Known as the “Oxford of the East”, Pune is well-known for its quality educational institutions, career development opportunities, hospitality, a pleasing environment, and much more. With many residential projects in different suburbs offering modern infrastructure, connectivity, and convenience, Pune’s real estate market is booming.
Situated in Pune’s eastern corridor – on the scenic banks of the Mula – Mutha Rivers – Kharadi has captivated the interest of investors, real estate developers, and residents alike. This bustling suburb is home to some of the finest residential spaces Pune has to offer, guaranteeing that you will never regret investing in Kharadi.
But what makes investing in Kharadi worth every penny?
The strategic location of Kharadi – in the centre of Pune – means that it is easily accessible from across the city. A bypass road via Kharadi also connects the Pune-Ahmednagar state highway and the Pune-Solapur national highway. The NH-753F also connects Kharadi to Pune Junction (11 km) and Pune Airport (7 km) for easy travel.
A well-designed road network ensures easy access to prime areas of Pune, including Koregaon Park, Viman Nagar, Kalyani Nagar, Magarpatta, Cyber City, and many more. This, combined with the new Pune Metro connectivity and a robust public transportation infrastructure, makes Kharadi a preferred location for prospective home buyers.
Kharadi has been on Pune Municipal Corporation’s development radar for the last several years, resulting in excellent civic infrastructure and road projects. Additionally, Kharadi also offers a well-developed social infrastructure that can support a luxury lifestyle.
Here are just a few examples of booming social infrastructure in Kharadi:
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Kharadi has been recognised as one of the best upcoming micro-markets in Pune. Development of new IT, commercial, and business spaces has also resulted in Kharadi being designated as a Special Economic Zone (SEZ), EON Knowledge Park, and EON Free Zone.
The notable IT parks in Kharadi include:
· EON IT Park
· Kharadi IT Park
· World Trade Centre
· Zensar Technologies
· Cerebrum IT Park
· Cybercity
In addition to various MNCs – including TATA, Wipro, Reliance, and Barclays—establishing offices in Kharadi, it is also close to major employment hubs like Magarpatta, Mundhw, and Keshav Nagar.
With its proximity to major employment hubs in Pune and ample social infrastructure, Kharadi has become a residential and rental hotspot. Its strategic location has led to many developers offering a variety of residential options, from simple, affordable homes to luxury apartments. And with many major real estate developers investing in Kharadi, it has the potential to accommodate the influx of population brought on by employment opportunities.
Kharadi has a lot to look forward to, including a proposed 43-acre IT Park, the Hadapsar-Kharadi metro corridor, an upgrade of the road infrastructure, and numerous beautification projects.
On top of these, experts estimate an approximate 12% yearly growth in Kharadi property values, making it a worthwhile investment if you are looking for a high return on your real estate investment.
So are you ready to call Kharadi your home? Get in touch with the Square team to invest in luxury homes in Kharadi. For more details on this subject, please email hello@squarea.io
For India’s growing base of high-net-worth individuals (HNIs) and globally placed Non-resident Indians (NRIs), Pune’s luxury real estate market today stands out as one of the most strategically positioned destinations.
This momentum is not speculative, it is anchored in clear market fundamentals. Luxury housing sales in Pune recorded a remarkable 450% year-on-year growth during January–June 2024, signalling deep, sustained demand at the top end of the market (Hindustan Times).
Driven by rising global connectivity, evolving buyer profiles, and robust infrastructure upgrades, Pune has transitioned from a promising market to a leading choice for luxury investments. As these dynamics continue to strengthen, Pune’s appeal for strategic investors is only set to grow. Here’s why HNIs and NRIs are increasingly turning to Pune’s luxury segment for smart, future-proof investments:
Pune’s luxury housing market stands out for its fundamentals-driven growth, offering upside potential even as other mature metros begin to plateau.
This layered appreciation, across both citywide averages and prime luxury pockets, offers HNIs and NRIs a compelling combination of capital security, steady upside, and future asset scarcity. Building on strong price fundamentals, Pune’s broader infrastructure transformation is adding even greater depth to its luxury housing market.
Pune’s luxury real estate story is underpinned by tangible infrastructure improvements and a focus on urban liveability.
Alongside infrastructure and liveability, the ease of ownership and strong rental yields are further strengthening Pune’s appeal, especially for NRIs.
Pune’s luxury real estate offers a rare combination of global-standard living, strong rental yields, and easier ownership access for NRIs.
The global luxury real estate market is on an upward trajectory, valued at approximately USD 276.5 billion in 2024 and projected to reach USD 504.5 billion by 2033, growing at a CAGR of 6.9% over the next decade (Business Research Insights). Closer to home, India is also witnessing a significant surge in luxury real estate, with high-net-worth individuals increasingly viewing premium properties as strategic assets for wealth preservation and lifestyle enhancement.
To navigate this evolving landscape effectively, it's essential to understand what truly defines a luxury home in today's context.
Defining Luxury Homes: Beyond Price Tags
While price plays a role, a true luxury home is defined by a thoughtful blend of design, comfort, and functionality, elements that go well beyond the price tag. Here’s what typically characterises a luxury residence:
These features not only elevate the everyday living experience but also contribute to the property's long-term value. This growing emphasis on experience, exclusivity, and future value is now shaping buyer preferences across key Indian markets as well. India’s luxury real estate segment is evolving rapidly, fuelled by rising affluence, global exposure, and a renewed focus on lifestyle-driven investment.
