Wadgaon Sheri property market: An overview

[ecis2016.org] Wadgaon Sheri is a residential locality situated in the north-eastern part of Pune in Maharashtra. It lies close to Kalyani Nagar and is an important IT hub, since it houses many IT companies

Wadgaon Sheri is a coveted residential destination of Pune in Maharashtra. It is located in close proximity to a number of popular and posh localities of Maharashtra, such as Kharadi, Viman Nagar, Mundhwa and Magarpatta City. Wadgaon Sheri is also an employment destination owing to its proximity to significant companies, which include Mlogica Computech India Private Limited, Mindcrest India Private Limited and the E Space IT Park. It is both a commercial and a residential hub of Pune.

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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 : Top locations in Bangalore for plots below Rs 50 lakhs

Connectivity with nearby Wadgaon Sheri localities

• It is located off the Mundhwa-Nagar Bypass.
• Major roads connecting Wadgaon Sheri to the main city of Pune are Park Road, Bypass Road, Somnath Raod, Samrat Ashok Road, Main Road, Kalyani Road and New Airport Road.
• The nearest railway station is at a distance of 6.5 kilometres.
• The Pune International Airport is located at a distance of 5 kilometres and is located in Lohegaon.
• PMPML bus services make Wadgaon Sheri accessible from developed areas of Manapa, Hadapsar, Swargate, Pimpri and Kothrud.
• DP Road connecting Wadgaon Sheri to major parts of Pune is planned to be built in the near future.

Read also : Does affordability mean you will have to compromise on what you need while buying a home?

[ecis2016.org] Property rates & trends in Wadgaon Sheri, Pune

Employment hubs near Wadgaon Sheri

• These include Mlogica Computech India Private Limited.
• Mindcrest India Private Limited.
• E Space IT Park.

Read also : Top locations in Bangalore for plots below Rs 50 lakhs

Schools in Wadgaon Sheri and other social amenities

Wadgaon Sheri provides its residents with all kinds of social amenities to live a happy and peaceful life. Schools in Wadgaon Sheri include Anjali High School, Dubey Sainik English Medium School, Stella Maris School and many others.

The major hospitals in Wadgaon Sheri include Anup Hospital, Dr Mathesul Orthopaedic and Paediatric Clinic and Hospital and Kurkute Hospital. It houses a number of luxurious shopping hubs including Inorbit Mall and Phoenix Market City.

Read also : Top locations in Bangalore for plots below Rs 50 lakhs

Price trends in Wadgaon Sheri

• Price appreciation – Around 22.7% in last 4 years.
• Current property rates- Rs 5,029–Rs 7,691per sq ft.

Read also : Top locations in Bangalore for plots below Rs 50 lakhs

Reasons to invest in Wadgaon Sheri

Considering the increasing price trends in Wadgaon Sheri and the obvious rise in demand, this locality will definitely prove to be a good investment. The presence of commercial hubs in and around the locality is making Wadgaon Sheri a coveted working, as well as residential destination of Pune.

Big-ticket projects like Supreme Holdings & Hospitality Ltd, Belmac Residences, Bramhacorp F Residences, SBM Properties Mystique and SBM Properties Myra, make Wadgaon Sheri a rather posh and coveted residential neighbourhood.

Check properties in Wadgaon Sheri

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Category: Lifestyle