Best locations in Pune for people desiring to purchase their first homes

Home buyers' biggest wrestle in securing the perfect first home is the hustle of locating the absolute best site. This is very common among first time buyers and investors in general as location should always be on the list of reasons why to buy. On the subject of the best location in Pune for first time home buyers, the best location is not much of a conundrum. The region of Hinjewadi in Pune is the undisputed destination for the varying residential projects.

The introduction of Hinjewadi locale is a region transfigured from a rural neighborhood to an urban area at the speed of light compelled by the arrival of the IT industry. Prior to the early 2000s, the region has remained unknown to many now-interested parties. It was on the outskirts of Pune with very less lucrative policies however due to the efforts of the government as well as a private enterprise it is now a hotbed for the real estate industry.

Owning much also to the Government of Maharashtra the rapid rise of Hinjewadi is something out of the box. The state administration laid down a masterstroke policy in the IT-ITeS sector introducing an open-door policy for the IT industry to operate freely. Supported by this it brought to the region the new face of the IT industry the Rajiv Gandhi Infotech Park has instituted giving more impetus to the growth process followed by many MNCs.

Another initiative that paved the way for the sudden expansion of Hinjewadi was the waving off of the stamp duties for land that have been pwned for lease on the designated MIDC land. This process introduced the above-mentioned 2800 acres extended Rajiv Gandhi Infotech Park which in time came to be addressed as the famous Hinjewadi IT Park. Such development also in degrees impacted the real estate sector and this channeled the increasing demand for new modern homes. This demand has been responded to with the continuing establishment of the social infrastructure and this is why the region is regarded as the fastest emerging micro market in Pune.

So the location of Hinjewadi is booming with sufficient and notable residential and commercial projects inviting all buyers and investors. To even take it higher the place is tagged as Pune’s very own Silicon Valley because of the influx of Multinational Companies and its ever-increasing operations. With the high concentration of IT industries, it is accompanied by the expansion of the residential sector and enlarging the possibilities of better investments.

Increasing its lucrative aspect in recent years it has settled itself as the most preferred destination for investment and ideal for securing perfect homes. It is for many reasons one being the many renowned and trusted builders that are swooping to make the region finer and introducing new-age homes according to the demand of the population. The continuing improvement of the social amenities and infrastructure adds to its image. The Pune Metro Line 3 is the perfect example of this which will link Hinjewadi to the Central Business District of Shivajinagar seamlessly.

Scanning the region properly reflects the many advantages of the location and its perks which can be listed in the following.

Many prospects of the ITES/IT Industry:

From the many real estate magnets of the Hinjewadi location, the high accommodation of the IT corporate offices and operations in the region has boosted the commercial spectrum. As recorded Hinjewadi supplies a rate of 60% of the total Pune IT exports and in this, it manages to employ thousands of young professionals. This is evident that it is an important economic house and also home to new generation young populations.

Various data shows that roughly around 1.5 lakh IT professionals are provided employment in the region. This makes Hinjewadi Pune’s largest employment zone with much growth potential also offering a list of real estate options. Many world-recognized corporate giants have already arrived and settled in Hinjewadi such as TCS, Infosys, Accenture, Capgemini, Dassault Systems, Cognizant, IBM, and Wipro. Such arrival also has a domino effect on the real estate market and highlights the importance of walk-to-work practices. Thus it encompasses many prospects in the IT sector both in employment and finding perfect homes.

Very promising connectivity assuring convenience:

Out of the many surprises straight out of the hat, Hinjewadi also holds the lucrative essence of defining great connectivity. Using the convenient connectivity of the road of Pune-Mumbai Expressway it connects Pune and Mumbai with Bengaluru giving the upper hand in the process. This NH 4 ensures the periphery of Pune is connected seamlessly with other cities.

Also, the Rajiv Gandhi MIDC Road is adjacent to the mentioned Pune-Mumbai highway hence it serves as alternative road connectivity to reach the Hinjewadi Phase I and II that will ease the traffic hurdle of the area.

Connectivity using the railway network has also never been easy as the closest railway station is the Pimpri station which is as close as 11 Km. Also, the Pune Junction station can also be reached by 21 Km. Work on Metro has already commenced and some are already functional to travel around the city.

Wide options for housing inventories:

Coupled with unmatched developing social infrastructure and lucrative investment potential. The region also offers a wide range of inventory units that can be chosen according to budget and needs. The list of perfect residential options is catered by many trusted and popular present in the market that includes units of villas, apartments, and commercial development. The floor plans start from 1 BHk to 4 BHK and other luxurious configurations.

On this note, one of the best options available for a perfect first home is the project, VTP Bellissimo. A project that stands out from the rest with some incredible and exquisite facilities. The residential project is the ideal destination for the first apartments decked with ultra-modern amenities that redefined contemporary lifestyles. It comes with a 1 Km riverside promenade and landscape viewing spot. Bellisimo project is adorned with the marvel of glass facade high rise floors and aesthetically designed and well-crafted modern homes. Choose now your perfect abode from the exquisite floor plans of 1 BHK. 2 BHK, and 3 BHK luxurious home.