Property rates & trends in Pimple Saudagar, Pune

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Pimple Saudagar has transformed from a small village to a sought after locality in Pune, primarily due to its proximity to Hinjewadi – home to numerous IT companies. Excellent road & rail connectivity has worked in favour of Pimple Saudagar’s development as a key real estate hub. With the proposed BRTS and metro rail connectivity, and presence of good social infrastructure, Pimple Saudagar is likely to further evolve as a preferred residential destination.

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Summary

• Proximity to Hinjewadi (~ 20 min)
• Excellent road & rail connectivity to other parts of the city
• Massive residential demand due to its closeness to major IT companies

Key Growth Drivers

• Pimple Saudagar has transformed from a small village to a sought after locality in Pune, primarily due to its proximity to Hinjewadi – home to numerous IT companies
• Pimple Saudagar has good road & rail connectivity with major roads (such as Nashik Phata Road linking Kasarvadi, Wakad and Hinjewadi with Pimple Saudagar) connecting the locality and Kasarvadi railway station being located 6 km away
• With the proposed Bus Rapid Transit System (BRTS) and metro rail connectivity to nearby areas, connectivity will improve further
• Excellent connectivity to Pune airport (~ 40 min) has also worked in favour of Pimple Saudagar’s growth as a key real estate destination
• Magarpatta City, a large township of commercial and residential developments, is around 40 min from Pimple Saudagar
• Significant rental housing demand due to large scale migrant population employed in IT companies in Hinjewadi
• Possesses good social infrastructure with presence of:
  • Educational institutes such as SNBP International School, Mar Ivanios Convent School, Mount Carmel Public School, Jai Hind Junior College, etc.
  • Hotels such as Hotel Ranjanas, Bizz Tamanna Hotel, etc.
  • Malls such as Spot 18, Atria, Centriole, etc.
  • Hospitals such as Apex Hospital, Aditya Birla Memorial Hospital, etc.

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