5 Reasons Why Kharadi Area Is a Luxury Property Hotspot in Pune
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5 Reasons Why Kharadi Area Is a Luxury Property Hotspot in Pune

5 Reasons Why Kharadi Area Is a Luxury Property Hotspot in Pune

Kharadi is a Pune neighborhood in India located on the banks of the Mula-Mutha river, which serves as a hub for information technology and business parks. It was once known as a village; but, with the arrival of information technology firms in recent years, the area has changed into a significant metropolitan corridor for Pune residents and visitors alike.

Furthermore, because of the expanding link between people and computer technology, Kharadi is a hotspot for ex-pats and IT working experts, thanks to its easy access to the city’s other districts.

Furthermore, real estate investments in Kharadi are on the rise, owing to the neighborhood’s bustling reputation, which relies on a pleasant lifestyle for students, families, and working professionals. 

It draws people from all around the world. It attracts people from all walks of life who want to live in a contemporary, fast-paced neighborhood while still getting away from the bustle. 

Top Kharadi builders are currently preparing to offer luxury apartments in Pune in prime locations, in keeping with the city’s high living standards. In addition to the beautiful weather and scenery, here are the top five reasons why Kharadi is an excellent place to live and invest in real estate.

A business location

Some of the largest IT parks in Kharadi include Zensar Knowledge Park, Eon IT Park, MIDC Knowledge Park, and World Trade Centre. IT companies located on Nagar Road are also close by. 

The area is also designated as an SEZ and an EON Free Zone. Other well-known companies include Eaton, Wipro, Synechron, Polaris, Tata Communication, Reliance, Zensar, Tieto, Softinfology Pvt Ltd, Citicorp Services India Pvt. Ltd, Meltek Infosystems, Vodafone, Polaris, Honeywell, Eaton, Sears, Barclays, Mphasis, and Symantec are among the companies represented.

The presence of workplaces and business areas in the surrounding area makes Kharadi an ideal investment and house purchasing option for home buyers.

Improving Infrastructure

Kharadi, which is rapidly expanding on several fronts, can meet the rising need for modern infrastructure. The transportation system has considerably improved, with better roads, luxury apartments in Pune, greater access to other sections of the city, and other amenities required for a comfortable city existence.

A Vibrant Social Life

People searching for brief vacations can find plenty of sanctuary in Kharadi, which is bordered by some gorgeous calm areas. 

Furthermore, an ever-increasing variety of bistros, cafés, taverns, restaurants, and hotels keep inhabitants entertained. Throughout the year, various cultural events and concerts are held, so there is always something to look forward to.

Meeting residential requirements

There is a range of residential alternatives available, including both inexpensive and luxury flats. Some of the prominent projects in Kharadi are Austin Engineers Regalia, Kumar Urban KUL Nation, and Nyati Elysia. Marvel Realtors Aquanas, Marvel Realtors Cerise, and Panchshil Towers are some of the finest luxury apartments in Pune.

Conclusion

Since March, 32 housing societies in Kharadi have been experiencing water shortages and are fully reliant on private water tankers. Local engineers, according to neighbors, ascribe insufficient water in tanks to pipeline leaks. The officials also claimed that a substantial number of unlawful connections had been routed for commercial purposes, with roadside cafes among those who benefited. 

While authorities from the Pune Municipal Corporation (PMC) stated that the water supply in the region will be linked to the Bhama Askhed project, it is doubtful that the project would be finished before 2019. 

According to estimates, Kharadi homeowners paid the PMC Rs 3 crore in property tax. So, now you know both the perks and shortcomings of your investment. Choose wisely.

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