Raymond Realty, the real estate arm of the Raymond Group, has listed RAYMOND BANER in Baner, Pune, at the Pre-Launch stage. Baner sits beside Balewadi, Aundh and the University Circle area, with the Hinjewadi IT hub within a short drive, which makes it one of the few western Pune localities that serves both residents and office workers.
Raymond Realty's entry into Baner comes through RAYMOND BANER, a project that is still at the pre-launch stage. The Raymond Group has its roots in Thane, Maharashtra, and Raymond Realty builds under that long manufacturing and textile heritage, which gives the brand a recognisable name among Maharashtra buyers. For a buyer looking at Baner, the relevance of the developer lies in bringing a branded, pre-launch offering into a locality where most listed stock is already under construction or ready.
Baner's listing base is deep. Around 1,199 properties are listed for the locality on 99acres, and most of the active projects here are already under construction and registered with MahaRERA. A pre-launch entry from Raymond Realty therefore sits at the start of the buying window, before the locality's newer phases reach completion.
Baner has moved from an upcoming suburb to a mature premium market. Its character is mixed and residential-led, with villas and apartments in several sizes, while Baner Road carries the commercial activity, including offices, showrooms and the metro line. Buyers who want a home close to work and daily services tend to look at Baner because the locality has most of what a family needs within a few kilometres.
Government registration records show 115 transactions in the locality over October 2025 to September 2026, worth a total of ₹185 crore. That level of activity signals a market where buyers and sellers are both active, and it gives a Raymond Realty buyer a reference point for resale and rental demand later.
Baner is linked to the Mumbai-Pune Highway, the Baner-Pashan Link Road and Balewadi High Street, and the area sits on the Mumbai-Bangalore highway corridor known as NH-48. Pune Railway Station is about 11 to 12 km away, Pune Junction is the nearest main railway station, and Pune Airport is about 18 to 19 km away, with travel times that vary by traffic.
Pune Metro Line 3, the Pink Line, runs 23.2 km on an elevated alignment with 23 stations, from Maan in Hinjewadi to District Court. It was inaugurated on 3 November 2026, and passenger service began on 4 November, with trains running from 6 am. The line opened with 17 of its 23 stations, and Balewadi High Street and Balewadi Phata are due by the end of November 2026. Baner Gaon and Baner Pashan Link Road are due in stages by January 2027. Trains run every 5 minutes 30 seconds at peak and every 10 minutes off-peak, from 6 am to 11.40 pm. At District Court, Line 3 connects with Pune Metro Lines 1 and 2.
The average asking rate for flats in Baner stood at ₹11,700 per sq ft for April to June 2026, up 1% on the quarter from ₹11,550 per sq ft in January to March 2026. The flat price band runs from ₹10,450 to ₹14,650 per sq ft. Average land rates are about ₹9,750 per sq ft as of January to March 2026. New residential projects listed on Pune Home in Baner show a median asking rate of ₹13,700 per sq ft on carpet area, with the middle half of units between ₹12,600 and ₹18,400 per sq ft as of October 2026.
| Configuration | Typical ticket size, as of June 2026 | Monthly rent range, as of July 2026 |
|---|---|---|
| 1 BHK | ₹57.7 to 73.9 lakh | Not reported |
| 2 BHK | ₹99 to 125 lakh | ₹28,000 to 42,000 |
| 3 BHK | ₹1.55 to 2.75 crore | ₹38,000 to 60,000 |
On a 2 BHK of about 1,000 sq ft of carpet area, gross rental yields in the locality come to 2.2 to 2.8%, as of September 2026.
The Orchid School, VIBGYOR High, Symphony International School and Indus International School are in and around Baner. VIBGYOR High in Baner is about 5.8 km from the locality's centre, and Shri Mhatoba Tukaram Balwadkar Vidyalay is about 2.3 km away. Jupiter Hospital is about 1.5 km away, Medipoint Hospital is about 2.3 km away, and Manipal Hospital Baner is close by. For shopping, Westside Baner is about 1 km away, Westend Mall covers about 436,000 sq ft with over 115 stores, and Phoenix Millennium is about 4 km away. Primrose Mall, Star Bazar and Tangent The Furniture Mall add to the retail mix. Balewadi High Street is the main dining strip, and Baner Road runs a strong cafe and restaurant scene.
Three factors keep Baner in demand. The first is access to Hinjewadi and the wider IT corridor, which gives a short commute for many working residents. The second is the social infrastructure, with established schools, hospitals and retail already in place. The third is the rental base: the 2 BHK and 3 BHK rent ranges show that tenants are active in the locality, which supports the investor case for a branded project such as RAYMOND BANER.