Latest Answer: @Rajiv Bajaj,
Baner is a suburb of Pune situated near the Baner- Biodiversity Park. The presence of the IT Park at Hinjewadi has significantly contributed to the increase in demand for property around the Baner-Balewadi belt. A number of companies have set up base in Baner including Calsoft and Symantec.
The current price trend in the locality is Rs. 7000+ but price of the property depends on choice of floor, preferential location and the amenities provided by the developers.
The -Pashan link is 3 kms long and connects Pashan and Baner. Katraj-Dehu Road Bypass connects to NH4 that provides an outer access from Pune. The Railway Station is about 12 kms from Baner. A 120-ft long road currently under construction will connect Balewadi, Wakad and Baner. Almost 40% work on this road has already been completed and it is expected to be functional by 2016 end.
Latest Answer: Shastri Nagar in West Pune and Kalyani Nagar in East are already established luxury markets with good gross rental yield. However, due to less gap between the rental and sale prices these two localities are among the top markets here.