Why Pune West is the best choice for real estate investment?

Property investments in Pune have geared up in the last few years because and the credit can be given to the varied employment opportunity in the city. Pune harbours one of the largest IT hubs of India and witnesses mass migration of techies every year. Along with it, the city also houses other industries such as manufacturing, electronics and automobile sectors that covers considerable working populace of the city. The enormous socio economic and industrial growth of Pune has boosted the varied employment option that has attracted aspired jobseekers to migrate in Pune.
As a result, the real estate market of Pune has experienced an upraise in the last decade. With the government flagship projects like Pradhan Mantri Awaas Yojana (PMAY) and initiatives such as Real Estate Regulatory Authority), home buyers in Pune are now more confident. However, it is an established fact that the real estate investors in Pune City are always in a slight dilemma while choosing the home options amongst its eastern and western proximities. While both have their own essence, today we will discuss the fact that home buyers can have a slight inclination towards Pune West, and here are the reasons, why??
Major IT Hub in Pune West:
Amongst the several areas of the city, the existence of famous Hinjewadi MIDC with the prime Rajiv Gandhi Infotech Park has been the booster for the real estate development of Pune West. The development of Hinjewadi workplace has motivated the mass employment, with the opportunity of the real estate and other infrastructural development of this area.
Posh Areas and strategic neighbourhoods with quality Lifestyle:
The top localities of Pune west are Hinjewadi (3 Phases), Wakad, Baner, Pimple Saudagar, Rahtani, Pimple Gurav, Balewadi, Punawale, Moshi and newly developed Urse. The entire western Pune is majorly captivated by the cosmopolitan techies due to the workplace proximity. It avoids hectic travel time to work and as a result one can spend quality time with family and friends. Several urban facilities such as banks, shopping malls, restaurants, entertainment hubs and others have made the areas in Pune West as one of the most convenient residential places.
Superlative Infrastructure:
Pune West is blessed with good and well-planned infrastructure. Additionally, the upcoming metro network is about to add and ‘extra feather in its cap’. Constructions for Pune Metro has already begun and once it is operational, it is going to establish a smooth connectivity of Pune West with other parts of the city. The flyovers and traffic diversions has been made to manage peak hour hassles.
Easy Highway Connectivity:
The dual proximity of the superlative corridors of Pune Bangalore Highway (NH-4) and Pune Mumbai Expressway have positioned Pune West as one of the convenient residential destinations. The vibrant neighbourhoods of Hinjewadi, Wakad, Baner, Aundh, Pimple Saudagar, Balewadi etc have experienced major demand in recent years because of IT development and its vicinage to highway.
Wide Investment options:
The areas in Pune West namely Hinjewadi, Wakad, Baner, Aundh, Pimple Saudagar, Balewadi etc has become the preferred options for property investments as the areas offer a great range of housing varieties starting from exemplary premium till budgeted options. Interested home buyers can make their choice from the options such as apartments, row houses, pent houses, twin bungalows individual villas and so on. As predicted by the experts, the properties in Pune West are going to yield exceptional ROI in future. These localities in Pune West have witnessed the preference from the NRI investors, the most. Homes investment in Pune West is one of the important sources of rental income for several buyers too.
Development of the micro markets boosts affordable housing:
With increase in job migrants every single day, the development of real estate micro markets in Pune west have open an opportunity of affordable houses. The areas like Punawale, Moshi etc offers ideal options for people who wishes to live in serenity and have accessibility to natural lush places. The price range for properties in Punawale or Moshi are well within budget and thus it can be alluring for several home buyers to pitch in for these locations.
A wise decision can make better tomorrow
Buying a home is a once in a lifetime decision for general mass and one would wish to make a right selection before spending the hard-earned money. A wise investment today, can create a pathway for maximum profitability tomorrow. Hence, it is always advisable to select a trusted real estate brand because your money should be spent wise.
Pharande Spaces is one of the prime real estate and construction brand in Pune and PCMC. Transparent and ethical business practices, customer-centricity, modernization and quality commitments, are their main pillars of success, which have gained them enormous praise from the customers and helped them to acquire the position amongst the top-notch realtors.
Here are some ongoing projects of Pharande Spaces in Pune West region.
For more details visit on http://www.pharandespaces.com/
Kindly share your opinion on real estate investments in Pune west in the comment section!