Investing in residential property has been a very lucrative option since decades. People choose to invest their hard-earned money into a property that they choose to live in or get profitable income by renting it.
Pune is a goldmine for real estate investors from around India for a plethora of reasons and one of the major ones is the vastly developed IT hubs in and around.
Today, Pune is a home for 12 stunning IT Parks and SEZs spread across the towns and parts of the city namely:
- Kalyani Nagar
- Viman Nagar
- Senapati Bapat Road
Hinjawadi, rightly tops the list as it is the biggest and the most stunning IT hub in Pune. Connecting to major cities in India through National Highway – 4, Hinjawadi has lately become an emerging destination for the real estate market.
But is it worth the hype?
Nobody fancies being stuck in tedious traffic, on bad roads, going and returning from work.
Today, you will find IT hubs at the core of most residential properties because gradually, every real estate developer in Pune is moving towards these locations providing an ultimate residential solution to the people working here.
A home near the workplace is a major factor to balance work and life. You will find yourself more with your family when you have a home near your office. Indulge in the activities you love and explore more of yourself at your home.
Previously, these IT hubs were parts of Pune’s outskirts. With the migration boom happening in Pune, which in turn can be attributed to growing opportunities in the IT sector, today, these IT hubs have become the epicenter of economic growth.
And hence rightfully are now connected with best quality roads to other parts of the city.Many public and private transport options are now available to help enhance the connectivity. Also, with the upcoming Pune Metro project by the Government of Maharashtra, the local, in-city connectivity is bound to grow.
But that’s not all, the ambitious Pune-Mumbai Hyperloop project will re-define intercity travelling, keeping in mind these locations.
Convenience at the doorstep
These residential projects near IT hubs are stocked with essential amenities like hospitals, educational institutes, local and super markets, gymnasiums, boutiques, and entertainment options. Hinjawadi itself boasts of major hospitals, schools and health and grooming services in the area. Phase 3 is one such developed area that has emerged as a separate residential ecosystem with all basic and luxury amenities available in the vicinity.
Upcoming social infrastructure
A major locational advantage is the multitude of social and recreational options that a house near an IT hub offers. Looking at the demographics of the working and residing population in such areas, most of them being youngsters, who enjoy and take pride in their social lives, a vast range of entertainment facilities like theatres, malls, pubs, fluid lounges, multi-cuisine fine-dining restaurants are now available.
Considering all the above points, these properties will always be in high demand. You will always get a better resale value when you decide to move out, but, your resale value will depend on the quality & rarity of the apartment. So choose a project that offers world-class quality, elegant design and will always be in short supply.