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#Ready Possession Projects in Kharadi
rajesh203 · 2 months
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Discover Your Dream Home: Ready to Possession Flats in Pune
Pune, known as the Oxford of the East, has evolved into one of India's most sought-after residential destinations. With a perfect blend of tradition and modernity, the city offers an exceptional living experience. If you're on the lookout for ready-to-possession flats in Pune, you've come to the right place. This guide will help you navigate the best options available, ensuring you find the home of your dreams.
Why Choose Ready-to-Possession Flats? Ready-to-possession flats are a popular choice among homebuyers for several reasons:
Immediate Move-In: No waiting period. Once the paperwork is done, you can move in right away.
No Construction Delays: Avoid the uncertainties and delays often associated with under-construction properties.
What You See Is What You Get: You can inspect the actual property and ensure it meets your expectations.
Tax Benefits: Homebuyers can avail of tax benefits on both the principal and interest repayment.
Rental Income: If you're investing, you can start earning rental income immediately. Top Locations for Ready-to-Possession Flats in Pune
Kharadi: Known for its IT parks and proximity to the airport, Kharadi is a prime location offering a mix of luxury and affordable housing options.
Wakad: A rapidly developing area with excellent connectivity to Hinjewadi IT Park and the Mumbai-Pune Expressway.
Baner: A trendy neighborhood with a bustling social scene, top schools, and shopping centers.
Hinjewadi: Home to the Rajiv Gandhi Infotech Park, this area is ideal for IT professionals looking for a short commute.
Kondhwa: Offers a variety of housing options and is well-connected to the city center and IT hubs. Features to Look for in Ready-to-Possession Flats
When choosing a ready-to-possession flat, consider the following features:
Location: Proximity to work, schools, hospitals, and recreational areas.
Amenities: Look for amenities such as swimming pools, gyms, parks, and community halls.
Security: Ensure the property has adequate security measures, including CCTV surveillance and 24/7 security personnel.
Builder Reputation: Choose projects from reputed builders known for their quality and timely delivery.
Legal Compliance: Verify that the property has all the necessary approvals and clearances. Benefits of Living in Pune
Living in Pune comes with its own set of advantages:
Educational Hub: Home to numerous prestigious schools, colleges, and universities.
Pleasant Climate: Enjoy a moderate climate year-round, perfect for outdoor activities.
Cultural Richness: Experience a blend of traditional and contemporary culture with numerous festivals and events.
Economic Growth: Pune's thriving IT, automotive, and manufacturing sectors offer abundant job opportunities.
Quality of Life: Excellent healthcare facilities, recreational options, and a vibrant social scene make Pune a great place to live. Conclusion
Ready-to-possession flats in Pune offer an excellent opportunity for homebuyers to settle in one of India's most dynamic cities. Whether you're looking for a luxurious apartment or a budget-friendly home, Pune has something to suit every need. Take the first step towards finding your dream home today, and experience the joy of hassle-free living in Pune.
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bloggerkunalthakur · 5 months
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Top Residential Properties in Kharadi, Pune — Blogger Kunal
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Are you searching for the best real estate in Kharadi Pune? Look no further! Kharadi, renowned for its prime location and robust infrastructure, has emerged as a preferred destination for property buyers. Here’s a curated list of the finest residential projects in Kharadi Pune, offering luxury apartments and more:
Gera Island of Joy Kharadi Pune:
Explore luxurious 1 BHK, 2 BHK, and 3 BHK apartments in Kharadi Pune by Gera Developments, featuring upscale amenities and ChildCentric® features. Strategically located with easy access to key facilities and landmarks.
Majestique Evolvus Kharadi Pune:
Discover RERA-approved luxury apartments in Kharadi Pune by Majestique Landmarks, promising modern amenities and spacious living spaces. Ideal for those seeking a blend of luxury and convenience.
Lodha Estilo Kharadi Pune:
Experience resort-like living in under construction apartments in Kharadi Pune by Lodha Group, featuring lavish 3 BHK and 4 BHK residences. Expected possession by April 2026.
Lodha Giardino Kharadi Pune:
Explore upcoming luxury property in Kharadi Pune by Lodha Group, offering spacious 2 BHK, 3 BHK, and 4 BHK residences. Expected possession by December 2025.
