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      Why HNIs and NRIs Are Investing in Luxury Properties in Pune

      By SQUAREA Knowledge Hub

      Published: April 30, 2025

      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:

      Consistent Capital Appreciation with Strong Future Visibility

      Pune’s luxury housing market stands out for its fundamentals-driven growth, offering upside potential even as other mature metros begin to plateau.

      • Citywide real estate prices in Pune are projected to grow by 15% year-on-year in 2025, outpacing the expected national average of 10%.
      • Prime property rates are projected to rise from ₹12,000 per sq. ft. to ₹15,000 per sq. ft. by 2025.
      • Ultra-premium locations like Koregaon Park are poised to command ₹25,000 per sq. ft. (Financial Express)

      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.

      Infrastructure Growth and Liveability Creating Long-Term Value

      Pune’s luxury real estate story is underpinned by tangible infrastructure improvements and a focus on urban liveability.

      • Ranked second on the Ease of Living Index 2024, Pune offers premium healthcare, educational institutions, and cleaner urban environments.
      • Key projects like the Pune Metro and Outer Ring Road are connecting prime residential hubs to business corridors, driving both accessibility and demand.
      • Metro-linked and ring road-adjacent areas such as Baner, Hinjewadi, and Kharadi have already recorded price appreciation, further reinforcing Pune’s position as a future-ready city for high-end investments.

      Alongside infrastructure and liveability, the ease of ownership and strong rental yields are further strengthening Pune’s appeal, especially for NRIs.

      Global-Standard Luxury, Strong Rental Yields, and Seamless Ownership for NRIs

      Pune’s luxury real estate offers a rare combination of global-standard living, strong rental yields, and easier ownership access for NRIs.

      • Luxury projects in areas like Kharadi, Baner, and Koregaon Park deliver international-standard amenities, right from concierge services to smart automation.
      • Rental yields in Pune’s luxury pockets are higher than the city average, often reaching 3-4.5%, especially near business hubs and metro corridors (Business Standard).
      • Improved real estate regulations and simplified digital transactions have made property ownership significantly easier for NRIs.

      This trifecta makes Pune a compelling entry point for global investors seeking to align lifestyle value with strong investment returns, offering a smarter alternative to traditional luxury centres. Adding to this momentum, Pune is actively catering to the evolving preferences of buyers when it comes to spacious living.

      Pune’s Luxury Market Is Meeting the Rising Demand for Larger, Multifunctional Homes

      Pune’s luxury market is aligning with evolving buyer expectations, offering expansive layouts that seamlessly integrate work, wellness, entertainment, and lifestyle under one roof.

      • The average size of luxury apartments in Pune has expanded from 2,500 sq. ft. in 2023 to 3,200 sq. ft. in 2024.
      • Demand for 4 BHK and larger configurations has increased by 40% year-on-year.
      • The supply of luxury homes is expected to double by 2025, further strengthening the depth of the premium market. (Financial Express)

      Properties that deliver larger, thoughtfully designed spaces are commanding premium pricing today and are poised to see stronger appreciation and rental demand through the next growth cycle.

      Now that we have outlined the structural strengths driving Pune’s luxury real estate market, it is equally important to understand the evolving profile of investors shaping this growth. Pune’s luxury buyer demographic is undergoing a transformation:

      • 55% of luxury homebuyers are now under 40 years of age.
      • 30% of luxury buyers are NRIs or expatriates, bringing global benchmarks for design, service, and sustainability into the city’s premium housing landscape. (Financial Express)

      This younger, internationally aligned buyer base is not only deepening demand but also elevating market standards across design, amenities, and integrated living experiences. Developers are responding by introducing higher-quality, future-ready residences that align with global luxury trends, strengthening Pune’s position as a destination for premium real estate investments. Seizing the right opportunity in this evolving landscape requires expert guidance and a strategic approach.

      And at Squarea, we provide end-to-end strategic investment guidance backed by market intelligence. Our team ensures you invest with clarity, precision, and long-term confidence. Connect with us at hello@squarea.io or call on +91 90 96419641 to access Pune’s most exclusive luxury real estate opportunities, tailored to your aspirations.


