How Expensive Is It to Buy a House in Pune?

Pune has become one of the most active housing markets in India. The city has seen steady demand due to its IT sector, education hubs, and industrial base. Many professionals working in technology parks and business centres choose Pune because it offers housing across different price levels.

Reports from Anarock and Knight Frank show that Pune has recorded consistent housing demand over the last few years. Areas near IT hubs such as Hinjewadi and Kharadi have seen price growth due to employment driven demand. Data from Property Portals indicates that property prices vary across Pune based on location, connectivity, and proximity to office hubs.

This article explains how expensive it is to buy a house in Pune by looking at area wise price per square foot across major locations.

Hinjewadi

Hinjewadi is one of the largest IT hubs in Pune. It hosts several technology companies and office parks. The average property price in Hinjewadi is around ₹12,900 per square foot. Demand in this area comes mainly from professionals working in nearby offices. Many residential projects have been developed across different phases of Hinjewadi to support this demand. The area also connects to the Mumbai Pune Expressway which supports access to other parts of the city.

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Wakad

Wakad lies close to Hinjewadi and has grown as a residential location for people working in IT parks. The average property price in Wakad is around ₹14,000 per square foot. The area has many apartment complexes and connects to major roads such as the Mumbai Pune Expressway. Its location makes it a preferred option for buyers who want access to Hinjewadi and other parts of Pune.

Baner

Baner has developed into a major residential area in Pune over the last decade. Property prices in Baner are around ₹19,000 per square foot. The area connects to Hinjewadi and Aundh and has seen growth due to its location near IT corridors. Residential demand in Baner is supported by access to offices, schools, and commercial spaces.

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Kharadi

Kharadi is another major IT driven residential location in Pune. It is home to EON IT Park and several office campuses. Property prices in Kharadi are around ₹17,000 per square foot. The presence of large office parks has increased demand for housing in this area. Many residential projects have been developed to accommodate employees working in nearby offices.

Viman Nagar

Viman Nagar lies close to Pune airport and is one of the known residential locations in the city. Property prices in this area are around ₹20,000 per square foot. The area connects to Kharadi and central Pune. Its location near the airport and business zones supports demand for housing.

Kothrud

Kothrud is one of the established residential areas in Pune. Property prices here are around ₹21,000 per square foot. The area has strong infrastructure, schools, and access to other parts of Pune. It remains a preferred choice for buyers looking for housing in developed neighbourhoods.

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Shivajinagar

Shivajinagar is located in the central part of Pune and has both residential and commercial presence. Property prices here are around ₹18,000 per square foot. The area connects to major roads and business districts. Its central location keeps demand steady among buyers.

Kalyani Nagar

Kalyani Nagar is a residential area near the airport and business hubs. Property prices here are around ₹18,900 per square foot. The area has residential projects, offices, and retail spaces. Its location near key roads and business centres supports housing demand.

Koregaon Park

Koregaon Park is one of the known residential locations in Pune. Property prices here are around ₹16,000 per square foot. The area has a mix of residential properties and commercial activity. It attracts buyers due to its location and connectivity.

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Boat Club Road

Boat Club Road is one of the highest priced residential locations in Pune. Property prices here can reach ₹25,000 per square foot and above. The area has limited supply and is located close to central Pune and business districts. This keeps demand and prices at higher levels compared to other parts of the city.

Area Wise Property Price in Pune

Area	Average Price per Sq Ft
Hinjewadi	₹12,900
Wakad	₹14,000
Baner	₹19,000
Kharadi	₹17,000
Viman Nagar	₹20,000
Kothrud	₹21,000
Shivajinagar	₹18,000
Kalyani Nagar	₹18,900
Koregaon Park	₹16,000
Boat Club Road	₹25,000+

Conclusion

The cost of buying a house in Pune depends on the area and its connection to office hubs. Locations such as Kothrud and Boat Club Road have higher prices, while areas such as Hinjewadi and Wakad offer different entry points. IT driven demand continues to shape the housing market in Pune. Areas near office hubs attract buyers due to ease of travel and access to workplaces.