Pune Real Estate Property hot locations and market overview

| Category:- Real Estate
19th March, 2025

Popularly known as the cultural capital of Maharashtra, Pune has seen a constant growth in real estate sector. A thriving, vibrant metropolis, Pune is a center of academia and business with its baffling mix of capitalism, spiritualism, old world charm and modernity. Initially, the IT industry took its space in the city which later led to an increase in the real estate industry. The job opportunities attracted several people towards this city and the demand for housing raised. It’s the right time

The Pune property market has received the right kind of interest and it has rapidly become one of the major places of excellence in India to live in or also to invest in 2BHK apartments and 3BHK Apartments. Pune's closeness to Mumbai and thriving engineering, automobile, education & IT sectors and year round good weather make it an ideal place for living.

Pune’s real estate market is considered to be resilient because the city is much dependent on IT sectors and also their prices were affordable. A booming IT sector, heavenly climate, proximity to many tourist destinations nearby, being an educational hub, this city has everything you would need and welcomes everyone with an open heart. With so many options of localities available to choose from, moving to Pune surely won’t be a difficult choice to make for anyone.

Wagholi and Keshav Nagar as other thriving residential markets in the city. Proximity to key office hubs Magarpatta and Kharadi has propelled the growth of residential markets in Maundhwa, Keshav Nagar, Mumbai-Bangalore Highway, Hinjewadi, Baner, Balewadi and Nanded. West and North-East regions, with the highest demand for housing emanating from the IT/ITeS, BFSI and manufacturing workforce. Areas like Ambegaon, Hadapsar, Balewadi and Nagar Road have continued to attract good demand on the basis of improved connectivity with the key business districts.

Bavdhan Road is sure to become a popular hotspot for residential growth because it can be approached directly from the Mumbai- Pune Expressway. Pune are Kondhwa and Wagholi will also develop faster because of their proximity to regions like Magarpatta and Viman Nagar. Chakan, Chikhali, Pimpri Chinchwad, Talegaon, and Wagholi recorded maximum new supply in the affordable segment. Pune Metro, running between Hinjewadi and Shivajinagar, as a vital project. Few of the well-known locations in Hinjewadi are Phase 1, Phase 2, Phase 3, Hinjewadi Chowk, Marunji road and townships such as Blue Ridge, Megapolis and Life Republic.

Some of the hot property locations in Pune are:

Wakad: Located in the western part of the city, the region is growing in leaps and bounds as far as infrastructure overhaul is concerned. It has also received the largest number of building permissions in the recent past and a rapid development is taking place in the area. The region also offers great scope for commute and one can easily reach educational and corporate hubs of Pune. For intra- city travel, a number auto rickshaw, buses and shared and private cabs are available. The region is also close to the Pune- Mumbai Expressway. Adjacent to Hinjewadi, Wakad has quickly grown into being the educational hub of the Pimpri Chinchwad area.

Wagholi

This is also a developing suburb near the Pune- Nagar Highway and is currently one of the best residential areas of the city that great connectivity to the Pune Airport and Solapur Highway. A number mall, shopping centres, hotels and multiplexes have been constructed here. The social infrastructure is fast developing here with the close proximity of IT hubs and the affordable market housing area is one of the best locations for real estate investment in Pune.

Baner

The region is located near the Katraj- Dehu Bypass Road and would provide great connectivity through Pune Mumbai Expressway. The road infrastructure is quite developed and schools, hospitals and entertainment centres are in close proximity. Baner will become a vibrant real estate market because it is backed by infra projects and also affordable residential complexes.

Kharadi

Kharadi is a popular location among the real estate investors in Pune and there are well developed physical infrastructures here that will offer great connectivity to various parts of the town. It will very soon become a major hotspot of the city because of the regular infrastructure upgrades and growth of commercial projects.

Koregaon Park

Koregaon Park is one of the most elite and prestigious areas in Pune. Primarily a residential area has now turned into a commercial marketplace. Filled with eateries and pubs and popular hangout place for the youth. Additionally, the lush green surroundings and the number of parks make it the best place in Pune.

Kothrud

Kothrud is an area located in the south-west region of Pune has experienced rapid growth in both the residential and commercial markets.

Virman nagar

Most importantly, you can find both luxury and budget residential options in this area.

Wadgaon Sheri

Wadgaon Sheri locality lies along the Nagar road and is a popular residential and commercial neighborhood in Pune. This area is among the best places in Pune to live and is well connected to all parts of Pune making it one of the most sought after localities. Additionally, there are several IT companies, healthcare centers, and educational institutions located in this area.

Kharadi

With good road connectivity to other parts of Pune, Kharadi is an affordable residential option for the city residents.

Hinjewadi

Hinjewadi is home to one of the largest IT parks in India. This place is perfect for people working in the IT industry in Pune. Consequently, with loads of options for eateries, shopping, and entertainment, Hinjewadi is a highly in-demand place for the IT folks.

Baner

Baner is a quiet suburb located in the western part of Pune. Famous for Varkari Parampara and Bhakti Aradhana, Baner is situated very close to the Hinjewadi IT zone. Additionally, Baner is home to quite a number of well-known pubs and eateries in the city making it a good option to live for people working in Hinjewadi.

Phursungi

Located in the south-east part of Pune, Phursungi is a good residential option for people working around the Hadapsar IT hub. Although an upcoming residential area, Phursungi has many food options nearby due to its crowd because of the Phursungi IT park.

Mahalunge

it’s proximity to Baner makes it one of the most desired areas now. Being easily accessible from all parts of the city makes it one of the best areas to live comfortably in Pune.

Pune Nagar Road

Nagar road is the abbreviation for the Pune-Ahmednagar highway. Located in the north-east part of Pune city, this area is lined with many malls, restaurants, Tech parks, and educational institutions. Nagar road has many residential properties which makes it an ideal place owing to its proximity to the city center.

Vishal Nagar

Vishal Nagar is located in the north-west part of Pune city. Close to Hinjewadi, this calm neighborhood is ideal for people working in the Hinjewadi IT area. With scores of options for shopping, eateries, educational institutes, and healthcare centers around this area making it one of the best upcoming residential areas in Pune.

The demographical expansion of Pune housing sector has started from Pradhikaran locality in the city. This place is continually experiencing infrastructural enhancements on all frontiers namely, water and electricity supply, digital connectivity as well as roads.

Sinhagad road stands out from the crowded cramped roads in Pune and it is one single stretch that has shown a tremendous growth over the past few years. Also known as the Tanaji Malusare Path in Pune, Sinhagad Road is grabbing the attention of all home buyers and builders. With well-connected road and sound infrastructure facilities, several developers have launched their projects on this road. Schools, hospitals, roads, markets, malls, etc. are some of the necessities required in the day today life which is available and well established in the locality.

Pune’s property market benefits from the fallout of Mumbai’s effervescent economic climate as well as its own demand drivers. Proximity to Mumbai, presence of large number of Central Government establishments and easy loans by those organisations, student population wanting flats on rent, flourishing IT industry and other industries. Pune City has witnessed a massive inflow of population from various metros. In a short span of five years, Pune has undergone a lot of change in the infrastructure growth, making it the most preferred real estate destination. A unit increase in construction expenditure generates five times the investment multiplying our cash quadrant. The real estate marketers have a bull’s eye on the fast growing cities where there will be a need for ample of infrastructure facilities to be facilitated.

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