VTP Dolce Vita Kharadi Pune:
Embark on a journey of modern living with newly launched apartments by VTP Realty. Enjoy smart home features and modern amenities. Expected possession by 2028.
Kohinoor Greentastic Kharadi Pune:
Indulge in ultra-luxurious living with spacious 2 BHK and 3 BHK residences by Kohinoor Group. Enjoy world-class amenities and green surroundings.
Godrej Urban Retreat Kharadi Pune:
Experience resort-themed living with luxurious 2 BHK and 3 BHK apartments by Godrej Properties. Expected completion by 2027.
VTP Flamante Kharadi Pune:
Discover eye-catching features and modern amenities with newly launched apartments by VTP Realty. Expected possession by March 2028.
Duville Riverdale Heights Kharadi Pune:
Experience modern living with spacious apartments by Duville Estates. Ready to move in apartments in Kharadi Pune by Duville Estates that will be best for you!
Majestique Towers Kharadi Pune:
Explore mid-construction luxury apartments by Majestique Landmarks, offering spacious 2 BHK and 3 BHK residences with state-of-the-art amenities. Expected completion soon.
Whether you’re looking for properties for sale in Kharadi Pune or specific configurations like 1 BHK, 2 BHK, or 3 BHK apartments, these properties offer a unique blend of luxury, convenience, and modern living. Don’t miss out on these prime real estate opportunities in Kharadi, Pune!
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corazonhomespune · 5 years
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CorazonHomes helps for finding  1BHK/2BHK/3BHK Flats as per your needs. A variety of New Residential Ready Possession Projects, Luxurious and Spacious Budget Apartments for Sale in Kharadi Pune.
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chetanppc · 5 years
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VTP Realty -Pegasus New Kharadi- VTP-Pegasus is part of approx a hundred acres township to be evolved close to EON IT Park in Kharadi New. VTP Pegasus Kharadi Pune, will be constructed cluster wise with two cluster to be launched as of now namely VTP Cygnus of 6 acreshttps://corazonhomes.com/property/vtp-pegasus-kharadi/
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cpbopstech19 · 5 years
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Buy Residential & Commercial Real Estate Properties in Pune |Corazon Homes
CorazonHomes helps for finding  1BHK/2BHK/3BHK Flats as per your needs. A variety of New Residential Ready Possession Projects, Luxurious and Spacious Budget Apartments for Sale in Kharadi Pune.
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How Accessories can redefine your Home
How Accessories can redefine your Home   
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It’s amazing how small decorative items and accessories can make a huge impact in a room. Designers know the influence that rugs, lighting, throw pillows, art, and other accessories can have in a space and know how to use them wisely.
Unfortunately, accessories and small decor can also break a space. Decorative items are the most inexpensive way to freshen or add a new look to a room, but if a decorator is not careful these items can quickly overtake the home.
There is absolutely no rule that says your accessories cannot be an eclectic mix—one that makes you think and feel a few different ways at once. You just want that room to feel inviting and lived-in.
From plants to objects and art to lighting, take a look at the most important accessories and tips for arranging them in every room of your home.
Bring in Plants and Flowers to Add Life and Energy
Plants in the home have become a huge design trend again. People crave bringing a bit of the outside in, from a stately tree to tiny succulents and lush arrangements of flowers.
In your own home, plants and flowers can be arranged and clustered or spread out throughout rooms. Not only do they look nice and add a pop of colour, but they also help purify the air and can make you feel happier.
When getting started, make sure you understand how much light these rooms get, and shop for plants accordingly. You do not want them to wither and die before you really get to enjoy them and see how they grow.
Create (or Temper) Drama with Window Treatments
Window treatments play a big role in the mood of a room. Floor-to-ceiling curtains create drama and a sense of grandeur, meanwhile, something like bamboo blinds can filter daylight in a really calming way. Likewise, window treatments can either add a pop of colour or pattern or become a focal point in a room, or fade into the background, letting your other furniture and accessories take centre stage.
For privacy, for light filtration, or just for looks window treatments are one of those room accessories that really help a room feel "finished."
