Investment advice in Pune

Q: Which locality in Pune is affordable for real estate investment, Wagholi or Baner?

Sunil Kulkarni, Pune

18th July 2018

Investment Advice in Wagholi, Pune

real estate

wagholi

buying properties in pune

baner

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Apart from that, there are some other factors that make Wagholi a better investment destination. As Wagholi is still in development phase, rates are more affordable than any other posh localities of Pune. It is within 10 km from some of Pune upscale suburbs like Hadapsar, Kalyani Nagar, Kharadi, and Koregaon Park. Being close to IT Hubs of Kharadi, the locality is in huge demand among working professionals. You can reap a high rental yield in your property. Happy Homes, Pristine City, Ajmera Exotica, VTP Purvanchal, Nyati Elan, Kolte Ivy Estate Apartment among few. Here is the list of affordable properties available for sale in Wagholi, Pune. To get more information, click this link Residential projects in Wagholi, Pune

Krishnendu, Pune

18th July 2018

Comment

Hi Sunil,
Wagholi is the better choice, as Baner is 25.5 km far from the Pune City. It is located on the Pune-Nagar Highway. This locality is very close to the IT Hubs of Kharadi. This locality has seen tremendous development in the last 5 years in terms of real estate, social infrastructures, and education sectors. Its strategic location on Nagar Road and superb connectivity with the Pune International Airport, Sholapur Highway, Bund Garden and the Shikarpur-Chakan Road make it easily accessible. Even the property rates are lower than Baner. Average property rates in Wagholi is Rs.4500 per sqft while in Baner, It is Rs.7300 per sqft.

Nikhil Kanetkar, Pune

18th July 2018

Comment

Yes, property rates of Wagholi are quite lower than Baner. Baner is gaining momentum just because of Hinjewadi IT Park. People who are working at Hinjewadi prefer to buy a home at Baner. So, if you have a decent budget go for Baner. A 1BHK Flats in Wagholi will cost you around 25-30 lacs while in Baner, the same flat will cost you Rs.50 lacs onward.

Deepti Baragur, Pune

18th July 2018