best area to invest in pune 2020
It is therefore no surprise that with a giant footprint of commercial and business activities along with the presence of all ‘quality life’ ingredients, Kharadi real estate has been moving at a rapid pace in the past decade. These commercial micro hubs within Kharadi are therefore full of skilled and educated work forces who scout for good housing options in Kharadi thereby driving the residential real estate market in Kharadi higher. Pune has become popularly known as the Oxford of the East, because it has developed into a hub for learning. The Hinjewadi SEZ brought to life in 2001 by the Maharashtra Industrial Development Corporation (MIDC) in the form of Rajiv Gandhi Infotech Park set a precedent for things to come in this location. Well Care Clinic at Sanskruti Arcade, Chatrapati Chowk Rd, Kaspate Wasti. A few hospitals and health care centres in Wakad include: Lifepoint Multispecialty Hospital on Mumbai Pune Bypass Rd, near Hotel Sayaji, Surya Mother And Child Care Super specialty Hospital near Pune Octroi Naka, Hinjawadi - Wakad Road. Looking at all the above factors and also taking into account the fact that the IT infrastructure in Hinjewadi is bound to grow by leaps and bounds, Hinjewadi property investment makes a lot of sense. Kharadi is definitely the next big thing in Pune real estate. This includes quality affordable flats in Baner that have good amenities and facilities for the modern lifestyle.Reasons to invest in Baner properties. Smooth connectivity and further improving connections are additional factors influencing Kharadi real estate market. Pune real estate has grown along with the overall progress of Pune city in all aspects including education, industries, IT development, manufacturing, agriculture, warehousing, exports, finance, infrastructure growth, etc. Kharadi offers them a Walk to Work lifestyle which the new generation prefers. Some popular IT spaces, such as Kharadi IT park, World Trade Centre and EON IT Park are located here. Wakad The city is the most prefferd investment destination according to the Pune real estate market as there was a “seven percent” growth observed in the last quater of 2014. Baner offers a whole range of real estate options for buyers. These factors make Wakad a very well connected location and therefore the property market in Wakad, Pune has grown positively and consistently. Buy 1 BHK, 2 BHK or 3 BHK flats in Pune, we have personalized homes for you. The IT-ITes policy that was implemented by the Maharashtra government in the early part of 2000s has helped the growth of Hinjewadi tremendously. Here is the list of the 26 best investment plans in India 2021. where you can find large companies and corporate houses like Veritas, Cummins, Siemens, Vyomlabs, Pubmatic, Xoriant, etc. The vibrant World Trade Centre, Cerebrum IT Park and the humongous EON IT Park by Panchshil developers are very close to Undri. RMZ Westend is not more than 20 kms from Undri. All Rights Reserved. The Company in no circumstance shall be liable for any expense, loss or damage including, without limitation, indirect or consequential loss or damage, or any expense, loss or damage whatsoever arising from use of any data, arising out of or in connection with the use of this website or any action taken by the viewer relying on such material / information on this website. This modern Palika Bazar would have good everyday shopping facilities along with all modern amenities like escalators, nice seating areas, etc. The fact that all Hinjewadi RERA Real Estate Projects have also been priced sensibly is adding to the overall positive growth of the Hinjewadi real estate market. Currently this transport line from and to Hinjewadi is challenged due to massive traffic and post the implementation of these plans the traffic flow will be much faster and easier. It has been enhanced to a great extent with respect to the issues of foundation and office. Best Mens Hairstyles 2020 to 2021. Road. Apartments in Undri have a very strong demand due to the strong working population nearby. The midlle class and upper middle clas real estate investors and home buyers have a lot of choice when it comes to choose resale properties in Kharadi and also new projects in Kharadi. getty. It is a fast-food restaurant which … Kamal Pratishthan Mount Litera Zee School at Pink City D.P. Undri Infrastructure and Employment zones in and near Undri. In terms of location this prime suburb of Pune which is located very close to the picturesque Mula-Mutha River, also has a big advantage in terms of connectivity from almost all across Pune. More importantly there is a still a lot of juice in the Wakad property market and property investments in Wakad in 2020 will increase as per Pune real estate market reports. Almost all RERA Real Estate Projects in Wakad are experiencing a good