×
Site Visit
Blogs

Top Reasons Why NRIs Are Choosing Pune for Real Estate Investment

NRI real estate investment

Non-Resident Indians (NRIs) are increasingly turning to Pune when it comes to buying property in India. Whether it’s for a future home, an income-generating asset, or a secure long-term investment, NRI investment in Pune real estate is on the rise, and for good reason.

Let’s break down exactly why NRIs are buying property in Pune and why now is a smart time to consider it.

Pune Offers Steady Growth with Long-Term Value

Pune’s real estate market has consistently delivered strong returns. The average housing prices in Pune reached an all-time high in 2024, marking an 11% annual increase. Whether for self-use or rental yield, investment in Pune real estate has proven reliable over time.

This stability makes Pune a standout for NRI investment, especially when compared to more saturated metros. It’s also one of the best cities for investment due to affordability and consistent demand.

A Buyer-Friendly Ecosystem for NRIs

The process of buying property in Pune has become much easier for NRIs. With RERA-backed transparency, digital documentation, and flexible NRI loan options, real estate purchases are now hassle-free.

Many real estate developers in Pune also offer dedicated support for NRIs, from virtual tours to end-to-end property management. That’s why Pune real estate for NRIs is gaining popularity.

Infrastructure Is Booming, and That Matters

There has been significant infrastructure development in Pune in recent years. The metro rail project, Pune Ring Road, airport upgrades, and new bridges have boosted connectivity across the city.

Areas like Hinjewadi, Baner, and Punawale have benefited the most, with property prices rising steadily. For investors, this translates to higher future value, improved livability, and major investment benefits.

IT Hubs Are Driving Demand

Pune IT hubs attracting NRI investments is a major growth story. Tech parks in Hinjewadi, Kharadi, and Magarpatta have made Pune a magnet for IT professionals.

These employment hubs create high demand for residential housing nearby, making it easier for NRI investors to rent out homes and earn stable income. This solid demand also reduces the risk of vacancy and supports steady price growth.

The Lifestyle is Global, Yet Rooted in Culture

Pune is known for its clean air, mild climate, and green zones. The city offers a mix of cosmopolitan and cultural living, which appeals to NRIs who want to stay connected to India but still enjoy global comforts.

From international schools and world-class hospitals to malls and wellness centres, everything is within reach. This is why luxury flats in Pune for NRIs are increasingly in demand.

Plenty of Choices at Every Price Point

One of Pune’s biggest advantages is the range of residential options it offers. From budget-friendly apartments to high-end luxury projects, there’s something for every kind of buyer.

Areas like Punawale are drawing attention for their affordability, growth potential, and proximity to IT hubs, making it one of the best areas in Pune for property investment.

If luxury is your focus, there’s no shortage of luxury flats in Pune with features like smart automation, clubhouses, fitness zones, and landscaped open areas.

Developers You Can Trust

With multiple real estate developers in Pune, choosing the right builder is important. NRIs are increasingly selecting projects from developers with a track record of quality construction and on-time delivery.

This ensures peace of mind and protects your investment. Many premium projects are now designed specifically to meet NRI expectations, blending thoughtful planning with high-end finishes.

Support Systems for Remote Ownership

Many premium residential projects in Pune now include rental management, security services, and resale assistance.

For NRIs living overseas, these services make it easier to manage property remotely, ensuring consistent income and well-maintained assets.

This level of post-sale support adds yet another layer of confidence to your NRI investment decision.

In Conclusion

The growing demand, improving infrastructure, and rental-friendly ecosystem make Pune a top destination for NRI investment in Pune real estate.

If you’re looking for a project that offers it all, location, lifestyle, design, and value, consider Puneville by Pharande Spaces.

Built by one of the most trusted real estate developers in Pune, Puneville is located in Punawale, one of the fastest-growing suburbs of the city. The project features smartly planned towers, over 70% open space, and premium amenities like a clubhouse, sports courts, landscaped gardens, and security.

Whether you’re exploring 2 BHK flats in Punawale, 3 BHK flats in Punawale, or seeking luxury flats in Pune with long-term investment potential, Puneville is a strong option.

Backed by Pharande Spaces, Puneville combines modern living with smart planning, making it one of the best choices for NRIs looking to invest in India’s most future-ready city.

FAQ

1. Why is Pune considered a good investment destination for NRIs?

NRI investment in Pune is growing due to steady property appreciation, strong infrastructure, and high rental demand. With transparent processes and project support, NRI investment in real estate here offers long-term value and income potential.

2. What is the future of real estate in Pune?

The real estate in the Pune market is expected to grow steadily, driven by metro expansion, IT hubs, and housing demand. It remains one of India’s most stable and promising investment destinations.

3. Can NRIs legally buy residential property in Pune?

Yes, NRIs can legally buy residential property in Pune under FEMA rules, using Indian currency via authorised banking channels. There are no restrictions on the number of properties they can buy.

4. What are the key documents required for NRIs to buy property in Pune?

NRIs must provide essential property documents like a passport, PAN card, address proof, and OCI/PIO card (if applicable). A Power of Attorney is needed if a representative completes the transaction.

