5 Best Places to Invest in Pune and Get the Best Return

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hardik, August 20, 2019

5 Best Places to Invest in Pune and Get the Best Return

Pune is a city where nature blends seamlessly with new-age infrastructure. It is also a place that has preserved its traditions while adapting to modern ways of living. Being an education hub and a corporate center, Pune attracts people of all ages and walks of life. Magnificent properties like Kolte Patil Life Republic and Rohan Abhilasha are further reasons why buying a property in the city can prove to be profitable.

Pune promises a quality of life that most cities may take years to reach. In this scenario, the prices are estimated to only increase in the future. Whether you are searching for a house for sale in Pune or villas in Pune, you must know about the most sought-after localities.

Here are 5 best places to invest in Pune:

Hinjewadi

What was once considered the outskirt has become a hotspot today. Hinjewadi has grown to become a prime commercial centre of Pune. The 2800-acre Rajiv Gandhi Infotech Park houses hundreds of offices and employs lakhs of employees. The area has four phases, of which, three are developed, and the fourth one is under construction. It is well-connected with the rest of the city, and the upcoming Metro route is likely to simplify the commute.

As a real-estate investor, you can choose from 160 projects in the area. These projects offer 1 BHK to 4 BHK in the price range of Rs 30-90 Lakhs. You may also like to check out Kolte Patil Life Republic in the area if you are looking for a house for sale in Pune.

Additional Read: Best Locations in Pune to Buy 1 BHK Flat

Kharadi

This eastern suburb of Pune has developed into a massive commercial center in recent years. The area has an EON zone that includes several IT and ITeS companies and more than 200 projects in the area. It is closer to both the railway station and the airport, and the area is well connected to other parts of the city. Reputed schools, shopping malls and hospitals make it a self-sufficient area to live in. Due to the high demand for residential houses in the area, an investment today may give you good returns in the years to come. You can find flats in Kharadi ranging from Rs. 33 Lakhs to Rs. 5 crores.

Wagholi

This is a fast-developing area of Pune. Situated in the north-eastern part of the city, it is close to major IT hubs. Due to this, there is a huge demand for affordable rental housing in the Wagholi. It is close to both Hadapsar and Magarpatta and is also near the Pune-Ahmednagar highway. The area has several schools, colleges and entertainment centers in near proximity. If you are keen to invest in the area, you may get as many as 370 projects to choose from. Considering residential real estate areas ranging between Rs. 25 – 60 Lakhs, Rohan Abhilasha is an impressive project to consider.

Additional Read: Why Invest at Rohan Abhilasha in Pune?

Wakad

Once considered a village, Wakad has developed immensely in recent years. Hinjewadi’s commercial hub is just a stone’s throw away from here. Secondly, it is close to the Pune-Mumbai Highway which is a bonus. The location is replete with solid infrastructure, educational institutes and shopping malls. Wakad is well-connected to other parts of the city by road. The upcoming Metro project will further strengthen this connectivity. There are about 400 projects in the area which indicate the high demand for housing in this locality. You may find flats in the range of Rs. 32 Lakhs – Rs. 1.4 crores.

Hadapsar

This area enjoys the dual advantage of being close to IT hubs as well as the industrial area. It is close to Magarpatta and SP Infocity, and is a dream for working professionals. It is a good place for families as it is away from the hustle-bustle of the city. It is developing fast, and you won’t have to go far for good schools and colleges. It is well connected to Kalyani Nagar, Koregaon Park and Magarpatta. The projects in the area range from Rs 33 Lakhs – 4.8 crores. Hadsapur makes for a good choice to invest in a house for sale with good returns in the future.

Conclusion

Pune is an excellent city for buying a house and settling down. To make the transaction easier on your pockets, you can avail home loan and reduce your financial burden. Bajaj Housing Finance Limited is a reliable partner that offers home loans up to Rs 3.5 Crores.