Set the Mood with Lamps and Lighting
From floor lamps and table lamps to sconces and statement-making pendants and chandeliers, lights set the mood in every room.
Consider dimmers and lamps in rooms where you want to create a warmer, cozier feeling, and track lighting in spaces where you want the room to feel bright and open all year long. From a design perspective, do not be afraid to have some fun. Lampshades can be changed, and chandeliers and pendant lights can completely change the energy in a room.
Add Area Rugs for Depth and Warmth
Hardwood floors are nice but are often overlooked. A really cool area rug can even make the floor feel like the focal point. And, if you do not have dazzling hardwood floors, area rugs are the perfect way to mask less-than-perfect flooring and take control of the warmth factor in any room. Rugs can also add depth; your eye will naturally follow the colour or pattern to the end. They are also a great way to add maturity to any room especially your first place when you are just starting to get your feel for your sense of style and decor preferences.
There are no hard and fast rules when it comes to rugs, but much like window treatments, they can serve as a focal point or as a soft background feature that allows other room elements to shine.
Hang Art and Gather Objects
Often when decorating a space, we feel rushed to make sure it gets "finished." But the truth is, making a room or a home feel like home, can take time. So when it comes to adding those special little touches, do not be afraid to decorate slowly. Take care and time to gather unique and interesting objects, and experiment by moving them around the house to see where they feel best.
This applies to hanging art, too—let that process happen naturally and you will be happier with the results.
Select a Statement Piece
A statement piece is one that calls itself to attention whenever you experience it. In your own home, you might choose to make a piece of furniture your statement piece, or it could be your carefully chosen, large indoor plant, or a big piece of art hung on the wall. A statement piece helps to anchor the room and can give you a centre point around which all your other decor choices can be based.
Embrace a Mix of Textures
Mix textures in every room. There is really no limit to how you can combine and play with textures in your home—hard and soft, rough and smooth, you get the idea. Rugs are a part of this, as is furniture and accessories—they all work together to create depth, interest, contrast, and personality.
If you’re looking for Property in Pune or Flats in Pune feel free to check out Panchshil offerings for the finest in luxury living.
CONTACT
Corporate Office
Tech Park One, Tower E, 191 Yerwada, Pune - 411 006. INDIA
T :+91 20 66473200
F : 91 20 66473101
Mumbai Office
Express Towers, 20th Floor, Nariman Point, Mumbai - 400 021. INDIA
T :+91 22 66863939
Toll Free :1800 121 9900
Welcome to Panchshil Realty - India's Top Real Estate Developers
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apruv10 · 3 years
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All you know to about Ajanta Forest Edge, Kharadi, Pune
A dream home urge is a mix of spacious rooms, lavish lifestyle amenities, lush green vicinity, open play areas, a secure foundation and more. When such is a desirous, Prominent real estate developer AJANTA ENTERPRISES astonishing residential destination project named Ajanta Forest Edge
in prospering location Kharadi in Pune. Ajanta Forest Edge is luxurious, indulgent, and desired. The project brings you elegantly designed 2BHK Apartments/ Township and prices ranging from ₹ 89 L  Ajanta Forest Edge sq.ft charges
Enriched with 10+ amenities, Ajanta Forest Edge is your everyday lifestyle like no other. Residential complex/ Township has swimming pool along with play zone for kids & Separate court for outdoor  games. Elegant clubhouse with gym, indoor games & reading zone. Besides, the security level is of premium quality with CCTV surveillance and firefighting equipment at Ajanta Forest Edge. Amongst its other features, Ajanta Forest Edge rainwater harvesting, multi levelled reserved parking.
 Being located right at the center of Kharadi / IT hotspot of Pune, Ajanta Forest Edge offers you an unmatched leisure of staying connected with all that you need and all that you crave. May it be your office or transportation hubs, may it be shopping malls or the hippest new restaurants in town. Following is the list of nearby landmarks that are just a few steps away from Ajanta Forest Edge.
