The Pune problem: Invest in East or West?
That someone wishes to buy a home in Pune needs little explanation; the vibrant city with its rich cultural heritage and ever-expanding industrial and technological infrastructure has become a real estate hotspot attracting homebuyers and real estate investors in equal measure.
However, one question arises: whether to buy a home in East or West Pune. Due to each region’s unique charms and advantages, this often turns into an unending debate.
Here is an analysis of both areas to help you make an informed decision:
East Pune:
East Pune reflects the city’s traditional character, housing its various forts, temples, and tourist attractions of cultural and historical importance. It features serene neighbourhoods and a laid-back atmosphere, unlike the fast-paced West. Due to its semi-rural and developing status, the cost of living and real estate prices are relatively lower in East Pune, as are the returns on investment.
The East is ideal for buyers who wish to adopt a peaceful lifestyle away from the chaos of the city. The region does show some promise in areas like Hadaspar, Viman Nagar, Koregaon Park, Manjhri, and Wagholi, which are well-connected to IT hubs like Magarpatta City, SP Infocity, etc.
West Pune:
The West reflects Pune’s urban modernity, featuring sprawling IT parks, entertainment centres, and residential townships. It houses prestigious educational institutions like the University of Pune, Savitribhai Phule University, Indhira College, etc, for which the city was dubbed the Oxford of the East.
The area enjoys robust connectivity due to its proximity to the Mumbai-Pune Expressway, further boosted by the newly inaugurated Metro Line Project and the proposed Pune Ring Road project.
The headquarters of numerous reputed private institutions are situated along the western corridor of the city, thus attracting a huge working population and ensuring rental income for homeowners.
The West has also shown a relatively better price appreciation across the years compared to the East, with strong and steady increases. While there might be a few inconveniences like higher cost of living or traffic congestion, West Pune’s advantages far exceed those of the East.
Our choice:
While the East has its many charms, it is evident that to look for your dream home, the West is the way to go. With its numerous residential townships, urban amenities, and recreational facilities, West Pune is the ideal destination to put down roots.
So make the most of West Pune with Shapoorji Pallonji Real Estate (SPRE). Whether you are a professional looking for affordable housing close to your workplace, or an expanding family searching for spacious homes in a serene and child-friendly neighbourhood, SPRE has something for everyone.
Explore their 1 and 2-BHK homes at Joyville Hinjawadi, or spacious 2 and 3-BHKs with pristine golf land-facing towers at Golfland, Vanaha in Bavdhan. Experience a holistic and well-balanced lifestyle with SPRE. To know more about their offerings in Pune, click here — https://shapoorjirealestate.com/
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