Over time, Pune, the cultural capital of Maharashtra, has become increasingly important in terms of property values. The number of upmarket neighborhoods in Pune is also increasing with new start-ups and millionaires looking to invest in these areas. Traditionally, pent-up crowds draw people together. H. These exclusive residential areas in Pune attract old residents with ancestral properties, luxury home builders, and real estate investors. So, if you are looking for the best area to live in Pune for your family or just want to know which area is best to live in Pune, keep reading.
Trends in luxury real estate in Pune If you are looking for the best location in Pune, you must know about the trends related to luxury properties in the market. For example, a recent report highlights how NRIs are searching for the best residential locations in Pune among the large number of properties available in the city. More and more prominent real estate developers are building gated communities in beautiful towns nestled between ghats, making this a great investment opportunity for many. The robust market is also ripe for a lucrative rental market, as more students and job opportunities come to the city in search of a better life.
New Kalyani Nagar
source: housing
New Kalyani Nagar, an extension of Kalyani Nagar, is witnessing significant residential and commercial growth. For newcomers to the city, Kalyan Nagar can be considered the best area in Pune. New Kalyani Nagar provides easy access to other famous places in Pune city. This place is one of the best places to live in Pune and is also close to the airport and railway station. It is also an IT hub, making it well-known among IT professionals and a perfect family-friendly residential location in Pune. The neighboring town of New Kayani Nagar is Koregaon Park, also known as the upscale area of ​​Pune. You can also find apartments and luxury homes developed by popular developers, making Pune an upscale area. There’s no need to worry about entertainment during your stay, as the area is home to many restaurants, pubs, malls, and other popular spots in Pune.
Eran Dwane
source: Hosuing
Eran Dwane is home to many film schools, including the famous Indian Film and Television Institute. This place is considered as the most expensive area in Pune and has grown significantly in the last 3-5 years. It is one of the best residential localities in Pune, with extensive facilities and infrastructure making it one of the most exclusive areas in Pune. Eran Dwane is the first choice for those looking to buy a spacious and luxurious villa. It offers options like huge bungalows, luxury apartments, and apartment complexes. Its proximity to the railway station and airport makes commuting very easy.
Shivaji Nagar
source:Quora
Shivaji Nagar is one of the greener localities in Pune. The area is home to many important government offices, municipal courts, and educational institutions and is on the list of richest areas in Pune. This place became popular when famous architects bought land to build houses here. The rising demand for housing has made this place an upscale location in Pune. The greenery of Shivaji Nagar attracts many residents to invest in real estate here. Real estate is booming here as land prices are expected to rise further in the coming years.
Koregaon Park
source: India mike
Koregaon Park is known for its greenery and cleanliness. It is one of the most famous places in Pune, surrounded by greenery and lined with commercial complexes and luxury villas. Koregaon Park is not only famous as a residential area but also developed as a commercial area. This place has many restaurants and bars that attract young people. When it comes to commuting to Koregaon Park, the good news is that the roads here are well-maintained. The city center is accessible via the Aga Khan Bridge.
 Boat Club Road
source: Purple realtors
Located in the east of Pune, Boat Club Road is another attractive and upscale area of ​​Pune. It features extremely luxurious villas and bungalows. The place is named Royal Connaught Boat Club and is Pune’s most popular destination for well-funded startups. The Pune-Mumbai expressway connects this place well with other parts of the city and that is also the main reason for its growth. You’ll find all the amenities you need within a 2 km radius. This place is one of the posh areas of Pune so the rent is quite high. Boat Club Road is close to the train station and airport, making travel easy. Boat Club Road is very lively and the most lively as it has a lot of entertainment facilities like malls, food stalls, and markets.
Senapati Bapat Road
source: Justdial
Senapati Bapat Road is one of the most famous and upscale areas of Pune and is located on the western side of Pune. It gained popularity through Kyosei University. This is a straight road that includes shopping malls, hospitals, temples, and tall towers. This area connects Aundh, Model Colony, Banner, Pashan, Pune University, Shivaji Nagar and many other areas. You can rent villas, bungalows and apartments for a luxurious lifestyle.
Wadgaon Sheri
source:Magicbricks
Wadgaon Sheri is one of the most popular and upscale locations in Pune, housing many IT companies, educational institutes, health centers, and restaurants. The connectivity of this place makes it highly suitable for everyone and the most desirable location for residential purposes. Just 5 km from Pune International Airport and 6.5 km from Pune Railway Station, Wadgaon Sheri has emerged as one of the upscale areas of Pune. You can rent a house or apartment for around Rs. 8,000-10,000 depending on your requirements.
Frequently Asked Questions:
New Kalyani Nagar, Eran Dwane, Shivaji Nagar, Koregaon Park, Boat Club Road, and Senapati Bapat Road are all experiencing a surge in luxury development.
Luxury apartments, spacious villas, gated communities, and bungalows are all options depending on the location.
Security, high-end amenities, excellent connectivity, and a vibrant social scene are some of the perks.
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