subject: Pune Properties In And Around Hinjewadi Most Bankable [print this page] The future of Pune properties is better than expected by most of the investors. People who invested their money in an apartment in Baner or other such areas are up for some great news. Not only are the valuations of their properties going to skyrocket, the scope for investments in the city of Peshwas are going to be better in the future. Real estate development is reaching every nook and corner of the city, which has been the primary reason for the development of micro-markets in Pune. Most of these markets have developed owing to their proximity to a SEZ or IT Park. Wakad, Baner and Aundh for instance developed solely because of their proximity to the Rajiv Gandhi IT Park in Hinjewadi. The property rates in Baner have reached 5,100 per square feet and Aundh has already crossed the 6000 per square feet barrier. Riding on the Hinjewadi bandwagon, lesser known areas like Balewadi have also started getting attention of the real estate developers.
Today these areas have multiple ongoing as well as upcoming projects. Magarpatta IT City, similarly was the prime reason for the escalation of property rates in and around Hadapsar. Hadapsar, once a completely underdeveloped fringe area of Pune has today has had a complete facelift. Close on the heels of development in Hadapsar, Kharadi has come up as the third seat of IT revolution in Pune. Amongst the top ten fastest growing destination of the country, Kharadi properties today are selling at 4100 per square feet, which is remarkable considering the fact that it was largely unknown till the last decade. Although, IT / ITes sector is seen as the primary stimulant for the growth of Pune real estate, the city is also an automobile hub and education capital of the country.
Coming back to Baner, what works for Baner? An apartment in Baner is close to all the important destinations of the city. Baner enjoys a great location advantage; it is a matter of minutes drive from Pune University, 13 kms from Pune Station and just 6 kms from IT Park at Hinjewadi. The area is close to a number of malls, luxury hotels, restaurants and shopping arcades. So living in Baner ensures you are never far away from a dinner with family or movie of your choice! Baner is also close to the Mumbai-Bangalore highway, so this western suburb today has the most bankable properties in Pune. The area has projects by most of the prime developers of the country; an apartment in Baner defines plush lifestyle.
Demand for apartments in Baner have always been high and B.U.Bhandari Landmarks, one of Punes most trustworthy developers have come up with an excellent project named Alacrity in Baner. Alcarity gives its residents the feel of Breezy Baner. Located along the Mumbai-Bangalore Highway, these apartments in Baner are available in 2BHK and 3BHK configurations. Alacrity offers best in class amenities, which include garbage chute, rain water harvesting system, landscaped garden, a convenient, paved internal road, community hall with gym and a separate children's play area video and door phone for each flat, smoke detector and motion senor, DVR system for main gate and building entrance. Alacrity is one of the crowning jewels of Pune Properties and all the credit goes to B.U. Bhandari Landmarks for giving Pune such a fine residential project.
