Top 10 Areas For Buying a 1/2/3 BHK Apartment in Pune

15 December 2017

Pune, ranked as the seventh most populous city in the country has come a long way. It is the second largest city in the state of Maharashtra. Pune has over the last few years gained the reputation of being one of the most sought-after locations to settle at after retirement. Of course, leaving aside retirement, this city is desirable for one to settle down. There are various factors that add to the charm of Pune. Unlike most places in Maharashtra, Pune boasts of a pleasant climate all year round. Although every year, the population density here is growing, it’s a much more peaceful city than others in India. Its proximity to the bustling city of dreams, Mumbai, is an added factor. Pune is also considerably neater and safer.

Pune also has a rich heritage. It was the centre of power, serving the Maratha Empire during Shivaji’s reign. The city has also served as the seat of the Peshwas in the past. All this history adds to the cultural value of Pune. If that wasn’t enough, Pune is also rightly termed as the “Oxford of East” due to the presence of many renowned educational institutions. For all these reasons, it is an excellent candidate for buying an apartment in Pune and settling down. Just like anywhere else however, Pune is no stranger to the rise and fall in real estate prices. Thus, a proper research before jumping into buying a flat is a must. Here are a few areas that will be appealing to the buyer.

Baner

Baner has seen the most of the real estate growth in Pune. Situated off the Khatraj-Dehu road bypass, it lies amidst the road that connects to the Mumbai-Pune expressway. Baner serves as both a residential as well as a commercial hub of Pune. It houses a large number of IT companies. This area was once on the outskirts of Pune. Baner has a rich culture and is sprawling of temples. One of the famous temples of Pune, Bhairavnath temple hosts a grand Navratri, a celebrated festival among the Maharashtrians. The Baner hill is the second highest point in the city. It isolates Baner from Pashan.  Baner hosts some of the well-known restaurants, pubs and cafes. Some of the famous names are The K Factory, The Flying Duck and Minus 18 Degrees. Slowly and steadily, Baner is also seeing shopping malls and multiplexes coming up. The development has not affected the real estate rates much with a hike from Rs 7000/sq ft in 2015 to Rs 7,155/sq ft.

Check out  Rohan Leher 2 at Baner, Pune. 

Lohegaon-Wagholi Road

The road that connects the developing areas Lohegaon and Wagholi is no less a hot spot for buying a flat. This route also links to the Ahmadnagar highway. Lohegaon is known for its Pune airport. One of the major attraction on this road is the Sai Satyam Park. Its proximity to Adarsh Nagar, Ubale Nagar is a perk. Travelling to this area from the city is also effortless. Both trains and local buses are available. It is home to many temples such as Gurudatta Mandir, Mahadev Mandir and Ganesh Mandir. Various multiplexes such as PVR and Storm have also come up. It also has no shortage of malls, educational institutes, ATM and hotels. Property rates here are meagre starting from around Rs 1271/sq ft.

Check out Rohan Abhilasha, at Lohegaon-Wagholi Road, Pune.

Viman Nagar

Viman Nagar is located half a kilometre away from the Pune airport. It lies on the Mumbai-Ahmedabad highway and is only eight km away from the railway station. A handful of high-end hotels such as Hyatt, Novotel, Four Points by Sheraton and Ibis is in this area. The Air Force School is also located here. Some of the significant Landmarks around this area are Phoenix Market City, Aga Khan Palace, Fly India Paramotor club, and Udaan Biodiversity Park. The rates here are quite high though, an average of Rs 17,000/sq ft.

Check out Rohan Mithila, at Viman Nagar, Pune. 

Sinhgad

Sinhgad, also known as Sinhagad is a hill fortress that is situated about 25kms away from the city. Sinhgad road is sprawling with restaurants and clubs. Convenience shop, a mall, ATMs, hospitals are also in proximity. The rates here are currently Rs 6,100/sq ft and expected to rise.

Check out Rohan Kritika, at Singhad Road, Pune. 

Bavdhan

Bavdhan has become one of the favourite residential locations around Pune. This region is located on the NDA road which makes it easily accessible from both Mumbai and Pune. The most popular landmark here is the Hinjewadi IT Park, only a 20 minutes’ drive away. While a large number of projects are sprouting here, the natural beauty is ideal for a residential area. Infrastructure, transportation, amenities and cleanliness are all on point. The average property rate here is Rs 6,581/sq ft.

Check out Rohan Ishan, at Bavdhan, Pune.

Undri

Undri has become the magnet for high-end projects. One of the advantages of this region is its fantastic connectivity through both city roads and interstate highways. While Undri has developed much beyond our imagination over the past years, it is still in touch with its natural beauty. Very soon, this town will include the Pune Municipal Limits. Some of the educational institutes in and around Undri include Euro School, Crayon, Caelum High School and Kidzee. This area also accommodates many shopping malls and convenience stores such as Geeta Complex, Bhavana Super Market, RSS and Undri City Center. The average property rate here is Rs 4749/sq ft.

Check out all ongoing projects of Rohan Builders in Pune.

Kharadi

Kharadi lies to the east of Pune, situated along the banks of the Mula-Mutha River. It lies on the bypass road connecting Pune-Solapur national highway to the Mumbai-Ahmednagar state highway. There are ample government buses available in this area. IT Parks such as EON, WTC and Zensar are the primary landmarks of this region. Kharadi is undergoing an explosive development with around 20 educational institutes around which include Euro kids, Kidzee, Cambridge and Silver Bell Tree School.  It also houses approximately 20 shopping complexes and grocery stores such as Parmar Square, Fortune Plaza, Brand Station and Reliance Digital. There is no shortage of hospitals or clinics here either. The property rate here is at an average of Rs 6,458/sq ft.

Check out all ongoing projects of Rohan Builders in Pune.

Hinjewadi

Hinjewadi or Hinjawadi is popularly known for its Rajiv Gandhi Infotech Park, a 2800 acre IT Park.  While Hinjewadi is well connected, traffic has become an issue here during the peak hours. Metro line between Hinjewadi and Shivajinagar is proposed aiming at solving this problem. This location is exceptionally safe due to the CCTV Cameras installed all around. Some of the schools here are Euro kids, Pumpkin Patch and Indira School of Career Studies. Few of the supermarkets in this region are Prakash trader, Papa Zapata and Ecom express. The property rate here is currently at Rs 5,686/sq ft.

Check out all ongoing projects of Rohan Builders in Pune.

Keshav Nagar

Keshav Nagar, located in the bustling centre of east Pune is an excellent locality. It has convenient connectivity to the significant IT parks. Its proximity to the Koregaon Park adds to its value. This area is exceptionally tidy and is close to all high-end shopping malls such as Phoenix Market City and Amanora Mall. Keshav Nagar also has some of the top schools and hospitals. Everything one needs is within a short drive reach. The property rate here is around Rs 5,659/sq ft.

Check out all ongoing projects of Rohan Builders in Pune.

Sus Road

The Sus Road runs from Sus village to Pasham. This area connects to all major regions in and around Pune. It connects to the Mumbai-Ahmednagar and the Pimpri-Chinchwad expressways too. Sus road was included in the Pune Municipal Limits in the 1990s. Today, this area accommodates over 20 educational institutes, more than 15 convenience stores and about 16 hospitals. The property rate here is currently around Rs 6,969/sq ft.

Check out all ongoing projects of Rohan Builders in Pune.

Pune is a developing city that binds its heritage and the modern lifestyle. The well- planned infrastructure, the soothing climate and the low pollution levels make this city the perfect spot for buying an apartment in pune and settling down.