Bangalore
  • Bangalore
  • Mumbai
  • Delhi
  • Pune
  • Chennai
  • Hyderabad
  • Kolkata
  • Ahmedabad

Luxury locations in Hyderabad and Pune

luxury localeIndian real estate has changed drastically over the past decade or so. Rapid urbanisation has dotted the cityscapes with high rises and work mobility has resulted in an influx into the major cities. Although high input cost, rising inflation and steep interest rates have compelled real estate to go through a lean patch in the past couple of years, demand for luxury apartments seem not to have taken a severe hit.

Luxury real estate in India

The market for high end luxury homes, homes with a price tag of above two-three crore is still growing in demand. Around 5000 luxury homes worth more than 3 crore were launched during 2012. Let us take a look at the luxury localities in major cities of India – localities where one can buy a home worth around Rs 2 crore.

Mumbai and New Delhi were once being considered the centerpieces of Indian real estate. Although they still continue being the high seats of both residential and commercial real estate; cities like Chennai, Pune, Hyderabad, Bangalore, Kolkata, chandigarh and Ahmedabad have come up as the big realty destinations in the past couple of decades.

Luxury homes in India are increasingly riding the tide of high demand. Two factors are working in favour of the luxury segment – growing number of high net worth individuals (HNIs) and higher mobility of working professionals across the cities. Premium homes come with a plethora of features that carry the tag of luxury living. The young professionals increasingly want to seek affluent lifestyle for them and for their family. Luxury homes in India now come with expensive villa/apartments located in central locations and offers experience of luxury lifestyle.

Hyderabad and Pune are two of the most promising and high growing real estate destinations in India. Here, let us take a look at localities in these two cities which offer luxury homes in the range of Rs 2 crore to Rs 4 crore.

Hyderabad

Hyderabad is considered as the one of the biggest IT/ITeS hub in India. The massive growth of IT sector in the city has resulted in job opportunities for lakhs of professionals from across the nation. Young professionals come to the city in search of a standard lifestyle and would like settle down in a luxury home which give them the taste of affluent lifestyle.

The city has witnessed feverish growth of residential real estate in areas close to the IT companies/parks and the parallel growth of commercial real estate has helped projecting the city as the realty hotspot. Banjara Hills and Jubilee Hills are the most expensive localities in Hyderabad. The table below shows the localities offering luxury living options in the city.

Locality

Average price (Rs/sq ft)

Average size (sq ft)

Gachibowli 5500 – 6000 4200
Madhapur 4800 – 5400 4500
Banjara Hills 8300 – 8500 2650
Begumpet 5400 – 5600 4000
Jubille Hills 7100 – 7300 3000

Pune

Pune has three factors working wonders for the city – easy connectivity and proximity to Mumbai, the growth of IT/ITeS industry and more and more chunk of population opting it as a residential option. Pune has withstood the sluggish demand affecting the Indian real estate in 2012 and Pune real estate recorded an impressive price appreciation of 7%-8% during the period. The housing demand has been strong in Pune and areas such as Bhosale Nagar, Baner Road and Kawade Road has been able to register a quarter-to-quarter appreciation of 8%-13% in 2012.

The table shows the localities where one can look for expensive premium homes in Pune.

Locality

Average price (Rs/sq ft)

Average size (sq ft)

Sopanbaug 8500 – 12500 3300
Baner 8000 – 9000 3100
Aundh 7500 – 8500 2800
Magarpatta 6500 – 8500 3900
Hadapsar 6400 – 6800 3300

Related Real Estate Articles:

Things to consider while buying a home in Noida

Commercial real estate expected to grow in 2013

Policy change required to boost affordable housing

Tags : Apartments in Pune buy an apartment luxury home luxury home in india real estate hyderabad Real estate India real estate pune

Related Articles

How to Choose the Right Service Apartment for a Long-Term Stay

service apartments near me
Amrish Kishore

When planning an extended stay in a new city, whether for work, relocation, or leisure, service apartments offer the perfect blend of home-like comfort and hotel-like convenience. Unlike traditional rentals, service apartments come fully furnished with essential amenities and flexible lease terms, making them ideal for long-term accommodation needs. Understanding Service Apartments: Beyond Traditional Rentals […]

Top Localities for Ready Possession Apartments Near You

ready to move apartments hyderabad
Amrish Kishore

Finding a ready-to-move apartment in Hyderabad can be a game-changer for homebuyers who don’t want to wait through lengthy construction timelines. The city’s real estate market offers numerous options across diverse localities, each with its unique advantages. Why Choose Ready-to-Move Apartments in Hyderabad? Ready possession apartments in Hyderabad eliminate the uncertainty and delays associated with […]

Top Localities for Ready-to-Move Apartments in Hyderabad in 2025

ready to move apartments hyderabad
Amrish Kishore

Hyderabad’s real estate market continues to evolve rapidly, offering excellent opportunities for homebuyers seeking immediate possession properties. As we move into 2025, the Pearl City presents an impressive array of ready-to-move apartments across diverse neighborhoods, each with its unique appeal and advantages. Whether you’re a tech professional looking to minimize commute time, a family prioritizing […]

A Neighbourhood-Wise Guide to Ready Apartments in Chennai

ready to move apartments chennai
Amrish Kishore

Chennai’s real estate landscape offers a diverse array of ready-to-move-in apartments across its vibrant neighbourhoods. Whether you’re a first-time homebuyer, an upgrader, or an investor, the city presents numerous options tailored to different lifestyles and budgets. Why Choose Ready-to-Move Apartments in Chennai? Ready-to-move apartments in chennai eliminate the uncertainty and delays associated with under-construction properties. […]

Trending Article

Top Localities for Ready-to-Move Apartments in Bangalore in 2025

Posted on July 25, 2025 By Amrish Kishore

How to Choose the Right Service Apartment for a Long-Term Stay

Posted on August 4, 2025 By Amrish Kishore

Top Localities for Ready Possession Apartments Near You

Posted on August 4, 2025 By Amrish Kishore

Top Localities for Ready-to-Move Apartments in Hyderabad in 2025

Posted on July 25, 2025 By Amrish Kishore

A Neighbourhood-Wise Guide to Ready Apartments in Chennai

Posted on July 25, 2025 By Amrish Kishore

Latest Properties - Flats

Latest Properties - Villas

Luxury Properties

Sell your property 3x faster

POST FREE AD

Log in to your account
Thank You!

Your details has been submitted successfully.