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Wednesday, November 7, 2012

Current Property Prices & Availability in Pune

Updated on November 7, 2012:

Maharashtra Times - Pune Property Show 2012,  on 3rd & 4th November 2012, at Sakhar Sankul, Narveer Tanaji Wadi, Shivaji-Nagar, Pune 411005
Maharashtra Times - Pune Property Show 2012, on 3rd & 4th November 2012, at Sakhar Sankul, Narveer Tanaji Wadi, Shivaji-Nagar, Pune 411005

Here is a list of approximate property prices of 1 BHK, 2 BHK, 3 BHK, & 4 BHK Flats in Pune real estate market. Collected in the recent property exhibitions.

Though there is some transparency in Pune real estate market, many builders feel 'shy' to disclose the actual size of the property and the exact all inclusive property price of a flat.

These 'not so confident' builders hide the carpet area of a flat. While quoting the property price, these 'less transparent' builders do not include the floor rise and other premiums, maintenance charges, parking charges and many more charges.

Result is, when you add these hidden charges, you know, the actual price of your property increases substantially.

So, this list will give you only general idea about the current 'basic' property prices. Not the 'actual' property price of any property.

In fact, you may find the phone number, e mail id & a link to the website of the property more useful!

If you book a flat listed here, please, share the 'actual negotiated property price' you paid. Yes, in the comment. More than this list, your comment will help us all. Thanks, in advance!

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Ravi Karandeekar's Top 10 Most Popular Blogs - October 2012

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  1. Good information Sir but How come Undri and Mohammadwadi comes under West Pune!

    Anyway would it be possible for you to write similar blog for South Pune localities like Kondhwa, NIBM etc?

    1. Yes, Niraj. I am planning to cover all areas - including Kondhwa & NIBM. Of course, it will take time. Because, you know, lot of legwork and data entry is involved.

  2. I do see some flats for Aarohi scheme in Sus.
    Can you please write in detail about Aarohi scheme in Sus?
    It has history behind it.
    IT people formed a group and approached the builder. Scheme started like reverse engineering where these IT people were involved in Plan, layout, amenities etc.
    But after that it went into bad patch, builder canceled the bookings as rates started increasing. Even after launching the scheme in 2007, its NOT yet completed. Most of the people have also filed suites in court.
    Can you please write in this forum so that people will be aware of the facts behind this project just like Xbria?

    Rohan Deshmukh

    1. Dear Rohan, I have written a lot about Aarohi & the dispute between ITWAP & Teerth Realties.

      Now, I don't want to write more, because I am angry with ITWAP Group who took my disadvantage.

  3. Information at glance !...Good work Ravi! It gives fairly a good judgement about property prices in various regions..Every time you try to bring in new info..good!

  4. Ravi

    Do you have any blog where you can mention about private investors who have purchased the property and not sold yet. I am looking for something like that.

    These list of all upcoming new inventions/innovations properties are pretty much in all possible un-imaginable places.

    I would like to know, if you invite few investors who want to divest their properties as the buildings they invested in are complete.

    There is huge crowd of these private investors ( Mom and Pop) but are in hiding or at the mercy of the local real estate agent. I have met a few , but through so called real estate agents who pretty much sell anything (land where shaniwar wada is built)

    Trying to find some good people who can offer this information.

    Best Regards

  5. Dear Unknown, if you know marathi, then the following link may help you. http://jahirati.maayboli.com/taxonomy/term/8

  6. Dear Ravi Sir,, I liked your this sentence very much.. that thanks to the real estate investor of Pune, we have rental housing available..If we see the pace of supply that is coming in city in next 5 years, its huge huge by any standards, in terms of several mega townships and couple hundreds of small townships.. so rentals would remain stable for at least around a decade.

  7. Hi Ravi,

    What about projects in Wakad from builders like Kasturi Housing, Nandan, Kalpataru, etc?
    Can you please give us latest reviews and pricing on them?

    Thank you!

  8. Hi Ravi, I believe DSK was also a part of this exhibition for its Punawale scheme. Can you comment on it? It is worth buying?

    Thank you!

  9. Thanks for the excellent info.. really nice to see all the price info at one place.

    Thanks once again.

  10. Awesome updates i realy like such kind of information please keep updates..
    here also some gud project any one may see

    City center sector-32 Noida cheap property in Amore noida

  11. Great Post! It's very nice to read this info from someone that actually knows what they are talking about.Tampa Short Sales

  12. Thanks for the excellent info once again.

    I know you've been posting abt these project time to time. Now as you've posted the price.. could you please starting "rating" these projects & guide us if something can be considered.


    1. Dear Ravi, You know, I am against booking. We must change the way we buy a home. We must stop booking. And start buying only ready possession flats with completion / occupation certificate.

      One can rate a project based on 1) Concept 2) Execution 3) Service. Generally, concept is always OK. But not the execution & service. Most of the projects fail in execution & do not offer any service.

      So, we should not believe in anybody's ratings & recommendations which are generally based on the concept. Including mine.

    2. 100% agree.. wish it can happen in India.

    3. A good "at a glance" information, but the prices seem too high considering the poor social infrastructure especially in places like Mohamadwadi, Undri, Sinhagad Road, Wakad etc

  13. I dont think Nanded city Mangal Bhairav still available ?

    1. You are right, Sushant. Only 3 - 4 A Type 1 BHK Flats are available in Mangal Bhairav. Possession is after 18 months (!).

