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Real Estate Overview of Pune
Pune is a city located in the western state of Maharashtra. It is the second-largest city in the state after Mumbai and is known for its pleasant climate, educational institutions, and growing IT industry.
Pune has also witnessed significant growth in the real estate sector in recent years.
Pune offers a range of residential properties, from affordable housing to luxury apartments and villas.
Areas like Hinjewadi, Wakad, Baner, and Kharadi are popular for their proximity to IT hubs and good social infrastructure.
Areas like Kothrud, Aundh, and Deccan are popular for their established social infrastructure and proximity to city centres.
The average Property price in Pune is Rs 7,100 – 9,500 per sq ft.
Pune has a growing IT industry, and as a result, there is a demand for commercial properties in the city.
Areas like Kharadi, Hinjewadi, and Magarpatta City are popular for their IT parks and commercial spaces.
The average rental yield for commercial properties in Pune is around 10%.
Pune has good infrastructure, including good connectivity through the Pune-Mumbai Expressway and Pune-Bangalore Highway.
The Pune Metro is currently under construction and is expected to be completed by 2023.
Overall, Pune is a growing city with a good quality of life and a thriving real estate market.
Best Flats in Pune Under 50 Lakhs
The demand for residential housing is rising in Pune city resulting in many many residential housing project development in major localities.
Here are the best flats in Pune under 50 Lakhs for people who are looking to buy a house in Pune’s affordable segment.
Pride World City
The ultra-luxurious township development in the centre of Pune is Pride World City. The project is located at Charholi spanning over 400 acres of land.
The project offers 2, 3 and 4 BHK spacious apartments designed for the comfort and convenience of residents.
With premium residences, the township also provides ultra-modern amenities such as Play Area, Swimming Pool, Yoga & Meditation Zone, Cafeteria/Food Court, Club House, Dance Studio, Bar Lounge, Gymnasium, Jogging & Strolling Track, Mini Cinema Theatre, Barbeque Pit and more.
Why Invest in Pride World City
- 60+ amenities with the highest skyscraper
- Green open spaces in the township
- Separate Clubhouse for each Cluster
- Upcoming Pune ring road connectivity
Connectivity Options for Pride World City
Pride Global City is home to everything from upscale living areas to hospitals, workplaces, malls, and schools.
The township is close to many important locations, including the Pune Airport (15 minutes), Wagholi (11 kilometres), Eon IT Park (13 kilometres), Bund Garden (14.1 kilometres), Viman Nagar (8.4 kilometres), Phoenix Market City (9.5 kilometres), and Big Bazaar (6.6 kilometres), among others.
Pride World City: Flat Price and Floor Plan
| Type | Carpet Area | Price |
| 2 BHK | 629 sq. ft | ₹ 50 L |
Vtp Bellissimo
VTP Bellissimo is a luxurious residential project located in the prime area of Hinjewadi in Pune. The project offers spacious 1, 2, and 3 BHK apartments designed with modern architecture and comes equipped with amenities like a modular kitchen, marble flooring, and spacious balconies.
The project also offers a range of amenities, including a swimming pool, clubhouse, landscaped gardens, gymnasium, 24-hour security and much more to live a happy and comfortable life.
Why Invest In Vtp Bellissimo
- Riverside promenade and viewing deck, about 1 kilometre
- several magnificent entrance plazas, constructed and well-planted roadways
- five-star deluxe township club with first-rate guest accommodations
- 5 top sports academies and cricket academies in the township.
Connectivity Options for Vtp Bellissimo
The strategic location of VTP Bellissimo provides easy access to the Hinjewadi IT hub and several reputed educational institutions, making it an ideal choice for families and working professionals.
The connectivity to the nearby areas of Balewadi High Street, Baner, Wakad, and Chandni Chowk is very flawless via roadways and expressways.
Vtp Bellissimo: Flat Price and Floor Plan
| Type | Carpet Area | Price |
| 1 BHK | 467 sq. ft | ₹ 46 L |
| 1 BHK | 472 sq. ft | ₹ 48 L |
Godrej Hill Retreat
Godrej Hill Retreat is a premium residential project located in the picturesque location of Mahalunge in Pune.
The project offers spacious 1, 2, and 3 BHK apartments designed with modern architecture and come with wooden flooring, and large windows to enjoy the scenic views.
The project also offers a range of amenities, including a swimming pool, clubhouse, gymnasium, Creche, landscaped gardens, an amphitheatre, a riverfront boat club, organic SPA, a Digital gaming arena and 24-hour security.
The project is designed to provide a perfect balance of nature and luxury living, making it a unique offering in the real estate market of Pune.
