Top 5 Areas to consider while buying an apartment in Pune
Pune has grown in stature as an important realty destination among Tier II cities in India. This is not an over-night phenomenon as the city has witnessed steady growth in infrastructure development. Besides, being an important IT hub, it has also opened its doors to various other industries like automobile and manufacturing, with many MNCs setting up their offices in Pune. The industrial and infrastructure growth has had a major spill-over effect on the Residential realty scenario of the city. This has led to major residential developers coming up with their apartment projects in the city. Some of the areas where you can find maximum apartments for sale are Baner, Wakad, Kharadi, Hadapsar and Viman Nagar. These include both First Sale as well as Re-sale apartments.
Baner
Baner is about 10 km away from the heart of the city, along its north-west fringe. The area has the highest number of apartments listed with CommonFloor for sale. Among the apartments for sale in Baner, about 45 per cent are 3 BHK apartments while 39 per cent are 2 BHK units. Other configurations like 1 BHK and 3 BHK units have a minuscule representation. Prices of 3 BHK apartments between 1500 and 3000 sq. ft. range between Rs 70 lakh and Rs 3 crore. For 2 BHK units with area between 800-1,500 sq. ft., prices range between Rs 60 lakh and Rs 1.1 crore.
Wakad
Wakad is located about 15 km from the heart of the city along its north-west fringe. As per CommonFloor listing data, among the apartments available for sale in Wakad about 55 per cent are 2 BHK units while about 30 per cent are 3 BHK units. 1 and 4 BHK apartments here have a minuscule presence. Prices of 2 BHK apartments with sizes between 800 and 1500 sq. ft. ranges between Rs 60 and 90 lakh. 3 BHK apartments with sizes ranging from 1300 to 2000 sq. ft. are priced between Rs 70 lakh and Rs 1.3 crore.
Kharadi
Kharadi is located about 13 km from the heart of Pune along its north-eastern fringe. As per the apartments listed for Sale here, about 46 per cent are 2 BHK apartments while 32 per cent are 3 BHK units. Prices of 2 BHK apartments with sizes between 800 to 1200 sq. ft. ranges from Rs 50 to 80 lakh. 3 BHK apartments measuring between 1500 to 200 sq. ft. are priced between Rs 80 lakh to 1.2 crore.
Hadapsar
Hadapsar is located about 10 km from the heart of the city along its eastern fringe. Among the listed apartments in the area, about 44 per cent of the available apartments here are 2 BHK units while about 32 per cent are 1 BHK units. Prices of 1 BHK apartments with sizes from 500 to 800 sq. ft. ranges between Rs 30 to 50 lakh. 2 BHK units between 800 and 1300 sq. ft. are priced between Rs 40 lakh to 1.2 crore.
Viman Nagar
Viman Nagar is located about 10 km from the heart of Pune along its north-eastern fringe. According to CommonFloor’s apartment listings for the area, about 43 per cent of the total apartments available in Viman Nagar are 2 BHK units while about 39 per cent are 3 BHK units. Price of 2 BHK apartments here between 800 and 1300 sq. ft. ranges between Rs 70 lakh to 1 crore. 3 BHK apartments between 1500 to 3000 sq. ft. are priced between Rs 70 lakh to 2 crore.
