15, Rajiv Gandhi Infotech Park, MIDC, Hinjawadi Phase 1 Road and many more. Buying a home in Mumbai could be tricky, and the year 2020 holds a lot in store for investors and homebuyers alike. Will Green Homes be the New Smart Way towards Real Estate Investment in 2021? 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. Also the main Pune Junction railway station is at distance of less than 10 kms from Undri. One can get many buses from the Wakad Bus Stand to reach any corner of Pune city. 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. 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. 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. Outer Ring Road has emerged as the best upcoming investment market with large townships. Wakad is located close to the PMRDA and the PCMC area. Sanjeevani Hospital at Hinjewadi Road Above IDBI Bank, Shivaji Chowk, Phase-I.3. #11. As we go into the year 2020 & beyond and based on the statistics. Kondhwa Road, Mumbai-Hyderabad Highway, Solapur Road, etc. 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. Buy 1 BHK, 2 BHK or 3 BHK flats in Pune, we have personalized homes for you. Visit the website for details ... this post was submitted on 09 Apr 2020. Road. Here are few of the best real estate projects for investment in Pune. Pune has become popularly known as the Oxford of the East, because it has developed into a hub for learning. 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”. Global Highstreet in Phase 1, Hinjewadi Rajiv Gandhi Infotech Park3. A few popular IT parks located here are Rajiv Gandhi IT Park, Blueridge And Embassy Techzone. The development of Linear Garden in Wakad. This factor has also ensured that there are many new residential projects in Undri today due to the strong demand for housing there. Of course like any successful real estate location, Undri is definitely a winner when it comes to its super location. Therefore you can find some of the best ITES players, hospitality brands, retail giants and quality education institutes today in Kharadi. Can We Get Tax Benefit on Personal Loan in 2021? Balewadi. What will the area be like in the future? 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. While Pune is rated as one of the best retail markets in terms of warehousing and supply chain, it faces stiff competition too. Sanskriti School in Undri NIBM Survey Number 12, 13, Link Road Undrigaon. With commercial hubs and IT parks close by the demand for rental homes and rental apartments in Undri is quite healthy indeed. Baner location and connectivityBaner is blessed with the presence of some important connecting roads including The Pune Bypass Road and The Mumbai-Bangalore Highway. Ltd. Near Bottoms Up Resto, Hinjewadi-Dange Chowk Road. 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. 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. Prime City Center at Datta Mandir Rd, Shankar Kalat Nagar. 4. This includes quality affordable flats in Baner that have good amenities and facilities for the modern lifestyle.Reasons to invest in Baner properties. Wagholi, Pune. As mentioned in the Wakad connectivity section, Wakad is very well connected to major locations within and outside Pune. 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. What makes Pune an attractive property investment destination is that the city’s residential property market has maintained its momentum even in a challenging economic environment. 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. 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. Anisha Global School, NIBM Road, Kad Nagar, Mohammed Wadi. At Tata Capital we try to help you with your housing finances by providing you with housing loans. The Genius English Medium School at Mukai Nagar, opposite Hinjawadi Hospital and many more. Outer Ring Road Phase II and Metro Rail Phase II will become operational late this year. Kharadi is known for its lush green landscaped and well-developed social infrastructure. Visit our website to check your home loan eligibility and apply for a home loan today. Wakad: Best Place to Invest in Pune 2019. 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. One of the largest IT Hubs of Pune, Hinjewadi is home to big corporations like Wipro and Infosys. Thank you, for signing up to our newsletter !! Things to Keep in Mind if You Are Buying a Resale/Old Property, List of Countries to Travel without Visa from India, Know How to prepare for if you are planning for Overseas Education during COVID-19, Countries to Choose for Students for Studying Abroad after COVID-19. Another key area of Shivaji Nagar in prime Pune is also at a stone’s throw distance from Wakad. Outskirts of Pune, like Wagholi, Ravet, Undri, Talegaon, and Wakad, are also good areas to reside in. There are plenty of job and business opportunities in Pune today making it a preferred housing destination for many. 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. Population (mid-2018 est): 120,000 – 125,000. 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. 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. Investors who have invested in Baner properties are enjoying a good return through steady rentals for their Baner homes, offices and shops. Krishna Market in Phase 3, Hinjewadi Rajiv Gandhi Infotech Park and many more.Good facilities, entertainment zones, eating places have definitely spiced up the Hinjewadi real estate market in a big way and the number of residential projects in Hinjewadi is obviously increased every day. 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. Balewadi is a north-western suburb of Pune located in the outskirts of the city. Select best place in Pune to describe your lifestyle in the best way. We are in process of providing information in this website as required under Real Estate (Development and Regulation) Act, 2016 and the Rules and Regulations thereunder. 