Baner is the Ideal Realty Investment Destination in West Pune

With the eruption of multifaceted industries in Pune, the realty demand is soaring in order to accommodate the workforce for it. The vicinity of workplaces is the most preferred residential area for the mass. Baner is one of the most resourceful locales that grace the western periphery of Pune metropolis, with its apt existence.  The locality is close to the technological hub of Hinjewadi and superbly placed in vicinity to the upscale Pune Bangalore Highway (NH-8), Mumbai Pune Expressway and Mumbai- Pune Bypass road.

The employment opportunity in the city has invited the census migration and the locale like Baner enjoys the cosmopolitan prominence due to the adjacency of Hinjewadi IT Park. Baner has experienced massive upgradation in past few years and in recent time is considered as one of the swanky localities of Pune. The luxurious residential asset offered by the locale is stacked with opulence. All the properties are coupled with sorted facilities that amaze the investors, with a prodigious feel.

The upscale urban amenities boasted at Baner is ideal for an ultra modern lifestyle enjoyed by the inhabitants. Invariably, the property rate of this area has reached its summit. Several home buyers, irrespective of their profession are looking forward to invest in a dream property of the locale, with a futuristic view. The strategic locale is invariably the best deal and set to award a profitable return. The inhabitants of Baner relishes overwhelming conveniences to almost everything, that is most required for a stress-free daily life.

The prestigious educational institutes, premium multispecialty hospitals, superlative shopping arcades are the opulent resources, for the most sought after contemporary lifestyle by the locality. Loyola school, Vidya Valley School, The Orchid School etc are some of the prestigious establishments. The iconic Balewadi stadium is one landmark efficacy adjacent to Baner. Further, the ornate adjoining locales like, Aundh, Wakad, Pimple Saudagar, Pimple Nilakh, Balewadi etc adores the locale with optimum convenience.

Thus, the advantageous location attracts elite builders to structure their ultra modern residential projects. The contemporary style homes allure the cosmopolitan mass from Hinjewadi to invest as residing close to the workplace has always been one of the important criteria of property investment. Moreover, the region can be seamlessly connected to any and every part of the city. The Baner Pashan Link Road and Baner Aundh Road are the most important corridors that link the area to the other parts of the city and harbor the plush resources of the locale.

The infrastructural prominence of the locale is due to the vicinage of the superlative corridors namely Pune Bangalore Highway (NH-8), Mumbai Pune Expressway and Old Mumbai- Pune Highway etc. As per the experts, Baner is yet to receive its peaked property rates. That leaves the prospect investors with an exclamation about the unimaginable appreciation this locale is about to rejoice. In present day, the property at Baner is a ritzy affair that many people dream of, though achieving it is an arduous task it seems.

Baner is adorned with the residential varieties of apartments, villas, row houses and pent houses. The residential flats in Baner are the most desired variety. Almost all realty projects harbors residential apartments, both compact and expansive. The other variations remain the residential preference of the elite class. Baner properties are one of the most regal existences, with the unparallel advantages relished. However, property rates of the locale have been a set-back for many. The property owners of this resourceful locale relish the plush facilities that fill their livelihood with comfort. The flats in Baner relishes unparallel infrastructural benefit. In totality, the locale is the hub of luxury and sophistication that fetches more way more than is costs.

Buying property in Viman Nagar

Viman Nagar is considered to be a top destination for real estate investments in Pune and is home to a flourishing real estate sector.

When it comes to knowledge of property rates in Viman Nagar Pune, you should know that they have increased in recent times. Viman Nagar has developed rapidly over a period of around 14 years. Viman Nagar is located in Pune’s eastern corridor and derives its name from the air force station that is present in the area. The area derives its name from its proximity to the Lohegaon Airport and offers fabulous connectivity to several destinations through bus routes and an efficient road network. The Patil-Dhole Road offers easy connectivity to the locality and it remains isolated from the hustle and bustle of the city without being too far away from it. The demand for 1 BHK flats in Viman Nagar Pune has shot up due to easy access from both the airport and railway station.

