Shikrapur Property Market : An Overview

[ecis2016.org] Shikrapur is a populated neighbourhood of Pune, in Maharashtra.

Shikrapur is one of the fastest growing urban territories of India. It has witnessed significant increase

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in civil development owing to its proximity to a number of IT companies and manufacturing

industries. It is located 38 kilometres north-east of Pune. Shikrapur enjoys proximity to the

renowned towns of – Sanaswadi, Talegaon Dabhade, Ranjangaon and Lonikand.

Tourist attractions of Shikrapur include – Royal Connaught Boat Club, Aga Khan Palace, Country Club,

Country Club, Pataleshwar Caves,Diamond Water Park and Bund Garden.

Connectivity with near Shikrapur localities:

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.

 This locality is served by the State Highway 27

 The nearest railway station is the Uruli Kanchan Railway Station and the Loni railway

Stations which are located at distances of 41.9 and 35.7 kilometres, respectively, from the

locality.

 The nearest airports include – the Pune International Airport which is situated at a distance

of 31.7 kilometres from the locality.

 The locality is also served by the Mahanagar Parivahan Mahamandal Ltd. and private bus

networks.

Employment hubs near Shikrapur :

The locality is witnessing an increase in the population in the recent years owing to its proximity to a

number of offices, IT hubs and commercial complexes namely –

 Manufacturing hub of Chakan (20 minute drive from the locality)

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 Trinity Auto Components Pvt. Ltd.

 IT hub of Kharadi (20 minute drive from the locality)

Schools in Shikrapur and social amenities :

Shikrapur provides its residents with all kinds of social amenities to live a happy and peaceful life.

They include various schools and hospitals.

 Z.P School Shikarpur

 High School Kasari

 Microtec Institute of Technology

 C. S. Bhujbal Global School

 Ajinkyatara English Medium School

 Kasturi Education Sanstha's Arts & Commerce College and many more enjoy being the best

educational institutions of Shikrapur.

Of the social amenities provided by Shikrapur the major health institution dominating the locality

includes –

 Ankur Hospital

 Jijamata Hospital

 Surya Hospital.

 Shri Sai Children’s Hospital

 Siddhivinayak Hospital Chakan

Apart from these it also provides the luxury of enjoying recreational amenities and proximity to

various banks and ATMs, including –

 IndusInd Bank

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 ICICI Bank

 Axis Bank

 Central Bank

 Corporation Bank

Shikrapur also provides its residents with a number of recreational amenities, of which the popular

shopping arcades include –

 Inorbit Mall

 Shantai Complex

 Laxmi Complex

Physical Infrastructure in Shikrapur :

A Ring Road which is a four-lane flyover linking Shikrapur to Wagholi has been proposed.

Price Trends in Shikrapur:

 Price Appreciation in Shikrapur – around 55.3% in last 6 months

 Present Current property rates in Shikrapur : INR 4,274 – INR 4,300 per sq ft

Reasons to invest in Shikrapur:

Shikrapur has grown up to emerge as a very convenient neighbourhood considering the easy living

conditions and many job opportunities that it provides its residents with. The rise in property pricing

and demand make investing in Shikrapur a lucrative attempt. Shikrapur emerge as a preferred

working as well as a residential destination of Pune.

Projects like Vishal Constructions Vishwa, Triaa Prince Town, Nanda Raj Construction Harmony and

Jakate Entrepreneurs Lilium situated in and around the locality are among the best projects to invest

in Shikrapur.

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Category: Lifestyle