response from potential buyers and real estate investors in Wakad. As discussed one of the major reasons for the growth of the real estate market in Undri has been the plethora of job and work opportunities that this location offers through the following and more: Within a distance of 10 kms from Undri you can find the Phursungi IT Park, Magarpatta City and Amanora Park Town. Public Provident Fund (PPF) Apart from your regular pension contribution, investment in a PPF account can save you a lot of tax. Always choosing the right hairstyle is an necessary for improving your appearance. The presence of these big companies has led to a massive increase in the employment and real-estate opportunities, and also the social infrastructure in the area. Property Rates in Pune, Maharashtra, India Kohinoor Group is a top real estate developer in Pune for residential & commercial projects. Investment Properties in Wagholi. Apart from these two roads, the presence of The Gopal Hari Deshmukh Marg and the Mumbai-Pune Expressway near Baner makes commuting via road very easy indeed.Baner has a robust bus service and there are numerous buses ferrying passengers from the Baner Bus Stand and the Shivaji Nagar Bus Stand across multiple locations in Pune.The Shivaji Nagar railway station which is a shade below 10 kms from Baner offers many trains travelling across India.From Baner you can get to Pune Airport within 30 mins.These strong connectivity factors have increased the value of Baner real estate over the years. You have smooth access to areas such as Pune-Ahmednagar Highway & Mundhwa Road. Now there are multiple phases being planned to further grow the existing IT park size in Hinjewadi and this would be huge boost for real estate in Hinjewadi for sure. There have been a lot of investments in the commercial real estate space in Hinjewadi and as major corporate bodies and companies have pumped in more money into Hinjewadi, it has developed beautifully. Wakad falls in the Hinjewadi-Shivajinagar route of the Pune Metro Project making it simpler for people living in Wakad residents to travel to many locations within Pune city in a matter of minutes.This news has already driven a lot of property investments in Wakad and also a lot of end home buyers have started booking flats in under construction projects in Wakad. Real estate developments in Hinjewadi carried out by some of the biggest property developers in Pune have been riding on the rich Hinjewadi social infrastructure. https://www.proptiger.com/guide/post/top-5-localities-for-investment-in-pune Discover the trends and reports that shape the dynamic Indian real estate industry. Sinhgad Law College on Kondhwa-Saswad Road, Kondhwa (Bk). Margosa Shopping Complex, NIBM Annex, Mahadev Wadi. Will Green Housing be the Future of Real Estate in India? Pune, often referred to as the sister city of Mumbai has come a long way now and is an established & throbbing multi cultural vibrant city on its own. The overall real estate prices across the Kharadi property market have gradullay increased but there is still a very good scope to invest in Kharadi homes and even office spaces in Kharadi. Why 2021 is the Best Time to Make a Real Estate Investment in Smart Cities? Let us now discuss in detail the individual locations in Pune that have made it to the best areas to invest in Pune list: Kharadi is definitely the next big thing in Pune real estate. All in all real estate investment in Undri properties and bookings of new flats in Undri in upcoming projects look very promising indeed. Apart from being strategically located, Wakad real estate has also benefitted from the fact that Wakad lies in close proximity to some of Pune city’s biggest IT markets and industrial areas thereby providing a lot of employment and earning opportunities to all residents in Wakad. Please note that this extension for a particular area may not actually be an extension for that area. Best Real Estate Projects for Investment in Pune by tatacapitalblog January 17, 2020 in Home Loan , no comment Pune has become popularly known as the Oxford of the East, because it has developed into a hub for learning. As NIBM Road grew and then reached saturation point as hot real estate location in Pune, Undri has now come into the real estate limelight. Some of the key residential real estate locations of Pune such as Pimple Nilakh, Pimple Saudagar and Aundh lie close to Wakad on its east side. Moreover it barely takes 20 odd minutes to reach to the Pune international Airport from Kharadi. Best Areas to Invest in Property Near London. Enter your First Name and Email Address below to subscribe to our newsletter. IndusChamps School at Dange Chowk-Hinjewadi Road, Near Bhumkar Chowk. The Orchid School at Baner - Mahalunge Rd, Lalit Estate, VIBGYOR High School, Balewadi inSus Village, Bengaluru - Mumbai Highway, The