Real Estate Market Research

Pune Housing
Report
May 2022
Pune Housing Report - Q1 CY'22 | May 2022

Message From The

President’s Desk
Dear CREDAI members,

CY’21 was a good year, with the city clocking about

53,000 sales of housing units just between Jan’21-Jul’21
as compared to about 49,000 units sold from Jan’19 to
Jul’19. This was a growth of almost 8% in just 6 months.
According to the report released by CREDAI in Sep’21,
approx. ₹ 27,500 Cr. worth of inventory was sold in this
period as compared to ₹ 21,500 Cr. in Jan’19-Jul’19 - a
growth of 27%.

Will the city's property industry be able to match this

performance in CY’22? So far, the data looks favourable
and interesting. For instance, the average ticket size of
apartments increased by nearly 40% between Q1 CY’19 to
Q1 CY’21. Within a period of two years, both flat prices and
sizes have increased in the city - led largely by the new
realities of the pandemic. Pune's real estate demand is Anil Pharande
driven primarily by the IT sector, which embraced the President
hybrid and work-from-home models in these two years.
These work models call for larger homes.

Pertinently, while many industries slowed down during the worst of the pandemic, the IT sector was
doing spectacularly well. It calls the shots even today, as is evidenced by the latest data available with
usw.

For instance, we are seeing a lot of demand coming in North-West Pune, which covers areas like
Hinjewadi, Wakad, Mahalunge, Tathawade, Baner, Sus, and Balewadi. Sales in these primarily IT-driven
areas have almost doubled in the last two years. This presents an unmatched opportunity for Pune's
realty players to map the demand and create adequate, yet thoughtfully restrained supply.

Meanwhile, in South-West Pune - which covers areas like Bavdhan, Dhayari, Kothrud, Ambegaon
Budruk, and Nanded - the average ticket size has almost doubled. Last year, this region saw a 22%
drop in the number of units sold, however recording a growth of 17% in value of units sold. South-West
Pune is quickly emerging as one of the premium quadrants of the city, and requires supply geared
towards this demand profile.

Data like this provides a roadmap for the real estate sector. As developers, we value certainty and
predictability - however, the times are changing once again. The RBI has suddenly kick-started the
cycle of repo rate increases, and this obviously has implications for us. Simultaneously, the unnatural
increases in input costs have put our backs to the wall as far as property prices are concerned.

Housing demand in Pune remains robust, but we need to stay agile and adapt our strategies to newly
emerging market realities. As India's pre-eminent association of developers, we are well equipped to
tackle ongoing as well as future challenges. We will put the power of collaboration to best use and
create a roadmap for the rest of CY’22. As always, we depend on each and every one of our members
to help deliver our vision for a strong, resilient future for the Pune real estate market.

Jai Hind

Sales & Marketing Committee

Members: Rahul Ajmera, Mohit

Goyal, Parag Mutha
Convener: Punit Oswal
Vice President: Mr. Manish Jain
 Pune Housing Report - Q1 CY'22 | May 2022

Pune

Units Sold and Total Value Avg. Value of Unit Sold Highest Performing Budget
Q1 CY'22 (₹ Lakhs) Segment By Housing Value sold
in Q1 CY'22 (₹ Lakhs)
90,000
₹35,628 Cr. ₹42,875 Cr.
50,000
58 45-70
80,000 45,000
₹35,857 Cr.
70,000 40,000

35,000
60,000
# of Units

30,000
₹ Cr
50,000
25,000
40,000
₹13,829 Cr. 20,000
30,000
15,000
20,000 10,000
10,000 5,000
79,113 71,743 80,431 23,857
0 0
CY 2019 CY 2020 CY 2021 Q1 CY'22

# of Units Sold Total Value of Units Sold

Total Value Sold by Budget

• Pune has witnessed an increase in 52% of 100%

₹2,195 Cr. ₹2,791 Cr. ₹3,685 Cr. ₹1,090 Cr.
housing value sale for Q1 CY'22 as compared
90% ₹3,946 Cr.
to Q1 CY'19. ₹4,634 Cr. ₹6,020 Cr. ₹2,323 Cr.
80%
₹4,849 Cr.
• Contribution of Sale of Units priced above ₹5,385 Cr.
70% ₹6,875 Cr.
₹45 Lakhs has increased by 68% from ₹2,779 Cr.
Q1 CY'19 to Q1 CY'22. 60%
₹11,303 Cr.
50% ₹10,976 Cr.
• A 126% increase of housing value sale is ₹13,004 Cr.
witnessed for units priced above ₹1 Cr for 40% ₹4,010 Cr.
period Q1 CY'22 over Q1 CY'19.
30%

• Overall, Pune witnessed a 10% increase in 20% ₹13,332 Cr.

