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. The abundance of green open spaces, serene living experience, and commercial development are the key factors for choosing the prime localities in Pune to buy the residential properties. Here are the top 10 posh areas to buy residential properties in Pune.
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Boat Club Road
The Boat Club Road is named after the famous Royal Connaught Boat Club. This poshest 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.
Price Trends For Boat Club Road
Connectivity
The Boat Road has strong connectivity because of its proximity to the Pune Junction Railway station and the Pune International Airport Road. The Pune Railway Station is 2.3 Km from the Pune Ahmednagar Highway whereas the Pune International Airport is 6.2 Km (16 Min drive) via Airport Road.
Kharadi Bypass, Hinjewadi Flyover, Pune Wakad Bridge, Jangali Maharaj Road improve the overall connectivity of the Boat Club Road.
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.
With strong social infrastructure top, developers have shown interest in building life-style oriented real estate projects in the Boat Club Road.
Social Infrastructure
Hospitals: KEM Hospital, Aditya Birla Memorial Hospital, Ratna Memorial Hospital, Noble Hospital.
Schools & Colleges: Don Bosco High School, St Joseph High School, Lexicon International School, The Bishops School, Neville Wadia Institute of Management Studies & Research,
Retails and Malls: Ashoka Mall, Nucleus Mall, Central Mall, City Pride, Phoenix Market City.
Nearby Employment Hubs: World Trade Centre, Nanospace IT Park, Mega Centre, Hadapsar, Khardi, and Bhosari Industrial regions
Erandwane
The Erandwane locality is famous for its green open spaces. The greenery has been maintained immaculately through the locality along with the commercial development. This posh area has 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 Penthouse are popular property types in the Erandwane locality.
Price Trend For Erandwane
Connectivity
Pune International Airport is 12 Km from Erandwane via the airport Road. The Pune Junction Railway Station is 5Km from the Eranwane providing strong connectivity options. Other important roads and bridges such as Hijwadi Flyover, Khardi Bypass, and Pune Wakade bridge can be accessed easily from the Eranwane locality. Also, the Savarkar flyover and the Karve Road have played a major role in strengthening the connectivity of the Erandwane region.
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.
Social Infrastructure
Hospitals: Deenanath Mangeshkar Hospital, KEM Hospital, Ratna Memorial Hospital, Jahangir Hospital, Ratna Memorial Hospital, Poona Hospital Research Centre.
Schools & Colleges: St Joseph High School, St Peters Schools, Kendriya Vidyalaya Pune, Fergusson College, Deccan College
Retails and Malls: Kumar Pacific Mall, City Pride, SGS Mall Pune, Nucleus Mall, and Ashoka Mall.
Nearby Employment Hubs: Nanospace IT Park, ManikChand IKON, Prabhavee Tech Park, Magarpatta City, World Trade Centre.
Koregaon Park
Being located on the Mula 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.
The Koregaon Park has some of the most luxurious bungalows, penthouses, and multistory apartments. Being one of the posh areas in Pune, This locality has hundreds of famous cafes, restaurants, and shopping malls in the regions have driven the importance of the locality.
Price Trends For Koregaon Park
Connectivity
The connectivity of Koregaon Park is strengthened by the North and the South Main Roads. The Yerawada Bridge and HH Aga Khan Bridge connect the Koregaon locality to the surrounding key localities of Koregaon Park. The Khardi Bypass is 4 Km away from the Koregaon Park locality.
The proximity to the Pune Junction Railway Station and the Pune International Airport has given significance to the Koregaon Park area. The Pune Junction Railway Station is 4KM and the Pune international airport is 5 KM from the Koregaon park 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.
Social Infrastructure
Hospitals: Jehangir Hospital, Dr. Bapusaheb Genuji Kavadepatil Hospital, Cloud Nine Hospital.
Schools & Colleges: Marathon International School, Ness Wadia College of Commerce, St Joseph Convent School, B J Medical College.
Retails and Malls: Phoenix Market City, SGS Mall, Amanora Mall, Seasons Mall
Popular Places in Koregaon Park: Gandhi National Memorial, Osho TeerthPark, Phoenix Market City.
Nearby Employment Hubs: Cybercity Magarpatta, Marigold IT Park, Commerzone IT Park, EON Free Zone
Kothrud
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.
Connectivity
The proximity to Mumbai Pune Expressway contributed to strong connectivity to the Kothrud region. Pune Junction Railway Station is located 7 Km from the Kothrud Location whereas the Pune International Airport is 15Km away.
The PMPML has provided a strong public transport network that allows connectivity to the other areas of Pune city. PMPML Bus Network
Price Trends For Kothrud
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.
Social Infrastructure
Hospitals: Denanath Mangeshkar Hospital, KEM Hospital, Ratna Memorial Hospital,
Schools & Colleges: Bhartiya Vidya Bhavan, St Joseph High School, St Marys School.
Retails and Malls: City Pride, Kumar Pacific Mall, Reliance Mall, Nucleus Mall.
Nearby Employment Hubs: Chandni Chowk, Bavdhan, Nano Space IT Park, Prabhavee Tech Park.
Model Colony
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 and one of the prime areas locality can be easily accessed from the Model Colony. This provides impressive employment opportunities in the Model Colony and the surrounding region.
Connectivity
Shivaji Nagar railway station is just 1.8Km from the Model Colony. Also, the Pune Junction Railway Station is 4 Km from the Model Colony. The Pune International Airport is 12 Km from the Model Colony via Airport Road.
The important roads such as Fergusson College Road and Jangali Maharaj Road are 1 Km and 1.5 Km away from the Model Colony.
Price Trends For Model Colony
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 Hinjawadi – Civil Court.
