Pune is a great place to settle down, and it was even considered the most livable city in India in 2018, according to a survey conducted by the Ministry on Housing and Urban Affairs. There are many reasons for this, including the thriving IT industry, excellent educational institutes, and the availability of affordable housing in the city outskirts.
Population of Pune
Following is the population figures in Pune:-
Particulars | Census (2011) | Estimate (2022) |
Total Population | 31.24 lakh | 50.57 lakh |
Male | 16.03 lakh | 26.56 lakh |
Female | 15.20 lakh | 24 lakh |
Take a look at the top 8 locations for real estate investment in Pune in 2023.
Hadapsar
Hadapsar is a prime location for real estate investment in Pune. ( luxurious flats in Pune ) Situated in the eastern part of the city, it offers excellent connectivity to other parts of the city. The area has several IT parks, making it an ideal location for those working in the IT sector. The presence of shopping malls, schools, and hospitals also adds to the appeal of the place.
Property Rates in Hadapsar
Locality | Type of Property | Average Sale Price (Rs. per square foot) |
Hadapsar | Residential Apartments | Rs. 7,200 |
Amenities in Hadapsar
Facilities | Names |
Educational Institutes |
Lexicon School
GIIS S. M. Joshi College
|
|
|
| Shopping Centres |
Seasons Mall
Amanora Mall VCC Mall
|
|
|
Hospitals |
|
Remedy Hospital
Lotus Hospital
|
|
Transportation |
PMPL Buses
Proposed Metro Line Magarpatta Road
|
Baner
Baner is another popular location for real estate investment in Pune. It is situated in the western part of the city and offers easy access to the Mumbai-Pune Expressway. The area has several IT parks, making it an ideal location for those working in the IT sector. The presence of shopping malls, schools, and hospitals also adds to the appeal of the place.
Properties Rates in Baner
Locality | Type of Property | Average Sale Price (Rs. per square foot) |
Baner | Residential Apartments | Rs. 7,500 |
Amenities in Baner
Facilities | Names |
Educational Institutes | |
|
|
| Shopping Centres |
Primrose Mall
Regent Plaza Mall Westside Baner
|
|
|
Hospitals |
|
Jupiter Hospital
Dhanwantari Hospital Elite Healthcare
|
|
|
Transportation |
Proposed Metro Line
NH-48 Baner Aundh Road
|
Aundh
Aundh is a well-established residential area in Pune and is a popular location for real estate investment. The area has good connectivity to other parts of the city and is close to the Pune-Mumbai Expressway. The presence of schools, hospitals, and shopping malls makes it an ideal location for families.
Properties Rates in Aundh
Locality | Type of Property | Average Sale Price (Rs. per square foot) |
Aundh | Residential Apartments | Rs. 9,700 |
Amenities in Aundh
Facilities | Names |
Educational Institutes | |
|
|
| Shopping Centres |
Westend Mall
Centriole Mall Jaihind Mall
|
|
|
Hospitals |
| |
|
|
Transportation | |
Wakad
Wakad is a rapidly developing area in Pune and is a popular location for real estate investment. The area has good connectivity to other parts of the city and is close to the Pune-Mumbai Expressway. The presence of several IT parks makes it an ideal location for those working in the IT sector.
Property Rates in Wakad
Locality | Type of Property | Average Sale Price (Rs. per square foot) |
Wakad | Residential Apartments | Rs. 6,500 |
Amenities in Wakad
Facilities | Names |
Educational Institutes | |
|
|
| Shopping Centres |
Decathlon
Vision One Mall Phoenix Market City
|
|
|
Hospitals |
| |
|
|
Transportation |
NH-48
Wakad Hinjewadi Road Proposed Metro Station
|
Wagholi
Wagholi is another rapidly developing area in Pune and is a popular location for real estate investment. The area has good connectivity to other parts of the city and is close to the Pune-Mumbai Expressway. The presence of several IT parks and educational institutions makes it an ideal location for families.
Properties Rates in Wagholi
Locality | Type of Property | Average Sale Price (Rs. per square foot) |
Wagholi | Residential Apartments | Rs. 4,500 |
Amenities in Wagholi
Facilities | Names |
Educational Institutes | |
|
|
| Shopping Centres | |
|
|
Hospitals |
| |
|
|
Transportation |
Nagar Road (SH 27)
Wagholi FC Road Warje Malwadi Road
|
Pimple Saudagar
Pimple Saudagar is a well-established residential area in Pune and is a popular location for real estate investment. The area has good connectivity to other parts of the city and is close to the Pune-Mumbai Expressway. The presence of several shopping malls, schools, and hospitals makes it an ideal location for families.
Property Rates in Pimple Saudagar
Locality | Type of Property | Average Sale Price (Rs. per square foot) |
Pimple Saudagar | Residential Apartments | Rs. 7,050 |
Amenities in Pimple Saudagar
Facilities | Names |
Educational Institutes |
GK Gurukul
Challenger Public School Pune University
|
|
|
| Shopping Centres |
Imperial Mall
Westside GK Mall Vision 9
|
|
|
Hospitals |
| |
|
|
Transportation | |
Paud Road
Paud Road is a well-established residential area in Pune and is a popular location for real estate investment. The area has good connectivity to other parts of the city and is close to the Pune-Mumbai Expressway. The presence of several educational institutions and hospitals makes it an ideal location for families.
Property Rates in Paud Road
Locality | Type of Property | Average Sale Price (Rs. per square foot) |
Paud Road | Residential Apartments | Rs. 5,150 |
Amenities in Paud Road
Facilities | Names |
Educational Institutes |
GK Gurukul
Challenger Public School Pune University
|
|
|
| Shopping Centres |
Revolution Mall
Bandal Dhankude Plaza Reliance Mall
|
|
|
Hospitals |
|
Krishna Hospital
City Hospital Dhanwantari Hospital
|
|
|
Transportation | |
Vishrant Wadi
Vishrant Wadi is a rapidly developing area in Pune and is a popular location for real estate investment. The area has good connectivity to other parts of the city and is close to the Pune-Mumbai Expressway. The presence of several IT parks and educational institutions makes it an ideal location for families.
Property Rates in Vishrantwadi
Locality | Type of Property | Average Sale Price (Rs. per square foot) |
Vishrantwadi | Residential Apartments | Rs. 5,150 |
Amenities in Vishrantwadi
Facilities | Names |
Educational Institutes | |
|
|
| Shopping Centres |
Orbit Mall
JD Plaza The Scapers Square
|
|
|
Hospitals |
| |
|
|
Transportation | |
In conclusion, these are the top 8 locations for real estate investment in Pune in 2023. These areas offer good connectivity to other parts of the city, are close to the Pune-Mumbai Expressway, and have several educational institutions, hospitals, and shopping malls, making them ideal locations for families and those working in the IT sector.
Read also: 10 Top Cities in India for Real Estate Investment
IN
France
Germany
Greece
Saudi Arabia
Spain
United Arab Emirates
United Kingdom
United States