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      5 June 2025
      The Greener the Building, the Stronger the Asset: How Sustainability is Reshaping Real Estate in India

      As climate pressures intensify and capital becomes more discerning, the real estate sector stands at a pivotal moment. No longer are sustainability credentials a value-add—they are fast becoming core to asset valuation, tenant attraction, and long-term resilience.

      This World Environment Day, the spotlight is on real estate’s role in delivering decarbonization at scale. According to the International Energy Agency’s 2024 Global Buildings Tracker, buildings now account for 37% of energy and process-related CO₂ emissions worldwide. In India, where urbanization is accelerating, this figure underscores a critical truth: real estate can either amplify the climate crisis or actively mitigate it.

      A shift is underway. What was once an ESG narrative led by compliance is now an investment imperative. The World Green Building Council’s 2024 Global Trends report reveals that green-certified buildings reduce operating costs by up to 14%, with rental premiums of 6–10% in Indian metros. Institutional investors are taking note. CBRE India’s 2024 Green Real Estate Outlook reports that 72% of investors now factor ESG ratings into acquisition strategies, and 63% of occupiers require green certifications for office space selection.

      In Pune, one of India’s fastest-growing real estate markets, this transition is visible across asset classes. Premium residential projects like YOO Pune and YOO Villas, developed in collaboration with global design house YOO, have integrated sustainability into their architectural language. From passive solar design and energy-efficient systems to 5-acre rainforest and rainwater harvesting, these developments aren’t just aesthetic statements—they’re engineered for performance.

      On the commercial front, buildings like EON IT Park, World Trade Center Pune, and Amanora Chambers have embraced LEED and IGBC ratings, focusing on air quality, daylight access, and reduced water usage. This isn’t just about being green—it’s about future-proofing assets for institutional-grade returns.

      Even in new commercial development, the sustainability playbook is being executed with intent. Upcoming Grade-A developments, including Omicron Business Landmarks Kharadi NX, are integrating features like high-efficiency HVAC systems, daylight-responsive lighting, and climate-conscious landscaping. These aren’t superficial add-ons—they’re fundamental to asset longevity and lifecycle value.

      What’s also changing is the role of landscape. No longer ornamental, green spaces are being engineered for thermal comfort, carbon sequestration, and even stormwater management. Think shaded public courts, rooftop rain gardens, vertical green walls—solutions that serve both people and planet, while also reducing long-term energy intensity.

      The financial rationale for all this is clear. According to Knight Frank India’s 2024 ESG Report, commercial green buildings in India experience lower vacancy risks and up to 7% higher yields than non-certified assets. With REITs and institutional funds allocating more capital toward ESG-aligned portfolios, green buildings are quickly becoming the safer, smarter bet.

      At the intersection of real estate and climate action, sustainability is now a proxy for value. It de-risks assets, meets rising regulatory standards, and aligns with stakeholder expectations—from tenants and investors to city planners and financiers.

      As the built environment redefines its role in climate strategy, developers who integrate sustainability from day one aren’t just responding to a trend—they’re shaping the blueprint for future cities.

      4 June 2025
      Work Meets Wellness: Rise of Health-focused Commercial Projects

      India’s commercial real estate sector is undergoing a quiet but powerful shift. While demand for Grade-A buildings, sustainable supply, and infrastructure-led locations continues, there’s a parallel priority that is becoming non-negotiable - Wellness. No longer a soft perk or a branding exercise, wellness is fast becoming the core lens through which commercial spaces are being designed, leased, and marketed.

      As India’s commercial real estate market races towards a projected size of USD 106.05 billion by 2029, growing at a CAGR of 21.10% (Puravankara), this rising wave of wellness-centric workplaces signals not just a trend, but a transformation in how occupiers and investors define long-term value. To understand the emergence of wellness as a strategic priority, it is imperative to first identify the market forces and occupier expectations driving this shift.

      What’s Driving This Transformation?

      The shift toward wellness-driven commercial spaces is not incidental. It is anchored in three powerful macro and behavioural changes.

      • Talent retention has become workspace-led: Post-pandemic realities have recalibrated employee expectations. Natural light, air quality, biophilic design, and ergonomic layouts are now baseline requirements, not bonuses. Wellness impacts productivity, and companies know it.
      • Occupier expectations have evolved: Post-pandemic realities have recalibrated employee expectations. Natural light, air quality, biophilic design, and ergonomic layouts are now baseline requirements, not bonuses. Wellness impacts productivity, and companies know it.
      • Institutional investment is aligning with wellness metrics: Global funds evaluating Indian commercial assets are now using wellness certifications alongside green ratings like LEED and IGBC. This adds a new filter to asset valuation and lease potential.

