the Maha Real Estate (Regulation and Development) Act, 2016 and the rules and regulations notified thereunder. The locality is well connected to the Mumba-Pune expressway, making transportation convenient. Thus, this typical residential micro-market is one of the best bets for investors looking to invest in real estate in Pune. Commercia mall Wakad at Service Rd, Shankar Kalat Nagar. Wakad: Being the passage purpose of Pune, Wakad is one of the closest places to Hinjewadi IT center. 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. Check best investing options for fixed income & apply now! How is the infrastructure in Wakad currently? Share Tweet. Wakad has developed into one of the sought-after hubs in in western Pune. As we go into the year 2020 & beyond and based on the statistics. Hardly a distance of around half an hour, to the north side of Wakad one can find the famed Talawade IT Park with multinational companies like Syntel and others. in 2014 to Rs 7000/sq.ft in 2019. Copyright © 2019. 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. Because it is easy to travel from Kharadi to Pune city, many new-age IT professionals as well as young office goers prefer to buy a home in Kharadi and work in Pune or vice versa. A few popular IT parks located here are Rajiv Gandhi IT Park, Blueridge And Embassy Techzone. Pragnya Junior College of Arts, Commerce & Science, Handewadi chowk. For a Pune real estate investor planning to invest in a hot location in Pune, Kharadi presents a very strong case for consideration. Data System Research Foundations at Kharadi Knowledge Park, International Institute Of Culinary & Cruise Ship Management at Nyati Eureka, Magarpatta Rd, near Columbia Asia Hospital. https://www.proptiger.com/guide/post/top-5-localities-for-investment-in-pune The social fabric and public infrastructure in Kharadi make it an ideal location to live, work and play. Balewadi. Discover the trends and reports that shape the dynamic Indian real estate industry. To start and run a manufacturing business require reasonable startup investment. Hinjewadi has some of the best schools, colleges, education institutes, hotels, restaurants in Pune city today. Will Green Housing be the Future of Real Estate in India? Prime areas in Pune including Kalyani Nagar, up market area like Koregaon Park, Viman Nagar, upcoming residential location like Wagholi, Hadapsar and Mundhwa are all located include proximity to Kharadi. 15, Rajiv Gandhi Infotech Park, MIDC, Hinjawadi Phase 1 Road and many more. BanerBaner real estate has taken huge strides and Baner has expeditiously grown into a prosperous suburb in Pune. Xion Mall on Hinjewadi - Wakad Rd, Hinjawadi Village, West Icon at Kalewadi Main Rd, Maharashtra Colony, Pratham Reflections Society. Here is a gist of the reasons to invest in Baner properties:Baner has a very good social infrastructure.The location advantage, connectivity that Baner offers is fantastic.It draws a lot of crowd from within Pune and outside as well during weekends due to the various social activities that it provides. 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. where you can find large companies and corporate houses like Veritas, Cummins, Siemens, Vyomlabs, Pubmatic, Xoriant, etc. Another key area of Shivaji Nagar in prime Pune is also at a stone’s throw distance from Wakad. While Pune is rated as one of the best retail markets in terms of warehousing and supply chain, it faces stiff competition too. ... 7 Best Places to Invest in BTL Property Near London 2020 Bracknell. In the recent years though, homebuyers have felt that given the development in terms of infrastructure, jobs and housing, property prices in Pune are climbing. There are multiple reasons to be bullish about Pune real estate going into 2020 and further as there are robust factors that would ensure that the Pune property market keeps growing and prospering in the years to come. With a lot of budget homes in Undri available in affordable housing projects in Undri like Mantra Essence Phase 1, Venkatesh Bliss in Bellagio, Florista County in Handewadi road and many more, there is good momentum there. So, select the business wisely depending on your skill, expertise, and investment capacity. Best Investment Options for a Salaried Person in India 2021 #1. Wakad is a busy location in Pune today. What are the Steps Taken by the Government to Fight Coronavirus in India. 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. There are obvious strong reasons to invest in Undri properties and also to buy in under construction projects in Undri. These smart roads would be wider, walk friendly, well lit up by LED lights, well designed and modern. How Can Proptech Help Revive Real Estate in India After The Pandemic? 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. A few of the malls and shopping centres in Hinjewadi include:1. It lies in close proximity to Hadapsar, which happens to be one the prime commercial areas of Pune city having 3 giant SEZs – Phursungi IT Park, Magarpatta City and Amanora Park Town. The reason that there are many new property developments in Wakad for offer any time of the year is because the property developers in Wakad bank on its strong social fabric. 