₹12,071 Cr.
sale of units for Q1 CY'22 over Q1 CY'19. ₹13,289 Cr.
₹3,628 Cr.
10%

• Pune has witnessed a notable increase of 0%

136% in the budget segment of ₹2 Cr and CY 2019 CY 2020 CY 2021 Q1 CY'22
above of housing value sold in Q1 CY'22 over
Q1 CY'19. Below ₹45 Lakhs ₹45 - ₹70 Lakhs ₹70 - ₹100 Lakhs

₹100 - ₹200 Lakhs Above ₹200 Lakhs

CREDAI Pune Metro | CRE Matrix | Source : MahaRERA, IGR Maharashtra and CRE Matrix Research 2
Pune Housing Report - Q1 CY'22 | May 2022

Pune at a Glance
Avg. Value of Unit Sold
Q1 CY'19

100 Q1 CY'22
91
90 86

80
71
70 63
60
58 57
₹ Lakhs

60 55

50 44 44 45
42
40 35 34
30

20

10

0
Pune Central Pune North-East North-West South-East South-West Pimpri
Pune Pune Pune Pune Chinchwad

Total Value of Unit Sold

Q1 CY'19

14,000 Q1 CY'22
₹13,829 Cr.

12,000

10,000
₹ Cr

₹9,095 Cr.

8,000
₹3,919 Cr.

₹3,409 Cr.

6,000
₹2,572 Cr.

₹2,088 Cr.

₹2,194 Cr.
₹2,131 Cr.

₹1,635 Cr.
₹1,540 Cr.
₹1,459 Cr.

₹1,343 Cr.

4,000
₹332 Cr.
₹301 Cr.

2,000

0
Pune Central Pune North-East North-West South-East South-West Pimpri
Pune Pune Pune Pune Chinchwad

CREDAI Pune Metro | CRE Matrix | Source : MahaRERA, IGR Maharashtra and CRE Matrix Research 3
 Pune Housing Report - Q1 CY'22 | May 2022

Central Pune
Units Sold and Total Value Avg. Value of Unit Sold
Q1 CY'22 (₹ Lakhs)
Highest Performing Budget
Segment By Housing Value sold
in Q1 CY'22 (₹ Lakhs)

2,000
₹1,274 Cr. ₹1,368 Cr.
1,600
86 200+
1,800
1,400
₹1,143 Cr.
1,600
1,200
1,400
# of Units

1,000
1,200

1,000 800 ₹ Cr
800
600
600
₹301 Cr. 400
400
200
200
1,445 1,480 1,729 348
0 0
CY 2019 CY 2020 CY 2021 Q1 CY'22

Key Localities – Sadashiv Peth, Mangalwar Peth,

# of Units Sold Total Value of Units Sold New Nana Peth, Shivajinagar, Ghorpadi etc.

New Launches in Q1 CY’22

Project Developer # of Units Micro-market

Dharmesh Pandit Javdekar Constructions 42 Shivajinagar

Hill Top Co-Op Housing Society Hill Top Co-Op Housing Society 22 Shivajinagar
Indira Landmark Phase 2 Bhagyashri Construction 20 Sadashiv Peth
100 Prabhat Ravetkar Group 19 Deccan Gymkhana
Spectrum Joshi Buildcon Landmarks 14 Shivajinagar

