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Perks on Living of the Western Side of Pune

29 August 2022

Pune, one of the largest cities on the Deccan Plateau, has flourished as an economic, residential and cultural hub for centuries. The IT boom gave a new bloom to the city and brought along a vast number of industries and businesses that are now in the city. Pune as a city has witnessed enormous changes and growth, especially in the real estate industry in the past few years. Punekars and non-Punekars alike have made this their choice of residence. The real estate sector has notably witnessed an all-time high post COVID-19 era.

The western parts of Pune city, from Kothrud to Ravet, including areas of Sus, Bhugaon, Bavdhan, Baner, Pashan, Wakad and Chandani Chowk, are witnessing a massive demand for residential and commercial properties alike. To say that this part of Pune has the upper hand for residential investors in comparison to other parts of the city wouldn’t be wrong. Western Pune is today the preferred corridor for most residential projects rather than other parts of the city.

Let’s understand the perks of living in the western parts of Pune city in this blog.

• Affordability:

Affordability has the most significant impact when buying a home. The affordability of residences and property in Western Pune has dramatically influenced the growing demand. Some of the most prominent real estate developers of Pune city have projects in this area. This ensures that homes with good amenities are available at low prices. A wide range of projects ensures that from the most basic 2 BHK flats to some of the most affluent and plush residential projects are found in this section. This makes this area attractive to a larger demographic group.

• Infrastructure Development:

This portion of Pune is well planned by City Corporation, with ample connectivity to the rest of the state. The region is also witnessing an upcoming metro station and 6-lane double-decker flyover at Chandani Chowk. The biggest advantage of living in this part of the city is that it is systematically planned as compared to other parts of the city. Hence, there are minimal infrastructural issues like traffic congestion and water shortage here.

• Connectivity:

Western Pune is in close proximity to Mumbai, Bengaluru, Kolhapur, and other cities. The Rajiv Gandhi InfoTech Park or the Hinjawadi IT Park is close to this area. This attracts a lot of IT professionals to these areas, and hence, the demand for 2 BHK and 3 BHK flats in this part of Pune has skyrocketed.

• Property Appreciation:

The key developments and growing demand for property on the western side of Pune city have attracted many reputed residential projects to this area. Alongside, commercial, entertainment and cultural hubs in this part of the city are booming. As a result, property appreciation rates in this area are witnessing a positive high, which will continue in the future. Return of investment and growth opportunities in this area are aplenty and ensures a secure future for your family.

Western Pune is amongst the most vibrant real estate markets today. This area is also witnessing a steady increase in the employment opportunities generated by the technology and manufacturing industries around the area. An array of real estate projects here entails that there’s a home that caters to every diverse need and budget.

At Paranjape Schemes, our experts take ultimate care to design and develop homes in areas that aid your growth and development. Our projects in Western Pune, including the Forest Trails Township, Athashri Pebbles and Gloria Grand, cater to every need of yours. These projects include cosy 1 BHK apartments, spacious 2 & 3 apartments and plush private villas. To know more about who we are and our projects, visit www.pscl.in

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