The Four Corners of New Projects in Pune

When you think about investing in property the first thing that comes to your mind is "Location". Pune is the most preferred investment destination according to the Indian real estate market.

Buying a house whether for living or for investment, will be one of your biggest purchases of your life so every step should be taken with extreme precision. According to a survey conducted and due to several big development projects like metro rail project and proposed international airport plan on the run, Pune in the coming years will see a tremendous boost in the real estate market.

This sorts out the confusion whether the property market in Pune is booming or not. But which is the right location to buy a Home in Pune?

If someone is searching for a property to live, the main city areas are completely saturated. It is extremely difficult to purchase a flat in areas like Swargate or Deccan, while finding one that fits your choice and budget is more likely in areas like Koregaon Park and Model Colony. However, if buying property is as an investment, the suburbs have a higher chances of property rate appreciation within the next two or three years. The information technology sector has proved to have a very high influence in New Projects in Pune.

In Pune, there are 4 such localities which are the rulers of limelight of the market in this phase. One of the top localities is Kalyani Nagar. It is the most prominent and well established localities on the Eastern Corridor of Pune. It’s basically the center to most of the prominent localities like Koregaon Park, Viman Nagar, Kharadi, Hadapsar and also it lies in the close proximity to railway station and the airport.

The next most desirable location in Pune is Sopan Baug. It has maintained its position in both the residential and commercial markets for quite a long time now. After the start of EON IT park Kharadhi was the first to get benefited from it. Sopan Baug enjoys a location which has demand from central Pune as well as localities near Kharadhi.

The next in line is NIBM. It emerged as the prices in Central Pune were on a new high. This is when NIBM provided investors an affordable option without compromising on the overall connectivity. NIBM is closely located to Pune Airport and IT hub at Kharadi and also Central Pune.

Hinjewadi located in the Western periphery of the city, has evolved into one of the city’s most important suburbs. According to its location, it provides a good access to existing and upcoming establishments in Baner, Aundh and Pimple Saudagar. Its proximity to Pune-Mumbai Expressway and Western IT hubs increases its demand.

Seeing the rise in demand in the real estate market in Pune, many trusted builders have invested heavily in Residential Projects in Pune. With a legacy of over four decades, SRS Group is a trusted name if you are looking for new projects in Pune or flats in Pune.

Pratik Gaikwad Content writing