Social Infrastructure
Hospitals: Ratna Memorial Hospital, Deenanath Mangeshkar Hospital, MJM Hospital, Hardikar Hospital.
Schools & Colleges: Government Polytechnic Pune, Kendriya Vidyalaya Pune, Modern College Of Arts Science & Commerce
Retails and Malls: Pune Central, Pavilion, LifeStyle Stores, City Mall.
Nearby Employment Hubs: Platinum Tech Park, Venture Centre, Kumar Business Centre, World Trade Centre.
Senapati Bapat Road
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 its 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.
Price Trends For Senapati Bapat Road
Connectivity
Shivaji Nagar Railway Station (3 Km) is the nearest railway station to the Senapati Bapat Marg. On the other hand, the Pune International Airport is 12 Km away from the locality. Both these factors have been paramount in enhancing the connectivity of the Senapati Bapat Marg.
Currently under construction Metro Line Phase 1 (Purple Line) will boost the overall connection of the Senapati Bapat Marg. The Nearest Metro station will be Agricultural College Station, RBI Station, and Shivaji Nagar Metro station. The project is expected to be completed by 2027.
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.
Social Infrastructure
Hospitals: Ratna Memorial Hospital, Deenanath Mangeshkar Hospital, KEM Hospital, Sanjeevan Hospital
Schools & Colleges: Bharatiya Vidya Bhavan, St Joseph High School, Symbiosis Primary & Secondary School
Retails and Malls: The Pavillion, City Mall, City Pride
Nearby Employment Hubs: Bhosari, Hadapsar ad Hinjewadi Employment Hubs, Platinum Tech Park, Nanospace IT Park.
Sopan Baug
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.
Price Trends For Sopan Baug
Connectivity
Pune Junction Railway Station is 4 Km from the Sopan Baug Locality. Another nearest railway station is Hadapsar which is 7 Km from the locality. The Pune international airport is 11 Km via Airport Road.
Dobar Wadi Road and the Sopan Baug Road and Soli Poonawalla roads have strengthened the connectivity of the Sopan Baug.
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.
Social Infrastructure
Hospitals: Jehangir Hospital, Ruby Hall Clinic, KEM Hospital, Noble Hospital
Schools & Colleges: St Marys School, St Vincents High School, The Lexicon International School, Bishop School.
Retails and Malls: SGS Mall Pune, Nucleus Mall, Ashoka Mall, Mariplex Mall
Nearby Employment Hubs: Manikchand IKON, Connaught Place Bund, Magarpatta City.
Wadgaon Sheri
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 enhancing enabling easy access to the developing social infrastructure.
Price Trend
Connectivity
Wadgaon Sheri Road and Nagar Road play a key role in providing solid connectivity to the region. Pune Junction Railway Station is 7km from the Wadgaon Sheri. Moreover, the Pune International Airport is 4Km from the New Airport Road. The availability of strong public transport infrastructure has strengthened the connectivity network of the Wadgaon Sheri.
Growth Factors
The IT industry is expanding near the Wadgaon Sheri region. This will increase the demand for residential properties in the Wadgaon region. The strengthening of the connectivity and the social infrastructure is to boost the residential property prices in the Wadgaon Sheri region.
Social Infrastructure
Hospitals: City Care Hospital, Salunke Multispeciality Hospital, KEM Hospital, Jahangir Hospital, Ruby Clinic Hospital.
Schools & Colleges: Marathon International School, Symbiosis International School, St Marys School, St Vincent High School
Retails and Malls: Phoenix Market City, Mariplex Mall, SGS Mall
Nearby Employment Hubs: Hadapsar and Mundhwa industrial hubs, Magarpatta City, Cerebrum IT Park, EON IT Park.
Kalyani Nagar
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.
The IT industry is gaining momentum in the Kalyani Nagar region. The affordability coupled with the good connectivity and the physical infrastructure makes the locality a perfect option to buy residential property.
Price Trend For Kalyani Nagar
Connectivity
Pune-Ahmedabad Highway and the Symbiosis Road have contributed to boosting the connectivity of the Kalyani Nagar Region. The Pune international airport is 5.6 Km whereas the Pune Railway Junction is 6 Km away. The upcoming Metro Phase 1, Line 2 from Vanaz – Ramwadi will have Kalyani Nagar as a metro station.
Growth Factors
The locality will grow on the industrial front. Increase 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.
Social Infrastructure
Hospitals: Columbia Asia Hospital, Ruby Hall Clinic, KEM Hospital, Jahangir Hospital.
Schools & Colleges: Lexicon International School, The Bishop’s Co-Ed School, Don Bosco High School, Symbiosis International School
Retails and Malls: Phoenix Market City, SGS Mall, Nucleus Mall, Vascon Mariplex Mall
Nearby Employment Hubs: Manikchand Ikon, Cybercity Magarpatta, Cerebrum IT Park
Shivaji Nagar
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.
Price Trends For Shivaji Nagar
Connectivity
Old Mumbai Pune Highway provides greater connectivity to the Shivaji Nagar locality. The bus network further provides easy access to the other key areas in Pune. The Shivaji Nagar Railway station allows the residence to connect to the other employment hubs in Pune. The international Airport is 12 Km away from Shivaji Nagar.
Growth Factors
Upcoming Metro Line 1 (PCMC – Swargate) and Line 3 (Hinjawadi – Civil Court) will boost the connectivity of the 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.
Social Infrastructure
Hospitals: Ratna Memorial Hospital, KEM Hospital
Schools & Colleges: Bharati Vidya Bhavan, St Peters School
Retails and Malls: Nucleus Mall, SGS Mall, City Mall, Pune Central
Nearby Employment Hubs: Platinum Tech Park, Connaught Place Bund, Kumar Business Centre, Nanospace IT Park.
