Posts Tagged ‘Talegaon’

Pune Real Estate Investment Destination for Akshaya Thritiya 2011

Thursday, May 5th, 2011

One of the pleasures of buying a property in Pune is the fact that home buyers have many more options than they did a decade ago. The city has expanded in all directions, turning far-flung locations into buzzing destinations with a slew of properties to suit all buyers’ needs and budgets. Accompanying this tremendous growth is a wide range of social infrastructure – shopping malls, hospitals, schools and much more, giving the city an upmarket profile that is perfectly suited to the global lifestyle.

Hinjewadi

Pune’s high profile as an IT destination initially centred around Hinjewadi, or Hinjawadi, which began developing in 2000 when MIDC took the area under its jurisdiction. The Rajiv Gandhi Infotech Park paved the way for many IT players in the region, and today mega corporates like Infosys and Wipro have set up operations here.

Hinjewadi’s major advantage is its connectivity to Mumbai, and to areas like Baner, Wakad, and Balewadi, which are on the fast track to development. Educational institutes like Symbiosis and Mercedes Benz Education Academy have also set base at Hinjewadi. Major residential growth is accompanied by new facilities such as multiplexes, malls, and supermarkets. The Fortune Inn Exotica opened here recently on the main Hinjewadi-Wakad Road.

Hadapsar

As Hinjewadi began to take off, on the other side of town a quiet revolution was happening. Hadapsar, on the Eastern side, a small village surrounded by farms till the 1980s, suddenly began to acquire a new profile. Known for decades as a vegetable market along the Pune-Solapur road, Hadapsar began to take on the sheen of the software world. The Magarpatta City township provided a lifestyle that Punekars have been increasingly getting accustomed to – the walkto-work concept that offers sophisticated workspaces cheek by jowl with upmarket residences and great leisure options. Schools, gardens and even a state-of-the-art 275 bed hospital were among the facilities available, making living here a satisfying experience.

Top corporates like IBM, John Deere, and Accenture have already made their presence felt in Hadapsar; so have several banking institutions like HDFC, ICICI Bank and others. Now, Hadapsar is poised to grow even further, as the Amanora Park Town adds to its profile. Infrastructure is growing rapidly and according to the development plan, the approach roads from the main Solapur highway is being widened to 18 metres. It will be a major link between Katraj – Kondhwa – Saswad By-Pass and Solapur Highway.

More News:  commonfloor.com

Gahunje hopes for a real estate thrust with a cricket stadium

Thursday, January 13th, 2011

The Maharashtra Cricket Association’s stadium at Gahunje village is expected to bring not only cricket to the village but also investors to its real estate market. A few years ago, Gahunje, located near Dehu-road and Talegaon, was hardly seen as an investment destination, however, with the construction of MCA stadium in full swing, things have changed dramatically for the place.

Among those who hope to benefit from the real estate thrust is Nikhil Srivastav whose father, a retired government employee, had invested in a two-room house in the area some 20 years ago.

“The stadium will be added focus for investors to come to this area,” says Srivastav. The house fetches him a rent of Rs 5,000 and he hopes to earn at least Rs 7,000-8,000 in the near future. Manoj Nair, another investor, had always treated his three acres in the area, around 2-3 km from the stadium, as dead investment. Today he hopes to earn on that investment. “I stand to get a good amount now,”

More News

http://www.expressindia.com