Top 5 Best Residential Areas in Pune

Pune, India's IT hub, has witnessed manifold growth in the real estate sector in the region. Many large and small IT companies are here, and several townships are growing, which changes the town's material.

The rolling green hills and the region's cool climate have been quite an attraction for people in their dotage who have been very interested in setting up their retirement homes here. The various areas in and around the city are lucrative as many people like to live in the wonderful climate.

With students, employees of various companies and pensioners making their way here, forsaking other options, they see many advantages. The city is very close to Mumbai and has all the benefits that little point accords. The new projects in Bavdhan are also ready to overwhelm you with design and interiors.

5 Top Best Residential Areas in Pune

1: Shivaji Nagar

It is one of the greener areas of Pune, with many important government offices, city courts, and educational institutions. Real estate in this area is flourishing pleasantly in the wake of the large-scale realty projects launched by some of India's leading property developers.

The locality is easily connected to the rest of the city through various modes of transportation. It has many little cafes and multi-cuisine restaurants to satiate your hunger pangs.

You have endless options for shopping malls, restaurants, theatres, and market place. In Shivaji Nagar, you can shop at Pune central, The pavilion etc., which are a gem for fashionistas. The area is in great demand due to all facilities in its surrounding areas.

Highlights of Shivaji Nagar

• Best Restaurants: Sudama Garden Restaurant, Little Italy Restaurant, Skol kitchen and Bar, Pop Tate's German Bakery Wunderbar
• Average Property Price: INR 13,228 per sqft

2: Kharadi

Located just 7.5 km from Pune International Airport, Kharadi is one of the best residential areas in pune to live with your family. Vastly improved transportation systems with better connectivity to other parts of the city make this area a beloved home for people of many occupations. The place offers a lot of educational and employment opportunities.

Many IT parks, like Vodafone, Barclays, Oracle, PWC, and EON IT Park, are just a few names that make this neighbourhood a property hotspot. The area also has many reputed schools, shopping malls, food joints and hangout points. If you are a nature lover, this area promises an enthralling experience.

Highlights of Kharadi

• Educational Institute: Oxford World School, Phoenix World School, Kothari International School
• Health care Facility: Shree Hospital, Rising Medicare Hospital,
• Shopping area: Amanora Mall, Seasons Mall

3: New Kalyani Nagar

It is an extension of Kalyani Nagar, witnessing significant residential and commercial growth. Being close to the airport and railway station, it is home to several entertainment centres, IT parks, and shopping malls. It is well-connected to other IT hubs, making it a much-desired location for IT professionals.

Highlights of New Kalyani Nagar

• Connectivity: Easy Access to the Pune-Mumbai Expressway, close to Pune Junction Railway Station.
• Shopping Malls: Phoenix City Mall, Sky Max Mall and Mariplex Mall
• Healthcare facilities: Columbia Asia Hospital, Shree Hospital and Petals Hospital

4: Hinjewadi

It is the home of major IT companies. The Apartment in Hinjewadi are in high demand and are increasing daily. Apart from the IT majors, there are also reputed educational institutes, shopping complexes and theatres near this area.

There is high demand for residences for IT professionals in this area. The walk-to-walk approach adopted by the developers has ensured a guaranteed return on investment for the investors. The developers also cater for residences of various styles to lure investors and award comfort in addition to the benefit of staying near their workplaces.

• Lifestyle in Hinjewadi offers the taste of everything with all modern civic amenities.
• Highlights of Hinjewadi
• Rajeev Gandhi IT park,
• Xion Mall,
• Vision One mall,

• Bird valley,
• KIRO kitchen and bar

5: Boat Club Road

Boat Club Road is located on Pune's eastern outskirts and has ultra-luxury housing villas and bungalows.

Its strategic location and proximity to the airport, railway station, etc., make it an ideal destination for growth in real estate. Social amenities like shopping malls, restaurants, food stalls, and markets are available here.

Highlights of Boat Club road

• Best Restaurants: Sweet Bengal, The Place To Be Restaurant, Asia Kitchen By Mainland China, Rasida's Kitchen, Blind Tiger
• The average cost of residential apartments is Rs 15,000 per sq. ft.

Conclusion

More and more land was required to accommodate the various national and international IT companies. These industries require manpower, and manpower needs homes. All the industries provide good employment opportunities; job seekers from other cities made Pune their final destination of ambitions. So the demand for houses, apartments and flats also increases. Pune properties are creating expansion at the side of prospects, excellent connectivity and academic facilities. After a quick scan of the facts mentioned above, it would be easier for you to start searching for the best residential place to live in Pune.