Mumbai Pune Bypass road & Old Mumbai-Pune Highway is becoming a hub for end users & investors.

Rohit Marathi, Pune

6th January 2015

Real estate News in Mumbai-Pune Expressway, Pune

pune investment returns

pune development plans

pune real esatate

residential & commercial projects

pune rental market

capital appreciation

invest in dhanori

investment advice for pune

capital gain

rental gain.

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Replies (2)

Hi Rohit,

In my point of view, those with a slightly higher budget can look for properties in Viman Nagar, where the prices vary from Rs 6,500-8,000 per sq ft. The area has seen a rise of about 19 per cent in the last two years. Here, investors can also earn monthly rental income of Rs 17,000-22,000. The rents have seen a rise of 4 per cent during the Jul-Sep 2014 quarter.

Vatsa Suman, Pune

6th January 2015

Comment

@ rohit,

As per different sources, the under-construction DP Road in Dhanori, the proposed metro line in Vishrantwadi, the expected inclusion of Wagholi in the Pune Municipal Corporation limits along with under-construction roads and flyovers enhancing the connectivity to Kharadi and the city, are some of the upcoming infrastructure developments which are expected to further boost the realty markets of these areas.

Deepti Baragur, Pune

6th January 2015

Hi Mr Rohit,
The International Airport is situated about 10 km north-east of the City Centre and is surrounded by Dhanori, Lohegaon, Viman Nagar, Wagholi and Vishrant Wadi. Except Viman Nagar, all other localities are relatively affordable with capital values falling below Rs 6,000 per sq ft. These areas generate maximum demand from the mid-income group who have a budget of Rs 30-60 lakh. But because these areas are still developing, the presence of investors is more in the region.

Pravakar Saxena, Pune

6th January 2015

Comment

@ Mr Marathi,

As per my knowledge, while the localities around the two roads have presence of both end-users and investors, areas around the airport majorly have investors. With the rental market yet to take-off, these areas are favourable for investors looking to earn capital appreciation with a waiting period of 5-6 years.

Krishnendu, Pune

6th January 2015

@ Rohit,

In my point of view, with city moving beyond Koregaon Park, Kalyani Nagar and Magarpatta, prospects of these areas are bright. Developers already have presence in the area and property prices are low, which allow investors to earn maximum benefits.

property prices in all these localities have increased by 16-17 per cent in the past two years. Buyers can find properties in the price range of Rs 20-80 lakh, with options ranging from apartments to houses to villas.

Priyadarshini, Pune

6th January 2015