Pune Rental and Property Trends in 2023: Wagholi is a Hotspot

Pune Rental and Property Trends

Pune Rental and Property Trends are showing an upwards swing this year. Pune is a popular city for both living and investing in property. The city has a strong economy and a growing population, which is driving demand for housing. Wagholi is a suburb of Pune that which is affordable housing and had the advantage of its proximity to the IT hub of Kharadi, Hinjewadi, and Magarpatta.

Pune Rental Trends

The demand for rental housing is high, but the supply is limited. This has led to an increase in rental prices. In Wagholi, the average rent for a 2 BHK, 800 sft apartment is between Rs. 20,000 to Rs. 25,000 per month.

Property Trends

The property market in Pune is also on an upward trend. The prices of residential properties have increased by 10-15% in the past year. In Wagholi, the average price for a 2 BHK, 800 sft apartment ranges from around Rs. 60 lakhs to 90 Lakhs, depending upon the society.

Reasons for these Trends

There are a number of reasons for the current trends in the rental and property markets in Pune. These include:

  • The growing population of Pune
  • The increasing number of IT and manufacturing companies in the city
  • The rising demand for affordable housing
  • The limited supply of housing in the city
  • The rental and property markets in Pune will continue to grow in the coming years. This is due to the city’s strong economy and its growing population. If you are looking to rent or buy property in Pune, Wagholi is a good option. The area offers affordable housing and is close to the IT hub of Hinjewadi.

Finding a good deal on rental or property in Wagholi

Here are some tips for finding a good deal on rental or property in Wagholi:

  • Start your search early. The best deals are often snapped up quickly.
  • Always try and negotiate. The asking price is not always the final price.
  • Consider renting a less expensive property in a good location. This can be a good way to save money while you are getting settled in the city.
  • If you are buying property, get a good home inspection. This will help you to identify any potential problems with the property.

List of a few prime properties available in Wagholi:

The Meadows: This is a luxurious gated community with spacious apartments and all the modern amenities. It is located in a peaceful and serene location in Wagholi and offers a great lifestyle.
Vagholi Pride: This is a high-rise apartment complex with stunning views of the city. It is located in a central location in Wagholi and is close to all the major amenities.
AWHO Vijay Vihar: This is a well-planned and well-maintained society with all the amenities you need, including a club house, swimming pool, gym, garden, play area, 24 hours running water, lift security, etc. It is located in a prime location in Wagholi and is close to all the major amenities, such as schools, hospitals, markets, and malls.

AWHO Vijay Vihar is one of the best destinations in Wagholi for the following reasons:

  • It is a well-planned and well-maintained society with all the amenities you need.
  • It is located in a prime location in Wagholi and is close to all the major amenities.
  • It is affordable and offers great value for money.
  • It is a safe and secure community with 24 hours security.
  • It is a peaceful and serene location with a lot of greenery.
  • It is an elite destination as the housing complex is owned by defense services personnel and is backed by solid organizational administrative support.