Pune Property Guide 2026: Prices by Area, Metro Impact, Rents, Stamp Duty, Costs and Buying Checklist
"Pune is one of India's three largest housing markets by sales."
Short answer: Flats in Pune cost about ₹13,550 per sq ft on average in 2026, according to Square Yards listings. That ranges from about ₹5,900 in Talegaon Dabhade and ₹8,100 in Undri to over ₹18,000 in Aundh and Kothrud. Prices are up 51% since 2019 and rising 5% to 6% a year. Pune sold 36,402 homes in January to September 2026, about the same as a year earlier, while launches and unsold stock grew. Rents return about 3.8% a year. Stamp duty is 7% for men and 6% for women, plus 1% registration capped at ₹30,000.
Key takeaways
- Flats average about ₹13,550 per sq ft, from ₹5,900 in Talegaon Dabhade to ₹18,800 in Kothrud.
- Prices are up 51% since 2019 and rising 5% to 6% a year.
- 36,402 homes were sold in January to September 2026, about the same as a year earlier, while launches and unsold stock grew.
- Gross rental yields average about 3.8%; Wagholi is highest at 5.0%.
- Stamp duty is 7% for men and 6% for women, plus registration capped at ₹30,000. Line 3 to Hinjewadi is due from December 2026.
Pune property at a glance
| Measure | Figure | Source |
|---|---|---|
| Average asking price | ₹13,550 per sq ft | Square Yards, September 2026 |
| Weighted average price | ₹10,063 per sq ft, +5% in a year | Knight Frank, H1 2026 |
| Average quoted price, new projects | ₹8,300 per sq ft, +5% in a year | ANAROCK, Q2 2026 |
| Price change since 2019 | +51% | ANAROCK |
| Homes sold, Jan–Sep 2026 | 36,402, about flat | Knight Frank |
| Homes launched, H1 2026 | 31,116, +17% | Knight Frank |
| Unsold homes, June 2026 | 57,879, +19% | Knight Frank |
| 2 BHK rent | About ₹20,000 to ₹40,000 a month in most areas | Square Yards |
| Gross rental yield | About 3.8% | Square Yards |
| Stamp duty | 7% men, 6% women | Maharashtra rates, PMC and PCMC areas |
At about ₹13,550 per sq ft, Pune is the fifth most expensive of the 13 cities in our guides, at about 36% of Mumbai’s average.
Map of areas and metro
Pune has two municipal corporations: the Pune Municipal Corporation (PMC) and Pimpri-Chinchwad (PCMC) to the north-west. The western suburbs (Baner, Aundh, Hinjewadi, Wakad) grew around the Hinjewadi IT parks, and the eastern suburbs (Viman Nagar, Kharadi, Hadapsar, Wagholi) around the airport and the Kharadi and Magarpatta offices. Kothrud and Koregaon Park are older, central areas, and Kondhwa and Undri lie to the south. The Pune Metropolitan Region Development Authority (PMRDA) plans areas beyond the city limits.
Property prices by area
In short: flats in Pune average about ₹13,550 per sq ft. Of the areas in this guide, Talegaon Dabhade (₹5,900) and Undri (₹8,100) are the cheapest, and Kothrud (₹18,800) and Aundh (₹18,200) the most expensive.
Select a column heading to sort. Enter a budget to see how much floor area it buys in each area at the average asking price.
