An eastern suburb of Pune, Hadapsar has fast become an investment hotspot. Its proximity to major IT hubs and well-developed social infrastructure have made it a preferred location for homebuyers as well as investors.
If you too are looking to buy a property in Pune, here’s why Hadapsar should be on your house-hunting list.
A business hub
Hadapsar is one of the major commercial zones of Pune and is home to three Special Economic Zones (SEZs) namely, Phursungi IT Park, Magarpatta City, and the Amanora Parktown. A number of renowned IT companies, such as TCS, ADP, IBM, Sybase, Mphasis, SAS, Amdocs, John Deere, Option One, Accenture, Aruman, and Patni have their offices in this area.
Due to this, Hadapsar has been witnessing rapid growth in its working population, which has further led to increased demand for residential apartments.
With the presence of multiple offices and commercial spaces in the neighbourhood, Hadapsar is a good investment destination for home seekers and also for commercial users as rental prices in the area are on the rise.
Accessible on all fronts
Hadapsar is well-connected to other parts of the city and is strategically placed on the Pune-Solapur Road, also known as Mumbai-Hyderabad National Highway.
The area has an extensive bus service with the Hadapsar Bus Stand and the Pune Swargate Bus Depot.
Further, it is just 5km away from Magarpatta and is well-connected to the Nagar Road and the Solapur Road.
Lower prices compared to neighbouring areas
Compared to real estate prices in neighbourhood areas, such as Magarpatta, Fatimanagar, and Camp, Hadapsar is far more affordable with properties here still available within the range of Rs 5,000 – 6,000 per sq. ft.
Well-developed social infrastructure
Social infrastructure in the locality is sound with the City International School, Delhi Public School, and Amanora School.
Some of the leading hospitals in Hadapsar include the Columbia Asia Hospital, Sahyadri Speciality Hospital, and Sanjeevani Nursing Home.
Although the property prices here are not as high as some of the other areas, they are still rising at a rapid pace. The number of projects being developed here is increasing, infrastructure is growing at a fast pace, and the population is expanding.
This article is contributed by Gunjan Goel, Director, Media & Marketing Communications, Goel Ganga Developments.
The views expressed here are solely those of the author and do not necessarily represent or reflect the views of RoofandFloor.