UC Punawale Skyscrapers has acquired a land parcel in Punawale in Pimpri-Chinchwad, Pune, for Rs 129 crore, as per property registration documents reviewed by Square Yards on the website of the Inspector General of Registration (IGR). The transaction was officially registered in February 2025.
Punawale, a rapidly developing suburb in Pimpri-Chinchwad, Pune, is emerging as a prime residential destination. Its proximity to Hinjewadi IT Park and seamless connectivity via Mumbai Highway (NH-48) make it a sought-after location for homebuyers and investors.
The area offers easy access to essential amenities, including schools, hospitals, and retail centres like City One Mall. The land parcel involves a total transacted area of 2.38 hectares, with a stamp duty of Rs 9.03 crore and a registration fee of Rs 30,000. With reputed developers launching gated communities and infrastructure improving steadily, Punawale is attracting significant real estate interest.