Pune has quickly become one of the more trusted markets to invest in. While properties and projects have are shooting up all over town, it is a dilemma for investors to pick an area to invest in. The area that is showing the most promise is the western part of Pune because of its location and proximity to important facilities and landmarks.
Western Pune includes Kothrud, Baner, Deccan Gymkhana, Bavdhan, Sinhagad Road and other upcoming areas. These areas have risen in terms of development and the number of residential and commercial properties in the past couple of years. Their proximity to educational institutions, IT and Tech Parks, hospitals, malls and theaters combined with well maintained facilities such as water and electricity have made them popular with investors.
Educational institutions attract students from other states, especially in Pune. Finding a rental close to college will be on top of the priority list for these students, which is perfect for owners looking to rent out their flats or houses. The same is true about IT and Tech Parks, which attract job seekers from all over the country. When it comes to emergency situations, it is always better to have a hospital nearby and easily accessible, which is the case with these areas. The above mentioned areas have various malls and theaters making them even more attractive. As mentioned in the previous blog post, roads are integral to the development of real estate. The well made concrete roads in the West of Pune are a huge factor in their popularity.