Pune real estate has slowly and steadily become one of the best real estate investment options. This is hardly a surprise since the demand for residential homes in Pune has increased immensely. Pune has several factors in its favor such as good education, low real estate cost, a plethora of job opportunities, great climate, flourishing IT Hubs, and fast-paced development. Here are the locations you should consider if you are looking to invest in Pune real estate.
Hinjewadi has one of the biggest IT parks in the country. It boasts of giants such as Infosys, Wipro, and so on. It is one of the fastest developing suburbs of Pune. This has to lead to a lot of people migrating here for jobs and this has thus led to the emergence of a lot of great housing projects. This in turn has steadily increased the value of a real estate in Hinjewadi.
Check Out: Best Residential Projects in Hinjewadi
Tathawade is an emerging suburb in close proximity to Pimpri Chinchwad and Hinjewadi. It has developed immensely over the past few years. You will find good malls, schools, and plush residential projects here. Many people who work in Pune prefer living in Tathawade to get a great work-life balance and enjoy a peaceful life while living within the city.
Check Out: Best Residential Properties in Tathawade
Situated near Pimple Saudagar, Wakad, and Hinjewadi, Rahatni is an important location when considering an investment in Pune real estate. With fast-paced infrastructural development, good educational institutes, and great connectivity to the main city, Rahatni is considered a great option for investment as well as for settling.
Even though it is half an hour away from Hinjewadi, Talegaon is very popular amongst investors interested in Pune Real Estate. This town has grown by leaps and bounds and has several people migrating to it due to its close proximity to the main city, constant pleasant weather, and tranquil climate. It is the perfect place for people looking to settle in a place that offers the perks of city life while living surrounded by nature or for people looking for second homes. The cost of investment here is also comparatively low as compared to the city.
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Wakad possesses all the advantages that attract investors and other real estate customers. Furthermore, Wakad’s strategic location, state-of-the-art amenities, social infrastructure, proximity to industrial hubs, and its proximity to IT firms in Pune make having residential properties in Wakad, a hot property. This sub-urban area boasts of lifestyle standards that match those in metropolitan cities.
Check Out: Best Residential Property for Sale in Wakad
If you ask anyone who has been living in Pune for a long time will tell you that, Baner- Balewadi is one such fringe area of West Pune that has grown to be one of the most promising real estate hotspots. This location is preferred by luxury home seekers, affordable home buyers, NRIs, and even commercial property investors.
Check Out: Best Residential Property in Baner-Balewadi
7. Pimple- Saudagar
Pimple Saudagar is one of the rapidly growing suburban areas of Pune. Apart from its proximity to the industrial belt in Chinchwad MIDC, Pimple Saudagar is also close to the IT hub in Hinjewadi, well connected with other greater parts of the Pune city. Having this advantage has helped Pimple Saudagar to develop as a premier residential and commercial area.
Check Out: Best Residential Property in Pimple Saudagar
Kamshet is at the cusp of real estate development. The scenic environment, pollution-free and picturesque location of Kamshet has attracted tourists over the period time. Additionally, its connectivity with two major cities of Maharashtra; Mumbai and Pune has made Kamshet an ideal location for investors, MNCs to shift or start their operational base for any of their further projects. While the development is at its early stages, it is anticipated that Kamshet will develop in all aspects.
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If you are planning to invest in Pune real estate then these locations will definitely give you good returns. There are many great projects in these locations which will give you a great house within your budget.