Is Wagholi-Kharadi Region Beneficial for Real Estate Investment?
by Jyoti D. Real Estate BloggersPune has quickly
established itself as a reliable city for working professionals from all over
India, due to the sense of security, a community and the traditional values
imbibed in its air. This city is known for several achievements like being the
second-largest IT hub in India, top automobile and manufacturing sector of
India, and also cheekily called the “Oxford of the East” with regards to the
several educational Institutes established here.
With such
accomplishments in the physical, social and retail infrastructure, its apparent
how the city has secured its perimeter by creating a cluster of suburbs with
strategic planning under Pimpri-Chinchwad Municipal Corporation PCMC and Pune
Municipal Corporation PMC. These suburban regions are the dwelling spaces for
locals, young professionals, retired residents, families, and students. With
such wide demography, the separate civic bodies are appointed to sustain an
integrated environment for a conducive lifestyle.
One such
prominent suburb located in the Eastern Corridor of Pune is Kharadi, situated
on the banks of the Mula-Mutha river. Let us evaluate certain parameters to
examine whether the location is an asset:
Connectivity
The prerequisite
of a suburb other than providing a secured space is the ability to connect to
the rest of the city seamlessly. Kharadi is centrally located in Pune where the
road map branches out to the rest of the localities, including easy
accessibility to Viman Nagar, Chandan
Nagar, Magarpatta, Kalyani Nagar, Hadapsar, Cyber City, Mundhwa, Koregaon Park,
and Wagholi- which also comprises several residential projects in Wagholi.
Kharadi also lies
on the bypass road linking the Pune-Ahmednagar state highway to Pune-Solapur
national highway. The proposed road to EON Business Park will reduce the
commute to mere 10 mins from the residential complexes in the area.
The Pune Railway
station is barely a 30 minutes’ drive via the Pune-Ahmednagar Highway while the
Pune International Airport can be accessed within 20 min (7.3 km) via Nagar
Rd/Pune - Ahmednagar Hwy/Samrat Ashok Rd.
The proposed
extension of the Vanaz-Ramwadi metro line up to the Kharadi IT Park would be
the quick mode of public transport, with an expected opening by 2023.
Owing to this
convenience, flats in Wagholi-Kharadi
have been in huge demand.
Infrastructure
Kharadi has been strategically designed to
incorporate the fundamental services within the locale conducive to the
residents.
-
Some of the best international
schools and reputed colleges are located in the vicinity are D.Y Patil College, BJS College,Podar
International, Central School, Management Institute of Leadership &
Excellence, Nirmala Convent School, Victorious Kids Educares, Kothari
International, Christ College, and many more, all located in proximity
assures the safeguarded community for your child.
-
Top-quality medical care
facilities and hospitals such as Imax
Multispeciality Hospital, Medipoint
Hospital, Columbia Asia Hospital, Rising Medicare Hospital, Balaji Hospital, Shree Hospital are at a
convenient distance conducive for emergencies.
-
The entertainment sector is in no
way behind as some of the most elaborate malls such as Decathlon, Phoenix Market City, Inorbit Mall, Fortune Plaza, Amanora
Mall, Global Highstreet are located in the perimeter for shopping and
recreational activities.
Several
upcoming residential
project in Pune are now introduced in these areas with 1
and 2 BHK flats in Wagholi-Kharadi
region for optimum lifestyle for residents.
Corporate Sector
Kharadi has
homogenized the employment hub by incorporating one of the extensive business
hubs in Pune called EON IT Park. This is a Special Economic Zone (SEZ) that
allows special benefits for business setups.
Several
established MNCs and massive company campuses like WIPRO, TATA, Reliance, Polaris, Barclays, Honeywell, Sears, Zensar, Citicorp Services India Pvt. Ltd, Vodafone, Meltek
Infosystems, Polaris, Eaton, Tieto, Mphasis, Symantec, and other small and big companies are included in this
Tech hub.
While
the nearby locales like Thite Nagar,
Yashwant Nagar, Ashok Nagar, and Shetkari Nagar are interlinked with
Kharadi that also have prominent corporate hubs.
Gated Residential Zone
One of the
reasons people prefer these suburbs is the sense of security and a harmonious
community observed here. Every region is under the surveillance and authority
of its own police station, judiciary bodies, and emergency helplines.
Moreover, since
the demography is that of working professionals, University students,
middle-class families, the overall vibe is that of a decent crowd, the lowest
crime rates, and the livability and safety of women. One of the reasons why in
recent years, several real estate developers have introduced residential
complexes with an average of 2 BHK in
Wagholi.
One such
prominent project in this area is EQUA by
Kolte-Patil that presents 2 BHK
for sale in Wagholi. Hop into their website for more information as they
have introduced a Special Launch Offer of Rs.50000 discount on spot booking of
their 2 BHK flat for sale in Wagholi.
RERA NO: P52100032093
Sponsor Ads
Created on Jan 17th 2022 10:04. Viewed 403 times.