Pune has grown as one of the most favorable cities for investing in residential & commercial real. The city, famed for its educational institutions and quaint localities, is now a buzzing metropolis with great places to live in, and several options for entertainment and dining. Based on the movement of residential property rates in Pune over the last few year, around 5-7 localities have been identified as being the most favorable for price appreciation industry experts.
As the growth of Pune reached to the outskirts, a huge number of townships are coming up in and around the Pune. Some of the localities are already developed by the city corporation and some are under the improvement phase.
Let’s check some of the hot location where every home seeker thinks to buy a home –
Kalyani Nagar is a preferable location by the home seeker’s as the connectivity to Air Port, Railway Station and this location has got a lavish look, so everyone wants to have a home in Kalyani Nagar as a Status symbol. The rates in Kalyani Nagar are around 9000-13000 per square feet depending on the facilities provided by the developer.
Kharadi –
Recently well-developed location in Pune, Kharadi. Situated on the eastern corridor, Kharadi is a developing IT destination. Due to IT park in the Kharadi home seekers are moving to the Kharadi location, with a good development also going on in the Kharadi location.
Wakad –
Located in the western part of pune, also the entry point and well connected to the Hinjewadi IT Park and with affordable housing home buyers also prefer the wakad location. Rental returns are also good in the wakad, new homes starting from 40-50 Lakhs.
Hinjewadi –
Counted as a hot location to live by the IT people because of the development of IT Industry in the Hinjewadi location. Well known IT brands are having their offices in the Hinjewadi IT Industry with thousand of employees working for them. Because of the IT Industry Hinjewadi residential requirement is on the top of chart.
Undri –
Location on the East Pune undri is developing rapidly due to well connectivity to the Pune city and Phursungi IT Park as well as home buyer having option of affordable homes in this location.
Pune is changing rapidly and the location like Baner, Bavdhan, Bhugaon in west Pune and Wagholi, Keshav Nagar in east Pune are also having a good development and good options to the home seekers.
We at Floorrise give a best fit projects in and around pune, so please if you have any information required, please feel free to get in touch with us.
