3 Upcoming Areas to Invest in Pune

Making an investment in a residential property is an important step for most individuals. Hence, this decision should be made after considering several factors that will determine the return on investment. Buying a residential property in Pune has become expensive. Hence, most buyers are looking at the outskirts. With development taking place in several areas outside Pune, it has become a great investment opportunity for most buyers.

 Budgeted Investments in Pune

Some investments show immediate returns while some take a little time. Making a wise decision in this regard will help you reap higher returns in the coming years. Some of the upcoming areas for investment in Pune are:

1. 1.      Uruli Kanchan
2. This area has seen a lot of development in the last few years thanks to people who frequent the naturopathy ashram located here. Ashram visitors who require a place to stay for days and months on end serve as renters. Although there is acute water shortage in this area, it is set to grow in the coming few years.
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4. 2.      Shirwal
5. Shirwal is an industrial hub with several key manufacturing organizations setting shop here. With better road connectivity and easy availability of space, it is fast turning into a residential hub. With rigorous development in place, this area is already seeing an appreciation in land costs.
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7. 3.      Saswad Road
8. This area is situated near the Hadapsar IT belt. Proximity to several companies ensures a good market of homebuyers and renters. Real estate in Pune is booming and most people working in Hadapsar or Jejuri MIDC are investing in areas like Saswad Road that are in the process of development.

    Most residential developers and investors alike are exploring these areas. With prices of properties in Pune shooting up in most areas, it has become of prime important to make an investment that is not only feasible but also ensures huge returns in investment. If you are looking to buy an apartment in Pune, consider choosing an area that is sure to see exponential growth in the coming years.