|Type of Home||Premium Apartments|
|Location||Kharadi – Pune|
|Size of Total Project:||45 Acres (consisting of 2 phases – out of which Phase 2 is being suggested)|
|Type of Units||2 BHK (1147 sft) and 3 BHK (1167 sft)|
|No. of Floors||Ground + Basement + 11 Floors (total 6 towers in Phase 2)|
|Total No. of Units||450|
|Expected Commencement & Completion Date||Phase 1 is close to completion and Phase 2 is under construction and is expected to be ready for possession by January 2015.|
|Sanctions Status||All Sanctions received.|
|Budget Range||Rs.58 lakh onwards.|
|USPs||This projects superb location (Kharadi) and price being charged for the amenities being offered make it an excellent bargain for those looking for both investment as well as self-occupation options in Pune.|
Why In Pune?
Pune also known as the Oxford of east has shown impressive economic growth in the past few decades. In the last decade a large number of companies have also made their presence felt in the city and several manufacturing and software companies have set up their development centres in this city. Industry experts indicate that residential space of around 1.76 million square feet is needed with the real estate sector recording compound annual growth of 51 percent.
Being an educational and IT hub, Pune attracts buyers and developers for residential properties and commercial properties as well. The residential property market in Pune is burgeoning owing to the fact that the city always keeps up its infrastructure with the developments going on in the city. In addition to the economical value of the city properties, governed by aforementioned factors, the pleasant weather, city administration and a cosmopolitan feel of the city also make it popular amongst the buyers.
With the rapid infrastructural development and economic growth, buying a property in Pune has become an excellent investment option. Real estate prices have recorded a consistent appreciation of 25% to 30% year on year. There is a growing demand for intelligent living spaces that provide upscale amenities at affordable prices.
Kharadi, which used to be once dismissed as an undeveloped fringe area of Pune is now the place for IT complexes, corporate buildings, residential areas and malls. Putting Hinjewadi, Baner and other such areas behind, Kharadi is now responsible for the way the skyline the western corridor of the city looks.
Kharadi is in close proximity to Koregaon Park and Kalyani Nagar which is where all the action happens in Pune. Since Koregaon Park and Kalyani Nagar are prime localities, property prices here have become quite expensive, making it unaffordable for most of the working class. This is one of the biggest reason for Kharadi becoming the next growth and investment destination in Pune.
Kharadai has a key geographical location – its proximity to the airport, Koregaon Park, Kalyani Nagar, Viman Nagar, Ranjangaon (an industrial area), Magarpatta, Commerzone, Gigaspace and Espace IT parks has lead to huge demand for quality affordable housing in this area. It is a slum free zone, its not developing in fragments and the prices are still depressed.
Eon Free Zone, a special economic zone (SEZ) near Kharadi hosts numerous leading companies of India that today employ an estimated 40,000 people in a single shift. Such employees will start looking for self-use properties in Kharadi and in this respect, the genuine end-use buyer market is only growing. Hence Kharadi can be safely considered the most lucrative real estate investment zone in Pune for the next few years.
This developer is among top 3 builders of Pune and has completed projects totalling 50,00,000 square feet in Pune and Bangalore – and across multiple segments like residential, business and IT parsk, retail and hospitality and integrated townships.
The developer is ISO 9001:2000 certified and his record is as below :
Completed Projects : 13 residential + 12 commercial
Ongoing Projects : 12 residential + 3 commercial
For more info, site visits and bookings, please contact :
Mr.Jatinder Singh Paul – 09921582556 – firstname.lastname@example.org