Housing is one of the basic needs for a dignified living in a society. It is essentially a family place, a home. Nowadays, people are shifting to urban areas in search of job, for education, for medical treatment and for establishing new business due to which cities are overcrowded. This has resulted into unavailability of open plots in prime locations of city. Pune is the 9th most populous cities in India and the second largest in the state of Maharashtra having historical and cultural background. Over the last two decades, Pune has also grown tremendously due to development in the automobile hub and establishment of IT Parks. Due to gap between ‘Demand and Supply for the homes’, the real estate segment has seen an exponential growth in Pune. The city, once known for its wadas, is growing into a metro, making way for new multi stored apartments, Co-operative Housing Societies and townships.