The remarkable development in the Information Technology industry, without a question, is a key factor to ensure the mushrooming demand for both commercial and completed residential properties in Pune. In addition, the fast development of the road, rail networks including the education institutes all over the city are the most contributing factors to make the city a point of attraction for both investors and property seekers.
Whether you are looking for property in Pune Shirwal, Ambarwadi, Binar, Wakad etc. there are certain cost-effective and available places in the city that are ideal for investment. The central areas of the city witness a prodigious and high-speed development in terms of improved roads, shopping market, education system etc.
Eastern and western front’s ongoing plotting projects in Pune witness utmost development as a result of sound road and rail network along with first-rate connectivity. Somatane, Wagholi, Kharadi, Hinjewadi, Aunudh and Undri along with commercial projects in Baner Pune witness a steady growth in the real estate properties. Additionally, these areas feature the setup of industries of wide-ranging types.
As a result, properties in Pune in the aforesaid regions are in huge demand. In the western zone, Baner, Hinjewadi, Mahalunge and Wakad are fast turning up as development corridors. With this in mind, a maximum number of property seekers and investors from varied parts of India are focusing on purchasing the properties there. Here are the top two areas in Pune for investing in real estate properties:
Baner, being a suburban area in the western Pune, is an ideal location for investors from an investment point-of-view. The property rates continue to soar up over the years, which is a magnet for a maximum number of investors and end-use buyers in a similar way. At present, the property rates are not exorbitant but it is guessed to reach the level in the time to come soon. With that said, simply investing here is undoubtedly a levelheaded decision, as it will lead you to get high returns in a very near future.
The demand for commercial projects in Kharadi continues to soar up as a result of the establishment of the leading IT park here. Ongoing residential projects in Pune particularly luxurious apartments and flats always remain in huge demand also because there is a good availability of different sumptuous lounges, pubs and eateries. So buying new housing projects in Kharadi Pune is definitely a wise decision.
By and large, Pune is unquestionably a great destination for buying both commercial and residential properties for every investor. This is high time for making investment since there will always be an escalation in the price rates even in the distant time to come yet.