📲
Have A Budget Of Rs 20 Lakh? Consider These Localities In Pune

Have A Budget Of Rs 20 Lakh? Consider These Localities In Pune

Have A Budget Of Rs 20 Lakh? Consider These Localities In Pune
 (Wikimedia)

Looking for a property which is priced lower than Rs 20 lakh in Pune? You options will be limited as only a few localities cater to this budget range as the property prices witness an uptick given the rising demand. To ease your search, PropGuide lists top localities in and around Pune where you can buy property under Rs 20 lakh:

Wagholi

Wagholi is one of the prominent real estate hubs of Pune bustling with new and upcoming projects, offering properties across budget ranges. So, what makes Wagholi a good investment? The locality enjoys proximity to the city center and probable Metro connectivity through Vanaz-Ramwadi line. Recently, Pune's divisional commissioner has requested Maharashtra Metro Rail Corporation for the extension of the Metro route. If approved, the connectivity would boost the property prices in the area which falls in an affordable range. Wagholi has also been proposed to be merged within the Pune Municipal Corporation limits. Currently, the area is under Gram Panchayat. Here are some of the RERA-registered projects in Wagholi:

Purvanchal  Phase 2 (RERA ID: P52100009865)

Alfa Landmark (RERA ID: P52100000942)

Majestique Manhattan (RERA ID: P52100000291)

Oxy Galaxy (P52100001254)

Also read: Pune Homebuyers Can Soon Check Illegal Properties Online

Dhayari
Dhayari is one of the suburban areas, located 13 km from Pune. It is connected to Pune through Sinhagad Road and lies close to Katraj-Dehu bypass. Earlier, a small village has now been transformed into the middle-class residential area, resulting in loss of greenery and fertile land which was earlier used for agricultural purpose. This makes it more important for homebuyers to know the legal status of the project, before investing. Make sure the land title is clear a number of new residential developers is active in this area. The area too is under Gram Panchayat which makes it more attractive for real estate builders as the taxes and charges are very low as compared to PMC area. Check out RERA-complied projects in Dhayari-

Abhiruchi Parisar (RERA ID: P52100000452)

Undri

Undri is one of the suburban areas in South Pune. There are a number of affordable housing projects located in the area. However, the lack of infrastructure has always kept end-users away from this area. The area came to focus when NIBM Road got saturated and the spillover demand made Undri the next favorite. Locations like Undri are ideal for offering residential options to people working in the manufacturing sector and at the same de-congesting the main city. The locality is well connected to various key localities in Pune including Pune Camp via various local and interstate highways and expressways while retaining its serenity. Undri too will be included within the Pune Municipal limits, which will boost infrastructure development in the area.

Essence Phase 2 (RERA ID: P52100001157)

Also read: 5 Developments Pune Real Estate Market Witnessed Recently

Last Updated: Thu May 31 2018

Similar articles

@@Tue Feb 15 2022 16:49:29