Pune ranks as one of the top real estate markets in India. It is gaining the attention of home buyers and investors due to the growing population, strong economy, and favorable investment climate which any real estate company in Pune wishes for. The burgeoning IT, manufacturing, and automobile industries are boosting the demand for residential and commercial properties. The well-developed infrastructure, connectivity, and vibrant social life are driving the residential projects in Pune, and the trend is expected to continue in the coming years.
Let us explore areas that promise a good return in the form of rentals and property value appreciation:
1. Kharadi
Kharadi is a leading IT hub of Pune and boasts major IT parks such as EON Free Zone, Zensar Park, and Gera Commerzone. Housing Pune’s World Trade Center and offices of prominent IT giants. The region has excellent road and metro connectivity to major commercial and residential hubs like Koregaon Park, Cyber City, Viman Nagar etc. Kharadi is equipped with noteworthy schools, educational institutes, hospitals, and retail complexes, creating a hotpsot for buying 2, 3 and 4 BHK flats in Pune.
2. Pimpri Chinchwad
Pimpri Chinchwad is in the northwestern part of Pune. It is one of the major industrial hubs in not just Pune but also in the Asian continent. The region is home to major IT and manufacturing MNCs which are responsible for driving the economy of the region. The development of many residential and commercial complexes offers a good opportunity for investors. This is mainly because there are many affordable projects in Pimpri Chinchwad whose prices are lower compared to the other 2 BHK flats in Pune. Investors can earn good returns by investing in real estate here for longer periods.
3. Hinjewadi
Hinjewadi is the IT hub of Pune as many IT MNCs have their offices here. This makes Hinjewadi an employment hub and residential area with many IT professionals living in flats in Hinjewadi. This is the reason Hinjewadi is well connected to the rest of the city and has a strong social infrastructure. It is connected to other hubs of Pune through the Hinjewadi-Aundh Road, Mumbai Highway (NH-48), and Dange Chowk Road. The Pune Mahanagar Parivahan Mahamandal Limited (PMPML) provides regular bus service to the area. The 23 km metro line and the proposed 128 km ring road will further add to the comfort and mobility of those residing in 2 BHK flats in Hinjewadi.
4. Bavdhan
Bavdhan is a green and beautiful location along the Western Metropolitan Corridor of Pune. It is in the valley and surrounded by hills on all sides loved by nature lovers. Bavdhan is well connected to the city of Pune via State Highway 60 which passes through it. The location boasts of the best 3 BHK flats in Pune it attractive for investors.
Original article published on https://www.ezeebiz.in.
Article source: https://www.ezeebiz.in/exploring-real-estate-investment-strategies-for-high-returns-in-pune/.