Hi Shweta,
Baner has seen historical appreciation of 20-25% and continues to benefit from multiple demand drivers such as calm location, good social infrastructure, proximity to the Pune-Mumbai Expressway and Pune’s original and still most booming IT hub Hinjewadi, and great accessibility to central Pune. It is still one of the most wanted for residential locations in Pune; however, with residential property prices there currently ranging between Rs. 7000–8500/sq.ft.,
Current rental property rates are between Rs. 12000-20000/sq-ft. from 850 sq-ft to 1450 sq-ft. flats.
Hi, How is it as investment prospective after 2 years at Baner, Pune? What is the current residential property price as well as rental value is going on in the locality?
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