| Zone | |||||
|---|---|---|---|---|---|
| Kothrud | ₹18,800 | +4.1% | 3.1% | West Pune | |
| Aundh | ₹18,200 | +17.3% | 3.0% | West Pune | |
| Viman Nagar | ₹17,100 | +3.8% | 3.9% | East Pune | |
| Baner | ₹16,400 | +4.6% | 3.4% | West Pune | |
| Koregaon Park | ₹16,350 | +8.7% | 4.5% | Central Pune | |
| Kharadi | ₹14,950 | +5.4% | 4.1% | East Pune | |
| Hadapsar | ₹14,950 | +3.6% | 4.7% | East Pune | |
| Wakad | ₹12,700 | +2.5% | 4.0% | PCMC | |
| Pimple Saudagar | ₹12,400 | +6.5% | 3.8% | PCMC | |
| Hinjewadi | ₹11,400 | +0.1% | 4.2% | West Pune | |
| Kondhwa | ₹10,750 | −0.1% | 3.6% | South Pune | |
| Ravet | ₹10,500 | +2.1% | 3.7% | PCMC | |
| Wagholi | ₹8,850 | −1.0% | 5.0% | East Pune | |
| Undri | ₹8,100 | +3.6% | 4.0% | South Pune | |
| Talegaon Dabhade | ₹5,900 | +3.4% | n/a | Outskirts |
Source: Square Yards area pages, June to September 2026. Prices are averages of listed asking prices for apartments, usually on carpet area. Square Yards labels the recent change inconsistently as quarterly or yearly, and large swings, such as Aundh's, reflect changes in which projects are listed. Yields are Square Yards' own figures.
What your budget buys
| Budget | Where to look | Typical size at average prices |
|---|---|---|
| Under ₹75 lakh | Talegaon Dabhade, Undri, Wagholi, Ravet, Kondhwa | About 700 to 1,270 sq ft: a 1 or 2 BHK |
| ₹75 lakh to ₹1.5 crore | Hinjewadi, Wakad, Pimple Saudagar, Kharadi, Hadapsar | About 500 to 1,300 sq ft: a 2 or 3 BHK |
| ₹1.5 crore to ₹3 crore | Baner, Viman Nagar, Koregaon Park, Aundh, Kothrud | About 800 to 1,840 sq ft: a 2 to 4 BHK |
| Above ₹3 crore | Premium towers in Koregaon Park, Kalyani Nagar, Baner and Aundh | Large 3 and 4 BHK apartments |
Calculated from Square Yards average asking prices. Use the budget column in Table 2 for any amount.
Price trends
Pune's prices rose 51% between 2019 and mid-2026, slower than Bengaluru, Hyderabad or the NCR but faster than Chennai, Delhi and Kolkata. Its rental yield rose by 0.65 percentage points, because rents grew faster than prices.
All three measures agree on growth of 5% to 6% a year. JLL found the north and north-east of the city rising fastest.
Area guide
Kothrud
₹18,800 per sq ft · gross yield about 3.1% · 2 BHK rent about ₹36,450 a month. Established western suburb with schools, colleges and the Aqua Line metro. Suits: families wanting a settled, central-west address.
Aundh
₹18,200 per sq ft · gross yield about 3.0% · 2 BHK rent about ₹34,550 a month. Upmarket north-western area with wide roads, malls and quick access to Baner and the university. Suits: professionals wanting a premium, leafy suburb.
Viman Nagar
₹17,100 per sq ft · gross yield about 3.9% · 2 BHK rent about ₹49,300 a month. Premium eastern area next to the airport, with malls and offices. Suits: frequent flyers and professionals in east Pune.
Baner
₹16,400 per sq ft · gross yield about 3.4% · 2 BHK rent about ₹36,450 a month. Upmarket area of high-rises and offices between Aundh and Hinjewadi, on the upcoming Line 3 metro. Suits: tech professionals wanting a premium home near Hinjewadi.
Koregaon Park
₹16,350 per sq ft · gross yield about 4.5% · 2 BHK rent about ₹40,000 a month. Leafy, central area known for restaurants, bungalows and premium apartments. Suits: top-end buyers wanting a central address.
Kharadi
₹14,950 per sq ft · gross yield about 4.1% · 2 BHK rent about ₹37,550 a month. Eastern IT hub around EON IT Park and World Trade Center, with many new towers. Suits: tech workers in east Pune.
Hadapsar
₹14,950 per sq ft · gross yield about 4.7% · 2 BHK rent about ₹36,950 a month. Large south-eastern suburb including Magarpatta City and Amanora Park Town. Suits: families and Magarpatta office workers.
