The Supply Crisis: 3 Forces That Killed NA Land
PMRDA Zoning Lock
PMRDA's 2024 Master Plan reclassified over 60% of peripheral agricultural land as "green zone" or "public utility," permanently removing it from NA conversion eligibility.
Metro Corridor Acquisition
Pune Metro Phase 2 and 3 corridors have acquired massive land parcels along Hadapsar-Manjari, leaving zero large contiguous plots for new township development.
Apartment Saturation
Developers prefer apartments for higher margins. In 2025, only 3 branded NA plot projects launched in all of Pune — down from 28 in 2019.
What This Means For You
If you've been researching NA bungalow plots in Pune, you already know the market. The question isn't "should I buy land?" — it's "can I still find branded land to buy?"
Kumar Magnacity at Manjari is the answer. With only 23 plots remaining in a 150-acre PMRDA-sanctioned township, this is objectively the last chance to own branded NA land in Pune's East-South corridor.
The Mathematics of Scarcity
- 2019: 28 branded NA plot projects active in Pune metro — Avg. plot price: ₹3,800/sq.ft.
- 2022: 12 branded NA plot projects — Avg. price: ₹5,200/sq.ft. (+37%)
- 2024: 5 branded NA plot projects — Avg. price: ₹7,100/sq.ft. (+87%)
- 2026: Only 2 branded projects still selling — Kumar Magnacity is one of them