Total Value Sold by Budget

• Central Pune has witnessed a decrease of 10% 100%
of housing value sale for Q1 CY'22 as 90%
compared to Q1 CY'19. 80% ₹431 Cr. ₹476 Cr. ₹116 Cr.
₹560 Cr.
70%
• Contribution of Sale of Units priced above ₹45
60%
Lakhs has increased by 6% from Q1 CY'19 to
₹224 Cr. ₹337 Cr.
50% ₹64 Cr.
Q1 CY'22. ₹263 Cr.
40%
₹165 Cr. ₹181 Cr. ₹43 Cr.
• A 21% increase of housing value sale is 30% ₹135 Cr.
witnessed for units priced between ₹70 Lakhs 20% ₹145 Cr. ₹130 Cr. ₹163 Cr. ₹36 Cr.
to ₹2 Cr for period Q1 CY'22 over Q1 CY'19. 10% ₹178 Cr. ₹186 Cr. ₹210 Cr. ₹42 Cr.
0%
• Central Pune saw a marginal drop of 5% in CY 2019 CY 2020 CY 2021 Q1 CY'22
sale of units for Q1 CY'22 over Q1 CY'19.
Below ₹45 Lakhs ₹45 - ₹70 Lakhs ₹70 - ₹100 Lakhs

₹100 - ₹200 Lakhs Above ₹200 Lakhs

CREDAI Pune Metro | CRE Matrix | Source : MahaRERA, IGR Maharashtra and CRE Matrix Research 4
 Pune Housing Report - Q1 CY'22 | May 2022

North-East Pune
Units Sold and Total Value Avg. Value of Unit Sold
Q1 CY'22 (₹ Lakhs)
Highest Performing Budget
Segment By Housing Value sold
in Q1 CY'22 (₹ Lakhs)
₹8,114 Cr.
16,000
₹6,956 Cr.
9,000
60 45-70
14,000 8,000
₹6,019 Cr.
7,000
12,000
6,000
# of Units

10,000
5,000
8,000 ₹ Cr
₹2,572 Cr. 4,000
6,000
3,000
4,000
2,000

2,000 1,000
12,637 13,081 14,216 4,262
0 0
CY 2019 CY 2020 CY 2021 Q1 CY'22

Key Localities – Wagholi, Mundhwa, Hadapsar,

# of Units Sold Total Value of Units Sold Kharadi, Dhanori, Lohegaon etc.

New Launches in Q1 CY’22

Project Developer # of Units Micro-market

Godrej Sky Greens Phase 1 Godrej Properties 687 Manjri Bk

Basil Mondale Velx Constructions LLP 536 Mundhwa
Zen Elite Kohinoor and Mahalaxmi Group 446 Kharadi
Shakti Gardens K Raheja 304 Wagholi
The Collection Premium BramhaCorp 286 Chandan Nagar

Total Value Sold by Budget

• Nort-East Pune has witnessed an increase of
100%
76% of housing value sale for Q1 CY'22 as ₹373 Cr. ₹651 Cr. ₹884 Cr. ₹286 Cr.
90% ₹673 Cr.
compared to Q1 CY'19. ₹838 Cr. ₹273 Cr.
80% ₹1,040 Cr.
₹740 Cr.
• Contribution of Sale of Units priced above ₹45 70% ₹1,079 Cr.
₹1,328 Cr. ₹626 Cr.
Lakhs has increased by 101% from Q1 CY'19 to 60%
₹2,050 Cr.
Q1 CY'22. 50%
₹2,255 Cr.
₹2,747 Cr.
40% ₹783 Cr.
• A 189% increase of housing value sale is 30%
witnessed for units priced above ₹70 lakhs for 20% ₹2,182 Cr.
period Q1 CY'22 over Q1 CY'19. ₹2,133 Cr. ₹2,114 Cr. ₹604 Cr.
10%
0%
• North-East fared well with a 28% increase in
CY 2019 CY 2020 CY 2021 Q1 CY'22
sale of units in Q1 CY'22 when compared to Q1
CY'19. Below ₹45 Lakhs ₹45 - ₹70 Lakhs ₹70 - ₹100 Lakhs

₹100 - ₹200 Lakhs Above ₹200 Lakhs

CREDAI Pune Metro | CRE Matrix | Source : MahaRERA, IGR Maharashtra and CRE Matrix Research 5
 Pune Housing Report - Q1 CY'22 | May 2022

North-West Pune
Units Sold and Total Value Avg. Value of Unit Sold
Q1 CY'22 (₹ Lakhs)
Highest Performing Budget
Segment By Housing Value sold
in Q1 CY'22 (₹ Lakhs)

