RGS Realty


Top Five Localities to Invest in West Pune

Top Five Localities to Invest in West Pune

Pune was declared  the most livable city in the Ease of Living Index survey conducted by the Ministry of Housing and Urban Affairs (MoHUA) in 2018. The city has considerably grown as a cosmo city over the years. Be it the pleasant weather, the booming IT sector or the unending educational prospects, the city has been flourishing well. Pune has also witnessed a boost in the real estate market as well. This has drawn many to invest in properties in Pune. As the city is rapidly expanding with real estate projects catering to all demographics, some locations have become the perfect hub for investing in properties.

Here are the top five localities to invest in Pune

  1. Wakad

Wakad is on the outskirts of Pune, yet it is a prime location for residential and commercial spaces. Over the years, it has become a sought after location for real estate investment. The demand for residential properties has surged due to its optimal connectivity to Hinjawadi IT hub, Talegoan and Chakan. Leveraging this increasing demand, various real estate developers have launched numerous [6] projects for the IT professionals, people seeking multiple investment options, first home buyers etc. One of the major factors that draw people to invest in Wakad, is the lucrative returns on property. The upcoming metro line will further improve infrastructure and connectivity to other parts of the city. Additionally, the proximity of amenities like shopping centers, hospitals and schools adds to its geographical advantage.

  1. Hinjawadi

Hinjawadi is known to house various renowned IT companies like Infosys, Wipro, Tata Consultancy Services. One of India’s largest IT parks, Rajiv Gandhi Infotech Park is located in Hinjawadi. Thus creating umpteen employment opportunities to people all over the country. It has also certainly become one of the emerging areas in Pune in terms of real estate. This area has become one of the most viable residential and commercial property options for people. Many reputed developers have launched good projects in Hinjawadi, leading to an increase in the number of people opting to invest there. Hinjawadi is close to the Pune-Mumbai Expressway that makes it an advantageous location. It is also well-connected to the Lohegaon Airport, Pune Railway Station. There are a plethora of residential and commercial property options for people that will give promising financial returns.

  1. Pimple Saudagar

This area has tremendous growth opportunities in terms of real estate investment. It is connected via Mumbai-Pune Expressway via Dehu-road & Katraj Bypass, The Pimpri Railway station and Pune Airport are also easily reachable. There is also easy access to prominent locations like Pune University, Balewadi, Hinjawadi, Aundh and Baner. The PMPL buses ply regularly from Pimple Saudagar to other parts of the city mitigating commute issues for residents, visitors and employees. There are numerous premium commercial spaces exponentially growing in this area. This area is relatively pollution-free, calm than other bustling regions of Pune, with residential properties with greenery around. The high returns on investment make this a perfect place to invest.

  1. Bavdhan

Bavdhan is surrounded by serene hills, a good place for nature lovers. It also has seamless connectivity to State Highway 60 providing easy access to various parts of the city. It is the perfect blend of hustle  & bustle and quiet. Residential projects that overlook the beauty of nature make it a desirable place to live. It is well connected to Pune-Bangalore Highway and just an hour away from Lonavala. Bavdhan is advantageous due its connectivity  to other parts of Pune like Balewadi, Baner, Aundh . It has several real estate projects with the best of nature and luxurious amenities. As it is developing gradually, people are inclined to invest in Bavdhan for better future prospects.

  1. Mahalunge 

Situated in Western Pune, Mahalunge is a developing area offering affordable living options to Punekars. It is a major hotspot for real estate investment with its proximity to Mumbai and other prominent locations at the outskirts. There are various residential projects cropping up in this area for both homebuyers as well as tenants who work in nearby IT hubs at Hinjewadi, Wakad, Baner, Balewadi. An added advantage is the easy access to cabs, buses, rickshaws that connect to the other parts of the city via Mahalunge-Balewadi Road and Mahalunge-Nande Road. This region has witnessed a surge in the property values of  residential projects in the last three years

Be it buying the home of your dreams or purchasing a commercial space for a flourishing venture, these are some of the promising localities to invest in real estate in West Pune.

At RGS Realty,elevating your living experience is our eternal promise. We have created a legacy of excellence through our exceptional commercial  and residential builds. With an ethos of Build Good, here your dream spaces stand tall on the foundation of goodness. To know more about us and our projects, visit https://www.rgsrealty.com/