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.
What is the stamp duty and registration cost in Pune?
Stamp duty in Pune is typically 5–7% of the property value, with an additional 1% registration charge. Some states offer concessions for women buyers. It is advisable to confirm the current rates with a local registration office.
Are there any upcoming localities in Pune worth investing in?
Yes, several peripheral sectors in Pune are poised for major appreciation as infrastructure catches up. Properties in these areas are priced attractively today, with expected appreciation of 25–40% over the next 3–5 years.
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.
How long does it take to buy a property in Pune?
For a ready-to-move property in Pune, the transaction can be completed in 4–8 weeks including due diligence, home loan processing, and registration. For under-construction projects, the booking-to-possession timeline is 2–4 years.