If you are thinking of Affordable Flats in Pune there are many areas you can look forward to. Pune has been the IT hub of India and the IT has powered many industries in Pune. Real Estate is one such domain which has experienced a huge surge due to IT hubs. The IT sector has given rise to many real estate hotspots in Pune, the latest additions to the list are Magarpatta and Kharadi. They are located on the eastern side of the city. They are being planned and built in such a way so that they cater to the young professionals in the IT sector with luxury apartments in Magarpatta and high-end residential property in Kharadi. This has led to the development of a range of residential properties like apartments, bungalows and villas in Magarpatta and Kharadi. There are a lot of Pune Properties for Sale in these areas.
These areas are unique of their own as they have retained the natural scenic beauty that Pune is known for. The Luxury projects in Kharadi and Magarpatta turn premium in the value due to the scenic beauty of the area. The commercial value of the area has also gone up because of the completion of the EON IT SEZ project. Now these areas are competing with Hinjewadi in terms of the number of the IT parks and other facilities which they have.
The areas are close to the IT parks at Koregaon, Kharadi, and Kalyani Nagar. The Industrial Estate is also there which attracts non-IT residents as well. They also enjoy proximity to the Pune airport, which is only eight kilometers away. These areas also have several newly built roads and civic infrastructure, which was built when the local villages were converted into a hotspot. Additionally, ensuring connectivity through public transport, the proposed Metro project is now under planning stage, which will boost the connectivity between these areas as well as to other parts of the city. Pune is often called the educational hub of the country. These localities, like many other areas of Pune, are no exception and have many educational institutions including NIIT, PDEA, and others, thereby increasing the property value of Magarpatta and Kharadi. Keeping in mind the requirements of the growing population of young working professionals, the areas have developed many entertainment hubs. Club Libre, Club 09, and others like them draw crowds from around the city.
Magarpatta City also boasts of Go Karting clubs to cater to Pune’s adventurous young crowd. Moreover, there are retail shopping malls as well, like Seasons Mall, Town Centre, Phoenix Market City, and SGS Mall. The area already has many hospitals with Columbia Asia Hospital being the largest. Some of the others are Medipoint Hospital, Noble Hospital, Express Clinics, Eye Care and others. It also has branches of large banks like HDFC Bank, Axis Bank, ICICI Bank, State Bank of India, Bank of India, and Bank of Maharashtra amongst others.
If you wish to purchase Pune Properties for Sale, Kumar Sienna is one of the hottest projects to check out. Located in the Magarpatta area this project is in its advanced stage and has many facilities to offer to its residents. If you are looking for Affordable flats in Pune you can check out projects like Akshar Alltorios, Kumar Purab and Vascon Ela. All of these projects have affordable homes which also have world-class amenities to offer.