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Pune, the Oxford of the East, has everything from highly accredited educational institutions to an expanding IT sector to a vibrant culture. The city attracts hundreds of students and working professionals monthly in hopes of a better future and more career opportunities. However, with such a rush, it can be tough to find the perfect flat for sale in Pune that suits your preferences and fits your budget. Square Yards is here to help you with this daunting task with hundreds of property listings at the most affordable costs. Our website ensures that you don’t have to compromise on any amenity or empty your pockets on a flat that does not suit your lifestyle with easy-use filters and verified properties.
Here are the top localities where you can find modern and luxurious flats for sale in Pune:
Kharadi
Kharadi is one of the most exclusive localities in Eastern Pune, with many residential projects and direct connectivity to the Pune Railway Station. Residents enjoy close proximity to the Pune Airport, located just 2 kilometres away, and have direct access to the Ramwadi Metro Station on the Maha Metro Line. Kharadi is well-suited for working professionals. They easily find flats for sale in Pune as it caters to dozens of IT companies, including Reliance, Zensar, TATA, and Wipro. Kharadi has access to a huge network of interconnecting roads and highways, including Magarpatta Road, Pune-Ahmedabad Nagar Highway and Old Mundhwa Road.
Thergaon
Theragaon is one of the most beautiful neighbourhoods in Pune, located along the Pavana River. It is home to Rajiv Gandhi Infotech Park, making it one of the most exclusive places to look for flats for sale in Pune. This locality is seamlessly integrated into the city’s roadmap. It is seamlessly connected to neighbouring residential and commercial areas, such as the Anudh-Ravet BRTS Road, Ganga Aashiyana Road, and Rahatani Link Road. Thergaon is home to numerous schools, hospitals and shopping centres, which makes the lives of its residents very convenient. Some are the Sane Guruji School, Ashraya Nursing Home, Xion Mall and Pristine Square.
Hadapsar
Hadaspar is known for being home to major IT parks in Pune, such as the Commerzone IT Park, EON Free Zone, and SP Infocity. It also has many manufacturing units, including the Hadapsar Industrial Estate and Mundhwa Industrial Area. The locality is surrounded by many major highways and roads connecting the area to nearby residential centres. These routes include the Manjri-Hadaspar Road, Kharadi-Hadaspar Bypass Road and Saswad Road. Residents of Hadaspur enjoy numerous urban amenities, like highly accredited schools and well-maintained healthcare facilities, along with luxury conveniences such as shopping malls and entertainment zones.
Ravet
Ravet is a suburban area of Pune located right at the intersection of NH-48 and Mumbai-Pune Expressway. It is a part of the town’s Metropolitan Area and is also known as the Gateway to Pune. Ravet is easily accessible via the Mumbai Highway, Anudh Ravet BRTS Road and Mumbai-Satara Highway, and is well-served by public transportation facilities, including the Akurdi Railway Station and the Ravet Chowk bus stand. The locality is home to many educational institutions, like the S B Patil Public School, hospitals, Sterling Multispeciality Hospital, and business parks, such as Embassy Tech Zone and Infosys.
Undri
Undri is one of the fastest-developing residential areas of Pune, and it is known for its quiet residential units and major employment hubs. Residents of Undri enjoy the ease of public transportation via the local bus routes and are well-connected to other areas of the town via the Wadachi Wadi Road, Kondhwa-Saswad Road and Katraj-Hadaspar Bypass Road. Undri is in the vicinity of many major business centres, such as the Cybercity Magarpatta, EON IT Park and SP Infocity, making it the perfect place to look for flats for sale in Pune.
Pune, also known as the ‘Cultural Capital of Maharashtra,’ is one of India's most prestigious towns It contributes heavily to the Indian economy due to its ample business opportunities, IT parks, and fast-growing real estate industry. The city is also home to many major business centres and surprisingly has numerous green landscapes in the midst of high-rise buildings and commercial centres. This town offers excellent ROI to real estate investors due to its highly luxurious residential units and never-ending demand for apartments by students and working professionals. Pune offers a serene and calm environment to its citizens who want to grow in their careers and have a perfect work-life balance.
Here are some of the key metrics of Pune which can be beneficial to every investor and resident of the city:
Metric | Information/ Figures |
State | Maharashtra |
Area | 518 sq. km |
GDP | USD 69 Billion |
Official Language | Marathi |
Population | 34 Lakh |
Sub Registrar Office | https://igrmaharashtra.gov.in/Home |
Online Property Details | https://www.pmc.gov.in/en/property-details |
Circle Rate, the ready reckoner rate, is the minimum property selling price the government sets after analysing the home/ land’s location and proximity to major landmarks. As a percentage of the set minimum price, Circle Rate helps determine the exact value of stamp duty. This prevents the owner from losing money in the transaction and helps add to the government's revenue.
The circle rates of the most in-demand localities of Pune include:
Area | Circle Rate (Per Square Meter) |
Kharadi | INR 41,240 to INR 71,880 |
Theragaon | INR 73,060 |
Hadaspar | INR 38,180 to INR 80,930 |
Ravet | INR 46,630 to INR 57,060 |
Undri | INR 49,330 to INR 60,450 |
Stmap duty is a tax levied on any movable or immovable property that contributes to the government’s revenue account and helps develop the localities’ physical and social infrastructure. This tax ensures the legalisation of any ownership transfer, gift deed, or inheritance. A Property Registration charge is also mandatory for any property-related transaction and is usually a set percentage of the transaction value.
The stamp duty and property registration changes in Pune are:
Buyer Type | Stamp Duty Rate | Registration Charge |
Male | 7% (5% for stamp duty, 1% for local body tax and metro cess for 1%) | INR 30,000 for properties above Rupees 30 Lakh and 1% for properties below Rupees 30 Lakh |
Female | 6% (4% for stamp duty, 1% for local body tax and metro cess for 1%) | INR 30,000 for properties above Rupees 30 Lakh and 1% for properties below Rupees 30 Lakh |
The government also allows for a 1% rebate on stamp duty for properties owned by women and a 1% rebate for senior citizens, with a maximum limit of INR 1 Lakh. The value of stamp duty for gift deeds in Pune is 3%, while for lease deeds, it is set to be 5%.
Pune’s real estate market is witnessing one of the fastest-growing years, with a 23% hike in YoY rates for property registrations. Even stamp duty collections for the month of February grew substantially from 517 Crore in 2023 to 620 Crore in 2024. According to a report by Knight Frank India, almost 32% of all real estate transactions were for the housing industry, and most deals were within the price range of INR 25 Lakh and INR 50 Lakh. The sale of properties priced more than INR 1 Crore grew from 10% in February 2023 to 14% in January 2024.
Currently, most homeowners in Pune are between 30 and 45 years old, and 24% of property owners are below 30, implying that more and more young people are looking for flats for sale in Pune.
Property tax is an annual tax charge levied by municipal authorities whose amount varies depending on the property location, type, size, and usage. This tax is usually set higher for commercial zones and business centres and is less for residential units and spaces. Anyone can easily check the total amount to pay the government for property tax in Pune by going to the municipality’s website and filling in some details about the peth name, construction year, type, size, and contact details.