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. Historically, real estate in Baner has provided a good return on investments with prices hiking from Rs 5600/sq.ft. Here’s the best places to buy a vacation rental home in 2020. Discover the trends and reports that shape the dynamic Indian real estate industry. Please confirm your email address by clicking on the link in the email we have just sent you. The fact that Undri Pisoli has well developed civic facilities, good infrastructure, great connectivity and access to other key locations in Pune has definitely helped the growth of real estate in Undri. Buy 1 BHK, 2 BHK or 3 BHK flats in Pune, we have personalized homes for you. 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. Since Hinjewadi real estate offers a plethora of property options that include mid segment projects, luxury homes as well as affordable housing projects – the number of people booking homes in Hinjewadi is increasing day by day. In terms of connectivity, Undri has many good roads that make it easily accessible from various parts of Pune and elsewhere. 1 point (100% upvoted) shortlink: remember me reset password. Here is the list of the 26 best investment plans in India 2021. Mediplus Speciality Hospital Pvt. Conclusively, an investment propensity of a buyer is driven by infrastructure expansion, commercial growth and competitive capital values, which affirm higher returns in future. The impact of this modern palika bazar on Wakad properties is obviously going to be positive. Continue Reading ... Best area to Invest in Hyderabad 2019. Fastest Growing Residential Areas in Pune for Investment. Our home loan interest rates start at 9.25%. ... this post was submitted on 25 Sep 2020. All rights reserved. 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. Some popular IT spaces, such as Kharadi IT park, World Trade Centre and EON IT Park are located here. The per square foot price for Kharadi real estate is still pocket friendly for most people. 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. 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. Ltd. at Plot no. The very nature of Hinjewadi’s set up means that it remains one of the biggest employment hubs in Pune city. 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. The demand for retail shops and commercial spaces on rent in Undri is also quite good and property investors in new projects in Undri keep this factor in mind while booking properties in Undri. The Lillian School, Maharashtra Fellowship for Deaf, Mohammadwadi Road, etc. At Tata Capital we aim to help you so that you can find the best investment opportunity, with no financial burden. A few of the malls and shopping centres in Wakad include: Pristine Square at Shankar Kalat Nagar, Pimpri-Chinchwad area. What are the upcoming infrastructure developments in Wakad? For a Pune real estate investor planning to invest in a hot location in Pune, Kharadi presents a very strong case for consideration. 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. 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. Buying a house whether for living or for investment, will be one of your biggest purchases of your life … Reputed schools in Hinjewadi include: 1. 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. Hinjewadi (Hinjawadi)Hinjewadi real estate rides largely on the fact that Hinjewadi is one of the global hotspots for the IT industry today. with our All New"Really Estate" Technology. All travelers from Mumbai to Pune or from Pune to Mumbai inadvertently go through the beautiful locations of Wakad. Hinjewadi is located in close proximity to Balewadi and Baner which are flourishing suburban locations of Pune city.Hinjewadi also enjoys a very good natural surrounding with lush green areas and a clean environment. Also there are many buses available from the nearby Pimpri Bus Stand which can be used to reach multiple locations across Pune. Estaller Kharadi at Kharadi South Main Road, Rakshak Nagar, etc. 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. 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. Annexe can be a tricky affair while investing in Pune property. You can choose to use trains form the closest railway station at Hadapsar. So, select the business wisely depending on your skill, expertise, and investment capacity. To start and run a manufacturing business require reasonable startup investment. 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. Kamal Pratishthan Mount Litera Zee School at Pink City D.P. Always choosing the right hairstyle is an necessary for improving your appearance. A few of the malls and shopping centres in Hinjewadi include:1. Polaris Healthcare - Orthopedic & Gynecology Hospital at Dange Chowk Rd, near Datta Mandir. Baner is the place to be if you’re looking for a comfortable yet luxurious home. 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. 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. These major corporatiions have also largely influenced the faster implementation of infrastructure plans and that in turn has improved real estate in Hinjewadi in a big way indeed.The demand for housing in Hinjewadi has increased with the increase in the work population here. Therefore, investing in Wakad properties promises to be safe and profitable too. 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. Symbiosis Centre for Management and Human Resource Development at Plot No. Wisdom World School at Park Street, Aundh Chest Hospital Road, Near Kalewadi Chowk. It is a fast-food restaurant which … Moshi. Alard Group of Institutes at Allad College, Marunji Village, Hinjawadi.2. 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. 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. It has been enhanced to a great extent with respect to the issues of foundation and office. Wagholi is a town located on the Pune-Nagar highway and is connected well to IT parks through Nagar road. 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. 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 … Flats on rent in Baner are in demand due to the connectivity and the social infrastructure that Baner offers its residents. With multiple well reputed IT companies including Honeywell, TCS, IBM and Accenture present here, the employment opportunities for residents of Undri are very good. As a location in Pune that has a lot of history, Baner real estate is rewriting its popularity all over again. 