Pune Real Estate ... 
  Should I rent or buy a property in Pune?
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Pune Real Estate Calculator

Finding a Home In Pune
If you plan to rent or buy a property in Pune, finding your property will be a major step in your relocation to Pune. If you have not lived in Pune, you should rent rather than buy your property in Pune, at least for six months. If you would like to rent or buy a real-estate property in Pune you may email us at webmaster@india-travel-guide.de with your real-estate questions.


It is the best way to know not only if Pune is the place you want to live or retire for the next few years, but also if Pune is suited for you.

Apartments & Houses in Pune
If you are planning on living in Pune, it is likely that you will be living in an apartment/condo versus a house.

Please make sure that modern equipments, such as electricity and water should function to the maximum. Please double-check and make sure electrical outlets are located in every room and functioning.

Make sure you turn on the water and make sure that hot and cold water is functioning and flush the toilet, turn on the shower. Don’t count on real-estate agents in Pune to point out the negatives of a place they’re trying to rent or sell you.

Pune Agencies
Real-estate agencies in Pune advertise in local Pune newspapers and as well on their office windows.

You should be able to notice a real estate agency in Pune by the window full of ads for the different apartments or houses they have available for rent or sell in Pune.

Before you begin working with an agency in Pune, check that their fees are acceptable and that they are a member of the Pune Real-estate Assocation. In most rental agreements in Pune most agencies charge a month’s rent for a twelve-month rental agreement.

When selling a property in Pune, real-estate agents in Pune usually charge between 2.5% and 3% of the final sales price.
Monthly rent Pune:€
Monthly Pune rental insurance:€
Expected annual inflation rate in Pune:  %
Purchase price of property in Pune:€
Down payment amount:€
Length of Pune mortgage term (years):#
Pune Mortgage's annual interest rate:  %
Discount points on purchase of home in Pune:  %
Origination fees:  %
Other loan costs in Pune:€
Mortgage Insurance (PMI):  %
Pune Homeowner's insurance rate:  %
Monthly association dues in Pune:€
Average monthly maintenance of Pune property:€
Pune Annual property tax:€
Pune plus government income tax rate:  %
Interest rate you expect to earn on savings in Pune:  %
Expected percentage your Pune home will appreciate by each year:  %
Number of years you will stay in Pune:#
Pune Realtor commission rate:  %
Total estimated cost of renting a property in Pune:€
Total estimated cost of buying a property in Pune:€
After coming to an agreement on a rental or purchase, both parties in Pune sign the contract. However, it is not a legal agreement until the appropriate seals of the city of Pune with a tax stamp has been purchased and affixed to ther agreement. You have to make sure before finalising the lease or purchase that the official seal of Pune will be affixed to the agreement.

Renting
Real estate agencies in Pune are the safest way if you want to rent or buy a property in Pune. Please make sure they are a licensed agent in Pune and very familiar with the Pune property market.

Local newspapers in Pune also advertise apartments and houses for rent, but word of mouth is the best way in Pune. If you are currently an academic in Pune, you could check local at local universities in Pune, where apartments or rooms for rent are commonly posted.

In general rental rates in Pune, increase by a small percentage each year in accordance with the government’s annual cost of living reports in Pune. You can find yearly leases in Pune, and more short-term housing is available near academic institutes or around tourism areas within Pune.

Short-term tourist housing in Pune is fully furnished and most of the time fully equipped. If you have the budget, you could rent a serviced apartment in Pune.

If you want to buy a property in Pune, I would highly suggest you to have the property checked out by yourself and hire a lawyer in Pune to check how much debts the property has currently registered and if those numbers matched with the seller of the property in Pune.

If you are buying a brand new property, you’ll need to pay property tax in Pune. If your purchase is a luxury property, you may have to pay local taxes in Pune and possible stamp duty.

Even as a non-resident homeowner in Pune, you may become liable for all kind of taxes in Pune, including income tax.

Pune Mortgages
If you plan to take a mortgage in Pune you need at least a 20% downpayment of the purchase price of the property in Pune. Even if you generate rental-income from renting your Pune property out, it is not considered by most lenders as you may decide to move in, at a later time.

The Pune Real Estate calculator will help you to compare the costs of renting a house or condo in Pune to the costs of buying a house or condo in Pune. Since there are all kinds of forces at work behind the scenes such as the current interest in Pune, Pune property taxes, tax savings, appreciation in general to investments in Pune, comparing the cost of renting to the cost of buying in Pune is a lot more complicated than just comparing the monthly mortgage payment to the monthly rent payment.

The Pune Calculator attempts to forecast the net effects of all the hidden forces so you can make an informed decision before buying or renting a property in Pune.

Help Buttons: For pop-up explanations of any of the entry fields, click the radio button next to the description.

NOTE: Be sure to enter "0" (zero) in any entry boxes that don't apply to you. Also be sure that only numbers and decimal points are entered into the fields.

Property Types in Pune

  • Pune Multi-Family
    Traditional, multi-family residential complexes located in Pune and suburban markets of Pune.


  • Pune Mixed-Use
    Properties in Pune that integrate and combine residential with different uses, including retail and office spaces.

  • Pune Office
    Traditional office or office type properties in Pune.


  • Pune Retail
    Properties in Pune with a mix of tenants that meet the convenience needs of neighborhood residents, including video stores, grocery, and financial services companies within Pune.


  • Pune Light Industrial
    Single- or multi-tenanted spaces in Pune used for warehouse, manufacturing, distribution, or research and development in Pune.

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