Pune, the IT hub of India, is a booming mega city where real estate investments are not just rising but thriving. Leveraging its fertile investment climate has turned out to be a long-term goldmine for a large pool that invested in residential apartments in Pune.
If you are thinking of being one among them, you are right on point, because Pune’s market is hot. The key to making it count, however, lies in cracking the location code.
‘Where to invest’ is the most critically important attribute for residential investments, and to help you answer that, here are the top six locations you should consider for buying a home in Pune.
Trendy offices and retail spaces surrounded by IT workforce, that's what Baner is all about! Emerging top choice for commercial properties near Hinjewadi IT Park, it's a goldmine for high returns and excellent connectivity to highways and key areas like Aundh.
Baner enjoys easy connectivity to the bus stand, Krishi Anusandhan Station, and Wakad Chowk, which makes it a great location to commute to and from any city touchpoint.
Naturally, the residential ecosystem here is flourishing with projects like Vilas Javdekar Portia Grande standing out in the trend.
Kharadi is your place if you are eyeing a residential property near EON IT Park. Kharadi is also linked by easy road access to the airport. Proximity to Koregaon Park is the icing on the cake making it one of the best locations to buy an apartment in Pune, especially with the metro on its way.
Reinforced by a flourishing IT sector, Kharadi often draws parallels to the IT epicentre, Hinjewadi. It surrounds Koregaon Park, Kalyani Nagar, and Bund Garden -- Pune's downtown locations-- with the airport only about 7-8 km away.
Wakad has carved its own niche as a strategic location near Hinjewadi and the Mumbai-Pune Expressway. It hosts top-notch schools, a thriving IT crowd, and accessibility to Pune's most strategic locations. Being slightly more affordable than other top areas makes it a great choice for buying a home in Pune, especially if it’s a first-time investment.
Wakad draws multiple location advantages, being enveloped by Maval Taluka, Talegaon Dabhade Taluka, Chinchwad and Velhe.
Besides NH-4 and the Pune-Mumbai Highway, it is extremely well connected to other key city locations such as Aundh, Baner, Pashan, and Shivajinagar.
The most significant advantage is that it is just a few minutes from the Hinjewadi IT hub. All of this, along with Pune's booming employment, has escalated Wakad into one of the fastest developing zones in the city.
Probably the most well-known location that has given Pune its IT face, Hinjewadi houses the famous Rajiv Gandhi Infotech Park. A 2 or 3 BHK for sale in Hinjewadi with global giants like Infosys and Wipro in the vicinity makes for a great option to live in. This IT hub is also in the middle of a hospitality and retail boom, making it an investment goldmine.
Mundhwa is the latest to list among the top six locations to invest in Pune. It offers surprising affordability near Kharadi with top healthcare facilities and excellent connectivity. If you are looking for a residential property in Pune that is affordable with prime location advantages, Mundhwa is a great option, especially for relatively high returns projects such as Mantra Mirari in Koregaon Park.
This industrial behemoth houses Asia's largest MIDC and is a magnet for businesses. With over 4,000 industrial units and major automakers, the Pimpri-Chinchwad region has a robust ecosystem.
Pimpri Chinchwad is already an established economic and commercial hub riding a wave of IT infrastructure growth. It is an industrial powerhouse making its mark as a top-class office establishment zone.
All of this has boosted its residential prospects with multiple residential projects coming up here.
As with all residential investments, location is key! The locations mentioned above have unique strengths, bring a different value proposition, and hold immense potential for investment success.
The onus to ensure your investment meets its rightful destination rests on you. It means getting your investment perspective and location choice spot on. Along with that, expert advice is never uncalled for; in fact, our clients report being able to make more informed choices collaborating with us.
If you seek a residential apartment for sale in Pune, get in touch with us to explore Pune and its rising micro-markets.
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