subject: Strategic Location Makes Kharadi An Ideal Investment Destination [print this page] Among all developing suburbs today, Kharadi has been a front runner in terms of infrastructure development, returns on investment, and a cosmopolitan set up. Some of the largest builders in Pune are conspicuous by their presence here. In fact, the growth of Kharadi has had a cascading effect on the development of other regions in the vicinity such as Mundhwa, Wagholi etc.
So what works in Kharadis favor?
The development of Kharadi can mainly be attributed to its proximity to Kalyani Nagar and Koregaon Park. Almost 70% of development in Kharadi is by means of residential property. This has naturally fuelled the growth of lifestyle conveniences such as supermarkets, medical facilities, recreational facilities, and so on. This growth is reflected in the fact that some of the most pioneering Pune flats for sale are coming up in Kharadi.
How IT is driving growth in Kharadi
Kharadi had major IT firms such as Zensar to begin with. But in the last 5-7 years, more corporates and IT firms have chosen Kharadi over other locations to set up their offices. For instance, the EON Free Zone, a special economic zone is home to several IT and ITeS firms. Companies such as Synechron, MphasiS, etc have chosen Kharadias it has sound infrastructure and a large talent pool of skilled professionals. In addition to this, there are several other firms that are in the process of relocating to Kharadi. After Hinjewadi, the Kharadi-Mundhwa-Hadapsar belt has the highest concentration of IT companies in Pune.
Its not just players from the IT sector; there are several investment firms and telecommunication companies that have a prominent footprint here. Thus, builders in Pune have taken cognizance of all these factors to create ample living spaces in Kharadi. Today, there is no dearth of options in Kharadi when it comes to Pune flats for sale.
Proximity to important locations
Koregaon Park and Kalyani Nagartwo of the most happening locations in Pune real estateare just next door to Kharadi. The best part about living here is that the Pune airport, Pune railway station, Nagar Road, and Pune-Solapur highway are all a short drive from this location. Kharadis proximity to various important establishments has immensely appealed to home investors as it helps them save a lot of time and money spent on commuting. If you want to reach Viman Nagar, you just have to drive across Nagar road! This is indeed one of the best choices you can make when buying real estate in Pune.
Other important factors to consider
Kharadi is considered to be a safe locality to live in. There are no major slum pockets in this region, making way for well-distributed growth around this suburb. Besides, this suburb boasts of a cosmopolitan culture as people from various parts of India (and even the world) live here. IT professionals and entrepreneurs make up a majority of the residents of Kharadi. Just like Kalyani Nagar, Kharadi enjoys planned development.
Considering all of these factors, it is natural for builders in Pune to have made a beeline for announcing new projects in Kharadi. As a cascading effect, the prices of homes in Kharadi have seen a slightly upward graph.
