An overview: Punawale, Pune real estate market
Punawale is a rapidly growing neighbourhood in the Pimpri-Chinchwad district of the Pune Metropolitan Region.
The area is conveniently located along the Mumbai Highway (NH-48), close to the Hinjewadi IT cluster. Punawale’s real estate growth is fueled by a combination of good connectivity and closeness to job opportunities. Ravet, Walhekarwadi, Nigdi, Tathawade, and Wakad are some of the nearby towns. Punawale also benefits from easy access to these locations when it comes to satisfying infrastructure requirements. In this developing neighbourhood, multi-story apartment developments such as PharandePuneville, Siddhashila EELA, Krisala 41 Estera, Ahura Ecopolitan, and MY Home Punawale are being built.
Physical infrastructure
Despite being 20 kilometres outside the city centre, the neighbourhood is well connected to the city’s major neighbourhoods. The Mumbai Highway (NH-48) and the Aundh-Ravet BRTS Road are crucial for connection. The nearest railway station is Akurdi Railway Station, which is around 5 kilometres away and connects the suburb to the major Pune Junction. Pune International Airport is 27 kilometres distant and takes around an hour to get.
Social & retail infra
The neighbourhood is growing in terms of social and retail infrastructure, and it relies on adjacent regions for schools, hospitals, markets, and malls. JSPM Institutes, Orchids, Lotus Business School, Indira College of Commerce & Science Some of the educational institutions and hospitals nearby are the International School, Dhanwantaris Chrysalis, and OjasMultispeciality Hospital. Some of the surrounding retail locations include DmartRavet (3 km), City One Mall (9 km), and Xion Mall (7 km).
Employment centres in the area
Punawale is around 20 minutes distant from the key employment zone of Hinjewadi Rajiv Gandhi Infotech Park (10 km). Blue Ridge IT Park, Embassy Tech Zone, Embassy Quadron Business Park, Wipro Campus, and Infosys Campus are just a few of the business parks and corporate campuses in the area. IBM, Cognizant, Access Healthcare, Tech Mahindra, TCS, and more well-known organizations have offices here. The Pimpri-Chinchwad industrial belt, which houses manufacturing companies like as Bajaj Auto, Tata Motors, and SKF India, is also easily accessible.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