Healthcare & Hospitals near     Ajanta Forest Edge
Columbia Asia Hospital Pune – 8 km
Medipoint Hospital – 5 km
K K Hospital – 2 km
Shree Hospital – 500 m
New Municipal Hospital – 700 m
  IT Parks & Business Hubs     near Ajanta Forest Edge
IT PARKE – 18.1KM
PUNE IT PARK – 16.4Km
Eon IT Park – 3.4KM
Educational School/Institutes     near Ajanta Forest Edge
New Zensir School – 900m
Silver Bell Tree School – 800m
Shanti Juniors Kharadi – 950M
EON Gyanankur English Medium School – 4Km  
Mahindra Public School – 1.7Km
Daily Conveniences/ City     Connection
Vrudhashram – 600 m
Durdhvani Kendra Kharadi Road – 600 m
Telephone Exchange (kharadi) – 600 m
Tukaram Parage High School – 600 m
It Tower – 700 m
  Hotels near Ajanta Forest Edge
The Munchbox – 800 m
Masa Masa Sea Food Kitchen – 700 m
KFC – 300 m
Hotel Kaveri – 800 m
McDonald’s – 300 m
  Entertainment Centers &     Malls near Ajanta Forest Edge
Surendra Pathare Shopping Zone – 900 m
Ramesh Prajapati Kala Kendra – 2.3 km
Attar Bangle Store – 2.4 km
Inorbit Mall – 2.7 km
Fbb Fashion At Big Bazaar – 3 km
 Registration Information:
“Ajanta Forest Edge- Voyage ” is RERA registered project with registration P52100021807. The project is Vastu complaint.
Bank loan Basic Details
Project Ajanta Forest Edge- Voyage is approved from SBI Bank, HDFC Bank , ICICI BANK . The project is under construction/ Ready-To-Move with possession date offered in Jun, 2025
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nimbleland · 4 years
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YOO VILLAS , Kharadi , Pune Call +918888918229 Typology : 4.5 BHK | 5.5 BHK | Build To Suit Area : 5209 Sq ft - 14574 Sq ft Price : 11 Cr to 32 Cr + Taxes Possession : Ready Possession FIRST KELLY HOPPEN PROJECT IN INDIA Wagholi, Pune Raised to reinvent unique experiences, and foster quintessential living at a scenic riverside location, YOO Villas is designed for those with a taste for exquisite lifestyles. Styled by internationally renowned designer Kelly Hoppen for YOO, Villas here are built to coexist in harmony with nature. Offering breathtaking interior style options - Sea Breeze and Vintage, state-of-the-art YOO Villas is conceived with every modern comfort and flawless luxury.    Development Size : 1,908,000 sq. ft. or 177,259 sq. m. 45 Villas (Villa Type V2 - Nos. 285 to 290) and (Villa Type V3 - Nos. 109 to 117 & 122 to 151) have been completed before 1st May, 2017.   Highlights  A five-star gated development offering the best in designer living  Expansive clubhouse `The Panchshil Club` with state-of-the-art amenities, facilities and services  Exclusive signature double-height villas created with the fusion of eastern and western sensibilities  `The Central Park` with landscaped gardens, lush parkland, streams, water features, play areas and relaxing quiet spaces https://www.nimbleland.co.in/project_detail/830/panchshil_yoovillas_luxury_villas (at EON IT Park - Kharadi) https://www.instagram.com/p/CHRu9yopNAj/?igshid=fpmdl60v18m
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goelgangaseo · 4 years
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Here’s a project that ensures that you are going to ‘Keep Smiling’! 1 & 2 BHK Homes ( MahaRera Nos. : P52100000412 ), situated on the main Kharadi Road. Superb connectivity, excellent lifestyle, in a location that is poised for growth, Ganga Arcadia, a RERA registered Project is a wise buyer’s first choice, providing residential projects in Kharadi, Pune.
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Expand Your Business with New Commercial Shops in Undri at Ganga Fernhill
These days the trend of residential and commercial spaces in a particular complex is increasing in every big city. This concept has improved the state of living and business prospects. Undoubtedly, it is proving beneficial for small businesses in the retail sector in the Tier-II cities. In this segment, Ganga Fernhill is highly equipped and ready possession shops in Undri.
The main purpose behind initiating this project is to attract more people to buy commercial property and commence a prosperous move. It has all the possibilities to satisfy the 'Zindagi' elements in ordinary life. The ongoing project ensures the availability of 1, 1.5 and 2 bhk luxury flats with the high street shopping experience, imperative location, dedicated commercial spaces for growing business, and ease of approachability to all the essentials.