The Indian Luxury Real Estate Market
India's luxury real estate sector has experienced significant growth in recent years. Notably, homes priced at ₹4 crore and above recorded a 37.8% year-on-year increase in sales during the first nine months of 2024, as reported by CBRE. In cities like Mumbai, the ultra-luxury segment has demonstrated remarkable performance. According to JLL, 69% of all homes sold above ₹100 crore in the past three years, amounting to ₹7,500 crore in sales, were concentrated in Mumbai. This underscores the city’s continued dominance in this space.
However, this growth is not limited to Mumbai alone. Cities such as Pune, Delhi NCR, Bengaluru and Hyderabad are witnessing a similar uptick, with increased absorption of high-value luxury residences. The luxury segment across India is no longer a niche, it is now a defined and expanding market, driven by a wider base of affluent buyers. This surge in demand is fueled by both end-users and investors. With the market's robust performance, it’s worth looking at why luxury real estate is a strong investment choice.
Investment Potential for Luxury Real Estate
Luxury real estate in India has emerged as a compelling investment avenue, offering both capital appreciation and rental income opportunities.
This reflects the twin advantages of India’s luxury real estate segment: the ability to build long-term wealth through capital gains and the opportunity to generate steady income from high-quality tenants. This balanced performance positions luxury property as a strategic and future-focused asset class for investors.
In a maturing market like India, where discerning buyers are increasingly viewing property through the lens of both legacy and investment, the right luxury asset must deliver on every front: location, design, performance, and purpose.
At SQUAREA, we understand that luxury is not just a matter of aesthetics, it's about foresight, strategy, and curation. Whether you are expanding your portfolio or acquiring a statement address, our experts are here to guide you with tailored insights and access to India’s most exclusive properties. For personalised assistance, reach out to us at hello@squarea.io or call +91 90 9641 9641.
Pune has quietly transformed into one of India’s most dynamic luxury real estate markets. Once seen as a haven for retirees and industrialists, the city has evolved into a thriving hub of cosmopolitan affluence driven by a new generation of tech entrepreneurs, global executives, and lifestyle-conscious buyers.
In fact, Pune, Mumbai, and Delhi-NCR together accounted for 66% of all luxury home sales in Q4 2024, a clear testament to Pune’s consistent presence among India’s top-performing luxury housing markets (CBRE). What sets Pune apart isn’t just the inventory - it’s the quality of life, the architectural evolution, and the consistency in demand from India’s growing base of high-net-worth individuals.
Let’s explore the micro-markets and momentum behind Pune’s luxury housing ascent.
Pune is no longer an emerging luxury location, it is actively setting benchmarks for space, scale, and sophistication. In 2024 alone, the city saw 4,628 luxury units launched, a 17% increase over 2023 and a remarkable 12x jump compared to pre-COVID 2019 levels. At the same time, high-end residential launches accounted for 2,650 units in Q4 2024, forming 26% of all new launches in the city, further cementing Pune’s growing dominance in this space (Cushman & Wakefield).
These impressive launches are being swiftly absorbed, particularly in well-established micro-markets and gated communities. Behind this absorption lies a clear shift in buyer priorities towards larger, more adaptable homes that align with evolving lifestyle needs.
One of the most compelling shifts in Pune’s luxury market is the growing preference for larger living spaces. The buyer today isn’t just looking for status, they’re looking for functionality, privacy, and the flexibility to accommodate work, wellness, and entertainment under one roof.
According to The Financial Express, the average size of luxury apartments has grown from 2,500 sq. ft. in 2023 to 3,200 sq. ft. in 2024. That’s a significant leap in just a year, an indicator of changing lifestyle priorities and rising aspirations. Moreover, even the demand for 4BHKs and above has risen by 40% year-on-year. This paradigm shift underscores that today’s luxury buyer wants more than just a home, they want an ecosystem of comfort and adaptability. This trend is shaping the blueprint of new launches across Pune’s top neighbourhoods, where expansive layouts and multifunctional spaces are now the norm.
What makes Pune unique is the depth and diversity of its luxury neighbourhoods. Each zone has its own story, but all of them meet the same core criteria: connectivity, lifestyle, exclusivity, and appreciation potential. Here are the best localities for luxury homes in Pune:
Each of these neighbourhoods offers a distinct blend of luxury, comfort, and investment potential, making Pune a compelling destination for high-end real estate investments. As per industry forecasts, property prices in these areas are projected to touch ₹15,000 per sq. ft. by 2025, with ultra-luxury residences commanding ₹25,000 per sq. ft. For investors, that signals both price growth and strong rental yield.
The future of luxury housing in India is being shaped by cities that blend opportunity with a high liveability quotient, and Pune is among the frontrunners of this transformation. Pune has consistently ranked among India’s most liveable cities, underpinned by its balance of urban development, infrastructure, and lifestyle. According to the Ease of Living Index 2024, the city secured the second position nationwide with a score of 66.27, evaluated across parameters such as quality of life, economic ability, and environmental sustainability. The city offers a rare blend of connectivity, urban greenery, and long-term value, making it not just a smart investment but a meaningful lifestyle upgrade.
At SQUAREA, we curate the most exceptional luxury properties in Pune across Kharadi, Koregaon Park, Kalyani Nagar, and other prime locations. Whether you are upgrading your lifestyle or diversifying your investment portfolio, we offer expert and professional guidance. Discover Pune’s top-performing gated communities, branded residences, and ultra-premium homes, all in one place.
Contact us at hello@squarea.io or call +91 90 9641 9641 to explore the city’s most coveted addresses. Your next luxury investment starts here - with SQUAREA!