Pune has once again proven its mettle in the Indian real estate sector by emerging as the most affordable metropolitan city for residential housing among top-tier cities. Backed by robust sales figures and competitive pricing, Pune continues to attract first-time homebuyers, professionals, and investors looking for long-term value and livability.
According to a recent joint report by CREDAI-Pune Metro, CRE Matrix, and IndexTap, Pune topped the charts in residential unit sales for FY25 with 85,707 housing units sold, amounting to Rs 64,238 crore. This remarkable performance cements Pune’s position as a high-demand yet cost-effective residential hub.
Pune’s Housing Market Outperforms in Volume and Affordability
Impressive Sales Volume Across India
The report highlights the comparative strength of Pune’s housing market over other metropolitan areas:
- Pune: 85,707 units | Rs 64,238 crore
- Bengaluru: 65,300 units | Rs 96,663 crore
- Hyderabad: 56,772 units | Rs 97,212 crore
- Mumbai: 49,623 units | Rs 1.09 trillion
- Gurugram: 26,331 units | Rs 1.18 trillion
- Thane: 54,179 units | Rs 35,199 crore
- Noida & Greater Noida: 12,253 units | Rs 34,051 crore
While cities like Gurugram and Mumbai saw higher total values, Pune led in units sold—demonstrating strong demand in the affordable and mid-range segments.
Affordability: Pune’s Key Selling Point
With an average unit price of Rs 75-89 lakh, Pune’s residential properties are significantly more accessible than in other metros:
- Bengaluru: Rs 1.28–1.48 crore
- Hyderabad: Rs 1.71 crore
- Gurugram: Rs 4.51 crore
- Mumbai: Rs 2.21 crore
- NCR: Rs 1.75 crore
“Homeownership is a common aspiration in Pune, allowing many residents to purchase their own homes. In contrast, other metro cities, such as Mumbai, have high property prices that often force people to rent instead of buy,” said Kapil Gandhi, Convenor of CREDAI Maharashtra.
Satellite Townships Driving Growth
A key factor behind Pune’s affordability is the emergence of satellite townships in the city’s outskirts. These integrated developments offer essential amenities like:
- Schools and educational institutions
- Healthcare facilities
- Commercial zones and office spaces
- Parks and green spaces
“The outcome is improved living standards without the premium price tag,” noted Aakash Agarwal, MD of Krisala Developers. “These townships appeal to families and professionals seeking long-term stability and quality of life.”
Quick Highlights Table
| City | Units Sold (FY25) | Sales Value (Rs Cr) | Avg Price per Unit |
|---|---|---|---|
| Pune | 85,707 | 64,238 | Rs 75–89 lakh |
| Bengaluru | 65,300 | 96,663 | Rs 1.28–1.48 crore |
| Hyderabad | 56,772 | 97,212 | Rs 1.71 crore |
| Mumbai | 49,623 | 1,09,000 | Rs 2.21 crore |
| Gurugram | 26,331 | 1,18,000 | Rs 4.51 crore |
| Thane | 54,179 | 35,199 | Rs 65 lakh |
| Noida & Gr. Noida | 12,253 | 34,051 | Rs 2.78 crore |
FAQs: Pune’s Residential Real Estate Market
Q1. Why is Pune considered the most affordable metro for housing?
Pune offers a significantly lower average home price (Rs 75–89 lakh) compared to other metros, making it accessible for a broader section of homebuyers.
Q2. What contributed to Pune’s high residential unit sales in FY25?
Affordable pricing, satellite township development, and a growing IT/industrial sector attracted both investors and first-time buyers.
Q3. How do Pune’s housing prices compare to other cities?
While cities like Gurugram and Mumbai have average prices above Rs 2 crore, Pune maintains affordability under Rs 90 lakh.
Q4. Are Pune’s outskirts suitable for family living?
Yes. Modern satellite townships on Pune’s outskirts offer schools, hospitals, green spaces, and commercial hubs, making them ideal for families.
Q5. Who are the key developers influencing Pune’s housing growth?
Developers like Krisala Developers, Sigma One Landmarks, and others are actively investing in affordable and township-based housing.