Submitted by: Shruthi Naidu
One of the most aspects of Pune is that in addition to providing all employees a close catch of quality residential facilities and catchments in bustling vicinities, you have areas that are well connected to the rest of the lot. One such place is Wagholi, which offers great social infrastructure like schools, retail clusters or chains and hospitals. These are micro-markets, which are the primary tools behind Pune s real estate fairytale. For those who have recently visited this part, you will find a rapid transformation of its varied developments and market standards or specimens.
The main ingredients-a market study
Factors like location, cost appreciation, flexibility, and civic amenities play the determining role in this regard. Wagholi is a great destination for property investment. This does cater to an exclusive cluster of realtors. You also have end users who look for affordable properties with every modern amenity. The place is at a stone s throw distance from the Nagar road highway. The infrastructure in this particular belt is developing extremely fast and the roads and pathways are widening like never before. This is bound to make commuting and connectivity more convenient in the coming years. The area is very near to Viman nagar and Kharadi, which are presently having some of the best developed prominent, high-end projects in the city.
The project bid
Lucrative and fascinating projects play a pivotal role in defining and determining the real estate landscape of an area. You have multi-channel utility projects like the World Trade Centre (WTC), EON IT park and Trump towers. Pun s airport is situated in this area, which also harbors the Inorbit and Phoenix Shopping malls. In addition to top-quality centers, you have other top of the line commercial developments, which generally range between 5-7 kilometers. Considering modern transport and town-planning norms and regulations, these are considered as convenient, standard commuting gaps or distances.
Residential projects
With reference to the residential projects and undertakings in Wagholi, you will find it amazing to know that presently in Pune, this is the only area, which provides real value for money endeavors and real estate projects. Although each project encapsulates state-of-the facilities and amenities like tennis courts, swimming pools, beautiful designs, health clubs and community buildings alongside elevation of residential buildings, you will find that the rates are well within the affordable range of a 1 BHK flat, which is around 20.25 lakhs to start with. The 1.5 BHK ones will start from 35 lakhs and the 2 BHK ones will be 4-45 lakhs. This is the standard scenario in most real estate undertakings in Wagholi. The present per square feet range is Rs 3, 400-Rs, 4000.
Auxiliary features
An additional development, which is significant enough to bolster the real estate drive in Wagholi is the 120 acres of township, which is being developed under the name of Panchsil towers by reputed builders. The minimum rate begins from 3 Crores flats and Rs 10 crores for Villas. The minimum rate per square feet is Rs 6, 500-Rs 7, 500 in this regard.
About the Author: Shruthi Naidu an blogger who focusses on property investment,latest residential projects,price trends,real estate news,etc.For more information on Wagholi projects visit
commonfloor.com/all-apartments-in-wagholi/psr-51b99594b3a60
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Source:
isnare.com
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