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Godrej Properties ties Pune luxury to wellness and nature in new study

The developer's own research and a new Mahalunge clubhouse signal where it sees Pune's premium buyers heading, as profit fell in the latest quarter.

Godrej Properties ties Pune luxury to wellness and nature in new study

Key points

  • On 26 October 2026, Godrej Properties launched the Pune edition of its study, The Elevated Living Edit, and opened a 1,400 sq m clubhouse at Godrej Hill Retreat, Mahalunge.
  • The study says 78% of respondents want dedicated yoga and meditation space and 74% prioritise wellness amenities; 79% said they were willing to reinvest in Pune.
  • The company said it is on track to deliver over 4,000 homes in Pune by the end of FY27 (March 2027).
  • In Q2 FY27, consolidated net profit fell 62% year on year to ₹154 crore, while half-year booking value rose 7% to ₹16,659 crore.

On 26 October 2026, Godrej Properties Limited launched the Pune edition of its research study, The Elevated Living Edit, at Godrej Hill Retreat in Mahalunge, Pune. The company also opened a clubhouse at the same project. The launch was held during Shubh Aarambh, the developer's home-handover event. The company's message is that luxury in Pune is now defined less by size and address and more by how a home supports daily living.

What the study says

The study is the developer's own research. Its headline findings are that 78% of respondents want dedicated yoga and meditation space, and 74% prioritise wellness amenities more broadly. Some 76% prefer homes with large balconies, and 72% want greater access to green spaces. Community and recreation features drew interest from 68% and 67% of respondents. Sustainability and smart-home technology were prioritised by 64% and 60%. Overall, 79% said they were willing to reinvest in Pune's residential market.

Mayank Poddar, CEO, West-East Zone, Godrej Properties, said Pune "remains a dynamic residential market" and that luxury there is now defined by wellness, meaningful community experiences, access to nature, sustainability and thoughtful design.

The clubhouse and the project

The clubhouse covers 1,400 sq m and is themed as an eco-resort. It is divided into four zones: the Kids' Carnival Zone, Tranquil Zone, Resort Roof Arena and Eco Resort Club, with seven themed gardens. The developer's project page also lists a 280-metre elevated skywalk, an organic spa, premium guest suites, a digital gym and a fitness centre.

Godrej Hill Retreat is on Baner–Mahalunge Road and forms part of the RiverHills mixed-use township, which spans 40 hectares. Mahalunge lies between Baner, Hinjewadi, Wakad and Balewadi. NH 48, Nande Balewadi Road and Baner Road provide access towards Hinjewadi, Baner and Balewadi. Pune Metro Line 3 (Pink Line), which runs from Civil Court to Megapolis Pune in Hinjewadi, is under construction.

Listing sources differ on unit configurations, carpet areas, prices and possession dates for the project. The developer's page lists 1, 2 and 3 BHK flats. Buyers should confirm the unit mix, area, RERA registration details and possession timeline directly with the developer and the project's RERA records before making decisions.

Delivery and quarterly results

Poddar said the company is on track to deliver over 4,000 homes in Pune by the end of FY27, the year ending March 2027. In Q2 FY27 (the quarter to 30 September 2026), Pune deliveries included Godrej Meadows and Godrej Hill Retreat at Mahalunge, which the company put at 2.0 million sq ft combined. Pune booking value for the quarter was ₹976 crore.

At group level, the company reported a Q2 booking value of ₹8,008 crore from the sale of 3,658 units covering 6.2 million sq ft. Half-year booking value was ₹16,659 crore, up 7% year on year, which the company described as its highest-ever first-half booking value. Consolidated net profit fell 62% year on year to ₹154 crore in the quarter. The company attributed a 6% year-on-year decline in quarterly booking value to some launches shifting into Q3 FY27. It expects booking value for FY27 to grow 15–20% year on year.

What buyers and investors should watch

For buyers, the study points to what one developer sees as the main demand in Pune's premium segment. Because the figures come from the company's own research, they are best read as a statement of the developer's market view rather than independent evidence.

For investors, the profit decline and the shift of launches into Q3 are the figures to watch alongside the amenity spending. The next checkpoints are the Q3 FY27 launches the company has said were moved and whether the Pune delivery target of over 4,000 homes by March 2027 is met.

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Jayanti Narayanan
Mumbai & Pune

Jayanti Narayanan tracks Mumbai's redevelopment, launches across the MMR and the Pune market, with a focus on supply, pricing and regulation.

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