Why should you buy property in Baner? or What are the benefits or advantages of buying a property in Baner?

 

Baner, situated within Pune, India, forms a part of the Western Metropolitan Corridor and boasts a rich cultural heritage, notably in its "Varkari" Parampara and Bhakti Aradhana. Its geographical borders encompass Pashan to the south, Balewadi to the west, Aundh to the north, and Pune University to the east.

Historical Background:

Dating back to the 17th century, Baner's history is intertwined with the Kalamkar family's dominion over the area. Kavaji Kalamkar, on a hillock nearby, erected a temple dedicated to the goddess "Tukai Mata," which has become Baner Hill and contributes to the Baner-Pashan Biodiversity Park.

Attractions of Baner

Baner has evolved into both a residential and commercial hub, accommodating a significant presence of IT companies. As an emerging development zone, it thrives with local amenities, thus making it a prime destination to benefit from the new luxury residential projects in Pune. 

Its strategic connectivity to major IT parks, offices, and business centres renders it a favoured investment and residential locale. Whereas, its proximity to National Highways enhances its accessibility further. Choosing to reside in Baner means embracing a luxurious lifestyle away from urban clamour while still remaining connected to the main city of Pune and Mumbai as well via the Highway.

Lifestyle & Entertainment:

Baner offers an array of entertainment options, including pubs, clubs, shopping complexes, cinemas, and malls. The lifestyle is defined by opulent residential communities and diverse housing choices, from 1 to 4 BHK luxurious simplex and duplex flats. 

The latest addition to the landscape is Kolte Patil’s 24K Altura Baner. These 4 BHK luxury flats in Pune epitomise the harmony of aesthetics, the astounding awe and the aristocratic life that would prevail here. For the affluent who seek the high life, these highrise towers that kiss the clouds, overlooking vivacious vistas of hills & urban skylines are the destination for the luxury of pure 24k gold life.

Geographic:

Baner's geography is defined by its connections: Aundh to the north, Pune University to the east, Pashan to the south, and Balewadi to the west. Notably, Pune University stands as a significant educational landmark. Pashan, to the south, is also experiencing rapid development while hosting government establishments. Balewadi, in the west, is renowned for its landmarks like Balewadi High Street and Shree Shiv Chhatrapati Sports Complex (Balewadi Stadium) which even hosted the National Games in 1994 and the Commonwealth Youth Games in 2008. 

Prominent Landmarks:

Baner offers a range of dining, cafes, and pubs like Malaka Spice, The K Factory, Minus 18 Degrees, Pimp My Wok, and Flying Duck. While it lacks a comprehensive commercial mall or multiplex cinema, individual stores such as Fab India and Westside are present.

Price Trends (2006-2023):

Over time, the price dynamics in Baner have shifted significantly. From around 800 rs per sq. ft. for land in 2006, prices escalated to 3,300 rs per sq. ft. for flats in 2010. Presently, the rates have surged well past 8,000 rs per sq. ft.

Future Development Prospects:

We anticipate further growth and the thriving business ecosystem, Baner is poised to become an ideal residential and employment hub. Reduced commutes will enhance well-being and increase quality time spent with loved ones. The upcoming metro system will also bolster city-wide connectivity, while Pashan's plans for a major junction will add to the city's appeal. So, in essence, the area is all set to become a major real estate attraction in the upcoming 5 years.