Pune has fast transformed from being just a quiet town for its educational prowess to being a bustling residential and commercial destination. While a number of factors contribute to why discerning homebuyers and investors buy home in Pune, one reason emerges to be of the most significant importance - the emergence of the IT sector. The emergence of the IT sector has not only helped Pune grow by leaps and bounds, it has also resulted in an array of Pune’s suburbs transforming as well. In this blog, we will take a look at a few up-and-coming residential areas where you can find the best flats in Pune. In addition, we will also take a look at the residential developments by Kohinoor Group, Pune. Read on.
Before we take a close look at the up-and-coming residential areas in Pune, let us first understand why you must consider these locations if you are looking for flats in Pune.
Why Consider Up-and-Coming Residential Areas?
The up-and-coming locations offer you a unique combination of factors that make them appealing. These factors are -
- Comparatively less expensive: If you are looking for flats in Pune that are not too heavy on your pockets, you must consider these up-and-coming residential areas. Housing prices in these locations are comparatively more affordable, making them ideal for first-time buyers and those looking for more space and more value for money.
- Bright future prospects: As these areas develop, property values tend to increase. This assures you of great returns on your investment in the near future.
- Modern Amenities: Contemporary developments in the suburbs often offer state-of-the-art amenities that are crafted to meet the needs of your evolving lifestyle.
- Community and Lifestyle: Up-and-coming areas attract diverse groups of people from all over India. This offers you the priceless feeling of community living and the privilege to experience various cultures.
Now, let's explore some of the top up-and-coming residential areas where the best flats in Pune are.
1. Hinjewadi tops the list
Hinjewadi has become synonymous with Pune's IT boom. Touted as the thriving hub for IT firms and startups, this location has not only transformed Pune but has also consistently attracted skilled professionals from all over India looking for flats in Pune. This eventually has resulted in this location being blessed with unmatched infrastructure. Let us quickly take a look at a few advantages of owning a home in Hinjewadi.
- Home to an array of IT firms, startups and MNCs.
- Quick commute to workplaces.
- Robust social and civic infrastructure with new roads, flyovers, and public transportation options.
- Wide range of amenities such as shopping malls, restaurants, and entertainment venues.
If you are looking for flats in Pune, and wish to reside in a location that offers you the best of everything, Hinjewadi emerges to be the ideal choice.
2. Baner - a contemporary location with unmatched convenience
Baner is one of the few locations in Pune that has gained rapid popularity and has emerged to be the favourite destination of home buyers and investors alike. Let us take a quick look at the advantages Baner offers.
- Located near the Mumbai-Pune Expressway.
- Excellent connectivity to Pune’s prime locations.
- Near plush neighbourhoods of Aundh and Wakad.
- The right mix of young professionals and families.
- A variety of housing options, from compact apartments to spacious villas.
- Enjoy a vibrant social scene, with cafes, restaurants, and cultural venues.
- Baner is also known for its green spaces, providing residents with ample opportunities for outdoor activities and relaxation.
3. Wakad - the new education hub
Situated in proximity to Hinjewadi, Wakad is an up-and-coming residential area that has experienced significant growth in recent years. Not only does it offer the perfect blend of modern living and a suburban atmosphere, it has also emerged as one of the most preferred education hubs in recent years. Let us take a quick look at the benefits of owning a home in Wakad.
- A strategic location with easy access to major highways such as Pune-Bengaluru Highway and Pune-Mumbai Expressway.
- Proximity to the Hinjewadi IT Park.
- An array of new residential projects offering a range of amenities such as swimming pools, gyms, and community centres.
- A plethora of renowned schools, healthcare facilities, and shopping centres.
4. Kharadi - the gem of East Pune
Situated in Pune's eastern corridor, this is one of the most sought-after locations when it comes to owning flats in Pune. This location has witnessed rapid growth and has emerged as a prominent residential and commercial hub. Let us take a look at a few advantages of owning a property in Kharadi.
- Kharadi is home to the EON IT Park, one of Pune's largest IT complexes.
- Kharadi attracts a large workforce of IT professionals.
- Kharadi's growth has led to the development of modern residential complexes, offering a range of housing options to suit different budgets.
- Proximity to Pune-Ahmednagar Highway and Pune Airport.
- Booming real estate market that assures great returns on your investment.
5. Dhanori - the most promising suburb
Dhanori has fast-tracked into the list of the most promising suburbs and rightly so. Discerning home buyers looking for the best flats in Pune have chosen Dhanori as their preferred abode owing to a plethora of conducive factors. Let us take a look at a few of these factors.
- Proximity to IT Parks and plush neighbourhoods.
- An array of new residential projects offering a range of amenities such as swimming pools, gyms, and community centres.
- A plethora of renowned schools, healthcare facilities, and shopping centres.
- Easy access to Pune’s prime destinations.
- Scenic views.
If you are looking for the best flats in Pune, you must take a look at the residential projects by Kohinoor Group, Pune. With a rich legacy of 40 years, Kohinoor Group has carved a niche for itself and has emerged as Pune’s fastest growing real estate brand. Kohinoor Group Pune has an array of residential projects in Pune’s prime locations such as Dhanori, Hinjewadi, Kharadi, Wakad, Punawale and more.
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