Buy property in Pune

Property Prices and the Best Suburbs in Pune to Buy a Home in New Year

New Year brings in new hope and new horizons. How about bringing in the New Year with realizing your long-cherished dream of owning your space-buy property in Pune? Pune property rates are rapidly rising every year given a significant influx of people coming to the city for work or higher education. Although this has made Pune’s property market one of the most active in the country, however, the demand is -leading to increased prices too. You may get some good deals in Pune suburbs though.


Naiknavare Developers, a prominent name in Pune real estate circles have residential projects in all prominent Pune suburbs. Here’s a curated list of the best suburbs in Pune and a few Pune properties new projects from Naiknavare Developers.


Best Pune Suburbs to own a home


  • Balewadi


Balewadi is an upcoming north-western suburb of Pune. Popular for the Shiv Chhatrapati Sports Complex, Balewadi enjoys proximity to Aundh, Baner, and the Mumbai-Pune Expressway. Dapodi railway station lies very close and Pune central railway station is only 15 km away. There is good bus connectivity to Pune and neighboring cities. The area has high commercial viability high due to IT and business hubs in the nearby areas. Balewadi neighborhood comprises mostly high-income residents. The average price of the locality ranges Rs 8000 per sqft. You may get anything here in the range of Rs 4000-16500/sqft.


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Naiknavare Developers have a popular residential project Avon vista in Balewadi near Wakad bridge, Mumbai-Pune Expressway, and Hinjewadi IT Park. Spread across 6 acres of land, this project hosts 6 towers with spacious flats for sale in Pune in 2 and 3 BHK configurations. Prominent educational centers and recreational destinations are located in the vicinity. This luxurious project comprises 6 impressive towers wherein Phase I and Phase II are sold out, Also Phase III & IV is sold out. We launching higher floors soon. This plush project offers 30+ lifestyle amenities including a Convenience Store, Co-working Spaces, Pet Zone, and Indoor Game Zone.


  • Talegaon


Talegaon is a proposed smart city and the most sought-after property destination among investors. On average, the property prices are between Ru 3200-5000/sqft. This Pune suburb boasts an excellent location. Situated on the Mumbai-Pune highway, in the middle of the Mumbai-Pune-Nashik triangle, Talegaon is just 45 minute drive from Pune and a two-hour drive from Mumbai. So, you enjoy the perks of big city life (given the small distance) yet away from the maddening city life. Talegaon Dhabade has good rail air and road connectivity to Pune and adjoining areas. Pune airport is about an hour and 15 minutes from Talegaon. There is a railway station at Talegaon Dabhade too. A few major roads running through the area include Talegaon-Chakan Road and Mumbai-Pune Expressway.


Another USP of Talegaon is its proximity to major employment hubs. There is an industrial belt of PCMC, Maval, Chakan, and the IT park of Hinjawadi that lie close to it. The travel time for these established employment hubs is quite low.

Read more - Types of Real Estate Properties in Pune & their Difference

Naiknavare Developers currently have three ongoing projects in Talegaon. Let us explore them one by one.


 1. Dwarka


Dwarka is a 100-acre township located in the Chakan offering 1, 2, and 3 BHK flats and rowhouses which aim to recreate a holistic & serene lifestyle. This self-sufficient township houses 6000+ Flats, a school, a hotel, a hospital, a sports center, and a vast forest area. This popular project has 2500+ families already residing there.


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2. Kutumb


Kutumb by Naiknavare Developers powered by Primus is another one of its kind India’s first Inter-generational Community project. The project comprises row houses, duplex homes, townhouses, 2 BHK, 3 BHK apartments, and NA serviced plots. The project is located in Vadgaon Maval on Old Mumbai-Pune Highway and just 5 minutes from Talegaon Expressway toll plaza. Spread over a vast area of 15.55 acres amidst the picturesque landscape the highlight of the project is its exceptional service rendered by Primus for the residents. From taking care of the elderly and children, home-cooked meals, daily home cleaning, and emergency medical treatment facilities with ambulance and doctor-on-call 24×7. All your needs are well-taken care of at Kutumb. Kutumb by Naiknavare Developers powered by Primus is worth investing your money into.


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3. Neelaya


Neelaya is the third ongoing residential project by Naiknavare Developers at Talegaon. Offering affordable and comfortable 1,2 BHK apartments Neelaya is located on the Pune-Mumbai highway. Spread across 3.5 acres of land, these smart homes have a host of amenities to offer. You get easy access to top-rated schools, hospitals, shopping centers, and institutions.


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  • Viman Nagar 


Viman Nagar has properties ranging from Ru 6300-14000/sqft. Viman Nagar offers good transportation facilities to its residents, proximity to the airport, and two major IT Parks. It offers affordable luxury housing, as well, which makes it a place worth residing in. With an infrastructure that is improving and a moderate cost of living, Viman Nagar is gearing up to be a desirable Pune suburb to stay at.


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Eminence by Naiknavare Developers is a luxurious project offering 4 & 4.5 BHK apartments in Viman Nagar, Pune. Unique even by its structure (which is hexagonal), these spacious homes are designed for those aspiring for an opulent and lavish lifestyle. This is one of the best properties in Pune located in a plush suburb.

Also check - Should you Buy a Residential Plot or a Ready Bungalow in Pune?

  • Shivajinagar Pune


The pride of Pune, a locality that doesn’t need an introduction-Shivajinagar. Steeply priced between approx. Ru 10000-60000/sqft, Shivajinagar enjoys excellent connectivity with other parts of the city and has a great social and physical infrastructure. Close to several IT, corporate, and business parks, there are several popular residential localities surrounding Shivaji Nagar. There is easy access to major expressways and highways along with good bus and train connectivity. Proximity to the city as well as rapid development in the area has increased the demand for housing in this area of Shivaji Nagar.


If you are eyeing a home in this locality, you may check out Shivatman by Naiknavare Developers. It is a 7-storied stand-alone apartment that offers 2 and 3 BHK luxurious residences. A designer entrance lobby and a cascading waterfall welcome you along with modern lifestyle amenities for contemporary living.


Buy property in Pune


With its emergence as a thriving employment center with many job opportunities (notably in information technology and IT-enabled services), and the livability factor, Pune property rates are competing with those in Mumbai and Bengaluru. Pune’s suburbs have developed robust infrastructure, which has resulted in a spike in demand for flats and improved plot rates in Pune.


The New Year is just around the corner and if you are keen to buy property in Pune, here’s your handy guide to the best Pune suburbs and some excellent residential projects in these areas.



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