Ecole Heritage School at Park Marina Road,, Balewadi Phata, Educon International School Off Pancard Club Road, behind Beverly Hills Society. Blue Ridge Public School near Phase 1, Hinjawadi, Near Lemon Tree Hotel 2. The good organic demand, the increasing and improving infrastructure, the very strong social infrastructure, the presence of quality real estate projects in Undri – all indicate a very good real estate market future in Undri. This is the reason that there are many affordable homes in Wakad offered by some of the best property developers in Wakad. BanerBaner real estate has taken huge strides and Baner has expeditiously grown into a prosperous suburb in Pune. with our All New"Really Estate" Technology. As one of the fastest developing area in Pune, Kharadi property rates have been steadily increasing as this Pune location also has a healthy mix of other businesses & industries. Start a Manufacturing Business in Pune. For a Pune real estate investor planning to invest in a hot location in Pune, Kharadi presents a very strong case for consideration. The Pune airport is merely 45 minutes from Undri. While price growth in the two regions has been muted in the short-term, the areas are expected to prove beneficial for investment post the development on the Delhi-Mumbai Industrial Corridor gains steam. With improved connectivity and infrastructure in Hinjewadi the amount of new projects in Hinjewadi has soared and the overall impact on Hinjewadi property market has been extraordinary. The Pune airport is also within an hour’s distance from Hinjewadi making it a popular destination with NRI property investors as well as with property buyers from other parts of India. Another big factor that has impacted Wakad real estate is the fact that the infrastructure and property developments in Wakad come under the aegis of PMRDA. Moshi. There is a decent supply of affordable flats in Hinjewadi being developed by some of the well-known property developers in Pune and developers from other locations in India. Historically, real estate in Baner has provided a good return on investments with prices hiking from Rs 5600/sq.ft. Moreover, Wakad’s close proximity to big IT companies such as IBM, Tech Mahindra and TCS has led to the settlement of most of their employees in this locality. Since there are good options to buy low budget flats in Hinjewadi and once can still book flats below 20 lakhs in Hinjewadi, the popularity of Hinjewadi as an affordable housing location is very strong. Pawar Public School at Megapolis, Rajiv Gandhi Infotech Park, Phase III (SEZ, MIDC Phase III Main Road 3. Some of the vital roads that pass through Wakad include Wakad Road, the Kalewadi Main Road, and the very crucial Mumbai-Pune Expressway. Polaris Healthcare - Orthopedic & Gynecology Hospital at Dange Chowk Rd, near Datta Mandir. Since the Mumbai-Pune-Bangalore Highway zooms through Wakad, the importance of Wakad is clearly understood. At Tata Capital we aim to help you so that you can find the best investment opportunity, with no financial burden. Baner location and connectivityBaner is blessed with the presence of some important connecting roads including The Pune Bypass Road and The Mumbai-Bangalore Highway. A home to large number of IT industries and renowned educational institutions, Pune is one of the most preferred residential destinations in India. The demand for rental homes in Kharadi has also significantly increased due to this factor and similarly the demand for rental offices in Kharadi as well as retail rentals & shops on rent in Kharadi has zoomed. ... this post was submitted on 25 Sep 2020. With major commercial market places in the vicinity and such a huge number of skilled people working in and around Baner, residential and commercial properties on rent in Baner would always be in demand. Ltd. at Plot no. Apart from all this, Kharadi is also developing into Pune’s new IT hub. Balewadi. Undri Social infrastructure – The fact that there are multiple under construction projects in Undri at any given point in time shows the good social infrastructure that Undri real estate provides. Alard Group of Institutes at Allad College, Marunji Village, Hinjawadi.2. Since Wakad is a part of PMRDA, the development of infrastructure in Wakad and other public facilities have happened swiftly & professionally. PMRDA which stands for Planning and Development Authority for the Pune Metro Region is an authority that is known for its proactive, progressive, orderly and systematic approach and action towards development of common public facilities, amenities in the regions of Pune that fall under its jurisdiction. The area offers a lot of employment opportunities and is well connected. Which are the best Places to Invest in Pune 2020? What is QSR ( quick-service restaurant)? What are the upcoming infrastructure developments in Wakad? Fastest Growing Residential Areas in Pune for Investment. 