Pune’s luxury housing market perfectly captures the evolving essence of the city-vibrant, modern and connected to its roots. – Ms. Gunjan Goel (Director of Goel Ganga Developments). In this blog, we’ll be exploring the top 10 luxury residential areas in Pune that are perfect for those seeking a lavish and spacious home.
If the tales of Chhatrapati Shivaji Maharaj or the legendary romance of Bajirao and Mastani have ever captured your imagination, then Pune is undoubtedly a name that resonates with you. Often referred to as the ‘Oxford of the East’ this city beautifully reflects its rich history, art, architecture, and modern infrastructure. The city’s strong reputation for its highly renowned educational institutions, bustling job market, lush greenery and quiet has attracted residents from all over the world. Pune is considered amongst the top real-estate investment opportunities of the affluent. With its robust real-estate market, the city offers a diverse range of residential options from luxe villas to high-end, high-rise apartments.
Viman Nagar
Viman Nagar is one of the most sought-after localities in Pune, especially for those who work in IT. With the presence of several IT Parks in its radiance, residents of this area are willing to pay a high price for luxe amenities. Viman Nagar is a strategic location and offers great connectivity to its residents. It’s located in close proximity to areas like Kalyani Nagar, Lohegaon, Pune airport and Pune Station making it the perfect location for those who value convenience and luxury.
Koregaon Park
Koregaon Park is synonymous with luxe living in Pune. Since it is centrally located, it boasts a high-value real estate area with several commercial projects underway. Most famous for its vibrant lifestyle, the area is famous for some of the city’s most popular restaurant joints, cafes and entertainment options. With its lively culture and thriving scene for fashion, art, and music, the Koregaon Park is also a great choice for investors looking for commercial properties in Pune.
Hinjewadi
Known for its well-balanced residential and commercial infrastructure, Hinjewadi is gaining popularity amongst the IT crowd and corporate working professionals. Over the last 5 years, the area has witnessed significant growth with metro stations opening up, and attracting millennials. There are plenty of luxury apartments by reputed developers offering a lifestyle of comfort and convenience. Hinjewadi hosts several great restaurants, cafes and shopping spots for its residents. The increasing connectivity is also adding to the area’s charm .
Aundh
Aundh is known for peace, greenery, comfort and luxury. Primarily owned by affluent families, the area offers a serene environment, perfect for raising children. Along with dense connectivity, the area is close to several popular areas in Pune. Aundh is also famous for hosting reputed educational institutions and healthcare facilities making it the perfect choice for several families.
NIBM Road
NIBM Road offers excellent connectivity to major transport hubs including the airport and railway station. This location particularly attracts businessmen who would prioritise connectivity. With high rent prices, NIBM road is in high demand adding to the potential of a higher rental income making it a great investment opportunity.
Shivaji Nagar
Shivaji Nagar hosts several government offices along with a robust social infrastructure. With several upcoming residential and commercial projects, the area caters to those seeking to upscale their lifestyle while being close to essential services such as hospitals and schools. Along with a strong transit system, the area offers higher connectivity further solidifying the area’s status as one of the best places to live in Pune.
Magarpatta Road
Magarpatta road is known for its safety and community living. Known for the city’s several plush properties including bungalows and high-end apartments. The area is known to provide CCTV surveillance in several public areas adding to its secure charm. With fewer commercial properties in comparison to other areas, Magarpatta is close to several schools and healthcare facilities making it a desirable locality for families.
Kalyani Nagar
Kalyani Nagar is known for its aristocratic charm and affluent lifestyle. The area has witnessed rapid development with several commercial and residential spots emerging over the past several years. Since it is in close proximity to IT Parks it also makes for a favoured choice amongst families seeking luxe living without compromising on accessibility to shopping malls and entertainment centres. A strong public transportation system further adds to the area’s charm.
Kharadi
Kharadi has grown to be a prominent suburban locality due to the area’s elegant lifestyle options. Since it is located close to several IT parks including the World Trade Centre, Kharadi offers a great range of employment opportunities along with easy access to several transport routes. Along with several emergence of new residential projects, the demand for this area is on the rise making it a popular choice amongst punekars.
Hadapsar
Often referred to as the ‘Gateway to the Western Ghats’ due to its scenic surroundings, the area is also getting recognised for its rapid infrastructural development. The locality offers a plush range of modern conveniences like shopping centres, local markets, schools and hospitals located closeby. Hadapsar has a plethora of individual villas and spacious apartment homes for buyers to explore.
Conclusion:
As the city grows, so does its real-estate market. With more and more investors ready to invest in high-end, spacious, luxe buildings the city is experiencing transformative change. Coupled with the city’s rapid developmental pace with upcoming metro connectivity investing in this city is sure to add a positive change to your investment portfolio. Whether you’re a young professional or a family in search of convenience, comfort and high-end amenities, the city is perfect for everyone’s needs and lifestyle choices.
By choosing any of these posh areas in Pune, you can embrace a blissful lifestyle surrounded by nature while enjoying the benefits of urban living—a perfect balance that many aspire to achieve.
