Localities in West Pune attract home buyers

Q: For end use Baner and Wakad are the best destination for property buyers.

Anup Soni, Pune

11th March 2015

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Replies (4)

@Rajat,
Because of huge residential projects in the area that are witnessing good demand not only from buyers for end use but also from investors. Looking at the increasing the demand and scope of appreciation in future, investors are impatient on owing a home in Baner.

Sukhwinder Kher, Gurgaon

12th March 2015

Comment

Hi everybody,
It is also seen that the new housing development in the Baner is the result of expanding IT Job oppotunities. Students and professionals community here to run after career related opportunities and hence start looking for a reasonable accommodation every year.

Rajatrawal, Mumbai

12th March 2015

Comment

Thanks for the detailed information,
How is the residential demand in Baner? Did developer fulfill the demand of the buyer? How is the infrastructure development in the locality?

Abhijit Pawar, Pune

11th March 2015

Comment

Yes, there is an increased demand for housing in Baner which is has resulted in increased supply of affordable homes. Realizing the need of the hour, developers of the city have launched their residential projects in the right time to match well with the housing need of buyers from all budgets.

The area is well developed in terms of physical and social infrastructure. It has presence of schools, hospitals, vegetable markets, banks and other convenience stores close.

pradyumanapte, Mumbai

11th March 2015

Hi,
Baner and Wakad in Pune have recorded maximum interest from property buyers for end use. Over 45% of the total demand for properties in Pune was strong in West Pune and both the localities come out as the most preferred destinations.

pradyumanapte, Mumbai

11th March 2015

Comment

Hi Pradyuman,
Do you know what makes these localities high on demand? What are the major advantages of these localities as buyer?

Abhijit Pawar, Pune

11th March 2015

@Abhijit,
According to the industry experts, both Wakad and Baner have growth drivers that have led to the development and increased high buyer interest.

Baner:- located on the eastern side of Dehu-Katraj bypass on NH-4 in Pune. The main advantage of this area is its closeness to Pune Expressway, Hinjewadi IT Park, Mumbai-Pune Highway and Pune Expressway, making it a favourable place for professionals.

pradyumanapte, Mumbai

11th March 2015

Similarly,
Wakad, observing more large no of developments across real estate, IT, automobile and manufacturing sectors. What makes buyers invest here is its proximity to the Pune-Mumbai Expressway followed by IT corridors and quality residential spaces.

pradyumanapte, Mumbai

11th March 2015