The real estate sector in Pune has been growing tremendously since last few years. Increasing influx of people from all over the country coupled with growing construction of real estate projects in the city has provided excellent opportunities for property investors. For example, VTP Blue Waters located at Mahalunge offers luxurious flats and villas in Pune, with all modern amenities at affordable prices starting Rs. 32 lakhs.
Listed below are some of the best locations in Pune where you can invest in real estate to generate high returns in the future:
Kharadi
Kharadi is a popular location among the real estate investors in Pune as it has well-developed physical infrastructure and offers excellent connectivity to various parts of the city. Soon, it’s expected to become one of the real estate hotspots of the city as there are regular infrastructure upgrades and growth of many commercial projects.
Investing in residential or commercial properties in these areas of Pune can help you generate high yields over time. In case you’re worrying about the capital required for the investment, there are many home loan providers in Pune that can help you out.
Wagholi
Wagholi is a developing suburb located near the Pune-Nagar Highway. It’s regarded as one of the best residential areas of the city with smooth connectivity to Solapur Highway and Pune Airport. Within the last five years, various malls, shopping centres, hotels and multiplexes have also been constructed near Wagholi.
All these factors combined with the social infrastructure development, proximity to IT hubs, and affordable housing market makes this area one of the best locations for real estate investment in Pune.
Wakad
Wakad is located in the western part of the city and is tremendously growing in terms of real estate and infrastructure overhaul. According to Pimpri Chinchwad Municipal Corporation (PCMC), Wakad has received maximum number of building permissions in recent past, which is a testament to the rapid development taking place in this area.
The area also offers excellent connectivity and access to all reputed educational and corporate hubs of Pune. For intra-city travel, you can access various modes of transportation such as auto rickshaw, buses, shared and private cabs etc. Proximity to the Pune-Mumbai Expressway has provided a push to Wakad.
Baner
Located near the Katraj-Dehu Bypass Road, Baner provides seamless road connectivity through Pune-Mumbai Expressway and the developed road infrastructure, which makes inter and intra-city commute a breeze. It also has a wide range of schools, hospitals and entertainment centres.
Over the next few quarters, Baner is expected to become a vibrant real estate market as it is backed up by several infra projects and affordable residential complexes. If you’re looking for row houses in Pune, the VTP Blue Waters at Baner can be a good choice as it offers many amenities for the residents along with excellent connectivity features.
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