Annexe can be a tricky affair while investing in Pune property. Pune has become popularly known as the Oxford of the East, because it has developed into a hub for learning. Quick service restaurant. Population (mid-2018 est): 120,000 – 125,000. With a steady real estate market and continuous price appreciation, the future of Pune real estate looks promising and welcoming. With several new projects in Wakad being launched by property developers including Kolte Patil Western Avenue by Kolte Patil developers, Paranjape Broadway at Shankar Kalat Nagar by Paranjape schemes, Pride purple park Ivory at park street by Pride purple properties, Kalpataru Exquisite at Kaspate Wasti and many more. Global Highstreet in Phase 1, Hinjewadi Rajiv Gandhi Infotech Park3. Apart from being strategically located, Wakad real estate has also benefitted from the fact that Wakad lies in close proximity to some of Pune city’s biggest IT markets and industrial areas thereby providing a lot of employment and earning opportunities to all residents in Wakad. The locality is located on the banks of the Mula Mutha River, adding to the natural beauty of the area. In terms of connectivity, Undri has many good roads that make it easily accessible from various parts of Pune and elsewhere. The very nature of Hinjewadi’s set up means that it remains one of the biggest employment hubs in Pune city. running through Undri help it get connected easily to respective parts of Pune. Moshi. On the South side of Wakad, you have prime locations like Baner, Pashan and Balewadi. Please confirm your email address by clicking on the link in the email we have just sent you. Pune, often referred to as the sister city of... Kharadi. Visit the website for details. A few hospitals and health care centres in Undri include: Kalpataru Hospital, Opp Bishop's school, near Ganesh Mandir, Kad Nagar. Wisdom World School at Park Street, Aundh Chest Hospital Road, Near Kalewadi Chowk. The reason that there are many new property developments in Wakad for offer any time of the year is because the property developers in Wakad bank on its strong social fabric. If you … where you can find large companies and corporate houses like Veritas, Cummins, Siemens, Vyomlabs, Pubmatic, Xoriant, etc. Our home loan interest rates start at 9.25%. 4. The per square foot price for Kharadi real estate is still pocket friendly for most people. Also the main Pune Junction railway station is at distance of less than 10 kms from Undri. Hinjewadi Social infrastructureWith the footfalls of people increasing by the minute in Hinjewadi the social infrastructure of Hinjewadi has also improved in a big way. RoI (Return on Investment) Some of the biggest software behemoths including Satyam, Wipro, TCS, Infosys, etc. Outer Ring Road has emerged as the best upcoming investment market with large townships. The fact that Wakad is part of the Pune Metro Project means the connectivity of waked gets another boost. Undri real estate has grown rapidly and this location has become popular much faster than many other locations in Pune. Outskirts of Pune, like Wagholi, Ravet, Undri, Talegaon, and Wakad, are also good areas to reside in. 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. Some of the well-known colleges in Undri include: Rehmani Junior College Handewadi Road, Indira Nagar. Buying a home in Mumbai could be tricky, and the year 2020 holds a lot in store for investors and homebuyers alike. So, select the business wisely depending on your skill, expertise, and investment capacity. Compared to Baner or Pimple Saudagar, the flats in Wakad are cheaper and more affordable. There have been a lot of investments in the commercial real estate space in Hinjewadi and as major corporate bodies and companies have pumped in more money into Hinjewadi, it has developed beautifully. Wakad is also a major route to reach all the major IT giants inside Hinjewadi IT zone including companies like Tech Mahindra, Infosys, TCS, Dassault Systems and many others. Because it is easy to travel from Kharadi to Pune city, many new-age IT professionals as well as young office goers prefer to buy a home in Kharadi and work in Pune or vice versa. A home to large number of IT industries and renowned educational institutions, Pune is one of the most preferred residential destinations in India. With a lot of budget homes in Undri available in affordable housing projects in Undri like Mantra Essence Phase 1, Venkatesh Bliss in Bellagio, Florista County in Handewadi road and many more, there is good momentum there. 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. #11. Mulshi Millennium Hospital and ICU at Sai Shraddha Complex, Hinjawadi Village and many more.The presence of these good quality health care facilities and hospitals in Hinjewadi has ensured that the demand for housing in Hinjewadi has constantly increased. The locality offers a range of luxurious apartments, affordable flats and even various rental options. The good thing is that almost all under construction and ongoing housing projects in Wakad area are under the ambit of MahaRERA. The IT-ITes policy that was implemented by the Maharashtra government in the early part of 2000s has helped the growth of Hinjewadi tremendously. 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. With major commercial market places in the vicinity and such a huge number of skilled people working in and around Baner, residential and commercial properties on rent in Baner would always be in demand. 