Top 5 Reasons To Consider The Real Estate Market Of Pune
Pune, also known as the ‘Queen of Deccan’, is a city of historical evidence, a knowledge hub, and a cultural boulevard. Apart from an old-world feel, Pune has emerged as one of the country’s most dynamic cities, with a populace from every field. These aspects make Pune a lucrative place for investment in real estate, with ample infrastructure, connectivity and ever-exponential growth. Among many successful localities in Pune, Kharadi is identified as one of the premier residential and commercial centres that attracts multiple real estate investments.
Perhaps the name Kharadi has become familiar to those looking for a place to invest in Pune. Let’s examine the five key points why one should invest in Kharadi and why this fast-emerging locality would help one build a secure future.
Strategic Connectivity
Another factor that can actually be boosted to justify the investment in Kharadi is its unbeaten location. Located in eastern Pune, Kharadi has abundant transport links to the rest of Pune and the city in general. Hadapsar is 5.2 km away from Pune city centre, while other localities are strategically positioned near Viman Nagar and Mundhwa localities. This makes Kharadi a strategic area in which to establish residential and commercial properties.
Kharadi is well-connected with planned roads, highways, expressways, and transportation centres. It is also just a few kilometres from the Pune International Airport, which will surely be a plus point for frequent travellers.
Also, the proposed Pune Metro is expected to improve connectivity shortly and has been added to Kharadi’s portfolio, which is proving to be a good bet for real estate investments.
Booming Real Estate Demand
Kharadi has become an impressive development hub with a huge demand for property due to escalating demands from homemakers and investors. Over the last few years, Kharadi has developed from a purely residential area to a prominent commercial and residential locality. A number of high-rise apartments, villas, and commercial complexes exist and are visible within the area, depending on the client’s choices and financial capacities.
The requirement for world-class residential facilities has risen according to the number of functioning IT professionals across various industries operating in Kharadi. Several high-rise projects have been planned in Kharadi, and therefore, the real estate in Pune prices have increased and has proved to be a strategic investment option.
This demand makes the location popular among consumers on both the demand-buying and rent sides, making Kharadi a bright market for those interested in investing in rented houses.
Not only are people searching for a house for their family, especially in the current scenario where property prices in other parts of Pune are shooting up, but Kharadi is likely to bring in better returns in the future as the real estate business increases in proportion in the upcoming years.
Expanding IT Hub and Employment Opportunities
That being said, Kharadi is not only for residential purposes but is also one of the most advanced IT parks in Pune. It is known for a large number of Global Giants, IT hubs, and business establishments and is, therefore, a major employment complex of the city. This has been made possible by the presence of strategically located entities like the World Trade Centre Pune (WTC), EON IT park, Zensar Technologies, etc.
The IT boom inflated the demand for housing, particularly from IT professionals working here. Many IT professionals want to stay close to the workplace and spend less time commuting. The residential developments in Kharadi are just what these employees want. As a result, the rental demand in the area has always been high, making it an attractive proposition to investors wishing to benefit from rental income.
This influx of working professionals has further led to growth in the retail and commercial spaces that can provide a dynamic ecosystem for both businesses and leisure. Thus, for investors, Kharadi presents great potential for capital appreciation and rental returns.
World-Class Infrastructure and Amenities
One of Kharadi’s major attractions is its top-class infrastructure and amenities. The reputed educational institutions, healthcare facilities, shopping malls, and entertainment centres boast excellent social infrastructure. Some of the best schools and hospitals in Pune, such as Columbia Asia Hospital and Kharadi Midpoint Hospital, are located in Kharadi so that residents can access quality healthcare and education.
Besides all this, Kharadi offers all the entertainment facilities, making it an ideal destination for families. It contains shopping malls, multiplexes, restaurants, and cafes; therefore, each resident of this locality has several entertaining options with easy access.
Kharadi’s real estate projects are also famous for their luxurious amenities, which those of today’s urban life can enjoy very well. Most complexes contain world-class amenities and features like swimming pools, gyms, jogging tracks, children’s playing areas, and 24/7 security services. Some premium developments like Majestique Marbella in Pune offer unique features to the buyer, such as a world-class rooftop infinity pool, plug-and-play co-working spaces, mini theatres, and more. Such amenities added immense value to the properties and made Kharadi a place most desirable to live in.
Safety and Security
Most people always consider safety a very important consideration when referring to an investment or a place of living. Kharadi scores quite high on this factor and is known to be a safe and secure locality. The area boasts a low crime rate compared to all parts of Pune, making it an ideal choice for families, professionals, and retirees.
A number of 1 and 2 BHK under construction flats in Pune come in gated communities with 24/7 security, CCTV, and control access. It is pretty safe at all times. Good, reliable healthcare facilities nearby add to residents’ peace of mind.
For investors, Kharadi’s perceived status as a safe zone becomes a stronger selling point as properties within such secure and planned localities grow in value over time.
Conclusion
In short, Kharadi is poised to offer the perfect mix of location, infrastructure, employment opportunities, and real estate growth, and it happens to be one of the most promising investment destinations in Pune. Its strategic location, coupled with the prosperous IT sector and fine social infrastructure, will ensure that Kharadi keeps on emerging popular in the long run.
This means Kharadi is a golden opportunity for investors since they get capital appreciation along with rental income. Whether you are looking for a place to stay or diversifying your investment portfolio, consider Kharadi.
As Pune continues to grow and evolve, Kharadi will become an important location for the residential and commercial hubs. Hence, it will surely top your list as a smart and secure investment in Pune.
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