Why should you own a second home in Pune?

The second-home market in India has seen noticeable growth in recent years. The rise in second-home investments has been mainly driven by rising disposable income and evolving buyer preferences. An increasing number of urban Indians are showing interest in buying properties in scenic locations or in areas with scope for higher rental income. Pune is one such destination that offers urban comfort amidst natural beauty, attracting many property investors, including families, working professionals and NRIs. Moreover, Pune is also emerging as a sought-after location for senior living, backed by its strong healthcare infrastructure and growing number of senior living communities. In this article, we explore why Pune is a good choice for buying a second home.

Pune Housing Market Overview 2025

Home-buying trends across cities are evolving as urban Indians seek modern community living with access to lifestyle amenities. Pune, one of the top cities in India, has seen steady growth in real estate development in recent years, catering to evolving housing demand. The expansion of the IT-ITeS sector and other industries has helped sustain residential demand. The thriving educational hubs and the emergence of startups have further accelerated the demand. Several developers are launching gated community projects focused on lifestyle and sustainability. 2BHK residential properties are among the preferred choices for homebuyers in Pune. 

Key drivers of the Pune real estate market include:

Bustling IT sector and other industries: These IT and industrial hubs contribute to the city’s economic growth and generate employment, attracting several working professionals from across the country. This has led to the growth of Pune’s residential real estate. 

Affordability: Pune’s real estate market is known for its affordability compared to other metro cities such as Delhi, Mumbai and Bangalore. Property prices are much more affordable for entry-level buyers, especially in the mid-segment. 

Expansion of infrastructure: Infrastructure developments such as the ongoing Pune metro project, the Pune Ring Road, etc., which aim to boost connectivity, have positively impacted the city’s real estate market. 

All these factors, along with government initiatives such as Pradhan Mantri Awas Yojana (PMAY) and RERA regulations, have created a favourable environment, attracting end-users and investors alike.

Key reasons to buy a second home in Pune 

#1. Bustling IT hubs and educational institutions for renters

Pune is known for its thriving IT hubs and top-rated educational institutions, which continuously draw working professionals and students to the city. This has led to consistent demand for residential properties, both for purchase and rental. 

The development of large IT parks has influenced the commercial and residential real estate segment in Pune. Areas near these IT hubs are driving demand for residential properties. Hinjewadi Rajiv Gandhi Infotech Park is home to reputed software companies such as Infosys, Wipro, TCS, etc. The IT hub is strategically located close to Mumbai Highway and residential hubs such as Wakad, Baner, and Balewadi. 

Further, Pune is also known for its top educational institutions, comprising over 200 colleges and some reputed universities. Viman Nagar is a locality home to Symbiosis International University and many colleges. Kothrud, Wakad and Koregaon Park are other popular localities near premium educational centres. 

Investing in a home in these hotspots can be beneficial for homebuyers as they can look forward to excellent rental returns. From short-term rentals for students and professionals to long-term rentals for families, there are plenty of opportunities for property buyers. 

#2. Quality healthcare and other facilities for senior citizens and families

Pune has a well-developed social infrastructure, including quality healthcare facilities. This makes the city a favourite among families, especially senior citizens. The real estate developments in Pune have been accompanied by the dynamic growth of social infrastructure. Many developers launch housing projects in strategic locations with easy access to social amenities and public transport, which ensures them convenience and stress-free living. 

Besides the presence of prestigious educational institutions, Pune focuses on sustainable urban development through efficient water supply and drainage systems, green spaces and several smart city initiatives. 

Some prominent residential areas in Pune include Hinjewadi, Kharadi, Lohegaon, and Wagholi, which are witnessing the growth of affordable housing. Moreover, the rising demand for self-sustaining communities has led to the growth of integrated townships. 

#3. Scenic places for weekend retreats for homebuyers and NRIs

Many property buyers invest in second homes in scenic locations or close to tourist hotspots such as hill stations. These residential investments serve as weekend retreat or holiday homes. Located close to the Western Ghats and near tourist spots like Lonavala and Lavasa, Pune’s serene surroundings, greenery, and pleasant climate appeal to most second-home investors. With the rise of remote work culture, many people are choosing to live in cities like Pune to achieve a better work-life balance. Moreover, these second home investments can be rented out or converted into homestays, which can fetch excellent short-term rentals for the owners. 

Further, Pune’s location advantages and natural appeal attract many NRIs and retirees. There are many senior living projects garnering the attention of senior citizens. 

#4. Scope for higher ROI for second home investors

Pune city is witnessing rapid expansion of its physical infrastructure through projects such as the Pune Ring Road, the expansion of the Mumbai-Pune Expressway, the upcoming Pune International Airport in Purandar, and the Pune Metro extension. These upcoming projects aim to boost the regional connectivity and have led to new real estate developments, including the rise of several satellite towns. Infrastructure development will boost access to the city’s busy business districts and other residential areas. As a result, property prices are likely to appreciate as these projects progress towards completion. Hence, purchasing a property in Pune, especially close to these growth corridors, will be beneficial for investors.

Top locations in Pune for buying a second home

Housing.com News Viewpoint 

Pune property market is poised for growth owing to the sustained property demand. The market is favouring both end users and investors seeking long-term returns. A key highlight of Pune’s residential market is the availability of diverse property options from premium housing to affordable properties. Moreover, the city caters to buyers from diverse segments, including NRIs, families, professionals and senior citizens. Before investing in a second home, property buyers must evaluate their needs. For instance, when buying a property for end-use, it is essential to ascertain whether the project has good connectivity and is close to employment hubs. As a smart investor, it is also crucial to track current price trends, which will help with budget planning and informed decision-making.

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