Broker's Corner: Reasons Why You Can't Ignore Kharadi And Wakad
Are you getting enquiries for ready-to-move-in properties at affordable prices in Pune? If yes, Wakad and Kharadi are the ones that you should not ignore. These two locations have plenty of projects to offer and have emerged as homebuyers’ preferred destinations. Here’s why.
Kharadi, a suburb situated on the banks of Mula-Mutha river, is among the most well-connected areas in Pune. It is located near Pune-Ahmedabad State Highway, that is, MH SH27, which is intersected by a bypass road that merges into Pune-Solapur National Highway.
There is no issue of public transportation and you can observe a regular movement of buses. Auto rickshaws are easily available even at odd hours.
It is due to its sound connectivity with commercial hubs, a large number of professionals including those working in IT and automotive industries have already made it their home. Kharadi, in itself, houses EON SEZ and other small-scale IT parks. Professionals working in these parks can easily commute to Kharadi.
Kalyani Nagar, the nearby location, also houses several corporate parks. Moreover, Kharadi is well-connected to CBD areas including Koregaon Park, Bund Garden Road, Samrat Ashok Road and Dhole Patil Road.
The Pune airport is merely 10 kilometers away, that means, one can reach airport within 30-45 minutes.
On top of that, property prices in Kharadi are well within the range which your clients can afford. Depending upon the type of project and the facilities, one can expect a 2BHK apartment in the range of Rs 35-80 lakh.
At Makaan, we have more than 4,200 ready-to-move-in residential properties available in Kharadi.
Wakad is yet another self-sustainable housing destination your clients would not like to miss. It is located in proximity to Pune-Mumbai Expressway, which is perhaps the most strategic infrastructure project for Pune’s economy and business.
One can easily reach out other localities such as Aundh, Baner, Pasha and Balewadi in 20-30 minutes. If your client is working in Pimpri-Chinchwad Industrial Area, Wakad will fit the bill. The industrial zone is located merely 3 kilometers away from this place. Wow!
Apartment prices in Wakad are similar to that in Kharadi. As a matter of fact, these two locations offer a wide range of residential properties. Projects which are offering world-class amenities like club house, swimming pool, gymnasium, entertainment zones, etc. are priced higher than the other projects. So, a 2BHK apartment of 700-1,200 sq ft will be available in a range of Rs 30-85 lakh, and it is up to your clients what type of facilities they are looking at.
With rise in density of population, Kharadi and Wakad score high on livability index, with a decent state of social infrastructure encompassing educational institutes, hospitals, shopping complexes, gymnasiums and entertainment centers.
Pune real estate market has always been fundamentally strong. Most of the developers are registered with Confederation of Real Estate Developers' Associations of India (CREDAI), and with the implementation of Real Estate Act, the market will gain more confidence from buyers and investors like.