If there is one region that has benefitted the most from the emergence of the IT sector in Pune is the Western part of it. While Hinjewadi has obviously prospered the most, its surrounding suburbs too have transformed into bustling locations. One such location is Punawale. In recent years Punawale has emerged to be one of the most sought-after destinations in the Western part of Pune. If you are looking for a property in Punawale, you will be delighted by the fact that Punawale does offer its residents an array of advantages that ensure hassle-free living. In this blog, we will explore these advantages and conclude how investing in new flats in Punawale would turn out to be a wise decision. In addition, we will also introduce to you new flats in Punawale developed by the renowned Kohinoor Group Pune. Read on.
Let’s take a look at why Punawale’s residential property scene is booming.
A strategic location in proximity to IT firms
A property in Punawale attracts demand majorly because of the location’s proximity to the Hinjewadi IT Hub. Skilled professionals migrating to Pube for work prefer a property in Punawale because it ensures shorter commute and better work-life balance.
A property in Punawale offers you the benefit of quick connectivity
Punawale's proximity to the Mumbai-Pune Expressway ensures easy connectivity to both Pune's central business districts and Mumbai. This benefit adds to the popularity of new flats in Punawale, creating an ever growing demand from working professionals and families seeking convenience and accessibility.
New flats in Punawale by renowned developers attract wise homebuyers
In recent years, a number of renowned developers such as Kohinoor Group Pune have entered Punawale, and have developed spellbinding residential developments. Leading developers are capitalizing on the suburb's potential by offering a range of residential properties, from affordable apartments to premium housing. The variety of options caters to diverse needs, making Punawale an attractive destination for discerning homebuyers.
A property in Punawale offers more value for money
As compared to other prime locations in Pune, Punawale offers a more affordable entry point into the real estate market. With land prices and construction costs comparatively lower than in established areas, developers can offer competitively priced properties without compromising quality. This affordability factor is a key driver of demand for new flats in Punawale, attracting first-time homebuyers, young professionals, and families looking for residential developments in Punawale offering more value for money.
Strong infrastructure - one of the major reasons for the growing demand for new flats in Punawale
Punawale takes pride in its robust social and civic infrastructure. This includes a strong network of roads and its expansion, improved public transportation, and enhanced civic amenities. These civic infrastructural developments add on to the overall appeal of the new flats in Punawale. This was about civic infrastructure. But when it comes to social infrastructure, Punawale isn’t lagging behind either. A property in Punawale keeps you in proximity to some of Pune's best educational institutions and healthcare facilities. The suburb is home to reputable schools, colleges, and training centers, making it an attractive option for families seeking a bright future for their children. In addition, reputed hospitals and healthcare providers are within easy reach, ensuring that residents have access to quality medical services.
Contemporary property amenities
New flats in Punawale offer their residents modern amenities and facilities such as 24/7 security, swimming pools, fitness centers, landscaped gardens, clubhouses and more. These contemporary amenities enhance the quality of life of the residents and add to the demand for a property in Punawale.
A property in Punawale offers a vibrant lifestyle
Because of the influx of skilled professionals from all over the country, Punawale is gaining a reputation for being a cosmopolitan location with a vibrant lifestyle. A property in Punawale offers you a range of recreational options such as parks, sports complexes, and entertainment venues. This offers residents of new flats in Punawale a holistic living experience, adding to the demand for a property in Punawale.
Steady price appreciation
New flats in Punawale ensure its residents and smart investors a great return on investment, as the location has witnessed a steady price appreciation in recent years. The ongoing infrastructure developments and strategic location will likely attract more demand, further boosting the price appreciation of new flats in Punawale.
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(MahaRERA No.: P52100048589, P52100050739)
If you are interested in buying a property in Pune, you must take a look at Westview Reserve, a development of Naturements by Kohinoor Group Pune. Renowned for its nature-centric amenities, Kohinoor Westview Reserve by Kohinoor Group Pune seamlessly integrates nature into your lifestyle. Here are a few nature-centric features that will impress homebuyers looking for a property in Punawale -
Boardwalk I Hammock Garden I Butterfly Garden I Meditation Garden I Grass Garden
Project highlights -
22+ amenities across 4 zones I 1.2 Km from Mumbai-Bengaluru Highway I 6.7 Km from Pune-Mumbai Expressway I 4.7 Km from Wakad
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