Outskirts in Pune are more preferred than urban areas
Home buyers in Pune are yearning to dwell near the city center for quite sometime now. With the saturation of prime city areas in the city and the advent of new lifestyles, outskirts of Pune city have gained significant prominence. More and more business professionals and locals are now embracing the life of less congested areas of the city-the outskirts.
Undri, Baner, Wakad, Dhanori and Wagholi are some of the peripheral locations in Pune, where demand for residential units have sprung up in the last few years. Traffic snarls, noise and air pollution have given enough reason for home buyers to divert their attention to the city outskirts.
Real estate in outskirts
Real estate growth in Pune, more or less revolve near the central areas of the city. However, lack of space and saturation has led the developers and investors alike to look for other alternatives. The city outskirts emerged as the most viable option for real estate investment in Pune.
The realty developers for such peripheral locations go for the upgraded city planning blueprint that promises green cover, open spaces, civic infrastructure along with wide roads. This states that such locations do not face any threat of turning into clones of the inner city. As per experts, properties in Pune suburbs offers a much more healthier and satisfying lifestyle that meets the growing aspirations.
Why outskirts over city areas?
Going by the market news, Pune suburbs will bear witness to a number of residential real estate developments. A number of stunning townships have sprung up in west Pune, especially in Balewadi and Baner.1 and 2BHK garden flats, coupled with penthouses are common examples in such townships. Residential units in such areas are laced with exquisitely designed modular kitchens and room, state-of-the art designer apartments and unparalleled connectivity.
On accounts of proximity to prime areas in the city and the smooth accessibility to Mumbai-Pune Highway, such areas have emerged as potential destinations for investment. For a potential investor, the suburbs of Pune have a plethora of finest properties. With the expansion and growth of such areas, the scope of a number of residential and commercial projects is likely to take a big leap in the days to come.