Is Bhugaon in Pune good for end users?

Q: I am planning to buy a 2 bhk a flat in Bhugaon, Pune and my budget is 40-45 lakh? Is the locality has the potential for good ROI?

Keshavrao Jedhe, Pune

25th July 2018

Buying property in Bhugaon, Pune

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So Keshav, you are saying that Bhugaon is a good place to buy an apartment?

Sujan Azad Parikh,

26th July 2018

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As far as localitys connectivity is concerned, Bhugaon has improved infrastructure in terms of connectivity. Paud Road is a major connecting road in Bhugaon, which has now been widened to 180 ft. The locality is well-accessible from developed and commercially improved areas of Kothrud, Bavdhan, and Hinjewadi. Shivajinagar is the nearest railway station to Bhgaon which is located at a distance of 7 km. IT Parks of Hinjewadi and multi-national companies such as Oracle are the employment hubs near Bhugaon. The locality provides all kinds of social amenities to live a happy and peaceful life. The presence of commercial hubs in and around the locality is making Bhugaon a desirable working, as well as a residential destination of Pune. The average property rates in the area are Rs.5100 per sqft. On the other hand, Kothrud offers property starting from Rs.9350 per sqft. Affordability is the only factor which that is attracting the investors as well as the end users in Bhugaon.

Upendra Limaye, Pune

25th July 2018

Comment

Yes, the average pricing range for properties in Bhugaon ranges between Rs 5,100-6400 an sq ft, as compared to the average of Rs 9400 an sq ft in Kothrud. Affordability is the prime factor that has been attracting both buyers and investors to Bhugaon. Further, Pune International Airport is just about 24 km away via both the Paud Road and the Mumbai Pune Bypass. Paud Road is the major road which has already become a six-lane drive, and this has also pushed demand for real estate market in the neighboring locations. Most of the buyers who have invested in Bhugaon are looking forward to capital appreciation. Flats in Bhugaon available at affordable rates than Kothrud and Bavdhan. But you investment period should not be less than 5-7 years for a good ROI. As per your requirement, we have searched few properties, to get more info, click this link Flats for sale in Bhugaon, Pune

Deepti Baragur, Pune

25th July 2018

Hello Keshav,
Bhugaon is among the top preferred residential destination in the west of Pune. It is surrounded by some of the prominent localities such as Baner, Bavdhan, Pirangut, Aundh, Deccan Gymkhana, Balewadi, Dhayari, and Karve Nagar. The average property rates in Bhugaon, Pune is Rs.5100 per sqft. This locality is well-connected to various developed localities and a number of schools, colleges, malls, hospitals, banks via an excellent network of railways and roadways. Properties for sale in Bhugaon, Pune is available at affordable rates. Locality is good for investment as well as for end users due to its proximity to various employment hubs.

Suraj Kalled, Pune

25th July 2018

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