      These evolving priorities are altering how commercial assets are evaluated. As wellness moves to the forefront, it becomes essential to define what truly sets a health-focused workplace apart from conventional developments.

      What Defines a Wellness-Focused Workplace?

      Wellness-focused commercial projects go beyond traditional aesthetics or green landscaping. They are built around human-centric principles with measurable impact on health, comfort, and performance. Wellness-focused workplaces include:

      • Air, light, and acoustics: Integration of advanced HVAC systems, daylight-maximising facades, and noise insulation contribute directly to cognitive performance and wellbeing.
      • Biophilic and restorative design From indoor green zones and nature-inspired textures to meditation rooms and wellness terraces, design is aligned with stress reduction and mental rejuvenation.
      • Activity and movement: Fitness centres, walking tracks, active staircases, and cycle-to-work infrastructure are integrated to encourage daily physical activity within the workday.
      • Food and hydration access: On-site cafes serving clean, seasonal options and smart hydration stations reinforce the health ecosystem.
      • Certifications: Projects pursuing LEED, WELL, IGBC Health and Well-being ratings show measurable commitment to global benchmarks in health-driven design.

      These features go beyond design, they directly address what today’s occupiers expect and can lead to measurable returns. It is important to assess how wellness integration is influencing both asset performance and tenant experience.

      Key Benefits for Occupiers and Investors

      The integration of wellness is not just a peripheral upgrade, it is emerging as a key performance driver for commercial real estate assets. Across markets, wellness-certified developments are demonstrating stronger leasing traction, longer tenant retention, and higher investor confidence (Business Standard).

      • Improved productivity and retention: Studies show that wellness-certified buildings enhance occupant satisfaction and performance, reducing attrition and absenteeism.
      • Premium leasing and longer lock-ins: Tenants are willing to pay a premium for wellness-certified campuses that support long-term employee engagement and brand positioning (Knight Frank).
      • Future-ready investments: As ESG reporting and corporate wellness strategies go mainstream, assets without wellness integration are likely to face rental stagnation.
      • Higher absorption across sectors: BFSI, IT, and GCCs are prioritising wellness. This is increasing the leasing velocity for such developments and boosting investor confidence.

      With the performance advantages clearly established, wellness is no longer positioned as an optional add-on. The next phase of market evolution will see it embedded into core real estate strategy, both as a competitive differentiator and a resilience-building lever.

      This redefinition is particularly relevant in a high-growth market like India. As the sector moves toward a USD 106 billion valuation by 2029, wellness-focused assets are expected to lead on rental premiums and become central to institutional investment strategies.

      At SQUAREA, we identify and enable access to India’s most forward-looking commercial assets, projects that integrate wellness, ESG, and grade relevance to deliver future-ready performance. To explore wellness-aligned commercial investments that meet global benchmarks and rising tenant expectations, write to us at hello@squarea.io or call +91 90 9641 9641. Let’s align your portfolio with the next chapter of workplace evolution!

      4 June 2025
      Philippe Starck to Armani: Exploring the World’s Top Branded Real Estate Designers

      In today’s ultra-luxury real estate landscape, it’s not just the location that defines value, it’s the designer behind the door. From haute couture to high design, the world’s most celebrated creative minds are now reshaping how the wealthy live, invest, and experience space.

      Branded residences, featuring names like Philippe Starck, Giorgio Armani, Missoni, and Fendi, are no longer niche indulgences. They are aspirational, globally aligned investments where design, service, and scarcity intersect. These homes promise more than just aesthetics, they offer a lifestyle that mirrors the sophistication of their creators. Globally, the appetite for such curated luxury is accelerating and is fast becoming the benchmark for luxury real estate.

      The Rise Of Design-Driven Branded Residences

      High-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs) today are more discerning. For them, the brand story, design integrity, and curated experience hold centre stage. This has propelled the rise of branded homes.

      Across the globe, over 105,000 branded residential units are spread across 750 projects. By 2027, this number is expected to grow by nearly 60% to 1,200 developments, driven by rising demand for curated luxury living (Noesis Capital Advisors). This surge is not just about expansion, it reflects a shift in how design-led living is influencing long-term investment thinking.