15, Rajiv Gandhi Infotech Park, MIDC, Hinjawadi Phase 1 Road and many more. This is another very strong reason to invest in Wakad properties, Pune. Therefore, investing in Wakad properties promises to be safe and profitable too. With a steady real estate market and continuous price appreciation, the future of Pune real estate looks promising and welcoming. A few of the malls and shopping centres in Undri include: Undri City Centre, Undri - Hadapsar Rd, Bellagio. Visit our website to check your home loan eligibility and apply for a home loan today. Wakad real estate looks to be very exciting in 2020 and beyond due to all the factors listed above. As discussed the entire real estate landscape of Kharadi is peppered with some of the biggest corporate entities and well respected companies in various business sectors occupying space in prime commercial real estate in Kharadi in commercial buildings like World Trade Centre, IT SEZs like EON IT Park, sophisticated IT hubs like Kharadi IT Park, special dedicated IT zones like Magarpatta Cybercity and Cerebrum IT Park. A few of the malls and shopping centres in Wakad include: Pristine Square at Shankar Kalat Nagar, Pimpri-Chinchwad area. What are the Steps Taken by the Government to Fight Coronavirus in India. IBMR College on Hinjewadi - Wakad Rd, Hinjewadi Village, Genba Sopanrao Moze College of Engineering near Balewadi, Haveli, Swami Vivekanand College of Education near Mumbai-Bangalore Highway, Near Bhumkar Chowk. Being located in the South of Pune, Undri is now a well-established residential and sough after real estate investment area in Pune. Buying a house whether for living or for investment, will be one of your biggest purchases of your life … One of the best places to invest in Pune is Wakad and there are many factors that make it worth investing in. The reason for Baner is considered to be the most popular residential micro-market of Pune, which is why it has transformed into a real-estate hotspot. A huge factor for the growth in Hinjewadi real estate is also the fact that the demand for rental homes in Hinjewadi is pretty high. Hinjewadi property market looks poised to grow further in 2020 and beyond. Interested in property investment hotspots in Pune? One can get many buses from the Wakad Bus Stand to reach any corner of Pune city. #11. The locality is host to commercial offices and IT parks such as ICC Trade Tower, Nanospace IT Park and RMZ Westend. Wakad has developed into one of the sought-after hubs in in western Pune. Wakad: Being the passage purpose of Pune, Wakad is one of the closest places to Hinjewadi IT center. Benefiting from the spillover demand from Baner, adjoining areas such as Baner Extension and Balewadi are gaining momentum because of more attractive pricing ranging between Rs 6,000-6,500 per sq ft and are all set to become part of the next investment hub in Pune's burgeoning Western corridor. Let’s read further to know about the factors contributing to making Pune city - a hotspot for real estate investors and home buyers. Wakad real estate has surely benefitted from the strong infrastructure that is currently in place in Wakad. The locality offers a range of luxurious apartments, affordable flats and even various rental options. Great public transport, good physical infrastructure and a lot of further infrastructure development plans in Hinjewadi make it a very good location in Pune for property investments indeed. RoI (Return on Investment) Pune, often referred to as the sister city of... Kharadi. Can We Get Tax Benefit on Personal Loan in 2021? Pimple Nilakh. As far as investment in Pune’s real estate market is concerned buyers need to keep an eye on the following things: Location and Connectivity: One thing that has dominated the mindset of consumers for years is the location and connectivity. Well-developed civic facilities, social infrastructure and seamless connectivity to major locations within and outside Pune have ensured that Baner property has gone from strength to strength in the recent years.Baner is a now a top ranking residential location in Pune city and definitely one of the hottest in demand Pune suburb. Being one of the best-performing residential real estate markets in the country, many areas in Pune have exceeded the average price value appreciation. Some of the best educational institutes, hospitals, shopping centers, retail hubs that are present in Kharadi make it a very friendly place to live in Pune city. the Maha Real Estate (Regulation and Development) Act, 2016 and the rules and regulations notified thereunder. Sanskriti School in Undri NIBM Survey Number 12, 13, Link Road Undrigaon. Being on the western side of Pune, Wakad has prospered due to its smooth connectivity to almost all vital locations within Pune city and also to the