In the name of amenities, the builders have ensured 24/7 water supply, fire fighting system, car parking, vitrified flooring, generator backup, escalators, CCTV cameras, and much more. These perks are inclined to add an extravagant and comprehensive living experience in a decent budget. As the city is accepting the arrival of robust social infrastructure including hospitals, schools, malls, convenience stores, restaurants, cafes, etc. The reputed builders in the area are renovating the panorama of property demands as per the current market demands at a good speed.
The area of Undri is eleven kilometers away from the central Pune. Moreover, it is ideally located near Laxmi Nagar, Nibm Road, Wanawari, MG Road, and Nyati County. These areas are already accepted as prominent localities in the South Pune. Large numbers of IT parks like Magarpatta and SP Info City in proximity are readily creating demand for commercial spaces. The grand residential venture named Goel Ganga Developments is providing new commercial shops in Undri, at Ganga Fernhill to accomplish the needs of the prospective buyers looking to purchase a conventional and well-built shop in the middle of a residential society.  
This ongoing project is getting huge response from the new home seekers and business houses for establishing new outlets in the prime location of Undri. Its unique combination aligns with nature and meticulous engineering to serve the public affirmatively.   
The ready to possession shops in Undri is a big opportunity for the investors, small shop keepers, start-ups and others. The availability of commercial and residential spaces at one place is considered as a good investment option in developing areas like Undri, Dhanori, Wagholi, Kharadi, etc. in today’s time. The experts say that Pune's retail market is unfolding and it has to travel a long journey as the demand is expanding day-by-day. This particular field is getting considerable attention from the investors. While in the malls, the number of available shops is less and the demand is high and the rentals are also high. But in projects like Ganga Fernhill, the chances of gaining more business and enhanced traditional shopping is expected to receive huge footfall. All in all, these well-structured commercial spaces are envisioned to meet the growing demands of synchronous businesses in Pune's lifestyle.
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The Reason Why Everyone Love Gera Song Of Joy Price
Want some recommendation on this mission, i liked the concept and the challenge nevertheless need ideas when it comes to the locality, water/electrical energy issues, builder and costing. It is positioned inside close proximity of the hinjewadi it hub and other commercially developed areas like viman nagar, mundhwa, ranjangaon, nagar street, sholapur street, wagholi, hadapsar, kalyani nagar and koregaon it hub of kharadi is positioned on kharadi highway that runs parallel to wadgaon sheri. The flats in gera track of joy are strategically constructed maintaining in thoughts the very best of structure both from inside as well as outside. Gagan avencia in kharadi simply suited our funds and we had been had been impressed by the open home and amenities. If you are planning to buy a home in pune then this is a good time to take action as the costs are solely going to go larger from right here on end. The initiatives by gera growth are only one who gives five years of assure and reaffirms buyer religion and satisfaction degree.
If you're searching for 2 bhk flats kharadi then is the best platform that may assist you make the right alternative by supplying you with viable choices from reliable sources. Gera - track of pleasure at kharadi takes a number of large steps in direction of making parenting even more pleasant and growing up even more fun through outstanding celeb tie ups. Positioned at kharadi, one in all many quickly thriving suburbs of pune, gera track of pleasure could be a nice residential enterprise. Properly-linked to pune international airport, pune railway station, mg avenue, race course and koregaon park. Gera tune of joy is currently a mid stage project and is offered at approximate worth of 7550 per sq. Ft. Onwards. Gera Song Of Joy Price india's first childcentric properties at gera's music of joy.
The gera group established coaching heart proper at your step, now you probably can grow to be a part of your child's progress. Song of joy is a remarkably luxurious and splendid structure that is designed by gera developments maintaining in minds the necessities and preferences of widespread individuals. The location: the music of joy venture is located in kharadi, pune , which is seven kilometers from the hadaspar railway station. Gera tune of pleasure is the kind of challenge that may naturally entice the flowery of the buyers track of joy location as a result of greater than providing an home it gives an answer to the sensible issues of younger urban homebuyers. Song Of Joy Location to nagar road which is an entry for airport, malls such as phoenix and inorbit and pune city.
