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Flats Under 40 Lakh for sale in Mohan Nagar Baner, Baner, Pune
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About Properties In Mohan Nagar, Baner, Pune for Sale
Overview of Baner Pune
- Baner is a high-end and exceptionally good locality in Pune.
- With spiralling developments, Baner has become the most attractive locality of Pune.
- It offers a variety of housing options, ranging from luxury Apartments to Villas.
- Smooth connectivity and well-established infrastructure make Baner an amazing choice for both homebuyers and real estate investors.
- Baner is home to some of the best educational institutions, design studios, and start-ups.
- Presence of several reputed IT companies makes Baner a mini IT Hub of Pune.
- Baner is a posh locality situated amidst green serenity with upscale residential properties and modern amenities, offering an upscale living experience.
- The Pin Code of Baner is 411045.
Baner Pune Residential Market Insights
- The average price for a property in Baner, Pune is ₹ 10,700 per sq. ft.
- Baner is a costly real estate location as it is an affluent area in Pune due to advantages like excellent infrastructure, connectivity, and modern convenience.
- Price for 1 BHK apartment in Baner, Pune can cost around ₹ 55 lakh - ₹ 1.2 crore.
- Price for 2 BHK apartment in Baner, Pune can cost around ₹ 88 lakh - ₹ 1.27 crore.
- Price range for 3 BHK apartment in Baner, Pune can be ₹ 1.5 crore - ₹ 2.50 crore.
- Price range for 4 BHK apartment in Baner, Pune can be ₹ 2.62 crore - ₹ 5.28 crore.
- 5 BHK apartment in Baner, Pune can cost anywhere from ₹ 5 crore - ₹ 13 crore.
- The final price of an apartment in Baner can vary significantly. This will depending on various factors like the type of property, total carpet area, location, and the developer of the property.
- With the ongoing progressive developments and high potential, Baner is considered a great investment location.
- Excellent proximity to work centers attracts a high number of tenants, especially working professionals.
- The average rental price for a property in Baner can be anywhere from ₹ 18,500 - ₹ 1,09,600, depending on the location and type of property.
- However, as a whole, Pune City is not costly; it is rather considered affordable compared to Mumbai. The price for 1 BHK flat in Pune can significantly vary according to different areas, along with a wide variety of properties available.
Connectivity and Transportation In Baner Pune
- Nearest Railway Stations to Baner are Kharadi Railway Station, Dapoli Railway Station, Phugewadi Railway Station, etc.
- Metro Stations near Baner are Kharadi Metro Station, Dapoli Metro Station, Phugewadi Railway Station, etc.
- Pune Junction Railway Station is reachable at a distance of 12 km from Baner.
- Key roadways like Baner Road, Pashan-Sus Road, NH-48 Bengaluru-Mumbai Highway, Mumbai-Satara Highway, etc., offer seamless road connectivity to Baner.
- Buses from Pune Mahanagar Parivahan Mahamandal Limited (PMPML) connect Baner with other areas of the city seamlessly.
Social Infrastructure In Baner Pune
- Baner offers a well-established social infrastructure providing residents with everything from daily necessities to important facilities like Hospitals, Schools, Colleges, Markets, Malls, Restaurants, etc., just a few steps away.
- Reputed Hospitals in Baner include Jupiter Hospital, Life Line Hospital, Sanjivani Medipoint Hospital, Manipal Hospitals, etc.
- Prestigious Educational Institutions in Baner are Little Millennium Preschool, The Orchid School, CM International School, Dr. Babasaheb Ambedkar College, MIMA Institute of Management, Indira College of Commerce & Science, Dnyansagar Arts & Commerce College, etc.
- Malls and Markets near Baner include Atria Mall, Madhuban Shopping Mall, Nexus Westend Mall, Mamata Super Market, Jeet Super Market, etc., that fulfill the shopping needs of the locals.
- Restaurants and Cafes in Baner, such as Indian Darbaar Restaurant, Kerala Cafe, Kimling Chinese Cuisine Restaurant, Prem's Restaurant, etc., offer residents fine dining options.
- Buying a property in Pune is totally worth it, as many important infrastructures and facilities are just around the corner, offering a highly comfortable living experience. Especially Baner, where such facilities are easily accessible, makes this locality one of the best places to reside in the city.
Employment Opportunities In Baner Pune
- Besides the picturesque nature, Baner is famous for the presence of various IT Parks and reputed top companies, offering excellent employment opportunities.
- Baner is home to a renowned IT Hub known as Hinjewadi IT Park.
- It is home to several IT Companies, including prime MNCs like Microsoft, Siemens, Mediaocean, Xoriant Solutions, and Cummins India.
- Key Companies such as Infosys, Wipro Technologies, Tata Consultancy Services, Capgemini, etc., are also located here with easy reach.
- Several IT/ ITeS & BPO, Automotive, and Biotechnology Companies are within the vicinity and enhance employment opportunities in Baner.
- Major Industrial areas located at Bhosari and Akurdi are easily reachable at a distance of just 16 km from Baner.
- The City itself is rapidly becoming one of the top employment hubs in India, as Pune is famous for having a wide range of IT companies, Manufacturing Industries, Healthcare, and the BFSI Sector.
