5 Affordable Housing Projects In Pune
The Maharashtra government plans to build three lakh affordable housing units in the next five years. While Pune’s affordable housing market would certainly get much richer the times to come, there is no dearth of options even now. If you are searching for affordable properties in Pune, we assist you pick the right choice.
Price: Rs 32.44 lakh-Rs 83.74 lakh
This 421-acre township by Kolte Patil Developers is located at Hinjewadi, the city’s information technology hub. Built with the objective of providing a suitable lifestyle for working professionals, the project provides smooth access from the Mumbai Expressway and Wakad as well as vital social infrastructure. A short distance from the international airport, the project is also close to the Pimpri-Chinchwad area. Launched in August 2010, the project has on offer 2,876 sized between 502 sqft and 1,702 sqft. A 5-acre grand entrance is a striking feature of the property which also offers a host of latest amenities.
RERA ID: P52100002682 (Life Republic Sector R2 - 2nd Avenue), P52100007511 (Life Republic Sector R3 - 3rd Avenue). Refer to http://maharera.mahaonline.gov.in
Price: Rs 35.6 lakh-Rs 60.34 lakh
A premium housing project by Gera Developments, Adara is another choice for buyers eyeing Hinjewadi. Spanning an area of 2.2 acre, the property provides compact 1BHK and 2BHK apartments of sizes ranging between 305 sqft and 586 sqft. With some exclusive luxury amenities inside and a well-developed social infrastructure outside, the gated complex meets all the needs of an aspirational lifestyle. Launched in July 17, the project has 269 residential units in total which will be ready by October 2022.
RERA ID: P52100000889
Belmondo Augusta B
Price: Rs 45 lakh and Rs 45.9 lakh
Lodha Belmondo is a 100-acre property by Lodha Group and includes a project named Belmondo Augusta B offering ample options of affordable apartments. It is located at Gahunje, which is 33.8 km from the Hadapsar Airport and well-connected to Mumbai and Lonavala. The project spans over 0.33 acres of area and offers 176 units of 1BHK apartments sized between 388 sqft and 430 sqft. Launched in October 2015, it will be ready for possession by June 2019. There are several contemporary amenities within the community and good social amenities in the vicinity.
RERA ID: LODHA Belmondo: P52100000406 | P52100000182 | P52100000221 | P52100000350 | P52100000283
Price: Rs 40.99 lakh-Rs 45.79 lakh
Prolife III by Pristine Developers is an under-construction residential project at Wakad. It was launched in August 2016 and the possession is likely by December 2020. There is a total of 283 units of 1 and 2BHK apartments sized between 422 sqft and 597 sqft. State-of-the-art housing amenities are available for the residents in this 2.7-acre property. Many IT companies and industries thrive in the neighbourhood which has easy connectivity via road networks and public transportation. Social infrastructural facilities are available within a radius of two to five km.
RERA ID: P52100000897
Price: Rs 17.28 lakh-Rs 26.26 lakh
Covering an area of 1.94 acres, the project is situated at Chikhali. It comprises 258 units of 1BHK and 2BHK apartments sized between 337 sqft and 512 sqft, along with many high-end facilities. Launched by Aksha Enterprises in March 2015, the property is under construction and will be ready by December 2018. Chikhali is a desired residential hub due to several IT offices nearby. Infrastructure is also improving in the area with an upcoming rapid transit system in addition to a robust social infrastructure. The new international airport in Pune is 28 km from here while there is a railway station only eight km.
RERA ID: P52100011335