Properties In Bhugaon Evolves As Favourable Investment Destinations In Pune

Situated in the Western Suburbs of the Pune city, Bhugaon is one of the most key residential investment destinations amongst home buyers these days. The area is bound by other posh localities like Baner, Pirangut, Aundh, Balewadi, and Karve Nagar. Due to its proximity to commercial centers of the Pune, the area is known for investment when it comes to buy a residential unit. This is why; the area has seen a rise of 5% Q-o-Q in the property prices.
Bhugaon is situated alongside the Mulshi road and also offers smooth connectivity to Mumbai and neighbouring regions via Dehu Road- Katraj Bypass and Mumbai-Pune Expressway. The locality also enjoys closeness to the IT hub and social hub of the city Hinjewadi and Baner which is only 17 and 13 km away respectively.
Bhugaon houses several leading educational institutions, Healthcare organizations, Banks, ATMs, malls and entertainment zones. Some of them are Ozone Mall, Pavillion Mall, Unique Multispeciality hospital, Varad Hospital,Orchid and Sayaji hotel, etc.
In latest years, because of the availability of large land tracts, many developers and realtors have attracted this site to develop high-rise apartments and township projects.
As per a real estate expert, “At present, there are many ready-to-move-in residential units available in Bhugaon at an affordable price. This has called upon many end-users as well as investors to own a property in this locality at much pocket-friendly rates as compared to other posh and prime nearby localities.”
At present, the average property price in Bhugaon is Rs 5,654 /Sq-ft. However, it floats between Rs 4,534-6,773 per sqft. If you are searching for a 1 BHK unit, it will be easily available to you in a price tag of 35 lakh. While, a 2 BHK and a 3 BHK can be purchased within the range of 50-55 Lakh and 75 lakh -1 crore respectively.