Wakad
₹12,700 per sq ft · gross yield about 4.0% · 2 BHK rent about ₹31,350 a month. Busy suburb between Hinjewadi and the Mumbai–Bengaluru highway, full of mid-sized projects. Suits: people working in Hinjewadi who want shorter commutes.
Pimple Saudagar
₹12,400 per sq ft · gross yield about 3.8% · 2 BHK rent about ₹31,550 a month. Planned residential area in Pimpri-Chinchwad with parks, schools and shops. Suits: families wanting a mature neighbourhood in PCMC.
Hinjewadi
₹11,400 per sq ft · gross yield about 4.2% · 2 BHK rent about ₹26,600 a month. Pune's largest IT park area, getting the Line 3 metro to Shivajinagar. Suits: tech workers and rental investors.
Kondhwa
₹10,750 per sq ft · gross yield about 3.6% · 2 BHK rent about ₹23,000 a month. Southern suburb with mid-priced projects and access to the Pune–Saswad road. Suits: mid-budget families in south Pune.
Ravet
₹10,500 per sq ft · gross yield about 3.7% · 2 BHK rent about ₹23,650 a month. Newer north-western area near the Mumbai–Pune Expressway and Nigdi. Suits: buyers wanting new projects with highway access.
Wagholi
₹8,850 per sq ft · gross yield about 5.0% · 2 BHK rent about ₹25,900 a month. Fast-growing eastern suburb on the Pune–Ahmednagar road with affordable projects. Suits: first-time buyers and investors seeking high yields.
Undri
₹8,100 per sq ft · gross yield about 4.0% · 2 BHK rent about ₹20,200 a month. Southern suburb beyond Kondhwa with large gated projects at lower prices. Suits: value buyers wanting space in the south.
Talegaon Dabhade
₹5,900 per sq ft · 2 BHK rent about ₹19,000 a month. Town on the Mumbai–Pune railway with industrial jobs and low prices. Suits: budget buyers and industrial workers.
Prices, yields and rents: Square Yards, 2026. Descriptions are general; check individual projects.
Rents and rental yield
In short: A 2 BHK rents for about ₹20,000 to ₹40,000 a month. Gross yields average about 3.8%; Wagholi is highest at 5.0%.
A 2 BHK typically rents for about ₹20,000 to ₹40,000 a month. Viman Nagar is the most expensive at nearly ₹50,000. JLL found rents rose about 2% in the year to Q1 2026.
Pune's average yield of about 3.8% is high for a big Indian city. Eastern suburbs such as Wagholi (5.0%) and Hadapsar (4.7%) earn the most, and Aundh and Kothrud the least (about 3%).
EMI or rent?
| Flat price | Down payment (20%) | Monthly EMI | Typical monthly rent | EMI ÷ rent |
|---|---|---|---|---|
| ₹75 lakh | ₹15 lakh | ₹50,186 | ₹23,812 | 2.1× |
| ₹1.25 crore | ₹25 lakh | ₹83,644 | ₹39,688 | 2.1× |
| ₹2 crore | ₹40 lakh | ₹1,33,830 | ₹63,500 | 2.1× |
Owning costs about 2.1 times as much each month as renting the same flat. That gap is smaller than in Delhi or Noida, because Pune rents are high relative to prices.
Each half-point rise in the interest rate adds about ₹3,344 a month to the EMI on this loan, so compare lenders and ask how your rate is linked to the repo rate.
Sales, launches and demand
Knight Frank counted 36,402 homes sold in Pune in January to September 2026, the third-highest of India's eight largest cities and about the same as a year earlier. Launches have run ahead of sales, so unsold stock rose 19% to 57,879 homes by June, about 4.5 quarters of sales.
ANAROCK's figures are weaker: sales fell 15% to 13,100 in Q2 2026, the steepest fall among the seven largest cities, and about 83,800 homes were unsold, or 16 months of sales. The two firms track different projects, so read them together.
