Real Estate India

Pune Real Estate Sales Surge 25% in Q2 2024, IT Corridor Leads

By GeoSquare News Desk · Published 2026-11-01

Pune's residential real estate market recorded a robust 25% year-on-year growth in Q2 2024, with the IT corridor emerging as the primary growth driver. Areas such as Kharadi and Baner witnessed maximum sales, reflecting strong demand from IT professionals and investors.

What’s Driving the Surge?

The expansion of the IT sector and significant infrastructure improvements have boosted connectivity and livability in these micro-markets. Enhanced road networks, metro connectivity, and social infrastructure have made Kharadi and Baner attractive for end-users and investors alike.

Opportunities for Buyers and Investors

For Maharashtra property buyers, this growth signals a positive outlook for capital appreciation and rental yields. However, it is advisable to evaluate project credentials and location advantages before investing, as prices in these corridors are on an upward trajectory.

The overall market sentiment remains optimistic, with sustained demand expected in the coming quarters as more IT companies expand their presence in Pune.