Real Estate Snapshot for Mahalunge, Pune

Location Significance Mahalunge resides in western Pune and stands out for its strategic spot. Near big business centers like Baner and the IT zone in Hinjewadi—home to over 200 companies—it offers a prime draw for both potential buyers and renters, especially those from the IT field.

Infrastructure Insights Placing within the Pune Metropolitan Region Development Authority (PMRDA) highlights its big plans for future upgrades and expansions. This rapid boost in social and business facilities has made Mahalunge a booming spot for real estate.

Property Price Trends Property values in Mahalunge have climbed steadily. As of Q2 2024, the average price per square foot is around ₹12,156, marking a rise from ₹8,464 in Q3 2022. This signals great gains for those with capital to invest. Prices now slip between ₹6,835 to ₹10,252 per square foot, varying by location and amenities.

Property Supply Update The supply of properties in Mahalunge has greatly increased, especially mid-sized homes for small families and young adults. However, from 2025 to 2028, supply is expected to drop. This scarcity could push property prices up due to fewer options.

Rental Market Review Renting in Mahalunge provides good options. A 3 BHK apartment ranges ₹25,000 to ₹45,000 monthly based on extras and location. The neighborhood boasts over 100 rental flats, many featuring modern perks like swimming pools, concierge help, and golf fields.

Affordability and Features Affordability in Mahalunge stands out, with properties ranging from ₹7,000 to ₹8,500 per square foot. This place offers calming views of the Mula-Mutha river and green hills, adding to its peaceful living vibes. Many new buildings offer features like bowling courts, clinics, and reading areas.

PropertyWala’s Take

Mahalunge in Pune offers a great pick for people buying or renting. This prime area, boosted by fast infrastructure work and cheap properties, makes it a smart choice. Holding strong potential to grow and packed with trendy additions, Mahalunge looks set to keep rising as a top pick for real estate in Pune's west. Looking to find your first home, exploring options, or aiming to invest? Mahalunge marries value, ease, and high living to a degree few places match.