UC Punawale Skyscrapers acquires 2.38 hectare land in Pimpri-Chinchwad for Rs 129 crore, ET RealEstate


NEW DELHI: UC Punawale Skyscrapers LLP has acquired 2.38 hectare (28,465 square yards) land parcel in Punawale, Pimpri-Chinchwad for Rs 129 crore.

The company paid a stamp duty of Rs 9.03 crore and a registration fee of Rs 30,000, according to the Inspector General of Registration (IGR) documents reviewed by Square Yards. The transaction was officially registered in February 2025.

Anand Moorthy, co-founder and CBO, Capital Market & Services, Square Yards said, “Pimpri-Chinchwad has firmly established itself as a key residential market, consistently accounting for 40-45% of Pune’s overall quarterly residential registered transaction volume.”

Currently, the average price of residential property in Punawale stands at Rs 9,666 per sq ft.

  • Published On Feb 19, 2025 at 12:30 PM IST

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