Pune’s most costly real estate transaction was the sale of a 12,000-square-foot penthouse, which went for Rs 37 crore. According to a statement from the business, the property is in Lodha One, Bund Garden, a project developed by Lodha, a listed real estate developer. Macrotech Developers is the developer of the property. 

Pune has registered 32 luxury apartment deals over the past two years (April 2022), with an agreement value exceeding Rs 10 crore. The highest value was Rs 18.5 crore. 

According to a statement from the company, the Lodha One (Bund Garden) penthouse is the most expensive in this segment after registration on RERA, with a price per square foot ranging from Rs 28,000 to Rs 29,000. 

Lodha One is the developer’s first luxury project in Pune. The penthouse in the project is called Emperor Palace. 

According to the company, Lodha’s decision to implement Bund Garden is a response to this demand and Pune’s growing land shortage. 

Three stories make up Lodha One Bund Garden, which offers homeowners a private terrace and a pool. Saint Amand, Lodha’s private hospitality service, provides a range of exclusive services to cater to the needs of its residents. The Singapore-based Sitetectonix firm created it with Lodha’s philosophy in mind. 

The tallest tower in Pune Camp is called Lodha One. According to the organization, the centerpiece of the project’s landscape design will be two magnificent banyan trees preserved for 150 years.

Real estate market registrations for properties  in Pune 

The data provided by real estate consultancy Knight Frank India indicates that the average number of property registrations in the Pune real estate market is between 14,000 and 20,000 units throughout the entire Pune district. Most properties in Pune’s real estate market are registered for between Rs 50 lakh and Rs 1 crore. 

For example, according to Knight Frank India data, in March 2024, out of over 21,000 property registrations in the Pune district, 33% were in the range of Rs 50 lakhs to Rs 1 crore; 32% were in the range of Rs 25 lakh to Rs 50 lakh; 14% in the range of Rs 1 crore to Rs 5 crores; and slightly less than 1% in the price range of above Rs 5 crores.