If you are narrowing down a list of areas to buy a property in Pune, Kharadi is one such area which can’t go missing off your list. Located on the eastern corridor of Pune, Kharadi has become one of the most preferred locations for home buyers over time. Apartments in Kharadi has noted a tremendous growth in past years and now it’s home to some of the best apartments in Pune. With demand of properties rising and new projects coming up, the property rates in the area is surprisingly still very attractive. Kharadi is also blue-pinned as the “developable area” by the Pune Municipal Corporation. Here are some reasons to buy a property in Kharadi:
A business hub
Kharadi is home to some of the most advanced and biggest IT parks namely Zensar Knowledge Park, MIDC Knowledge Park, EON IT Park and World Trade Center. The IT companies located on the Nagar Road are in proximity, too. The locality is also an SEZ and an EON Free zone. Besides, there are other renowned corporate such as Wipro, Polaris, Reliance, Tata Communication, Softinfology Pvt. Ltd., Citicorp Services India Pvt. Ltd., Vodafone, Meltek Infosystems, Eaton, Honeywell, Mphasis, Barclays, Symantec etc.
Presence of offices and commercial spaces in the neighbourhood makes Kharadi a perfect investment and home buying choice for home seekers.
Connecting ways
Kharadi is well connected to other parts of the city through major rods including Kharadi Road, Kharadi South Main road and Magarpatta Road. A well-planned road infrastructure and ease of access to prime areas like the railway station, Koregaon Park, Viman Nagar, Kalyani Nagar, Hadapsar, Wagholi, Magarpatta CyberCity, Chandan Nagar and Mundhwa has made it an ideal destination for investors. Pune airport is at a stone throw’s distance from here. There is also an availability of a robust public transportation system. The state highway MH SH 27 is directly linked to the locality, which further boosts the connectivity.
Fulfilling residential needs
Residential apartments in Kharadi has a variety of options including affordable as well as luxury apartments. Vascon Forest County, Vason Forest Edge, Vason Almonte are some key projects with great amenities in Kharadi. Kharadi has witnesses a capital appreciation of almost 35% during last few years. The prices of residential property in the locality hover around Rs. 5900 per sq ft to Rs. 6300 sq ft.
Social Infrastructure
It is a great location to live in as social infrastructure here has also developed on a large scale. It is a home to some prominent schools like Oxford World School, Nirmal Convent School etc. One can see that Kharadi landscape is dotted with several retail and healthcare brand establishments like Reliance Mart and More stores, Columbia Asia hospital, Golden hospital, Sneha Specialty hospital, Amanora Park town, Seasons Mall, Phoenix Mall etc. Reputed hospitality brands like the Taj Blue Diamond, Le Meridian, JW Marriott, Grand Hyatt, The Westin and Radisson are some renowned brand catering to this region.
Future Outlook
Kharadi has the right mix for exponential growth, and it is no surprise that it continues to develop and evolve as an upcoming micro-market in Pune to offer lucrative property appreciation in the years ahead. The apartments are available in various configurations and range from 1,2 and 3 to 4 BHK apartments and include wide range of amenities like gymnasium, clubhouse, swimming pools and much more; everything to calm your senses and relax your nerves after a day of hard work!