Discover the latest real estate transactions happening in Mahalunge, Pune. Our platform showcases authentic, up-to-date property transaction data, helping you stay informed about recent property sales and market activity in this locality.
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15-Feb-2025
Leave and Licenses
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Mahalunge, Haveli, Pune |
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15-Feb-2025
Leave and Licenses
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Mahalunge, Haveli, Pune |
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15-Feb-2025
Property Transaction
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Mahalunge, Haveli, Pune |
16.1 sq.m
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15-Feb-2025
Leave and Licenses
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Mahalunge, Haveli, Pune |
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14-Feb-2025
Property Transaction
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Mahalunge, Haveli, Pune |
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14-Feb-2025
Leave and Licenses
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Mahalunge, Haveli, Pune |
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14-Feb-2025
Leave and Licenses
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Mahalunge, Haveli, Pune |
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14-Feb-2025
Property Transaction
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Mahalunge, Haveli, Pune |
58.29 sq.m
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Real estate trends in Mahalunge, Pune, indicate steady growth driven by its strategic location and infrastructure development. The area has witnessed a significant increase in inventory supply, primarily concentrated in the mid-segment, with 98% of new inventory being apartments. Prominent builders with active projects include Godrej Properties, VTP Realty, and Kohinoor Group. Trending projects include Godrej River Royale, offering 3 & 4 BHK units, Godrej Hillside and Godrej Green Cove with 1, 2, and 3 BHK options, and VTP Earth One offering 2, 3 & 4 BHK apartments. Other notable projects are VTP Belair, Saheel Itrend Futura, and Mahindra Lifespaces Mahalunge. Investors can find opportunities in under-construction properties for potentially higher returns.
Current property prices in Mahalunge, Pune, exhibit a strong upward trend, making it a profitable location for both buying and selling. The average price of properties ranges from ₹6,650 to ₹11,500 per sq. ft.. Starting prices are around ₹3,520 per sq. ft., with luxury properties reaching up to ₹16,936 per sq. ft.. Property rates have shown an 11.51% rise in the last year. Demand segments are robust, particularly for 1, 2, and 3 BHK apartments, which constitute 97% of the available property. The market caters to IT professionals, families, and investors seeking both capital appreciation and rental income.
Infrastructure and lifestyle in Mahalunge, Pune, are continually developing, enhancing its appeal as a residential destination. Mahalunge is part of the planned 'Mahalunge Hi-tech City' under the PMRDA Town Planning Scheme. It boasts excellent connectivity via the Mumbai-Pune Highway (NH-48) and Nande-Balewadi Road. The area is exceptionally close to major IT hubs like Hinjewadi IT Park (2-13 minutes drive) and is well-connected to Baner (7 minutes drive) and Wakad (13 minutes drive). Pune International Airport is approximately 13.86 km away (40-50 minutes commute), and Pune Railway Station is about 14-17 km away. The upcoming Metro Line 3 will further enhance connectivity, linking Hinjewadi to Shivajinagar with a station adjacent to Balewadi Stadium in Mahalunge. Landmarks include the National Games Village and Shri Chhatrapati Shivaji Sports Complex. Social infrastructure includes reputable schools like VIBGYOR School and The Orchid School, and healthcare facilities such as Jupiter Hospital and LifePoint Multi-Speciality Hospital. Residents have access to shopping malls like D Mart, Balewadi High Street, and XION Mall.
Find answers to common questions about property transactions in Mahalunge
Yes, Mahalunge Pune offers strong real estate investment potential due to its strategic location near IT hubs, robust infrastructure development, consistent property value appreciation (15-20% over three years, 90.88% over five years), and attractive rental yields.
Current property prices in Mahalunge Pune range from a starting price of ₹3,520 per sq. ft. to an average of ₹8,347 per sq. ft., with luxury properties going up to ₹16,936 per sq. ft.. The average sale price is approximately ₹11,500 per sq. ft.. The market has shown a 3% upward trend recently.
Trending projects in Mahalunge Pune include Godrej River Royale, Godrej Hillside, VTP Earth One, Saheel Itrend Futura, VTP Belair, and Mahindra Lifespaces Mahalunge, developed by prominent builders like Godrej Properties, VTP Realty, and Kohinoor Group.
Mahalunge Pune offers excellent connectivity to major job hubs. Hinjewadi IT Park is approximately 2-13 minutes away via NH 48 and Hinjawadi - Wakad Road, and Baner, another commercial hub, is about 7 minutes away. The proposed metro Line 3 will further enhance access to Hinjewadi IT Park and Pune city center.
Mahalunge Pune provides a comprehensive range of amenities within its gated communities and surrounding areas, including shopping malls like D Mart, Balewadi High Street, and XION Mall, reputable schools such as VIBGYOR School and The Orchid School, and healthcare facilities like Jupiter Hospital and LifePoint Multi-Speciality Hospital. Many projects also offer clubhouses, swimming pools, gyms, and landscaped gardens.
Mahalunge Pune attracts a diverse range of buyers, primarily IT professionals due to its proximity to tech parks, families seeking a good living environment with access to schools and hospitals, and investors looking for capital appreciation and rental income given the area's ongoing development and increasing demand.
