Property rates & trends in Kharadi, Pune

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Kharadi has transformed from a small village to a modern locality in Pune primarily due setting up of EON Free Zone, which is home to numerous IT companies. Proximity to airport, excellent road & rail connectivity and presence of good social infrastructure has led to a number of corporates setting up their offices at Kharadi. As a result, there exists massive demand for houses in this locality.

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Summary

• Key IT hub of Pune with presence of EON Free Zone
• Proximity & excellent connectivity to Pune airport
• Massive residential demand as it is a key hub for major IT companies

Key Growth Drivers

• Kharadi has transformed from a small village to a modern locality in Pune primarily due setting up of EON Free Zone, which is home to numerous IT companies
• Kharadi has good rail & road connectivity with major roads (such as SH 2, Pune Nagar Road, Mundhwa Kharadi road, etc.) passing through the locality and Hadapsar railway station located 5 km away from the locality
• With the planned Pune Metro rail to be operational by 2019, connectivity will further improve
• Excellent connectivity to Pune airport (~ 15 min) via the Pune Nagar Road, has worked in favour of Kharadi growing as a key real estate destination
• Hinjewadi, another IT hub of Pune, is at a driving distance of about 50 min from Kharadi
• Magarpatta City, a large township of commercial and residential developments, is 10 min from Kharadi
• Significant rental housing demand due to large scale migrant population employed in IT companies in Kharadi
• Possesses good social infrastructure with presence of:
  • Educational institutes such as Rosary School, Serra International pre-school, Stella Maris High School, Christ College, Deccan College, Dhole Patil College of Engineering, etc.
  • Hotels such as Hotel Novotel, The O Hotel, The Central Park Hotel, The Westin, etc.
  • Malls such as Inorbit Mall, Ishanya Mall, SGS Mall, etc.
  • Hospitals such as Sahyadri Hospital, Columbia Asia Hospital, Inamdar Multi-speciality Hospital, etc.

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Source: https://ecis2016.org/.
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Source: https://ecis2016.org
Category: Lifestyle