Top 5 Most Expensive Areas in Pune
Published on: 16 Mar 2024
With the fast development the city has been witnessing, Pune has a lot to offer with respect to amenities and options for the residential luxury segment. This city has been a popular location among buyers & individuals, especially Non-Resident Indians (NRIs). Flourishing as the cultural capital of Maharashtra, Pune is emerging as the new home to some of the poshest locations one can find. According to real estate experts, this city has also caught the attention of builders, developers, and real estate investors. Let’s find out why.
Here’s a list of the top 5 most expensive areas in Pune that are the perfect mix of elegance & comfort.
Koregaon Park
Among many localities in the city, Koregaon Park is one of the most prominent locations. Earlier known for its cleanliness & greenery, KP has several spas, saloons & the age-old Osho Ashram, which gives the area good historical relevance. Budding with a luxurious residential landscape, this locality has also seen growth in the commercial sector. One of the many perks of residing here are - its nightlife, vast number of European and Indian restaurants, pubs, live music restaurants, and other hangout spots. Offering something for each age group, Koregaon Park is also known for its shopping and entertainment destinations that attract crowds from all over the city.
The Westin Hotel, Koregaon Park
Credits - TripAdvisor
Baner
Baner is a well-known residential and commercial hub in the city's northwest. Bordered by Pashan to the south, Balewadi to the west, Aundh to the north, and Pune University to the east, this location is occupied by various IT companies. These factors add to Baner's convenience while also driving the demand for the residential sector. The locality is surrounded by several reputed educational institutions & healthcare facilities. Also, the entertainment zones such as malls and other amenities make this locality an attractive place.
Baner Hill
Kothrud
Like a few other areas, a residential neighbourhood in the heart of Pune, Kothrud, has witnessed a boom in residential & commercial real estate. Surrounded by & home to many reputed educational institutions, the capital of Pune city is also known for the Mrityunjaya Temple that dates back to Peshwa times. With this adding a touch of historical importance, Kothrud is often preferred as the residential location by several local home-buyers.
Kothrud
Credits - MGB AMAR SINGH
Aundh
Aundh is a residential locality in the northwest of Pune surrounded by Baner and Pashan. An upscale and affluent neighbourhood, Aundh is one of the oldest localities of Pune. A good infrastructure, proximity to the Mumbai-Pune expressway, various places for entertainment & recreation make this location one of a kind. A popular hangout place for all ages, Aundh has shopping malls theatres & is also a famous business hub for working professionals.
Westend Mall, Aundh
Credits - Ajay Salvi
New Kalyani Nagar
With proximity to Koregaon Park & Kalyani Nagar, New Kalyani Nagar benefits from posh malls, shopping complexes & movie theatres of Pune. Some of the best nightclubs & restaurants are also located here. With quick access to business hubs, government offices, and the airport, this locality is one of the sought-after locations for residential housing. Some of the projects in this area match international residential housing standards and often attract local & foreign nationals.
Novotel
Credits - Booking
If you are looking forward to purchasing your dream home in any of the above locations, reach out to us at Estatemint, and we will find just the perfect dream home for you.