[ecis2016.org] Katraj is a residential suburb located in the city of Pune in Maharashtra. The locality is mostly noted for tourism and houses a number of locations, which witness tourists flooding in almost every day
Katraj is a suburban locality of Pune located in Maharashtra. It falls under the jurisdiction of the city’s municipal corporation. The locality is bordered by Ambegaon and Kondhwa at its south. The locality of Katraj is divided into the Old Tunnel and the New Tunnel. The Old Tunnel has its location on the Katraj Ghat while the New Tunnel is located on the National Highway 4. The Old Tunnel is used by MSRTC buses and other vehicles for travelling from Swargate to South Maharashtra. The New Tunnel is a three-lane tunnel which is 1,338 meters in length.
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The locality of Katraj is located in proximity to the developed areas of Ambegaon Budruk, Bibwewadi, Gultekdi, Kondhwa, Parvati Darshan and Vadgaon Budruk. The landmarks of the locality include Rajiv Gandhi Zoological Park and a lake. The lake is strewn over a total area of 17 hectares (42 acres) and is bordered by the Snake Park on three sides.
The locality is well-connected to various developed areas and a number of hotels, schools, banks and hospitals via an excellent network of railways and roadways. The locality is witnessing an increase in population in recent years, owing to its proximity to various employment hubs.
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Connectivity with nearby Katraj localities
- It is located on the Pune Link Road which makes access to Pune and Mumbai easy. Also, with Satara and Bengaluru to its south, it makes them easily accessible from Katraj.
- The locality enjoys unimpeded connectivity to the different parts of Pune city through the Mumbai-Pune Bypass Road.
- The Pune Municipal Transport (PMT) serves the locality and connects it to areas of Santosh Nagar, Dar Nagar and Yewalewadi.
- The railway station is situated at a distance of 12 kilometres.
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Employment hubs near Katraj
- Hinjewadi IT hub (9 kilometres).
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Katraj provides its residents with all kinds of social amenities to live a happy and peaceful life. They include various schools like BVP Secondary School, KBP Vidya Mandir, Shri Chakradhar Vidya Mandir, Jayawant Shikshan Prasarak Mandal, Bharati Vidyapeeth Deemed University, College of Ayurved and Bharati Vidyapeeth Dental College. The major health institutions in and around the locality include Chandra Hospital, AI Sneh Multispeciality Hospital & Diagnostic Centre and Danattare Hospital. Apart from these, it also provides the luxury of enjoying recreational amenities and proximity to various banks and ATMs.
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Price trends in Katraj
- Price appreciation – Around 13.9% in last 6 months.
- Current property rates- Rs 3,500 – Rs 5,200 per sq ft.
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Reasons to invest in Katraj
Considering the price trends and the rising demand, Katraj will definitely prove to be a good place for investment. The appreciation of property prices is a promising attribute, as well. With the setting up of more and more IT hubs and other commercial complexes in and around, the locality will soon be more developed and populated than it already is.
Big-ticket projects like Kalash Realities Vastushree, Pratik Construction Praga Serene, ACME Landmark Azalea and Arun Sheth Anika Mangalam are present here, which make Katraj a liveable and coveted residential neighbourhood. So, investing in Katraj today will have its yield in the future.
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Category: Lifestyle
