Best Locations to Buy a 3 BHK Flat in Pune
Purchasing a flat in Pune can be challenging due to numerous fraud brokers and high prices, making the decision overwhelming. If you are looking for the best locations to buy properties in Pune, Square Yards has you covered. Our platform helps you find the best location for a 3 BHK flat for sale in Pune, along with city amenities and information.
We have listed some of the best locations to invest in 3 BHK flats for sale in Pune.
Pimpri, Pune
Pimpri is situated in the northwest part of Pune. It is prominent for its automotive and popular industrial hubs and offers many property types. One big reason behind its growing residential demand is the industrial sector, which creates job opportunities for many people. If you are looking for a 3 BHK flat for sale in Pune, this locality has multiple options. The bus transportation in Pimpri offers excellent connections to the old Mumbai-Pune Highway. Additionally, several railway and metro stations are just 3 to 7 km from Pimpri. Some of these stations include Sant Tukaram Nagar Metro Station, Pimpri Railway Station, Kasarvadi Railway Station, Akrudi Railway Station, and Chinchwad Railway Station. Pune International Airport is around 18 km away. Many automobile industries, including Bajaj Auto, Mahindra, Volkswagen, Mercedes-Benz India, and others, are located near this area.
Dhayari, Pune
Dhayari is a developing area in Pune that is close to localities such as Ganesh Nagar, Benkar Nagar, and DSK Vishwa. The most common property setups here are residential villas and apartments in configurations from 1 to 3 BHK. Dhayari can be the best choice if you are searching for a 3 BHK flat for sale in Pune. You can easily reach the Mumbai-Bangalore Highway from this location. Dhayari connects well with all major areas through its roads. Katraj is about 5 minutes drive away from this area. Prominent education institutions like D.S.K. School, Shiksha Veritas High School and Nalanda English Medium School are close to this area. Additionally, Pune International Airport, around 22 km away, is easily accessible from Dhayari. Pune Junction Railway Station is 13 km away. Dhayari is surrounded by mountains and trees, and it has a nice green cover landscape.
Ambegaon Budruk, Pune
Ambegaon Budruk is a famous residential area located in the centre of Pune. This area is a great option for a 3 BHK flat for sale in Pune because it offers many reasonably priced apartments and residential options. Due to its proximity to employment and education centres, demand for this location has grown in recent years. In addition to being a residential area, the locality is home to numerous well-known temples and other places of worship. It features places for entertainment, such as parks, historical sites, restaurants and more. Rajiv Gandhi Snake Park is a popular park close to the locality. Ambegaon is renowned for its breathtaking scenery and stunning natural surroundings. With many engineering and manufacturing facilities, it is also one of western Maharashtra's industrial hubs.
Talegaon Dabhade, Pune
The well-established Talegaon Dabhade is located in the northern region of Pune. It is situated near industrial zones and close to the Mumbai-Pune Expressway. This locality offers residential options for families and professionals and is listed as an easy locality to find the ideal 3 BHK flat for sale in Pune. Its advantageous location on the Mumbai-Pune Highway allows good access to most areas in the city. Vadgaon Railway Station is accessible via Talegaon-Chakan Road and NH48, about 8 km away. The distance of Pune International Airport is around 40 km, and easily accessible via Mumbai-Pandharpur Road. Talegaon Dabhade has grown significantly because of its stellar social infrastructure, attracting many people to the area.
Karve Nagar, Pune
Karve Nagar is a popular residential area on the southwest outskirts of Pune, situated close to the Mumbai Highway. The locality is clean and well-kept, with much greenery everywhere you look. Further, SP College, a famous educational institute in Pune, is in Karve Nagar. The Pune Railway Station is less than 10 km away from this location. Most of the housing options in the area are 2 and 3 BHK apartments. It is considered to be a well-liked option for residents. The locality offers the best 3 BHK flats for sale in Pune in Karve Nagar, making it a stand-out residential location.
About Pune
Pune, India's ninth-most populated city, has the fastest growth rate in the Asia-Pacific area and is the second-largest city in Maharashtra. With around 800 colleges, Pune is called the "Oxford of the East" and is a major centre for education, trade, and over 400 startups, making it one of India's top hubs for business and IT.
