5 Upcoming neighbourhoods you should consider investing in now

As a city starts developing, the property rates in central and prime locations face a hike. Eventually, they reach a point where there is much less headroom for appreciation, making them an unsuitable choice for investment. 

However, the increasing circumference of the city brings in a new fleet of developing neighbourhoods that open up great investment opportunities. Such emerging micro-markets promise rapid development in the coming future. 

Here’s are 5 of Pune’s fastest-developing and appreciating real estate markets: 

1. Hinjawadi –

Hinjawadi as a micro-market doesn’t need a special introduction anymore. It is the largest IT hub that houses many reputed IT companies including TCS, Infosys, KPIT. As working professionals prefer a home close to their workplace, this neighbourhood assures great rental income and the developing infrastructure assures great returns on your investment. 

2. Sus Road –

Talk about connectivity at its best and you have to mention Sus road. It’s not an exaggeration – Sus Road provides excellent connectivity to Pashan, Bavdhan, Kothrud, Mumbai-Pune Expressway, University Circle, Baner, Aundh PCMC, Hinjawadi and many more prime areas. Which means great scope for development and access to social infrastructure. It connects you to the city easily but keeps you away from the chaos. Wouldn’t you love to invest in such a great location which gives you so many advantages? 

3. Ravet –

Ravet is an emerging residential suburb located near PCMC. It offers great affordable projects that are a great choice for a wise investment. It offers good connectivity to Hinjawadi IT hub and PCMC’s industrial belt as well as Mumbai Pune Highway. It has the primary infrastructure in place, which provides all the daily conveniences and transport facilities.

4. Wakad –

Wakad is located in Pimpri-Chinchwad and is one of the fastest growing suburbs. This area has witnessed great infrastructural development over the last few years. It has already become one of the most sought after localities which indicates a significant rate hike in near future. 

5. Moshi –

Moshi is a suburb of PCMC which has a strategic location that connects you to the Bhosari and Chakan industrial belt. Situated on the intersection of Pune-Nashik road and Dehu-Alandi road, it is one of the hotspots for long term investment. While the current price rates fall under the affordable category, a hike is expected due to the upcoming Chakan Airport and the proposed Pune International Exhibition and Convention Centre (PIECC)

All 5 of these areas are extremely promising and make for a good choice for investors. One Pune’s most reputed developers, Kohinoor Group, offers great residential projects in the areas mentioned above. You can check them out at - Ongoing residential projects in pune by Kohinoor Group