Massive IT presence, globally reputed educational institutes, and amazing weather conditions, yes, it’s none other than city – Pune. Elements mentioned above position Pune as India’s most preferred cities to live in and work. Pune has witnessed a huge migration of IT professionals, students, and working families coming to Pune, over the last decade. Due to this a surge in demand of affordable to luxury residential projects increased. Talking about the best places to live in Pune are Wakad, Pimple Saudagar, Baner, Ravet, Hinjewadi, Kharadi, Viman Nagar, and Balewadi. These locations are considered as an ideal place to live and work offering a wide range of affordable, mid-range, and luxury homes.
The infrastructural expansion of Pune is happening rapidly. Pune is the 1st choice of many companies to set up offices, commercial spots, and technology parks. Apart from massive employment opportunities and educational institutes, Pune’s wonderful weather conditions, easy-going lifestyle, and good air quality compared to other big metros make Pune a desirable city. Due to massive migration and growing residential and commercial property demand, the Government of Maharashtra is driving various infrastructural advancements such as – new roads, metro connectivity expansion, wider highways, and new residential hotspots. Let’s explore why Pune property is in high demand.
Why Pune Property High in Demand
Here are the major reasons why Pune property high in demand
• Presence of multiple IT hubs in Hinjewadi, Kharadi, and Magarpatta
• Massive employment opportunities in IT, manufacturing, and education
• Pristine quality of air
• Existence of globally reputed schools and colleges
• Rapidly booming infrastructure such as metro, ring road, and highways
• Major working professionals of young age
• Highly affordable living spaces in comparison to Mumbai, with similar or better amenities
Best Areas for Working Professionals
Baner & Balewadi
• Trendy area with restaurants, shopping complexes, and nightlife
• Close to Hinjewadi and central Pune
• Popular among tech employees
Kharadi
• Presence of EON IT Park and World Trade Center
• Premium living spaces and commercial projects
• Nearby airport, malls, and food hubs
• Well-planned and modern locality
Viman Nagar
• In close proximity to airport and major city roads
• Many cafés, co-working spaces, and gymnasiums
• Highly recommended to young IT professionals
Ravet
• Booming housing spaces and commercial hotspots in PCMC
• Nearby Hinjewadi IT Park
• Excellent connectivity via Mumbai–Pune Expressway and upcoming metro
• Wide range of budget to premium flats
Best Areas in Pune for Families
Wakad
• Schools, hospitals, and parks of global standard
• Nearby Hinjewadi & PCMC
• Apt for family crowd
Pimple Saudagar
• Clean and green spaces
• Seamless connectivity and highly secured gated communities
• Ideal for mid-income homebuyers
Kothrud
• Pune’s oldest and well-established location
• Family-driven Environment
• Hospitals, schools, and daily convenience stores for all classes of society
Magarpatta & Hadapsar
• Highly secured huge townships
• Wide range of affordable to luxury residential spaces
• Nearby offices, parks, gymnasiums, and colleges
Final Thoughts
Pune as an emerging city has highly planned infrastructure striking a perfect balance between various elements such as excellent job opportunities, education, lifestyle, and safety. Due to a perfect blend of all these elements, Pune is considered as one of the best places to live in India. Right from family crowd to bachelors working in IT companies to students pursuing higher studies, Pune has multiple locations that fit different needs and budgets.