Lifestyle In Baner Pune
- Baner is a good place to live in, especially for working professionals, families, and individuals seeking a high-quality and comfortable lifestyle.
- With affluent residents, Baner offers luxurious living and world-class amenities.
- There are various gardens, parks, and green spaces in Baner, allowing residents to unwind or enjoy a relaxing stroll.
- Several recreational facilities in Baner include Orion Spa, E-Square Multiplex, Eden Aisle Spa, R. K. Laxman Museum, and more offer residents a quality leisure time.
- There are various sports clubs like Ranvijay Sports Club, Trooferz Sports Turf & Club, Hill Top Sports Club, Biorhythm Fitness Studio, Niran Yog And Medical Yoga Therapy Center, etc., that offer residents fitness and sports opportunities.
- The level of convenience is considerably high in Baner, as along with good lifestyle, the locality has an abundance of greenery, proper civic facilities with easily reachable important facilities that make living easier.
Safety and Security In Baner Pune
- Baner is a well-developed locality and is one of the safest places in Pune.
- Baner Police Station and Baner Police Chauki are easily accessible day and night, ensuring a safe living environment for the locals.
- Police Patrolling is conducted regularly to make sure about the safety of the residents.
- Major societies, residential buildings, and public areas have security personnel who follow the necessary safety measures.
Development and Future Prospects In Baner Pune
- The upcoming Pune Metro Line 3 is set to further improve Baner connectivity.
- A flyover to enhance the road connectivity is planned in front of the Balewadi Stadium.
- Another flyover at Savitribai Phule University Chowk is also under construction.
- The development of the Pune Ring Road is ongoing with an aim to reduce the city’s traffic and benefit commuters by saving travel time.
Cultural and Community In Baner Pune
- Baner has a rich cultural living. People from different backgrounds come together and celebrate festivals.
- Several religious places in Baner include Shree Bhairavnath Mandir, Datta Mandir, Tukai Devi Mandir, Swami Samarth Maharaj Temple, and Hanuman Mandir.
- Baner witnesses a great community engagement. Residents in this locality actively take part in environmental initiatives such as tree plantation drives and clean-up campaigns.
Environmental Factors In Baner Pune
- The lakes, beautiful landscapes, sprawling greenery, hills, and valleys give Baner a pleasant environment.
- Each view in Baner is breathtaking and offers a peaceful atmosphere to live in.
- Baner Hill is a popular spot for trekking and hiking, situated in this locality.
- Several gardens and parks such as Baner Pashan Biodiversity Park, Vithoba Balaji Murkute Park, Senior Citizen Park, Energize Park, etc., adds to the green belt of the locality.
Flat Configuration In Baner Pune
- Baner in Pune offers flat configurations of 1 BHK, 2 BHK, 3 BHK, 4 BHK and 5 BHK.
- 2 BHK and 3 BHK are the most preferred flat configurations by homebuyers in Baner.
- Majority of homebuyers prefer buying properties with modern amenities.
- Besides lavish apartments, Baner offers properties such as Villas, Land, Independent Floors, and Independent Houses.
- Some of the developers also offer bare shell units that provide easy customization and flexibility while styling the house.
- Baner has a variety for every type of property; one must select according to their personal preferences.
Property Price Growth In Baner Pune
- Properties in Baner have witnessed price growth of approximately 30% in the last 3 years with rapid developments and infrastructural improvements.
- With a fast-increasing demand for housing properties in Baner, the locality has experienced 10% of YOY price appreciation.
- Baner, Pune, has shown consistently growing property values and is estimated to continue growing due to growing demand and ongoing upgrades.
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Frequently Asked Questions
What are the popular residential areas in Mohan Nagar?
Some of the top residential areas in Mohan Nagar include Baner.
What types of properties are available in Mohan Nagar?
Mohan Nagar offers Apartment, Duplex, catering to various budget segments.
What is the average property price in Mohan Nagar?
The average property price in Mohan Nagar ranges from ₹10,650 to ₹10,853 per sq.ft., depending on the location and amenities.
What are the metro stations in and around Mohan Nagar?
The metro stations in and around Mohan Nagar include key stops such as Pune, hotel casa grande studios, ColorKnit Events n Production-Event Management Company in Pune, OYO 9759 Hotel Western Park, Kshitij An Apartment Hotel, providing convenient connectivity to major areas.
Are there affordable housing options in Mohan Nagar?
Yes, areas like Mohan Nagar offer budget-friendly housing options in Mohan Nagar.
Are there luxurious housing options in Mohan Nagar?
Areas like Mohan Nagar with price range above ₹70.99 L are known for luxurious residences in Mohan Nagar
Are there housing options in Mohan Nagar ranging from INR 30L to 60L?
Yes, Mohan Nagar offers flats starting at ₹30L to premium luxury residences going up to ₹60L. Buyers can explore these options in prime localities with modern amenities:
Are there housing options in Mohan Nagar ranging from 60L to 1Cr?
Yes, Mohan Nagar offers several housing options in the ₹60L to ₹1Cr range, providing well-designed apartments with modern amenities in prime residential areas.Top 1 properties are:
Are there luxurious housing options in Mohan Nagar priced above ₹1 crore?
Yes, Mohan Nagar offers several luxurious housing options priced above ₹1 crore, featuring premium amenities, spacious interiors, and prime locations.Top 3 properties are: