Pune’s proximity to Mumbai has fueled its rapid economic growth, transforming its residential and commercial landscape. Several prime locations across Pune have emerged as hubs of eclectic lifestyles and amenities. Here’s a closer look at what makes these areas stand out.
Baner
Situated in Pune’s western zone, Baner attracts many IT professionals who prefer living here while working in Hinjewadi. The area exudes a cosmopolitan vibe with its numerous pubs and restaurants. Baner has seen significant growth in upscale residential projects due to the presence of several multinational companies.
Kalyani Nagar
Originally a residential neighborhood, Kalyani Nagar has evolved into a thriving IT and commercial hub, drawing people in from across the country. The area is home to renowned institutions like Lexicon International School, St. Mira’s College for Girls, and Deccan College for Post-Graduate Studies. Medical facilities such as Inlaks & Budhrani and Cloudnine Hospitals ensure high-quality healthcare for residents.
Kharadi
Located along the Mula-Mutha River, Kharadi is a key IT and business park hub in Pune’s eastern metropolitan corridor. It hosts offices of major tech and communication companies, fostering numerous job opportunities. The banking sector is also establishing a presence here, further boosting the local economy.
Hinjawadi
Hinjawadi, in the western zone, is home to over 800 companies in the manufacturing, automobile, and IT sectors, centered around Rajiv Gandhi InfoTech Park. Prominent residential projects like The Gale at Godrej Park World and Blue Ridge Public School are located here. Medical facilities at Manipal and Aditya Birla Hospitals, along with entertainment spots like No Escape and Phoenix Mall of Millennium, enhance the area’s appeal.
Kothrud
An upscale residential and commercial area in Pune’s southwestern zone, Kothrud boasts top educational institutions like the Maharashtra Institute of Technology (MIT) and MIT World Peace University. The presence of Sahyadri and Shashwat Hospitals makes Kothrud a highly desirable location. The Pune City Metro Rail also helps ease traffic congestion here.
Hadapsar
Once an industrial belt, Hadapsar has become a major residential and IT hub in Pune’s eastern suburbs. It hosts three significant SEZs: Magarpatta, Amanora Park Town, and SP Infocity. Educational institutions like Wisdom World School and Delhi Public School add to the area’s appeal. Hadapsar also hosts the annual Wari pilgrimages, attracting pilgrims from all over Pune.
Wakad
In Pune’s western zone, Wakad is an upscale residential and business hub favored by millennials and investors due to its proximity to the Hinjewadi IT hub. The area features prestigious projects and educational institutions such as Mount Litera Zee School. Aditya Birla Memorial and Lifepoint Hospitals provide state-of-the-art medical facilities.
Koregaon Park
Koregaon Park has become a prominent commercial hub over the past decade, known for its restaurants, pubs, and diners. The Osho International Meditation Centre, attracting global followers, is a key landmark. The German Bakery, a favorite local haunt, adds to the area’s charm.
Viman Nagar
Close to Pune Airport, Viman Nagar has seen rapid growth due to increased domestic and international travel. The area is now home to many businesses and multinational companies. Notable schools and colleges include Fort International Academy and Silver Bell Tree School.
Balewadi
Balewadi, part of the Smart Cities Initiative, has experienced significant real estate and economic growth, attracting job seekers and business owners from across India and abroad. The area features prestigious educational institutions such as PICT Model School and Mitcon Institute of Management.
Conclusion
These top 10 locations in Pune are setting new trends in real estate, social and civic infrastructure, and lifestyle. As these areas continue to grow, they will further boost Pune’s economic prosperity, making them highly desirable for residents and investors alike.
These top 10 locations of Pune are the go-to destinations for homebuyers and investors. Find out what they have to offer in terms of social and civic infrastructure.