Purandar Airport Pune Real Estate Opportunities | New Pune Airport

Top Places to Invest Near Purandar Airport Pune

File photo
File photo

There is a high demand for real estate near Purandar Airport. If you’re considering investing in property around here, some of the locations you should consider are:

  1. Bibvewadi in South Pune: Bibwewadi is a popular residential area in south Pune. The area is known for easy access to other parts of Pune, ample greenery, good social amenities, schools, markets and more. It is well-connected to industrial hubs and IT parks such as Cyber city Magarpatta, Hadapsar Industrial Estate and Cerebrum IT Park. Bibvewadi offers home buyers independent homes as well as apartments in multi-storeyed projects. Square foot prices for the latter range from Rs 7,084 per sq. ft. to Rs 11,502 per sq. ft. Here are a few projects you may be interested in:

Ram Swastika: There are two towers housing 166 units that can be categorised as 2 and 3 BHK apartments. It also has a number of shared amenities, such as a swimming pool, multipurpose courts, a library and an aesthetically designed landscape garden. Some well-known projects in the area are listed below.

Kohinoor Jeeva: This single high-tower project is spread across 2 acres and has 72 2BHK apartments with varying configurations. Residents can also enjoy amenities such as a swimming pool, clubhouse, park and indoor games room.

Sanskruti Panchtatva: This 116-unit planned project has 2 and 3 BHK apartments spread across 2 acres. Some of the amenities available in the project include a gymnasium, cafeteria, clubhouse, and meditation area and event space. 

  1. Saswad in Southeast Pune: Located towards the southeast side of Pune, Saswad boasts excellent connectivity to the Purandar Airport as well as the Pune railway station. It is a developed urban area with rich historical value. The area has numerous residential projects, good medical and educational facilities, and several shopping malls and entertainment options. Property prices range from Rs 3 lakh for a plot to Rs 1.5 crore for a 2-bedroom villa. You may consider investing in one of the projects listed below.

Shrinath Complex: The Shrinath Complex has a multi-storeyed tower with 40 apartments as well as plots available for sale. If you buy a plot, you can build units with up to 2 floors. This gated community boasts reserved parking, rainwater harvesting, security and more. 

Venkatesh Swapna Nagari: Spread over 8 acres, this residential project has 11 towers with a total of 296 units. The project has 1 and 2 BHK apartments with varying square foot sizes. The project also has a number of shared amenities, such as power backup, a cycling and jogging track, a clubhouse, and a park.

Omrudra Park: Completed in 2017, Omrudra Park has 2 towers spread across 1 acre. It has 40 apartments and a number of unique features, such as a swimming pool, jogging track, park, cafeteria and clubhouse. 

  1. Dhanori near to Purandar Airport: Dhanori offers a combination of affordable and mid-level luxury residential projects. Along with proximity to Purandar Airport, Dhanori is also well connected to the Lohegaon Airport and Pune railway station. A metro station is also likely to come up soon in the area. Apart from residential projects, Dhanori boasts several renowned schools, colleges, hospitals, nursing homes, markets and a mall. The average price for apartments has been increasing steadily over the years. The property prices range from Rs 5870/sq. ft. to Rs 6962/sq. ft. Some renowned projects here are:

10 Vrindavan: Spread over 2 acres, 10 Vrindavan has 5 towers with a total of 240 2-BHK apartments. Construction was completed in 2018. The project boasts a cafeteria, bar lounge, cycling track, clubhouse, park and swimming pool. 

Palladium Grand: This luxury residential project in the heart of Dhanori has 1 tower with 98 units. It was completed in 2011 and is spread across 74 acres. Shared amenities include a clubhouse, banquet hall, and gymnasium and guest accommodation. 

Gini Bellina: With 189 residential units comprising 1.5 and 2.5 BHK apartments spread across 12 towers, the Gini Bellina project is ideal for families. Some of the amenities available include visitor parking, a swimming pool, a clubhouse, a jogging track and a park. 

  1. Bhosle Nagar in proximity to the New Pune Airport: Bhosle Nagar is a popular residential area in Pune and is just over 11 km from the new upcoming Purandar Airport. It is well connected to other parts of Pune and has several reputed schools, hospitals and bustling markets. It is also close to employment hubs such as ICC Tech Park, Commerzone and the Science and Technology Park. Square foot prices in the area have grown from Rs 13,337 in April 2021 to Rs 14,801 in April 2023. Here are a few projects you could invest in:

Castel Royale Excellent: This project by the ABIL group has 250 units divided into 8 towers. This includes luxurious 3, 4 and 5 BHK apartments with up to 5600 sq. ft. The property is spread over 20 acres overlooking the Pune University Campus. Shared amenities in the project include a park, swimming pool, clubhouse, banquet hall, gymnasium and power backup.

Marvel Escaso: Marvel Escaso is a luxury residential project with a single apartment per floor with private terraces. It boasts 6 units in a single tower and several shared amenities, such as a clubhouse, swimming pool, cycling track and 24x7 security. 

Castel Royale Magnifique: Standing tall amidst lush greenery, Castel Royale Magnifique is spread across 20 acres. This complex has a single tower with 18 apartments and a range of amenities, including sports courts, a business centre, a play area, a swimming pool with water slides and a restaurant.