Lifestyle

Sadashiv Peth property market: An overview

[ecis2016.org] Sadashiv Peth is a residential locality of Pune in Maharashtra, which is witnessing good demand. It is one of the 17 Peths built by the Marathas and Peths

A well-coveted residential area of Pune, Sadashiv Peth was developed by Nanasaheb Peshwa, as a tribute to the memory of his brother Sadashivrao Peshwa. The locality is located in close proximity to well-developed areas of Pune such as Ashok Nagar, Bhawani Peth, Shivaji Nagar, Camp, Dattavadi, Deccan Gymkhana, Gultekdi, Guruwar Peth, Haveli and Karve Nagar. The locality is situated in the central position of the city. It was built along with 16 other Peths during the 17th-19th century during the Maratha rule. The locality is accessible from a number of places, owing to the presence of many commercial routes, which intersect Sadashiv Peth.

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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 the population in the recent years owing to its proximity to various employment hubs.

Read also : What is ‘holding period’ of a property?

Read also : Ascendas India Trust to acquire two commercial buildings in Hyderabad for Rs 1,350 crores

 

Connectivity with nearby Sadashiv Peth localities

Sadashiv Peth houses the intersection of Tilak Road and Lal Bahadur Shastri Road, which are busy commercial roads of Pune. The locality offers unimpeded access to Nashik via the Pune-Nashik Highway and via the Old Highway. The popular localities of Shivaji Nagar, Model Colony and Gandhi Nagar are accessible from Sadashiv Peth via extensive network of well-maintained roads. The railway stations are located at distances of 3.5 kilometres and 5.9 kilometres, while the Pune International Airport is 49.1 kilometres away from this region.

Read also : What is ‘holding period’ of a property?

Read also : Ascendas India Trust to acquire two commercial buildings in Hyderabad for Rs 1,350 crores

 

Employment hubs near Sadashiv Peth

  • Aim Filtertech Pvt Ltd.
  • Suvarnayog

Read also : What is ‘holding period’ of a property?

Read also : Ascendas India Trust to acquire two commercial buildings in Hyderabad for Rs 1,350 crores

 

Schools in Sadashiv Peth and other social amenities

Sadashiv Peth provides its residents with all kinds of social amenities to live a happy and peaceful life. Various schools in Sadashiv Peth include Maharashtra Mandal School, MS Golwalkar Guruji Vidyalaya, Bhave School, Synergy Institute of Management, Tilak College of Education, Sir Parashurambhau College and many others.

The major hospitals in Sadashiv Peth include Lunawat Hospital, Yogesh Hospital, Omkar Ayurved Clinic and Ayurved Research Centre, Chinmay Hospital and KEM Hospital.  Apart from these it also provides the luxury and recreational amenities and proximity to various banks and ATMs.

Read also : What is ‘holding period’ of a property?

Read also : Ascendas India Trust to acquire two commercial buildings in Hyderabad for Rs 1,350 crores

 

  • Price appreciation – Around 1.3% in last 1 year.
  • Current property rates- Rs 8,143 – Rs 14,706 per sq ft.

Read also : What is ‘holding period’ of a property?

Read also : Ascendas India Trust to acquire two commercial buildings in Hyderabad for Rs 1,350 crores

 

Reasons to invest in Sadashiv Peth

Considering the price trends and the rising demand, Sadashiv Peth will definitely prove to be a good investment. With setting up of more IT hubs and other commercial complexes in and around Sadashiv Peth, will make the locality more developed and populated than it already is.

Big-ticket projects like Pinnacle Group 9 Sadashiv, Paranjape Schemes Pratham, AV Bhat Ashwini Heritage and Surana Bhansali Triverio make Sadashiv Peth a posh and coveted residential neighbourhood.

Check properties in Sadashiv Peth

Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org

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

Debora Berti

Università degli Studi di Firenze, IT

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