Pune is where everyone wants to own a piece of property. This buzzing IT hub and an upcoming manufacturing hub is a sought-after investment destination. Given the Govt. thrust on infrastructure and development, the property prices in Pune are ascending upward day by day. Pune suburbs are expanding and developing with jet speed. Kharadi is one such suburb that is quite popular among property seekers. But is Kharadi good for investment? Yes! It is! The huge number of residential projects coming up in the area is testimony to that.
Whenever you evaluate a property’s worth, you must consider certain pointers before making a purchase. The present infrastructure and future development plans, location and connectivity with other parts of the city, availability of public transport and daily conveniences, prospects, etc. Only after you assess these do you decide to take the plunge; after all, it’s a huge financial investment.
So, what makes Kharadi an alluring investment bet? What are some of the pertinent reasons to invest in Kharadi?
Why is Kharadi a good investment option?
Kharadi is one of those areas of the city where house prices are currently affordable, even though they are rising every month, and with the new Pune Metro railway connection, they are only going to rise further. So, let’s take a look at what makes it an attractive investment destination.
Connectivity/ Present & Proposed Infrastructure
Kharadi is a centrally located Pune suburb and enjoys a good road network. Hadapsar railway station is located just 5 km away from the Kharadi, and the airport also is well-connected. Public transport is easily available, making travel cheaper and easier.
Amongst the prominent roads that run through the area are- a bypass road that connects the Pune-Ahmednagar state highway to the Pune-Solapur National Highway, SH 2, Pune Nagar Road, Mundhwa Kharadi road, etc.
Kharadi will soon be connected by the Pune metro. The residents will then have access to a faster travel medium. The first phase of Pune Metro is nearing completion. In Phase 2 of Pune Metro, the rail network will increase by 82.5 km – from Vanaz to Chandni Chowk, Ramwadi to Wagholi, SNDT to Warje, Hadapsar to Kharadi, Swargate to Hadapsar, Khadakwasla to Swargate on proposed HCMTR route.
The future of kharadi is very bright; with the coming of the metro in the area, property prices will scale up, giving you better returns on your investment.
Well Developed Social Amenities
To live a comfortable life, you need to have all your basic requirements near you- whether it is academic institutions, healthcare centers, banks, markets, entertainment options, etc. Kharadi has them all. Kharadi comes under PMC (Pune Municipal Corporation), making the road infrastructure good, there is provision of clean drinking water, well set up drainage system, etc. Amongst the good schools, there are Kendriya Vidyalaya, Symbiosis, Dhole Patil College of Engineering, etc.. To cater to your health requirements, there is Columbia Asia Hospital, Sneha Specialty Hospital, Golden Hospital, Kohakade Hospital, etc. For the shopaholics, there is an In-orbit Mall, Phoenix Market City Mall, Reliance Mart and More Stores, Seasons Mall, etc.
Is Kharadi good for investment? Is it not? Excellent social amenities of the area make it more livable. Everything you need daily is conveniently available.
Employment Destination
Another important factor that affects property-purchase decisions is the connectivity/ proximity of a locality with employment hubs. Kharadi offers you excellent connectivity to EON Free Zone, EON Knowledge Park, Kharadi IT Park, World Trade Centre, Magarpatta, Cerebrum IT Park, and Cybercity.
Employment hubs in the vicinity of a locality generate more housing demand in the area. There are some prominent corporate houses offices here: Barclays Technology Center, Credit Suisse Services, Reliance, Wipro, Tata Communications, Polaris, Citicorp Services, etc.
Kharadi is a Special Economic Zone (SEZ). The area will soon be home to new IT and commercial spaces in the future.
Affordable Property
With property rates more affordable than in Pune city, Kharadi is a great investment bet. The area’s fast-paced development will soon make property prices shoot up. This is the right time to invest in Kharadi. No wonder Kharadi is a popular choice amongst property buyers and investors alike. Kharadi is one of Pune’s best upcoming micro-markets.
Located in East Pune, Kharadi is a buzzing real estate investment hotspot. Make the most of the fast-paced development and steadily rising property prices before the property prices go beyond your budget. Book your space now!
