House for Sale in Pune

Pune, known for its pleasant climate and booming IT sector, has become a prime location for homebuyers. If you are looking for a house for sale in Pune, you can explore many neighbourhoods that provide excellent amenities and offer numerous location advantages. So, if you want an independent house for sale in Pune or prefer an apartment, this city caters to every option. This guide will explore the best place to buy a home in Pune, covering top areas like Talegaon Dabhade, Wagholi, Baner, Lohegaon, Hadapsar, and Aundh. Discover why these localities are perfect for buying a house in Pune.

Best Place to Buy a House in Pune

Numerous localities in Pune offer excellent housing options with top-notch amenities. Here is a list of some of the key places one can explore before buying a house in Pune:

1. Talegaon Dabhade

Talegaon Dabhade is known for its scenic beauty and pleasant weather. It is situated at a high altitude between Mumbai and Pune. It's a strategic location with excellent connectivity via the Mumbai-Pune Expressway and a major railway junction. The area is also a growing industrial hub, with multinational companies like General Motors and Volkswagen setting up plants, making it one of the best places to buy a house in Pune. The combination of natural beauty and industrial growth offers a unique living experience.

House for Sale in Talegaon Dabhade Pune

2. Wagholi

Wagholi is a rapidly developing suburb, popular for its proximity to IT hubs like EON IT Park and Kharadi. This makes it ideal for IT professionals looking to buy a house in Pune. The area features modern amenities and infrastructure, with new residential projects offering affordable housing options. Wagholi's mix of development and affordability makes it a sought-after location for those searching for a house for sale in Pune.

House for Sale in Wagholi Pune

3. Baner

Baner is a busy neighbourhood known for its exciting social scene with numerous cafes, restaurants, and shopping centres. It is a top choice for young professionals and families who want to buy a house in Pune. Its proximity to Hinjewadi IT Park and excellent connectivity via the Pune-Mumbai Expressway make it a convenient location. Baner's modern living and infrastructure attract many homebuyers looking to buy a house. 

House for Sale in Baner Pune

4. Lohegaon

Lohegaon is known for its connectivity, thanks to the Pune International Airport. This area offers a mix of urban and open spaces, making it a great option for those looking to buy a house in Pune. Due to its strategic location and affordable property rates, Lohegaon has been attracting new residential developments. Its combination of accessibility and affordability makes it a popular choice for an independent house for sale in Pune.

House for Sale in Lohegaon Pune

5. Hadapsar

Hadapsar is a dynamic area close to major IT hubs like Magarpatta City and SP Infocity, making it one of the best places for professionals to buy a house in Pune. The area is known for its commercial and residential development, offering various housing options. Hadapsar's thriving business environment and infrastructure make it ideal for those looking for a house for sale in Pune.

House for Sale in Hadapsar Pune

6. Aundh

Aundh is a well-established residential area with excellent connectivity to central Pune. It's a preferred choice for those who want to buy a house in Pune, a neighbourhood with peace and modern amenities. Aundh is known for its markets, diverse living options, and recreational spots, making it a highly desirable location for an independent house for sale in Pune.

House for Sale in Aundh Pune

About Pune

Pune blends modernity with tradition, making it a highly attractive place to live and invest. Known as the "Oxford of the East," Pune is home to numerous prestigious educational institutions, drawing students from across the country. Its IT and manufacturing sectors have turned Pune into an employment hotspot, attracting professionals and boosting demand for housing. 

Real estate in Pune is thriving as more and more professionals and students are shifting here. Because of strategic locations and proximity to IT hubs, areas like Talegoan, Wagholi, and Baner are emerging as prime investment destinations. The city's planned infrastructure developments, including new metro lines and road expansions, promise to further enhance its real estate appeal. Investing in Pune's real estate market is a wise choice, offering immediate and long-term benefits.​

Stamp Duty & Registration Charges in Pune 2024

When you buy a property in Pune, it's important to know about Stamp Duty and Property Registration Charges. You pay the government fees to make your purchase legal and officially recorded. Stamp Duty is a tax on the property, and Registration Charges cover the cost of registering the property in your name. The stamp duty and property registration changes in Pune are given in the table below:

The government offers a 1% discount on stamp duty for properties owned by women and senior citizens, with a cap of INR 1 Lakh. In Pune, stamp duty for gift deeds is 3%, whereas for lease deeds, it is set at 5%.

Current Circle Rate in Pune 

When buying a property in Pune, understanding the circle rate is important. The circle rate is the minimum value the government sets for property transactions in a particular area. This rate helps determine the stamp duty and registration charges you must pay. The table below showcases the circle rate in Pune:

Pune Real Estate Market Trend

Pune’s real estate market is experiencing exponential growth, with property registration rates increasing by 23% year-on-year. Stamp duty collections have also surged, rising from INR 517 crore in February 2023 to INR 620 crore in February 2024. According to Knight Frank India, around 32% of real estate transactions involve the housing sector, with most sales falling in the INR 25 lakh to INR 50 lakh range. Additionally, the sale of properties over INR 1 crore increased from 10% in February 2023 to 14% in January 2024.