This page is created to inform readers about early market trends and developments. We do not claim to represent the official project or hold RERA approval. All information is based on publicly available news and should be verified with the developer once formally announced.
Pune, August 2025 — K Raheja Corp, through its subsidiary KRC Queens, has secured a 7.43-acre land parcel in the flourishing Mahalunge locality, investing nearly ₹200 crore in the deal. The acquisition—registered on July 21, 2025, with a stamp duty of approximately ₹13.67 crore—positions the developer to tap into a development potential of 1.7 million sq ft of built-up area.
Mahalunge, nestled along the fast-developing Hinjewadi–Balewadi corridor, has emerged as a hotspot due to its proximity to Pune’s IT hub, expanding civic infrastructure, and upcoming metro connectivity. This strategic acquisition reflects confidence in Pune’s booming real estate market, underpinned by a 15% year-on-year rise in property prices.
With this land, K Raheja Corp gains the flexibility to pursue a mix of residential and commercial projects based on prevailing market dynamics. As a seasoned developer with a diverse portfolio across major Indian cities, expanding their footprint in Pune signals a continued commitment to the city’s growth trajectory.
A village in Pune district in the Maharashtra state of India, Mahalunge is a fast-developing region and perfect for settlement and investment in property. It is well linked with other cities through roads and railways. The nearest railway stations are Vadgaon, Lonavala, Talegaon, and Kamshet railway stations. A number of new projects are upcoming in the region as VTP Blue Water, Saarrthi Souvenir, Shroff Solano.
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*Disclaimer
This page is created for informational purposes only, based on publicly available news and preliminary market signals. It does not represent any official communication from K Raheja Corp. We do not claim or offer RERA-registered inventory or commit any sales prior to formal launch. Readers are advised to verify all information independently before making any purchase decisions.
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