The Pune railway station is located approximately 6 kilometres away from the locality while Viman Nagar lies only half a kilometer from the Pune Airport. There are several residential projects in Viman Nagar that have been developed on account of the growing boom in infrastructure. The area is located near Army camps and the Air Force and is considered one of the best commercial and residential localities. Property prices have steadily gone up in the locality on the back of sustained development. Property prices have gone beyond the Rs. 6, 000-8, 000 per sq ft mark though this varies from location to location and depends on several predominant factors and aspects.

As per Indiahomes real estate findings, Viman Nagar is a hotbed for development and the commercial sector is doing very well here. Demand is steady for quality office spaces. The area has developed due to the establishment and emergence of six IT Parks in addition to several office spaces, retail outlets, shopping malls and more such social amenities. The locality is well connected to several areas like Koregaon Park in addition to the airport. The locality is considered as the new commercial hub of Pune owing to the proliferation of retail outlets. The area is also home to several medical establishments including Jehangir Hospital and Ruby Hall.

The locality has developed rapidly owing to the presence of multiple IT Parks in addition to several commercial establishments including the Vascon Weikfield IT Park, Raheja Commerzone and Giga Space by Kolte Patil in addition to the Tech Park by Panchshil Realty. The hospitality and retail industries have also spread their wings in the locality. Nagar Road is located in close proximity to the locality while there are multiple hotels and shopping malls present here including the Inorbit Mall, Phoenix Market City, Estique, Hyatt and Ibis.

The locality is well connected to several places like Dhanori, Wagholi and Charoli. The area is regarded as a hub for several micro industries. Magarpatta and Kharadi are also well connected to the project. Going by the wave of development in Viman Nagar, one can safely say that the locality is on the cusp of even greater development to come in the near future.

Why Invest in 2BHK Flats in Hadapsar Pune?

Those investing in Pune seem to be looking towards the east. The areas here are well-established and provide investors with handsome rental income. Thanks to the investor interest in the area, the fringe villages bordering the areas have also benefitted. The average price of Pune property in the east is Rs 4000 to 6000 per sq ft. Such properties can fetch Rs 12000 to 22000 in a month as rental income.

Pune has more than two hundred IT and ITeS companies, of which, a major chunk is located towards East Pune. Developers have realised the wants of home buyers and are constructing projects around the office areas. Not only are end users benefitting from these constructions but also investors. Those looking for rental properties here consider the less expensive areas like Kharadi and Wagholi. These areas offer rental properties for up to Rs 25,000 in a month.

End users in the area continue to prefer neighbourhoods which are a little higher priced such as Hadapsar for the well-developed social amenities. It has been observed that mostly senior management professionals prefer staying in the more expensive areas.

If you want to buy flat in Pune, then Hadapsar in the east would be a good option. There are several reasons for such observation of preferences among home buyers and rent seekers.

·         Non IT and IT professionals prefer flats in Hadapsar Pune because it is near Kalyani Nagar, Koregaon Park and Magarpatta IT City. Compared to the latter areas, Hadapsar is more affordable and commute time to these business districts is lesser.

·         Hadapsar is located along the Solapur Pune Highway and is near the older Central Business Districts. Magarpatta is located 5 kilometres from new projects in Hadapsar Pune while the MG Road is 6 to 7 kilometres from here. The area is well-connected to Solapur and Nagar Road.

·         PMPML buses connect the area to different parts of the city. AC bus services can be availed along the Hadapsar Katraj BRT Route. Numerous state transport department operated buses ply from and to the area.

·         The area’s social infrastructure is well-developed as it has several hospitals, malls, schools and convenience stores to make the lives of residents comfortable and easy.

·         The rental rate for 1BHK flats in Hadapsar is Rs 5000 to 20000 per month and their sizes vary from 500 to 1000 sq ft. For 2BHK flats in Hadapsar Pune, the monthly rent payable is between Rs 6000 and 30,000 and their sizes range from 700 to 1400 sq ft. Builder floor apartments that are of the same configuration and measure between 500 and 1200 sq ft is Rs 5000 to 17,000 in a month.

Therefore, not only do end users but also investors stand to gain from parking their money in Hadapsar. Indiahomes real estate has several listings of properties that are coming up here. Most of them are developed by reputed builders of Pune and other cities. They offer all amenities required for a comfortable home life.