Buyers are moving up. Registrations of homes under ₹25 lakh fell from 32% to 25% of the total between January 2025 and January 2026, while homes of ₹50 lakh to ₹2.5 crore gained share. Homes up to ₹1 crore still made up 82% of registrations. Pune registered about 1.86 lakh properties in 2025, and 14,527 in January 2026, down 17% on a year earlier.
Office leasing rose 29% in H1 2026 to 6.6 million sq ft, which supports housing demand in the IT corridors.
Pune vs. Bengaluru vs. Hyderabad
| Measure | Pune | Bengaluru | Hyderabad | Source |
|---|---|---|---|---|
| Average price, Q2 2026 | ₹8,300 | ₹9,450 | ₹8,090 | ANAROCK |
| Price change, 2019 to 2026 | +51% | +90% | +93% | ANAROCK |
| Rental yield change since 2019 | +0.65 points | +1.00 point | +1.00 point | ANAROCK |
Metro, ring road and airport
- Purple Line. Runs 16.6 km from PCMC Bhavan to Swargate, with the last underground section opened in September 2024. Extensions north to Nigdi (approved October 2023) and south to Katraj (approved August 2024) are being built.
- Aqua Line. Runs east to west from Vanaz to Ramwadi, linking Kothrud with the city centre and the eastern suburbs. It meets the Purple Line at District Court.
- Line 3, Hinjewadi to Shivajinagar. A 23.3 km elevated line with 23 stations, built by PMRDA. The first phase, from Maan to Balewadi, is targeted for December 2026 and the full line for March 2027. It should ease the Hinjewadi commute.
- Ring road. A 170 km ring road around the city. The 69 km western stretch was 30% complete in September 2026 and is targeted to open by December 2027, with the eastern section by December 2028.
- Purandar airport. A new airport south-east of the city. The administration held about three-quarters of the 1,216 hectares needed by September 2026, and operations are targeted for around 2029 to 2030.
Stamp duty and buying costs
In short: on a ₹1 crore home, stamp duty and registration come to about ₹7.3 lakh for a man and ₹6.3 lakh for a woman buying alone, in the middle of the 13 cities in our guides.
| Charge | Man | Woman buyer |
|---|---|---|
| Stamp duty | 5% | 4% |
| Local body tax | 1% | 1% |
| Metro cess | 1% | 1% |
| Total | 7% | 6% |
| Registration | 1%, capped at ₹30,000 | 1%, capped at ₹30,000 |
Charged on the higher of the agreement value and the ready reckoner value. Rates differ outside the PMC and PCMC limits, and for joint purchases; confirm with the sub-registrar or the IGR Maharashtra website.
| Cost | Typical amount | Notes |
|---|---|---|
| GST | 5% of price | Under-construction homes only; 1% for homes that qualify as affordable |
| Brokerage | About 1% to 2% | Mainly on resale; negotiable |
| Society transfer charges | Varies | Capped by Maharashtra co-operative society rules |
| Property tax | Annual | Paid to PMC or PCMC |
Banks lend against the property price, so stamp duty, registration and GST usually have to come from your own savings on top of the down payment. Plan for about ₹28 lakh to ₹32 lakh in cash for every ₹1 crore of property.
Buying cost calculator
Stamp duty on the price entered, at PMC and PCMC rates; if the ready reckoner value is higher, duty is charged on that. Excludes society transfer charges, maintenance, interiors and loan fees. An estimate, and not legal or tax advice.
Buyer's checklist
- Check MahaRERA registration. Search the project on the MahaRERA website and read its approvals, timelines and complaints.
- Search the title. Have a lawyer search the title for at least 30 years and check for loans or disputes.
- Check approvals and the occupancy certificate. Confirm building plan approval from PMC, PCMC or PMRDA and, for a ready flat, the occupancy certificate.
- Look up the ready reckoner rate. Stamp duty is charged on the higher of the agreement value and the ready reckoner value.
- Check dues. For resale, confirm society, maintenance, property tax and utility dues are paid and the share certificate transfers.
