In last few quarters, Baner has emerged as the new growth location for Pune’s real estate sector. Located off the Katraj-Dehu Road Bypass, by-passing Pune, Baner offers easy access to the IT/ITes hub of Pune- Hinjewadi. Close proximity to University of Pune, Law college, Shivaji Nagar, Pashan and Bavdhan, adds to its overall credentials. Excellent connectivity to Aundh road makes Baner a desirable choice for developers.
Baner is also connected to the Silicon Valley of India- Bangalore, via the Pune-Bangalore Highway. The proximity to organized retail and all kinds of commercial development from Baner is above average.
Baner is one of the hottest realty destinations among IT professionals due to its proximity to Hinjewadi IT Park. Since the locality is close to Mumbai-Pune Expressway, Baner is also preferred for residential purpose among the Mumbaikars
The project offers amenities like Landscape design by renowned architect from Singapore, Seating Pavilions, Comfortable ramp for luxury cars, Driver’s dormitory with staff toilets in stilt parking, Provision of more than 3 car parks per apartment with additional guest parking, Private elevators with Access Card security opening in apartment lobby, Stretcher Lift in each building and Society office, conference room and much more
The Spires, exquisite residential apartments and penthouses with an uninterrupted view of the Mula river. It is an 18 storey Twin Towers project by Pride Group. The rate per sqft going on is Rs 11,000. The price of the apartment ranges from Rs 3.98 crores to Rs 4.81 crores.
As far as I know the project has been approved by PMC and banks like HDFC, ICICI, LIC, Axis and IDBI. The estimated possession of the project is by three years from now.