Casagrand Millenia Private Limited has acquired a land parcel in Wagholi, Pune, for Rs 126.04 crore, according to Inspector General of Registration (n. The transaction was registered in January 2025.
Anand Moorthy, Co-founder and CBO, Capital Market & Services, Square Yards, said, "Pune's eastern micro market is emerging as the most dynamic commercial hubs, witnessing the highest office offtake in the city. This surge, coupled with well-developed physical and social infrastructure, seamless connectivity via the Pune-Ahilyanagar Highway, proximity to the airport and city centre, and upcoming metro line, solidifies its position as a preferred residential destination. Key micro-markets such as Kharadi, Wagholi, Hadapsar, and Viman Nagar, amongst others, are seeing heightened property demand as the workforce continues to gravitate towards the eastern region. Recent land transactions highlight this momentum, with developers strategically expanding their footprint and focusing on mid-to-high segment projects and gated communities with modern amenities in these localities."
Wagholi's strategic location along the Pune-Ahilyanagar Highway and near the Kharadi IT Hub has fueled its transformation into a thriving residential destination. The upcoming ~11 km Ramwadi-Wagholi Metro extension, with 11 new stations, will further enhance connectivity, reinforcing its appeal for businesses and homebuyers alike. With proximity to commercial hubs, reputed schools, hospitals, and shopping centres, Wagholi continues to emerge as a key residential hotspot.
According to documents, Casagrand Millenia Private Limited purchased a land parcel spanning 1.18 hectares (~14,113 square yards) from Krishna Realtors Skyscraper LLP. The transaction incurred a stamp duty of Rs 8.82 crore and a registration fee of Rs 30,000.
Casagrand Millenia Private Limited is a privately held company established on 25 December 2019. It operates as a non-government entity and is officially registered with the Registrar of Companies in Chennai.
