Mohammadwadi, located in the south-eastern part of Pune is fast emerging as an attractive residential destination. This area is surrounded by hills and forest land and has a good scenic view. The area is dotted with premium, luxury, and mid-range housing options. Where the cost of a house is touching the roof in Pune city, the suburbs are still priced attractively.
Mohammadwadi is about 10km from Pune city. It comes under PMC (Pune Municipal Corporation) and shares its boundaries with 150+ acres of forest under the National Institute of Bank Management (NIBM). Mohammadwadi enjoys great connectivity to IT hubs via Kondhwa-Katraj Bypass, Solapur Highway, Mumbai-Bangalore Expressway, and Lohegaon Airport through the Hadapsar-Kharadi Bypass.
In the last few months, Mohammadwadi is witnessing unprecedented property sales. Let us understand why.
Location Advantage & Connectivity
A project’s success depends largely on its location and connectivity to prominent localities of the city. These are crucial factors for property buyers too when zeroing on a project. Mohammadwadi enjoys good connectivity to the Solapur Highway, Kondhwa-Katraj Bypass, and the Mumbai-Bangalore Expressway. The Hadapsar-Kharadi Bypass offers good accessibility to the Airport. The National Highways 13 (Solapur) and 4 (Pune-Bangalore) are also easily accessible from the locality. The road network makes Mohammadwadi extremely accessible from prominent locations.
Upcoming Road projects
Roads make a crucial contribution to make a locality grow. Recently, PMC has constructed the new 24m DP road that connects Mohammwadi Nyati Estate Chowk to Handewadi-Undri Chowk. This development offers the residents of the area the comfort to commute to Hadaspar very conveniently. Earlier they would have to travel via the crowded Katraj-Saswad bypass road or Mohammadwadi Gaothan to reach Hadapsar. Now with the new DP road, the travelers would save 1.5 km of distance and less traffic.
Apart from this Mohammadwadi will soon be connected to Handewadi-Hadaspar through a new 60m DP road. Construction will commence soon for this PMC approved project.
Physical & Social Infrastructure
Mohammadwadi boasts of excellent civic and social infrastructure. The transport facilities are good too with Pune Railway Station 11 km apart and Pune International Airport 16 km away. The area houses a large number of retired civil servants, defense personnel, IT professionals, and businessmen. It abounds in several educational institutes, restaurants, recreation centers, and supermarkets to cater to different sections of people.
It has good connectivity to colleges, hospitals, temples, parks, markets, malls, banks, and ATMs. Many good schools lie close by; DPS, Bishop, Vibgyor, RIMS, Rosary, Kothari, Hill Green, Matthew, City International. Famous hospitals like HV Desai Hospital and Noble Hospital are easily accessible. There is the Corinthian Club and Country Club which attract a lot of visitors from around Pune.
Besides these reasons, the Home loan interest rates are very low which means lower EMIs every month. This makes buying homes extremely favourable for people with some money at hand. Also with more supply than demand, the developers are proposing offers & deals which were usually seen only during festive periods.
The coming few months will see Mohammadwadi with better connectivity and accessibility to prominent localities. Housing demand is surely going to witness a boom in the coming years. The location’s proximity to 150 acres of Forest/Park Reservation is icing on the cake.
With many upcoming road projects and better connectivity & better infrastructure, Mohammadwadi is fast emerging as one of the best suburbs of Pune. Grab your space now!