      Here’s what makes these branded homes so compelling today:

      • Curated living: Homes come fully managed, with concierge, wellness, and hospitality built-in
      • Global recognition: The brand ensures international appeal and liquidity
      • Performance resilience:Even in emerging markets, branded homes tend to hold better value

      These homes command nearly a 30% markup compared to non-branded peers, underlining the significant pricing power and investment confidence they attract (Savills). This growing preference is not rooted in aesthetics alone, it reflects a deeper alignment with the design language and brand philosophy of globally celebrated creators. It is this creative influence that is now shaping the most iconic residential addresses worldwide.

      Exploring Global Icons Who Are Shaping Branded Residences

      From London to Dubai to Miami, these designers have set benchmarks in how art, design, and living come together under one roof.

      • Philippe Starck - Yoopune, India
      • Starck brought a distinct design sensibility to Yoopune, blending modern interiors with landscaped open spaces. His philosophy of design continues to influence branded residential designs in India across Pune and Bhubaneswar.

      • Giorgio Armani - Armani Residences, Burj Khalifa
      • A masterclass in understated glamour, Armani's influence can be seen in the clean lines, neutral palettes, and meticulous detailing that transform these residences into timeless sanctuaries.

      • Missoni - Missoni Baia, Miami
      • Celebrating colour, pattern, and fashion-forward elegance, Missoni’s Miami project redefines waterfront luxury through a distinctly Italian lens.

      • Fendi - Fendi Château Residences, Miami
      • These residences reflect sophistication, with every interior element crafted to echo the brand’s Roman heritage and artisanal finesse.

      • Mandarin Oriental - One Hyde Park, London
      • One of the most prestigious addresses globally, this project combines cutting-edge architecture with Mandarin Oriental service, creating an unrivalled luxury benchmark in urban living.

      • Bulgari - Bulgari Residences, Dubai
      • Located on Jumeirah Bay Island, these homes integrate Italian design tradition with Middle Eastern opulence, curated by the Bulgari brand and offering private marina access.

      • Ritz-Carlton - The Residences at NoMad, New York
      • In the heart of Manhattan, these residences bring the hospitality giant’s legendary service into full-time ownership, appealing to global citizens who seek familiarity in high-touch living.

        This global momentum is no longer confined to traditional luxury hubs. India is emerging as a compelling destination in the branded real estate landscape, backed by rising affluence, global brand entries, and evolving investor priorities.

      India's Place In The Global Branded Landscape

      While India currently holds just 3% of the global branded residences market, it is poised for significant expansion. As per Noesis Capital Advisors, the number of branded residential projects in India is expected to grow significantly in the near future. This momentum is driven by a new generation of HNIs and UHNIs who view luxury real estate as a strategic tool for wealth preservation and global alignment

      While this growth is pan-India, some regions have emerged as frontrunners in adopting and shaping the branded residence landscape:

      Established branded residence markets in India

      • Mumbai and Delhi NCR: These cities have long been the nucleus of India’s branded real estate footprint, anchored by developments like The Trump Towers. They continue to attract steady demand due to their mature buyer base, prime land, and high asset retention

      Emerging hubs of branded homes in India

      • Pune: With projects like YOO, Pune by Philippe Starck and Trump Towers, Pune has demonstrated early adoption of branded living. Its growing base of first-generation entrepreneurs and global CXOs has made it an ideal second-tier hotspot with long-term capital appreciation potential.
      • Bhubaneswar: DN YOO Odisha, a collaboration between DN Homes and YOO (co-founded by Philippe Starck), is introducing branded living to Eastern India for the first time. Positioned as a high-design offering in a growing economic zone, it signals the decentralisation of India’s luxury housing narrative.

      From Starck to Armani, today’s most influential designers are redefining the global luxury real estate landscape. At SQUAREA, we specialise in identifying branded residences where design excellence is matched by long-term investment merit. Whether you’re securing a signature address in Mumbai or entering an emerging market like Bhubaneswar, our advisory-led approach ensures each acquisition aligns with your financial vision and portfolio goals.

      To explore India’s and Dubai’s most compelling branded residences shaped by the world’s top designers, reach out to us at hello@squarea.io or call
      +91 90 9641 9641.