Fastest Growing Areas in Pune
Published on: 27 Mar 2024
The city of Pune, as we know, is an educational and IT hub of India which attracts working professionals as well as home-dwellers of all ages. The city is also blessed with good connectivity & infrastructure. After Mumbai, Pune is the second-largest commercial market in Maharashtra in commercial growth. Owing to this, the city of Pune has witnessed rapid growth in the commercial and residential sectors. As a result, developers and builders too are looking for new project development opportunities in Pune. Let's look at residential areas in Pune that are undergoing the fastest growth.
Tathawade
Tathawade is contributing significantly to the fast development of Pimpri-Chinchwad. It enjoys the best connectivity with Wakad, Hinjewadi, and Ravet. With civic amenities like hospitals, entertainment zones and malls, Tathawade is well known for housing renowned educational institutes such as Indira National School & Indira Group of Institutes, among many others. In the residential sector, developers & builders are offering various amenities like recreational areas, gardens, parking, clubhouses, along with other basic necessities to attract buyers. This is precisely why flats in Tathawade are better and more attractive to new home buyers due to premium amenities at affordable prices.
Tathawade - Indira College
Credits - INDIRA GROUP OF INSTITUTES
Punawale
Punawale is situated on the outskirts of western Pune and is close to the Hinjewadi IT Park. It has a good infrastructure and connectivity to Pune-Mumbai express highway. According to experts, Punawale is becoming a hotspot for residential development due to a budding infrastructure in terms of roads, water supply, connectivity to schools and colleges, and the most crucial - advantage of accessibility to Hinjewadi IT Park. Due to the benefits mentioned earlier, the prices in residential properties show a consistent increase compared to the last few years. This attracts many new home buyers and investors to invest in new projects in this part of the city. This location is one of the fastest-growing areas, which is why the upcoming projects here offer luxurious to affordable flats with the best and top-of-the-line modern amenities.
Hinjewadi IT Park
Credits - Mapio
Keshav Nagar
Keshav Nagar is a suburban Pune close to popular residential areas like Kalyani Nagar, Viman Nagar, Koregaon Park, etc. The growth in this residential sector is due to the proximity to employment hubs, the reason why working professionals choose to live in this area. This location has good infrastructure and connects to the nearest railway station and airport to add to the advantages. Keshav Nagar has reputed educational institutions such as Orbis College, SNBP School, etc. It is close to hospitals like Ankur Hospital and many more. To add to a few of its attractions, younger crowds prefer Keshav Nagar due to its entertainment zones, Amanora Mall & Seasons Mall.
Amanora Mall
Credits - Wikipedia
Ravet
Ravet is a suburban area located on the northwest outskirts of Pune. It is a developing area with residential and commercial spaces with good infrastructure while being situated at the intersection of Mumbai-Pune Expressway and Katraj-Dehu Bypass Road. The Hinjewadi Rajiv Gandhi Infotech Park is close to Ravet, attracting many working professionals. Also, many industries in this area have given real estate a boom. Ravet has many reputed educational institutions like S B Patil Public School and D.Y. Patil College of Engineering, and hospitality centres like Sterling Multispeciality Hospital, Sanjeevani Multispeciality Clinic, and Dhanwantaris Chrysalis, which is one of the reasons why home-buyers choose to invest in this area.
Mumbai-Pune Expressway
Credits - Thestatesman
Marunji
Marunji is a part of the biggest IT hub of Pune, which is Hinjewadi. In recent years, this area has started to gain popularity due to the presence of Rajiv Gandhi Infotech Park, which is the main reason why working professionals are attracted to this area. Accessibility to prime locations such as Hinjewadi, Kate Wasti, Wakad, Shinde Nagar, and Vinode Nagara is easy. Marunji is primarily a residential zone where residential and multi-story apartments are abundant. It has good connectivity to prime parts of the city and, most importantly, to IT parks. It also has good educational institutions such as Alard College of Pharmacy, Akshara International School, and Hospitality centres like Ayushree Hospital, Arihant Clinic, and Mediplus Speciality Hospital. Marunji's attractions also include entertainment zones such as Xion Mall, Prime City Centre, City One Mall, and Premier Plaza Mall, which are among some of the attractive features of this area.
City One Mall
Credits - DestiMap
Although employment hubs and reputed educational institutions appear to be significant contributors, good connectivity and infrastructure are adding to the growth of these areas. If you wish to seek your ideal home in any of the above sites, contact us for real estate advice and expert consultation today.
https://i.ibb.co/CHF9Q4b/Marunji.png
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