Destinations that hit the list of Top Residential Real estate in Pune.

Pune has seen tremendous growth and a slew of developments in the recent past due to the rise in the economic activities, driven by IT/ ITES companies. The city boasts of a robust educational hub & one of the largest automobile industry base in the country. The growth is further supported by the proposal to construct Pune’s Ring Road, Pune Metro, New Airport, numerous Subways and Flyovers. A large middle class job base along with upcoming infrastructure has spurred the demand of residential properties in Pune.

Captured below are some hot properties that fall under Top Residential Real estate in Pune.

Wakad

Strategically located on the northern side of Pune, close to National Highway (NH) – 4 and Pune – Nashik Highway. Wakad is well connected to Central Pune and Western Pune via NH 4 and Old Mumbai Road. It has close proximity to Pune Airport, accessible via Wakad – Airport Road. Even the metro in its phase 2, is likely to connect ASI and Hinjewadi that will further boost the connectivity of this location, as Wakad will be located in close proximity with the metro.

Due to presence of several blue chip companies in close vicinity, the place witnesses huge demand of residential units from working professionals. Wakad is also conveniently placed with Hinjewadi, one of the biggest IT markets of India with a high population base.

Talegaon Dabhade

The region is located on northern side of Pune, situated in close proximity to NH 4 & Mumbai – Pune Expressway. The location is well connected by road, rail and air. Backed by robust connectivity, Talegaon has evolved into an automobile and industrial hub with the presence of well-known companies that has further escalated the demand of residential units in this location. To cater to the growing demand, some of the renowned developers are showcasing their interest to launch promising projects in Pune.

Hinjewadi

Hinjewadi is situated on north-western side of Pune. It is well connected to NH 4 and NH 50. The location has evolved into one of the biggest IT parks in India over the last few years. It is home to many giant IT companies The overall job market of Hinjewadi is around 350,000 that is expected to double in the coming time. On the back of easy accessibility and excellent connectivity, a good number of builders came up with plethora of meticulous projects from investors that also spurred the demand of residential properties in Pune.

Kalyani Nagar

Located on eastern side of Pune, the region has close proximity to Pune Airport, Pune Railway Station & NH 9. The area has good internal roads and enjoys connectivity with other parts of city via local buses. Kalyani Nagar is also an upcoming IT hotspot along with a spate of attractive retail outlets, hotels and restaurants. The presence of IT companies along with great connectivity has been triggering the demand for residential real estate in this location.

Hadapsar

Geographically situated on either side of NH 9 in Eastern parts of Pune, the region has superb connectivity to Pune Airport, Pune Railway Station and Central Pune. It is in close proximity to areas like Kalyani Nagar and Koregaon – key neighborhoods of Pune.

All these areas capture interest of builders and investors and are touted to be the top residential real estate in Pune mainly because of the two factors - connectivity corridor and industrialization.

Why should buy property in Pune?

Pune has emerged as a promising real estate investment destination over the few decades on the back of the robust connectivity, state of the art architecture, burgeoning industrialization and its vibrant lifestyle quotient.

What has led to the growth of Pune’s residential property market in recent times?
Pune, known as a rapidly developing smart city houses a spate of giant multinational corporations, IT/ITES & Automobile & Manufacturing companies that have led to changing the overall dynamics of real estate in the recent past. People from different parts of India as well as abroad are migrating to the city in search of better employment opportunities.

This has led to increase in demand and more number of people are showcasing their interest to buy property in Pune. The city is also touted as the Knowledge Hub and hosts number of reputed and acclaimed colleges and institutes both for under & post graduate studies. This again attracts a good number of students from different parts of India as well as abroad. The number of increasing footfalls also spurs the demand of property in Pune. and overseas. Another reason behind people wanting to shift base to Pune is its pleasant climate all year through along with the abundance of greenery all around to soothe your everyday life.

Apart from the burgeoning industrialization and state of the art infrastructure, the city also enjoys robust social infrastructure. Pune hosts a spate of shopping malls which makes a perfect hangout destination and spoils the shopaholics for choice. The city is also famous for its vibrant lifestyle and incorporates a number of bars and pubs. All these factors add to the lifestyle quotient with more and increasing number of people interested to buy property in Pune.
 
Connectivity is another significant with spurs the demand of the proerty. Pune enjoys close proximity from Mumbai and other places such as Lonavala, Lavasa, Khandala and many more than makes a perfect gateways for holidays. Another factor that pushes the demand of the property is the awesome weather with soft drizzles all round the corner. This is the reason why number of reputed builders are showcasing their interest and launching a slew of new projects in Pune.

Pune’s skyline.  It is observed that the way all the real estate players are contributing & coming up with extravagant projects offering top notch amenities, there is no doubt that Pune will soon be in the same league as all the other major metro’s in the country in terms of residential properties and their demands. Sky seems to be the limit now.

What does Pune’s residential market offer for the home buyer?
Besides offering a plethora of new apartments in Pune,  with state of the art infrastructure and top notch facilities, the builders are  in improving the consumer’s lifestyle by surpassing expectations in the residential property market. Some projects are offering added features such as gazebos, helipads and many more. A few of the new projects also offering attractive payment plan and lucrative cash back offers that appears as a great bet for investors and buyers.