Why investing in Sainath Nagar, Pune, in 2016, a lucrative deal?

Why investing in Sainath Nagar, Pune, in 2016, a lucrative deal?

Based near the east of Pune, the Sainath Nagar area presently is famous as a part of the speediest growing area of the metropolitan city. The residential property sector in the locality has increased by bounds and heaps; hence the realty industry followers vouch for the area the premium investment choice to buy a residential property in the peripherals of this area. This article talks about the reasons of why one should invest in Sainath Nagar.

 

Pune has created a special place for itself for those looking to invest in residential property in Maharashtra. Because of its proximity with one of the most popular city in India, Mumbai, and for offering a variety of realty options, Pune has become a prime investment choice.

 

While all the areas of Pune are considered prime because of an efficient infrastructure. The reasons that are making Sainath Nagar a prime choice are:

 

Reasons why Sainath Nagar is becoming the prime choice

 

Affordability

 

Sainath Nagar is the locality, which you can go for when you are planning to buy a house for the living purpose but your spending limit is low. Koregaon Park is one of the most demanded residential areas of Pune and the demand has made it the most expensive one too. Sainath Nagar area is part of the most pocket friendly choices for people who are not able to invest in property of Koregaon Park, an area where realty is being proposed at Rs 10000-12,000 per sq ft. Due to the affordability, the locality is witnessing a very peak order from the IT professionals.

According to various developers, in Pune, one of the main instances of spread out demand plus the infrastructural developments happening together for effectively increasing the real estate demand of areas is Sainath Nagar. The region is witnessing an increase in investment from Kharadi, the IT center of city.

Ready to shift projects

 

Because of the high demand in the locality, there are a lot of developers are launching their new projects here. Some of the developers, who are a part of the most renowned groups of Pune, have recently launched their new establishments are:

 

1.      Kumar Properties

This builder group has recently launched the project Kumar Primavera in the prime location of Sainath Nagar, Pune. They are offering 2 BHK apartments of 995-1093 Sq. Ft. size area for a price of INR 61 to 70 Lac. Spread over the area of 7 acres, the project is divided in 4 blocks and offers premium amenities like Gym, Club house and paved compound etc. it’s attracting maximum attention from the IT professionals from all over Pune.

2.      Karia Developers

The most well known builder group of Pune, Karia Developers, has recently launched their project Konark Eureka. They are offering 2 and 3 BHK apartments of 1100-2000 Sq. Ft area size for a price of Rs. 1.03 Crore. Spread over 27 Acres of land, the project is divided into four towers. It offers rain water harvesting, sewage treatment plans etc. as part of the prime amenities.

Connectivity

 

The region is well linked with Khandala Loni Road that ensures the locality is easily reachable to the other regions of Pune. Other than this, the number of infrastructural growths, the place has seen off-late is very high.

The Nagar roads have been extended to a total of six lines. Plus, the area is expected to be a digression of the ring road that is going to cover the whole city. The road linking Sainath Nagar with the Eon IT Park that moves across the Nagar Road. One other flyover is expected to connect Sainath Nagar with Shikrapur via the other direction.

 

 Tripti writes on the behalf of 99 acres.com. Her articles talk about new developments in the real estate industry. She is an avid fiction reader, craftsman and a keen observer. Being someone who just observes without having a point of view, she keeps herself updated in real time.