Prestige Estates Projects' subsidiary Prestige Exora Business Parks purchased its partner's land parcel and development rights in Pune's desirable Kharadi neighbourhood. Land of about 4.5 acres was acquired for approximately ₹200 crore.

Volkswagen Group Technology Solutions India has leased a three-story commercial tower in Hinjewadi, Pune, for over five years. In the Embassy Tech Zone of the Rajiv Gandhi InfoTech Park in the second phase of Hinjewadi development, this new office occupies over 123,000 sq ft in the Hudson Block.

Pune is one of India's top locations for high-net-worth individuals due to its booming luxury real estate sector. Pune's combination of history and modern living attracts affluent purchasers. Ghar's data-rich research of Pune's luxury real estate boom will benefit industry experts and fans.

Discover how Pune luxury real estate became a powerhouse. Pune's property market has high-end residences, unique projects, and record sales thanks to the IT and automotive sectors. Ghar discusses Pune luxury real estate's rise from Koregaon Park to Viman Nagar and Kharadi.

Indian cities like Delhi NCR, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, and Kolkata have seen tremendous residential real estate growth. According to a recent survey, selling active unsold home inventory took 22 months in Q1 2024, down 31% from 32 months in 2019.

Election season, a heatwave, and rising property prices slowed Indian home sales in Q2 2024. This reduced unit sales by 8% from the previous quarter, according to a real estate consultancy group.

According to JLL, the time to sell active unsold housing inventory in India's top seven cities—Delhi NCR, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, and Kolkata—has dropped 31%. Due to rising home demand, inventory liquidation took 22 months in Q1 2024, down from 32 months in 2019.

Over the previous six years, unsold flat stock in the Mumbai Metropolitan Region (MMR) has dropped 14%. On Thursday, ANAROCK Research said that unsold apartments fell from 2.23 lakh in the first quarter of 2018 to 1.93 lakh by March 2024.

The Indian residential property market reached record highs in the March quarter due to steady economic circumstances and buyer confidence. JLL India reported record residential sales despite increased borrowing rates and property costs.

Shriram Properties plans to expand in Pune, the second-largest property market in the country due to its rapid growth. Shriram Properties is expanding into Pune as part of its expansion plan.

The Prestige Group wants to develop 1 million square foot residential apartments in Pune in 2024. This enterprise might earn Rs 750–Rs 1,000 crore. Ahmed said the Bengaluru-based developer would launch 3 million square feet of property in Mumbai seeking Rs 15,000 crore in revenue next year.

Birla Estates, the real estate division of the Aditya Birla Group and a subsidiary of Century Textiles and Industries, has entered the Pune residential real estate market by purchasing 5.76 acres of land in Sangamwadi, Pune's central business district.

Godrej Properties has bought a 9-acre property piece in Pimpri-Chinchwad, a residential micro market in Pune. The development will be largely for the purpose of developing a group housing complex

Real estate market in India is back with a bang. That is at least for some of the strong Indian property development brands. One such property developer in India is Godrej Properties which has done a brisk amount of sale in the recent months.

Gera Developments, located in Pune, has entered the US property market with intentions to invest over USD 150 million, or Rs 1,150 crore, in four luxury residential-led mixed-use projects in San Francisco, California.