Global Highstreet in Phase 1, Hinjewadi Rajiv Gandhi Infotech Park3. Kondhwa Road, Mumbai-Hyderabad Highway, Solapur Road, etc. Hardly a distance of around half an hour, to the north side of Wakad one can find the famed Talawade IT Park with multinational companies like Syntel and others. Start a Manufacturing Business in Pune. Additional Reading: Real Estate Investing 101. The demand for rental homes in Wakad is very high due to the proximity to the IT markets and so even if you plan to invest in a flat in Wakad and give your property on rent in Wakad, you will make a good rental income. Kohinoor Group is a top real estate developer in Pune for residential & commercial projects. Similarly it is relatively easy to reach prominent locations like Khadki & Manjari from Kharadi. Sanjeevani Hospital at Hinjewadi Road Above IDBI Bank, Shivaji Chowk, Phase-I.3. Margosa Shopping Complex, NIBM Annex, Mahadev Wadi. There are more than 4 Lakh IT and other professionals working in Hinjewadi IT parks. Apart from these two roads, the presence of The Gopal Hari Deshmukh Marg and the Mumbai-Pune Expressway near Baner makes commuting via road very easy indeed.Baner has a robust bus service and there are numerous buses ferrying passengers from the Baner Bus Stand and the Shivaji Nagar Bus Stand across multiple locations in Pune.The Shivaji Nagar railway station which is a shade below 10 kms from Baner offers many trains travelling across India.From Baner you can get to Pune Airport within 30 mins.These strong connectivity factors have increased the value of Baner real estate over the years. As far as investment in Pune’s real estate market is concerned buyers need to keep an eye on the following things: Location and Connectivity: One thing that has dominated the mindset of consumers for years is the location and connectivity. One of the best places to invest in Pune is Wakad and there are many factors that make it worth investing in. Baner InfrastructureIT Park set up in BanerEmployment zones in and near BanerA plethora of job opportunities in Baner location due to the presence of huge IT parks as well as commercial business set ups has also added to the charm of Baner real estate market.Such employment zones in Baner include:The Pune IT Park located around six kms from Baner.The ICC towers and the Maharastra Chamber Of Commerce Industries & Agriculture.RMZ Westend is also amere stone’s throw away from Baner.Anpther big IT hub called Nanospace IT Park is also present in Baner adding to the numerous job possibilities. in 2014 to Rs 7000/sq.ft in 2019. Top Locations for Property Investment in Pune. Pune: In Pune, Hinjewadi and Kharadi offer reasonably good affordability in proximity to the city's major Infotech corridors. You can sit on the riverbank and enjoy the panoramic views of the river. 1. RMZ Westend is not more than 20 kms from Undri. Prime areas in Pune including Kalyani Nagar, up market area like Koregaon Park, Viman Nagar, upcoming residential location like Wagholi, Hadapsar and Mundhwa are all located include proximity to Kharadi. Continue Reading ... Best area to Invest in Hyderabad 2019. Smooth connectivity and further improving connections are additional factors influencing Kharadi real estate market. The demand for rental homes in Kharadi has also significantly increased due to this factor and similarly the demand for rental offices in Kharadi as well as retail rentals & shops on rent in Kharadi has zoomed. A few hospitals and health care centres in Baner include: Jupiter Hospital close to Bharatratna Dr Babasaheb Ambedkar Bridge, Prathamesh Park, Gupte Hospital Extension Clinic, Shiv Shakti Complex, Riviresa Society, Life Line Hospital on the Baner Balewadi Road, Umarji Mother and Child Care Hospital at Baner-Balewadi Phata, Vital Life Clinic close to Kodak Mahindra Bank, Balewadi Phata. On the North side of Wakad there are equally upcoming real estate locations of Pune like Akurdi, Chinchwad and Ravet. The real estate landscape of Wakad would surely get a big make over with the development of a Linear Garden which has been Okayed for Wakad-Pimple Gurav road at a decent cost. The south areas of Wakad are surrounded by the beautiful Mula river. We are in compliance of the newly introduced housing laws i.e. The Lillian School, Maharashtra Fellowship for Deaf, Mohammadwadi Road, etc. Outskirts of Pune, like Wagholi, Ravet, Undri, Talegaon, and Wakad, are also good areas to reside in. What are the upcoming infrastructure developments in Wakad? This increase in demand is a result of the rapid infrastructural and commercial development in the sector. Investors who have invested in Baner properties are enjoying a good return through steady rentals for their Baner homes, offices and shops. Hinjewadi is located in close proximity to Balewadi and Baner which are flourishing suburban locations of Pune city.Hinjewadi also enjoys a very good natural surrounding with lush green areas and a clean environment. Balewadi. Some popular IT spaces, such as Kharadi IT park, World Trade Centre and EON IT Park are located here. EuroSchool Wakad - ICSE School near Dutta Mandir, Adjacent to Palash Complex, Off Wakad – Thergaon Road. Which are the best Places to Invest in Pune 2020? To start and run a manufacturing business require reasonable startup investment. The Orchid School at Baner - Mahalunge Rd, Lalit Estate, VIBGYOR High School, Balewadi inSus Village, Bengaluru - Mumbai Highway, The Ecole Heritage School at Park Marina Road,, Balewadi Phata, Educon International School Off Pancard Club Road, behind Beverly Hills Society. Since the Mumbai-Pune-Bangalore Highway zooms through Wakad, the importance of Wakad