West Pune areas are the best bet to lock your money as these areas are becoming prime destinations for realty investors as well as buyers. The west Pune comprises of areas like Baner, Balewadi, Wakad, Aundh, Hinjewadi, Pimple Soudagar, Pimple Nilakh, etc. once understood out skirt and less important areas are today premium locations and the prices of real estate in these areas have shoot up very fast in past three to four years. Even now every year you see good increase in the realty prices that shows clearly the coming time will bring good fortune for today’s investors or buyers in real estate. Now let me help you to understand the reason why these areas all of a sudden came to lime light from realty point of view. There some major factors behind the rapid real estate activities in this region of Pune that includes good connectivity to the express way, green surroundings, ample open spaces, major IT Park in close vicinity, easy access to city centre, etc.When one part of city gets saturated then developers need to move forward to find new place to develop and when they get a place that has land available at a low cost along with some major advantage like closeness to highways, manufacturing units and presence of major IT Park then it is no doubt a good deal. Easy access to Mumbai via Pune- Mumbai expressway is added advantage for investors from Mumbai. The industrial areas of west Pune include Chakan, PCMC, Talegaon, etc. are pulling crowd in from different parts of country to settle here. One point here we should not forget to mention is that west Pune areas like Baner, Balewadi, Hinjewadi, etc. are blessed by nature as you find hills, green cover and rivers here making the environment much serene as compared to the other parts of city. Who will not want to live in a natural surrounding yet close to city lifestyle?Many reputed developers have come up with luxurious townships here like Glitterati by 24k in the West Annex, Park Street in Wakad, Life Republic by Kolte Patil in Hinjewadi, Blue Ridge by Paranjpe, etc. are contributing to make west Pune the most sort after location in Pune. All new projects are promising international standards for a luxurious lifestyle to buyers. After saturation in Aundh which has become a significant part of west Pune, the attention switched to nearby Baner and Wakad areas which are two major and most wanted areas of real estate development today. Not only residential demand but these areas also boost the commercial projects demand due to the perfect location. Baner area is more in demand than Wakad because the development is organised with all primary necessities in close vicinity. It has become favourite spot for young professionals. The first ring road of Pune is also coming here to make the area more interesting for investors and buyers.Several areas have witnessed haphazard growth in West Pune which are emnerging as real estate hotbeds in the Pune city. Balewadi is one of such regions which has emerged as an up market location in the residential market of the city due to its proximity with prominent IT hubs like Hinjewadi and Mumbai-Pune Expressway. If Baner has natural surrounding advantage then Wakad is not behind that much as Wakad is a kind of home to various industries and highly stylish residential projects. The closeness to MIDC, expressway, IT Parks and industrial areas has contributed in raising the prices of real estate. Actually very few people know that it is one of the biggest industrial zones not only in India but in Asia. Both the areas have shown high price rise in realty sector not only due to its closeness to their work place but also because the infrastructure in these areas is in place like roads, water supply, supermarkets, hospitals, world class educational institutes, hotels, malls, recreational facilities, etc. and also these areas are not congested yet like other parts. People buying properties here mostly come from different parts of country due to their work and love this place to settle here as west Pune offers a Cosmo culture unlike the interiors of Pune city. Investing or buying properties in these areas make sense for a luxurious lifestyle.Ruchi Mahajan
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