The Ultimate Guide to Affordable Locations in Pune Real Estate Market

Pune's real estate market has exploded in recent years. Due to this amazing expansion, the majority of developed real estate areas in Pune have become prohibitively expensive and unaffordable.

However, there are several new, current, and future inexpensive real estate places in Pune that might provide you with excellent investment opportunities.

Homes and offices and real estate in general demand a lot of capital investment.

In many cases one's entire lifetime savings are not enough to buy a home. No wonder that the demand for cheap housing is extremely strong in any given location. The city of Pune, in particular, derives the majority of its housing demand from middle-class and working-migrant residents. This segment of house purchasers is always on the search for affordable housing. According to a top real estate developer in Pune, the bulk of house buyers in the city are searching for mid-sized homes with adequate facilities and a price range of Rs 35-60 lakhs.

Profitable investment prospects in the Pune real estate market at the moment include mid-income residences in well-connected locales. These houses are typically arranged as one-bedroom and two-bedroom flats and are located in prominent neighbourhoods such as Wagholi, Punavale, Bhugaon, the Undri-Pisoli belt, and Hadapsar. These are the future growth corridors, which are undergoing steady development on all fronts while maintaining affordable costs for purchasers.

In 2022, how affordable is the Pune real estate market?In Pune, the notion of a cheap neighbourhood has evolved through time. Previously, a 1BHK flat costing between Rs 15 lakh and Rs 20 lakh was deemed reasonable, while a 2BHK apartment costing between Rs 25 lakh and Rs 30 lakh was considered affordable.

This definition has been altered by rising land and building prices; inflation; and growing buyer pockets.

According to a top real estate broker in Pune, affordable housing in Pune today in 2022 may be quantified in the following manner:

A one-bedroom flat would cost between Rs 30 lakh and Rs 40 lakhs

A two-bedroom apartment priced between Rs 50 lakh and Rs 60 lakhs

A three-bedroom apartment priced between Rs 70 lakhs and Rs 80 lakhs

The demand for affordable homes in Pune is unquestionably increasing, with the terms 'Affordable homes in Pune' and 'Low cost homes in Pune' dominating the ghar.tv Pune home search.

Those interested in budget houses in affordable areas in the Pune real estate market may locate the greatest selections on ghar.tv. Pune Location Guide handpicks the most economical real estate sites in Pune.

The ghar.tv list of Low cost locations and Affordable Real Estate Micromarkets in Pune - 2022

In PMC Limits

Wagholi

Kolte Patil - Mount Castle, Ivy Estate; Nyati – Elan; Rohan – Abhilasha: VTP- Purvanchal; Goel Ganga – Hillshire

Undri

Mantra – Essence; Nyati – Exuberance; Goel Ganga - FernHill

Manjari

Shapoorji Pallonji - Joyville   Godrej – River Greens, Boulevard

Lohegaon

Pride Purple – World City

Dhanori

Kohinoor – Viva City ; Goel Ganga – New Town; Mantra -29 Gold Coast

Tingrenagar

Mantra – Magnifique

Dhayari

Majestique – Venice, Swapanangan

In PCMC Limits

Ravet /Mamurdi

Godrej – Nurture; Kohinoor – Grandeur; Pharande – Felicity

Tathawade

Mahindra – Happinest; Kohinoor -Sapphire; Rohan – Ananta; Goel Ganga – Amber

Punawale

Vilas Javdekar – Yashone Infinitee; Pharande – Puneville; Pethkar – Siyona

Moshi

Kasturi – Voyage; Mantra – Moments

Akurdi

Mantra – Meraki/Sky Tower