Real Estate Insights Near Pune Airport

The area around the Pune International Airport, especially Lohegaon, stands out as a crucial spot for real estate growth and potential investment. Let’s go over some important aspects to think about.

Connectivity and Infrastructure

Pune International Airport sits in Lohegaon, just 12 km from the city's heart, ensuring great connectivity. An upcoming Ring Line Metro from Ambedkar Chowk to Kirloskar will include a station at Pune International Airport. This will greatly improve the movement and link things up even more.

Areas Worth Looking Into

A number of regions around the airport are appealing for those wanting to buy or rent homes:

Lohegaon

For more affordable housing and a spot with great job openings, Lohegaon is a fantastic choice. Just 4 km from the airport, it features projects such as Pride World City, Nivasa Ananya, and Park Vista by Choice Group. People usually pay around Rs 6,050 per square foot for these properties.

Viman Nagar

Viman Nagar, at a mere 2 km from the airport, is a top-notch area with prime infrastructure and esteemed schools. Property prices here are higher, averaging Rs 10,950 per square foot, with big projects like Rohan Mithila, Shubh Nirvana, and Shubh Gateway.

Dhanori

Dhanori mixes affordability and easy access. Available here are 2 and 3 BHK apartments, and it is also only 4 km from the airport. Upcoming big projects like new flyovers and metro extensions are set to enhance facilities. Average property prices land around Rs 6,500 per square foot.

Kharadi

Kharadi is 7 km from the airport, known for being a key IT center. Major business hubs such as International Tech Park and EON IT Park are located here. It has a steady demand for renting and buying properties, with an average rate of ₹10,000 per square foot.

Wagholi

Young professionals find Wagholi appealing since it's affordable and nearby job sites. At about 11 km from the airport, it holds an average property price of Rs 5,900 per square foot. Future projects aim to better connect the area.

Projects on the Horizon

Work on a fresh international airport in Purandar might face hurdles with land issues and local pushbacks, yet it signifies massive chances for real estate and infrastructure in the region. Should it pick up speed, places like Rajgurunagar will likely see major economic and real estate growth, thanks to nearby industrial zones such as Talegaon, Chakan, and PCMC.

Dynamics in the Property Market

Real estate around Pune Airport is strongly influenced by its strategic position near IT hubs, schools, and commercial zones. While today's market stays relatively economical compared to other Pune parts, the projected growth fueled by airport upgrades and infrastructural developments might increase property values and demand going forward.

PropertyWala's Final Thoughts

Investing or acquiring properties near the Pune International Airport could give great returns. The area’s strong connectivity, infrastructure changes, and future growth from the new airport projects provide compelling reasons. Still, keeping an eye on government updates and making waiting for clear signals especially in places like Purandar is key to avoiding risks around property rights. Timing and picking the best places among various benefits can help investors benefit from the future growth in this field.