According to registration sales data for January 2023, West Pune accounted for 12% of overall transactions in January 2023. This is the second biggest share covering areas like Bavdhan, Aundh, Baner, Balewadi, Pashan, Wakad, and Kothrud. The report further cited that January 2023 witnessed a rising demand and market for a wide variety of apartment area options for homebuyers, with apartments under 800 sq ft dominating demand.
Amongst the micro-markets of West Pune, Bavdhan’s realty market has evolved and positioned itself as an ideal investment destination. The demand for this location can be attributed to the favourable residential property rates prevalent that are relatively lower compared to many upcoming areas on the western side of Pune. Ongoing infrastructure initiatives and excellent connectivity make it a suitable destination for residential property investors.
At present, Bavdhan is at the forefront of modern residential construction in Pune. The area’s location near the Metro station, the upcoming Ring Road and the National Cargo Corridor all bode well in terms of future property growth, appreciation and value.
Strategically located with close proximity to the IT hub of Pune, good connectivity and the neighbourhoods to the prime areas of the city, the location attracts the upper-middle-class segment of home buyers on a larger scale.
The key highlight of Bavdhan is without a doubt its location among green hills, which offers its residents the feeling of being on vacation while residing in their dream home. Not only does Bavdhan offers mesmerizing views of the city and surrounding hills, but also a clean and pollution-free environment as compared to inner-city areas.
The area doesn’t fail to deliver facilities like educational institutions and entertainment and hence became a sought-after residential area. Because of its location, the residential demand increased in Bavdhan and established players started developing housing projects with modern-day needs and amenities meeting the customer needs. Also various studies show that Bavdhan has a high living rating. The area offers potential growth in the Real estate sector, IT sector and Infrastructure Sector. In the western side of Pune, Bavdhan can be said to have emerged as a key residential destination, offering an excellent work-life balance to its residents and providing them a healthier and greener living environment. With apartments catering to all categories of home buyers at affordable budgets, Bavdhan offers a truly cosmopolitan living experience.