is clearly understood. Xion Mall at Hinjewadi - Wakad Rd, Hinjawadi Village2. Vimal Superspeciality Clinic at Hadapsar Road, Kad Nagar. Xion Mall on Hinjewadi - Wakad Rd, Hinjawadi Village, West Icon at Kalewadi Main Rd, Maharashtra Colony, Pratham Reflections Society. There are multiple reasons to be bullish about Pune real estate going into 2020 and further as there are robust factors that would ensure that the Pune property market keeps growing and prospering in the years to come. We are in process of providing information in this website as required under Real Estate (Development and Regulation) Act, 2016 and the Rules and Regulations thereunder. For a Pune real estate investor planning to invest in a hot location in Pune, Kharadi presents a very strong case for consideration. Best Real Estate Projects for Investment in Pune by tatacapitalblog January 17, 2020 in Home Loan , no comment Pune has become popularly known as the Oxford of the East, because it has developed into a hub for learning. There are obvious strong reasons to invest in Undri properties and also to buy in under construction projects in Undri. Best and safe investment plans to get high returns in 2021, choose from a range of short term and long-term investment options via the complete investment guide to achieve your financial goals. As one of the fastest developing area in Pune, Kharadi property rates have been steadily increasing as this Pune location also has a healthy mix of other businesses & industries. A huge factor for the growth in Hinjewadi real estate is also the fact that the demand for rental homes in Hinjewadi is pretty high. It lies in close proximity to Hadapsar, which happens to be one the prime commercial areas of Pune city having 3 giant SEZs – Phursungi IT Park, Magarpatta City and Amanora Park Town. Other prominent IT centres near Wakad are Nano Space, Teerth Technospace, Prabhavee Techpark, etc. Wakad is located close to the PMRDA and the PCMC area. Apparently the cluster of Wakad, Pimple Gurav & Pimple Saudagar is slated to be developed on the lines of a smart city thereby impacting the overall property rates in Wakad in the near future. Visit our website to check your home loan eligibility and apply for a home loan today. The good organic demand, the increasing and improving infrastructure, the very strong social infrastructure, the presence of quality real estate projects in Undri – all indicate a very good real estate market future in Undri. Mediplus Speciality Hospital Pvt. Well-developed civic facilities, social infrastructure and seamless connectivity to major locations within and outside Pune have ensured that Baner property has gone from strength to strength in the recent years.Baner is a now a top ranking residential location in Pune city and definitely one of the hottest in demand Pune suburb. with our All New"Really Estate" Technology. This factor has also ensured that there are many new residential projects in Undri today due to the strong demand for housing there. The IT-ITes policy that was implemented by the Maharashtra government in the early part of 2000s has helped the growth of Hinjewadi tremendously. All travelers from Mumbai to Pune or from Pune to Mumbai inadvertently go through the beautiful locations of Wakad. Polaris Healthcare - Orthopedic & Gynecology Hospital at Dange Chowk Rd, near Datta Mandir. A few hospitals and health care centres in Wakad include: Lifepoint Multispecialty Hospital on Mumbai Pune Bypass Rd, near Hotel Sayaji, Surya Mother And Child Care Super specialty Hospital near Pune Octroi Naka, Hinjawadi - Wakad Road. Blue Ridge Public School near Phase 1, Hinjawadi, Near Lemon Tree Hotel 2. 4. These factors make Wakad a very well connected location and therefore the property market in Wakad, Pune has grown positively and consistently. Another important fact is that there are major commercial centres within Wakad area including Pushpak and Solitaire Business Hub. While price growth in the two regions has been muted in the short-term, the areas are expected to prove beneficial for investment post the development on the Delhi-Mumbai Industrial Corridor gains steam. Kharadi is definitely the next big thing in Pune real estate. What are the Steps Taken by the Government to Fight Coronavirus in India. Rental properties in Undri have been demand especially in the last 5 years as there has been a positive growth here. The Pimpri-Chinchwad Smart City program has multiple developments in store. New projects in Hinjewadi have therefore been rapidly increasing too. The cultural centre is well developed in commercial and social sectors, which has led to a huge number of students and professionals moving to Pune to pursue their career aspirations. In fact there are more than 200 new residential projects in Kharadi that include ready projects in Kharadi as well as under construction projects in Kharadi. A few hospitals and health care centres in Undri include: Kalpataru Hospital, Opp Bishop's school, near Ganesh Mandir, Kad Nagar. Why 2021 is the Best Time to Make a Real Estate Investment in Smart Cities? Another key area of Shivaji Nagar in prime Pune is also at a stone’s throw distance from Wakad. Wakad: Best Place to Invest in Pune 2019. Also with more than 300 ongoing projects in Undri of local as well national level real estate developers, the supply of quality apartments in Undri will improve further. What makes Pune an attractive property investment destination is that the city’s residential property market has maintained its momentum even in a challenging economic environment. Pune has become popularly known as the Oxford of the East, because it has developed