Areas like Ravet, Talegaon, Moshi, Akurdi, Wakad, and Pimple Saudagar are among the fastest-growing residential hubs in PCMC, driven by affordable housing and proximity to industrial and IT zones.
By Admin | 
In the last 15 years Pune experienced a growth boom, particularly due to the robust automotive, IT and manufacturing sectors, and emerged as one of India’s most promising investment destinations for residential properties. Its proximity and connectivity with India’s financial capital Mumbai was the icing on the cake.
But as it happens with all development stories, a certain saturation set in in terms of infrastructure upgradation to meet the rising population’s demands. Central Pune truly has no more space for newer development and PMC (Pune Municipal Corporation) is struggling to meet urgent requirements of providing good roads, public transport, electricity and water to the citizens. The pace of development is unable to meet the requirements of a bursting city adequately.
The neighboring satellite towns of Pimpri Chinchwad (PCMC) are attracting many home buyers. Located just 15 km northwest of Pune, these twin cities host a thriving industrial belt focused on manufacturing and automobile companies. Pimpri-Chinchwad has in fact significantly contributed to Pune becoming Maharashtra’s second-largest industrial city after Mumbai and has played a key role in its growth.
Of course, not just the industrial belt there are other reasons as well why PCMC is showing outstanding growth as residential hub.
Pimpri-Chinchwad’s rise as a real estate hotspot comes from strong infrastructure and steady investment. Excellent connectivity through the Mumbai-Pune Expressway, Old Highway, and Pune-Nashik Highway makes travel easy. Upcoming projects like the Pune Metro and Ring Road will improve access and cut travel time even more. With industrial growth and government support, this well-connected area is attracting buyers and developers quickly.
Pimpri- Chinchwad has witnessed a high number of new launches of residential units in the last two years with nearly 70 percent of those launches being in the affordable housing category with residential properties priced at under 50 lakhs. Areas such as Ravet, Talegaon, Moshi and Akurdi within PCMC limits offer affordable and low cost housing for all categories of people. Attractive pricing in addition to good infrastructure, location & connectivity make buying a home in Pimpri Chinchwad a worthwhile prospect.
Pimpri enjoys excellent connectivity to major parts of Pune via the Pune-Mumbai Expressway and the Old Pune-Mumbai Highway. The ongoing expansion of the Pune Metro further improves access, linking Pimpri with key hubs such as Shivajinagar and Swargate.
Additionally, Pune Junction Railway Station and Pune International Airport are just a short drive away, making the area convenient for professionals and travelers alike. The well-planned infrastructure, featuring wide roads and efficient public transport, adds to Pimpri’s growing appeal.
Pimpri-Chinchwad’s growth as a commercial and industrial hub has significantly boosted its real estate demand. With key employment zones like MIDC, Hinjawadi IT Park, and Talawade IT Park nearby, the area sees a steady flow of professionals seeking homes. This has led to a rise in demand for 2 and 3 BHK flats.
The industrial boom in Pimpri-Chinchwad has fueled strong demand for residential properties, with developers offering affordable homes for middle-income workers near industrial zones and luxury apartments for high-income professionals. Metro connectivity, ongoing infrastructure projects, and access to top schools like DAV Public School and DY Patil College, as well as leading hospitals such as Aditya Birla Memorial and Lokmanya Hospital make Pimpri-Chinchwad a preferred choice for investors and families seeking well-connected, growing neighborhoods.
Over the years, Pimpri & Chinchwad have evolved into bustling modern towns with well-developed social and civic infrastructure and amenities. Good educational institutions, hospitals, retail shopping malls & complexes, hotels, banks, BRTS public transport, upcoming metro connectivity all combine to make PCMC a flourishing residential destination. Pimpri Chinchwad also enjoys efficient administration by PCMC, which effectively plans and enforces infrastructure development with PMRDA’s support.
Residents rate Pimpri-Chinchwad highly for connectivity, safety, and lifestyle, scoring 4.3 out of 5 on 99acres Reviews. The area is praised for cleanliness, night-time safety, markets, and public transport. Nearby schools, hospitals, and entertainment options further enhance its livability.
With PCMC developing into a much in demand residential property hub, the real estate prices in the area have shown a marked increase. With a rise in home prices the rents have also seen good appreciation with experts saying that the rental price escalation is almost 50 % over the past 5 years with areas such as Wakad, Pimple Saudagar, Spine Road and Pradhikaran witnessing the highest rental appreciation.
Ravet, Moshi, Chovisawadi and Dudhulgoan are areas that are expected to get a good rental appreciation in the coming years. According to data the highest demand for rental properties is for studio apartments and 1 and 2 BHK flats, especially from working professionals who migrate from outside.
Pimpri Chinchwad boasts of being located conveniently close to the Mumbai-Pune growth corridors, which has had a terrific impact on attracting home buyers not only from Pune but also from Mumbai and other cities. This demand has seen a price hike of more than 10–12%.
Pimpri-Chinchwad also offers diverse investment options, including gated high-rise apartments, independent villas, and plotted projects by both local and reputed developers. The area’s thriving industrial and commercial presence fuels strong demand, attracting job seekers and students drawn by affordable rents. This has boosted the rental market, with investors able to earn steady rental income ranging from Rs 10,000 to Rs 32,000 per month in 1 to 3 BHK units. Additionally, end-users seeking ready-to-move or immediate possession properties have ample choices available.
Pimpri Chinchwad offers high ROI potential due to ongoing infrastructure growth and rising property values, attracting investors and professionals seeking rental homes. The area balances urban development with quality of life, featuring parks, entertainment, and recreational spaces. Future-proof infrastructure projects and smart city initiatives ensure sustainable growth, while a strong rental market driven by industrial and IT sectors provides steady income opportunities for investors.
So for all those interested home buyers looking to buy property in the hot destination of Pimpri Chinchwad, look no further than the L-axis from Pharande Spaces. L-axis is Moshi’s most premium home destination set amidst 11 acres of verdant green spaces and offers luxury 3 BHK and 2 BHK flats in Pimpri Chinchwad for sale.
A project that provides world class amenities and top notch specifications all ideally situated within an easy commute to prime locations, IT parks, and industrial belts. To find out more please visit the website.
Areas like Ravet, Talegaon, Moshi, Akurdi, Wakad, and Pimple Saudagar are among the fastest-growing residential hubs in PCMC, driven by affordable housing and proximity to industrial and IT zones.
Affordable housing projects under 50 lakhs dominate PCMC, alongside luxury 2 and 3 BHK apartments and gated communities that cater to both middle-income workers and high-income professionals.
Wakad, Pimple Saudagar, Spine Road, Ravet, Moshi, and Pradhikaran are highly sought-after areas due to their connectivity, amenities, and rental appreciation potential.
Township projects in PCMC offer integrated living with green spaces, quality amenities, and proximity to industrial belts, making them attractive for families and working professionals.
Key infrastructure boosts include the Mumbai-Pune Expressway, Pune Metro expansion, Ring Road projects, wide roads, and efficient public transport systems that enhance connectivity and livability.
PCMC’s excellent connectivity via expressways, highways, metro, railway stations, and proximity to Pune airport drives strong property demand by easing commutes for professionals and residents.
PCMC offers more affordable housing, better infrastructure development, and growing industrial employment opportunities compared to PMC, making it a preferred choice for homebuyers and investors.
By Admin