National Highways that help reach Mumbai. There is a state government initiative to bring to life smart roads that connect locations in Pune like Wakad, Pimple Gurav and Pimple Saudagar. As we go into the year 2020 & beyond and based on the statistics. The real estate landscape of Wakad would surely get a big make over with the development of a Linear Garden which has been Okayed for Wakad-Pimple Gurav road at a decent cost. The best places and the top areas to invest in Pune are as follows:. Kharadi is known for its lush green landscaped and well-developed social infrastructure. A few hospitals and health care centres in Hinjewadi include:1. Check best investing options for fixed income & apply now! The per square feet rate in Hinjewadi still remains within reach for many buyers and under construction and ongoing housing projects in Hinjewadi are getting good amount of bookings from people connected to the IT industry as well as otherwise. The demand for rental homes in Wakad is very high due to the proximity to the IT markets and so even if you plan to invest in a flat in Wakad and give your property on rent in Wakad, you will make a good rental income. It has become an attractive global town as people from different parts of the country as well as the world are coming here. We are in compliance of the newly introduced housing laws i.e. Home buyers buying flats in Wakad or booking in new projects in Wakad have easy access to the fantastic social infrastructure that Aundh and Baner offer. Reasons to invest in Hinjewadi properties in a nutshell. All these factors have led to an increase in the demand for residential spaces in Kharadi. Some of the major travel points and key routes pass through or lie close by to Wakad like the erstwhile Dange Chowk Road referred to as Wakad Road currently. As one of the fast changing suburban areas of Pune, Undri real estate has benefited due to its location, being a flourishing industrial zone and also a prime IT hub of Pune city. The locality is located on the banks of the Mula Mutha River, adding to the natural beauty of the area. © 2017 Rever Magazine Theme. Wakad is a strong property investment location in Pune and there are many factors that have put Wakad in this strong position including: Wakad has a huge advantage in terms of its location and if you look at where Wakad is exactly located in Pune, you can understand the reason clearly. Thank you, for signing up to our newsletter !! Eating out at restaurants is an experience that most people in Pune cherish a lot. Buses and the railway network also enhance the connectivity quotient of Kharadi and one can reach important locations including Hadapsar, and Pune Junction in hardly any time. 1. If you … The Pimpri-Chinchwad Smart City program has multiple developments in store. Anisha Global School, NIBM Road, Kad Nagar, Mohammed Wadi. Some of the well-known colleges in Baner include: Vishveshwarya Group of Institution on Baner - Balewadi Road, Ethics Institute of Management and Technology at Shriram Yashoda Tower, Baner Road, Aditya Horizon School & Jr. college on Pan Card Club Rd, Samarth Colony, Sanjay Ghodawat Institutes Global School Of Management on Baner - Aundh Road, Varsha Park Society, Pashan. Will Green Homes be the New Smart Way towards Real Estate Investment in 2021? Orchids The International School, Apex Hills, Katraj-Hadapsar Bypass Road, Atur Nagar. Reputed schools in Hinjewadi include: 1. Property Rates & Price Trends in Pune - 2020 Pune has always been Mumbai’s affordable cousin. The west side of Wakad is of course the entire sprawling Hinjewadi IT zone. You may find that when you are checking out Pune properties for sale you may come across a tricky word “Annexe” or “Extension”. Additional Reading: Real Estate Investing 101. Undri real estate has grown rapidly and this location has become popular much faster than many other locations in Pune. The very nature of Hinjewadi’s set up means that it remains one of the biggest employment hubs in Pune city. Combining other factors, Pune’s picture has picked up a positive effect on the realty market in both private and business areas. The Walk to Work property options in Hinjewadi attracts a lot of buyers from across Pune and other regions. New homes in Kharadi and multiple under construction projects in Kharadi sell very fast due to the strong social infrastructure that promotes good living for residents here. As mentioned in the Wakad connectivity section, Wakad is very well connected to major locations within and outside Pune. Buying a home in Mumbai could be tricky, and the year 2020 holds a lot in store for investors and homebuyers alike. Hinjewadi has some of the best schools, colleges, education institutes, hotels, restaurants in Pune city today. There are many social places where people from across Pune can get together with families and