Demand has skyrocketed for 3 BHK flats in Pune and apartments of other configurations. There are several mid range projects in Pune South and other areas of the city which are finding favor with investors looking at future returns and the sheer prospects of Pune as a residential real estate market. Wagholi is a major property hotspot in the city and is located on the eastern periphery of the city. It is one of the most important residential locations in Pune and is located strategically along the important Nagar Road. Proximity to IT and commercial zones in Hadapsar, Kharadi and Bund Garden is a major factor behind the popularity of Wagholi as an investment destination. It is also well connected to the Pune Airport and Magarpatta City in addition to the Shikrapur-Chakan industrial hub. Wagholi has well developed civic infrastructure and social infrastructure is also being developed rapidly here. The Ring Road, a four lane flyover connecting it to Shikrapur and several other bridges and roads are key drivers for property market growth in this locality.
Charoli is another good destination if you are looking for 1, 2 or 3 BHK flats in Pune to invest in. Though there are several other mid range projects in Pune South that you can look at, this area offers something for every investor too. The locality is witnessing huge demand from IT professionals and other mid income families. Property prices are quite low here and the strategic location near the Lohegaon Airport also helps. Charoli is well connected to the railway station and the IT hub at Kalyani Nagar. The Ring Road is a major connectivity development and other proposed infrastructural developments have catapulted Charoli into the big league in terms of overall viability as a residential destination.
Pimple Nilakh is another area which is witnessing huge demand from end users and investors alike. It falls under the Pimpri Chinchwad Municipal Corporation and is located in close proximity to the Hinjewadi IT Park. Easy access to the Mumbai-Pune Expressway and established localities like Aundh and Baner are other factors working in favor of Pimple Nilakh. Pimple Nilakh has overcome connectivity issues witnessed in the past and organized social infrastructure is rapidly coming up here and this is also contributing towards heightened demand for homes in this locality. There are several 2 and 3 BHK flats in Pune that you can invest in here which can give competition to other major mid range projects in Pune South. Civic infrastructure is also being rapidly developed in the locality.
Pimple Saudagar is another area which is witnessing increased demand from property buyers and investors alike. It has benefited from the saturation of the residential property market in Aundh. Several big ticket projects are being developed in this area and it offers healthy annual appreciation along with reasonably competitive property rates. Rahatani is another affordable housing hub which is near the Mumbai-Pune Expressway and the western manufacturing hub. This area is also witnessing huge home buying demand from IT professionals and professionals working in the city’s industrial sector. Civic infrastructure is good in both Pimple Saudagar and Rahatani while there are several malls coming up near this belt.
One of the hottest projects to invest in Pune at present is Sukhwani Bliss which offers premium 2BHK apartments that are priced between INR 53.95-58.01 lakhs as on October 2016. This project is located at Pimple Nilakh and lies in close proximity to the Wakad Road, Kalewadi Main Road and the Gopal Hari Deshmukh Marg. Key attractions include power backup facilities, 24 hour security services and more amenities. The Hinjewadi flyover lies just 7 minutes away from the project which is a major connectivity boon for residents.