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Mohammadwadi becomes investment hotspot in Pune

investment hotspot in Pune

Mohammadwadi is a suburb located in the south-eastern parts of Pune City. It comes under the jurisdiction of Pune Municipal Corporation. This area is surrounded by hills and forest land and has a good scenic view. Its neighbouring areas include forest area under the National Institute of Bank Management (NIBM), Kondhwa and Undri.

Why is Mohammadwadi an investment hotspot in Pune?

With its inclusion in the year 1997 in PMC, the tables turned for the area. It is steadily becoming an investment hotspot in Pune. There are numerous projects coming up from some of the prominent builders. The area is dotted with premium, luxury and mid-range housing options. Mostly investors from western Maharashtra, especially Mumbai have made huge investments in buying residential and commercial real estate in the area.

Connectivity:

Mohammadwadi is well connected to the other parts of Pune city via railway and roadways. The area is also well linked to suburban zones like Pisoli and Hadapsar through PMPML operated buses.

Airport: Pune International Airport is located at a driving distance of 20 km via Beed-Ahmednagar-Pune Road, and Mundhwa Road.

Road Transport: Mohammadwadi offers excellent connectivity to the Solapur Highway, Lohegaon Airport (via the Hadapsar-Kharadi Bypass), Kondhwa-Katraj Bypass and the Mumbai-Bangalore Expressway. The area is also well linked to suburban zones like Pisoli and Hadapsar.
Railway Station: Saswad Road, Ghorpadi, Pune Junction are its nearby railway stations; Pune Junction is the major railway station to Mohammadwadi, situated at a distance of 10 km via Wanwadi Road.

Its proximity to IT Parks of Hinjewadi has been a plus point for Mohammadwadi, driving residential as well as rental demand in the locality. People working in these areas prefer a stay place closer to workplace Thus making Mohammadwadi truly an investment hotspot in Pune.

Social infrastructure:

It has good connectivity to colleges, hospitals, temples, parks, markets, malls, banks and ATMs.

Many good schools lie closeby; DPS, Bishop, Vibgyor, RIMS, Rosary, Kothari, Hill Green, Matthew, City International.

There are renowned hospitals like HV Desai Hospital and Noble Hospital. Then there is the Corinthian Club and Country Club which attract a lot of visitors from around Pune.

It is home to several entertainment zones, restaurants, educational institutions and malls, and supermarkets.

Huge real estate development has changed the entire locality and the PMC is now providing the basic civic amenities water, good roads, street lights, and other infrastructures. With many upcoming property projects in Mohammadwadi, it is fast emerging as one of the most sought after investment hotspot in Pune.

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