Baner is a suburb located in the western part of Pune and is emerging as a major real estate market for both residential and commercial properties. There are several reasons discussed below that are responsible for the growth of the Baner property market.
Connectivity
Baner is well connected to the rest of Pune through well-developed roads. It has access to Pune- Mumbai Express Highway, Baner Pashan Link Road, and Balewadi Phata Road. The Pune International Airport is just 18 km from Baner while the railway station is 9km.
Proximity To IT Hubs
Baner is strategically located close to several IT Hubs in Pune like Rajiv Gandhi Infotech Park and Hinjewadi. Hinjewadi is known as Pune’s Silicon Valley as it has all the major IT companies like Accenture, Capgemini, Cognizant, Wipro, and Infosys, employing more than 1.5 lakh professionals. It’s proximity to Hinjewadi makes it an ideal location for IT professionals and their families to invest in flats in Baner. It is conveniently located reducing the commuting time daily.
Infrastructure Development
With the development of well-planned and good roads, Baner has witnessed significant infrastructure development too. The social and civic amenities are the best in Pune with renowned educational institutes, hospitals, malls, restaurants, shopping malls, and entertainment options. Baner will also benefit from the upcoming metro rail network, expansion of the ring road, and other projects that have been planned for the suburb. It has easy access to well-known areas like University Road, Aundh, Law College Road, and Shivajinagar. These factors have created a demand for luxury flats in Baner.
Lush Greenery
Although Baner is part of a rapidly growing city, it has maintained its green spaces. It has lovely landscapes with mountain ranges and abundant natural greenery. The locality boasts several gardens, parks, and open spaces that are suited for outdoor activities and recreational sports. This makes the locality well-suited for residential complexes that house young couples and families.
Real Estate Market
Baner has provided a perfect ecosystem for the development of a thriving real estate industry. There are all kinds of projects that offer 1,2,3 and 4 BHK flats in Baner. These projects offer comfortable living with modern amenities and lifestyle to its residents. The mostly young IT professionals like to spend time in Baner as it has evolved as a hotspot for social and night life.