Let explore Pune Best Under Construction Projects

There's a reason Pune keeps coming up in property conversations across India right now.

First, jobs. Pune has a huge number of IT companies, especially around Hinjewadi, Kharadi, and Magarpatta. These companies bring in thousands of working professionals every year, and all of them need a place to stay.

Second, price. Compared to Mumbai or Bangalore, Pune is still much more affordable for the same kind of home and lifestyle.

Third, the kind of projects coming up here are honestly different from what you'd find elsewhere. We're talking about golf courses inside residential projects, riverfront clubhouses, huge parks, and amenities that feel more like a resort than a regular housing society.

Big developers like Lodha, Godrej, and Shapoorji Pallonji have all picked Pune as one of their main cities to build in. That alone tells you something.

This is the practical part.

When a project is under construction, the price is at its lowest. By the time the project is ready, which usually takes 2 to 4 years, prices in that area generally go up by 15 to 25 percent. So buying early means buying cheaper.

There's also the payment side. Most under-construction projects in Pune come with a payment plan spread across the construction period. This means you don't have to pay everything at once. For most salaried buyers, this is much easier on the pocket compared to paying the full amount for a ready flat.

Of course, you need to pick the right developer and the right project. So let's go through some good options.

Lodha Belmondo, Gahunje

This is one of those projects where you read the details twice because they sound too good.

Lodha Belmondo is built around a golf course. Not near a golf course, around it. The course is 45 acres, has 9 holes, and was designed by Greg Norman, the famous golfer. It runs along the Pavana River.

Here's what the project offers:

• Configuration: Studio and 2 BHK

• Carpet area: 493 sq.ft to 1,005 sq.ft

• Project spread across 100 acres

• 39 storey towers

• Covered parking

• Possession date: October 2028

• 90 acres of open space

• A 50,000 sq.ft clubhouse called Club Belmondo

• A kilometer-long riverside walking path with boating

• Cricket ground

• Outdoor 25-meter pool with jacuzzi

• Organic farm

It's close to the Mumbai-Pune Expressway and has decent access to Hinjewadi IT Park, which matters a lot for rental demand.

Check Lodha Belmondo pricing here

Godrej River Royale, Mahalunge

If you're looking at projects offering high appreciation potential in Pune, this one fits well.

Godrej River Royale sits behind Balewadi Stadium, right along the Mula River.

Quick details:

• Configuration: 3 and 4 BHK

• Carpet area: 1,688 sq.ft to 2,529 sq.ft

• Project area: 4.37 acres

• 38 storey towers, going up to 145 metres tall

• Covered parking

• Possession date: March 2029

• Part of a larger 250-acre township

• 7.5-acre central park with an amphitheatre and walking trails

• Riverside Boat Club for residents

• Close to Maan Road (2.4 km), Infosys Circle (4.3 km), and D Mart (4.9 km)

• Proposed metro line nearby

These are genuinely large homes, and the project is positioned as both a place to live and a long-term investment.

Check Godrej River Royale pricing here

Godrej Hillside 3, Mahalunge

This project has something you don't usually see in Pune. A high street shopping area inspired by La Rambla street in Barcelona, running half a kilometre through the project.

Here's what's on offer:

• Configuration: 2 and 3 BHK

• Carpet area: 600 sq.ft to 797 sq.ft

• Project area: 2.7 acres

• 23 storey towers

• Covered parking

• Possession date: February 2028

• 7.3 acre riverfront with a 55,000+ sq.ft clubhouse and boat club

• 5,000+ trees planted in the new phase

• 75,000 sq.ft "Root Park"

• 19,000 sq.ft "Sky Park"

• Hill view clubhouse on top of the parking, 7,000 sq.ft

• Close to Mumbai-Pune Highway (3.8 km), Hinjewadi IT Park, and Jupiter Hospital (within 6.5 km)

• Proposed metro line nearby

Possession is February 2028, which makes it one of the closer-to-ready options if you don't want a long wait.

Check Godrej Hillside 3 pricing here

Joyville Celestia, Manjari

This one is built around wellness, which a lot of buyers care about more than before.

Project details:

• Configuration: 2 and 3 BHK

• Carpet area: 589 sq.ft to 1,270 sq.ft

• Project area: 9 acres

• 7 towers, G+20 floors each

• Covered parking on podium and ground

• Possession date: March 2028

• Homes come with air purifiers and Vitamin C shower filters

• Naturopathy Centre and Aqua Gym on site

• 5 tier security and vehicle free podium

• EDGE certified for sustainability

• Part of a 200 acre township called SP Kingstown

• Over 75% open space

• Close to Shewale Chowk (550m) and SP Infocity (3.3 km)

• Upcoming metro station at Hadapsar nearby

If wellness features and open space matter to you, this is worth a visit.

Check Joyville Celestia pricing here

Codename Empire, NIBM Annexe

This one is for buyers who want bigger homes, like 3, 3.5 and 4 BHK, or even duplexes and penthouses.

Details:

• Configuration: 3, 3.5, 4 BHK, Duplex, Penthouse

• Carpet area: 1,170 sq.ft to 2,130 sq.ft

• Project area: 3 acres

• Towers with 3 basements + Ground + 30 floors

• Covered parking

• Possession date: March 2030

• 1 acre dedicated open space with a Miyawaki Garden, a type of dense Japanese style green pocket

• Fully air conditioned homes

• Homes designed as per Vastu

NIBM has been a steady performer in Pune over the years, popular with professionals working in the southern parts of the city. Possession is a bit further out at March 2030, which also means more time for the area to grow before you get your keys.

Check Codename Empire pricing here

Based on everything above, yes, and here's why it makes sense beyond just these five projects.

Pune's growth isn't tied to just one thing. IT jobs in Hinjewadi and Magarpatta bring in tenants. Colleges and universities bring in students who need rentals. Manufacturing in areas like PCMC adds another layer of demand.

On top of this, the metro is expanding, roads are being widened, and areas that used to feel far from the city are now getting connected properly. Mahalunge, Gahunje, NIBM, and Manjari are all benefiting from this right now.

For someone thinking 5 to 10 years ahead, under-construction flats in Pune in these growing areas give you good developers, large amenities, and prices that still have room to grow.

Whichever project you like, check these things first.

RERA registration: All these projects have one, but check it yourself on Maharashtra's RERA website before paying anything.

Payment schedule: Know exactly when each payment is due and what triggers it.

Developer history: Lodha, Godrej, and Shapoorji Pallonji all have a strong track record. For smaller developers, check this even more carefully.

Commute time: Check Google Maps during office hours, not late at night. Pune traffic can surprise you.

Want to Explore These Projects?

All five projects, Lodha Belmondo, Godrej River Royale, Godrej Hillside 3, Joyville Celestia, and Codename Empire, are listed on Keystone Real Estate Advisory with full details, pricing, and direct builder access.

Whether you want a home to live in or a property to grow your money, our team can help you figure out which one fits your budget and your plans best. No extra brokerage, no pressure.

Browse the listings on our website, or just message us if you want a simple chat about Pune's market.