Casagrand Millenia Secures Wagholi Land for INR 126.04 Cr, Boosting Pune’s Real Estate Growth

In a significant real estate move, Casagrand Millenia has acquired a 1.18-hectare land parcel in Wagholi, Pune, for INR 126.04 crore. The purchase was made from Krishna Realtors Skyscraper, marking another major investment in Pune’s rapidly growing residential sector.

Transaction Details and Official Records
According to IGR property registration documents, the land deal was registered in January 2025. The transaction included a stamp duty payment of INR 8.82 crore and a registration fee of INR 30,000. These figures highlight the increasing property valuations in Wagholi, reflecting its potential as a real estate hotspot.

Wagholi: A Rapidly Growing Residential Hub
Wagholi has emerged as a sought-after residential and investment destination, thanks to its strategic location along the Pune-Ahilyanagar Highway. Its proximity to the Kharadi IT Hub has further strengthened its appeal among professionals and homebuyers. The area is also well-connected to commercial hubs, educational institutions, healthcare facilities, and shopping centers, making it a promising location for real estate development.

Upcoming Metro Connectivity to Boost Real Estate Prospects
The planned 11-km Ramwadi-Wagholi Metro extension, which will introduce 11 new metro stations, is set to significantly enhance connectivity and ease of commuting. This development is expected to increase demand for residential and commercial properties, positioning Wagholi as a future-ready locality for both businesses and homebuyers.

Casagrand Millenia’s Growing Presence in Real Estate
Casagrand Millenia, a privately held, non-government entity registered with the Registrar of Companies in Chennai, has been expanding its footprint in the real estate sector. This recent acquisition in Wagholi reinforces the company’s commitment to investing in high-growth locations and tapping into Pune’s dynamic property market.

Key Highlights:

• Casagrand Millenia acquires 1.18 hectares in Wagholi for INR 126.04 crore.
• Deal registered in January 2025, with INR 8.82 crore stamp duty paid.
• Wagholi's strategic location near Kharadi IT Hub attracts real estate investments.
• Upcoming Ramwadi-Wagholi Metro extension to improve connectivity.
• Casagrand Millenia strengthens presence in Pune’s booming real estate sector.

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