Why Invest in Godrej Hill Retreat
- Resort-style living experience
- Apartments with hill views
- The 55,000-foot-long Master Boat Club is set on a riverside
- 3 acres of central park and 7 different types of resort-themed gardens
Connectivity Options For Godrej Hill Retreat
The strategic location of Godrej Hill Retreat provides easy access to the Hinjewadi IT hub and several reputed educational institutions, making it an ideal choice for families and working professionals looking for a serene and peaceful living experience.
Pune airport is 30 mins away from the project. Connectivity via roadways and expressway provides easy access to other localities of Pune such as Baner, Balewadi, Wakad, Hinjewadi etc.
Godrej Hill Retreat: Flat Price and Floor Plan
| Type | Carpet Area | Price |
| 1 BHK | 436 sq. ft | ₹ 45 L |
| 1 BHK | 510 sq. ft | ₹ 50 L |
Kumar Megapolis Serenity
Kumar Megapolis Serenity is a luxurious residential project located in Hinjewadi, Pune, designed to provide a serene and peaceful living experience.
The project offers spacious and well-planned 2 BHK apartments with modern designs and top-notch fittings. The apartments are thoughtfully designed to cater to the needs of modern-day living, providing ample natural light and ventilation.
The project boasts a wide range of world-class amenities, including a clubhouse, gymnasium, swimming pool, children’s play area, landscaped gardens, and a multipurpose hall.
The project also offers 24/7 security, power backup, and ample parking space, making it a perfect choice for those who value comfort and convenience.
Why Invest in Kumar Megapolis Serenity
- Smart homes with home automation systems inbuilt
- Maze garden for kids
- Drop off by vehicle available
- Spherical eco-pond landscaping
Connectivity Options for Kumar Megapolis Serenity
The project is located in Hinjewadi, one of the biggest IT hubs of Pune city, it has easy access to major companies via roadways. Also, the Mumbai Pune expressway provides easy connectivity to Mumbai as well.
With its exceptional location and modern amenities, Kumar Megapolis Serenity is a perfect choice for those looking for a premium living experience in Pune.
Kumar Megapolis Serenity: Flat Price and Floor Plan
| Type | Carpet Area | Price | |
| 2 BHK | 637 sq. ft | ₹ 48.99 L |
Floor Plan
Mantra 99 Riverfront
Mantra 99 Riverfront is a luxurious residential project located in the bustling area of Baner, Pune, designed to provide an opulent living experience amidst the city’s chaos.
The project offers premium 1, 2, and 3 BHK apartments with contemporary designs which thoughtfully crafted to cater to the needs of modern-day living.
The project boasts a wide range of world-class amenities, including a clubhouse, gymnasium, river view swimming pool, children’s play area, juice lounge, outdoor screening area, landscaped gardens, and a multipurpose hall.
Why Invest in Mantra 99 Riverfront
- Riverfront apartments
- Rooftop amenities
- Splash swimming pool with river view
- Reputed Schools, and colleges in the 2-5 min distance.
Connectivity Options for Mantra 99 Riverfront
The highlight of the project is its location, situated 2 min away from Aundh Baner Road in front of the river providing residents with a tranquil and serene environment.
Mumbai Bangalore highway is 2. 8 KM away. The Jupiter hospital is behind the project, proposed DP road passes by the project.
With its exceptional location and modern amenities, Mantra 99 Riverfront is a perfect choice for those looking for a premium living experience in Pune.
Mantra 99 Riverfront: Flat Price and Floor Plan
| Type | Carpet Area | Price |
| 1 BHK | 404 sq. ft | ₹ 43.74 L |
| 1 BHK | 389 sq. ft | ₹ 42.11 L |
Floor Plan
FAQs
| Which are popular residential areas to find flats in Pune under 50 lakhs?
Ans: Some popular residential areas in Pune where you can find flats under 50 lakhs include Wakad, Hinjewadi, Kharadi, Baner, and Kondhwa. |
| What is the average size of flats under 50 lakhs in Pune?
Ans: The average size of flats under 50 lakhs in Pune is usually between 400-600 sq. ft. However, this can vary depending on the location and specific project. |
| What are some of the amenities offered in flats under 50 lakhs in Pune?
Ans: Amenities offered in flats under 50 lakhs in Pune can vary depending on the project. However, some common amenities include 24/7 security, power backup, parking space, lifts, a gymnasium, a children’s play area, and landscaped gardens. |
| What are some factors to consider while buying a flat under 50 lakhs in Pune?
Ans: Some factors to consider while buying a flat under 50 lakhs in Pune include the location, connectivity to important areas of the city, the reputation of the developer, the size and layout of the apartment, the availability of amenities, and the future development plans in the area. It is also important to check for legal documentation and other necessary approvals before making a purchase. |
