Currently, many residential properties in Kharadi, Pune are being developed. Kharadi is Pune’s newest IT hub. The EON IT Park is the main IT park here. There are also other smaller IT parks in the area, that house mid-level and small business enterprises. Owing to this, the residential sector of this area has flourished, as many working professionals chose to live in the area they work in, to cut down on commute time. Today, Kharadi is seeing both, commercial and residential development,and will continue to see, as long as the IT sector here develops further. mont botanik residences
Pune is a city with a booming real estate market. Property prices have been on the upswing ever since Pune became home to the biggest IT companies in India. Kharadi, being Pune’s newest and biggest IT hub, is seeing a lot of development in real estate. It is the biggest suburb in the Eastern region of Pune. It is a planned suburb with a solid infrastructure. Wide concrete roads, protected green areas and municipal water connection are the prominent features of Kharadi. This area is connected to many other important areas of the city like Viman Nagar, Kalyani Nagar, Hadapsar and Koregaon Park. All these areas are high profile areas. The Pune International Airport and the Pune Railway Station are also just a few kilometers away.
Kharadi is home to many lifestyle necessities as well. The largest two malls in Pune are just a short drive away from here. There are also many schools, hospitals, markets, retail stores, etc. Therefore, residents of the area avail a convenient life. Recreation is another factor that is the fulfilled by this suburb. Kharadi has many 5-star hotels, fine-dining restaurants, pubs, lounges and high-end malls. In short, Kharadi is the place for a happening night-life. This is another factor that attracts home seekers, as for today’s new-age buyers, recreation is just as important as the necessities.
Most of the reputed developers of the city have multiple ongoing residential and commercial projects here. They know the potential of this area. Property values are always on the up and are expected to continue in the same fashion, as the IT and commercial sector continue to develop. All the development taking place here is a collaboration between IT companies, real estate developers and the Pune Municipal Corporation. Therefore, to invest in Kharadi would be a sound investment. Rapid growth is the norm for this suburb.
Although, Kharadi may seem like the development here is done, this place is still a work-in-progress. Real estate developers are introducing many commercial and residential developments. The Municipal Corporation too is looking to further develop this area, by building flyovers and bridges to connect this area to suburbs across the river. After this, Kharadi will be Pune’s most high-profile suburb, and will be home many other high-end IT Parks and residential projects.