5. How can an NRI pay for a property purchase in Pune?

Payment to NRI for property purchase must be made in rupees through Indian banks. NRI property transactions can be funded via NRE/NRO accounts or home loans from Indian banks.

6. What are the tax implications for NRIs buying property in Pune?

For NRI investment in Pune, 1% TDS applies on properties over ₹50 lakh. Capital gains tax applies on resale, and rental income is taxable. DTAA rules may offer tax relief depending on the NRI’s country of residence.

7. What is the best location in Pune for NRIs to invest in property?

The best residential locations in Pune for NRIs include Punawale, Hinjewadi, Baner, and Kharadi. These offer strong infrastructure, rental demand, and proximity to IT hubs.

Privacy Policy

This Privacy Policy governs the manner in which Pharande Spaces collects, uses, maintains and discloses information collected from users (each, a "User") of the https://pharandespaces.com/ website ("Site"). This privacy policy applies to the Site and all products and services offered by Pharande Spaces.

Personal identification information

We may collect personal identification information from Users in a variety of ways, including, but not limited to, when Users visit our site, fill out a form, and in connection with other activities, services, features or resources we make available on our Site. Users may be asked for, as appropriate, name, email address, mailing address, phone number. Users may, however, visit our Site anonymously. We will collect personal identification information from Users only if they voluntarily submit such information to us. Users can always refuse to supply personally identifying information, except that it may prevent them from engaging in certain Site related activities.

Non-personal identification information

We may collect non-personal identification information about Users whenever they interact with our Site. Non-personal identification information may include the browser name, the type of computer and technical information about User's means of connection to our Site, such as the operating system and the Internet service providers utilized, and other similar information.

Web browser cookies

Our Site may use "cookies" to enhance User experience. The user's web browser places cookies on their hard drive for recordkeeping purposes and sometimes to track information about them. The user may choose to set their web browser to refuse cookies, or to alert you when cookies are being sent. If they do so, note that some parts of the Site may not function properly.

How we use collected information

Pharande Spaces may collect and use Users personal information for the following purposes:

  • To improve customer service The information you provide helps us respond to your customer service requests and support needs more efficiently.
  • To personalize the user experience We may use information in the aggregate to understand how our Users as a group use the services and resources provided on our Site.
  • To improve our Site We may use the feedback you provide to improve our products and services.
  • To send periodic emails We may use the email address to respond to their inquiries, questions, and/or other requests. If User decides to opt-in to our mailing list, they will receive emails that may include company news, updates, related product or service information, etc. If at any time the User would like to unsubscribe from receiving future emails, we include detailed unsubscribe instructions at the bottom of each email or User may contact us via our Site.

How we protect your information

We adopt appropriate data collection, storage and processing practices and security measures to protect against unauthorized access, alteration, disclosure or destruction of your personal information, username, password, transaction information and data stored on our Site.

Private and sensitive data exchange between the Site and its Users happens after an SSL secured communication channel and is encrypted and protected by digital signatures.

Sharing your personal information

We do not sell, trade, or rent Users personal identifiable information to others. We may share generic aggregated demographic information not linked to any personal identifying information regarding visitors and users with our business partners, trusted affiliates and advertisers for the purposes outlined above.We may use third party service providers to help us operate our business and the Site or administer activities on our behalf, such as sending out newsletters or surveys. We may share your information with these third parties for those limited purposes, provided that you have given us your permission.

Changes to this privacy policy

Pharande Spaces has the discretion to update this privacy policy at any time. When we do, we will revise the updated date at the bottom of this page. We encourage Users to frequently check this page for any changes to stay informed about how we are helping to protect the personal information we collect. You acknowledge and agree that it is your responsibility to review this privacy policy periodically and become aware of modifications.

Your acceptance of these terms

By using this Site, you signify your acceptance of this policy. If you do not agree to this policy, please do not use our Site. Your continued use of the Site following the posting of changes to this policy will be deemed your acceptance of those changes.

Contacting us

If you have any questions about this Privacy Policy, the practices of this site, or your dealings with this site, please contact us at:

Pharande Spaces: https://pharandespaces.com/
Pharande Spaces,
"Tarangan", 98/2,
Pune - Nashik Highway,
Guruvihar, Bhosari,
Pune: 411039. India.
Ph.no. 02027230506
Email: [email protected]

Disclaimer

The documents and graphics on this website could include technical inaccuracies or typographical errors. Changes are periodically added to the information herein. Pharande Spaces may make improvements and/or changes herein at any time. Pharande Spaces make no representations about the accuracy of the information contained in the documents and graphics on this website for any purpose.

All documents and graphics are provided "as is". Pharande Spaces hereby Disclaim all warranties and conditions with regard to this information, including all implied warranties and conditions of merchantability, fitness for any particular purpose, title and non-infringement. In no event shall Pharande Spaces be liable for any kind of damage resulting from any clause or reason, arising out of or in connection with the use or performance of information available from this website.