Gera keshav nagar is superbly sprawled on a 1.ninety five acres of land with ready-to-use infrastructure, umpteen facilities, and luxurious green landscapes in the midst of a flourishing real property hotbed, is simply the precise investment decision for any residence buyer. I principally thought the identical, however it seems that the price that you just see 57.seventy seven lacs is to lure you for website visit where they will offer you keshavnagar mission for that price, primarily a clickbait. Unfurnished 1 bhk flat for sale in kharadi priced at 48 lac and is positioned close to kharadi. Unfurnished 1 bhk flat for resale in kharadi priced at forty one.5 lac and is positioned near close to bishnoi mandir. Gera developments is a dedicated finish-to-finish service organization with in-home architects, engineers and development crew. Based on technological Song Of Joy Rate advances and smart living solutions, these homes are an entire ultra-luxe housing choice situated amidst the kharadi it park.
Positioned in a strategic area right on golf course extension road with 500 sq. Ft. It is a lifetime alternative bounded by posh residential neighborhood for an assured high variety of daily visitors; aipl pleasure road offers a perfect commerce atmosphere. The enjoyment of skating and watching the world zoom by is one thing that should be skilled commonly. Song Of Joy Amenities is the right address on your precious family where you possibly can present your kids with a memorable childhood that is stuffed with opportunities and values that they are going to cherish for life. Gera's music of joy is a residential mission current by the gera developments, located at kharadi, pune.
He mentions how it was almost a communist song in soviet russia; how it was used to mark big public events in nazi germany (including hitler's birthday in 1937 and 1942); the way it was one of many few items of music that did not get banned throughout the cultural revolution in china. Gera Song Of Joy Possession Date has a real estate footprint spanning across pune, goa and bangalore, with over 50 projects and close to 4 million of improvement. Kolte patil xenia remains an option although its nonetheless in the launch stage (gross sales folk advised me they've 1 accessible unit), gera music of joy is another choice for 84l arnd a thousand+ sq ft poss dec sixteen. Unfurnished 2 bed room flat for sale in kharadi priced at sixty 5 lac and situated at ground ground out of entire 1 flooring. The township has notably adhered to the norms set by the dcr of pune city.
  Tags: Gera Song Of Joy,Song Of Joy Kharadi Pune,Gera Song Of Joy Kharadi
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corazonhomespune · 5 years
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chetanppc · 5 years
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VTP Realty -Pegasus New Kharadi- VTP-Pegasus is part of approx a hundred acres township to be evolved close to EON IT Park in Kharadi New. VTP Pegasus Kharadi Pune, will be constructed cluster wise with two cluster to be launched as of now namely VTP Cygnus of 6 acreshttps://corazonhomes.com/property/vtp-pegasus-kharadi/
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cpbopstech19 · 5 years
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http://corazonhomes.com/property/vtp-pegasus-kharadi/
Find 1BHK,2BHK,3BHK Apartments and Commercial Shops in Hinjewadi,Wakad,Bavdhan,Baner,Hinjewadi,Kharadi ,Wagholi areas on Corazon Homes. Luxurious Spacious Ready to Move Houses and Under Construction Flats for Sale in your Budget at PCMC and  Pune area.
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Buy & Invest in 3.5BHK Trendy, 3.5BHK Comfort, 4.5 BHK Luxury Residential Apartments, Penthouses, podium villas in Wagholi, near EON Free Zone Kharadi Pune | Panchshil Towers by Panchshil Realty
Panchshil Towers
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WHERE TECHNOLOGY MEETS LUXURY
Wagholi, Pune
Spread over 14 acres, Panchshil Towers comprises 9 contemporary towers with world-class amenities including an expansive clubhouse and a pool. The residences offer stunning views of Pune’s urbanscape, while almost 60% of the open area is beautifully landscaped. Innovative use of construction technology, participation of leading technology partners and a contemporary glass and ACP façade makes Panchshil Towers a true landmark of luxury living in Pune.
Development Size : 3,300,000 sq. ft. or 306,580 sq. m.
RERA No. P52100002528
This project has been registered via MahaRERA registration number P52100002528, and the details are available on the website https://maharera.mahaonline.gov.in/ under registered projects.
