Pune is one of the most important cities in India and many people look for suitable accommodation there. There are various reasons for this; Pune, as a leading city, business centre and port town of India, offers excellent opportunities for both job seekers as well as entrepreneurs to build up profitable and rewarding careers. Numerous residential and commercial accommodation projects are coming up everywhere in the city. However, until recently, the working class and the low-income group people were finding it difficult to get adequate and budget-friendly accommodations. These people were on the lookout for smaller and affordable accommodation options on sale or for rent but for reasons best known to developers, there was an acute shortage of 2 BHK apartments in Pune.

Though there is still a shortage of such accommodations in Pune, residential projects that have come up in Wagholi seem to compensate for the deficiency to a great extent. Interested buyers can now buy 2 BHK resale flat in Pune Wagholi that is available at various stages of completion. Some of them are in the planning stage with land for the project acquired while others are under construction at various levels. There are some ready to move apartments as well. These smaller configuration apartments in Wagholi take care of the requirements of the buyers who look forward to buying such low-cost apartments to suit their budgets.

Wagholi is also little trailing in the race. The location has excellent connectivity with the rest of Pune and is also in close proximity to many industrial and commercial areas that would suit the working class nicely. Located on the Eastern border of the city, it has grown into one of the city’s most important outskirts. According to its location, it affords a good access to existing and future launches in Hadapsar, Kharadi and Bund Garden. Its proximity to Pune Airport and Eastern IT hubs of Kharadi and Magarpatta and also to Shikrapur-Chakan industrial belt growths it's demand.

Wagholi is one of those areas which is expected to be included within city limits. Presently, the locality is under the Gram Panchayat and have seen the burst of new projects in recent times as developers want to save taxes which they have to pay to authority while getting approvals. This location in Pune has now become a major target for potential low-cost home buyers as well as for developers with plans of constructing low-cost houses for the target customers. Its closeness to Pune International airport is an additional reason behind its popularity that creates it one of the popular hubs for NRI to invest.

What’s available From Rs. 25 lakh- 2BHK Flats of 700-1000 SQ. ft.

Rent expected- Up to 20,000 per month

The supply of 2 BHK apartments was low in Pune as the demand for them in the market was consistently below 10% of the overall property demand. However, in the last few years, there has been a change with an influx of many students and young professionals who are choosing to settle in the city. These people look for low-cost accommodations both on sale and for rental and this Wagholi resale 2 BHK flats in Pune are perfect for such people. 

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Pune also denoted to as the Queen of the Deccan, has developed an attractive location for people to live. The North-Eastern quadrant of Pune has a profusion of options when it comes to residential projects which are backed by good infra facilities and seamless connectivity. The zone has localities that offer buyers with a gamut of residential properties ranging from multi-storey complexes to affordable one BHK apartments.

Cerebrum IT Park, Kalyani Nagar, Pune

A prime location in Pune is Kalyani Nagar. It has seen a major growth in construction and development area, owing to so many professionals shifting base to Pune. Kalyani Nagar has some of the best IT Parks and many companies have set up their offices in this area. This nearness to renowned IT/ITEs and other MNCs has led to massive demand from professionals who are intense to invest in the residential area of investing here will save their valuable time in travelling back and forth to their office spaces.

Likewise, Kalyani Nagar, a developing residential locale is located in the southern suburbs of Pune. The residential market of the locality is growing due to several influencing factors including vicinity to business enclaves, swift connectivity and last but not the least improved social-physical infrastructure.

The aforementioned growth stimulators have played a pivotal role in the sale of the ready to occupy residential dwellings and a development of new housing complexes.  Homebuyers’ growing fondness to invest in the Kalyani Nagar 1 BHK apartments has primarily come from its geographical location. It also provides great connectivity to Koregaon park courtesy a 300-meter bridge that has been constructed. If you looking for a flat on rent in Pune, Kalyani Nagar is one of the most preferred options.

The buzz in the town has attracted people from different walks of life and has led to rapid urbanisation that has reworded into improved social infrastructure. Also, nearness to modern day conveniences including reputed schools, colleges, health care centres, among others has helped the residents to avail the services of these commercial establishments and other civic utilities.

