Baner Considered as Fairly Established Destination For Property Investments

Baner is known to be the suburb of Pune and over a period of time, this region is famous for its Varkari tradition as well as the bhakti aradhana. It is being located off the Katraj-Dehu Road bypass by passing Pune city. The road generally serves to be the main approach for the by pass which in turn connects the Mumbai Pune Expressway. This region is being bordered by Pashan in the south, Aundh to the north, Balewadi to the west as well as the Pune University to the east. It is the most residential and commercial hub of Pune whereas the large portions are being occupied by various IT companies. Various temples over here has become the part of the cultural heritage which includes temples of Shri Ram, Lakshmi, Hanuman, Bhairavnath, Baneshwar, Ganpati, Vitthal Rukmani and many more.  Bhairavnath Temple is known to be the most prominent temple in Baner Pune and is being located in the middle of the town.

Being located on the western side of Pune, the Baner is consider to be one of the popular suburbs in the city and hence is known to enjoy excellent connectivity to other areas in Pune. It is located very close to Aundh and hence accounts a lot to majority of the property buyers. Due to the presence of the  Hinjewadi IT Park, the demand for the Baner-Balewadi belt has seen to get increase. Aundh and Pashan are certain areas that are being located in the close proximity of Baner-Balewadi belt.

According to the Shantanu Mazumder, the branch head of Pune Knight Frank, Having a close proximity to the Hinjewadi where you can find large number of the IT Players being operating , it has thus resulted to become one of the huge employment opportunity not only for the IT professionals but along with the support services. The prime factor why the property in Baner are gaining high popularity are that this region is known to have close proximity to the certain manufacturing hubs on the Mumbai - Pune Highway or the Pune - bangalore Highway. As a matter of fact large number of the population as well as the investors are seen to prefer this location for investment purpose. Close to the Baner lies one locality i.e. Balewadi which is an upcoming location which is being equipped with the necessary social infrastructure. Several developers are seen to eye on this location in order to launch the projects.

The residential projects in Baner offers a wide choice of selecting from various units of apartments like 3 BHK, 3.5 BHK as well as the 4 BHK apartments. According to Vasudevan, being positioned between the city center as well as the Hinjewadi IT development, earlier it was found that the bungalows as well as the land were available at a very cheap rates. As a matter of fact, it gives a good opportunity for good returns. According to the Shailesh Puranik, the Managing Director of Puranik Builders Pvt. Ltd, The popularity of this location has been seen to improve over a period of years and is thus been increasing continuously. Due to the establishment of the commercial sectors, it has thus seen to have huge potential to become one of the desired locations in the near future. Now this area has been considered to become one of the highly developed and well established residential as well as the commercial destination of Pune. The prevailing property rates over here are seen to be within the range of Rs 5000 to 6000 per square feet. The roads over here are well planned and is thus having a good connectivity to Mumbai and Pune.

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