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Trending Localities to Invest in Pune in 2022

Trending Localities to Invest in Pune in 2022

If there’s one thing that could aptly define Pune’s skyrocketing growth in the last decade, then it has to be the city’s infrastructure.

From January to July 2021, Pune has clocked sales of approximately Rs. 27,000 crores of real estate—indicating a 27% growth of higher ticket-sized housing units sales compared to 2019. Housing units in Pune priced over Rs. 2 crores saw a whopping 88% spurt compared to 2019—indicating a clear preference for luxury living in the sprawling metro.

It is, therefore, clear that the sustained growth of real estate demand in the city makes real estate investment in Pune worthwhile. In addition, other factors such as the inception of the Pune metro and rigorous development of planned housing societies in proximity to the metro line have contributed to the rate of appreciation and positive ROI in future infrastructure projects.

Best Suited Residential Locations to Invest in Pune

Residential demand in Pune has split into premiere and non-premiere locales. For instance, northwest Pune’s Gahunje region attracts people looking for affordable housing. In contrast, the Moshi region has what some would say the best Pune real estate projects. 

Nevertheless, irrespective of the locale, affluent or general, Pune’s well-connected road network with every suburb gives developers a variety of properties to explore and invest in.

Some of the trending locations to invest in Pune are as follows:

  1. Moshi –

    It is a prime location in the PCMC area. It is an excellent option for property investment in Pune and is located near the industrial belt of Bhosari and Chakan with ample employment opportunities. Moreover, the Pune metro will connect Moshi to Pune Airport, reducing travel time and increasing property appreciation. Moshi has high rental yields with yearly increments, making it one of the best places to invest in Pune. For instance, Pharande Spaces’ Woodsville Phase I, II, III and Vaanya is a residential project in Moshi.

     

  2. Punawale –

    This area is showing fast growth and development. The primary reason is its proximity to the major IT hub located in Hinjewadi. The accessibility to Pune Mumbai Expressway and surrounding amenities like renowned hospitals and Talegaon MIDC make it great for employment opportunities and nurturing families. This has given real estate developers in Pune the incentive to come up with the best real estate projects in Punawale. Punawale flats are now the most sought after in the whole of Pune’s residential circuit. Pharande Spaces’ Puneville and Kairosa are two projects offering 3 and 2 BHK flat in Punawale.

     

  3. Ravet –

    Ravet is located in the northwestern part of Pune, near-prime locations such as Wakad, Kalewadi. Ravet has seamless connectivity to the rest of the city, with easy access to local transport and Chinchwad railway station. Ravet is seeing vigorous development in infrastructure and is promising to be one of the best planned real estate zones. Pharande Spaces’ Felicity and Celestial City Phase I and II are great residential projects in Ravet.

     

  4. Spine Road –

    It is close to Ravet, and the properties near this road have shown upthrust in appreciation rates. This is due to the 10km, four-lane stretch of road conceptualised by PCNTDA connecting Moshi, Chikhli, Nigdi, Krishnanagar and Walhekarwadi via Bijlinagar. This planned roadway makes travel to significant parts of Pune easy; hence it is lucrative for real estate investments. Pharande Spaces’ L-Axis is an ambitious project in Spine Road offering all possible amenities.

     

Pharande Spaces has been developing some of the best in class real estate projects in Pune. Here are some details of our projects in the aforementioned areas.

Ongoing Projects

Felicity – Located in Ravet offering 2 and 3 BHK apartments starting at Rs.70 Lakhs.

Puneville – Located in Punawale, offering 2, 2.5 and 3 BHK apartments starting at Rs.69 lakhs.

Kairosa – Located in Punawale, offering 1 and 2 BHK apartments starting at Rs.37 lakhs.

L-Axis – Located near Spine Road, offering 2 and 3 BHK apartments starting at Rs.72 lakhs.

Completed Projects

Woodsville Phase I, II and III – Located in PCMC Moshi, offering 1 BHK apartments.

Celestial city Phase I and II – Located in Ravet Pune offering 1 to 3 BHK apartments.

New Launches

Vaanya – Located in Moshi, offering 2 to 2.5 BHK apartments will extend the Woodsville project constituting its Phase IV.

These areas are handpicked locations since they promise exponential growth trajectory in the coming years due to rapid industrialization. Hence, if you are looking to invest in real estate then these areas will yield a heavy return on investment. Investing in such areas, especially in Pharande Spaces projects, will be the best investment opportunity for any homebuyer since there is complete surety of quality construction, timely inspection of the same, and timely updates to all the customers with customizable payment plans. Easy sanction of home loans via tripartite agreements and proper due diligence is the hallmark of Pharande Spaces most trusted real estate developership. Lastly, being a customer centric company, Pharande Spaces is committed towards enabling timely possession for all our customers.

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Pharande Spaces: https://pharandespaces.com/
Pharande Spaces,
"Tarangan", 98/2,
Pune - Nashik Highway,
Guruvihar, Bhosari,
Pune: 411039. India.
Ph.no. 02027230506
Email: enquiry@pharandespaces.com

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