      Out of 38 buildings in Mangal Bhairav, 34 are opened for booking & are under construction.

      Possession of 9 buildings is given.

      Booking of the last 4 buildings will be opened in 2013.

  14. Thanks for the info...it really gives insight about rates of differnt locations at one time...thanks

  15. i want to buy 1 bhk flat in pune.my budget is around 18-19 lakhs.howz maple woodz wagholi project? should i invest thr? plz reply.

  16. Hello Sir,
    Will you please suggest the 1BHK flat 7 to 8 kms away from Pune City mostly on North West side or East side.

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  20. Ravi,
    Did you observe one thing, this time during daseera, i don't see too many hoarding or too many advertisements or offers in newspapers as it used to be since long time....I think builders have realised just advertisement doesn't help when people don't have enough money to buy it......and soon they will bring down the rates.....it will be interseting to file RTI to know how many flats are registered after daseera...:)

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  22. Thanks for sharing a collaborative information on Pune Property listing.
    This would help a lot !!!

  23. Ravi :(( areas like Mohammadwadi/Undri are demanding rates that match that of Baner/Balewadi...Why is it so???

    I regret not buying earlier now I can never buy i think :((

  24. Nakshatra aangan is charging 50 lakhs for 3 bhk wondering how much would they charge for 2 bhk 40 lakhs or more, Wondering how many will buy at this price except black money investors, and that too the site is all the way at urundwane, I feel the better deal would be to buy at nakshatra scheme by krishnaraj developers near gothawade phata, opposite gudel company as the scheme is located in a good place and the way its coming up is a good work and again 2bhk is affordable and its just 12 kms frm hinjewadi ph -2.

  25. Thanks Mr. Ravi Karandeekar for providing useful informations to all the property buyers in and around pune area

    I contacted Tata Lamontana today for their launch of phase II - 2bhk saleable area 1052.sq.ft. @ Rs.4,450/= plus other charges. Does any one know why the price is so high in Talegaon and for this particular project.

    Please advice.


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  30. Thank you so much Sir, for sharing a collaborative information on Pune Property listing. This would really help a lot !!!

  31. Hi Ravi,

    I don't think Pune Property will give 30 % return as up to 2005, but still it may remain up to 15 %, what u think, is it good to invest or not ?


    1. Don't invest, please. Let the actual home buyers buy. For a investor there are many investment options - like gold, platinum, shares and all. But there is no alternative for a home.

  32. Dear Ravi,

    I have been reading your blog during the past 2 days and am glad that someone like yourself has taken the onus to unlighten people like me who intend to buy a decent abode to live in and not look at it as an investment. During my few weeks of trudging the property markets in Pune, i have realized that a lot of folks with disposable incomes and "black money" :-)....are buying flats at dirty cheap prices and cornering them to inflate the market value.

    I am surprised that we don't have a rule or i'm not aware of one, wherein, 2nd time of n'th time buyer should be charged flats at markets rates or premuim rates to stop hoarding or inflating market prices....It would atleast provide genuine first time buyers like me to avail of an affordable piece of real estate.

    Do keep up the good work that you have embarked upon.

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  34. This comment has been removed by the author.

  35. You are doing a great service for home buyers. Hope you are monetising this in some way.

  36. You are doing a wonderful job in providing all the information that is needed for home buyers. I am regular follower of your blog and gives me a fair amount of information as to what is happening with respect to pune real estate market. Your blog on Xrbia was very informative. Thank you for all your hard work.

  37. Dear Ravi,

    Can you please give me some insight on Sky Heights project on Kondhwa. Also, if somebody has already bought flat in this project please give me your feedback.


  38. Hi Ravi,

    I am planning to buy 2BHK flat at Misty trails or Forest Mist projects at Handewadi Road, Hadapsar.

    Please can you give me feedback on this and builder's reputation of completing project in time, maintenance, work done etc. Also, if somebody has already bought flat in this project please give me your valuable feedback.


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  40. Thank you so much Sir for this great information. I did see only a few project in sus road and balewadi. I would be grateful I get fore info about the on-going and upcoming projects.

  41. Dear Sir , Kasturi housing , Voyage Moshi Pune , opposite proposed convention center , charging very high premium price due to construction quality and inside fittings, layout plan , location compare other nearby projects , almost rs 4800 psf base rate , 50rs /floor rise , 3bhk flat + 2 parking runs in to 97 Lakhs , we have gone thru many projects in same region ,even though it can be termed as comfort project not a luxury project seems a very high premium price , can you pls guide us , will it be a good option for investment ??? , it is seems good option for living in near future once convention center project start in full swing , not sure about appreciation in terms of ROI , rental income is also not 100 % sure , please put forward your kind views in order to help us to take the final decision thanks Neeraj

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  44. Ravi Sir,
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    like 50-50 Payment Plan on Paras Tierea, Assured Return With Home Sun world vandita.

  45. ravi sir, great to see such an exhaustive data at once.. good work..!
    Nevertheless, I am keen near wanowadi area and my budget is around 30 to 40 for 2 BHK. please suggest me some current and upcoming projects in the vicinity please...

  46. Nice blog and the content is quite informative and helpful to explore more about Raj Nagar Extension Flats Price . Thanks for sharing such huge blog post.
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