Top 5 Areas to Buy Affordable 1 bhk Flat in Pune
Pune, the queen of Deccan, is a blossoming city. Development of social infrastructure and public connectivity options has gathered immense momentum in the past few years. The city is attracting investments from start-ups as well as prestigious MNCs equally. Educational, medical, and entertainment facilities have gotten a modern facelift.
Pune’s popularity has transformed into a true cosmopolitan. Real estate prices too are experiencing an upswing. If you have been looking for economical 1 bhk flat for sale in Pune, this post would offer you insights about top 5 areas where you can buy affordable flats.
Wakad enjoys a significant strategic advantage in terms of livability index. It is situated in the vibrant PCMC industrial area near Mumbai Pune Expressway. Public infrastructure and amenities are highly developed.
Closeness to Hinjewadi IT area and inclusion in the proposed metro railway’s route render it an attractive location to live in. Affordable 1 bhk flat in Pune Wakad can be booked in the range of Rs 5555- Rs 6500 per sq.ft.
Mundhwa is close to IT centers of Magarpatta and Kharadi. The area is bordered by idyllic Mula Mutha river, Manjiri, Ghorpadi and railway line. Despite the picturesque set-up and easy connectivity to vibrant IT hubs, the prices of 1 bhk flat in Kharadi Pune and Keshav Nagar are comparatively lower than surrounding regions.
Further, investment in 1 bhk would experience periodic capital appreciation and would also fetch good rental value. Sancheti‘s prestigious Eve’s Gaden project at Keshav Nagar is a classic example of superior construction value blended with affordable pricing. Rates for affordable 1 bhk varies from Rs 3500 – Rs 4800 per sq.ft. in the year. It definitely would not burn a hole in your pocket.
Aundh’s strategic location in the Western corridor, ease of connectivity to major IT hubs across Pune, and highly developed civic infrastructure render it an ideal destination for professionals looking to invest in 1 bhk flat in Pune.
Most of the residents are professionals working with different IT companies and other start-ups. It has been rated as one of the most sought after residential destinations in Central Pune. Affordable 1 bhk flats are still available at Rs 5800- Rs 6600 per sq.ft despite high demand.
Baner has a number of factors working in its favor as a residential hub. It is close to Pune Mumbai expressway and Central Pune. Public transportation and other modes of connectivity are highly developed. Civic and social infrastructure undoubtedly ranks among the best across Pune.
The area’s scenic beauty and proximity to Hinjewadi IT hub are additional advantages. Property prices have experienced year on year appreciation of 20-25%. The Prachi Residency complex at Baner is an ideal example of affordable housing promising exalted living standard. You can easily get 1 bhk flat in the range of Rs. 6000-6500 per sq.ft.
5) Kalyani Nagar
Buying 1 bhk flat in Pune up to 10 lakhs is still possible in Kalyani Nagar area. It is strategically sandwiched between Viman Nagar and Koregaon Park. The place is in close vicinity of business centers, IT hubs, popular malls and hangout places. You can access railway and flight services within 5 Km of the residential area. It would be a prudent decision to buy 1 bhk flat in Pune in this area.
Pune’s appeal as a premium residential area in Western India is underscored by the availability of budget 1 bhk flats in top-notch areas across its landscape. Invest now and enjoy regular value appreciation and enriched standard of living.