List of RERA Registered Projects in Pune

Urban India has seen the rapid development of many of its cities, which has led to an increased demand for real estate in many major cities like Delhi, Mumbai, Kolkata, Chennai, and Pune. New projects are being launched every day. Real estate developers are introducing several RERA-registered projects, especially in metropolitan cities like Pune. These projects are attracting homebuyers and investors alike, creating a positive transformation of Pune's real estate landscape. Developers are increasingly adopting RERA compliance to foster trust and establish credibility in the market.

In this blog, we will look at the real estate market and some of the most prominent RERA-registered projects in Pune. We will also explain the role RERA plays in regulating the real estate market in the city. 

But before that, let us understand the current scenario of the real estate market and why RERA projects in Pune are gaining prominence. We will also talk about what exactly does it mean by RERA.

How does it play a crucial role in purchasing a property in Pune?

India Real Estate Market

India is one of the leading countries when it comes to the real estate sector. The growing population has led to a spike in housing demand that shows no sign of slowing down. This demand applies to residential and commercial spaces and has opened doors for developers to consistently bring new projects and balance the demand and supply. The property market in Pune includes several options like apartments, villas, commercial spaces, and plots. This diversity caters to the varied preferences and needs of the homebuyers. The demand for real estate in Pune depends on multiple factors like location, price range, and the preferences of buyers and investors.

Now that we have a brief idea of how the real estate market of India works, it is time to understand RERA.

• Read Also:- List of RERA Registered Projects in Ahmedabad

RERA – Meaning and Significance

The Real Estate (Regulation and Development) Act was introduced by the government of India. This 2016 act addresses the challenges homebuyers face in the real estate market. It mandates that all major real estate projects are to be registered with the RERA authority of the respective state. It is applicable for properties with 500 sq. m. or more land area. That is not it. This act also applies to the property with more than eight apartments. All these projects are required to register with the respective state's RERA authority before advertising or selling. This registration ensures developers adhere to project timelines and maintain transparency in dealings. It provides necessary information to potential buyers so that they can make an informed decision. RERA not only safeguards the interests of homebuyers but also contributes to the overall health and growth of the real estate sector.

RERA Registered Projects in Pune

Pune is a bustling city known for its fast-paced and urban lifestyle, thus attracting a lot of people from different parts of the country. New projects are therefore frequently launched to meet this growing demand. While some properties are already pre-booked, there are still plenty of ongoing RERA projects in Pune that investors and homebuyers can explore.

Pune features several neighbourhoods popular for real estate investment. Hinjewadi is a significant IT hub, providing a mix of modern living and job opportunities. Wakad, adjacent to Hinjewadi, has seen rapid development and is valued for its strategic location. Baner and Kharadi, known for their cosmopolitan atmosphere, offer a blend of residential and commercial spaces. Hadapsar, an industrial suburb, is transitioning into a residential area. Undri, surrounded by greenery, attracts those seeking a peaceful lifestyle. Kalyani Nagar and Viman Nagar, close to Pune's airport, provide practical living and commercial amenities. Together, these neighbourhoods are hotbeds for real estate investment with promising growth and appreciation in value. RERA-registered projects in Pune offer additional protections to buyers, making it a safe and secure investment option.

RERA Completed Projects in Pune

Several RERA Pune projects are complete and ready for possession. Here are some of the options available for you.

RERA Ongoing Projects in Pune

There are some substantial RERA projects in Pune which are currently under construction.

1. Atelier Greens by Adani Realty

Atelier Greens is an upcoming RERA project in Pune with a nature-centric theme. Atelier Greens offers luxury apartments in 2, 2.5 and 3 BHK variants. This residential enclave seamlessly integrates with nature, boasting a captivating vertical garden that blankets the structure with vibrant greenery. This project will bring modern facilities like a swimming pool, a multipurpose hall, and a theatre room. One of the best parts about this property is that it features east-west facing flats making it Vastu compliant and giving residents ample light and positive vibes.

Residents can also collaborate with Luxélan, Atelier Greens’ design partner who will transform your home into an oasis of comfort and functionality. Luxélan offers luxury home interior solutions that design opulent curated spaces with best-in-class facilities and design elements. They understand design language like no other and your conversation with them will help them devise your vision and craft a home that is uniquely yours!

Luxélan has gone even a step further by creating a design space called ‘The Design Library’. It is a trial space where tech and sophisticated design elements come together to help you visualise, inspire and give you an ultimate experience. Get in touch with Adani Realty, Pune to know more about this innovative escapade.

Location: Koregaon Park

• Read Also:- List of RERA Registered Projects in Mumbai

Book Your Resident in the RERA Certified Projects in Pune

RERA-certified projects in Pune stand as a testament to the real estate sector's commitment to transparency and legal adherence. Those in search of flats for sale in Pune should look for RERA-certified homes for long-term safety and comfort. Adani Realty is one of the trusted dealers for purchasing a property in Pune. It has RERA-certified projects already running in other metropolitan cities and is all set to introduce one in Pune city. Consult the Adani experts and book your certified house today.