In the area of connectivity, Kalyani Nagar is served by uninterrupted metro rails and other public transit systems. In addition to it, the wide and expansive roads have alleviated the traffic related woes to a great extent. These sturdy road structures have also connected the locality with all the viable destinations of the city.  Therefore, Smoothness in the connectivity has majorly upsurge the sales of one BHK apartments of the locality.

So if you are interested in investing in the affordable new residential project in Pune, then book 1 BHK apartments in Kalyani Nagar.

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Pune has already reached its saturation point in terms of real estate. Prices in areas near Pune are beyond the means of any common man. Under such circumstances, a lot of people intending to have real estate investment have shifted their focus to Pune for the last couple of years. Talegaon, which happens to be quite close to the Pimpri-Chinchwad municipality, has become a favourite place for many real estate investors.

This area is only 25 km from the Hinjewadi IT Park and is also very close to the industrial belt of Chakan which partly explains the reason behind its growing popularity. Talegaon has very good connectivity with the neighbouring states via Pune-Pune Expressway, Pune–Nashik Road and Bangalore-Pune Expressway.  Among several developers in this region, Mantra properties and Namrata builders deserve an honourable mention.

Maval Shades                                 

Maval Shades is being developed by Mega Developers. It is still under development stage and is expected to be completed by the end of 2017. The carpet area of a 1 BHK apartment in Talegaon for sale in this project ranges in between 547-979 sq. ft. 

Minutes away from the Mumbai-Pune Expressway and very near to the auto hub of Pune, ‘MAVAL SHADES’ offers you a life that’s truly grand. Apartments in Maval Shades properties are available in both and 1 and 2 BHK configurations. 

The apartments re-priced at the rate of Rs. 4090 per Sq. ft. all major civic amenities like schools, hospitals, ATM’s and malls are easily accessible from these projects. 

Namrata Ecocity

Namrata Ecocity is spacious and well-designed residence complex in Talegaon. This project is already completed and interested buyers can readily move in without any delay. 

This project is located just beside the Dr. D.Y. Patil Educational Federation and has a number of well-known schools like Saraswati Vidya Mandir and Euro kids within easy driving distance.  This project is being built by Namrata Group and is divided into 7 floors.  

The average configuration of 1 BHK apartment in this project is around 535 sq. ft. and is priced at Rs 4112 per sq. ft., which is not too high considering the average rate for Talegaon 1 BHK Apartments for sale.

Besides these two projects, there are numerous other new projects in Pune, which can fit your needs and budget easily.

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An ideal city to invest in real estate is Pune which is situated in Maharashtra. It was once said to be a gloomy village but today has transformed itself into a sought after place for realtors as investors and buyers are in need of cost-effective homes near Pune.

The properties in the city are quite costly and mid-income level people feel it hard to acquire too high-cost values. Pune is nestled in the National highway and it is also known to be a strong industrial center. So investing in resale flats for sale in Pune are worth a lot as it is sure to give assured returns on investments.

The resale flats around in Pune, are located in prominent places with the myriad of amenities and good roadways for quick and ease of travel. This is an added benefit for buyers looking for land parcels within their pockets. Further, constructing your desired type of home can also be possible when you acquire lands here.

When it comes to commutation, the suburban trains can be availed to all parts Pune frequently. And as of roads there seamless to and fro transits as it is in the NH -4, 9 and 50.

The need for reasonable lands/plots is increasing day by day in Pune since there are endless industries encompassing steel units and of course the famous Oswal industrial estate. Due to the presence of these industrial centers, employment opportunities have been maximized which in turn made the professionals looking for investment to invest in here.

People who are new to this place are buzzing over to acquire a property as they are aware that Pune will soar in property prices in the coming years. The investors and buyers who acquire properties are mainly from Wakad and Wagholi places who work with the firms in Pune.

If you are for affordable resale flats within budgets near Pune then it would be the right choice for investment. So, consult a trusted realtor as there are the array of properties for all income peoples giving surplus choices to choose from. 

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