Pune's average property price stands at ₹10,000–₹13,000 per sq ft with 5%–9% appreciation expected through 2026–27, driven by IT park expansion and metro connectivity.

Hinjawadi – Rajiv Gandhi Infotech Park hosts Infosys, TCS, Wipro. Property ₹7,000–₹14,000 per sq ft; 1BHK rent ₹19,000/month; 2BHK rent ₹26,000–₹35,000/month. Metro Line 3 connects to Shivajinagar.

Wakad – Between Hinjawadi and Baner IT corridors. Property ₹8,500–₹11,500 per sq ft; 1BHK rent ₹10,000–₹22,000/month; 2BHK rent ₹18,000–₹38,000/month. Direct access to Mumbai-Pune Expressway; Metro Line 3 expansion ongoing.

Baner – Premium micro-market. Property ₹9,000–₹15,000 per sq ft, some projects ₹22,000 per sq ft; 2BHK rent ₹28,000–₹45,000/month.

Kharadi – Fastest-growing IT zone in east Pune. EON IT Park, World Trade Centre, International Tech Park. Property ₹8,000–₹14,000 per sq ft; 1BHK rent ₹19,000–₹32,000/month; 2BHK rent ₹27,000–₹50,000/month. 15–20 minutes from Pune International Airport.

Wagholi – 6–7 km from Kharadi. Property ₹4,500–₹8,000 per sq ft; 2BHK rent ₹15,000–₹20,000/month. Godrej Ivara and Gera Island of Joy projects.

The Maharashtra State Board of Waqfs cancelled the separate registration of Baner Masjid by order dated September 2, 2026, and declared all permissions and property transactions void ab initio. The property comprises 7 hectares 34 ares (approximately 18 acres) at Survey No. 99/1 in Baner, associated with Hazrat Udan Shah Wali Dargah and Baner Masjid. The Board held that the separate Baner Masjid registration (MSBW/PUN/4872) was not legally valid.

The property traces to a grant by the then Governor of Bombay via Order No. 986 dated August 12, 1870, and was registered as Udanshah Wali Dargah Trust (Public Trust No. B-382) with the Charity Commissioner.

A 2006 sale permission for ₹9.51 crore was issued on September 29, 2006, with ₹7 crore to go to the Waqf Board. A separate No-Objection Certificate was issued on November 3, 2006. The sale deed was executed on October 31, 2009. Applicants challenged the authority to issue the NOC and questioned whether Board approval, public auction, and proper valuation were obtained.

The Board found the then-CEO lacked legal authority to issue the November 3, 2006 NOC. Purchasers argued the Board could not reopen its decision after several years and claimed to be bona fide purchasers; these objections were rejected.

The Board directed the Pune district administration, revenue authorities, and registration officials to recognise Hazrat Udan Shah Wali Dargah as the relevant Waqf institution, cancel revenue entries and sale deeds arising from voided transactions, and make corresponding changes in revenue and registration records. A May 27, 2025 communication from the then-CEO regarding the property was also revoked.

• Maharashtra State Waqf Board CEO Faiyyaz Khan revoked the 2006 permission to sell waqf land at Survey No. 99/1, Village Baner, Taluka Haveli, Pune.
• The land measures 7 hectares 34 r, about 18 acres, and has the historic Hazrat Udan Shah Wali Dargah and Baner Masjid.
• The property was permitted for sale in 2006 for ₹9.51 crore; ₹7 crore was to be paid to the Board, but that amount was never received.
• The land’s current market value is estimated at over ₹900 crore; the article calls it a prime property in one of Pune’s fastest-growing corridors.
• The sale deed was executed on October 31, 2009, beyond the 36-month validity of the 2006 permission; the Board had already cancelled the transaction in 2009.
• The dispute resurfaced in 2025 when then CEO Juned Sayyed wrote on May 27, 2025, asking revenue authorities to remove restrictions.
• Land records were changed on July 2, 2025, reclassifying the property from Inam Class III / Occupant Class II to Occupant Class I (freehold private property).
• The revocation cites: no mandatory Board resolution under Section 51 and Section 32(2)(j) of the Waqf Act, 1995; no public auction or competitive bidding; defective valuation; a forged or invalid CEO order dated November 3, 2006; execution beyond the deadline; and alleged fraud, suppression and misrepresentation.
• Civic activists and legal advocates welcomed the decision and urged restoration of the waqf / Inam Class III status.

VTP Realty, Pune-based real estate developer, won the Smart Fire & Security Award in the Residential category at FIST Awards 2026. The award recognized VTP Aethereus and VTP Sierra projects.

Pune Metro Line 3 corridor between Maan, Hinjewadi and Baner set to open July 15, 2026. The line will serve Rajiv Gandhi IT Park in Hinjewadi and nearby areas, providing major connectivity boost for commuters in the region.