Overview of Aundh, Pune

Aundh is situated in the northwest of Pune, garnering immense popularity as a residential locale, thanks to its closeness to major educational and industrial areas.

Location and Connectivity

• This area falls within the Pune Municipal Corporation's territory.
• It’s just a stone's throw from the University of Pune and the SPION complex at Hinjewadi.
• Links to other parts of Pune are strong, with neighboring areas including Baner, Pimple Nilakh, Pimple Gurav, Pimple Saudagar, Balewadi, Wakad, Pashan, Shivajinagar, and Khadki.

Property Rates and Trends

Buying Property

• Flat rates in Aundh hover between ₹ 8,950 and ₹ 12,650 per square foot, averaging out around ₹ 10,850 per sq ft.
• Here's a peek at the range for different types of flats:
  • 1 BHK flats: ₹30.07 lakhs - ₹64.1 lakhs
  • 2 BHK flats, similarly priced, with variances based on project specifics and amenities.
• Per sq ft land rates here range from ₹ 12,950 - ₹ 27,150.
• Builder Floor prices span ₹12,000 to ₹ 15,650 per sq ft.

Rental Property

• Rentals start around ₹ 7,500 and surge up to ₹ 4.89 lacs for top-tier listings.
• Here are average costs for different types:
  • 1 BHK flats: ₹10,000 per month
  • 2 BHK flats: ₹24,000 per month
  • 3 BHK flats: ₹45,000 - ₹90,000 per month, or an average of ₹ 67,500.

Property Appreciation and Trends

• A major appreciation in flat values over time:
  • 7.4% in the past year
  • 19.2% over the last three years
  • 23.3% over the last five years
  • 43.7% over the last ten years.
• Meanwhile, land rates saw drops -8.3% in the past year and -11.3% over three years and a decade.

Types of Properties Available

• Plenty of residential properties available in Aundh, from apartments to villas.
• Over 209 properties to pick from, offering 1, 2, and 3 BHK configurations.
• Major residential projects include Pristine Royale, Venkatesh Shakuntala, Gokhle Swastishree, and Sanskruti Lifespaces Terraza.

Amenities and Infrastructure

• Well-developed area in terms of civic amenities.
• Close to IT hubs and industrial zones, it’s favored by working professionals.

PropertyWala's Conclusion

Aundh is a notable choice for buyers and renters in Pune. Its strategic location, infrastructure, and variety of properties make it an appealing investment. For renters, a diverse property spectrum caters to all budgets. Clearly, Aundh stands out as a top residential location in Pune.