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. The development of Linear Garden in Wakad. Being located in the South of Pune, Undri is now a well-established residential and sough after real estate investment area in Pune. 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. Check best investing options for fixed income & apply now! 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. Historically, real estate in Baner has provided a good return on investments with prices hiking from Rs 5600/sq.ft. Pune: In Pune, Hinjewadi and Kharadi offer reasonably good affordability in proximity to the city's major Infotech corridors. This includes quality affordable flats in Baner that have good amenities and facilities for the modern lifestyle.Reasons to invest in Baner properties. New homes in Kharadi and multiple under construction projects in Kharadi sell very fast due to the strong social infrastructure that promotes good living for residents here. Another key area of Shivaji Nagar in prime Pune is also at a stone’s throw distance from Wakad. Select best place in Pune to describe your lifestyle in the best way. Additional Reading: Real Estate Investing 101. Also there are some major upcoming infrastructure development projects in Wakad like: Wakad is part of the proposed Pune-Mumbai hyperloop connectivity project. The Hinjewadi real estate market has also received a positive momentum due to the fact that there are a few major roads like The Hinjewadi Road and The Mumbai-Bengaluru Highway which make connectivity from and to Hinjewadi very smooth and robust.Also the excellent bus services available from Hinjewadi owing to the Hinjewadi Bus Stand and the Pimpri Bus Stand make travelling from various parts of Pune to Hinjewadi and vice versa very easy and simple.The Pimpri railway station which is a shade above 10 kms from Hinjewadi ensures that you can avail trains for any destination also increases the Hinjewadi connectivity quotient hugely.Hinjewadi will have futher improved connectivity by virtue of the Pune Metropolitan Regional Development Authority’s plans to connect Hinjewadi and Shivaji Nagar through 23 stations. A few hospitals and health care centres in Hinjewadi include:1. Commercia mall Wakad at Service Rd, Shankar Kalat Nagar. Almost all RERA Real Estate Projects in Wakad are experiencing a good response from potential buyers and real estate investors in Wakad. Going down it also joins with Aundh-Ravet BRTS. Mediplus Speciality Hospital Pvt. © 2017 Rever Magazine Theme. It is a fast-food restaurant which … These factors make Wakad a very well connected location and therefore the property market in Wakad, Pune has grown positively and consistently. Investors who have invested in Baner properties are enjoying a good return through steady rentals for their Baner homes, offices and shops. One of them is the making of an underground market called as Palika Bazar for residents in locations of Pimple Saudagar and Wakad. Also there are many buses available from the nearby Pimpri Bus Stand which can be used to reach multiple locations across Pune. 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. Some of the well-known colleges in Baner include: Vishveshwarya Group of Institution on  Baner - Balewadi Road, Ethics Institute of Management and Technology at Shriram Yashoda Tower, Baner Road, Aditya Horizon School & Jr. college on Pan Card Club Rd, Samarth Colony, Sanjay Ghodawat Institutes Global School Of Management on Baner - Aundh Road, Varsha Park Society, Pashan. Best Areas in Pune to Buy Flats or Invest in 2021. While Pune is rated as one of the best retail markets in terms of warehousing and supply chain, it faces stiff competition too. The demand for retail shops and commercial spaces on rent in Undri is also quite good and property investors in new projects in Undri keep this factor in mind while booking properties in Undri. Some popular IT spaces, such as Kharadi IT park, World Trade Centre and EON IT Park are located here. Xion Mall on Hinjewadi - Wakad Rd, Hinjawadi Village, West Icon at Kalewadi Main Rd, Maharashtra Colony, Pratham Reflections Society. Here is a gist of the reasons to invest in Hinjewadi properties: The presence and growth of IT and ITes Companies. 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. Since Hinjewadi real estate offers a plethora of property options that include mid segment projects, luxury homes as well as affordable housing projects – the number of people booking homes in Hinjewadi is increasing day by day. Therefore you can find some of the best ITES players, hospitality brands, retail giants and quality education institutes today in Kharadi. Sanskriti School in Undri NIBM Survey Number 12, 13, Link Road Undrigaon. Will Green Housing be the Future of Real Estate in India? Which are the best Places to Invest in Pune 2020? Copyright © 2019. The presence of these big companies has led to a massive increase in the employment and real-estate opportunities, and also the social infrastructure in the area. Wakad: Best Place to Invest in Pune 2019. The area offers a lot of employment opportunities and is well connected. You have smooth access to areas such as Pune-Ahmednagar Highway & Mundhwa Road. As a location in Pune that has a lot of history, Baner real estate is rewriting its popularity all over again. The locality is host to commercial offices and IT parks such as ICC Trade Tower, Nanospace IT Park and RMZ Westend. You can choose to use trains form the closest railway station at Hadapsar. the Maha Real Estate (Regulation and Development) Act, 2016 and the rules and regulations notified thereunder. Here’s the best places to buy a vacation rental home in 2020. Here are few of the best real estate projects for investment in Pune. A few popular IT parks located here are Rajiv Gandhi IT Park, Blueridge And Embassy Techzone. 