3 BHK flats in Punawale have grown in value by 36.9% in the last 5 years. This makes them an excellent investment choice for homebuyers who want luxury living in Pune. The current market shows apartment prices around ₹7,050 per square foot. A 2 BHK apartment costs about ₹63.45 lakh, while 3 BHK flats average ₹84.6 lakh.
Punawale’s residential market offers homes for every budget. Property prices range from ₹37 lakh to ₹2.5 crore, which meet different financial needs. The market has 722 apartments for sale right now. Buyers can choose from 415 ready-to-move units if they need immediate possession, while investors might prefer the 306 under-construction properties.
Punawale’s appeal comes from its strong security rating of 4.1 out of 5 and an impressive overall rating of 4.1 out of 5. The area’s property prices have risen by 5.2% just in the past year. This piece will show you the best projects with 2 and 3 BHK options. You’ll learn why Punawale has become a favourite among homebuyers and get insights to help you choose your luxury home in this promising location.
Punawale has some outstanding residential projects that blend luxury, comfort, and location perfectly. Here are the best 2 & 3 BHK projects in this growing area, each with unique benefits for home buyers.
Top 2 & 3 BHK Projects in Punawale
1. Namrata iRise – Premium 2 & 3 BHK Homes in Punawale
Namrata iRise by Namrata Group is a premium residential address in Punawale offering thoughtfully designed 2 & 3 BHK apartments spread across over 5 acres of landscaped surroundings. Known for quality construction and smart design, this project provides spacious homes with vastu-compliant east-west balconies that allow natural light and ventilation.
The apartments are available from ~776 sq.ft for 2 BHK and ~1,108 sq.ft for 3 BHK, with attractive starting prices from around ₹76 lakhs* and ₹1.10 crores* respectively. Residents can enjoy 35+ lifestyle amenities, including a gymnasium, swimming pool, jogging track, yoga lawn, multipurpose hall, and kids’ play areas.
Located close to the Mumbai–Pune Expressway, Hinjewadi IT Park, and key hospitals, Punawale’s connectivity and growing infrastructure make iRise a compelling choice for families and investors seeking comfort and convenience in Pune’s expanding western corridor.
2. Pharande Puneville – Township-style living in Punawale
Pharande Puneville is a large-scale township project offering well-planned 2 and 3 BHK homes in Punawale. Known for its integrated living concept, the project combines residential towers with open spaces and community-focused amenities.
3. Sankla West World – Value-Driven 2 & 3 BHK Homes
Sankla West World in Punawale offers 2 & 3 BHK apartments that combine affordability with practical living spaces. Known as a value-oriented residential option, this project features efficient layouts and convenient access to major roads and transit points within the suburb.
4. Infinity World – Spacious 3 BHK Living in Punawale
Infinity World offers spacious 3 BHK apartments near the Ravet Hanging Bridge area of Punawale. Designed for families who want generous living spaces in a developing context, the project features a range of resident-focused amenities and quality construction.
5. 108 Astera Premium – Comfort & Connectivity in West Pune
Another option in Punawale, 108 Astera Premium (if available within the 108 Astera development), offers well-planned 2 & 3 BHK residences with an emphasis on greenery, community spaces, and thoughtful amenities.
Why Punawale is a Hotspot for Homebuyers
Punawale has grown faster into one of Pimpri-Chinchwad’s most dynamic localities. The area’s prime location, improved infrastructure, and economic benefits create an ideal mix for homebuyers and investors. Let’s get into what makes this neighbourhood stand out in Pune’s competitive real estate market.
Proximity to IT hubs like Hinjewadi and Wakad
Punawale’s main appeal comes from its prime location near major job centers. You’ll find it just 10-15 minutes away from Hinjewadi, one of India’s largest IT parks. This tech hub houses global giants like Infosys, TCS, Wipro, and Cognizant, which employ over two lakh professionals. Working professionals value this location because it saves them precious time.
Living here means no more long commutes that plague city life. A professional in central Pune might spend 1-2 hours getting to Hinjewadi each day. Punawale residents reach work in 15 minutes or less. This time advantage becomes even more valuable when you look at:
- Direct access to Hinjewadi IT Park, Pimpri-Chinchwad MIDC, and Talawade Technology Park
- Easy links to Wakad’s software companies
- Quick routes to manufacturing and industrial zones in Pimpri-Chinchwad
Property experts say Punawale works perfectly as a middle ground for professionals who work in Hinjewadi but want a peaceful family life. This mix of work proximity and residential calm makes 3 BHK flats here especially appealing to mid-career professionals with families.
This closeness creates real value – you live near work without giving up space or amenities. Many homebuyers call it the best of both worlds – great career options while keeping quality family time that commuting usually steals.
Excellent connectivity via Pune-Mumbai Expressway
Punawale shines with its transport links that go way beyond IT parks. The area sits just 5 minutes from the Mumbai-Pune Expressway, a vital connection between these two economic powerhouses.
The Mumbai-Pune Expressway, officially named Yashwantrao Chavan Expressway, stands as India’s first 6-lane concrete, access-controlled toll expressway. This engineering marvel cuts Mumbai-Pune travel time to about two hours. Punawale residents can now plan weekend trips to Mumbai easily.
The area benefits from several major roads, including:
- Aundh–Ravet BRTS Road with dedicated bus lanes
- Punawale Road and Tathawade Road for local access
- Wakad-Punawale Road linking nearby areas
- Pune-Bangalore Highway (NH-48) connecting to south India
Multiple route options reduce dependence on any single road and provide alternatives during rush hour. This solid transport network helps Punawale keep its peaceful character while staying connected to Pune’s commercial, educational, and fun spots.
Akurdi Railway Station sits about 4 kilometres away, linking residents to Pune Junction and Lonavala. Pune Airport lies 26 kilometres away via Aundh–Ravet BRTS Road.
These transport advantages help maintain property values in Punawale. Well-connected areas typically do better than isolated ones in long-term value growth, making 3 BHK flats here both great homes and smart investments.
Conclusion
Punawale has become a goldmine for homebuyers who want the perfect mix of luxury living and investment potential. The area’s growing importance in Pune’s real estate world shows in its impressive 36.9% price appreciation over the last five years. Property prices here are still quite affordable when you compare them to nearby areas like Wakad and Baner.
The residential options in Punawale cater to different priorities and budgets. ANP Autograph offers premium amenities while Pharande Puneville boasts expansive green spaces. Prices start at ₹54 lakhs for 2 BHK flats and go up to ₹1.8 crores for luxury 3 BHK configurations, giving buyers plenty of choices.
Punawale’s charm lies in its blend of current benefits and future growth potential. Residents are just 15 minutes from Hinjewadi IT Park and have quick access to the Pune-Mumbai Expressway. They also enjoy strong social infrastructure with quality schools and healthcare facilities nearby. The upcoming metro corridor and road improvements could push property values up by 20-30% in the next 3-5 years.
First-time homebuyers will appreciate the 4% rental yield that provides steady income. IT professionals and families create consistent demand, which means minimal vacancy periods. This makes Punawale attractive to both end-users and investors.
You might want to act soon. Prices will likely keep rising as infrastructure projects near completion and more developers discover Punawale’s potential. This thriving locality gives you the perfect combination of comfort today and appreciation tomorrow, whether you want a spacious 3 BHK for your family or a smart 2 BHK investment. Without doubt, Punawale stands out as one of Pune’s most balanced residential spots where luxury meets smart investing.
References: Reddit
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