In Kharadi, the rates are around 5500 to 6000 rupees per square foot. There are many developers that offer excellent projects to buyers. Areas in and around Kharadi have shown immense development in the recent years.
With the development of IT hubs in Magarpatta, Viman Nagar and Kharadi, IT professionals are looking for well-furnished flats in kharadi.
It is a popular IT destination in the Eastern side of Pune. Hence, residential and commercial properties with the best amenities in the niche are emerging in the scenario every year.
Two special economic zones, posh malls, and superfine hypermarkets enhance the business viability of Kharadi.
Kharadi is developing in all the fronts
Kharadi area is showing an all-round development. Luxury hotels, educational institutes and capital values, and many other different infrastructural projects make Kharadi a hot cake.
Enhanced residential solutions for improved lifestyle are offered by developers and builders. The time is right to finalize a house purchase in Pune. The decline in the property rates makes investment easy.
As the interest rates on housing loans drop further, residential projects in kharadi become further lucrative.
Experts say that every moment is the right moment for property investment in Pune. The rates will increase steadily in future, and bring good returns to investors.
Whether you are in IT or engineering, Kharadi is the right choice for you
Kharadi attracts all the IT crowd as it is home to the EON Free Zone which is a Special Economic Zone where companies such as Wipro, Honeywell, Mphasis, Tata Communications, Reliance and Polaris have their offices. Not only IT professionals but people working in the automobile, electronics, and other industries also find Kharadi a good choice. 2 BHK and 3 bhk flats in kharadi are the first preference.
Bachelors who prefer bigger flats for shared accommodation always look for rented properties. Hence, even if you want to buy flats for purely investment purpose, it is guaranteed that you will get good value for money.
Buying a flat in Kharadi is a guaranteed profitable deal. When you will sell the property after a few years, you can expect fantastic returns.
Where can you find affordable properties in Pune?
Property prices have increased in all areas of Pune city. However, the increase is exorbitant in some places. Kharadi is an area which is still within the buying capacity of most of the buyers.
Since several good properties are available in ample number, the price change has remained under control. 2 bhk flats in kharadi are still within the purchasing capability of investors.
What makes Kharadi a lucrative area?
If you ask experts about the secret of success of Kharadi as a residential area, then they find two factors responsible for it. Firstly, there is a spill-over demand, and secondly, there is a superb growth in the infrastructure. These two aspects work together to enhance the real estate profiling of Kharadi.
Kharadi is being considered spill-over area from Magarpatta where the property market has reached almost a saturated state.
In this scenario, both ready-to-move and under-construction projects offer a better investment opportunity to property buyers. While choosing property developer, make sure you pick the best one.
- Kharadi is connected to healthcare facilities such as Columbia Asia Hospital
- Kharadi is closely connected to areas around with State Highway 2, Pune Nagar Road, Samrat Ashoka Road, Mundhwa Kharadi Road, Fountain Road and Old Mundhwa Road
- Kharadi is also connected to its surroundings with smaller roads and lanes which provide easy intra connectivity
- There’s wonderful connectivity by buses operated by the PMPML
- The Hadapsar railway station is barely 4.5 km away while the Pune railway station is located at a distance of 12 km
- The International Airport is quite close to Kharadi as well, it’s just 7 km and is accessible with broad roads like Viman Nagar Road.
- Kharadi’s locality further will enjoy The proposed BRTS and metro lines as well