he latest edition of Housing Sentiment Index (HSI), a joint initiative by Magicbricks and IIM-B, indicates West Pune as the most preferred destination with 30 per cent respondents preferring to buy residential property in the region.
The western corridor of Pune comprises of various major localities such as Pashan, Pimple-Saudagar, Aundh, Kothrud, Balewadi, Hinjewadi, Baner, Wakad and Bardhan. All these localities are highly preferred owing to their easy accessibility from the Pune Mumbai Expressway and Hinjewadi IT Park.
What are the advantages of buying property in West Pune?
- West Pune ensures quality living. The social infrastructure of the region is well-developed and caters to the needs of the mid-segment buyers. Some areas have witnessed more developments in terms of social infrastructure. For example, Aundh boasts of a number of shopping centers and supermarkets.
- The physical infrastructure is well-developed. The Hinjewadi Highway ensures smooth connectivity to nearby localities such as Wakad. Further, other infrastructures such as Dange Chowk Flyover, Bombay Pune Highway, Pune - Mumbai Expressway (West).
- West Pune is within the reach of common man which makes it a desirable place. West Pune offers varied housing options such as apartments, villa, residential house, plots and builder floors apartments.
- With multiple housing options available, physical infrastructure in place and more employment opportunities, West Pune seems a locality to justify the cost you will invest. Localities in West Pune are easily accessible from the Mumbai-Bengaluru Bypass, Hinjewadi IT hub and Rajiv Gandhi Infotech Park, thus boosting the real estate.
| Localities in West Pune | Average Value – Rs/per sq ft |
| Pashan | 6520 to 7770 |
| Aundh | 8040 to 10090 |
| Kothrud | 8410 to 10800 |
| Hinjewadi | 5290 to 6480 |
| Baner | 6620 to 8190 |
| Wakad | 5740 to 6820 |
- Unending supply of electricity and water is an advantage for the residents. Sewerage management in the region is also established.
Source - MB
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