Hotspots in Pune that demonstrates excellent prospects

Pune enjoys a robust realty market and witnessing a significant demand. Many new spots in Pune are selling like hot cakes due to factors like connectivity, affordability, viability etc. These hotspots are demonstrating excellent investment prospects.Two such hotspots are captured belowNew projectsCharoli offers large parcels of barren lands that attracts spate of new developments. Many projects are already in the pipeline with some ready to move in projects also. Areas such as Koregaon Park and Vishwananda seems to be saturated when it comes of real estate development. This is also one of the reasons that is increasing the popularity and demand of areas like Charoli. Charoli is one of the potential areas that demonstrates excellent potential for growth. Real estate in Pune is soaring high on demand.

ConnectivityApart from this, Charoli also boasts of a great connectivity which increases the attractiveness of the location. The area enjoys close proximity to Pune’s Lohegaon Airport which is located at a distance of 6 km distance and Pune railway station located at a distance of 13 km. “The proximity to the airport has given brownie points to this area has been instrumental in boosting the real estate. The areas lying in the its neighborhood have also benefitted from their nearness to the airport. The realty market Viman Nagar and Nagar Road have gained momentum because of this. Real estate projects in Pune is burgeoning unexpectedly at a very high pace.IT proximityAs Charoli is situated close to Kalyani Nagar, it tends to witness demand from professionals with limited budget on a constant basis. upcoming residential projects in Pune Moreover, the area also sees a significant demand for a rented accommodation.

Future developmentThe proposed 170km Ring Road around Pune and Pimpri - Chinchwad is one of the major infrastructure projects. Once functional, it is envisaged to have positive impact on residential units of Charoli. Charoli is also expected to be the first regions to receive the benefits of the proposed Ring Road as well as other infrastructure projects,”. These developments is expected to improve the inter-connectivity of Charoli to Pune and the Pimpri - Chinchwad Municipal Corporation and beyond. It will also have positive effect on the property values of the locality.Another emerging destination in Pune is Hadapsar which is receiving a great demandInvestment in Hadapsar has seen a lot of development in the recent past and attracted a great number of investments mainly because of its location advantage.

The major highlight of the area is that it enjoys close proximity with old central business districts of Pune. Hadapsar also boasts of a great connectivity with MG road, Nagar road and Solapur road. The place receives a whopping demand the IT professionals. top 10 builders in Pune The place is also located nearby major IT hubs such as Magarpatta, SP Info city, Eon IT Park etc. Hadapsar has demonstrated a significant rise in the capital value in the past two years. The area is growing at a scorching pace and is expected see a prolific demand in the coming time too. Investing in this area in the present time can be a profitable deal as prices are likely to appreciate in future. One can expect higher returns.The area boasts of a robust social infrastructure with good number educational institutes, hospitals, malls etc. but the physical infrastructure is still in the developing phase paving way to affordability. One can buy their dream houses without burning a hole into their pockets. State of the art projects are launched by many reputed builders in this area which appears as a great bet for investors as well as end users.