subject: Punes Upcoming Residential Locality Bavdhan [print this page] Bavdhan, nestled amidst 3 hills on its south, east and west and also the scenic Pashan Lake within the north, has seen gradual growth within the sort of planned development. It's strategically located on NDA Road, the centre of Aundh and Kothrud - each well-developed suburbs free from illegal development and encroachment. The area is well accessible from Mumbai likewise the most town. Hinjewadi IT Park is at intervals prepared commuting distance from Bavdhan, being simply twenty minutes away via the highway.
Speaking regarding the development of this space, nearly a decade back, Bavdhan was like several different extended suburb having fragmented development while not correct grocery retailers, no roads, electricity etc. However, due to its location, the demand for residential property in Pune increased in Bavdhan and established players started developing housing projects with modern-day needs and amenities meeting the client desires. The trend continued and Bavdhan nowadays has become a lot of acceptable and established destinations currently. The Commonwealth Youth Games, that passed off in 2008, additionally largely contributed towards the modified appearance of the catchment and got many new infrastructural developments like street lights, wide roads, regular bus services, cleaning of surroundings, civic amenities etc.
Earlier, this locality was viewed as choice for second or weekend homes. Now, however, regular residential projects are cropping up on the Bavdhan property. The steady development has ensured a well-structured layout and Bavdhan planned growth and natural atmosphere have created it extraordinarily engaging as a residential destination. Still insulated from the traffic and development congestion that plague alternative components of the town, Bavdhan is currently venue to residential property in Pune, that are spearheading the new wave of residential developments.
The demand for this location is attributed to the favourable residential property rates prevalent here, that are comparatively not up to those in several upcoming areas on the western aspect of Pune. Ongoing infrastructure initiatives and glorious connectivity build it an appropriate destination for investors to invest their hard earnings in residential property in Pune, Bavdhan. Also, connectivity to the Mumbai Pune expressway is another advantage.
Bavdhan permits you to have an good house at an inexpensive rate of Rs. 4,800-5 ,500 per sq. ft. Speaking concerning the modification within the housing rates within the past few years. Seven to eight years back, the average for the Bavdhan catchment was around Rs 1700 per sq. ft. range. However by 2007, the average was fluttering between Rs 2500-2800 per sq. ft. and by mid of 2008 costs moved up and now are stabilised around Rs 4000 per sq. ft. The value trajectory appears to be rational with regard to the general market sentiments and expectation and therefore the catchment averages around Rs 5200 per sq. ft. With not abundant of supply coming back within the vicinity of this space and also the rates of the property in Pune, Bavdhan would solely appreciate with times to return.
Bavdhan has seen buyers for its residential property from not solely numerous elements of the town, however additionally from Mumbai. Over the last 3 years the area has developed tremendously that has resulted in a very huge buying for spree from Mumbai vacation home seekers and additionally from the IT professionals operating within the Hinjewadi IT parks. Also, extended families from Kothrud request their dream homes during this space because it offers a home with trendy amenities at an inexpensive worth.
To become a sought-after residential space, facilities like instructional establishments and entertainment are a requirement and Bavdhan does not fail to deliver. Except the Pune University, reputed colleges like Bavdhan Primary English Medium School, Periwinkle English Medium college and Vasantdada Patil Institute of Technology are located within the area. And Aditya Shagun Mall, that is seen in concert of the largest malls in Pune (W), looks after the amusement scene of this area. In all, Bavdhan has grown to be one of the foremost popular residential areas in western Pune due to its good location and steady development.