Project financed by Standard Chartered Bank.
 Gold PROPERTY
 Under Construction
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Highlights
                                    Exterior viewing decks in every apartment                                
                                    Usage of Global technologies like 'Dry Construction Technique' & pre-fabricated bathrooms - 'TheBathPods', fitted directly into the apartments                                
                                    Located in close proximity to EON Free Zone and World Trade Centre Pune. It lies within an easy driving distance of the upmarket locales of Kalyani Nagar and Koregaon Park.
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useforseo · 7 years
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Pune’s Wagholi – From industrial area to hot residential destination
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Prashant Thakur, Head – Research, ANAROCK Property Consultants
Once a small village located on the eastern periphery of Pune and defined by industrial developments, Wagholi has now transformed into a sought-after residential destination. The housing boom in Wagholi kicked off primarily on account of vast availability of land parcels at affordable prices, low registration costs and easy legal procedures, as it falls under a Gram Panchayat area. Wagholi and its nearby areas have also witnessed a rapid growth of IT parks and other commercial centers.
Over a decade ago, Wagholi was seen as little more than an extension of the city. However, it has interesting historical antecedents – Wagholi was the center of the ruling chiefs of Chhatrapati Shivaji, and its very ancient Wagheshar (lord of tigers) temple is a popular tourist attraction.
Located on the Pune-Nagar highway, Wagholi has been under transformation since 2007. The region began developing primarily due to the saturation of core areas in Pune. In addition, the advent of the IT-ITeS industry in the eastern parts of the city drove up real estate activity here. The major growth drivers that contributed to the development of Wagholi include the presence of affordable projects, proximity to the IT hub of Kharadi, and excellent connectivity to Pune Airport as well as other parts of the city.
Once bereft of organized real estate developments and support infrastructure, it is now well-supplied with good social and civic amenities and a booming real estate market. Wagholi is a prime example of successful residential-cum-commercial destination in Pune.
It is well-connected by various modes of transport: Nagar Road: Stretching from Bund Garden to Wagholi, the six-laned 15 km-long Nagar Road provides easy access to various prominent IT-driven areas such as Viman Nagar, Kalyani Nagar, and Kharadi. Nagar Road further connects to Kharadi Bypass Road and Pune-Solapur Highway.
Rail: The closest railway station to Wagholi is Pune, which is at a distance of 14 km.
Air: It has direct connectivity to Pune Airport, located 11 km away, via the Lohegaon-Wagholi road.
The supply of new residential launches in Wagholi was around 22,000 units between 2013 and Q3 2017. More than 80% of the units were launched during the period 2013-15, after which launches declined significantly. More than 5,000 units priced less than INR 40 lakh were launched between 2015 and Q3 2017; as a result, the micro market is well known for its affordable housing developments.
Due to the slowdown on account of DeMo, RERA and GST, overall real estate activity has dimmed in the past two years and as a result, around 7,900 units are yet to be sold. Approximately half of the inventory is expected to be ready for possession within less than one year, and an additional 35% are ready-to-move-in. With the availability of a large number of ready-to-move-in and nearly complete housing projects, buyers and investors looking at Wagholi are surely spoilt for choice.
The average residential real estate prices in Wagholi appreciated by around 5% during the last three years, rising from INR 4,000/sf in Q1 2015 to INR 4,300/sf in Q4 2016. As the recent structural reforms and policy changes severely impacted the real estate sector, average prices declined to INR 4,200/sf in Q3 2017.
The future of Wagholi is certainly promising, given the large-scale real estate and infrastructural developments happening here. The proposed Ring Road project (connecting Pune and PCMC areas) falls in this region and will be a major growth driver for housing demand. Ongoing and upcoming infrastructure developments acting as pull factors for Wagholi include:
1.The Mumbai-Bengaluru Infrastructure Corridor 2.The road connecting Wagholi to Eon IT Park through Nagar Road 3.A flyover connecting Wagholi to Shikrapur.
In addition, this micro-market is likely to be included in the Pune Municipal Corporation limits in the next few months, so Warhol's real estate market is all set to grow even more rapidly going forward.
Source: RealtyMyths
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