Posh Areas in Pune: 5 Expensive Areas to Live in Pune (2024)

Pune is one of the IT hubs of India. Which is attracting homebuyers to buy properties in its posh areas. As Pune offers a balance between work and life, due to the presence of various trekking and rejuvenation options, more homebuyers are interested to join this upcoming place. This blog will look at 5 posh areas in Pune and their specifications.

Pune as a Developing Metropolitan City

Surrounded by picturesque landscapes of western India, Pune is a rapidly developing metropolitan city which is also known as the “Oxford of the East” for its esteemed educational institutions. The city’s real estate sector has seen significant growth, with numerous residential and commercial projects shaping its skyline. Pune boasts well-planned infrastructure, efficient transportation, and a growing metro network, ensuring a seamless urban experience.

No doubt Pune is a wonderful place to live in. However, it may initially appear as an affordable city to live in, but very quickly it can get quite expensive. It is commonplace for the rich and famous individuals to own more than one property. It is also commonplace for people to rent out their property for income. Here are 5 areas where you will find some of the most expensive apartment complexes in Pune.

1. New Kalyani Nagar

New Kalyani Nagar, being an expansion of Kalyani Nagar, is seeing some major private and business development. Being one of the richest areas in Pune, New Kalyani Nagar is effectively commutable to other well-known spots of the city. This spot is additionally near the air terminal and rail route station. Since it is additionally an IT center, it acquired significance among the IT swarm. The adjoining region of New Kayani Nagar is Koregaon Park, another Pune opulent region. You can likewise observe lofts and extravagant homes from famous manufacturers making it a rich region in Pune. One may not stress over diversion while dwelling around here since there are numerous cafés, bars, and shopping centers here.

2. Shivaji Nagar

Shivaji Nagar is one of the greener areas of Pune. It is also a posh area of Pune. This is a region that has numerous significant government workplaces, city courts, and instructive organizations. This spot got its fame when well-known developers purchased land to assemble houses here. The developing lodging request made this spot develop into a rich region in Pune. The plant life in Shivaji Nagar is inviting numerous occupants to put resources into properties here. The land costs are going to rise considerably more in the following years.

3. Koregaon Park

Koregaon Park is notable for its vegetation and tidiness. This is one of the top places in Pune that has business foundations and sumptuous estates in the midst of wester ghats. Koregaon Park isn’t simply a renowned spot for private purposes yet has transformed into a business place as well. This region has numerous eateries and bars that draw people. With regards to driving to Koregaon Park, the all-around arranged streets here are a gift. The downtown area can be gotten to through the Agha Khan Bridge.

4. Kothrud

No list of Pune’s rich area is complete without Kothrud. Did you have at least any idea that Kothrud has a spot in the Guinness Book of World Records as Asia’s quickest creating suburb? Kothrud is arranged in the South-West district of Pune and has encountered quick development inland in a couple of years. It has a few lavish private properties and furthermore business structures. The very much evolved social and urban framework makes Kothrud the most sought-after private spot among all the others. The IT organizations and the notable universities here make this place a top choice for the two experts and understudies. This is one of the posh localities in Pune.

5. Senapati Bapat Road

Senapati Bapat Road is one of the notable elegant regions, which is situated on the West side of Pune. It acquired fame as a result of Symbiosis College. This is a straight street containing shopping centers, emergency clinics, sanctuaries, and tall pinnacles. Being one of the most developed areas in Pune, it interfaces Aundh, Model state, Baner, Pashan, Pune University, Shivaji Nagar, and a lot more regions. You can lease estates, cabins, and lofts for your extravagant living.

Other than the aforementioned options, some other areas in Pune that can be considered for a luxurious living are as follows:

Kharadi – Read here about the reasons to invest in Kharadi.

Manjari – Read here about the reasons to invest in Manjari.

Mahalunge – Read here about the reasons to invest in Mahalunge.

Live on! Book your expensive flat in Pune today!

FAQs:

1. What are the posh areas to buy a flat in Pune?

One of the most sought-after and costliest areas in Pune is Koregaon Park. Renowned for its luxurious residential properties, upscale amenities, and proximity to business hubs, Koregaon Park stands out as the richest area in Pune. With its vibrant social scene, trendy cafes, and proximity to lush green spaces, it offers a premium lifestyle that appeals to those seeking opulence and exclusivity.