71 45-70
₹11,660 Cr.
20,000 14,000
₹8,930 Cr.
18,000
₹8,944 Cr. 12,000
16,000

14,000 10,000
# of Units

12,000
8,000
10,000 ₹ Cr
₹3,919 Cr.
6,000
8,000

6,000 4,000
4,000
2,000
2,000
15,624 14,333 18,620 5,544
0 0
CY 2019 CY 2020 CY 2021 Q1 CY'22

Key Localities – Hinjewadi, Wakad, Mahalunge,

# of Units Sold Total Value of Units Sold Tathawade, Baner, Sus, Balewadi etc.

New Launches in Q1 CY’22

Project Developer # of Units Micro-market
41 Cosmo Krisala Developers 144 Tathawade
KLS Supremus Karandikar Life Spaces 141 Pashan
M J Opera Shivdan Constructions 136 Hinjewadi
32 Pinewood Drive - Phase2 Bhandari Associates 126 Hinjewadi
Majestique Signature Majestique Landmarks 76 Baner

Total Value Sold by Budget

• North-West Pune has witnessed an increase of 100%
₹444 Cr. ₹542 Cr. ₹823 Cr. ₹355 Cr.
whooping 84% of housing value sale for Q1 90% ₹1,066 Cr.
₹1,354 Cr. ₹1,715 Cr.
CY'22 as compared to Q1 CY'19. 80% ₹838 Cr.
₹1,536 Cr.
70% ₹1,760 Cr. ₹2,408 Cr.
• Contribution of Sale of Units priced above ₹1 Cr 60% ₹903 Cr.
has increased by 183% from Q1 CY'19 to
50%
Q1 CY'22. ₹3,797 Cr.
40% ₹3,729 Cr. ₹4,636 Cr.
30% ₹1,321 Cr.
• A 217% increase of housing value sale is
witnessed for units priced above ₹1 Cr for 20%
period Q1 CY'22 over Q1 CY'19. 10% ₹2,086 Cr.
₹1,560 Cr. ₹2,077 Cr.
₹503 Cr.
0%
• North-West Pune recorded a phenomenal 50% CY 2019 CY 2020 CY 2021 Q1 CY'22
rise in sale of units for Q1 CY'22 over Q1 CY'19.
Below ₹45 Lakhs ₹45 - ₹70 Lakhs ₹70 - ₹100 Lakhs

₹100 - ₹200 Lakhs Above ₹200 Lakhs

CREDAI Pune Metro | CRE Matrix | Source : MahaRERA, IGR Maharashtra and CRE Matrix Research 6
 Pune Housing Report - Q1 CY'22 | May 2022

South-East Pune
Units Sold and Total Value Avg. Value of Unit Sold Highest Performing Budget
Q1 CY'22 (₹ Lakhs) Segment By Housing Value sold
in Q1 CY'22 (₹ Lakhs)
₹5,065 Cr. ₹5,632 Cr.
12,000
₹4,917 Cr.
6,000
55 Below 45
10,000 5,000

8,000 4,000
# of Units

6,000 3,000 ₹ Cr
₹1,540 Cr.
4,000 2,000

2,000 1,000

11,006 10,233 10,643 2,776

0 0
CY 2019 CY 2020 CY 2021 Q1 CY'22

Key Localities – Undri, Kondhwa, MohammedWadi,

# of Units Sold Total Value of Units Sold Fursungi, Kondhwa Budruk, Yewalewadi etc.

New Launches in Q1 CY’22

Project Developer # of Units Micro-market
Autadwadi
Majestique Rhythm County Phase III Majestique Landmarks 270
Handewadi
Classic Gloria Classic Properties 248 Kondhwa Budruk
Raheja Stellar- T11 K Raheja Corp 209 Mohammed Wadi
Raheja Sterling - Tower 4 K Raheja Corp 195 Mohammed Wadi
Raheja Sterling - Tower 2 K Raheja Corp 195 Mohammed Wadi

Total Value Sold by Budget

100%
• South-East Pune has witnessed an increase of ₹481 Cr. ₹535 Cr. ₹132 Cr.
₹691 Cr.
whooping 15% of housing value sale for Q1 CY'22 90%
₹615 Cr. ₹663 Cr.
as compared to Q1 CY'19. 80% ₹841 Cr. ₹302 Cr.