The city is located at the meeting point of the Mula and Mutha rivers. It appeals to locals and tourists due to its pleasing weather and unique blend of modernisation and history. The real estate market in Pune has grown due to international companies, educational institutions, and IT firms offering various housing options, from luxury apartments to affordable projects. Pimpri, Dhayari, Ambegaon Budruk, Talegaon Dabhade, and Karve Nagar are important residential areas in Pune.
The table below focuses on important information about the city:
| Metric | Information/ Figures |
| State | Maharashtra |
| Area | 15.642 sq. km |
| GDP | USD 69 billion |
| Official Language | Marathi |
| Population | 7.3 million |
| Sub Registrar Office | https://igrmaharashtra.gov.in/Home |
| Online Property Details | https://www.pmc.gov.in/en/property-details |
Stamp Duty and Registration Charges in Pune 2024
Whether a property or an immovable asset, a fixed tax known as stamp duty applies. This tax helps the government financially and supports the community's growth. It also ensures that any transfer of ownership, when you give a gift or inherit something, is valid. When you deal with real estate, you must pay a property registration fee. This fee is usually a fixed percentage of the overall transaction value.
In Pune, the stamp duty and property registration fees are:
| Buyer Type | Stamp Duty Rate | Registration Charge |
| Male | Overall 7% (1% for local body tax, 5% for stamp duty, and 1% for metro cess) | For properties over 30 lakhs, Rs.30,000 is paid, and for properties under 30 lakhs, 1% of the property value is applied. |
| Female | Overall 6% (1% for local body tax, 4% for stamp duty, and 1% for metro cess) | For properties over 30 lakhs, Rs.30,000 is paid, and for properties under 30 lakhs, 1% of the property value is applied. |
Furthermore, the government allows stamp duty rebates of up to 1 lakh for properties owned by women and senior citizens. In Pune, stamp duty on gift deeds is 3% and 5% on lease deeds.
Market Trend for Pune Real Estate
Property registrations in the Pune real estate market increased by 23% year-on-year (YoY) in February 2024, rising to 17,570 units from 14,284 units in February 2023. This data was provided by the Maharashtra government's Department of Registrations and Stamps, Controller of Stamp (IGR), and the Inspector General of Registration.
In January 2024, around 17,700 property units were registered in the district. Stamp duty revenue totalled Rs.589 crore. Additionally, stamp duty revenues increased significantly from Rs.517 crore in February 2023 to Rs.620 crore in February 2024.
In February 2024, apartments ranging from 500 to 800 sq. ft. accounted for 40% of all property registrations. Smaller apartments, under 500 sq. ft., also saw strong demand, making up 35% of sales that month. Meanwhile, the proportion of sales for larger apartments, those over 1,000 sq. ft., remained consistent at 13%.
Circle Rate in Pune
In Pune, the term circle rate refers to the lowest or minimal amount that the state government notifies the city's registrar's office to be paid when registering any land or property transaction. The Ready Reckoner Rate describes the market value of a property in Pune. The circle rates in Pune vary for different locations within the city because they are primarily influenced by many criterias, including the area's market value, amenities and services, and the property's age. One should be informed of additional taxes, administrative fees, and the circle rate before deciding to sell or buy a property in Pune.
The following table highlights the circle rate of the top localities in Pune:
| Area | Ready Reckoner Rate in Rs. (Sq.M) |
| Pimpri | Rs 41,260 - Rs. 67,460 |
| Dhayari | Rs 50,360 - Rs 52,390 |
| Ambegaon Budruk | Rs 53,000 - Rs 62,540 |
FAQ's
Which is the best place to buy property in Pune?
Pune has several appealing areas where you can buy property, depending on your needs, interests, and financial situation. Some of these areas include Pimpri, Dhayari, Ambegaon Budruk, Mundhwa, Karve Nagar, and Talegaon Dabhade.
Which part of Pune is best for living?
Pune offers a wide range of areas for better living standards. It depends on the buyer’s preferences and budget. However, Pimpri is a significant industrial hub on the Asian continent, situated in Pune's northwest and offers different property types with top-notch facilities.
Which is the safest area to live in Pune?
Families highly prefer Pimpri due to its high safety factor. It offers a variety of housing options, from villas to apartments, and its affordable property costs per square foot make it an attractive choice for potential homeowners.
What are the most popular projects in Pune?
VJ Eternity, Godrej Meadows, Codename Hinjewadi, and VTP Bellissimo are some of Pune's most popular projects.
