Stay Up-to-Date with Our
Blogs & Articles
Some of the Best Places to Invest in Pune
Written by Ganesh Sose
Looking for a humming city with incredible spots
Then look no other than Pune. Its closeness to Mumbai and thriving engineering, automobile, education & IT sectors and year round good weather make it an ideal place for living. The employment opportunities are growing day by day and hence, more people are migrating to the city. Let have glance on some top localities in Pune that are expected to see a significant price rise.
Alandi / Dighi / Charoli -
Huge real estate activity observed in the vicinity with many live residential projects approx. 50 plus. Home loan business grew at a rapid pace in the last few years. Road connectivity has improved and travel time to Pune has reduced to 15-20 minutes which used to be 35-40 minutes.
Undri Pisoli -
Undri-Pisoli, an emerging pocket of Pune belt, has various good demand drivers, such as the working population in Magarpatta, spill-over demand from Hadapsar, affordable prices, connectivity to central Pune and advantageous proximity to the CBD when compared to other outskirts. The information technology IT development within the Magarpatta township, along with industrial units in Hadapsar, are the primary drivers for residential demand in this corridor. As Wanowrie, Kondhwa and NIBM Road are already densely developed, the focus has been shifted to Undri, Pisoli and its neighboring areas In the past three to four years.
This area has become one of the most preferred residential markets.This sub-market is now also in demand from people staying at Wanowrie, Kondhwa and Fatimanagar. The major reasons for buying properties in this pocket are the possibility to upgrade to bigger flats at affordable prices, acquiring a second home close to the existing one and also buying second-generation home in this area. The region has also witnessed spillover demand from Hadapsar and Kharadi, as the prices in those locations have increased significantly and are no longer affordable for entry-level home buyers.This belt has also gained significance because of the presence of quality schools. Retail development is also becoming a factor driving the potential of the region. Once the new Ring Road is completed, this pocket will see massive development, on the heels of highly improved connectivity in the coming years.
Property buyers can expect 5-10 per cent annual appreciation on capital values, depending on location, product, and delivery time. Unlike end-users, investors are also focused on the best time to exit; a horizon of three years or more needs to be maintained for investments done today.That said, returns are subjective and will depend on factors like project, area, location, etc. There is no thumb rule for how long one should stay invested, with the optimal horizon always being a function of specific project, entry cost and annual appreciation achieved. However, a horizon of five-seven years from project launch is very advisable. In all cases, buyers must do thorough due-diligence before buying properties in any of Pune's emerging locations
Talegaon Dabhade
There is an easy connectivity to Talegaon Dabhade from Mumbai / Navi Mumbai via Express Highway. Here, 2nd homes are more in demand. Lonavala is about 20-25 km from this locality making it more lucrative to own 2nd homes for holiday stays. The vicinities outside Municipal Limits are managed by Pune Metropolitan Regional Development Authority PMRDA.
Moshi / Chikhali / Chakan -
This location houses major MIDC hub. Locality is occupied majorly by low income group employed within MIDC. This is the major customer segment for budget residential units. Residential project activities are observed in large numbers.
Ravet / Wakad / Hingewadi
There are major IT Parks and easy connectivity to Express Highway about 3km. Infrastructure projects by PCMC has improved connectivity in recent times again making it lucrative for real estate investments. Consistent growth in rentals is another major reason for the location being investors' favorite choice. As per a Solid Ground Report by Indiaproperty.com, there was around 40% price appreciations for properties in Wakad area.
Wagholi
This is another MIDC location, occupied by low-income group people. More than 200 small residential apartment projects with 12-15 units each are in the locality to cater the demand for housing.
The average pricing in the city is about Rs 4,000 per Sq. Ft. Around 2000 units inclusive of budget flats are sold on an annual basis, that shows there is demand of residential apartments in Pune. IIFL Home Finance Limited has 363 approved developers projects in the city, facilitating an ease for the end users to purchase a home in the city.