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. Prop Mania, August 28, 2018 780 0. IndusChamps School at Dange Chowk-Hinjewadi Road, Near Bhumkar Chowk. Enter your First Name and Email Address below to subscribe to our newsletter. https://www.proptiger.com/guide/post/top-5-localities-for-investment-in-pune Best Areas to Invest in Property Near London. Fastest Growing Residential Areas in Pune for Investment. Share Tweet. Being one of the best-performing residential real estate markets in the country, many areas in Pune have exceeded the average price value appreciation. The rich social infrastructure of Wakad has also had a strong bearing on the growth of real estate in Wakad. It is therefore no surprise that with a giant footprint of commercial and business activities along with the presence of all ‘quality life’ ingredients, Kharadi real estate has been moving at a rapid pace in the past decade. Property Rates in Pune, Maharashtra, India There are obvious strong reasons to invest in Undri properties and also to buy in under construction projects in Undri. Wakad real estate looks to be very exciting in 2020 and beyond due to all the factors listed above. Will Green Homes be the New Smart Way towards Real Estate Investment in 2021? Moreover, the Pune International Airport is also just 10 minutes away, ensuring that the area is well-connected. Buy 1 BHK, 2 BHK or 3 BHK flats in Pune, we have personalized homes for you. Blue Ridge Public School near Phase 1, Hinjawadi, Near Lemon Tree Hotel 2. Visit our website to check your home loan eligibility and apply for a home loan today. Thus, this typical residential micro-market is one of the best bets for investors looking to invest in real estate in Pune. Bramha SKYONE, Ayesha colony, Atur Nagar. Hadapsar is another top locality for homebuyers, from an investment point of view. The gigantic SP Infocity and the Mega Centre are hardly 8 kms from Undri. Continue Reading ... Best area to Invest in Hyderabad 2019. These smart roads would be wider, walk friendly, well lit up by LED lights, well designed and modern. Krishna Market in Phase 3, Hinjewadi Rajiv Gandhi Infotech Park and many more.Good facilities, entertainment zones, eating places have definitely spiced up the Hinjewadi real estate market in a big way and the number of residential projects in Hinjewadi is obviously increased every day. Wagholi is a town located on the Pune-Nagar highway and is connected well to IT parks through Nagar road. The south areas of Wakad are surrounded by the beautiful Mula river. 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. Since Wakad is a part of PMRDA, the development of infrastructure in Wakad and other public facilities have happened swiftly & professionally. To be able to reap these benefits, visit Tata Capital and apply for home loans. Discover the trends and reports that shape the dynamic Indian real estate industry. 15, Rajiv Gandhi Infotech Park, MIDC, Hinjawadi Phase 1 Road and many more. to make everyday shopping less tedious and more fun. Mahindra International School at P-26, MIDC, Hinjawadi Phase 1 Road 4. RMZ Westend is not more than 20 kms from Undri. Moreover it barely takes 20 odd minutes to reach to the Pune international Airport from Kharadi. EuroSchool Wakad - ICSE School near Dutta Mandir, Adjacent to Palash Complex, Off Wakad – Thergaon Road. There are many social places where people from across Pune can get together with families and friends and Hinjewadi real estate has surely benefitted a lot from its rich social fabric. Kohinoor Group is a top real estate developer in Pune for residential & commercial projects. More importantly there is a still a lot of juice in the Wakad property market and property investments in Wakad in 2020 will increase as per Pune real estate market reports. Buying a house whether for living or for investment, will be one of your biggest purchases of your life … 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. Since Wakad as a location is physically part of the eastern end of the hyperloop, the impact on Wakad real estate is surely going to be positive. Some of the well-known colleges in Hinjewadi include: 1. One can get many buses from the Wakad Bus Stand to reach any corner of Pune city. 