Mountain Jewel is an under-construction apartment project by GVMG Developers in Charholi Budruk, North Pune, with a RERA registration number P52100080615, offering 82 units across 0.85 acres, with prices ranging from ₹74.19 Lakh to ₹1.41 Crore and an average price of ₹7,450 per sqft, with possession expected by December 2028.
Yes, NRIs can freely invest in residential and commercial properties in Pune under FEMA guidelines. Pune is a popular choice for NRI investments due to its strong developer ecosystem, transparent RERA-registered projects, and high rental demand.
Is housing in Pune expensive compared to other cities?
Compared to metros like Mumbai and Delhi, Pune offers significantly better value — more space, better amenities, and lower prices per sq.ft. It is one of the most affordable quality housing destinations in the NCR and broader India.
Is the area near Pune expressway good for investment?
Expressway corridors in Pune have emerged as hotbeds for real estate investment. Reduced commute times, large plotted development, and commercial activity have made these zones one of the highest-growth corridors in the region.
Is affordable housing available in Pune?
Yes, Pune has a range of affordable housing schemes under PMAY and state government programmes. These offer subsidised home loans and government-approved pricing for EWS and LIG buyers.
What are the tax benefits of buying property in Pune?
Home buyers in Pune can claim deductions under Section 80C (principal repayment up to ₹1.5 lakh), Section 24(b) (interest up to ₹2 lakh for self-occupied), and HRA if renting. First-time buyers may qualify for additional benefits.