Localities That Are Most In Demand For Residential Properties In Pune
For more reasons than one, Pune has emerged as one of the most coveted cities for residential and investment purposes. The city is known for its reputed academic institutions, wide range of real estate offerings, top-notch urban infrastructure and great weather round the year. Pune makes for the perfect residential choice for students, IT professionals, start-up enthusiasts and those looking for a quiet and peaceful city experience.
From residential apartments in Hinjewadi to budget-friendly options in Bavdhan, these are some of the localities in Pune that are most in demand for residential purposes:
1. Hinjewadi:
Hinjewadi is one of the most sought-after residential localities in Pune. It is great not only from the investment point of view, but also for residential purposes. It is Pune’s biggest IT hub, and a number of multi-national companies have set up their base in the area. Quadron Business Park, Embassy Techzone and Blueridge are some of the major IT Parks in the locality. The industrial areas of Chakan, PCMC and Talegaon are also well-connected to Hinjewadi. Hinjewadi shares excellent connectivity with the rest of the city, and is equipped with a wide range of social and civic amenities, such as reputed schools, world-class hospitals and shopping malls. Hinjewadi is also known for its fine selection of entertainment and recreational amenities, such as five-star hotels, fine dining restaurants, pubs and multiplexes.
2.Kharadi:
Owing to some of the biggest IT parks of the city being located here, Kharadi is being hailed as the upcoming business destination of Pune. With excellent connectivity and extensive social infrastructure, Kharadi is one of the first choices for those looking for a home in Pune. Located in the hilly parts of the city by the river makes Kharadi the ideal residential destination in Pune..
3.Wagholi:
Wagholi is among the most coveted residential localities in Pune, owing to its excellent connectivity, affordable residential options and steady property appreciation. For those associated with Pune’s bustling IT sector, Wagholi makes for the ideal residential address. The Hadapsar-Kharadi IT Park is easily accessible from here. Wagholi also offers easy access to many other industrial and employment hubs in the city, like Ranjangaon and Shikrapur. Wagholi is a prime locality with excellent connectivity, budget-friendly investment options and a wide range of civic amenities.
4.Bavdhan:
One of the fastest developing areas in the suburbs of Pune, Bavdhan has emerged as a premier residential locality. Apart from high-end infrastructure and civic amenities, Bavdhan also shares excellent connectivity with numerous IT parks and employment hubs in Pune. Surrounded by hills on three sides and with the Pashan Lake to its north, Bavdhan is known for its scenic beauty.
5.Baner:
In the recent years, Baner has been labelled as one of the liveliest and most bustling parts of town. With highly developed infrastructure that includes state-of-the-art healthcare facilities, international schools, fine dining restaurants, cafes and multiplexes, Baner also witnesses some of the best events in town. The area shares excellent connectivity to the best parts of town such as Koregaon Park, Kalyani Nagar, Aaund and Hinjewadi. With a comparatively lower cost of living, Baner makes for a highly sought-after residential destination in Pune.
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