The growth of Baner can be
attributed to its proximity to the Rajiv Gandhi Infotech Park in Hinjewadi.
This sole factor caused Baner to chart a growth story in the first place. A
number of real estate builder spotted this opportunity and they began developing
projects in this area. With a growing demand, the sales figures in Baner were Purva Palm Beach Details high enough to encourage other builder to make their presence felt in Baner.Another
important aspect is the proximity to the Pune-Bangalore highway. This arterial
road carries thousands of vehicles between Mumbai and Bangalore every single
day. Being close to the highway renders added mobility to its residents. Thus,
this aspect as well asbecame a determining factor in developing Baner as a
prospective elite investment destination.To some extent, the growth of Aundh
had somewhat of a spillover effect on Baner. Aundh started maturing slightly
earlier than Baner, and thus a number of investors thought that Baner was a
better destination with prices marginally lower than Aundh.The Commonwealth
Youth Games 2008 that were hosted in the Chhatrapati Shivaji Sports Complex in
Balewadi gave an added impetus to Baner areas growth story. This led to the
growth of infrastructure in and around the area. Concretization of the main Baner
Road was undertaken during this period.
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