- Check the water supply. Ask whether the building gets municipal water or depends on tankers, which is common in newer suburbs.
- Visit the site. Visit at rush hour to check traffic, especially on routes to Hinjewadi and Kharadi.
- Budget for all costs. Add stamp duty, registration, GST on under-construction homes, brokerage and interiors.
Ready vs. under construction
| Factor | Ready to move | Under construction |
|---|---|---|
| GST | None | 5% (1% if affordable) |
| Choice | Resale flats in established areas | Many new projects, especially in the west and east |
| Risk | Older buildings may need repairs | Delivery delays |
| Rent or move in | Immediately | After possession, often three to four years |
Outlook for 2026 and 2027
- Steady price growth. 5% to 6% a year on current measures.
- More supply. Launches have outpaced sales, so unsold stock is rising and buyers can negotiate.
- Buyers are moving up. Mid-priced homes are gaining share from the cheapest.
- Better connections. Line 3 and the ring road's western stretch are due in 2026 and 2027.
- Jobs keep growing. Office leasing rose 29% in H1 2026.
The data points to a stable market with modest price growth. No reliable price forecast has been published.
Risks
- Rising unsold stock. Too much new supply could hold back prices in some suburbs.
- Traffic. Commutes to Hinjewadi and Kharadi can be slow until new metro lines open.
- Water supply. Some newer suburbs rely on tankers.
- Infrastructure delays. Metro, ring road and airport dates have slipped before.
- Flooding. Some low-lying areas near rivers and streams flood in heavy rain.
Glossary
- PMC and PCMC
- The Pune Municipal Corporation and the Pimpri-Chinchwad Municipal Corporation, the two city governments.
- PMRDA
- The Pune Metropolitan Region Development Authority, which plans areas beyond the city limits and is building Line 3.
- Ready reckoner rate
- The government's minimum property value per square metre, used for stamp duty.
- Carpet area
- The usable floor area inside a flat's walls. Maharashtra prices are usually quoted on it.
- OC
- Occupancy certificate, confirming a building is fit to live in.
- MahaRERA
- The Maharashtra Real Estate Regulatory Authority, where new projects must be registered.
- Metro cess
- An extra 1% stamp duty charged in cities with metro projects, including Pune.
Frequently asked questions
What is the average property price in Pune in 2026?
The average asking price for flats in Pune was about ₹13,550 per sq ft in September 2026, according to Square Yards listings. It ranges from about ₹5,900 in Talegaon Dabhade and ₹8,100 in Undri to ₹18,200 in Aundh and ₹18,800 in Kothrud. ANAROCK's average for new projects was ₹8,300 per sq ft in Q2 2026, and Knight Frank's weighted average was ₹10,063 in H1 2026.
How much have Pune property prices increased?
ANAROCK's average for Pune rose 51% between 2019 and Q2 2026. In the latest year, prices rose about 5% to 6%: ANAROCK and Knight Frank both put the rise at 5%, and JLL at 6%.
Which is the best area to buy a flat in Pune?
It depends on budget and workplace. Kothrud, Aundh, Baner, Koregaon Park and Viman Nagar are the premium choices. Hinjewadi, Wakad and Baner suit people working in the western IT parks, and Kharadi, Viman Nagar and Hadapsar suit those in the east. Wagholi, Undri, Ravet and Talegaon Dabhade offer the lowest prices.
What is the stamp duty in Pune?
In the Pune and Pimpri-Chinchwad municipal areas, stamp duty is 7% for men, made up of 5% stamp duty, 1% local body tax and 1% metro cess. Women buying in their own name pay 6%. Registration is 1% of the value, capped at ₹30,000. Duty is charged on the higher of the agreement value and the ready reckoner value.
What is the rental yield in Pune?
Square Yards puts Pune's average gross rental yield at about 3.8%, among the higher figures for big Indian cities. It ranges from about 3% in Aundh and Kothrud to 5% in Wagholi. A 2 BHK typically rents for ₹20,000 to ₹40,000 a month, and nearly ₹50,000 in Viman Nagar.