70% ₹709 Cr.

₹703 Cr.
₹857 Cr.
• Contribution of Sale of Units priced above ₹1 Cr 60% ₹283 Cr.

has increased by 61% from Q1 CY'19 to Q1 CY'22. 50% ₹1,261 Cr.

₹1,185 Cr.
₹1,313 Cr.
₹312 Cr.
40%
• A 58% increase of housing value sale is
30%
witnessed for units priced above ₹1 Cr for period
20% ₹1,999 Cr. ₹1,831 Cr.
Q1 CY'22 over Q1 CY'19. ₹1,930 Cr. ₹512 Cr.
10%

• South-East macromarket recorded a blip of 10% 0%

in sale of units in Q1 CY'22 over Q1 CY'19. CY 2019 CY 2020 CY 2021 Q1 CY'22

Below ₹45 Lakhs ₹45 - ₹70 Lakhs ₹70 - ₹100 Lakhs

₹100 - ₹200 Lakhs Above ₹200 Lakhs

CREDAI Pune Metro | CRE Matrix | Source : MahaRERA, IGR Maharashtra and CRE Matrix Research 7
 Pune Housing Report - Q1 CY'22 | May 2022

South-West Pune
Units Sold and Total Value Avg. Value of Unit Sold
Q1 CY'22 (₹ Lakhs)
Highest Performing Budget
Segment By Housing Value sold
in Q1 CY'22 (₹ Lakhs)
₹6,582 Cr.
16,000
₹5,570 Cr.
7,000
63 45-70
14,000 6,000
₹4,995 Cr.
12,000
5,000
# of Units

10,000
4,000
8,000 ₹ Cr
₹2,088 Cr. 3,000
6,000
2,000
4,000

2,000 1,000
13,529 9,805 11,382 3,314
0 0
CY 2019 CY 2020 CY 2021 Q1 CY'22

Key Localities – Bavdhan, Dhayri, Kothrud,

# of Units Sold Total Value of Units Sold Ambegaon Budruk, Nanded etc.

New Launches in Q1 CY’22

Project Developer # of Units Micro-market
Venkatesh Erandwane Central
Shree Venkatesh Buildcon 144 Erandwane
B1 – Phase 2
Venkatesh Erandwane Central
Shree Venkatesh Buildcon 144 Erandwane
B3 – Phase 2
Majestique Mrugavarsha Phase III Majestique Landmarks 140 Dhayari
Sai Empire Shree Sai construction 128 Ambegaon Budruk
Sankla Buildcoon Blue Ventures and
SOMMET Tower Nos. 3 and 4 104 Bavdhan
Memorex

Total Value Sold by Budget

• South-West Pune has witnessed an increase of 100%
₹325 Cr. ₹327 Cr. ₹515 Cr. ₹161 Cr.
28% of housing value sale for Q1 CY'22 as 90%
₹902 Cr.
compared to Q1 CY'19. 80%
₹980 Cr.
₹1,481 Cr. ₹539 Cr.
70% ₹882 Cr.
• Contribution of Sale of Units priced above ₹1 Cr ₹849 Cr.
60% ₹1,155 Cr.
has increased by 155% from Q1 CY'19 to Q1 CY'22. ₹372 Cr.
50% ₹1,526 Cr.
₹1,325 Cr.
• A 162% increase of housing value sale is 40% ₹1,782 Cr.
₹597 Cr.
witnessed for units priced above ₹1 Cr for period 30%
Q1 CY'22 over Q1 CY'19. 20%
₹1,935 Cr. ₹1,514 Cr.
10% ₹1,650 Cr.
₹419 Cr.
• South-West macromarket is an outlier with a 0%
29% drop-in units sold in Q1 CY'22 compared to CY 2019 CY 2020 CY 2021 Q1 CY'22
Q1 CY'19.
Below ₹45 Lakhs ₹45 - ₹70 Lakhs ₹70 - ₹100 Lakhs

