What is the average property price in Pune right now?

Pune's average asking price stood at around ₹12,950 per sq ft as of March 2026, up from ₹10,600 per sq ft in June 2025, reflecting steady rather than speculative growth.

Which is the most expensive locality in Pune?

Pune Central commands the highest average asking price among the city's micro-markets, at roughly ₹15,700 per sq ft, followed closely by East and West Pune corridors like Kharadi, Baner and Hinjewadi.

Where has Prestige Group launched projects in Pune?

Prestige Group's Pune footprint is currently centred on Kharadi, on the Mundhwa-Kharadi Road, with commercial developments already operational and a residential launch planned for the same growth corridor.

Is Prestige Group building residential or commercial projects in Pune?

Both. The group first entered Pune with large commercial acquisitions in Kharadi and is now preparing its first residential project in the city, with an estimated revenue potential of ₹750-1,000 crore.

What is the rental yield on residential property in Pune?

Pune's residential rental market currently delivers an average yield of around 3.8%, with some IT-corridor micro-markets touching 5-6% depending on unit type and proximity to office parks.

Is Kharadi a good locality for investment?

Yes. Kharadi sits alongside Hinjewadi as one of Pune's two major tech centres, hosts the EON IT Park SEZ, and has seen manufacturing and financial companies set up global centres there in recent years, keeping both rental and resale demand strong.

How is the Pune Metro affecting property prices?

Homes within roughly 500 metres of metro stations have shown 15-20% appreciation over two years, compared to 8-10% just a few kilometres away, making metro-adjacent projects a clear pricing differentiator.

What loan and RERA protections apply to Prestige projects in Pune?

Prestige projects in Maharashtra are developed under MahaRERA compliance, which mandates timeline disclosures and penalties for delays, and major lenders including SBI and HDFC typically approve home loans for the group's projects.

Which Pune localities are best for affordable entry-level homes?

Peripheral belts such as Wagholi, Moshi, Talegaon Dabhade and Chakan currently offer rates between ₹5,000-₹8,000 per sq ft, making them the go-to option for buyers priced out of central and IT-corridor localities.

Is now a good time to buy in Pune?

With infrastructure delivery accelerating, inventory at healthy levels, and prices appreciating steadily rather than sharply, 2026 is considered one of the more favourable entry windows for buyers targeting well-chosen growth corridors.

Prestige Pune – New Projects In Kharadi & Hinjewadi

Infrastructure has driven every real estate cycle in Pune over the last two decades, and 2026 is no exception, with several large transit projects converging at once. Metro Line 3 connecting Hinjewadi to Shivajinagar is set to cut what is currently a near two-hour commute down to about forty minutes once fully operational, and homes within 500 metres of upcoming stations have already shown appreciation well above the citywide average. Newly approved Metro Lines 4 and 4A add another 31.6 km of route, tying Kharadi, Hadapsar, Swargate, Khadakwasla and Warje into a single east-west transit grid.

Beyond metro expansion, the Ring Road project and steady upgrades to Nagar Road, the Mundhwa-Kharadi stretch, and the Pune-Solapur corridor are unlocking peripheral growth belts such as Wagholi, Bhugaon, and Kiwale. Pune International Airport remains a key locational advantage for East Pune micro-markets like Kharadi, with several projects in the belt sitting within a 15-20 minute drive of the terminal, reinforcing why developers are concentrating their commercial and residential launches along this corridor.