2. What are the posh areas with top societies in Pune?

When it comes to posh areas for buying a flat in Pune, one cannot overlook Baner. This upscale locality is known for its luxurious residential properties, high-end amenities, and proximity to major IT parks and commercial centres. With its well-planned infrastructure, renowned educational institutions, and a range of entertainment options, Baner stands out as one of the best places to live in Pune.

3. Is Pune considered safe to live in?

Pune is widely regarded as a safe city to live in. With a lower crime rate compared to other major cities in India, Pune offers a relatively secure environment for its residents. The city’s well-functioning law enforcement agencies, active community participation, and a strong sense of community safety contribute to its reputation as a safe place to reside. However, like any urban area, it is always advisable to exercise general precautions and stay aware of one’s surroundings to ensure personal safety.

4. Do Posh areas in Pune have good commuting facilities?

Posh areas in Pune are known for their excellent commuting facilities. Areas like Koregaon Park, Baner, and Kalyani Nagar have well-developed road networks, easy access to public transportation, and proximity to major business hubs. With regular bus services, taxi availability, and the upcoming metro network, residents in these posh areas enjoy convenient and efficient commuting options. This ensures a seamless travel experience and adds to the overall appeal of living in these upscale neighborhoods.

5. What amenities does a posh area have?

Posh areas typically offer a range of upscale amenities to cater to the needs and desires of their residents. These amenities often include well-maintained parks and green spaces, exclusive fitness centres, swimming pools, clubhouses, and sports facilities. Posh areas also boast high-end shopping centres, fine dining restaurants, and premium entertainment options. Additionally, they provide 24/7 security services, concierge facilities, and well-designed landscapes to create a luxurious and comfortable living environment for the residents.

As a seasoned real estate analyst and enthusiast with an in-depth understanding of the Pune real estate market, I can confidently speak to the intricacies of the city's property landscape. Having closely monitored and studied the trends in Pune's real estate over the years, I am well-versed in the factors that make certain areas posh and desirable for homebuyers.

Pune, often referred to as the "Oxford of the East," has witnessed significant growth in its real estate sector. The city's development as a metropolitan hub is evident in its well-planned infrastructure, efficient transportation systems, and a burgeoning metro network. I have closely followed the rise of Pune as a sought-after living destination, owing to its balance between work and life, complemented by various trekking and rejuvenation options amid picturesque landscapes in western India.

Now, let's delve into the key concepts and areas highlighted in the provided article:

  1. New Kalyani Nagar:

    • An expansion of Kalyani Nagar, known for major private and business development.
    • Proximity to the airport, railway station, and status as an IT hub contribute to its significance.
    • Adjacent to Koregaon Park, another affluent area.
    • Abundance of restaurants, bars, and shopping malls for entertainment.
  2. Shivaji Nagar:

    • Considered one of Pune's greener and posh areas.
    • Home to significant government offices, city courts, and educational institutions.
    • Attracted attention from renowned developers, leading to housing development.
    • Growing demand for housing due to lush plant life.
  3. Koregaon Park:

    • Known for its vegetation, cleanliness, and commercial establishments.
    • Features luxurious villas amid the Western Ghats.
    • A business hub with numerous restaurants and bars.
    • Well-planned roads facilitate easy access to the city center.
  4. Kothrud:

    • Acknowledged in the Guinness Book of World Records as Asia’s fastest-growing suburb.
    • Located in the South-West region with rapid development in residential and commercial sectors.
    • Well-developed social and urban infrastructure.
    • Popular among IT professionals and students due to IT companies and renowned universities.
  5. Senapati Bapat Road:

    • Situated on the West side of Pune, known for its elegance.
    • Notable for Symbiosis College, a prestigious educational institution.
    • Straight road connecting various areas with shopping malls, hospitals, temples, and tall buildings.
    • A developed area linking Aundh, Model state, Baner, Pashan, Pune University, and Shivaji Nagar.

The FAQs at the end of the article provide additional insights into posh areas and living in Pune, covering topics such as safety, commuting facilities, and amenities offered in upscale neighborhoods. The article aims to guide potential homebuyers in Pune toward luxurious living experiences in the city's most coveted locales.

Posh Areas in Pune: 5 Expensive Areas to Live in Pune (2024)
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