5 Best places for investment and growth in Pune Suburbs Buying Guide

The progressive standards of connectivity, suburban pockets are increasingly becoming the more sought after areas to own a home. These new suburbs in Pune provide not just the ease of commute but also a dependable social infrastructure to live to settle in with commercial offices in the proximity thereby increasing residential units in the surroundings.

Pune as a geography has enormous potential to flourish from all sides; it is constantly absorbing the nearby villages and expanding rapidly. The growing IT parks and commercial hubs in the suburbs have created a demand from buyers and consequently resulting in better social infrastructure.

Some major infrastructure projects, including the Mumbai-Pune Expressway and Pune-Bangalore Expressway, are other key factors helping the city become a preferred location of residential development.

Demand for Pune as an internationally sought-after business destination is on the rise owing to sectors like trade and commerce, education, IT, tourism and agriculture are pushing the demand. As the city’s central locations have long been congested and remain unaffordable, the demand for expansion in the nearby vicinity is really leading the market and will continue to have a steady increase.

The city suburbs have been flourishing in the recent years, primarily due to the better infrastructure that has made connectivity easier. Suburban markets like Kharadi, Wagholi, Hinjewadi, Undri, Lohegaon, Wakad, Baner etc. which were considered fringe markets just a decade ago have now been seamlessly integrated into the main geography. With more IT parks and commercial hubs, this market is witnessing quite a dramatic surge in demand and momentum in the Real Estate space.

The 2800-acre IT park in Hinjewadi and Maan, houses hundreds of companies of different sizes. Hinjewadi is a proposed hub for integrated townships in Pune. Maharashtra government has laid down an integrated approach to development of townships to decongest Pune Municipal Corporation areas and encourage new settlements in its periphery though higher FSI (floor space index) than what is normally allowed in the municipal limits. Property to look out for investing in Hinjewadi is Life Republic by Kolte-Patil Developers Ltd, with all amenities in the project, it is one of the most sought after projects in Hinjewadi

Another project that offers an ultra-modern living is Balaji Mesmero by Balaji World located very close to Vishrantwadi & Pune International Airport, an ideal locality to look out for in terms of return on investment.

Basic infrastructure gives people access to elementary resources required for living. Physical accessibility is fundamental to well-being and livelihood; access to healthcare, market, education, workplace, resources, etc. Paved transport access will ease and create an opportunity for Real Estate, Employment, etc. With ready to use infrastructure like paved roads, ample parking spaces, a dedicated water source, retail outlets and quality education at schools, Ivy Estate but Kolte Patil Developers Ltd in Wagholi  offers more. This 75-acre lavish community-crafted with thoughtfulness and efficient planning is definitely an investment option in the Suburbs.

24K Sereno in Baner , is an exclusive life space project brought to you by Now Realty Pvt. Ltd. and Kolte-Patil Developers Ltd. that is designed to make you realise a sense of belongingness to the one that you deserve.

Buyers prefer to stay close to their business or commercial buildings and locations which have better infrastructure. A well-connected locality makes the commute easier and consequently more relaxed. It provides the most credible lever for driving investment in residential markets in these areas and substantiating the growth probabilities in the future. Hi Life, just 10 minutes drive from Aundh and in the heart of Wakad is such project that offers spacious homes with bigger rooms at the same price point.

At the end of the day, location perks is what has driven real estate for generations and will continue to drive it in the future