Magarpatta Road, Pune

MSIDC and Pune Metro are set to sign MoUs to integrate Metro infrastructure with two upcoming road projects. Approximately 7.7 km of the Kharadi-Shirur elevated corridor and 17 km of the Hadapsar-Yavat elevated corridor will be developed as double-decker structures, with the upper deck designed to accommodate future Metro lines.

Cm Devendra Fadnavis laid the foundation stones for three elevated road projects worth ₹18,000 crore in Pune. These projects aim to significantly reduce traffic congestion across the city and its surrounding areas. The projects include the Pune-Shirur Elevated Highway, Hadapsar-Yavat Elevated Highway, and Talegaon-Chakan-Shikrapur Elevated Highway,.

Pune Metro's Phase 2 plans include approximately 22 km of integrated double-decker flyovers across the city. These corridors will feature six-lane and eight-lane elevated roads. Key stretches are planned on the Ramwadi-Wagholi, Vanaz-Chandani Chowk, Kharadi-Khadakwasla, and Bhairoba Nala-Akashwani routes.

Pune is set to benefit from the Union Budget 2026-27's focus on developing infrastructure in cities with over 5 lakh population. The allocation of Rs 5,000 crore per City Economic Region over five years, along with proposed high-speed rail corridors including one connecting Mumbai and Pune.

Pune Metro's elevated Line 3, spanning 23.203 km and connecting Hinjewadi to Shivajinagar, will begin operations in phases starting June 15, 2026. The first phase will cover 12 stations from the Hinjewadi side, with the remaining stations expected to be operational by October.

Despite a 17% drop in property registrations in January 2026, Pune's real estate market saw only a 5% decline in stamp duty revenue. This indicates a shift towards higher-value property deals. The market is showing a rebound from December 2025, suggesting sustained demand in the mid and premium segments.

PMC is moving forward with plans to construct a new bridge parallel to the existing Rajaram Bridge to alleviate traffic congestion on Sinhagad Road. This project aims to improve connectivity between Sinhagad Road and Karvenagar , DP Road, reducing daily traffic bottlenecks and enhancing commuter experience.

India's office real estate market showed strength in Q1 2026 with vacancy levels tightening due to sustained occupier demand and moderated new supply. Office vacancy rate also saw a reduction, contributing to the overall positive trend. This is expected to lead to increased rental growth and sustained demand for quality office spaces.

Pune Municipal Corporation has decided to place the responsibility of water supply for newly included areas and housing projects directly onto the developers. This move aims to ensure adequate water pressure and supply until the PMC can establish its own infrastructure, with developers required to provide guarantees.