What can I buy in Pune for ₹1 crore?
At average asking prices, ₹1 crore buys about 1,700 sq ft in Talegaon Dabhade, about 1,100 to 1,250 sq ft in Wagholi or Undri, about 800 to 950 sq ft in Hinjewadi, Ravet or Kondhwa, and about 530 to 550 sq ft in Kothrud or Aundh.
Are Pune housing sales falling?
Sales have cooled slightly. Knight Frank counted 36,402 homes sold in January to September 2026, largely unchanged on a year earlier. ANAROCK's figures show a sharper fall of 15% in Q2 2026. Launches rose 17% in H1 2026 and unsold stock rose 19%, so buyers have more choice.
Which metro lines are open in Pune?
The Purple Line runs from PCMC to Swargate and the Aqua Line from Vanaz to Ramwadi. Line 3, from Hinjewadi to Shivajinagar, is due to open its first phase to Balewadi around December 2026 and to reach Shivajinagar by March 2027. Extensions to Nigdi and Katraj have been approved.
When will the Purandar airport open?
The new Purandar airport is still at the land acquisition stage. By September 2026, the district administration had taken possession of about three-quarters of the 1,216 hectares needed. Construction is targeted to start in late 2026, with operations around 2029 to 2030.
Is it a good time to buy property in Pune?
Prices are rising a steady 5% to 6% a year, rental yields are relatively high and supply has grown faster than sales, which gives buyers room to negotiate. New metro lines and the ring road should improve access to the western and eastern suburbs over 2026 to 2028.
Hinjewadi or Kharadi: which is better?
Both are IT hubs. Hinjewadi is cheaper at about ₹11,400 per sq ft and gets the Line 3 metro, but suffers heavy traffic. Kharadi costs more at about ₹14,950, is closer to the airport and city centre, and has a similar rental yield of about 4%.
What should I check before buying a flat in Pune?
Check MahaRERA registration, a title search going back at least 30 years, building approvals and the occupancy certificate, the ready reckoner rate, that society or developer dues are paid, and the reliability of water supply, which varies a lot in Pune's newer suburbs.
Related guides
How we compiled this guide
- Area prices are average asking prices for apartments from Square Yards' area pages, checked between June and October 2026. Asking prices are what sellers list, not final sale prices, and they move as listings change.
- City-wide trends, sales and supply come from research firms such as ANAROCK, Knight Frank, PropEquity, JLL and Crisil, as labelled under each chart. Each firm tracks different projects and periods, so we show their figures side by side rather than combining them.
- Calculated figures, such as floor area for a budget, EMIs (80% loan, 20 years, 8%), rent at a stated yield and buying costs, are our own arithmetic from those sources.
- Stamp duty and registration rates are taken from state rules as reported by the sources listed. Confirm the exact amount with the sub-registrar before you pay.
- Dates. This guide was published on 12 October 2026. We plan to review it in January 2027.
Sources and resources
- Square Yards: Pune property rates and area pages for Hinjewadi, Wakad, Baner, Kharadi, Hadapsar, Wagholi, Kothrud, Viman Nagar
- Knight Frank: India Real Estate H1 2026, nine-month 2026 sales (Construction World), January 2026 registrations (Pune Pulse)
- ANAROCK: Pan India Residential Market Viewpoints, Q2 2026, prices and yields since 2019 (Business Today)
- JLL: Pune residential market, Q1 2026
- Stamp duty: stamp duty and registration in Pune (Birla Estates)
- Infrastructure: Purple Line and Line 3 (Wikipedia), ring road progress (The Bridge Chronicle), Purandar airport land (Punekar News), Purandar airport status (1acre)
- Official portals: MahaRERA, IGR Maharashtra (registration and ready reckoner rates), Pune Municipal Corporation, Pimpri-Chinchwad Municipal Corporation, PMRDA, Pune Metro
This page is general information, and not financial, legal or tax advice. Figures are averages from the sources listed and will differ for individual properties.