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. 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. 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. 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. Orchids The International School, Apex Hills, Katraj-Hadapsar Bypass Road, Atur Nagar. The locality is host to commercial offices and IT parks such as ICC Trade Tower, Nanospace IT Park and RMZ Westend. 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. 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. On the North side of Wakad there are equally upcoming real estate locations of Pune like Akurdi, Chinchwad and Ravet. Xion Mall on Hinjewadi - Wakad Rd, Hinjawadi Village, West Icon at Kalewadi Main Rd, Maharashtra Colony, Pratham Reflections Society. Moreover, the Pune International Airport is also just 10 minutes away, ensuring that the area is well-connected. 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. Pune is one of the largest cities in India catering premium localities to get in the real estate. There are many obvious factors that make property investment in Hinjewadi a very attractive proposition. The area offers a lot of employment opportunities and is well connected. Since Wakad is a part of PMRDA, the development of infrastructure in Wakad and other public facilities have happened swiftly & professionally. 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. The IT-ITes policy that was implemented by the Maharashtra government in the early part of 2000s has helped the growth of Hinjewadi tremendously. The per square feet price of properties in Wakad is still very affordable and pocket friendly. 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. This can, therefore, be a good area for land investment for investors, keeping in mind proximity to important locations such as Whitefield, good infrastructure, and lower prices. Compared to Baner or Pimple Saudagar, the flats in Wakad are cheaper and more affordable. Similarly it is relatively easy to reach prominent locations like Khadki & Manjari from Kharadi. A few hospitals and health care centres in Hinjewadi include:1. Commercia mall Wakad at Service Rd, Shankar Kalat Nagar. Investment Properties in Wagholi. RMZ Westend is not more than 20 kms from Undri. 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. Apartments in Undri have a very strong demand due to the strong working population nearby. Other prominent IT centres near Wakad are Nano Space, Teerth Technospace, Prabhavee Techpark, etc. 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. The Hinjewadi real estate market has also received a positive momentum due to the fact that there are a few major roads like The Hinjewadi Road and The Mumbai-Bengaluru Highway which make connectivity from and to Hinjewadi very smooth and robust.Also the excellent bus services available from Hinjewadi owing to the Hinjewadi Bus Stand and the Pimpri Bus Stand make travelling from various parts of Pune to Hinjewadi and vice versa very easy and simple.The Pimpri railway station which is a shade above 10 kms from Hinjewadi ensures that you can avail trains for any destination also increases the Hinjewadi connectivity quotient hugely.Hinjewadi will have futher improved connectivity by virtue of the Pune Metropolitan Regional Development Authority’s plans to connect Hinjewadi and Shivaji Nagar through 23 stations. 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. Pragnya Junior College of Arts, Commerce & Science, Handewadi chowk. 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. This has led to a massive increase in the number of professionals who are interested in renting a residential property in the area. There are obvious strong reasons to invest in Undri properties and also to buy in under construction projects in Undri. getty. Wakad has developed into one of the sought-after hubs in in western Pune. All Rights Reserved. Kharadi offers them a Walk to Work lifestyle which the new generation prefers. The real estate market in Pune has recorded a seven percent growth in the last quarter of 2014. The locality is well connected to the Mumba-Pune expressway, making transportation convenient. Smooth connectivity and further improving connections are additional factors influencing Kharadi real estate market. Baner offers a whole range of real estate options for buyers. www.99sqft.com. 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. 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. Kharadi is definitely the next big thing in Pune real estate. Properties in Baner have also benefitted from the fact that Baner is in close proximity to key industrial zones and important IT hubs of Pune city. As per most of the leading property portals in India including real estate marketing portals like 99sqft, Commercial real estate in Wakad, residential properties in Wakad as well as retail real estate in Wakad are slated to grow positively in the coming years. This is the reason that there are many affordable homes in Wakad offered by some of the best property developers in Wakad. 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. 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. The Poconos in Pennsylvania are a popular drive-to destination . 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. A few of the malls and shopping centres in Baner include: Westend Mall close to Parihar Chowk, Harmony Society, Naresh super market on Baner - Mahalunge Road, The Pavillion on Senapati Bapat Road, next to JW Marriott hotel. Wakad is also less than 10 kms away from the Chinchwad Railway Station and the Pune Airport is hardly a forty minute drive from Wakad location. The social fabric and public infrastructure in Kharadi make it an ideal location to live, work and play. where you can find large companies and corporate houses like Veritas, Cummins, Siemens, Vyomlabs, Pubmatic, Xoriant, etc. Going by the market surveys, we have enlisted the top areas for real estate investment in pune 2019. Being located in the South of Pune, Undri is now a well-established residential and sough after real estate investment area in Pune. 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