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November 21, 2024 8:06 PM

Commercial Property

Properties In Hadapsar Becomes Real Estate Hotspot In Pune

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Properties in Hadapsar
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The city of Pune has always attracted many professionals due to its thriving software industry, MNCs and above all a favourable real estate market. However, in recent times, Hadapsar has emerged as a key area in Pune that has gained momentum due to well-developed IT/ITes sector.

Located in the eastern suburb of the Pune city, once a small village, Hadapsar has today grown into the most densely populated areas of the district. The area enjoys smooth connectivity to other parts of the region via rail and road network. It falls along the Mumbai Hyderabad National Highway, also known as NH65, which also connects Pune and Solapur.

The area is home to three major SEZs namely Magarpatta, Amanora Park Town and SP Infocity. It also 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.

Hadapsar is also a well-known tourist destination of the Pune City. The area has a booming infrastructure with presence of many educational institutes, well-known Hospitals, malls, and recreation centres.

In the last 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.

Some of the top residential projects currently existing in the area are Shapoorji Pallonji Residency, Panchshil One North, Dynamic Linea etc. Hadapsar has seen a rise of 11.3% in the property prices. While the average price of the residential units is 6,247 Sq.ft; the price range of properties falls between 4,701-7,792 Sq.ft.

Nisha Shiwani hails from the pink city of Jaipur and is a prolific writer. She loves to write on Real Estate/Property, Automobiles, Education, Finance and about the latest developments in the Technology space.

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