Favoured Destination For Property Seekers Baner-balewadi Belt In Pune
Baner is a popular suburb in Pune located off Katraj-Dehu Road Bypass
. Enjoys this popularity due to the connectivity it offers. Baners slightly lower priced cousin of Balewadi is also in the limelight due to the Commonwealth Youth Games held in 2008 which were held in Balewadis Shree Shiv Chhatrapati Sports Complex.
The demand of Baner-Balewadi belts grew due to the presence of commercial property in Pune like Hinjewadi IT Park and other companies nearby. Areas in close proximity to Baner-Balewadi belt are Aundh and Pashan.
Mr. Pravin Mahurkar, City Lead - Pune, Residential Services, Jones Lang LaSalle India says about Balewadi, that it is an upcoming area on western corridor of Pune with a steady growth over the last couple of years. Over the last two years rates there have seen an annual increase of 20% . Balewadi is located close to Baner and Aundh the necessary social infrastructure is available in the area. Having the good accessibility through road network to other locations of Pune.
Balewadi id approximately 20 km from Pune airport and 10 km from railway station.
As reminded by Mr. Mahurkar, Commonwealth Youth Games held in 2008, Balewadis Shree Shiv Chhatrapati Sports Complex. This event gave the area the required boost in infrastructure. Proper planning of this area by authorities, Balewadi has emerged as an upmarket location in residential property of Pune.The prevailing rates of property in Pune, Balewadi are in the ranging from Rs. 4000-Rs. 5000 per sq ft.
Proximity to Mumbai-Pune Expressway is major reason for steady growth of real estate market of Pune. Katraj-Dehu Road Bypass links to NH4 highway that provides outer access from Pune and connects other locations in Pune. Connecting Road from Balewadi sports complex to Baner has been instrumental in enhancing the connectivity and real estate market of these location in Pune. Residential property in Balewadi are reasonably priced and provide a good entry point to end users as well as to investors.
Balewadi has shown tremendous growth over years it became a hot area for residential property of Pune mainly targeting the software professionals working in nearby Hinjewadi Software Park and other nearby IT Parks/ companies.
Similarly Baner also enjoys substantial attention easily accessible to the Mumbai-Pune Expressway. Bridge connecting to Pimpale Nilakh and Baner has made Balewadi accessible to Pimpri-Chinchwad areas the Baner-Pashan Link Road connects the suburbs near Baner and Pashan. Mr. Kishor Pate, Chairman & Managing Director, Amit Enterprises Housing Ltd says about Baner, that it is close to Aundh and that counts for a lot with majority of property buyers. Originally claimed to fame was the beauty of its natural ability, which has been somewhat compromised by the massive development in Pune. Previously not too long ago it was compared to minor hill-station.
In terms of residential property, Baner has much to offer compact and extended townships as well as many residential property in the medium-sized range are available for instant and eventual possession. Most families prefer Baner for the fact that they can find a home in almost any budget range and also because there are shopping areas, healthcare, educational institutions and other social facilities within commuting distance.
Baner is strategically located well developed infrastructure and presence of various facilities around are the factors fostering the ongoing growth of these areas and establishing this belt as a preferred destination for property buyers.
Basic infrastructure and facilities like electricity, water, roads is present in Baner. In addition to this it has several educational institution around with workplaces in close proximity that makes lifes work and play very convenient.
Advantages to the residents is saving time and being in the most convenient area with best quality structure. As the human race is all about time and convenience now, this is what they have to offer residents in their project.
by: lokeshmanu24
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