Top 5 Localities To Buy Property In Pune

By Investoxpert | 13 Aug 2024 | Real Estate

Pune, India's IT centre, is a rapidly expanding megacity where real estate investments are not just increasing but flourishing. For a sizable pool of investors who bought Property In Pune, taking advantage of the city's favourable investment environment has proven to be a long-term goldmine.

You're on the correct track if you're considering joining them, since Pune's market is booming. But decoding the location code is the key to making it worthwhile.

The most crucial factor when making a residential investment is "where to invest." To assist you in answering that question, below are the Top 5 Localities to buy Property In Pune that you should think about.

Why Pune Is A City To Invest In Real Estate?

Pune is continually growing, therefore now is the ideal moment for Buying Property In Pune as prices for real estate are still reasonable and will only increase over time.

1. The city has seen a significant rise in population, which has raised rental values and provided investors with a reliable stream of income from their homes.

2. Due to the rise in property values over the past ten years, all buyers have seen a significant return on their investment.

3. Pune, the happiest and most liveable city in the nation, has a lovely temperature and a lush environment that can have amazing health advantages for those who move there.

4. Pune, a less populated big metropolis than others, has slowly unlocked its full economic potential and is now prospering in the education and IT industries.

5. Pune's real estate prices are on the increase right now, but in comparison to most other metro areas, the price per square foot is still incredibly low, offering great value for your money.

6. Pune is booming with a strong mix of schools, universities, malls, restaurants, and nightlife thanks to its expanding social infrastructure, making it a desirable place for Buying Property In Pune for millennials to settle down with their families.

Let’s look at the Top 5 Localities in The City Of Pune:

1. Baner

Baner is all about trendy workplaces and retail locations surrounded by IT professionals! Aundh is a prime location for commercial properties close to Hinjewadi IT Park, with great connection to major cities and roads, making it an outstanding investment opportunity with significant returns. The properties developed by the best developers of Pune are worthy of investment.

Baner is a fantastic place to commute to and from any city touchpoint since it has convenient access to the bus station, Krishi Anusandhan Station, and Wakad Chowk.

Naturally, the residential environment is thriving in this area offering a blissful staycation along with the golden opportunity for investing at the Property In Pune.

2. Kharadi

Top 5 Localities To Buy Property In Pune

If you're looking for a home close to EON IT Park, Kharadi is the place to go. The airport is easily accessible by car from Kharadi as well. Being close to Koregaon Park is the cherry on top, making it one of the greatest areas in Pune to purchase an apartment especially with the metro station soon to be built.

Strengthened by a thriving IT industry, Kharadi is frequently compared to Hinjewadi, the epicentre of the IT sector. The downtown areas of Pune, including Koregaon Park, Kalyani Nagar, and Bund Garden, are surrounded by it, and the airport is approximately 7-8 km distant.

One of Kharadi's greatest advantages is its connectivity. Kharadi, which is in Pune's eastern corridor, is conveniently accessible to several important cities making it the best for Buying Property In Pune, including Wagholi, Viman Nagar, and Pune. Kharadi is situated in close proximity to important IT centers, educational institutions, healthcare facilities, and leisure areas due to its strategic position.

Renowned 2 & 3 BHK apartments in Kharadi include:

3. Wakad

Wakad has established itself as a key area close to the Mumbai-Pune Expressway and Hinjewadi. It has excellent schools, a bustling IT community, and convenient access to some of Pune's most important places. It's a terrific place to buy a house in Pune since it's a little more inexpensive than other desirable places, especially for first-time investors.

Wakad benefits from several advantageous locations, since it is surrounded by Maval Taluka, Talegaon Dabhade Taluka, Chinchwad, and Velhe.

It is incredibly well connected to other important city places including Aundh, Baner, Pashan, and Shivajinagar, in addition to the NH-4 and the Pune-Mumbai Highway. It is one of the finest and Top 5 Localities to buy Property In Pune.

The fact that the Hinjewadi IT cluster is only a short distance away is by far the biggest benefit. All of this, along with Pune's booming and high employment rate has actually escalated Wakad’s popularity into one of the fastest developing zones in the city.

4. Hinjewadi

Hinjewadi is the best to buy Property In Pune as it is a home to the renowned Rajiv Gandhi Infotech Park, which is likely the most well-known site that has given Pune its IT face. Living near global titans like Infosys and Wipro, a 2 or 3 BHK for sale in Hinjewadi is an excellent choice. This IT cluster is a bonanza for investors since it's located in the midst of a surge in hotel and retail.

This location has great connectivity, with major highways and the Mumbai-Pune Expressway providing access to all of Pune's important locations, including Baner, Bavdhan, Wakad, Kothrud, Balewadi, etc. Hinjewadi is also an hour and forty-five minutes from the recently constructed International Airport commencing from Navi Mumbai, which will open up a multitude of travel choices for business visitors. The metro network from Shivaji Nagar to Hinjewadi is anticipated to run from March 2025.

Conclusion

In the end, choose from the Top 5 Localities to buy Property In Pune as financial barriers are non-existent when it comes to real estate, which is also easy to finance, easy to buy, offers tax advantages, enhances lifestyle, and provides tax benefits. Among the most favored and reliable investment options is still real estate.

So, call InvestoXpert now to book your dream home at best prices.

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