₹100 - ₹200 Lakhs Above ₹200 Lakhs

CREDAI Pune Metro | CRE Matrix | Source : MahaRERA, IGR Maharashtra and CRE Matrix Research 8
 Pune Housing Report - Q1 CY'22 | May 2022

Pimpri Chinchwad
Units Sold and Total Value Avg. Value of Unit Sold Highest Performing Budget
Q1 CY'22 (₹ Lakhs) Segment By Housing Value sold
in Q1 CY'22 (₹ Lakhs)
₹8,901 Cr. ₹9,519 Cr.
30,000
₹8,771 Cr.
10,000
45 Below 45
9,000
25,000
8,000

7,000
# of Units

20,000
6,000

₹ Cr
15,000 ₹3,409 Cr. 5,000

4,000
10,000
3,000

2,000
5,000
1,000
24,872 22,811 23,841 7,613
0 0
CY 2019 CY 2020 CY 2021 Q1 CY'22

Key Localities – Ravet, Chikhali, Punawale,

# of Units Sold Total Value of Units Sold Alandi, Moshi, Thergaon etc

New Launches in Q1 CY’22

Project Developer # of Units Micro-market
Shaligram Sky Shaligram group 653 Ravet
Abhimaan Homes Phase 3 Kohinoor 550 Chandkhed
Yashada Supreme Yashada Realty 524 Alandi
Utopia Gold Shevi Group 512 Chikhali
Dwaarka World Phase 1 Sonigara Homes 492 Chikhali

Total Value Sold by Budget

• Pimpri Chinchwad Pune has witnessed an 100% ₹141 Cr. ₹176 Cr. ₹296 Cr. ₹40 Cr.
₹466 Cr. ₹536 Cr. ₹307 Cr.
increase of 55% of housing value sale for 90%
₹606 Cr.
₹817 Cr. ₹859 Cr.
Q1 CY'22 as compared to Q1 CY'19. ₹946 Cr.
80% ₹552 Cr.

70% ₹2,524 Cr. ₹2,352 Cr. ₹2,363 Cr.

• Contribution of Sale of Units priced above ₹70
60% ₹961 Cr.
Lakhs has increased by 151% from Q1 CY'19 to
50%
Q1 CY'22.
40%
• A 147% increase of housing value sale is 30% ₹4,952 Cr. ₹4,847 Cr. ₹5,308 Cr.
witnessed for units priced above ₹70 Lakhs for 20% ₹1,548 Cr.

period Q1 CY'22 over Q1 CY'19. 10%

0%
• The Pimpri-Chinchwad saw a substantial 17% CY 2019 CY 2020 CY 2021 Q1 CY'22
increase in sale of units for Q1 CY'22 over
Q1 CY'19. Below ₹45 Lakhs ₹45 - ₹70 Lakhs ₹70 - ₹100 Lakhs

₹100 - ₹200 Lakhs Above ₹200 Lakhs

CREDAI Pune Metro | CRE Matrix | Source : MahaRERA, IGR Maharashtra and CRE Matrix Research 9
Pune Housing Report - Q1 CY'22 | May 2022

Message From The

CEO’s Desk
Season’s Greetings to Everyone!

I am pleased to release the Pune Housing Report for May’22

with CREDAI Pune Metro tied-up with CRE Matrix as its
Knowledge and Research Partner. Through this partnership,
CRE Matrix aims to offer Thought Leadership Research &
Analytics content strictly using authentic verified sources to
CREDAI Pune Metro members.

CRE Matrix is India’s most trusted source for complete Real

Estate Intelligence. CRE Matrix has developed proprietary
algorithms that relentlessly provide up-to-date information
and enable deep data analytics across sectors and
geographies. CRE Matrix is one of the largest custodians of
registered information in the real estate sector. Asset
Comparison, Valuations, Demand / Supply Analysis, Property
Benchmarking, and Predictive Analytics for accurate Real Abhishek Kiran Gupta
Estate forecasting are some of our services CEO, CRE Matrix

I am delighted to release the CREDAI Pune Metro – CRE Matrix research report on Pune Housing Market.
Happy to share some key take-aways:

• Pune city clocked approx. 23,857 housing units sold in the period Q1 CY'22 as compared to the
approx. 21,660 housing units sold in the period Q1 CY'19, to the pre-COVID era.

