Top 10 Most Posh Areas in Pune (Best Richest Residential Areas to live in Pune)
August 12, 2024 in Property Guide
Pune is undoubtedly one of the most beautiful cities in India. Situated on the Western Ghats, it is well surrounded by greenery on all sides. Thus, there is no denying that living in Pune would surely be one of the best experiences. Owing to the economic prosperity of the city, the demand for residential properties is increasing as well. As a result, it is catching the eye of homebuyers.
Pune is the perfect city in India that helps strike a balance between work and life. If you're planning to shift to Pune, you must consider getting a property in one of these posh living areas.
Let's dive deeper into exploring the top posh localities in Pune.
Best 10 Posh Areas of Pune
As a rapidly developing metropolitan city, Pune is often referred to as the "Oxford of the East". Although living in Pune is cost-effective now, the price would just skyrocket in the coming days. Whether you're planning to stay or invest, Pune can be the perfect destination.
You will find some of the best properties, be it villas or apartment complexes, in these localities. Some of the most posh localities in Pune offering comfort is as follows:
Hinjewadi
The top IT sector of Pune undoubtedly has to be Hinjewadi. In a very short time, the area has developed significantly. As a result, it has caught the attention of various real estate developers. Several real estate projects have come up in the past few years to cater to the increasing demand for residential real estate.
Hinjewadi is located close to the city centre. If you're living in Hinjewadi, you'd strike a balance between fun and work.
Viman Nagar
If you're seeking job opportunities and planning to move to Pune, Viman Nagar can be your go-to place. There are many IT parks in this place. As one of the most sought residential areas of Pune, Viman Nagar has all the facilities you will need for comfortable living.
Viman Nagar is well connected to nearby localities like Kalyani Nagar, Lohegaon, Dhanori and more. Being almost close to the city centre, transportation in Viman Nagar is not a problem.
Koregaon Park
Undoubtedly, one of the top residential choices of Pune has to be Koregaon Park. Apart from high-value real estate, there are many commercial properties in Koregaon Park. Being located in the city centre, it will not be wrong to call it the heart of Pune.
Koregaon Park brings in the perfect entertainment opportunities, ranging from the best cafes to restaurants and more. As it is in the centre, it is well connected to other parts of the city via public transport. One of the most unique features of Koregaon Park is that it offers the perfect blend of nature and modern facilities.
Koregaon Park is mostly popular for its numerous prime residential properties. One such property is Atelier Greens by Adani Realty. Being equipped with all the features and facilities, Atelier Green promises the comfort of living. They offer high-end 2 and 3-BHK apartments and gated communities.
Aundh
If you want peace, luxury and comfort, you should consider living in Aundh, one of the prominent high-end localities. A serene locality in Pune, Aundh is very popular among the people for its call environment. No wonder it is one of the most preferred choices for residential real estate investment.
Being connected to the main parts of the city, you can easily avail public transport and visit the places. Whether you're a bachelor in Pune or a family, Aundh will always have something surprising for you.
Read Also: Investment in Pune Real Estate: Benefits of Buying a Property in Pune
Kalyani Nagar
Kalyani Nagar is one of those localities where you can find everything, from commercial projects to residential ones. It is a very sought location that is close to IT Parks, shopping malls and entertainment centres.
Public transport is also available here. So, travelling from Kalyani Nagar to other parts of the city will be pretty cheap. Moreover, Kalyani Nagar is very close to the Pune Junction railway station.
NIBM Road
If you want to stay close to the airport and railway station, you must consider living in NIBM Road. Because of its proximity to the railway and airport, the property prices are very high. Therefore, the rental yield will be high too. Whether you're living here as a student or working professional, NIBM Road will allow you to balance your work and life. It is undoubtedly one of the best places to live for young couples and bachelors.
Shivaji Nagar
Another very posh locality in Pune is Shivaji Nagar. As one of the most posh residential areas, Shivaji Nagar houses several government offices. The ongoing developments in Shivaji Nagar have caught the eyes of investors. If you're planning to invest in Pune at an affordable rate, you must consider Shivaji Nagar. It is anticipated that the region will grow manifold in the coming times.
Magarpatta City
Magarpatta City is one of the most expensive localities in Pune. There are residential areas with luxurious properties, bungalows and apartments. However, there are limited commercial properties in Magarpatta City. Magarpatta City is well-connected to hospitals, schools and colleges.
There are CCTV cameras installed in the area to ensure safety across the place. These cameras are available at every intersection. Moreover, during peak hours, police conduct regular patrolling sessions to prevent the risk of theft and robbery.
Kharadi
Although located in the suburban areas of Pune, Kharadi is quite a posh region. It is located mostly around the eastern side of Pune and is known for its IT park. Apart from the huge IT parks, there are some small-scale industries too. The real estate property prices in Kharadi are pretty high because of its proximity to the airport and railway.
Due to the availability of local transport, movement is pretty easy. The IT Park World Trade Centre is located in Kharadi. As a result, there are many employment opportunities in this region.
Read Also: Pune Real Estate: Don't Miss Out on the Best Investment Opportunities in Pune!
Hadapsar
Hadapsar is often referred to as the 'Gateway to the Western Ghats'. As one of the posh localities in Pune, Hadapsar is a suburb of Pune. It is still in the development phase as various commercial and residential properties are coming up in the region.
You can either rent a property or buy one property for sale in Pune. There are various upcoming residential projects as well that can provide you with the comfort of luxurious living.
Conclusion
Gradually, Pune is becoming one of the most populated cities in India. Being the second largest city in Maharashtra, there are several tourist spots in this city. If you're planning to move to Pune, you must know where the costs would be affordable. Many are still surprised to know that the cost of living in certain posh residential areas in Pune is still higher than that of Mumbai and Bangalore.
Apart from the costs, there are many things that you can enjoy in Pune. The warm hug of nature and excellent living conditions undoubtedly make Pune one of the best places to be in. You can also visit Adani Realty for more information and a better understanding.
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