friends and Hinjewadi real estate has surely benefitted a lot from its rich social fabric. Kohinoor Group is a top real estate developer in Pune for residential & commercial projects. Wagholi is a town located on the Pune-Nagar highway and is connected well to IT parks through Nagar road. Wagholi, Pune. Undri residents also have the facility of a robust bus service with the Katraj Bus Stand and the Market Yard Bus Depot being strong bus set ups in close vicinity. There are obvious strong reasons to invest in Undri properties and also to buy in under construction projects in Undri. Visit the website for details. Xion Mall on Hinjewadi - Wakad Rd, Hinjawadi Village, West Icon at Kalewadi Main Rd, Maharashtra Colony, Pratham Reflections Society. 32, Near Bottoms Up Resto, Hinjewadi-Dange Chowk Road.2. Best Investment Options for a Salaried Person in India 2021 #1. Wakad is only 21 kilometres away from the Pune airport and its proximity to the Pune-Mumbai Expressway ensures frequent transportation for intra-city travel. The Guindy-Alandur cluster is expected to emerge stronger in the mediumterm with infrastructure push. Baner InfrastructureIT Park set up in BanerEmployment zones in and near BanerA plethora of job opportunities in Baner location due to the presence of huge IT parks as well as commercial business set ups has also added to the charm of Baner real estate market.Such employment zones in Baner include:The Pune IT Park located around six kms from Baner.The ICC towers and the Maharastra Chamber Of Commerce Industries & Agriculture.RMZ Westend is also amere stone’s throw away from Baner.Anpther big IT hub called Nanospace IT Park is also present in Baner adding to the numerous job possibilities. , Maharashtra Colony, Pratham Reflections Society of Pune big corporations like Wipro and Infosys connectivity, Undri is healthy... Is Wakad and there are major commercial centres within Wakad area including Pushpak Solitaire... Flats in Pune property Teerth Technospace, Prabhavee Techpark, etc MIDC III!, kondhwa ( Bk ) is being pursued by the beautiful locations of Pimple Saudagar and Wakad Pune-Nagar! Rental home in Mumbai could be tricky, and investment capacity another top locality for homebuyers, from investment! Best real estate investors in Wakad properties promises to be safe and profitable too Mahadev Wadi IT. Property developers in Wakad Smart way towards real estate developer in Pune are as follows.! Skill, expertise, and investment capacity looking for a comfortable yet luxurious home of properties in a hot in! Nagar, Pimpri-Chinchwad area best area to invest in pune 2020 and is well connected boasts of as a location Pune... Investment in Pune 2020 the ingredioents that could spell success for IT in.. Estate developer in Pune and is well connected to major locations in Pune city today note that this for... Some popular IT parks through Nagar Road shopping centres in Wakad, you have smooth access areas. And investment capacity Park by Panchshil developers are very close to the connectivity and improving! Restaurants in Pune 2020 Kalat Nagar station at Hadapsar IT zone planning to invest in real estate of! And Kharadi offer reasonably good affordability in proximity to the city to be very exciting in 2020 and beyond gets. Include Wakad Road, Rakshak Nagar, Pimpri-Chinchwad area at Park Street, Aundh Hospital! Is host to commercial offices and IT parks such as Pune-Ahmednagar Highway & Mundhwa.. Chowk-Hinjewadi Road, Atur Nagar 7 best places to invest in Hinjewadi:... Through Nagar Road all over to come and settle in this locality Mukai Nagar, Wadi. Definitely the next big thing in Pune city and reports that shape the dynamic Indian real projects! City 's major Infotech corridors from an investment point of view has expeditiously grown into prosperous! 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Providing you with housing loans lot of history, Baner real estate is rewriting its popularity all over.... And sough after real estate takes 20 odd minutes to reach prominent locations like Khadki & Manjari from.. Many obvious factors that make IT worth investing in Wakad across Pune and other public have... Up to our newsletter!, as well as rental revenue connectivity section, Wakad is clearly understood depending! Estate best area to invest in pune 2020 in Wakad properties is obviously going to be able to reap benefits... Feet price of properties in Undri the connectivity of waked gets another boost Hinjawadi Phase 1 Road and the and. So, select the business wisely depending on your skill, expertise, and investment.. Has taken huge strides and Baner has expeditiously grown into a hub for learning, Rakshak,... Chinchwad and Ravet Pune have exceeded the average price value appreciation thus, this typical residential micro-market is of. 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