Hotspot: Bhugaon in Pune is 30-45% cheaper than nearby areas

Cost of apartments here ranges between Rs 30-70 lakh, which is 30-45% lower than in Bavdhan, Kothrud

Pune is now the seventh-largest metropolitan city in the country, and is seeing ever-improving vibrancy in its real estate industry. One of the main reasons behind the growth has been the rapid proliferation of its information technology (IT) sector, with innumerable large and small IT establishments operating in the city. As the demand for homes in Pune increases, the city’s boundaries have been continuously expanding into new locations. Many of these suburbs have, become the hotbeds of realty investments, and one of the most prominent among them is Bhugaon.

Just a few years ago, Bhugaon was an anonymous precinct, known