15 Affordable Localities in Pune for Homebuyers

Affordable Localities in Pune

Pune, often referred to as the 'Oxford of the East' due to its educational institutions, has become a preferred destination for homebuyers. The city offers a blend of modern amenities, cultural heritage, and economic opportunities. Below are the recommended 15 localities that are ideal for affordable housing in Pune:

List of Top 15 Affordable Housing Localities in Pune

  1. Wagholi
  2. Hinjewadi
  3. Undri
  4. Ambegaon Budruk
  5. Dhanori
  6. Talegaon Dabhade
  7. Katraj
  8. Chikhali
  9. Keshav Nagar
  10. Charholi Budruk
  11. Warje
  12. Dhayari
  13. Vishrantwadi
  14. Bhosari
  15. Dhankawadi

1. Wagholi

  • Average Price of a 2 BHK: ₹40-60 Lakhs
  • USPs: Located on the eastern periphery of Pune, Wagholi is known for its proximity to the IT hubs of Kharadi and Hadapsar. The area has seen rapid development with numerous residential projects, educational institutions, and shopping complexes. Its connectivity via the Nagar Road to Pune city and the Pune Airport makes it a convenient location.

2. Hinjewadi

  • Average Price of a 2 BHK: ₹60-80 Lakhs
  • USPs: Famous for its IT parks, Hinjewadi is a bustling locality with excellent job opportunities. The presence of the Rajiv Gandhi Infotech Park and numerous multinational companies makes it a preferred choice for IT professionals. It offers a range of housing options, from budget to luxury, and has good connectivity to other parts of Pune.

Suggested read: Affordable Housing in Mumbai

3. Undri

  • Average Price of a 2 BHK: ₹45-55 Lakhs
  • USPs: Situated in the southern part of Pune, Undri is a serene residential area surrounded by lush greenery. It has good connectivity to major localities like Hadapsar, Magarpatta, and Katraj. The presence of reputed schools, shopping malls, and healthcare facilities adds to its appeal to families.

4. Ambegaon Budruk

  • Average Price of a 2 BHK: ₹40-50 Lakhs
  • USPs: Ambegaon Budruk offers a peaceful residential environment with easy access to the Mumbai-Bangalore Highway. It is close to educational institutions like Bharati Vidyapeeth University and various shopping centers. The area is well-connected to the central parts of Pune and has seen considerable development in recent years.

5. Dhanori

  • Average Price of a 2 BHK: ₹45-55 Lakhs
  • USPs: Located near the Pune Airport, Dhanori is a rapidly developing locality with a mix of residential and commercial projects. It offers good connectivity to areas like Viman Nagar, Kalyani Nagar, and Koregaon Park. The presence of schools, hospitals, and shopping malls makes it a convenient residential area.

Suggested read: Affordable Housing in Delhi

6. Talegaon Dabhade

  • Average Price of a 2 BHK: ₹35-45 Lakhs
  • USPs: Talegaon Dabhade is an emerging residential area located on the outskirts of Pune. It offers a tranquil living environment with affordable housing options. The area is well-connected via the Mumbai-Pune Expressway and has various industrial zones, making it suitable for working professionals.

7. Katraj

  • Average Price of a 2 BHK: ₹45-70 Lakhs
  • USPs: Known for its educational institutions like Bharati Vidyapeeth University, Katraj is a well-established residential locality. It is close to the Katraj Snake Park and the Rajiv Gandhi Zoological Park, offering a unique blend of urban and natural surroundings. The area has good connectivity to major 
    parts of Pune.

8. Chikhali

  • Average Price of a 2 BHK: ₹35-45 Lakhs
  • USPs: Chikhali is a rapidly growing residential area located in the Pimpri-Chinchwad region. It offers affordable housing options and good connectivity to the industrial hubs of Bhosari and Chakan. The presence of schools, hospitals, and shopping complexes makes it a desirable residential locality.

Suggested read: Affordable Housing in Gurgaon

9. Keshav Nagar

  • Average Price of a 2 BHK: ₹50-60 Lakhs
  • USPs: Keshav Nagar is a fast-developing residential area located near Mundhwa. It offers easy access to IT hubs like Kharadi and Magarpatta City. The area is known for its modern residential projects, educational institutions, and recreational facilities, making it an attractive option for homebuyers.

10. Charholi Budruk

  • Average Price of a 2 BHK: ₹45-65 Lakhs
  • USPs: Charholi Budruk is an emerging residential locality located near the Pune International Airport. It offers a serene living environment with good connectivity to major areas like Viman Nagar and Kalyani Nagar. The presence of schools, hospitals, and shopping centers adds to its appeal.

11. Warje

  • Average Price of a 2 BHK: ₹60-90 Lakhs
  • USPs: Warje is well-connected to central Pune and Hinjewadi IT Park via the Mumbai-Bangalore Highway. It has a mix of residential complexes, educational institutions, and shopping centers, making it a convenient location for families and working professionals.

12. Dhayari

  • Average Price of a 2 BHK: ₹45-55 Lakhs
  • USPs: Dhayari is known for its scenic surroundings and affordable housing options. It offers good connectivity to Sinhagad Road and Katraj. The presence of schools, hospitals, and local markets adds to its appeal as a residential locality.

13. Vishrantwadi

  • Average Price of a 2 BHK: ₹55-65 Lakhs
  • USPs: Located close to Pune Airport, Vishrantwadi is a well-developed area with good infrastructure. It has numerous residential projects, educational institutions, and commercial establishments. Its proximity to IT hubs like Viman Nagar and Kalyani Nagar makes it popular among IT professionals.

14. Bhosari

  • Average Price of a 2 BHK: ₹40-50 Lakhs
  • USPs: Bhosari is an industrial area with affordable housing options. It offers good connectivity to the Pimpri-Chinchwad industrial belt and Hinjewadi IT Park. The area has various schools, hospitals, and markets, making it a practical choice for families.

15. Dhankawadi

  • Average Price of a 2 BHK: ₹40-50 Lakhs
  • USPs: Dhankawadi is a residential area with good connectivity to central Pune and Katraj. It is close to educational institutions like Bharati Vidyapeeth University and has a range of amenities, including shopping centers and healthcare facilities.

These localities in Pune provide a range of affordable housing options, each with unique advantages in terms of connectivity, amenities, and living environment. Whether you are a working professional, a family, or a first-time homebuyer, these areas offer excellent opportunities for investing in a 2 BHK home in Pune.

FAQs about Affordable Housing in Pune

Yes, it is possible to live in Pune with a 15k salary, but you would need to budget carefully. Consider shared accommodations, cooking at home, and using public transportation to manage expenses.

Aundh, Kalyani Nagar, and Koregaon Park are considered some of the cleanest areas in Pune due to their well-maintained infrastructure and cleanliness initiatives.

Yes, buying property in Pune is generally worth it due to the city's economic growth, increasing job opportunities, and appreciation in property values. It is a good long-term investment.

Areas like Koregaon Park, Kalyani Nagar, and Aundh are considered some of the safest places in Pune due to their well-developed infrastructure, good security measures, and lower crime rates.

Laxmi Road and the areas around Pune Railway Station are among the most crowded areas in Pune, known for their bustling markets and heavy foot traffic.

Published on 26th June 2024