Best Localities In Pune For Buying Property (2024)

People love Pune, as it is an ideal city. You can enjoy all the things that urban life offers, but at the same time you also get to experience an ease you would seldom find in a fast-moving city. Maharashtra’s cultural capitalhas that old-world charm, too, about it.

This could be a perfect time for entering the real estate market, as interest rates are their lowest and options are more. Moreover, to help you choose the best deal from the best developer, PropTiger is organising the second edition of India's largest property expo, Right To Home, inPune on 6th and 7th February, 2021. Homebuyers will be able to shortlist properties and get on-spot offers from developers. In addition to this, you will be able to interact with our property experts, get home loan assistance and lowest price guarantee on RERA-approved projects that too, at zero brokerage.

Right To Home PropExpo in Pune - Offline

To register for the Right to Home event and avail of attractive offers and discounts, click here.

Right To Home PropExpo in Pune - Online

If you are planning to have a home in this city, you may like to know which localities are the most in-demand.PropGuidelists these localities for you and shares what kind of projects these offer to a homebuyer.

Hinjewadi

Livability score:8

Average price:Rs6,091 per sq ft

Hinjewadi is one of the prime commercial centres of Pune. The locality, which houses the 500-acre Rajiv Gandhi Infotech Park, is home to many IT companies and multinationals. The locality also offers ample residential options, along with developed infrastructure, making it an apt location to live in, for those working in the area. The locality has been developed in four phases, of which three are completely developed while the fourth phase is still being developed.

Hinjewadi is well connected to other Pune localities through road. However, in a few years, the Pune Metro will make its way into Hinjewadi through Line-III. Work on this route is expected to start in a few months.

Project range:The locality has apartments in 1BHK-4BHK configurations, with starting price range of Rs 35 lakhs to Rs 91 lakhs.

Also read:Top 5 Affordable Housing Projects In Pune

Hadapsar

Livability score:9.4

Average price:Rs6,073 per sq ft

An eastern suburb, Hadapsar is a prominent real estate destination in Pune offering property at premium prices, owing to the development in and around this locality. One of the fastest growing localities in Pune, Hadapsar is surrounded by special economic zones, including the Magarpatta City, the Amanora Parktown and the Fursungi IT Park (SP Infocity), housing offices of some of the prominent IT companies in the city. A Metro network is also likely to connect the locality with the city. The locality already has good road connectivity and well-developed social infrastructure.

Project range:One could invest in apartments in 1BHK-5BHK configurations, with starting price ranging between Rs 33 lakhs and Rs 4.77 crores.

Wakad

Livability score:9.4

Average price:Rs6,680 per sq ft

Located at Pimpri-Chinchwad, Wakad is among the prime residential real estate markets for those working at the IT hubs in Hinjewadi. The locality has strong connectivity and developed civic and social infrastructure. It lies close to the Mumbai-Pune Expressway connecting it to the financial capital of India directly. The locality is also connected to the rest of the city through the robust road network in Pune. In the coming future, the locality will also be a part of the Pune’s Metro rail network.

Project range:Projects here offerapartments in 1BHK-4BHK configurations, available for a starting price ranging between Rs 32.3 lakhs and 1.37 crores.

Also read:Top 10 Ready-To-Move-In Projects in Pune

Wagholi

Livability score:8

Average price:Rs 4,564 per sq ft

Earlier an industrial hub, Wagholi has now transformed into a residential hotspot. The locality, which lies in proximity to other commercial hubs, including Hadapsar and Kharadi, is located close to the four-lane highway linking Pune and Ahmednagar. The road infrastructure in the locality is expected to become better, with the completion of the flyover linking EON IT Park to Wagholi. Still under development, this locality promises property at affordable prices, when compared to its neighbouring peers.

Project range:Projects here have apartments available in 1BHK-4BHK configurations. These apartments can be bought for a starting price ranging between Rs 22 lakhs to Rs 59 lakhs.

Kharadi

Livability score:8.9

Average price:Rs6,727 per sq ft

An eastern suburb of Pune, Kharadi is a well-established property market that houses the MIDC Knowledge Park. The locality is known for its prime properties catering to homebuyers looking for premium and luxury apartments in the suburbs. The locality lies 10 kms from the international airport of Pune and is also well-connected to the rest of the city through the strong road network.

Project range:Apartments in Kharadi are available in 1BHK-5BHK configurations, with starting price ranging between Rs 32.5 lakhs-4.8 crores.

Note: Availability of projects and prices may change depending on market dynamics.