Best 10 Residential Posh Area In Pune
The posh areas in Pune provide ideal settings for premium residential properties. These localities offer modern-day amenities, impressive social infrastructure, and life-style oriented real estate projects. Here are the top 10 posh areas to buy residential properties in Pune.
Boat Club Road, Pune
The Boat Club Road is named after the famous Royal Connaught Boat Club. The locality is known for the premium luxurious residential projects with configurations between 2-5 BHKs. The open green spaces of Boat Club Road make it an ideal location for bungalows, villas, independent housing, and luxurious residential projects.
Easy access to the modern-day amenities, strong connectivity, and commercial development make Boat Club Road a good option for buying a residential property.
Growth Factors
The Locality has a higher demand for independent housing that includes villas, bungalows, penthouses, multi-story buildings. On the commercial side, the locality also has robust demand for retail shops and office spaces.
Since the locality has proximity to the commercially developed central Pune region, the locality will be scale-up on the residential and commercial fronts.
Erandwane, Pune
The Erandwane locality is famous for its green open spaces. The greenery has been maintained immaculately through the locality along with the commercial development. The locality gained significance because of the presence of famous educational institutions such as Fergusson College and Deccan College.
The residential projects in Erandwane offer configurations starting from 1 BHK to 4 BHK. The locality has witnessed higher demand for residential as well as office spaces. Multi-floor apartments, Villas, Bungalows, and Penthouses are popular property types in the Erandwane locality.
Growth Factor
The popularity of the nearby educational institutes and rapid commercial growth are the two factors that will define the property prices in the Erandwane locality. The Pune Municipal Corporation PMC has been planning for the constructive development of the Erandwane region. The proposed Pune Metro Phase 1, Vanaz to Ramvadi will boost the connectivity of the Erandwane region.
Koregaon Park, Pune
Being located on the Mul Mutha River, Koregaon Park is a locality that has an abundance of greenery and open spaces. Over the years, the locality has maintained the planned infrastructure and has been ideal for residential properties.
Koregaon Park has some of the most luxurious bungalows, penthouses, and multistory apartments. The famous cafes, restaurants, and shopping malls in the regions have driven the importance of the locality.
Growth Factors
The constantly improving social infrastructure, constructive planning will be the key factors for the development of Koregaon Park. The locality has become an ideal place for residential properties. The leading developers have shown interest in building lifestyle-oriented residential projects in the vicinity of Koregaon Park.
Kothrud, Pune
Kothrud is the locality with the rapidly developing township models for residential properties. This is because Kothrud is one of the topmost places in Pune on the livability rating. The locality has shown impressive growth in the commercial and residential fronts over the last decade.
Easy access to healthcare facilities, commercial hubs, and other life-essential has made the locality popular for residential properties.
Growth Factors
Kothurd is emerging as one of the biggest IT hubs in Pune. In the next few years, the residential and commercial property demand will increase because of the growth in the IT sector. The upcoming Pune Metro’s Aqua Line will connect Kothrud to the other important regions of Pune City.
The social infrastructure in Kothrud is developing rapidly. The establishment of prominent retail outlets, hospitals, and educational institutes has pushed the demand for residential properties in Pune Kothurd.
Model Colony, Pune
Model Colony has got the benefits of being close to the Shivaji Nagar Locality. This allows easy access to the strongly built infrastructure of the Shivaji Nagar and at the same time provides peaceful settings for living.
The Independent houses, multi-storey apartments, villas, and premium residential projects are the popular residential properties in Pune Model Colony.
The commercially active Hinjewadi locality can be easily accessed from the Model Colony. This provides impressive employment opportunities in the Model Colony and the surrounding region.
Growth Factors
Model Colony will continue to show the higher demand for all types of residential property types. The proximity to the commercially developed Shivaji Nagar region will benefit the locality for the property price appreciation. Moreover, the Model Colony has been growing steadily on the commercial side.
Strong social infrastructure and a serene living environment will remain the two major reasons for preferring the Model Colony to buy residential properties. Upcoming Metro Stations will be RBI and Agricultural College on the proposed Metro Line 3 from Hinjewadi – Civil Court.
Senapati Bapat Road, Pune
Senapati Bapat Road is among the posh areas to buy residential properties in Pune. The locality offers residential projects with a range of configuration options from 1 BHK to 4 BHKs. Since the Senapati Bapat Road is situated on the Western side it gets the strategic benefit of the leading IT hubs in Pune.
The lush green spaces and modern social infrastructure in the Senapati Bapat region have triggered the demand for premium residential properties. The strong connectivity and the easy access to employment hubs give the locality an additional benefit.
Growth Factors
The locality has good growth prospects as the social infrastructure has become strong. The upcoming metro line 3 will be a game-changer for the locality. The price of the residential properties which have been stable over the last few years are expected to go up. The trend for premium residential properties will continue along with the commercial development of the region.
Sopan Baug, Pune
Sopan Baug is located in Central Pune and is known as the place with the most luxurious residential property in Pune. The locality has been preferred by homebuyers for its lush green cover and top-notch amenities. The ideal settings of the Sopan Baug locality have attracted the leading developers.
The real estate projects in the Sopan Baug region are marked for their luxurious elements and higher livability ratings.
Besides the green environment, the locality offers residential properties at a good rate. Being located centrally, Sopan Baug gets the benefit of the key strategic connectivity points.
Growth Factors
The locality will have a high demand for residential properties. Since the prices are comparatively lower than the other Posh Areas in Pune, the demand is expected to remain high. The availability and easy access to healthcare services, educational institutes, and commercial hubs will trigger positive property price appreciation.
Wadgaon Sheri, Pune
Wadgaon Sheri is a transformed township in Pune. Over the last few years, the locality has grown impressively on the social and physical infrastructure fronts. The residential properties in Wadgaon Sheri cost less than the other posh areas in Pune.
The locality has been evolving commercially and hence there has been good demand for both residential and commercial properties. The connectivity of the Wadgaon Sheri is enhanced enabling easy access to the developing social infrastructure.
Growth Factors
The IT industry is expanding near the Wadgaon Sheri region. This will increase the demand for residential properties in the Wadgaon region. region. The strengthening of the connectivity and the social infrastructure is to boost the residential property prices in the Wadgaon Sheri region.
Kalyani Nagar, Pune
Kalyani Nagar is a newly emerged residential destination for buying properties in Pune. The presence of employment hubs in the surrounding regions has increased the demand for residential properties. The locality offers multiple buying options at affordable rates as compared to the surrounding established areas.
Growth Factors
The locality will grow on the industrial front. Increased employment hubs and corporate parks will trigger the demand for residential projects. People are preferring the locality for the increased employment opportunities in the region and the comparatively affordable residential properties. The retail shops, malls, and other essential facilities will continue to improve.
Shivaji Nagar, Pune
Shivaji Nagar Locality is an important part of central Pune. Being one of the posh areas in Pune, the locality has a higher demand for independent housing, multi-storey apartments, villas, and premium residential projects. Also, the Shivaji Nagar locality has had a solid commercial development over the last few years.
Growth Factors
Upcoming Metro Line 1 (PCMC – Swargate) and Line 3 (Hinjewadi – Civil Court) will boost the connectivity of Shivaji Nagar. The trend for the commercial and the residential property demand will continue. Moderate to high property price appreciation is expected over the next few years considering the upcoming infrastructure projects.
Above are top 10 posh areas in Pune for your reference. You can buy a flat in Pune in above selected as per your budget.
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