Pune has dragged in many people to create their dream homes in this beautiful city. Pune is known as the 'Social Capital of Maharashtra'.
According to The Economic Times' Ten Smart Cities to Invest In with special mention Kharadi is one of the Main neighbourhoods to emissary in Pune. Once a village, Kharadi now booms with the sounds of infrastructural development, catching the attention of many authorities collecting to the town.
Let's take an earlier look at 7 strong reasons why you can think of investment in Kharadi's real estate Properties in Pune.
Location Advantage
The total Kharadi area is at a stone's fling distance from the Mula-Mutha River's beautiful beauty. Despite being such a busy residential and commercial area, Kharadi has a very natural area with lush greenery and a multicultural crowd.
Complete Connectivity
Kharadi is well-associated and centrally located in Pune city. There is a well-deliberate road infrastructure and ease of contact to prime areas like Koregaon Park, Viman Nagar, Wagholi, Magarpatta, Kalyani Nagar, Hadapsar, Cyber City, Chandan Nagar and Mundhwa.
Kharadi is also well associated with the Railway station and Airport. There is also an obtainability of a vigorous public conveyance system with the new Pune Metro connectivity, this has made Kharadi, as an ideal terminus for investors and has become the favored choice for home buyers.
Business and IT Centers
Kharadi is regarded as one of Pune's top up-and-coming micro markets. Kharadi has been approved as a Special Economic Zone (SEZ), EON Free Zone, and EON Knowledge Park due to the development of new IT and commercial areas.
Kharadi has been the center of most renowned IT pivots like Zensar Technologies, EON IT Park, Kharadi IT Park, World Trade Centre Magarpatta, Cerebrum IT Park and Cybercity. Additionally, Kharadi is home to well-known corporations including Barclays Technology Center, Credit Suisse Services, Citicorp Services, Sungard, Mphasis, Zensar Technologies, Tata Communications, Reliance, Wipro, and Polaris.
Well-developed Social Infrastructure
Since Kharadi is a part of Pune Municipal Corporation, the civic organisation has been keeping an eye on its progress over the past several years. Due to the area's upscale new roads and civic infrastructure, it is a fantastic place to consider investing in residential real estate.
Kharadi has projecting schools and educational institutions such as:
1. Shankarrao College of Pharmacy
2. Kendriya Vidyalaya
3. Dhole Patil College of Engineering
4. Sunrise English medium school
5. Symbiosis
6. Victorious Kids Educates
Kharadi has recognized retail outlets, stores and malls are:
1. Reliance Mart and More Stores
2. Amanora Town Park
3. Seasons Mall
4. Magarpatta City
5. In-orbit Mall
6. Phoenix Market City Mall
Kharadi is hallowed with health care facilities such as:
1. Columbia Asia Hospital
2. Kohakade Hospital
3. Goldbest-in-classen Hospital
4. Aditya Hospital
5. Sneha Specialty Hospital
Kharadi also has the best in-class hotels by:
1. The Westin
2. Taj Blue Diamond
3. Le Meridien
4. Grand Hyatt
5. Radisson
6. JW Marriot
Residential facilities in Kharadi, there are a few luxury projects that provide the best amenities for your comfort and free time.
Price Trend
The quick increase in real estate values in Kharadi is one of the main benefits of investing there, much to the satisfaction of those who have already done so. A boon for both investors and homebuyers, Kharadi has had a 140% capital increase over the past ten years.
Residential property prices in this area are already approaching Rs. 6500/sq.ft, up from 2700/sq.ft in 2008 to 4500/sq.ft in 2014. It is simple to predict that rates will rise greatly in the upcoming years by observing the tendencies.
Kharadi Real Estate Future
Pune is a price-sensitive and end-user-focused market, therefore the being of nearby IT Parks, offices, and industrial amenities is necessary for price appreciation. In the years to come, it will still provide profitable property appreciation, and local real estate prices are anticipated to increase by up to 12%* annually. (*approx.)
Conclusion:
Famous builders have brought their interest to Kharadi by constructing various real estate projects; there are many under-construction projects which are creating a great benefit to many searching for great investment deals in real estate in the future.
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