Disclaimer
All content provided on this blog is for informational purposes only. The opinions provided herein are solely of the author and do not, in any which way, reflect the views of IIFL Home Finance Limited. The author makes no representations with regard to the accuracy or completeness of any information available on this blog/site/ link on this site and shall not be liable for any errors or omissions on the account of the information provided herein. The information provided herein is basis the current market pattern and subject to change from time to time.
Tags
Quick and Hassle Free Loan Processing
Latest Blogs
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
A Quick Guide to Buying a Home for the First Time Read More
Abhishikta Munjal | Mar 22 6:11 AM
Property and Real Estate
A Quick Guide to Buying a Home for the First Time Read More
Abhishikta Munjal | Mar 22 6:11 AM
Property and Real Estate
A Quick Guide to Buying a Home for the First Time Read More
Abhishikta Munjal | Mar 22 6:11 AM
Property and Real Estate
A Quick Guide to Buying a Home for the First Time Read More
Abhishikta Munjal | Mar 22 6:11 AM
Property and Real Estate
A Quick Guide to Buying a Home for the First Time Read More
Abhishikta Munjal | Mar 22 6:11 AM
Property and Real Estate
A Quick Guide to Buying a Home for the First Time Read More
Abhishikta Munjal | Mar 22 6:11 AM
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Affordable Housing The Indian Challenge Read More
IIFL Home Loans | Feb 01 12:00 PM
Property and Real Estate
Affordable Housing The Indian Challenge Read More
IIFL Home Loans | Feb 01 12:00 PM
Property and Real Estate
Affordable Housing The Indian Challenge Read More
IIFL Home Loans | Feb 01 12:00 PM
Property and Real Estate
Affordable Housing The Indian Challenge Read More
IIFL Home Loans | Feb 01 12:00 PM
Property and Real Estate
Affordable Housing The Indian Challenge Read More
IIFL Home Loans | Feb 01 12:00 PM
Property and Real Estate
Tips For Hassle-Free Home Buying Read More
IIFL Home Loans | Jun 28 3:30 PM
Property and Real Estate
Tips For Hassle-Free Home Buying Read More
IIFL Home Loans | Jun 28 3:30 PM
Property and Real Estate
Tips For Hassle-Free Home Buying Read More
IIFL Home Loans | Jun 28 3:30 PM
Property and Real Estate
Tips For Hassle-Free Home Buying Read More
IIFL Home Loans | Jun 28 3:30 PM
Property and Real Estate
Why You Should Buy A Second Home? Read More
IIFL Home Loans | May 23 1:00 PM
Property and Real Estate
Why You Should Buy A Second Home? Read More
IIFL Home Loans | May 23 1:00 PM
Property and Real Estate
Why You Should Buy A Second Home? Read More
IIFL Home Loans | May 23 1:00 PM
Property and Real Estate
Why You Should Buy A Second Home? Read More
IIFL Home Loans | May 23 1:00 PM
Property and Real Estate
Tier II & Tier III Cities- New Face of India Read More
IIFL Home Loans | Feb 26 1:45 PM
Property and Real Estate
Tier II & Tier III Cities- New Face of India Read More
IIFL Home Loans | Feb 26 1:45 PM
Property and Real Estate
Tier II & Tier III Cities- New Face of India Read More
IIFL Home Loans | Feb 26 1:45 PM
Property and Real Estate
Tier II & Tier III Cities- New Face of India Read More
IIFL Home Loans | Feb 26 1:45 PM
Property and Real Estate
Guide To Property Registration Process Read More
IIFL Home Loans | Feb 20 6:15 PM
Property and Real Estate
Guide To Property Registration Process Read More
IIFL Home Loans | Feb 20 6:15 PM
Property and Real Estate
Guide To Property Registration Process Read More
IIFL Home Loans | Feb 20 6:15 PM
Property and Real Estate
Recruitment Trends in Housing Finance Sector Read More
IIFL Home Loans | Feb 05 11:00 AM
