Buy Property in Handewadi, Pune 2026

Flats in Handewadi trade at roughly ₹4,600–6,550 per sq ft (locality average near ₹5,450). A 1 BHK costs about ₹30–38 L and a 2 BHK ₹48–62 L, with new-launch 3 BHKs crossing ₹65 L. That is 25–35% below adjacent Hadapsar, where rates run ₹6,000–9,550 per sq ft.

Handewadi appreciated about 11% over 3 years and 27% over 5 years, but prices were flat-to-slightly-negative (around -1%) in the last 12 months — an entry window rather than a momentum market. The investment case rests on PMC's ₹954 crore FY2026-27 allocation for merged-village infrastructure and steady tenant demand from SP Infocity and Magarpatta, which supports 3–4% rental yields.

SP Infocity in Fursungi is about 5 km (15–20 minutes) and Magarpatta Cybercity about 7 km (20–30 minutes in peak traffic) via Handewadi and Hadapsar roads. Kharadi's EON IT cluster is farther at roughly 14 km. Most residents are two-wheeler or car commuters, as there is no metro yet.

As a village merged into PMC limits, Handewadi still has gaps: residents report inconsistent water supply, narrow internal roads, and construction-phase dust. PMC has earmarked ₹954 crore in its FY2026-27 draft budget for roads, sewage, and water in merged villages, but buyers should verify a project's own water arrangements (borewell/tanker vs municipal) before booking.