Aundh is one of the best residential areas situated in the north-west of Pune. It comes under the jurisdiction of Pune Municipal Corporation. The locality was earlier known for its Chest Hospital. But now, It has developed significantly as a residential area with proximity to the University of Pune and the Software Technology Parks of India complex at Hinjewadi. It is one of the rapidly developing suburban areas of Pune and is located very close to the industrial zones and IT hubs of Pune. The area has good civic amenities and is very well connected to the other parts of the Pune city. Some of the prominent localities situated close to Aundh are Baner, Pimple Nilakh, Pimple Gurav, Pimple Saudagar, Dasar, Balewadi, Wakad, Pashan, Shivajinagar, Khadki, Kasarwadi, Balewadi among others. A variety of projects are available in the area and range from affordable to luxurious. Due to presence of various IT majors and other multinational companies, Pune has been seen a rapid growth in landing of working population from outside the city every year. Hence, there has been a increase in the demand for residential apartments in Aundh. Residential property rate in Aundh range from Rs.7200 – Rs.11200 per sqft. Some of the key residential projects in Aundh are Pristine Royale, Venkatesh Shakuntala, Gokhle Swastishree, Sanskruti Lifespaces Terraza among others.
The area has an extensive bus service by PMPML. Aundh Bus Stand, Kapil Malhar, Baner Gaon, Tanjane Chowk, Food Bazar and the Shivaji Nagar Bus Stand lie in close vicinity.
Pune International Airport is located at a driving distance of 21.5 km via Lohegaon Road.
There are a few major roads which run through the area, namely the Kalewadi Main Road, Vidyapeeth Road, ITI Road, Baner Road, DP Road, Seasons Road, Mahadji Shinde Road, Aundh-Baner Link Road, Aundh-Wakad Road, the Mumbai-Pune Expressway, the Wakad Road, the Gopal Hari Deshmukh Marg, etc.
Dapodi, Khadki, Shivajinagar, Pune Junction are nearby railway station to Aundh. However, Khadki railway station is the nearest railway station to Aundh, situated at a distance of 4 km via DP Road while Pune Junction is approximately 10 km via Baner Road.
Factors for past growth
The residential real-estate prices in this area have seen a huge uptrend which has been largely driven by the demand coming from IT professionals as well as migrants from various parts of the country. Its proximity to the Mumbai-Pune expressway and connectivity to Shivaji Nagar, makes it more preferable to reside there than other parts of the city.
Aundh has some of the premier educational institutes of Pune including the Pune University. Hence, there is a substantial entry of students from outside as well. Planned roads and excellent infrastructure facilities have successfully established Aundh as a favorite destination in Pune. With an increase in the city’s population, the IT boom and a resulting large migrant population, the region has seen considerable rental demands for 2 BHK apartments in Aundh.
The civic amenities have also improved. The industrial growth and the growth of the IT sector have also led to the development of retail and hospitality sectors in the area.
Factors for future growth
Though the prices of the flats in Aundh are going up at a rapid pace, affordable housing to suit the needs of the mid and the junior-level executives of the various companies can still be found here.