Property and Real Estate
Recruitment Trends in Housing Finance Sector Read More
IIFL Home Loans | Feb 05 11:00 AM
Property and Real Estate
Which is Better, a Plot or a Flat? Read More
IIFL Home Loans | Jan 24 6:30 PM
Property and Real Estate
Five Things to Know Before Home Buying Read More
IIFL Home Loans | Jan 23 4:45 PM
Property and Real Estate
Best Cities with Affordable Housing in India Read More
IIFL Home Loans | Jan 23 4:45 PM
Property and Real Estate
Best Cities in India to Invest in Real Estate Read More
IIFL Home Loans | Jan 23 4:30 PM
Property and Real Estate
Most Valuable Homes in India Read More
IIFL Home Loans | Jan 23 4:00 PM
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Read About DDA Aawasiya Yojana 2017 Read More
IIFL Home Loans | Dec 28 12:15 PM
Property and Real Estate
Read About DDA Aawasiya Yojana 2017 Read More
IIFL Home Loans | Dec 28 12:15 PM
Property and Real Estate
Read About DDA Aawasiya Yojana 2017 Read More
IIFL Home Loans | Dec 28 12:15 PM
Property and Real Estate
Read About DDA Aawasiya Yojana 2017 Read More
IIFL Home Loans | Dec 28 12:15 PM
Property and Real Estate
Read About DDA Aawasiya Yojana 2017 Read More
IIFL Home Loans | Dec 28 12:15 PM
Property and Real Estate
Read About DDA Aawasiya Yojana 2017 Read More
IIFL Home Loans | Dec 28 12:15 PM
Property and Real Estate
Affordable Housing: Consumer Movements & Awareness Read More
IIFL Home Loans | Dec 21 1:00 PM
Property and Real Estate
Affordable Housing: Consumer Movements & Awareness Read More
IIFL Home Loans | Dec 21 1:00 PM
Property and Real Estate
Affordable Housing: Consumer Movements & Awareness Read More
IIFL Home Loans | Dec 21 1:00 PM
Property and Real Estate
Affordable Housing: Consumer Movements & Awareness Read More
IIFL Home Loans | Dec 21 1:00 PM
Property and Real Estate
Affordable Housing: Consumer Movements & Awareness Read More
IIFL Home Loans | Dec 21 1:00 PM
Property and Real Estate
Affordable Housing: Consumer Movements & Awareness Read More
IIFL Home Loans | Dec 21 1:00 PM
Property and Real Estate
Rent Vs Buy: To Rent or Buy a Home? Read More
IIFL Home Loans | Dec 19 11:45 AM
Property and Real Estate
Rent Vs Buy: To Rent or Buy a Home? Read More
IIFL Home Loans | Dec 19 11:45 AM
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Recruitment Trends in Housing Finance Sector in India Read More
IIFL Home Loans | Nov 15 11:15 AM
Property and Real Estate
Recruitment Trends in Housing Finance Sector in India Read More
IIFL Home Loans | Nov 15 11:15 AM
Property and Real Estate
Recruitment Trends in Housing Finance Sector in India Read More
IIFL Home Loans | Nov 15 11:15 AM
Property and Real Estate
Recruitment Trends in Housing Finance Sector in India Read More
IIFL Home Loans | Nov 15 11:15 AM
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Market Practices On Immovable Property Valuations Read More
IIFL Home Loans | Oct 04 2:30 PM
Property and Real Estate
Market Practices On Immovable Property Valuations Read More
IIFL Home Loans | Oct 04 2:30 PM
Property and Real Estate
Market Practices On Immovable Property Valuations Read More
IIFL Home Loans | Oct 04 2:30 PM
Property and Real Estate
Market Practices On Immovable Property Valuations Read More
IIFL Home Loans | Oct 04 2:30 PM
Property and Real Estate
Buying Your First home? Check these Points Read More
IIFL Home Loans | Oct 03 2:45 PM
Property and Real Estate
Buying Your First home? Check these Points Read More
IIFL Home Loans | Oct 03 2:45 PM
Property and Real Estate
Buying Your First home? Check these Points Read More
IIFL Home Loans | Oct 03 2:45 PM
Property and Real Estate
Buying Your First home? Check these Points Read More
IIFL Home Loans | Oct 03 2:45 PM
Property and Real Estate
Buying Your First home? Check these Points Read More
IIFL Home Loans | Oct 03 2:45 PM
Property and Real Estate
More Inflow of Funds in India Real Estate Read More
IIFL Home Loans | Sep 18 12:45 PM
Property and Real Estate
More Inflow of Funds in India Real Estate Read More
IIFL Home Loans | Sep 18 12:45 PM
Property and Real Estate
More Inflow of Funds in India Real Estate Read More
IIFL Home Loans | Sep 18 12:45 PM
Property and Real Estate
Property and Real Estate
Property and Real Estate
Dwarka Expressway: Booming High Read More
IIFL Home Loans | Sep 01 1:15 PM
Property and Real Estate
Selling your Property? Keep 7 things in Mind Read More
IIFL Home Loans | Aug 24 12:45 PM
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Some of the Best Places to Invest in Pune Read More
IIFL Home Loans | Jul 07 2:30 PM
Property and Real Estate
Challenges towards Housing for All by 2022 Read More
IIFL Home Loans | Jul 07 11:15 AM
Property and Real Estate
Real Estate Sector Going Green Read More
IIFL Home Loans | Jun 01 2:15 PM
Property and Real Estate
Property and Real Estate
Property and Real Estate
IIFL Home Loans | Feb 07 11:45 AM
Property and Real Estate
IIFL Home Loans | Feb 07 11:45 AM
Property and Real Estate
IIFL Home Loans | Feb 07 11:45 AM
Property and Real Estate
IIFL Home Loans | Feb 07 11:45 AM
Property and Real Estate
IIFL Home Loans | Feb 07 11:45 AM
Property and Real Estate
IIFL Home Loans | Feb 07 11:45 AM
Property and Real Estate
Have you read home buyer guide? Read More
IIFL Home Loans | Sep 14 12:30 PM
Property and Real Estate
Have you read home buyer guide? Read More
IIFL Home Loans | Sep 14 12:30 PM
Property and Real Estate
Have you read home buyer guide? Read More
IIFL Home Loans | Sep 14 12:30 PM
Prelude to Building Green - IIFL Home Loan's Guide to Sustainable Affordable Housing
Download reportMost Read Blogs
Property and Real Estate
Property and Real Estate
A Quick Guide to Buying a Home for the First Time Read More
Abhishikta Munjal | Mar 22 6:11 AM
Property and Real Estate
Affordable Housing The Indian Challenge Read More
IIFL Home Loans | Feb 01 12:00 PM
Property and Real Estate
Affordable Housing: Consumer Movements & Awareness Read More
IIFL Home Loans | Dec 21 1:00 PM
Property and Real Estate
Property and Real Estate
Property and Real Estate
Best Cities in India to Invest in Real Estate Read More
IIFL Home Loans | Jan 23 4:30 PM
Property and Real Estate
Best Cities with Affordable Housing in India Read More
IIFL Home Loans | Jan 23 4:45 PM
Property and Real Estate
Buying Your First home? Check these Points Read More
IIFL Home Loans | Oct 03 2:45 PM
Property and Real Estate
Challenges towards Housing for All by 2022 Read More
IIFL Home Loans | Jul 07 11:15 AM
Property and Real Estate
Property and Real Estate
Property and Real Estate
Dwarka Expressway: Booming High Read More
IIFL Home Loans | Sep 01 1:15 PM
Property and Real Estate
Five Things to Know Before Home Buying Read More
IIFL Home Loans | Jan 23 4:45 PM
Property and Real Estate
Guide To Property Registration Process Read More
IIFL Home Loans | Feb 20 6:15 PM
Property and Real Estate
Property and Real Estate
Have you read home buyer guide? Read More
IIFL Home Loans | Sep 14 12:30 PM
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Market Practices On Immovable Property Valuations Read More
IIFL Home Loans | Oct 04 2:30 PM
Property and Real Estate
More Inflow of Funds in India Real Estate Read More
IIFL Home Loans | Sep 18 12:45 PM
Property and Real Estate
Most Valuable Homes in India Read More
