Pune is considered as the epicentre of Maratha culture and ethos, still carries forward the legacy. It is known as one of the vivid and burgeoning metropolis in India. Spread across an area of 430 Sq.Km., it has a population of around 7.5 million making it equivalent to major Asian cities such Shanghai & Tokyo etc. Pune is entitled as “Oxford of the East” and “Detroit of India”, it boasts of a robust educational hub, manufacturing, and automobile businesses. Most of the renowned companies such as TATA, Saint-Gobain & Bosch etc have foothold in this region.
To further modernize Pune city, the government has taken numerous initiatives with respect to infrastructure development to decongest Pune traffic and provide easy accessibility to various areas. Plans are underway for construction of Pune’s Ring Road, Pune Metro, new airport, numerous subways and flyovers. Once completed, it is likely to provide excellent connectivity within Pune and nearby cities.
Overall, the sector is expected to register a positive growth over the long run driven by favourable reforms by the new single majority government at the centre and commercial growth potential of this city. Growth in real estate prices in Pune is expected to grow further on the back of IT and manufacturing companies that offers significant employment opportunities and in turn, keep the residential demand stroking.
Understanding the significance of the Pune real estate industry, Square Yards presents a list of top 5 projects that are anticipated to give good returns in near future.
Kolte Patil Western Avenue is a very promising project in North Pune. It is located in Wakad. Kolte Patil is well connected to Bypass Road, Kalewadi Main Road and Wakad Road. The project spreads over an area of 33 acres and incorporates all the amenities like multipurpose clubhouse, luxurious gym etc. for the entertainment and fitness purpose of the resident. It is an ultra-luxury project comprising of 2&3 BHK options, maintaining a perfect balance of luxury, comfort, greenery & tranquillity.
Yashwin Royale is a state of the art project located at Narhe, Pune along the Kolhapur- Mumbai highway. It makes the best use of the floor area inculcating travel friendly features. The project is designed as per the resident’s comfort and provides all the facilities to satiate the desire of residents for a luxurious lifestyle. It is said that the project prefer the amenities of a hotel but comfort of a home. It offers 1, 2, 3 BHK different sizes apartments. It is a smart project making the best use of all the available resources. Vermiculture pits (organic waste composters) and AAC block walls are used for lower heat transmission and prevention of pollution ensuring a greener lifestyle.
Purvankara Silversands is a luxury project in Mundhwa in Keshav Nagar, Pune. It offers all the class apart amenities like a lagoon with a wave pool, snorkelling pool, sunken bar, koi pond, hammocks and a golf putting range ensuring a lavish lifestyle. It is the most sought after project on the back of proposed Pune ring road that will help the further connectivity and reduce decongestion. Pune International Airport is located at a distance of 10kms. Surrounded by greenery and beautiful landscapes the apartment is believed to be a dream abode. The project offers 1,2,3,4 BHK luxury and well – ventilated apartments.
Tata La Montana as the name suggests, is inspired by Spanish style of architecture. A Tata Housing Project, its 3rd phase has been launched recently. Being located on old Mumbai-Pune highway, this project shares a good connectivity with Pimpri Chinchewad Municipal Corporation (PCMC) and Hinjewadi IT Parks. It also offers a good road and railway connectivity. Lonavala and Talegaon Railway stations are located in close proximity. The project is acclaimed for delivering the finest quality in terms of project specifications and amenities.
Godrej Infinity is a 43 Acre residential development located on the banks of the Mula-Mutha River, in Keshavnagar, Pune. The project is specifically designed to offer a healthy lifestyle incorporating a state of the art clubhouse, swimming pool, well equipped gym, kids play areas, jogging & cycle tracks. It shares an easy access from the airport and railway station. Amanora Town Centre, Phoenix Market City and Inorbit mall are situated in the vicinity providing ample opportunity for fun and entertainment purposes. Godrej Infinity is also in close proximity to IT/ ITeS hubs at Kharadi, Kalyaninagar and Magarpatta. Godrej Infinity offers well equipped and lavish 1, 2, 3 BHK bedroom residences. Every apartment of Infinity is designed with utmost perfection to meet all the requirements of the residents.
