Residential developers are heading towards the outskirts of metro cities. Read on the following article to know why they have chosen Wagholi as their new destination for housing projects.
The real estate in India has changed the face of the infrastructure and is racing ahead swiftly to lift up the country’s economy. The real estate has always been a key player in the country’s economy as it has stepped into both commercial and residential property. India is listed in top 20 in the global real estate market which proves the mettle of the infrastructure industry. Commercial property can be considered as secondary need for the clients whereas residential property is imperative for everyone. Realty giants, therefore has injected innumerable residential projects in the metropolitan cities namely Delhi, Mumbai, Bangalore, and Kolkata among others.
Property builders have started to move out of their shells and are exploring new regions. They are trying to expand their horizon and are on the hunt for residential land which has the potential to deliver a unique lifestyle to the first time buyers. The residential property in cities like Chandigarh, Pune, Chennai and Gurgaon is evolving rapidly and is expected to provide good returns in the long run. The residential property is selling like hot cakes in the above mentioned regions as the realty builders are offering luxury and comfort at an affordable price.
Pune is one city which has captured the imagination of realty developers. The residential builders are digging up the city in order to transform the face of the city. Pune is the ninth largest metropolis in the country and second largest in the state of Maharashtra after Mumbai. The lively city is a significant political center and is a hub of cultural and sports activities which draws lakhs of tourists annually. Pune has therefore been successful in alluring the realty developers. The residential property has given a way for apartments in multi- storey buildings in towns like Wagholi, Kondhwa, Shivaji Nagar, and Ghorpuri Lines. The above listed regions have displayed a positive sign on the residential graph and are anticipated to flourish swiftly in the coming years.
Why steer towards the suburbs?
Wagholi, a town located approximately 16km to the east of Pune is seen as an emerging hub of residential property. The town is encompassed with composed environment and offers a tranquil atmosphere in the vicinity. The realty developers have come up with housing projects comprising of stylish apartments and penthouses. The flats in Wagholi are available in the range of 1- 5BHK imbibed with all the modern amenities like kids playing zone, gym, sports center, swimming pool, rain water harvesting system and club house among others. The flats are fully furnished with modular kitchen and open balconies. The housing project is all about getting a luxurious lifestyle attached with emotions. Luxury Flats in Wagholi are considered as a new face of the residential ventures. A fresh breath of air amidst their competitors in other suburbs has managed to allure clients. The flats in Wagholi are closely located to schools, hospitals, banks, national highways, and institutions which make it an ideal place for the first time buyers to shell out money on the respective residential project.
The real estate of Pune is mushrooming everyday and so are the suburbs of the city. The new trend seems to be beneficial for both realty developers and first time buyers. The suburbs of Pune have set off the demand for quality housing projects. The city is known for its quality living and space, affordable housing, and educational institutions as compared to other cities. Therefore, it is an ideal place for the clients to invest in the same and get good returns in the long run.