IIFL Home Loans | Jan 23 4:00 PM
Property and Real Estate
Property and Real Estate
Read About DDA Aawasiya Yojana 2017 Read More
IIFL Home Loans | Dec 28 12:15 PM
Property and Real Estate
Property and Real Estate
Real Estate Sector Going Green Read More
IIFL Home Loans | Jun 01 2:15 PM
Property and Real Estate
Recruitment Trends in Housing Finance Sector Read More
IIFL Home Loans | Feb 05 11:00 AM
Property and Real Estate
Recruitment Trends in Housing Finance Sector in India Read More
IIFL Home Loans | Nov 15 11:15 AM
Property and Real Estate
IIFL Home Loans | Feb 07 11:45 AM
Property and Real Estate
Rent Vs Buy: To Rent or Buy a Home? Read More
IIFL Home Loans | Dec 19 11:45 AM
Property and Real Estate
Selling your Property? Keep 7 things in Mind Read More
IIFL Home Loans | Aug 24 12:45 PM
Property and Real Estate
Some of the Best Places to Invest in Pune Read More
IIFL Home Loans | Jul 07 2:30 PM
Property and Real Estate
Property and Real Estate
Property and Real Estate
Property and Real Estate
Tier II & Tier III Cities- New Face of India Read More
IIFL Home Loans | Feb 26 1:45 PM
Property and Real Estate
Tips For Hassle-Free Home Buying Read More
IIFL Home Loans | Jun 28 3:30 PM
Property and Real Estate
Property and Real Estate
Property and Real Estate
Which is Better, a Plot or a Flat? Read More
IIFL Home Loans | Jan 24 6:30 PM
Property and Real Estate
Why You Should Buy A Second Home? Read More
IIFL Home Loans | May 23 1:00 PM
Property and Real Estate
Disclaimer: The information contained in this post is for general information purposes only. IIFL Home Finance Limited (including its associates and affiliates) ("the Company") assumes no liability or responsibility for any errors or omissions in the contents of this post and under no circumstances shall the Company be liable for any damage, loss, injury or disappointment, etc. suffered by any reader. All information in this post is provided "as is", with no guarantee of completeness, accuracy, timeliness, or of the results, etc. obtained from the use of this information, and without warranty of any kind, express or implied, including, but not limited to warranties of performance, merchantability, and fitness for a particular purpose. Given the changing nature of laws, rules, and regulations, there may be delays, omissions, or inaccuracies in the information contained in this post. The information on this post is provided with the understanding that the Company is not herein engaged in rendering legal, accounting, tax, or other professional advice and services. As such, it should not be used as a substitute for consultation with professional accounting, tax, legal or other competent advisers. This post may contain views and opinions which are those of the authors and do not necessarily reflect the official policy or position of any other agency or organization. This post may also contain links to external websites that are not provided or maintained by or in any way affiliated with the Company and the Company does not guarantee the accuracy, relevance, timeliness, or completeness of any information on these external websites. Any/ all (Home/ Loan Against Property/ Secured Business Loan/ Balance Transfer/ Home Improvement Loan/ NRI Home Loan/ Home Loan for Uniformed Services) loan product specifications and information that may be stated in this post are subject to change from time to time, readers are advised to reach out to the Company for current specifications of the said (Home/ Loan Against Property/ Secured Business Loan/ Balance Transfer/ Home Improvement Loan/ NRI Home Loan/ Home Loan for Uniformed Services) loan.