Kharadi - The Hotspot in Pune's Real Estate Market

July 04,2020 by Admin PB

For many years, Pune has figured among the top five cities to live in, in India, thanks to its consistently pleasant weather, proximity to Mumbai, cosmopolitan crowd, and top-ranked colleges to choose from. But there is more to Pune than these. In recent years, this sleepy city has been transformed into a hive of activity with the arrival and growth of IT companies and automobile manufacturers.

One such locality in the city that has seen a sea change over the past few years is Kharadi. Once a village, the town now echoes with the sounds of construction as big, flashy buildings rise at a rapid pace. Residential projects and commercial parks vie for space as more and more IT industry professionals flock to the town.

Located along Pune’s eastern corridor, Kharadi was once a remote region, which has now become an IT hub with the presence of IT bigwigs like Zensar, Mphasis, Honeywell, and Reliance, among others. Once the IT crowd started to gravitate to this year, it didn’t take too long for five-star hotels to cash in to match the growth and expansion.

In fact, it is the advent of five-star hotels along with the establishment of the 4 million sq ft large EON, an IT SEZ that has given value to Kharadi’s real estate. Zensar Knowledge Park and the World Trade Center are other prominent business parks in Kharadi. Situated a mere 10 km away from Pune Airport and with prime neighbourhoods like Magarpatta, Hadapsar, Kalyani Nagar, and Koregaon Park, all within its reach, Kharadi has begun to gain recognition for being not just accessible but also for its affordability.

Kharadi’s landscape is now slowly changing with new hospitals, schools, malls, and other amenities being set up. A new road now connects Kharadi to Mundhwa . And there is something soothing about Kharadi with the verdant hills of the Deccan Plateau in the background. The IT hub is now definitely in high demand, particularly among young families. Some of Maharashtra’s tourist hot spots such as Lonavala, Lavasa, and Mulshi are close by as well.

Five reasons to that make Kharadi a great location to invest in.

Excellent returns on investment 
Kharadi is one of Pune’s fastest growing suburbs with excellent investment potential. The locality has steady investor value appreciation with an approximate growth of 12.29 per cent every 6 months.

The best value for your money 
Buying a home in suburbs such as Koregaon Park or Kalyani Nagar is the dream of many. However 2, 3 and 4 BHK flats in these locations are either extravagantly priced or not easily available.
Kharadi offers a great alternative, with more spacious homes that are more competitively priced. In Kharadi, you get a spacious and premium home at a better price tag than any other suburb in its league.

A prime neighbourhood with good connectivity
Kharadi is situated in the midst of some of the city’s most thriving neighbourhoods. Kalyani Nagar, Koregaon Park, Hadapsar & Wanowrie are all within an 8 Km radius of this energetic & modern suburb.

Incredible Social Infrastructure
The social infrastructure in Kharadi deserves a mention. The suburb is just a few kilometres from Amanora Mall & Seasons Mall with a number of restaurants, hotels, parks & sports grounds in the vicinity.

It offers a well-rounded family life
Kharadi offers some of the best schools, colleges and coaching centres in the city. It also has a number of family zones like parks and entertainment centres. Owning a luxury apartment in Kharadi adds a dimension of more possibilities for quality time with family.

For investments in Kharadi, reach out to us for best consultations.