An overview of the Baner property market
Baner is one of Pune’s quickly expanding suburban districts, located near the city’s industrial estates and IT centres. The neighbourhood offers strong essential facilities and is well-connected to the rest of the Pune metropolitan region.
Baner is a prestigious residential neighbourhood on Pune’s western outskirts. It is also one of Pune’s oldest neighbourhoods, and it was governed by the Kalamkar family.
Agriculture was formerly prevalent in Baner, but it has since been lost owing to urbanisation and the expansion of residential and commercial zones. Nearby Baner localities include numerous well-known Pune neighbourhoods such as Pashan, Balewadi, Wakad, and Aundh. Baner has a wide selection of projects available, ranging from economical to luxurious. There are several reputable builders working on various projects in Baner, including Kolte-Patil Developers, Kundan Spaces, and Raviraj Realty. Pride Valencia, Paranjape Schemes Crystal Garden, and Marvel Sorrento are among the most prominent developments in Baner.
The city of Pune has seen a considerable influx of working people from outside the city as a result of the arrival of different IT majors and other multinational corporations (MNCs). As a result, there has been an increase in demand for residential flats in Baner, one of Pune’s renowned suburbs. Despite the fact that the costs of apartments in Baner are rapidly rising, inexpensive accommodation for mid- and junior-level executives of various firms may still be found here.
Baner offers breath-taking natural beauty. The beautiful hills and the Baner-Pashan Biodiversity Park are the main attractions in this area. The quality of civic amenities has also increased. The expansion of the industrial and information technology sectors has resulted in the development of retail and hotel industries in the region.
Connectivity to Baner settlements nearby
- The Pune Bypass Road, the Mumbai-Bangalore Highway, the Gopal Hari Deshmukh Marg, and the Mumbai-Pune Expressway are some of the main highways that run through the area.
- The neighbourhood has a significant bus service, with the Baner Bus Stand and the Shivaji Nagar Bus Stand nearby.
- Shivaji Nagar has a railway station from which to access railway services. Baner is around 9 kilometres from the train station.
- The Pune Airport is roughly a half-hour drive from Baner.
Employment centres in the Baner area
- Pune IT Park is roughly 6 kilometres from the Baner neighbourhood.
- The ICC towers and the Mahratta Chamber Of Commerce Industries & Agriculture are roughly 6 kilometres apart.
- RMZ Westend is around 3 kilometres distant.
- Baner is home to the Nanospace IT Park.
Baner schools and other social facilities
Baner’s people have access to excellent social infrastructure. The Sinhgad Spring Dale School, St. Joseph High School, and Vibgyor High School Balewadi are among the well-known schools in Baner. Seth Ramdas Shah Memorial Hospital, Oyster and Pearl Hospital, and Ratna Memorial Hospital are among the top hospitals in Baner. Malls in Baner, such as the Juna Bazaar or Old Market, SGS Mall, and Ozone Mall, cater to the shopping requirements of Baner inhabitants.
Motives to invest in Baner
the pricing trends in Baner are growing exponentially, as per reports Baner has seen yearly Price appreciation, around 20%, and the demand of neighbourhood would be an excellent place to invest in coming years. Property values are rising rapidly in this area as a result of a slew of new developments. Furthermore, the region is close to Pune’s IT/ITeS cluster and industrial zones. Baner has a lovely scenery, which the state government intends to develop further. As a result, the scope of infrastructural facility development is also present. Baner is a great investment location when all of these aspects are considered.
Purchasing a home in Pune can be a time-consuming process, but selecting the proper location is the most essential stage, on which many other decisions are dependent. So, choose wisely.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
