Pune Real Estate Soars: Flat Prices Jump Rs 20 Lakh in Just One Month

Real estate: The real estate sector in the country is growing fast. Land and flat prices are rising regardless of the area. In this context, an experience a person had in Pune city has gone viral online. 

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Kunal's opinion on the residential market

As India's housing market booms, Pune's Kunal Gandhi shared his story on X. He questioned if the soaring flat prices reflect real demand or a bubble waiting to burst.

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A shock while trying to buy a home

Kunal said he's been house-hunting in Pune. Last month, he checked out a project in Wakad. A 3BHK was quoted at ₹1.80 crore. He left to discuss it with his family.

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₹20 lakh increase in one month

When Kunal returned for the same flat later, he was shocked. The sales team said the price hit ₹2 crore in just a month. When asked why, they cited high demand for the ₹20 lakh jump.

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More delay means a bigger burden

Kunal revealed the developer said the price could hit ₹2.15 crore in another week or ten days. He added that the situation is similar in surrounding areas, with prices rising fast in every project.

Went to see a 3BHK flat in Pune on launch a month ago. 

Realtor quoted looks 1.80 CR. 

Went there after 15 days again. This time, the price went to 1.95 CR. 

I wanted to ask further questions yesterday. Quote is now 2 CR with projected to be 2.15 CR next month. 

Either…

— Kunal Gandhi (@kunalvg) January 8, 2026

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What's the truth behind the boom?

Kunal's post questioned if this boom will bust. It went viral. Some users see real demand, others a bubble. Many feel it's a goldmine for investors, citing the huge monthly profits.