Buying properties in Baner, Pune

Q: How is the locality of Baner in Pune in terms of living, connectivity, transportation and infrastructure? Why is the locality in huge demand these day?

Hamsika Iyer, Pune

18th July 2018

Buying property in Baner, Pune

pune

real estate in pune

properties for sale in pune

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Replies (4)

Hello Ladies and Gents

Is it worth buying a reasle Property in Rohan Seher phase 1 today
Are the owners face any issues problems with the stay society
I see a lot of pricing on the Internet for resale units, although doesnt look geniune what rates should anyone expect for this 5-6 years Old property
Thanks

Sagar, Pune

20th September 2018

Comment

True that Baner has seen a lot of development over the last few years.

Sujan Azad Parikh,

19th July 2018

Comment

Yes, I agree with you both. I am working in Pune last 7 years and experienced the same. Due to planned roads, fast urbanization and massive developments have made Baner worth of investment. At the same time, Baner is home to many famous restaurants, cafes, and Pubs. The average property rates in Baner is Rs.7300 per sqft while in adjoining areas such as Balewadi Rs.7150 per sqft. Most of the property related inquiries from NRIs originating from Pune, from IT sectors, and other industries. They can see the future appreciation in this area and want to settle in Pune when they relocate. As a result, the price appreciation of Baner properties has been in huge demand over the last 3-5 years. This locality is also included in the PM's Smart City Mission. If you are planning to buy an Flats in Baner, then this is the right time for you as the implementation of RERA and GST have made the real estate market more transparent and affordable.

Keshavrao Jedhe, Pune

18th July 2018

Comment

Hi Hamsika,
Baner is one of the best areas to live in. It is located off the Katraj-Dehu Road Bypass. The Mumbai-Pune Expressway is the most important infrastructure for Pune. Cost of living is marginally high here. The locality of Baner is very close to Hinjewadi IT Park so the commute will not take much time. It has a variety of restaurants and shops for daily need. It looks like the Koregaon Park of west Pune. With its strategic location, the presence of good social infrastructure, proximity to the Pune-Mumbai Expressway, and IT Hub of Hinjewadi, and accessibility to Central Pune are some factors which boost the realty market of Baner.

Upendra Limaye, Pune

18th July 2018

Comment

Baner is situated in the west of Pune. It is strategically located just off The Katraj-Dehu Road Bypass. The presence of the IT Park at Hinjewadi has contributed significantly to the increase in demand for Properties in Baner, Pune. A number of companies have set up their base in Baner. A 120-feet long road is connecting Balewadi, Wakad, and Baner. Real estate companies like Pride Purple Group, Marvel Realtors, and Properties have their projects in this locality. The Smart City corporation, which has already planned a transport hub in Baner. Investing in residential properties in Baner will surely give good return in the days to come. A number of good projects are currently developing in Baner. These are Lodha Belmondo, Kalptaru Jade Residency, Shagun Perfect 10, Pristine Equilife Homes, Puraniks, Aldea Espanola among few.

Anup Soni, Pune

18th July 2018