Aarna Regency, Punawale

North of Pune’s smart city, Punawale is another residential area being built along the Mumbai highway. The infrastructure of the entire neighborhood is being improved to make it more livable, and the area is home to a wide variety of business and IT hubs. The other communities near Punawale are Pimpri Colony, Mamurdi, Hinjewadi, and Pimple Saudagar. The government is spending more than Rs 2500 crores to build extensive infrastructure in this area, which has a lot of potential. It is anticipated that Hinjewadi, Aundh, Pimple Saudagar, and the entire Punawale area will grow into a satellite smart city in and of itself. The demand for housing in Punawale is high. Apartments make up 96% of all the real estate in Punawale, with 1–3 bedroom apartments accounting for 95% of this total. In Punawale, there are 49 residential projects planned, 39 of which are still in the construction stage. Among the well-known builders in Punawale with excellent residential projects are Wadhwani Constructions, Pharande Spaces, Legacy Lifespaces, and the Vision Creative Group.