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Real Estate In Pune: Top Localities For Making A Buy

By Expert Author: Vinay Kumar

When it comes to real estate, Pune, a preeminent IT destination, stands out. Thanks to the staggering progress that has made in software sector that it has been able to charter a steady realty graph. At the time when inflation and economic recession have played havoc with buyers' sentiments, Pune has witnessed significant demand. In contrast to its twin city, Mumbai, it is a haven for budget buyers. It carries excellent infrastructural facilities and comprises of a number of high-growth nodes. Let;s have a look over some of them:

Vishrantwadi: One of the fastest growing suburbs, Vishrantwadi is a new market for seekers of Pune property for sale. It has been witnessing construction of residential complexes on a large scale. Well connected, the locality is not very far from Pune rail station.

Kharadi: Again a relatively new locality in terms of residential development, Kharadi is making full-fledged development. It derives its significance from the presence of EON Free Zone and an IT Park. Proximity to Koregaon Park is another prodding factor that has been responsible for demand of residential properties.

Viman Nagar: Located near Pune International Airport, Viman Nagar is plied with a number of plush residential complexes. Located at about 6 km from International Airport, Viman Nagar has got the strategic advantage. High demand for properties has resulted in appreciable price rise of properties. In the years to come, the locality is set to see extensive price rise.

Kalyani Nagar: When it comes to real estate in Pune, name of Kalyani Nagar pops up as a rapidly growing residential area. Continuously improving connectivity and presence of IT Parks are its biggest USPs.

Koregaon Park: A prime residential and commercial suburb, Koregaon Park is yet another residential locality that has progressed considerably in terms of real estate. Well-connected, it is situated close to Kalyani Nagar.

Magarpatta City: Sprawled over about 400 acres, Magarpatta City is one of the highly developed growth nodes of Pune. Several IT/ITeS companies and corporates have launched heir set-ups here. It is a promenade residential area that has got the strategics advantage of being close Kharadi and Koregaon. Residential construction here comprises mainly of apartments, row houses, and bungalows.

Wakad: Being in proximity to Hinjewadi's Biotech and Infotech Parks, Wakad's demand market has remained on the higher side. It is Pune's rapidly growing suburban area; at present, it is witnessing a deluge of residential constructions. The ongoing BRT constructions are going to ameliorate its connectivity to the rest of Pune.

Makaan.com is a new-age india property websites that features old and new projects for real estate in Pune. Look for Pune property for sale across variable price brackets and area of construction.

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