Godrej Plans Large Housing Development In Pune Mahalunge

A large-scale residential development is set to take shape in Pune’s western growth corridor after a listed real estate developer secured an 8.5-acre land parcel in Mahalunge, signalling continued long-term confidence in the city’s housing market despite near-term demand moderation. The proposed project, with a projected revenue potential of around ₹2,000 crore, is expected to add significant supply to one of Pune’s fastest-evolving residential micro-markets.

The land parcel is located within the Mahalunge–Maan–Nande belt, part of the broader Mahalunge–Hinjewadi zone that has emerged as a critical interface between residential neighbourhoods and major employment hubs. Urban planners note that the area benefits from its proximity to the Hinjewadi–Balewadi corridor, a key technology and financial services cluster, while also gaining from planned regional infrastructure such as the upcoming Pune Inner Ring Road. According to regulatory disclosures, the housing project is planned with a development potential of about 2.1 million sq ft. Industry experts say this scale reflects a shift towards larger, master-planned residential communities that integrate housing with access to schools, healthcare, and everyday services, reducing travel demand and supporting more sustainable urban living patterns.

The Mahalunge location has gained prominence in recent years due to improved road connectivity and the presence of established social infrastructure, including educational institutions and neighbourhood retail. Market analysts point out that such factors are increasingly influencing end-user homebuyers, who are prioritising liveability, commute efficiency, and long-term value over speculative gains. The acquisition comes at a time when Pune’s residential market is undergoing a phase of consolidation. Data from property market analysts indicates that housing sales in the city saw a modest year-on-year decline in 2025, reflecting price sensitivity and selective buying behaviour following several years of strong post-pandemic growth. New project launches have also moderated, suggesting a more cautious supply pipeline aligned with realistic absorption levels.

Despite this slowdown, registration volumes in Pune district remained robust, and stamp duty collections edged up marginally, underlining the resilience of end-user demand. Real estate consultants say well-located projects in employment-linked corridors such as Mahalunge continue to attract interest from salaried professionals and families seeking stable, long-term housing solutions. From an urban development perspective, large residential projects in growth corridors raise important considerations around infrastructure capacity, public transport integration, and environmental management. Urban experts stress the need for such developments to align with climate-resilient planning, efficient water use, and walkable neighbourhood design to avoid repeating patterns of sprawl.

As Pune continues to expand westward, projects in the Mahalunge micro-market are likely to shape the next phase of the city’s residential growth. How effectively these developments integrate with regional infrastructure and civic services will determine whether they contribute to a more balanced, inclusive, and sustainable urban future.

Godrej Plans Large Housing Development In Pune Mahalunge