Known for its scenic beauty and tranquil surroundings, Hadapsar, today is considered as a Burgeoning Real Estate Investment Destination in Pune. The area is located in the eastern suburb of Pune. Once a small village, today is one of the most densely populated areas of the district.
In the last few years, the region has gained momentum due to well-developed IT/ITes sector and SEZs like Magarpatta, Amanora Park Town and SP Infocity. This has called many working professionals and their families to invest in the area. Read this blog and find out why Hadapsar is a popular real estate destination of the Pune City.
Location and Connectivity
Hadapsar falls along the Mumbai Hyderabad National Highway, also known as NH65, which connects Pune and Solapur. The area enjoys seamless connectivity to other parts of the city via a thriving rail and road network. The nearest railway station is just 2 kilometers, on the other hand, it also has smooth connectivity with other parts of the city via the PMPML buses.
The area is also a well-known tourist destination with a Gliding Center that offers glider rides. Hadapsar also houses many educational institutes, well-known Hospitals, malls, and recreation centres.
It boasts many top industries like Serum Institute of India, Honeywell, Bharat Forge, Gits Food Products, Indian Hume Pipe Factory, EDP, and Accurate. Because of flourishing industries and IT companies, families and working professionals prefer to invest in this region.
Favourable Realty Destination
In the past few years, Hadapsar has witnessed considerable growth across various residential real estate categories, particularly in the mid-range and affordable home segments. Many leading real estate developers have flocked towards this region and are offering residential units at competitive price which fits into every pocket size. Renowned developers like Marvel Realtors, Panchshil Group, Shapoorji Pallonji and many more have come up with both mid and affordable range projects here.
Some of the top residential projects currently existing in the area are Shapoorji Pallonji Residency, Panchshil One North, Dynamic Linea, Marvel Kyra, Kumar Sienna, and Nagpal Marigold etc.
One can find apartments in varied sizes ranging from 444 sq ft to 5183 sq ft.
Property Price and Trends
Due to numerous IT and BPO companies like TCS, IBM, Patni, Accenture, Honeywell, Zensar, John Deere, and Mphasis the area is attracted by many working professionals hence the rates are expected to rise more in this region.
Hadapsar has seen a rise of 11.3% in the property prices in past few years. The average price of the residential units is 6,247 Sq.ft. The price range of properties in Hadapsar falls between 4,701-7,792 Sq.ft.