In a landmark real estate transaction, a 12,000 sq ft penthouse in Pune has been sold for a staggering ₹37 crore, marking it as the most expensive property deal in the city's history. The luxurious penthouse is located in Lodha One, Bund Garden, a prestigious project by the renowned real estate developer Macrotech Developers, also known as Lodha.
This sale sets a new benchmark in Pune's luxury real estate market. Over the past two years, from April 2022 to the present, Pune has witnessed 32 apartment registrations in the luxury segment, with property values exceeding ₹10 crore. The previous highest recorded value was ₹18.5 crore.
Registered under the Real Estate Regulatory Authority (RERA), the Lodha One (Bund Garden) penthouse boasts a per-square-foot price in the range of ₹28,000-29,000, making it the most expensive property in this segment. This property, dubbed Emperor Palace, is part of Lodha’s first luxury project in Pune.
Lodha One Bund Garden is a response to the increasing demand for luxury residences and the rising scarcity of land in Pune. Spanning three levels, this exclusive penthouse features a private terrace and pool, offering unparalleled luxury and privacy to its residents. Additionally, homeowners benefit from the exclusive services of Lodha’s private hospitality service, Saint Amand, which caters to all their hospitality needs.
Designed by the Singapore-based firm Sitetectonix, Lodha One Bund Garden embodies Lodha’s philosophy of luxury living, combining world-class design and exclusive amenities to create a unique living experience.
This record-breaking deal highlights the growing demand for high-end properties in Pune, further establishing the city as a significant player in India's luxury real estate market.
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