The Pune Property Guide, is one of a kind unique guide which will help you get an overview of various localities in Pune for your investment needs. This property guide provides snapshot for the city's profile, economy, key residential areas, infrastructure projects etc. The idea is to provide vital information about the city so that you take smart decisions to invest in property in a more effective way.

1. Pune
Featured listings in
PUNE
City Overview:
One of the growing cities of west India, Pune is blessed with traditional old economy industries
that continue to play a pivotal role towards growth and development. Government and
private sector, Research Institutes, Manufacturing, Information technology and Automobile
are the pillars of Pune’s economy. Rapid growth of its industrial sector has made Pune one
of the prime real estate hot spots of recent times.
In the last few years, Pune has witnessed defence, engineering and other crucial sectors
making it their headquarters, transforming it into a major industrial centre. Considered
as the greenest urban areas of the nation, Pune has more than 40% of its area covered by
greenery.
After Bangalore, Pune has emerged as the potential destination to home the growing
number of IT companies in the country. Hinjewadi in the west has emerged as a perfect
destination for the upcoming IT/ITes companies in India, since it offers vast vacant land that
is ideal for buil-to-suit offices.
Click Here
Currently, Pune is home to a number of IT/ITes giants, namely TCS, Infosys, Tech Mahindra,
Wipro and Cognizant. The Rajiv Gandhi Infotech Park at Hinjewadi, Blueridge SEZ, Dlf Akruti
IT SEZ and Embassy Techzone have changed the face of Pune into a major IT hub.
Indian highways and state highways constitute connectivity in Pune. National Highway 4
connects Pune to Bangalore, Mumbai and Kolhapur, while NH 9 joins the city to Hyderabad
and NH-50 to Nashik. The State Highway connects the city to Aurnagabad, Ahmednagar and
Alandi.
India’s first six-lane high-speed expressway, the Mumabi-Pune Expressway, has changed the
overall connectivity of the city. Built in 2002, the Expressway has reduced the travel time
between Mumbai and Pune by 2 hours.
Click Here
Local trains in Pune connects it to Lonavala and Pimpri-Chinchwad, while the daily express
trains links the city to Hyderabad, Kochi, Chennai, Kanpur, Jammu, Patna, Mumbai, Delhi,
Coimbatore, Bangalore, Howrah etc.
Pune Metro Rail is in talks with the DMRCL for a more sustained connectivity. The proposed
metro is expected to a blend of underground and elevated sections and the initial routes
are outlined between Vanaz-Ramwadi and Pimpri-Swargate.
PMPML buses offer excellent transport service within the city and its suburbs. In addition
to it, the Maharashtra State Road Transport Corporation also provides buses from main
stations in Pune Station, Shivajinagar and Swargate to all the prime locations in Maharashtra.
Click Here
Click Here
Click Here
Click Here
Click Here
Click Here

2. Infra Projects & Developments
Name of the project
Impact areas
Expected Completion
Date
Remarks
Outer Ring Road I
Theur Phata-Wagholi-Chimbli
2017-18
Reduced travel time
between NH9 and NH50.
Bus Rapid Transit System
(BRTS) project
All over Pune
Outer Ring Road II
Connects Chimbali Phata, NH4
and Pirangut
Completion of phase-I
is expected in 2017-18
North and South of Pune
can be easily accessed
Outer Ring Road III
Pirangut-Sinhagad-Pune
Bangalore Highway
Post 2018
Phase- III will connect West
Pune with the south
Outer Ring Road IV
Katraj-Theur Phata
Post 2018
Will connect NH-4 and
NH-9
Pune Metro Rail Corridor I
Ramwadi-Pune Station-Wanaz
2017-18
Will reduce the heavy
traffic congestion between
West and East Pune
Pune Metro Rail Corridor II
Pimpri Chinchwad-Shivaji
Nagar-Swargate
Post 2018
Presently in approval stage
Key Localities in Pune:
Property Registration:
Locality
Price per sq ft in Q3 2013
Balewadi
6077
Baner
6716
Hadapsar
5297
Hinjewadi
5064
Aundh
7861
Warje
5895
Kalyani Nagar
Pimpri Chinchwad
Undri
Kharadi
Wagoli
7200
4902
4343
5774
4254
 Stamp Duty: 5 percent (on consideration or
market value whichever is higher)

Registration Charge: Up to Rs 30,000 or 1
percent of property rate

VAT: 1% percent (on agreement value)

Service Tax: 2.575% of sale value
Residential real estate market in Pune

Considered as an end-user market, the real estate prices in Pune are generally high and increasing. Increased
input cost of the developers, together with rise in investor’s demand from the peripheral locations of the NRIs
and Pune is what drives the residential real estate demand in the city.

Though the maximum demand was encountered in the Rs 30-Rs 40 lakh category, the supply was not up to
the mark. The Rs 40-60 lakh category witnessed the maximum inventory supply. In comparison to the last year,
carpet and built-up area in the city have elevated by 25-30%.

Demand for residential units in West Pune is emerging from the IT hub, which is located in the Rajiv Gandhi
InfoTech Park, Hinjewadi. Demand in East Pune is mainly being driven by CBDs in Viman Nagar, Cyber City,
Kharadi and Magarpatta.