Pune-West is becoming a Favorable Location for Home Buyers
Western Pune is becoming a favorable property destination due to the following reasons one is Hinjewadi IT Park and another is Mumbai Express Way. Mainly due to these two reasons Pune-West attract the people within. In terms of budget, Western Pune offerings the best affordable cost to the Home Buyers for their dream home.
Western Pune Includes many areas like Wakad, Aundh, Pimpri-Chinchwad, Balewadi, Baner, Bavdhan, Hinjewadi, Pimple Gurav, Pimple Nilakh, Pimple Saudagar and many more. Each locality of the western Pune offers you the ultra modern residential projects by the well known builder of Pune.
However, there are four major localities viz. Wakad, Pimple Saudagar, Hinjewadi and Bavdhan shows the high demand by the home buyers. These four localities are the top four localities nowadays in Pune for the Home seeker as well as for the developers.
As per the investigation, mostly, the demand of the home buyers is from IT professionals working in the Hinjewadi IT belt and from the people who are working in big scale MIDC like Talegaon, Chakan etc. These professionals are bachelors or having small families, looking for 1BHK and 2BHK units. Also all these localities are close to Mumbai Pune Expressway, and are being preferred by those who would like to stay close to Pune and Mumbai.
The infrastructure in these is well established as well as well connected as it is reachable to Pune railway station and airport. While Wakad is about 16-kms from railway station and about 20-kms from the airport, Pimple Saudagar is about 15-kms from the railway station and about 18-kms from the airport. Also, PMC gives you their best service of Pune Mahanagar Parivahan Mahamandal Limited (PMPML) in these localities
When we find the high demand in the particular area for the property it always leads to increase the capital value for property. This four localities are highly demanded by the home buyers who are looking for the investment purpose as these localities shows the budget properties which encourage the home buyers to invest for future ROI.
Western Pune shows the increase in the rate for the residential property from the last two- three years by almost 33% approx. In the year 2011-2012, Property rate in the localities is average Rs. 4000 per sq.ft. And in present, it indicates average Rs. 6700 per sq.ft. And it will continue to increase in future.
So, It will very beneficiary for the Investors in present to invest into the deal. It will definitely gives the good return from the property particularly in these top four localities which are mentioned above.
Here are some of the interesting projects which will definitely meet the home buyers requirements for their dream home.
- “Megapolis” in Hinjewadi:- 1BHK, 2BHK, and 3BHK
- Kolte Patil “Life Republic”:- 1BHK and 2BHK
- Ace Almighty” in Wakad:- 2BHK
- Prime Plus” in Pimple Saudagar:- 2BHK and 3BHK
- 24K Jazz” in Pimple Nilakh:- 2BHK and 3BHK
- 24K Glitterti” in Pimple Nilakh:- 3BHK and 4BHK penthouse
- Puraniks “Aldea Espanola” in Baner:- 1BHK, 2BHK and 3BHK
- Gera’s “Regent Tower” in Baner:- 4BHK
- Gera’s “Isle Royale” in Bavdhan:- 3BHK, 4BHK and 5BHK
- Nyati Equatorial” in Bavdhan:- 2BHK and 3BHK etc
Category : Flatons Advisors Blog