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. ... this post was submitted on 25 Sep 2020. Here is the list of the 26 best investment plans in India 2021. To decongest the traffic in Wakad, the development of the Hinjewadi Mahalunge Road is an initiative that is being pursued by the authorities. Connectivity is one of the major fortes that Kharadi boasts of as a prime location in Pune. A few of the malls and shopping centres in Baner include: Westend Mall close to Parihar Chowk, Harmony Society, Naresh super market on Baner - Mahalunge Road, The Pavillion on Senapati Bapat Road, next to JW Marriott hotel. Pune is one of the largest cities in India catering premium localities to get in the real estate. Let us now discuss in detail the individual locations in Pune that have made it to the best areas to invest in Pune list: Kharadi is definitely the next big thing in Pune real estate. Hinjewadi has some of the best schools, colleges, education institutes, hotels, restaurants in Pune city today. The overall aesthetics of Wakad as location would surely improve making it a more desirable location in Pune and the demand for apartments for rent in Wakad along with the demand for new projects in Wakad would surely increase. Sinhgad Law College on Kondhwa-Saswad Road, Kondhwa (Bk). Great public transport, good physical infrastructure and a lot of further infrastructure development plans in Hinjewadi make it a very good location in Pune for property investments indeed. Flats on rent in Baner are in demand due to the connectivity and the social infrastructure that Baner offers its residents. Moreover, Wakad’s close proximity to big IT companies such as IBM, Tech Mahindra and TCS has led to the settlement of most of their employees in this locality. 32, Near Bottoms Up Resto, Hinjewadi-Dange Chowk Road.2. 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. Wakad is a busy location in Pune today. This in turn ensures that real estate in Baner grows steadily and strongly.Baner connectivity in terms of location and transport make it an extremely popular real estate location in PuneWith multiple new projects in Baner being developed to cater to almost all price ranges including luxury as well as affordable, the real estate growth story of Baner looks brighter in 2020 and beyond. As mentioned in the Wakad connectivity section, Wakad is very well connected to major locations within and outside Pune. Apartments in Undri have a very strong demand due to the strong working population nearby. This has been a strong reason that buyers have been attracted towards Wakad property options. The locality is well connected to the Mumba-Pune expressway, making transportation convenient. There are more than 4 Lakh IT and other professionals working in Hinjewadi IT parks. As we go into the year 2020 & beyond and based on the statistics. Being on the east side of Pune city, Kharadi has also emerged as the preferred IT market of Pune city with some of the major IT and technology giants having a presence there. What will the area be like in the future? You may find that when you are checking out Pune properties for sale you may come across a tricky word “Annexe” or “Extension”. 1. All in all real estate investment in Undri properties and bookings of new flats in Undri in upcoming projects look very promising indeed. Smooth connectivity and further improving connections are additional factors influencing Kharadi real estate market. The west side of Wakad is of course the entire sprawling Hinjewadi IT zone. Orchids The International School, Apex Hills, Katraj-Hadapsar Bypass Road, Atur Nagar. The social fabric and public infrastructure in Kharadi make it an ideal location to live, work and play. Can We Get Tax Benefit on Personal Loan in 2021? getty. Interested in property investment hotspots in Pune? 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. This is another very strong reason to invest in Wakad properties, Pune. 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. You can sit on the riverbank and enjoy the panoramic views of the river. It houses the Shiv Chhatrapati Sports Complex popularly ... Wagholi. 15. At Tata Capital we try to help you with your housing finances by providing you with housing loans. Data System Research Foundations at Kharadi Knowledge Park, International Institute Of Culinary & Cruise Ship Management at Nyati Eureka, Magarpatta Rd, near Columbia Asia Hospital. Estaller Kharadi at Kharadi South Main Road, Rakshak Nagar, etc. Some of the best educational institutes, hospitals, shopping centers, retail hubs that are present in Kharadi make it a very friendly place to live in Pune city. Always choosing the right hairstyle is an necessary for improving your appearance. Why 2021 is the Best Time to Make a Real Estate Investment in Smart Cities? Thank you, for signing up to our newsletter !! 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. Another important fact is that there are major commercial centres within Wakad area including Pushpak and Solitaire Business Hub. What are the upcoming infrastructure developments in Wakad? Xion Mall at Hinjewadi - Wakad Rd, Hinjawadi Village2. One of the best places to invest in Pune is Wakad and there are many factors that make it worth investing in. It has become an attractive global town as people from different parts of the country as well as the world are coming here. 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. Restaurant. Also it is easy to reach Grant Road and Fountain Road from Kharadi. To start and run a manufacturing business require reasonable startup investment. Eating out at restaurants is an experience that most people in Pune cherish a lot. Pawar Public School at Megapolis, Rajiv Gandhi Infotech Park, Phase III (SEZ, MIDC Phase III Main Road 3. Therefore, investing in Wakad properties promises to be safe and profitable too. 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. Good everyday shopping less tedious and more fun, offices and IT parks through Nagar.! 9.25 % in Hyderabad 2019, Shankar Kalat Nagar to the connectivity and further improving connections are additional factors Kharadi! We aim to help you so that you can find large companies and houses... 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