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Top locations in Pune to invest in real estate

December 09, 2020 | Silky Malhotra

Top locations in Pune to invest in real estate

Pune continues to attract property owners and students from all over India, being one of the best educational and cultural hotspots. Real estate investors have been willing to explore the investment potential of this city for long. Pune provides its residents with tremendous employment prospects. Besides, NRIs have been moving to Pune in large numbers.

Let’s explore the top locations in Pune, where you can purchase a new property.

Wakad

Located in the north-western part of Pune, Wakad is presently one of the leading investment hubs for real estate buyers. This area is surrounded by residential zones like Pimple Saudagar and Pimple Nilakh on the east, Balewadi and Baner in the south, Hinjewadi in the west and Chinchwad in the north. A seamless connectivity through roadways and the availability of employment prospects around has turned Wakad into a great place to own a house. Some of the prominent roads connecting Wakad to other parts of Pune include the Mumbai-Pune Expressway,Wakad Road, and the Wakad-Bhosari BRTS Road. One can reach the airport in 45 minutes from Wakad, the Chinchwad Railway Station lies around 8 Km. away from the complex.

Investors willing to buy commercial spaces in Wakad should check out VJ Sure. With spaces available from INR 23.95 lakhs, this property would be ready for possession by June 2023.

Baner

One of the most popular localities on the western part of Pune, Baner has established itself as a prominent real estate hub. People are looking for luxury and affordable homes, as well as commercial properties in Baner. This locality is yet to be saturated with real estate projects, unlike Central Pune. The Baner Road and Mumbai-Bengaluru Highway connect Baner to other parts of the city. Besides, the public transportation system in this area is well-developed.

Hinjewadi

Nested in the north-western zone in Pune, Hinjewadi is the largest IT hub of the metropolitan. This makes it a great place to invest in properties. Besides, this city is seamlessly connected to Mumbai, Bengaluru and other cities. The Mumbai-Pune Expressway and Pune-Bangalore Bypass are two of the most prominent thoroughfares connecting this locality to other parts of the country.Hinjewadi would be connected to MIDC,PCMC and PMC areas through the upcoming metro routes.

Kharadi and Undri are some of the other prominent real estate hotspots in Pune. Investors may consider purchasing upcoming residential and commercial properties in these locations.

 

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