Is Ravet or Wakad cheaper?

Ravet is the cheaper of the two, at a median of ₹8,260 per square foot of carpet against ₹10,408 in Wakad, about 26% more. On a 700 sq ft carpet flat that is roughly ₹15 lakh of difference for the same floor area.

How much more expensive is Wakad than Ravet?

About 26% on the median registered rate: ₹10,408 a square foot of carpet in Wakad against ₹8,260 in Ravet. Both are medians of sale agreements actually registered, 13,441 and 13,124 of them respectively, rather than of prices being asked.

Which has more delays, Ravet or Wakad?

Ravet has 9 projects sitting past a completion date its promoter filed, and Wakad has 6. On revised dates, which are the commoner problem, it is 122 in Ravet and 73 in Wakad.

How far apart are Ravet and Wakad?

About 6 km between the middle of each area, worked out from the coordinates promoters filed for their own projects.

Ravet or Wakad

Two areas about 6 km apart, compared on what buyers registered rather than on what anyone is asking.

Wakad is the dearer of the two. Its median registered rate is ₹10,408 a square foot of carpet against ₹8,260 in Ravet, a difference of about 26 percent. On a 700 sq ft carpet flat that is roughly ₹15 lakh more for the same floor area.

What buyers paid

Measure	Ravet	Wakad
Median registered rate	₹8,260/sq ft	₹10,408/sq ft
Middle half of agreements	₹7,372–9,340	₹9,117–11,437
Agreements behind the median	13,441	13,124
Against the Pune median	-11%	+12%
Registered projects	167	120
Flats declared	23,058	21,271
Sold or booked	14,160 (61%)	13,621 (64%)
Past their completion date	9	6
Have moved a completion date	122	73

How much weight each figure carries

Ravet's median rests on 13,441 registered agreements across 167 projects, and Wakad's on 13,124 across 120. The agreements behind them run from January 2018 to September 2323 in Ravet and February 2017 to September 2026 in Wakad, so neither figure is a snapshot of one quarter.

Both numbers are medians of what individual buyers registered, per square foot of RERA carpet area. They are not asking prices, and they are not a forecast: a median is a description of agreements already signed. Where the two areas differ in the mix of flats being sold, some of the gap between them is that mix rather than the ground. How these are worked out sets out the rules, including what is excluded and why.

Delivery risk

Ravet has 9 projects past a completion date the promoter filed, and Wakad has 6. A moved date is more common than a missed one: 122 in Ravet and 73 in Wakad have revised the date they first registered.

The projects behind these figures

Common questions

Is Ravet or Wakad cheaper?: Ravet is the cheaper of the two, at a median of ₹8,260 per square foot of carpet against ₹10,408 in Wakad, about 26% more. On a 700 sq ft carpet flat that is roughly ₹15 lakh of difference for the same floor area.
How much more expensive is Wakad than Ravet?: About 26% on the median registered rate: ₹10,408 a square foot of carpet in Wakad against ₹8,260 in Ravet. Both are medians of sale agreements actually registered, 13,441 and 13,124 of them respectively, rather than of prices being asked.
Which has more delays, Ravet or Wakad?: Ravet has 9 projects sitting past a completion date its promoter filed, and Wakad has 6. On revised dates, which are the commoner problem, it is 122 in Ravet and 73 in Wakad.
How far apart are Ravet and Wakad?: About 6 km between the middle of each area, worked out from the coordinates promoters filed for their own projects.

Other comparisons

Every locality comparison.

City-wide, the Pune registered-price index shows which way rates have moved, and every locality is listed with the evidence behind its own rate.