Will property price appreciate in Undri, Pune?

Q: Is investing in Undri near Pune a good bet? Will the property price appreciate in the coming year?

Shrabani Deodhar, Pune

20th July 2018

Investment Advice in Undri, Pune

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Replies (2)

It is best to invest in areas which are going to be developed rather than investing in areas which are already developed and are going to reach a saturation point for maximum returns. Invest in Mumbai-Pune corridor for greater returns in the next 5-10 years. Undri and its nearby areas provide for a good investment opportunity. Located approx. 3 Km from NIBM, and 2 KM from Hadapsar, the area has a great potential for development. If you want more information on Undri and the properties for sale in Undri, click this link Properties for sale in Undri, Pune

Nitesh Patil, Pune

20th July 2018

Comment

Hi,
Undri is a prime residential area located in the southern part of Pune. The locality came into limelight after saturation on the NIBM Road. It is very close to Hadapsar, which is one of the major commercial zones of Pune and has three SEZ - Phursungi IT Park, Magarpatta City, and Amanora Park Town. There are a few major roads which run through the area - Kondhwa Road, Mumbai - Hyderabad Highway, Solapur Road, etc. It takes about 45 minutes from Undri to reach the airport in Pune. The Pune Junction railway station is approximately 10 km away from Undri. Due to the presence of nearby IT Hubs, Flats for rent in Undri, Pune is also in huge demand. Properties in Undri Pune also available at an affordable rate for mid-income groups.

Chandra Kantraut, Pune

20th July 2018

Comment

Yes, there is no doubt about this upscale locality. Undri is one of the fast developing suburban areas of Pune and also an industrial zone and IT Hub of Pune. The area has good civic amenities and is very well connected to other parts of the Pune city. Due to the presence of various IT majors and multi-national companies, Undri has been witnessing a rapid flow of working population outside the city. The civic amenities have also improved. The area has extensive bus services and the Katraj Bus Stand and the Market Yard Bus Depot lie in close vicinity. Hadapsar is the nearest railway station to Undri from where the railway services can be availed. It also offers good social infrastructure to its residents. The current property rate in Undri is Rs.5000 per sqft. Considering the price trends in Undri and the rising demand, Undri would prove to be a good investment if you have a long-term overview.

Vinay Sharma, Pune

20th July 2018