• Pune city clocked Housing Sales of approx. ₹13,829 Cr in Q1 CY'22 as compared to the approx.
₹9,095 Cr in the period Q1 CY'19, with a growth of 52%, clearly indicating a rise in sales of higher
ticket size housing units in the last quarter as compared to the pre-COVID era.

• In the last quarter, Pimpri Chinchwad emerged as the most promising micro-market in the Pune
Housing market. With growth in housing units sales of 97% from Q4 CY'21. In addition to this,
Housing Sales in value terms grew handsomely by 122% as compared to Q4 CY'21.

• Having said that, we were surprised to see QoQ rise in Housing sales in value terms across all six
micro-markets. We attribute this primarily to the launch & sales of mid-range housing units
across Pune.

• Pimpri Chinchwad has seen witnessed 13% growth as the highest average value of housing sold
in Q1 CY'22 as compared to Q4 CY'21, with ₹45 lacs in Q1 CY'22 compared to ₹40 lacs in Q4 CY'21.

We, CRE Matrix are passionate about our work, our data, our analysis and look forward to a long
innings with CREDAI Pune Metro. We invite each and all members of CREDAI Pune Metro to approach
us for any queries they may have on this report or otherwise.

Regards,
Abhishek Kiran Gupta
CEO & Co-Founder
CRE Matrix
Pune Housing Report - Q1 CY'22 | May 2022

Micro-Market Mapping
Pune - Central Pune - North East Pune - North West Pimpri-Chinchwad

Agarkar Nagar Chandan Nagar Aundh Akurdi

Ashok Nagar Dhanori Balewadi Alandi

Bhawani Peth Hadapsar Baner Bhosari

Kalyani Nagar Baramati Rural
Budhwar Peth Bopkhel
Kharadi Bopodi
Camp Chakan
Lohegaon Ganeshkhind
Deccan Gymkhana Chandkhed
Manjri Bk Godambewadi
Ganj Peth Charholi Budruk
Mundhwa Hinjewadi
Ghorpadi Chikhali
Sanjay Park Kasarsai
Guru Nanak Nagar Chimbali
Viman Nagar Khadki
Guruwar Peth Chinchwad Gaon
Wadgaon Sheri Mahalunge
Kasba Peth Dapodi
Wagholi Pashan
Kashewadi Yerawada Range Hills Dehu

Katad Khana Pune - South East Sus Dighi

Koregaon Park Autadwadi-Handewadi Tathawade Gahunje

Mangalwar Peth Bhilarewadi Wakad Kasarwadi

Modi Colony Bibwewadi Pune - South West Kurali

Municipal Colony Fursungi Ambegaon Budruk Mahalunge Ingale

New Nana Peth Gujar Nimbalkarwadi Anand Nagar Mamurdi

Gultekdi Bavdhan
Rasta Peth Moshi
Hadapsar Dattawadi
Raviwar Peth Nigdi
Katraj Dhankawadi
Sadar Bazaar Pimple Gurav
Kondhwa Dhayari
Sadashiv Peth Pimple Nilakh
Kondhwa Budruk Erandwane
Sangamvadi Pimple Saudagar
Mangadewadi Karve Nagar
Saras Baug Pimpri Colony
Mohammed Wadi Khadakwasla
Shaniwar Peth Punawale
Pune Cantonment Kothrud
Shivajinagar Rahatani
Undri Lavale
Shukrawar Peth Wadki Nanded Ravet

Somwar Peth Wanowrie Parvati Paytha Shinde

Swargate Wanwadi Vadgaon Budruk Talegaon Dabhade

Wadarvadi Yewalewadi Warje - Shivane Thergaon

CREDAI Pune Metro | CRE Matrix | Source : MahaRERA, IGR Maharashtra and CRE Matrix Research
Authors

Rishabh Soni
Senior Research Analyst
rishabh.soni@crematrix.com

Pratik Mane
City Lead, Pune
pratik.mane@crematrix.com

Saurav Loharuka
Co-founder
sauravloharuka@crematrix.com

Abhishek Kiran Gupta

CEO & Co-founder
abhishekkirangupta@crematrix.com

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