PUNE – The Pune real estate market is buzzing with excitement as Godrej Properties Limited, one of India’s most trusted developers, announced a major new acquisition. The company has successfully purchased an 8.5-acre land parcel in the rapidly developing Mahalunge area, marking a significant step in its strategy to lead the city’s housing sector.
The project is more than just a new building, it is a massive investment in Pune’s future. With an estimated revenue potential of ₹2,000 crore, Godrej Properties plans to develop roughly 2.1 million square feet into a modern group housing community.
A strategic win for Godrej properties
The location of the new site is its biggest strength. Situated in the Mahalunge-Maan-Nande belt, the plot sits right in the heart of the fast-growing Hinjewadi–Balewadi corridor. This area has become a magnet for professionals working in the nearby IT and financial hubs.
Mr. Gaurav Pandey, the MD and CEO of Godrej Properties, noted that Pune is one of the most vibrant urban centers in the country. He emphasized that the company’s goal is to create “thoughtfully designed spaces” that offer residents a mix of high-quality living and ultimate convenience.
Why the Pune real estate market is responding
While some parts of the national property market have seen a slowdown, the Pune real estate market remains a hotspot for premium developers. The city’s ongoing infrastructure projects, like the upcoming Pune Inner Ring Road, are making suburban areas like Mahalunge feel much closer to the city center.
For potential homeowners, the entry of a brand like Godrej Properties brings a sense of security and excellence. The area is already well-supported by top-tier social infrastructure, including:
- Schools: Proximity to Delhi Public School and Mahindra International School.
- Connectivity: Easy access to the major commercial clusters of Baner and Hinjewadi.
- Lifestyle: A growing ecosystem of shops, cafes and healthcare facilities.
Building for tomorrow
This acquisition follows a record-breaking year for Godrej Properties, which saw a nearly 19% rise in booking values in 2025. By securing land in high-potential areas like Mahalunge, the developer is positioning itself to meet the evolving needs of the modern Indian family, focusing on sustainability, community and smart design.
As Pune continues to transform, projects like this one are set to redefine what it means to live in a modern metropolitan sanctuary.
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Disclaimer – This article is for informational purposes only and does not constitute financial or investment advice. Readers should consult with professionals before making any real estate decisions.
Source – Hindustan Times
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