Residential Property in Baner Pune
Once considered an outskirt of Pune City, Baner has now become one of the most important living & commercial destinations. The suburb has witnessed rapid commercialisation in the last decade. This is one of the main reasons why investment in Baner has seen a steady growth in the past few years.
The suburb Baner is located at the foothill of a lush hill range that forms a significant part of the Baner-Pashan Biodiversity Park. The Baner road serves as the primary connection from the city to the Mumbai-Pune bypass road. This is one of the main reasons why its infrastructure has developed so magnificently, and the demand for Residential Flats in Baner is high.
Real Estate in Baner
You would be surprised to know that Baner was once known for its agricultural development. And this is just about two decades back! With the influx of many I.T. companies, its landscape slowly started to change. Also, several residential areas were declared as residential soon after. The growing demand for living spaces saw the rise of several residential projects in Baner. This provided a lot of good residential options to the large working population that came to Pune for jobs.
You will find an array of residential homes in Baner today. Talking about big bungalow societies, row-houses to luxurious, premium as well as affordable apartments – this suburb has it all!
Why investing in Baner Pune is a good idea?
One of the many factors that attracted people to Baner was its lush green setting thanks to the presence of the Baner Hills. With an elevation of 2220 feet, these hills are one of the highest points in Pune, and they separate Baner from Pashan. If you’re someone who enjoys a short trek now & then, then living near Baner Hills is nothing short of a treat.
Apart from that, its proximity to other vital areas like Aundh, University of Pune, Model Colony & the fast-growing locale of Balewadi and many other areas gives Baner the benefits of a central location.
Baner is also an important employment hub. It is home to the Nanospace I.T. Park. The Pune I.T. Park is located just 6 kilometres away from Baner. It is also close to Hinjewadi – Pune’s I.T. hub. The ICC Towers and Mahratta Chamber Of Commerce Industries & Agriculture Trade Tower are also just a few minutes away.
You will find a growing number of popular restaurants, cafes and pubs. Some of the most renowned names are Malaka Spice, The K Factory, Minus 18 Degrees, Pimp My Wok and Flying Duck. The food industry in Baner is one of the best in the city!
The food-truck culture has also significantly evolved & you will find quite a few popular food-trucks in the lanes of Baner.
Another reason why investing in Baner is an excellent option because of its high property appreciation & comparatively better prices. Property prices in Baner have appreciated by around 20% in the last one year! Also, current property rates lie between Rs. 5500 to Rs. 8500. This is one of the main reasons why residential apartments in Baner are always considered as one of the best investment options in Pune.
Schools & Hospitals
There are many reputed schools in and around Baner such as the Sinhgad Spring Dale School, St. Joseph High School.
Symbiosis College of Arts & Commerce is located on S.B. road – again, very close to Baner. But Savitribai Phule University is even closer!
The area is also rich in terms of healthcare infrastructure & services. S.R.S Memorial Hospital, Oyster & Pearl Hospital, Ratna Memorial Hospital are all in & near Baner. This kind of excellent connectivity has provided a significant boost to all Residential Properties in Baner.
Benefits of Living in Baner
Excellent connectivity to Aundh, Wakad, University Road, Balewadi, Hinjewadi, Mumbai-Pune Expressway. A residential property in Baner is subject to one of the best & steadiest property appreciation rates in Pune real estate Ever-improving lifestyle & civic infrastructure
All-in-all, it is safe to recognise Baner as one of the best investment & residential destinations in Pune. Its serenity, excellent connectivity, incredible investment prospects & strong commercial presence are helping it realise its true potential.