Looking to invest in Pune? Real estate marketing is on the rise in the flourishing city of Pune and there are several promising investment prospects in every location you visit. But, out of all of these, which are the top places to invest in Pune? Let’s take a closer look.
Top Places to Invest in Pune
1. Hinjewadi
Average price: Rs 5,965 per sq ft
Hinjewadi is one of Pune’s most important commercial districts. Many IT companies and multinationals are located in the area, which makes it one of the top places to invest in Pune. It was one of the first and arguable the best-planned district in the city. It has a diverse range of housing options and impeccable infrastructure, making it a popular place of investment for home-buyers.
2. Wakad
Average price: Rs 6,880 per sq ft
Wakad has a booming municipal and social infrastructure and is located on the Mumbai-Pune Expressway, which provides direct access to India’s financial centre. Pune’s well-developed road network also connects the neighbourhood to the rest of the city. The locality will develop even more exponentially as a part of the upcoming Metro Project in Pune making it one of the places to invest in Pune.
Also Read: Best cities in India for Investment by NRIs
3. Baner
Average price: Rs 7,906 per sq ft
Baner’s location and transportation accessibility make it one of the top places to invest in Pune. Baner’s real estate is growing extensively with various new developments being planned to cater to practically all price categories, including luxury and affordable housing.
A plethora of job prospects in Baner, thanks to the presence of large IT parks and commercial company establishments, has added to the allure of the Baner real estate market.
4. Kharadi
Average price: Rs 7,319 per sq ft
Predicted to be the next best thing in Pune’s real estate, Kharadi is one of the most highly developed suburbs of Pune. It has emerged as the city’s favoured IT market, with some of the world’s largest IT and technology companies establishing offices there. Kharadi property costs have been gradually rising because of the exponential growth that this locale is witnessing. So, investing in the area can assure great returns making it one of the top places to invest in Pune.
With the fast-paced developments that Pune is undergoing, investing in the city is bound to be profitable. These top places to invest in Pune assure great returns, whether you are looking to invest in residential or commercial real estate. Choosing wisely when investing is important so we hope that you found this article useful.
Also Read: Stamp duty reduction in Maharashtra: What does it mean for homebuyers?
