Real Estate India

Pune Real Estate Q3 2024: Record Sales on IT & Infra Boom

By GeoSquare News Desk · Published 2026-10-25

Pune's residential real estate market closed the third quarter of 2024 on a high, with the highest number of property registrations seen in recent years. The surge is largely attributed to sustained demand from IT professionals and the city's rapid infrastructure evolution.

Infrastructure push fuels growth

Ongoing projects such as the Pune ring road and the expanding metro network are reshaping connectivity across the city. Areas near proposed metro stations and ring road junctions are witnessing increased buyer interest, as improved transit links make long-distance commutes to IT hubs more practical.

IT corridor remains the hotspot

Localities along the western and north-eastern IT corridors, including Hinjewadi, Kharadi, Baner, and Wakad, continue to lead in sales volumes. Developers are launching new residential projects tailored to mid-segment and premium buyers, with a focus on gated communities and smart amenities.

Market analysts note that the combination of stable interest rates, positive employment sentiment, and infrastructure progress is likely to keep the momentum steady in the coming quarters. For investors, the key is to evaluate projects based on proximity to transit nodes and the credibility of the developer.