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Top 5 Localities in Pune for Home Buyers with Top Upcoming Residential Projects

Posted on: 22 December, 2015 Author Name: Ajaz Patel

Punya nagari – The blessed city – Pune! Ask anyone what do they recall at first when they hear the word Pune? And you can expect two spontaneous answers: Cultural heritage and IT Industry.

If you are thinking of buying a home in Pune I will give you a heads up in the starting: That’s a good decision! A city once known as a pensioners city, turned into a metro in just a decades time……..what else can you expect? Residing at a place having rich heritage, happening lifestyle and cool soothing weather!

Having said that, buying a home in Pune will need a detailed research! Central Pune already crowded and can leave you in a space problem. Best choice is the recently developing suburban areas. Let me tell you five top localities in Pune where you can expect specious apartments developed with world class amenities, at affordable rate.

      1. Kharadi

A village located in the eastern corridor of Pune, currently housing many software companies is famous as the most upcoming IT destination. The IT majors in the area are joining hands with the builders in order to provide luxurious lifestyles to their employees. Many residential projects are now launched in the area, which are in sync with the modern times. To name a few – Song of Joy, Trinity Towers Kharadi by Gera Developers.

     2. Baner

A subarb of Pune located off Katraj-Dehu bypass - portrays the perfect fusion of Pune’s current trend – the IT industry metro culture and the original heritage culture! Anyone having a slightest track of real estate market in Pune will agree that Baner is an irresistible destination. The fastest growing IT Hub of the city Hijewadi is at very convenient distance from Baner. The area also hosts big companies like Symantec, Calsoft. No wonder the demand of residential properties at Baner is augmented. Many luxurious residential projects are launched in the area to contribute to the growth of Baner. Gera Affinia, Pinnacle Neelanchal, Rohan Leher 2 Baner are few few names.

      3. Wakad

Wakad - situated in the north-western belt of Pune, in Pimpari-Chinchwad region, is one of the fastest growing neighbourhoods of Pune. Due to the surrounding IT hubs and the Pune-Mumbai Express way, Wakad is developing at a rapid rate. Experts say that in year 2013-14 properties at Wakad saw nearly 40% appreciation. If you are an investor expecting good appreciation rate for your investments then Wakad is the best place to invest. Elegant 2-3 BHK homes offered by Kalpataru Crescendo wakad is one of the best options available in Wakad.

     4. Balewadi

Balewadi is located at the North-West of the city and is famous for the sports complex it houses. Though it’s the oldest part of Pune, the area got its prominence after construction of the Shree Shiv Chatrapati Sports complex. The area is surrounded by Pimpale Nilakh, Baner, Hinjewadi and Wakad. Connectivity of the area is considerably improved due to the common wealth games. Due to its proximity to major IT hubs and educational institutes residential properties are at higher demand. If you are looking for an elegant living space in Balewadi visit Marvel Brisa Balewadi!

     5. Wagholi

Situated on Pune-Ahamadnagar road, Wagholi is the most desired destination for first time home buyers and investors. In the near proximity of IT Hub of Kharadi, Kalyani Nagar and Magarpatta city and still apartments available at very affordable rates are some important points behind growing property demand at Wagholi. Skylights Wagholi is a residential project by Ravinanda Landmarks is an ongoing project where you can expect nice home within your budget.

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