In Pune, here are the top 3 places to buy residential plots

Pune, Maharashtra’s second-largest city and a prominent real estate investment location, is also recognized as the cultural capital.

The growing architectural, car, medical, and IT/ITeS industries are the primary drivers of investment in Pune. Though residential complexes continue to be the most popular among buyers, home plots have however sparked investors’ interest in light of recent capital gains. Many suggest that the explosive growth of residential projects and integrated townships has resulted in the creation of various national and worldwide educational institutions in suburban areas, like Wakad and Hinjewadi. Pune is also a growing job centre that attracts businesses from all over the world. As a result, land values in several parts of the city have increased dramatically.”

Land values in Pune have risen as a result of major infrastructure projects on the city’s outskirts, like the Pune Ring Road and the MHADA Metro project. As a result, if you’re looking for residential plots in Pune, here are a few options to explore.

Hadapsar

Hadapsar is a growing neighbourhood in eastern Pune featuring a combination of residential complexes, manufacturing sites, and IT clusters. Hadapsar is a popular suburb in Pune, according to Sanjay Lunkhad, Director, Rohan Builders and Developers Pvt. Ltd, with major IT centres like Magarpatta (Magarpatta Special Economic Zone), Phursungi (SP Infocity), and Kharadi (EON IT Park, World Trade Centre) easily accessible nearby. A few of the world’s greatest firms have set up shop within those IT centres, resulting in an inflow of workers and increased housing requirements as well as infrastructure development in the area.

Hadapsar also shares a 6.2-kilometer border with Koregaon Park and Kalyani Nagar (6 km). According to Sanjay, each of these neighbourhoods are one of Pune’s prime lifestyle attractions. National Highway (NH) 65 (Pune-Solapur Road), Magarpatta Road (SH-27), Handewadi Road, and Hadapsar Railway Station provide continuous road and rail connectivity in the area (5 km). Hadapsar is roughly 10 kilometres from the Pune International Airport and the Pune Junction Railway Station.

Hinjewadi

Hinjewadi, a major employment centre in Pune’s northwestern outskirts, approximately 19 kilometres from the city heart. This suburb is among the fastest-growing areas in the city, with land values increasing by more than 35% in the last three years.

It is home to a number of business parks and corporate campuses that house some of the world’s largest IT/ITeS, BPO, automotive, and biotechnology companies. The neighbourhood is Pune’s economic powerhouse, and so many buyers are eager to capitalise on the micro-real market’s estate possibilities.

The Hinjewadi-Aundh Road, Mumbai Highway (NH-48), and Dange Chowk Road connect Hinjewadi to other critical places of Pune. Pune Junction Railway Station (20 km) and Pune International Airport (26 km) are also within easy driving distance. The 23-kilometer-long Metro Line 3 from Hinjewadi Phase III to Civil Court, which is now under development, is projected to improve the area’s connection inside the city.

Wakad

The neighbourhood is located along the Mumbai Highway and is close to the Rajiv Gandhi Infotech Park in Hinjewadi, which contains various business parks and corporate headquarters. Baner, Balewadi, and Aundh, three significant business hubs around eight kilometres from Wakad, all add to the area’s real estate demand.

One of its key factors is Wakad’s success as an investment location in its social infrastructure. Several reputable institutions, healthcare, and public parks may be found in the area. Good Samaritan School, Wisdom World School, Mount Litera Zee School, Jeevan Jyoti Hospital, Aditya Birla Memorial Hospital, Ozone Mall, and MSM Mall are just a few examples.

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