Chikhali, Pune: A Popular Real Estate Destination for Smaller Units

Unlike the areas in the north, Pune has maintained its consistency of being a favourable investment destination in terms of real estate. The city seems to offer appreciation in times where the rest of the country is facing marginally lowering of rates. This is one of the prime reasons that builders are interested in launching new projects in the region. Read the following article to get the hang of real estate scenario of Pune and some of the new projects in the city.

Pune’s mid-segment real estate market has a number of areas that fall in this category, Chikhali is one of them. The area is developed for service class people looking for properties within the price range of 25 lacs to 80 lacs. The area although is well structured with a developing infrastructure that eases the connectivity of this part of the city to other part of the cities.

The greater demand of smaller units in this area has led the developers to come up with new projects that offer 1BHK and 2BHK apartments to meet the increasing demands of the same. Several builders are planning to develop new projects in this area. Some of them who have already marked their presence in the area are:

River Residency

Constructed by one of the prime builders of Pune, River Residency has a number of amenities that fulfil the demands of the modern man of today. Strategically located in Pimpri-Chinchwad district of Pune, River residency offers 1BHK, 2HK and 3BHK apartments. The size of the apartments range between 551 square feet to 1405 square feet. The exceptional infrastructure of Pimpri-Chinchwad makes the residential township more in demand. The ample open space, kids play area and a well-equipped gymnasium enhance the credibility of River Residency. The gated community is spread over 34 acres of land. The apartments are spread over 8 towers each consisting of 12 stories each.

It is equipped with everything that is a must for a living. Another essential point that makes it strategically correct is the least distance that it has from major civic amenities like the airport, railway stations, known schools and hospitals.

Destination Memoir

A residential development of the Kalbhor group, Destination Memoir is spread over 2.5 acres of land with 3 blocks each having 12 stories. It offers a total of 168 apartments including 1BHK, 2BHK and 3BHK apartments. A well designed open space, paving blocks, street lights, common lobbies and other features like these enhance the credibility of the project. The project is offering 1BHK and 2BHK apartments that are within the size range of 552 square feet to 748 square feet. The project is strategically located where it is centre to all the civic amenities and the residents can enjoy the benefit of everything not at a very far distance. The amenities that it offer include:

·         Club House

·         Multipurpose Hall

·         Play area for children

·         Swimming pool

·         A gymnasium

·         Landscape garden

·         Paved compound

·         Open space

·         Multipurpose Hall

The amenities are enough to meet the requirements of what a common man would desire today.

Pune on a whole has a wide range of property developments that range from middle segment budgeted houses to luxurious ones. The demand of an area decides the type of developments for that particular area.

 

Author Bio

Akansha Arora is a professional writer and blogger who loves to pen down her views on a number of topics that interest a reader. She writes keeping in mind the current scenarios and wishes to keep her readers well informed