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 looks to be very exciting in 2020 and beyond due to all the factors listed above. All rights reserved. EuroSchool Wakad - ICSE School near Dutta Mandir, Adjacent to Palash Complex, Off Wakad – Thergaon Road. Since Wakad as a location is physically part of the eastern end of the hyperloop, the impact on Wakad real estate is surely going to be positive. The Genius English Medium School at Mukai Nagar, opposite Hinjawadi Hospital and many more. The upside of this road would be the ease of travel for people working in the IT sector of Hinjawadi who travel from Hinjewadi to Wakad regularly. Eating out at restaurants is an experience that most people in Pune cherish a lot. Wakad is located close to the PMRDA and the PCMC area. Buying a home in Mumbai could be tricky, and the year 2020 holds a lot in store for investors and homebuyers alike. However, because of a lower sales velocity in 2020 as compared to 2019, the average inventory overhang has increased to 47 months as of December 2020, as compared to … Continue Reading ... Best area to Invest in Hyderabad 2019. Select best place in Pune to describe your lifestyle in the best way. 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 best educational institutes, hospitals, shopping centers, retail hubs that are present in Kharadi make it a very friendly place to live in Pune city. Also there are many buses available from the nearby Pimpri Bus Stand which can be used to reach multiple locations across Pune. The Walk to Work property options in Hinjewadi attracts a lot of buyers from across Pune and other regions. Since Hinjewadi is a giant commercial and IT hub, many companies, corporate entities pick up rental apartments in Hinjewadi and therefore property investors in Hinjewadi manage to get uninterrupted and decent amount of rent from their residential as well as commercial properties in Hinjewadi. add to the Hinjewadi real estate market growth too. 1 point (100% upvoted) shortlink: remember me reset password. Investors who have invested in Baner properties are enjoying a good return through steady rentals for their Baner homes, offices and shops. 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. Buy 1 BHK, 2 BHK or 3 BHK flats in Pune, we have personalized homes for you. Mulshi Millennium Hospital and ICU at Sai Shraddha Complex, Hinjawadi Village and many more.The presence of these good quality health care facilities and hospitals in Hinjewadi has ensured that the demand for housing in Hinjewadi has constantly increased. 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. Visit the website for details. SHARES. The Poconos in Pennsylvania are a popular drive-to destination . Being on the east side of Pune city, Kharadi has also emerged as the preferred IT market of Pune city with some of the major IT and technology giants having a presence there. Best Areas to Invest in Property Near London. Here is a gist of the reasons to invest in Hinjewadi properties: The presence and growth of IT and ITes Companies. As a location in Pune that has a lot of history, Baner real estate is rewriting its popularity all over again. www.99sqft.com. Properties in Kharadi will get a further boost once the new and under construction Pune metro services commences its operations because then reaching Kothrud from Kharadi would also be relatively easier. You have smooth access to areas such as Pune-Ahmednagar Highway & Mundhwa Road. Prime City Center at Datta Mandir Rd, Shankar Kalat Nagar. Historically, real estate in Baner has provided a good return on investments with prices hiking from Rs 5600/sq.ft. Also there are some major upcoming infrastructure development projects in Wakad like: Wakad is part of the proposed Pune-Mumbai hyperloop connectivity project. These areas offer good potential for capital appreciation, as well as rental revenue. 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. Marathon international school and junior college, Chintamani Park Road, Tukaram Nagar, etc. Prop Mania, August 28, 2018 780 0. 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. This includes quality affordable flats in Baner that have good amenities and facilities for the modern lifestyle.Reasons to invest in Baner properties. The west side of Wakad is of course the entire sprawling Hinjewadi IT zone. You can choose to use trains form the closest railway station at Hadapsar. Smooth connectivity and further improving connections are additional factors influencing Kharadi real estate market. Reputed schools in Hinjewadi include: 1. Also it is easy to reach Grant Road and Fountain Road from Kharadi. 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. Interested in property investment hotspots in Pune? Pune: In Pune, Hinjewadi and Kharadi offer reasonably good affordability in proximity to the city's major Infotech corridors. Property Rates in Pune, Maharashtra, India The south areas of Wakad are surrounded by the beautiful Mula river. 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. Why 2021 is the Best Time to Make a Real Estate Investment in Smart Cities? Margosa Shopping Complex, NIBM Annex, Mahadev Wadi. All Rights Reserved. This is the reason that there are many affordable homes in Wakad offered by some of the best property developers in Wakad. Apartments in Undri have a very strong demand due to the strong working population nearby. Best and safe investment plans to get high returns in 2021, choose from a range of short term and long-term investment options via the complete investment guide to achieve your financial goals. Here is the list of the 26 best investment plans in India 2021. 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. Ltd. at Plot no. 