10 Best Localities for Real Estate Investment in Pune

 

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Pune, often referred to as the “Oxford of the East,” has emerged as one of India’s most sought-after real estate destinations. With its booming IT sector, excellent educational institutions, and vibrant lifestyle, the city attracts investors looking for lucrative real estate opportunities.

If you are considering residential property investment in Pune, here are the 10 best localities that promise great returns and future growth.

1. Hinjawadi

Hinjawadi is Pune’s IT hub, housing the Rajiv Gandhi Infotech Park, which hosts major tech companies like Infosys, Wipro, and TCS. The influx of IT professionals has driven high rental demand and increased property appreciation, making it a hotspot for investment.

2. Wakad

Wakad, situated near Hinjawadi, benefits from excellent connectivity via the Mumbai-Pune Expressway. With a rapidly developing infrastructure, premium residential projects, and thriving social amenities, Wakad is an ideal location for investors seeking high rental yields.

3. Baner

Baner has evolved into a premium residential and commercial hub, attracting young professionals and families. Its proximity to the IT corridor, coupled with top-class restaurants, shopping centres, and schools, makes it a prime investment location.

4. Kharadi

Home to EON IT Park, Kharadi is one of Pune’s fastest-growing real estate destinations. The locality boasts top-tier infrastructure, premium residential developments, and increasing property values, making it a profitable investment choice.

5. Viman Nagar

Located near Pune Airport, Viman Nagar is a well-established residential and commercial hub. With renowned educational institutions, luxury shopping malls, and seamless connectivity, properties in Viman Nagar have consistently shown high appreciation rates.

6. Koregaon Park

Koregaon Park is one of Pune’s most prestigious and luxurious residential areas. Known for its elite community, premium apartments, and vibrant nightlife, this locality offers high-end investment opportunities, especially in luxury real estate.

7. Magarpatta

Magarpatta is a self-sustained township with a blend of residential, commercial, and IT spaces. With well-planned infrastructure and a sustainable environment, this area is favoured by IT professionals and families, ensuring steady property appreciation.

8. Undri

Undri is gaining popularity due to its affordable pricing and greenery, making it an attractive choice for homebuyers. With easy access to prominent locations like NIBM Road and Hadapsar, Undri is a promising investment destination.

9. Hadapsar

Hadapsar is another IT-driven real estate hotspot, housing corporate giants like IBM and Accenture. With top-notch residential projects and commercial establishments, it offers strong rental demand and property appreciation.

10. Talegaon

Talegaon is an emerging real estate destination, particularly for investors looking for affordable properties with long-term appreciation potential. Its proximity to Mumbai and Pune, along with the presence of industrial hubs, makes it a strategic investment choice.

Why Invest in Pune?

• Growing IT and industrial sector driving property demand.
• Excellent connectivity via expressways and metro expansion.
• High rental yields in key localities.
• Premium educational and healthcare institutions enhance liveability.
• Steady capital appreciation over the years.

Final Thoughts

Pune’s real estate market continues to be an attractive investment opportunity due to its rapid urbanisation, job opportunities, and superior quality of life.

Whether you’re looking for high rental returns or long-term appreciation, these top 10 localities offer immense growth potential. If you’re planning to invest in Pune, Joyville Sensorium in Hinjewadi can help you find the perfect property tailored to your needs.

Explore your options and make a smart investment today!

5 Best Locations for NRI Investment in Pune

 

Being one of India’s largest educational and industrial hubs, Pune attracts great attention. Many step foot in the city for educational and employment purposes. Another sector that has seen a promising opportunity in Pune is the group of investors. Recently, NRI investments in Pune have also been rising. That is because NRIs have taken an interest in the impressive number of real estate projects in the city.

The growing rental and returns of properties ensure a stable source of income and wealth-development opportunities. Any seasoned investor will take this opportunity to gain massive returns on investment.

Now, the question rises, where to invest in Pune?

This article will discuss the 5 best locations in Pune that are best suited for NRI investment.

Hinjewadi

Hinjewadi is a popular IT hub. Large MNCs like Wipro, Infosys and Cognizant have corporate offices in this area. So, there is no scarcity of employment opportunities here. The overall infrastructure of the place is quite developed, and the social life is exciting as well. Furthermore, its strategic location on the northeast corner of Pune makes it well connected to Baner, Wakad, Balewadi, Tathawade, and other prominent areas. Hinjewadi is a dynamic place in terms of location, connectivity and infrastructure, which makes it a profitable investment spot for NRIs.

If Hinjewadi has made an impression on you, check out Joyville Sensorium in Hinjawadi near Phase l, resting on the banks of the Mula river. It is a grand tower in the lap of nature, offering a refined taste of wellness. Spread over 10.5 acres of area, this housing society represents spacious living. Each 2bhk and 3bhk home here has all the luxurious amenities you can expect. The infinity pool and the river-facing clubhouse are just the final touches you need.

Baner

In close proximity to Hinjewadi, Baner rests in the northeast of Pune. The IT hubs of Hinjewadi and popular areas like Balewadi and Aundh surround Baner. Many IT professionals working in Hinjewadi prefer to rent or buy homes nearby, and Baner provides the ideal place. The Mumbai-Pune Expressway is close by, which enhances connectivity. The well-developed social and physical infrastructure adds to Banner’s features. Everything considered, Baner is an investment hotspot.

Hadapsar

With good connectivity, developed social infrastructure, and an array of recreational facilities, Hadapsar offers it all. The location already houses the offices of renowned companies like TCS, IBM, and SAS. These alluring features have also helped the real estate industry here. The location is dotted with residential and commercial projects, creating several investment opportunities.

If you like to invest in Hadapsar, then do consider Joyville Hadpasar Annexe which offers 1, 2, and 3 BHK flats starting at Rs.42.9 Lakh on Pune Solapur Highway.

Kharadi

Kharadi was once a barren land, but it became a commercial and residential project hub. Multiple aspects helped speed up Kharadi’s development. This area is located in east Pune, within a short distance from the airport. Famous spots like Cyber City, Koregaon Park, and Kalyani Nagar are easily accessible from Kharadi. The social infrastructure here is also a huge advantage.

Wakad is considered an ideal investment location for NRIs for its many advantages. The connectivity here is excellent, and the daily commute is convenient. Including the many hospitals, schools, malls, fast-food chains and restaurants, the social infrastructure is impressive. Additionally, IT hubs surround Wakad. All these features have led to the development of multiple real estate projects.

To sum up

Pune’s development has been impressive, and it will continue to grow. This growth has opened beneficial investment opportunities. NRI investments have thus increased to a great extent. The 5 locations discussed here are all lucrative options. You can invest in any of these locations and expect good returns on residential and commercial properties.

Originally published at http://realestateandepc.wordpress.com on December 21, 2022.