into a hub for learning. At Tata Capital we aim to help you so that you can find the best investment opportunity, with no financial burden. How Can Proptech Help Revive Real Estate in India After The Pandemic? The fact that all Hinjewadi RERA Real Estate Projects have also been priced sensibly is adding to the overall positive growth of the Hinjewadi real estate market. Some of the vital roads that pass through Wakad include Wakad Road, the Kalewadi Main Road, and the very crucial Mumbai-Pune Expressway. Sinhgad Law College on Kondhwa-Saswad Road, Kondhwa (Bk). Eating out at restaurants is an experience that most people in Pune cherish a lot. Flats on rent in Baner are in demand due to the connectivity and the social infrastructure that Baner offers its residents. Wakad is a strong property investment location in Pune and there are many factors that have put Wakad in this strong position including: Wakad has a huge advantage in terms of its location and if you look at where Wakad is exactly located in Pune, you can understand the reason clearly. For people planning to buy properties in Wakad and create their own homes in Wakad, it helps that Wakad has a number of good education institutes, schools, colleges, shopping facilities, healthcare facilities, hospitals, etc. This particular factor has also made commercial real estate investments in Wakad very popular too. The fact that Undri Pisoli has well developed civic facilities, good infrastructure, great connectivity and access to other key locations in Pune has definitely helped the growth of real estate in Undri. Conclusively, an investment propensity of a buyer is driven by infrastructure expansion, commercial growth and competitive capital values, which affirm higher returns in future. Balewadi is a north-western suburb of Pune located in the outskirts of the city. Hinjewadi (Hinjawadi)Hinjewadi real estate rides largely on the fact that Hinjewadi is one of the global hotspots for the IT industry today. Viewers are advised not to rely upon the contents hereof. A few of the malls and shopping centres in Hinjewadi include:1. The locality is host to commercial offices and IT parks such as ICC Trade Tower, Nanospace IT Park and RMZ Westend. However, because of a lower sales velocity in 2020 as compared to 2019, the average inventory overhang has increased to 47 months as of December 2020, as compared to … Please note that this extension for a particular area may not actually be an extension for that area. The reason for Baner is considered to be the most popular residential micro-market of Pune, which is why it has transformed into a real-estate hotspot. Wakad real estate has surely benefitted from the strong infrastructure that is currently in place in Wakad. Being on the western side of Pune, Wakad has prospered due to its smooth connectivity to almost all vital locations within Pune city and also to the National Highways that help reach Mumbai. Wakad is a busy location in Pune today. With improved connectivity and infrastructure in Hinjewadi the amount of new projects in Hinjewadi has soared and the overall impact on Hinjewadi property market has been extraordinary. Our home loan interest rates start at 9.25%. As discussed the entire real estate landscape of Kharadi is peppered with some of the biggest corporate entities and well respected companies in various business sectors occupying space in prime commercial real estate in Kharadi in commercial buildings like World Trade Centre, IT SEZs like EON IT Park, sophisticated IT hubs like Kharadi IT Park, special dedicated IT zones like Magarpatta Cybercity and Cerebrum IT Park. Apartments in Undri have a very strong demand due to the strong working population nearby. Population (mid-2018 est): 120,000 – 125,000. Both areas have witnessed a steady increase in the number of customer enquiries as developers come up with affordable as well as upper mid and high segment projects, coupled with enticing offers to lure customers. Therefore you can find some of the best ITES players, hospitality brands, retail giants and quality education institutes today in Kharadi. Well Care Clinic at Sanskruti Arcade, Chatrapati Chowk Rd, Kaspate Wasti. Pune, often referred to as the sister city of... Kharadi. The Poconos in Pennsylvania are a popular drive-to destination . https://www.proptiger.com/guide/post/top-5-localities-for-investment-in-pune Kohinoor Group is a top real estate developer in Pune for residential & commercial projects. The Hinjewadi SEZ brought to life in 2001 by the Maharashtra Industrial Development Corporation (MIDC) in the form of Rajiv Gandhi Infotech Park set a precedent for things to come in this location. This has been a strong reason that buyers have been attracted towards Wakad property options. Quick service restaurant. Currently this transport line from and to Hinjewadi is challenged due to massive traffic and post the implementation of these plans the traffic flow will be much faster and easier. #11. Properties in Kharadi will get a further boost once the new and under construction Pune metro services commences its operations because then reaching Kothrud from Kharadi would also be relatively easier. Home buyers buying flats in Wakad or booking in new projects in Wakad have easy access to the fantastic social infrastructure that Aundh and Baner offer. Each of these rapidly developing localities have something unique to offer. Of course like any successful real estate location, Undri is definitely a winner when it comes to its super location. Discover the trends and reports that shape the dynamic Indian real estate industry. 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