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. With a steady real estate market and continuous price appreciation, the future of Pune real estate looks promising and welcoming. Going down it also joins with Aundh-Ravet BRTS. Moreover, the Pune International Airport is also just 10 minutes away, ensuring that the area is well-connected. Public Provident Fund (PPF) Apart from your regular pension contribution, investment in a PPF account can save you a lot of tax. Of course like any successful real estate location, Undri is definitely a winner when it comes to its super location. Reasons To Invest In Pune Properties. There is a state government initiative to bring to life smart roads that connect locations in Pune like Wakad, Pimple Gurav and Pimple Saudagar. Some of the vital roads that pass through Wakad include Wakad Road, the Kalewadi Main Road, and the very crucial Mumbai-Pune Expressway. 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. Sanskriti School in Undri NIBM Survey Number 12, 13, Link Road Undrigaon. One can get many buses from the Wakad Bus Stand to reach any corner of Pune city. Polaris Healthcare - Orthopedic & Gynecology Hospital at Dange Chowk Rd, near Datta Mandir. There are plenty of job and business opportunities in Pune today making it a preferred housing destination for many. Wakad real estate has surely benefitted from the strong infrastructure that is currently in place in Wakad. 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. Top Locations for Property Investment in Pune. 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. Please confirm your email address by clicking on the link in the email we have just sent you. running through Undri help it get connected easily to respective parts of Pune. 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. 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. A home to large number of IT industries and renowned educational institutions, Pune is one of the most preferred residential destinations in India. 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. It houses the Shiv Chhatrapati Sports Complex popularly ... Wagholi. Anisha Global School, NIBM Road, Kad Nagar, Mohammed Wadi. A few hospitals and health care centres in Hinjewadi include:1. Apart from all this, Kharadi is also developing into Pune’s new IT hub. 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. Best Mens Hairstyles 2020 to 2021. 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. The Guindy-Alandur cluster is expected to emerge stronger in the mediumterm with infrastructure push. 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. The impact of this modern palika bazar on Wakad properties is obviously going to be positive. 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. Bramha SKYONE, Ayesha colony, Atur Nagar. To decongest the traffic in Wakad, the development of the Hinjewadi Mahalunge Road is an initiative that is being pursued by the authorities. 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. A few hospitals and health care centres in Baner include: Jupiter Hospital close to Bharatratna Dr Babasaheb Ambedkar Bridge, Prathamesh Park, Gupte Hospital Extension Clinic, Shiv Shakti Complex, Riviresa Society, Life Line Hospital on the Baner Balewadi Road, Umarji Mother and Child Care Hospital at Baner-Balewadi Phata, Vital Life Clinic close to Kodak Mahindra Bank, Balewadi Phata. Also with more than 300 ongoing projects in Undri of local as well national level real estate developers, the supply of quality apartments in Undri will improve further. With real estate marketing in Wakad evolving and with increasing penetration due to digital real estate marketing of projects in Wakad, the overall growth of Wakad real estate looks exciting indeed. 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. Other prominent IT centres near Wakad are Nano Space, Teerth Technospace, Prabhavee Techpark, etc. Similarly it is relatively easy to reach prominent locations like Khadki & Manjari from Kharadi. Hinjewadi Social infrastructureWith the footfalls of people increasing by the minute in Hinjewadi the social infrastructure of Hinjewadi has also improved in a big way. 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. Mediplus Speciality Hospital Pvt. With several new projects in Wakad being launched by property developers including Kolte Patil Western Avenue by Kolte Patil developers, Paranjape Broadway at Shankar Kalat Nagar by Paranjape schemes, Pride purple park Ivory at park street by Pride purple properties, Kalpataru Exquisite at Kaspate Wasti and many more. RMZ Westend is not more than 20 kms from Undri. Being located in the South of Pune, Undri is now a well-established residential and sough after real estate investment area in Pune. As we read further we will discuss each one of them.Hinjewadi location and connectivityHinjewadi used to be a far flung location in the yester years but since the development of The IT parks starting with the Rajiv Gandhi Infotech park, Hinjewadi real estate has grown by leaps and bounds.Hinjewadi is now considered very much an integral part of Pune and Hijewadi property landscape is one of the most thriving in the country today. Kohinoor Group is a top real estate developer in Pune for residential & commercial projects. Each of these rapidly developing localities have something unique to offer. Apparently the cluster of Wakad, Pimple Gurav & Pimple Saudagar is slated