What are some of the best areas to invest in real estate in Pune for good appreciation?

Q: One of my friend who recently bought a flat in NIBM Road, Pune? How far is the basic utilities from the locality?

harshidhi,

5th October 2018

Buying property in NIBM Road, Pune

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Real estate in Pune city is developing as swiftly as the city itself! In Pune, there are some strongly established as well as quickly growing IT-driven areas. Some of the best residential areas Kalyani Nagar, Kharadi, Bavdhan, NIBM.

sakshi deshmukh,

11th February 2019

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Kalyani Nagar is an amazing residential area. Plus it is surrounded by some really good ones like Koregaon Park, Vishrantwadi, Viman Nagar, Kharadi and magarpatta. I suggest F-Residency& Water-bay are the best project to buy a flat in Kalyani Nagar.

puja patil,

1st February 2019

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What are the key growth factors which attracted the home buyers in the past? How is the connectivity of this locality to the other parts of the city via rail and road?

harshidhi,

5th October 2018

Comment

Well Harsha,
With emergence of different IT majors and other multinational companies, The Pune city has been experiencing an increase in migrated people outside the city due to vast job opportunities. As a result, there has been a rise in buying properties in NIBM Road. NIBM Road has also gained popularity in the past due to its proximity to Kondhwa, Camp, Hadapsar, Wanwadi, Katraj and Pune Cantonment. Not just the price appreciation, investors can also earn healthy rents from their investment as well.

Pravakar Saxena, Pune

5th October 2018

Above mentioned facilities make NIBM a lucrative option to invest in commercial and residential property. The government has also taken up development of infrastructure in this area on a fast track basis leading to a sudden spurt of many new roads which are making living in this area very convenient and comfortable in near future.

Though people already know the growth potential of this area, top real estate developers in Pune have kept pricing very affordable and hence this is not just the best area in Pune to invest in, but it’s also the best time to invest. Also, there are so many Luxury projects in nibm are in under constructions.

Kundan Spaces presents Presidia, luxurious flats in NIBM Pune with a bunch of lifestyle amenities and high-end specifications. Its unblemished design with a finest space planning and infrastructure makes it perfect choice to reside on.

patilrishi, Pune

16th October 2018

Hi Harshidhi,
NIBM Road has become one of the prime and preferred residential locality, situated in the south-eastern parts of Pune city. It comes under Pune Municipal Corporation Limits. The locality gets its name from National Institute of Banking Management (NIBM Road). It is a 3.5 km long stretch connecting Kondhwa Road to Katraj-Hadapsar Bypass road. You can find affordable to luxury apartments along the road. The area offers all necessary infrastructure which make it ideal for living. Proper traffic management system at the same time well-organised and right-sized roads are acceptable during peak hours. If you are planning to buy properties in NIBM Road Pune, then it will be a right decision for you as the localities is growing day-by-day and it is expected that in the coming days, it will give you good ROI.

Rajiv Bajaj, Pune

5th October 2018

Comment

Apart from that, the locality is well-connected to other prime areas of the city such as Koregaon Park, Kalyani Nagar, Kharadi and Swargate within 5-10 km. It is very closely located to Hadapsar, which is one of the major commercial zones of Pune and has three SEZs - Phursungi IT Park, Magarpatta City, and The Amanora Park Town. The transport system of this area is also good with city PMPML buses and auto rickshaws plying at a regular interval. Good connectivity, planned neighborhood and presence of all kinds of social and physical infrastructure have encouraged the demand for properties here. Also presence of social infrastructure makes it an ideal place to live in. If you are planning to invest in NIBM Road then, here are some of the best residential projects in NIBM Road, Pune which can offer you handful of return in the year to come.

Pravakar Saxena, Pune

5th October 2018