the residential projects in South Pune include, Saniket The Rising, Sai The Greater Good, and Adhar Amber Plaza

West Pune

The Western Suburbs consist of Hinjewadi, Aundh, Baner, Balewadi, Pashan, Wakad, and Kothrud. The area is in high demand due to its excellent connectivity, strategic location, and its association with the booming information technology sector.

It is home to prominent educational institutions like Sinhagad, Indira College, MIT, and a portion of Pune University. Additionally, you can find luxury hotels like the Seasons, Holiday Inn, and Marriott Courtyard in this area, along with renowned hospitals such as Lata Mangeshkar Hospital, Aundh Chest, Sahyadri, and Medipoint.

Developers like Kolte Patil and Lodha Group have made marks in West Pune. Furthermore, residential projects like Ganga Acropolis, Kolte Patil 24Atria, and Celestial City Phase 2 enhance West Pune.

East Pune

Eastern Suburbs include Wagholi, Viman Nagar, Kalyani Nagar, Kharadi, and Hadapsa. The area is home to some of the leading IT parks in the city, such as EON IT Park (Kharadi) and Magarpatta City.

Eastern suburbs enjoy smooth connectivity to major IT parks, airports and railway stations along with other notable places in Pune, such as Koregaon Park- considered the cultural and retail epicentre of the city. Major builders in East Pune include Kolte Patil, Nyati, Mantra and Guardian.

East Pune includes top residential projects like Marvel Cerise, Brahma Suncity Platinum, and Forest County.

FAQs

What are the top apartment locations in Pune?

Hinjewadi
Baner
Wakad
Balewadi
Tathawade
Koregaon Park
Kothrud

What are the most affordable flat options in Pune?

Kolte Patil Life Republic
VTP Pegasus
VTP Blue Waters
Kolte Patil Life Republic Universe
VJ Yashone Infinitee
Aishwaryam Insignia
Vansh Viva
Vardhman Moonstone
Aishwaryam Insignia
VTP Cygnus

What are the best luxury flats in Pune?

What are the price trends for flats in Pune?

Pune's prime areas show rising property values and a promising future. Demand for 1 and 2 BHK flats is growing, particularly in the mid-segment range of Rs 45-75 lakh. Property rates in Pune increased 2-3% inQ1, with an expected 4-5% growth by year-end.

Who are the best builders in Pune?

Kumar Properties
Goel Ganga Group
Kolte Patil Developers Ltd.
Paranjape Schemes
Majestique Landmark
Kumar Properties
Nyati
Shelter 24 Marvel
Duville Estates
Mont Vert

What are the amenities available in flats in Pune?

24/7 Security
Power Backup
Lifts/Elevators
Parking Space
Gym/Fitness Centre
Swimming Pool
Clubhouse/Community Centre
Guest Accommodations
Proximity to Public Transport
Basic Utilities
Recreational Spaces
MaintenanceServices
Pet-Friendly Facilities
Visitor Management System
Waste Management

What are the upcoming projects in Pune?

Sonigara Presidency
Vilas Javdekar
Saheel Itrend Futura
Kolte Patil Life Republic Atmos
Vilas Javdekar Indilife
Mittal Sky High
Austin Lush Residences
Pristine Life
Vansh Viva

What are the investment tips for flats in Pune?

Choose a location for future growth and development.
Assess the resale value and overall demand of the area.
Ensure that the property has clear legal titles.
Assess the availability of essential amenities in the vicinity.
Research upcoming infrastructure and development projects in the area.
Check for sound connectivity.

What are the names of flats in Pune with modern amenities?

How many 1 BHKs are available in Pune?

There are 156 1 BHKs available in Pune.

How much does a 1 BHK cost in Pune?

The average price of 1 BHK in Pune is ?20 Lac - ?50 Lac

What is the average size of a 1 BHK in Pune?

The average size of 1 BHK in Pune is 300 sqft - 659 sqft.

What is the rent of a 1 BHK in Pune?

The rent of a 1 BHK in Pune is ?8,000 - ?15,000.

How many 2 BHKs are available in Pune?

There are 437 2 BHKs available in Pune.

What is the average size of a 2 BHK in Pune?

The average size of 2 BHK in Pune is 700 sqft - 1000 sqft.

What is the rent of a 2 BHK in Pune?

The rent of a 2 BHK in Pune is ?12,476 - ?36,600.

How much does a 2 BHK cost in Pune?

The average price of 2 BHK in Pune is ?42 Lac - ?1 Cr.

How many 3 BHKs are available in Pune?

There are 168 3 BHKs available in Pune.

How much does a 3 BHK cost in Pune?

The average price of 3 BHK in Pune is ?76 Lac - ?2.25 Cr.

What is the average size of a 3 BHK in Pune?

The 3 BHKs in Pune are available in the average size of 1100 sq ft - 1400 sq ft.

What is the rent of a 3 BHK in Pune?

The rent of a 3 BHK in Pune is ?24,733 - ?75,000.

How many 4 BHKs are available in Pune?

There are 30 4 BHKs available in Pune.

How much does a 4 BHK cost in Pune?

The average price of 4 BHK in Pune is ?1.50 Cr - ?4.75 Cr.

What is the average size of a 4 BHK in Pune?

The 4 BHKs in Pune are available in the average size of 1400 sqft - 1750 sqft.

What is the rent of a 4 BHK in Pune?

The rent of a 4 BHK in Pune is ?50,000 - ?1.6 Lac.

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Baner

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