There are lots of new projects in Pune which is beneficial for investment and it is a known fact that Pune has an excellent demand in the real estate market. The evolution of the city is traced by Realty Plus. If you are looking for buying luxury projects in Pune then this blog is for you to read.
Top areas for property investment in Pune:
1) Hinjewadi
One of the most prominent and established commercial areas in Pune is Hinjewadi and is one of the prime locations for real estate destinations. There are lots of connectivity like Balewadi, Baner, Mahlunge, Wakad, Pimpri etc makes it appealing for property investment in Pune. Another factor which makes most of the investors to buy over here is the famous Pune-Mumbai Express highway. There are lots of IT and Ites-BPO segments that have made this place more prime and due to this more than 85% of employees reside over here. The state’s IT exports which it contributes is about 60 % which is greater than 4.50,000 professionals employed. This is regarded as an important financial powerhouse of Pune. There are lots of companies like Wipro, Infosys, Tech Mahindra, and Cognizant. Hinjewadi IT park has more than 165 corporate companies. There are lots of new projects in this area if you want to know more contact builders and developers in pune.
2)Pimple Saudagar
It is situated between Pimpri and Aundh on the banks of Pavana River. There are various schools and colleges with various boards like state, CBSE and ICSE. Little Millenium, Sai School of Excellence, and Challenger Public school. The residential people will get the benefit of medical facilities because of lots of hospitals and clinics nearby. If you want to make a property investment in Pune then make it here. There are lots of builders in Pune have lots of options provided for such aspiring investors. This place has an excellent demand for IT and Ites related office which has been backed up by Hinjewadi IT Park. This is definitely a well-established market. In the year 2010 the price was around Rs 3640 per sqft and currently 7000 per sq ft.
3)Wanowrie
No doubt there are lots of areas to acquire IT boom in Pune. The price appreciation attained a particular level of stagnation in this market but the next investment location which remains undaunted and undisturbed in terms of luxury property in Pune is none other than Wanowrie. It has lots of positive market drivers to enhance the market much better. It has an excellent connectivity with Haveli Taluka, Hadapsar, Magarpatta, the Purandar Taluka and the Pimpri-Chinchwad Taluka. There are lots of excellent infrastructure and basic amenities like banks,ATMS, hospitals, schools, malls etc.That is why it has become one of the most demanding places for buying luxury properties in Pune. The price range is about Rs 4000 to Rs 5000 per sq ft. The prime landmarks over here are NIBM and Shinde Chhatri.
4) FC Road
FC Road is one of the magnificent and demanding places for buying or investing in potential properties of higher resale value. After Hinjewadi, and Wanowrie which is made an IT boom in the industry. FC Road has become well developed area housing investment and new projects in Pune. The appreciation of resale value in FC Road is about 20 to 25 percent. Currently, the price range of buying the property is about Rs 7000 to Rs 10,000 per sq ft. This place has lots of basic amenities like hospitals, park, schools, colleges, restaurants, bars etc.
The above areas have lots of new projects in Pune