Why is Baner an upcoming real estate hotspot in Pune?

Why is Baner an upcoming real estate hotspot in Pune?

Baner has come up as one of the fastest growing residential locations in Pune in recent years. The area has witnessed skyrocketing commercial growth and this has also spurred residential growth here. Baner is located strategically near the Dehu Road-Katraj Bypass. Baner Road is the main road that links to this bypass and this also connects directly to the Mumbai-Pune Expressway. Baner is surrounded by areas like Balewadi, Pashan and Aundh.

Baner is already home to several well-known companies and offers great connectivity and social amenities to residents. Baner already has several residential real estate projects being built by reputed developers and properties are priced between Rs. 37 lakhs and Rs. 8 crore. There are several entry-level, mid-range and luxury projects in the area along with a few ultra-luxurious residential projects. Top developers like Vilas Javdekar, BU Bhandari, Gera, VTP and Runwal have projects in this area.

Key advantages of Baner

Baner offers several advantages to residents. Here’s looking at some of the key advantages of this locality.

  • Baner offers properties in almost every price bracket and there are plenty of options to choose from.
  • Baner offers access to a solid network of major roads including the Baner Road, Dehu Road-Katraj Bypass, Pashan-Sus Road and Mumbai-Pune Expressway.
  • The Pune International Airport is only 18 kilometres away while the railway station is 9 kilometres away from the locality.
  • The National Highway 48 runs just 4 kilometres away from Baner.
  • Baner is located near several top IT companies and is located in close proximity to the Rajiv Gandhi Infotech Park at Hinjewadi as well.

Proximity to Hinjewadi has played a major role in the growth of Baner as a preferred real estate hotspot for IT and ITeS professionals and their families. Aundh has previously benefited from the growth of the IT hub at Hinjewadi and Baner started reaping the rewards of increased demand for housing thereafter. Baner is located strategically near Hinjewadi and hence several professionals prefer apartments here which are near their workplaces.

Baner also offers a lovely landscape complete with mountain ranges and abundant natural greenery. The easy access to the Mumbai-Pune Expressway is another major USP that has led to the growth of residential demand in Baner. The Mumbai-Bangalore Highway is also easily accessible from the area along with major localities like University Road, Aundh, Law College Road and Shivajinagar which are hotbeds for social infrastructure including entertainment and recreational hubs. Baner is also well connected to several parts of the city through the Ganeshkhind Road and is well linked to Wakad, Pashan, Pimple Nilakh and Balewadi among other areas.

The Old Mumbai-Pune Highway is only 10 kilometres away and residents can easily access the Pune-Nashik Highway and Pune-Solapur Highway from here as well. There is the Cummins IT Park located along the Baner-Balewadi Road which is a key commercial growth driver in the area while the nearest railway station is at Shivajinagar which is roughly 9 kilometres away. The Baner-Pashan Biodiversity Park is also a key landmark for tourists and residents alike. There is a solid PMPML bus transport network which goes through the Talegaon Dabhade-Katraj route.

Social Infrastructure in Baner

Baner offers excellent social infrastructure to its residents. Here’s looking at the key social amenities available in and around Baner.

Hospitals:

  • Dhanwantari Hospital
  • Datar Hospital
  • Vishwa Hospital
  • Jupiter Hospital
  • Nucare Hospital

Educational Institutions:

  • International School of Corporate Management
  • Murkute School
  • The Ecole Heritage School
  • Seamedu School of Pro-Expressionism
  • Sanskruti School
  • Aditya Horizon School & Junior College
  • MT Balwadkar Junior College
  • GS Moze College of Engineering
  • Sanjay Ghodawat Institute’s Global School of Management
  • Bharati Vidyapeeth
  • Modern High School & Junior College

Shopping Centres/Malls:

  • Suyash Commercial Mall
  • Primrose Mall

Nightlife:

  • Replay Sports Bar
  • Area 51
  • Apache High Street
  • Funky Kona
  • Effingut
  • Waves Bar
  • Bristo Grills
  • Shree Family Garden Restaurant and Bar
  • Mr Rabbit’s Bar & Burrow
  • 2nd Pint Brew Co. by Flambos
  • The K Factory
  • Playboy Beer Garden
  • Bottlerock
  • The Tap Room by Malaka Spice

Over the years, Baner has steadily evolved into a major hotspot when it comes to restaurants, lounges, bars, pubs and nightlife destinations. Several residents of Pune now make it a point to visit Baner on the weekends and there is the IT and ITeS crowd in nearby Hinjewadi which also throngs the place on a regular basis. As a result, nightlife and recreation are major plus points when it comes to staying in Baner while all other necessary facilities are also within easy reach.

All in all, Baner is the next big realty hotspot in Pune with options to match almost every budget. Baner offers great connectivity and civic infrastructure along with excellent social amenities and a serene landscape. There is ample scope of appreciation in the future and proximity to Hinjewadi and other commercial hubs is a major USP as well.

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