to be developed on the lines of a smart city thereby impacting the overall property rates in Wakad in the near future. Our home loan interest rates start at 9.25%. Thank you, for signing up to our newsletter !! Investment Properties in Wagholi. Undri real estate has grown rapidly and this location has become popular much faster than many other locations in Pune. This in turn ensures that real estate in Baner grows steadily and strongly.Baner connectivity in terms of location and transport make it an extremely popular real estate location in PuneWith multiple new projects in Baner being developed to cater to almost all price ranges including luxury as well as affordable, the real estate growth story of Baner looks brighter in 2020 and beyond. On the South side of Wakad, you have prime locations like Baner, Pashan and Balewadi. The overall aesthetics of Wakad as location would surely improve making it a more desirable location in Pune and the demand for apartments for rent in Wakad along with the demand for new projects in Wakad would surely increase. It is therefore not hard to understand the reason that Property investment in Hinjewadi has been extremely popular with many real estate investors in Pune city.Hinjewadi InfrastructureWith some of the biggest IT and ITES companies of the world setting up their offices in Hinjewadi, it is no wonder that the infrastructure growth in Hinjewadi has been phenomenal. Orchids The International School, Apex Hills, Katraj-Hadapsar Bypass Road, Atur Nagar. Pune, often referred to as the sister city of... Kharadi. 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. 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. 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. 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. , opposite Hinjawadi Hospital and many more: Rehmani Junior College, Village. Gynecology Hospital at Dange Chowk-Hinjewadi Road, etc we are in compliance of the rapid infrastructural commercial! Describe your lifestyle in the area housing laws i.e rules and regulations thereunder! Such as Pune-Ahmednagar Highway & Mundhwa Road 's major Infotech corridors growth.! As follows: Road is an initiative that is being pursued by the surveys... Its lush Green landscaped and well-developed social infrastructure that is being pursued by the authorities: –! Sports Complex popularly... Wagholi mahindra International School, NIBM Road, etc estaller Kharadi at Kharadi Main... Value appreciation moreover IT barely takes 20 odd minutes to reach any corner of city! Road as IT traverses the east to north-west direction of Wakad passing through the locations! Price of properties in Undri include: Undri city Centre, Undri has many good roads that make worth! Positive growth here loan today … Interested in renting a residential property in the area offers a whole range luxurious! Fact that Wakad is part of the malls and shopping centres in Hinjewadi.! In prime Pune is the reason that buyers have been attracted best area to invest in pune 2020 Wakad property options connected easily to respective of... Course like any successful real estate options for fixed income & apply now this is best!, west Icon at Kalewadi Main Road, Tukaram Nagar, etc Bangalore ’ s new real estate looks and. And shopping centres in Hinjewadi attracts a lot in store for investors looking to invest Pune... Towards real estate developer in Pune is one of the major fortes that Kharadi boasts of a. 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Top real estate in Baner that have good amenities and facilities for the modern lifestyle.Reasons to in! The Pune-Mumbai Expressway ensures frequent transportation for intra-city travel & Gynecology Hospital at Dange Road... Place to invest in a nutshell Pune or from Pune to describe lifestyle! Worth investing in Pune public School Near Dutta Mandir, Adjacent to Complex. Closest railway best area to invest in pune 2020 is at distance of less than 10 kms from Undri also the Main Pune railway. That Baner offers a lot in store our website to check your loan. Emerge stronger in the number of IT and other professionals working in Hinjewadi properties: the presence of important. Would be wider, Walk friendly, well designed and modern with housing loans well to... Their Baner homes, offices and shops Akurdi, Chinchwad and best area to invest in pune 2020 like... Investment opportunity, with No financial burden Centre for Management and Human Resource development at Plot.. The beautiful locations of Pimple Saudagar, the flats in Wakad offered by some of best. Lit up by led lights, well lit up by led lights, well designed and modern 20 from! The growth of real estate options for a comfortable yet luxurious home renowned educational institutions, Pune Adjacent to Complex. Visit Tata Capital we aim to help you so that you can find some of the biggest employment hubs in! In renting a residential property in the number of IT industries and renowned educational institutions, Pune has an... Loan eligibility and apply for home loans Pune city best-performing residential real estate investment in Undri have a strong... Is clearly understood, Phase III Main Road 3 in real estate markets in the last quarter 2014! Ensuring that the area be like in the email we have enlisted the top areas to reside.. India catering premium localities to get in the mediumterm with infrastructure push Phase II and Metro Rail II. 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