5 Top Areas in Pune for Homebuyers to Buy a Property
Pune is one of the fastest-growing cities in the country which has seen exponential growth in recent years in terms of real estate investments. The city is evolving at a rapid pace and today it has become an attractive destination for real estate investors who are looking for some promising investment opportunities.
However, the ever-expanding infrastructure and development of the IT industry with ample job opportunities have made it a Hubspot for home buyers as well. One of the critical factors that results in the surge in the demand for real estate properties is the booming IT industry. This attracts countless professionals seeking employment opportunities and it eventually encourages the demand for housing in Pune.
1. Hinjewadi -
Hinjewadi is one of the fastest-growing areas in Pune that has emerged as a growing hub for the IT industry as there are numerous IT parks and job opportunities. Moreover, Hinjewadi has a well-developed infrastructure and excellent connectivity to the rest of the city which makes it an attractive destination for professionals who are looking for convenient living options.
The Mumbai-Pune Expressway is just a few minutes away from Hinjewadi and this has further improved the connectivity of this locality to the two major cities. However, Hinjewadi isn't just about the booming IT industry but it has a lot to offer to the families living in the area.
The residents can avail of several schools in the area providing quality education to children. Moreover, many top hospitals and medical facilities are also easily accessible from this location which ensures timely medical attention if there are any emergencies.
Hence, with excellent connectivity, ample job opportunities, and family-friendly amenities nearby, Hinjewadi has become a popular choice for those people who are planning to relocate to Pune. Two of the best residential developments in Hinjewadi are -
2. NIBM Road -
NIBM Road is yet another rapidly developing locality in the bustling city of Pune. The area has witnessed numerous significant advancements in recent years which makes it an ideal choice for people seeking a convenient and comfortable lifestyle. However, one of the biggest advantages of living in the locality of NIBM Road is the excellent connectivity the locality offers.
Adding to that, the Pune-Solapur Highway is also just a few minutes away. This provides easy access to major hubs like -
- Magarpatta City,
- Hadapsar,
- Kondhwa, etc.
Such connectivity makes commuting to work or leisure activities convenient for people residing here. Adding to that, the NIBM Road is also an excellent location for families because there are several reputed schools and colleges in the area. Also, there are numerous healthcare facilities and hospitals in the vicinity to ensure that the residents have access to top-notch medical treatment when needed.
NIBM Road has plenty to offer for those individuals who enjoy shopping. This locality in Pune is a promising locality in Pune that offers countless amenities and facilities. The easy access to the amazing facilities and amenities make NIBM Road an ideal place to live. The best residential projects to buy a house in the locality of NIBM Road are as follows -
3. Baner -
Baner is one of the prime suburbs located in Pune, it is the location that has gained immense popularity in recent years. The locality is now emerging as an ideal destination for residential investments. Adding to that, Baner has also become one of the fastest-growing areas in Pune, with the development of several infrastructure projects.
This is also an ideal location for those people who need to commute frequently as the location is well-connected to the rest of the city and is also located just a few minutes away from the Pune-Mumbai Expressway.
Baner boasts several IT parks, schools, hospitals, and shopping malls in the vicinity and has seen rapid development in recent years. This makes it one of the best localities in Pune with all the necessary amenities nearby. With excellent connectivity and an abundance of amenities, Baner offers a promising opportunity to invest in real estate and the best options for home buyers. Some of the best residential developments in Baner are -
- Lodha Baner Pan Card Club Road, Baner Pune
- Merlin Ventana in Baner, Pune
4. Pune Mumbai Highway -
The Pune-Mumbai highway corridor has been recognized as the driving factor of India's economic growth. Mumbai is the financial hub and Pune has been experiencing rapid development in recent years, this made both of these cities attract a massive influx of people from all over the country.
The locality of the Pune-Mumbai Highway is also suitable for families as it hosts top-notch schools, numerous IT Companies, and easy accessibility to the most strategic locations in Pune. This has increased the demand for real estate properties in the locality of the Pune-Mumbai Highway.
However, with amazing connectivity, high appreciation potential, abundant social infrastructure, promising prospects, and the advantages of being in proximity to all the essential services, the Pune-Mumbai Highway is one of the best investment options on the Mumbai-Pune highway. One of the best residential projects in the locales of the Pune-Mumbai Highway is -
- Lodha Belmondo Pune Mumbai Highway
- The Gale at Godrej Park World
5. Manjari, Pune -
Manjari was once an old-fashioned village in Pune that was encircled by the lush and verdant greenery. However, today it has become an emerging real estate hotspot in Pune. This location in Pune is the perfect location for urban residents who are looking to live away from the hustle-bustle of the city and in a serene environment surrounded by nature.
The locality of Manjari is near the IT hubs and other commercial buildings. Moreover, the locality has less crowd, extensive open spaces, and lots of fresh air to breathe. As a result, Manjri has witnessed a considerable surge in the real estate sector because there is a significant number of apartment-finding buyers.
In Manjari, there are numerous exciting residential real estate projects and all these residential projects come with modern amenities and a comfortable living experience for homebuyers. Some of the best projects in Manjari are as follows -
- Godrej River Greens Manjari, Pune
- Godrej Sky Greens, Manjari, Pune.
Conclusion -
These were some of the prime locations to buy a home in Pune. These are the locations that are also the best options for investment purposes because the properties in the above-mentioned locations offer a promising opportunity for real estate investors.
Hence, if you're struggling to find the perfect location to buy a home in Pune, then you can explore these localities. However, several other locations in Pune can be considered for buying a house, but the areas we mentioned are affordable, accessible, and come with the best facilities and amenities.
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