Property at Pune: Three High Growth Corridors

Pune Property at Makaan.com

Pune, an important commercial center of Maharashtra, has grown in elephantine proportions as far as its reality market is concerned. From a rustic land without any socio-economic development, the city has transformed itself into an important realty hub. The progress has been brought about by several factors like popping in by software sector and emergence of a multitude of several IT/ITeS parks across its several localities. Improved connectivity, improved physical infrastructure, generation of employment opportunities are the other factors that have helped in transforming market for sell property at Pune. Let's have a look over some of the high growth corridors that this city has.

Viman Nagar: An expensive locality to buy a residential property in Pune. Forming the eastern corridors of the city, Viman Nagar has strategic advantage of being located close to several IT parks like Weikield IT Park, EON, and Espace IT Park. A 2 BHK residential property is available in the flexible price bracket: 30 lakh-2 crore. The average psf value prevalent over this locality is around 7100/-.

Kharadi: A fast pace developing locality, Kharadi is a preferential area for seekers of residential property in Pune. Kharadi is popular for the presence of EON Free Zone SEZ. It is well connected to other suburbs like Kalyani Nagar and Koregaon park. The price segment prevalent for a 2 BHK flat here is 25 lakh-1.8 crore. Average psf rate in last quarter of 2013 stood at around Rs. 5700/-.

Wakad: Located in Pimpri-Cinchwad, Wakad has done tremendous development over years. One can find some of the most developed residential properties in Pune over Wakad. A 2-room apartment is available in the comfortable 15-90 lakh price segment. The psf rate during Oct-Dec, 2013 stood at around Rs. 5000/-.

Look for property sites in India to have more information about these localities.