Wagholi Witnessing Huge Developments In Real Estate Segment
Wagholi is a prime suburb located in the eastern part of Pune. Having undergone significant changes over the last few years, the locality is now emerging as an important residential and industrial hub. A multitude of factors are driving its growth such as excellent connectivity, well-developed social infrastructure and proximity to IT hubs.
As a result, it now one of the most sought-after residential destinations for investment among buyers and investors. Read on to know more.
1. With prime regions in Pune such as Viman Nagar, Koregaon park, Kalyani Nagar, etc. reaching their saturation point, investors are now looking toward the outer areas for investment. This is one of the main reasons behind the rise in real estate activities in Wagholi.
2. Its proximity to the Kharadi IT hub has led to the development of a number of malls, shopping centres, hotels and multiplexes in its vicinity.
3. Reputed educational institutions in Wagholi include Jyotirmay International School, Sharad Pawar International School and more. Hospitals in and around this area include Nathshree Hospital, Kolte Hospital and more. A number of banks and ATMs are also located nearby. This robust social infrastructure adds value to residential developments in the area.
4. MSRTC buses run at regular intervals between Wagholi and the internal city neighbourhoods.
5. Wagholi’s connectivity also plays a major role in its fast development.
– The locality offers easy accessibility to the industrial areas of Ranjangaon, Mundhwa and Hadapsar through Kharadi.
– It is situated on a popular four-lane highway that connects Pune to Ahmednagar.
– The road linking Wagholi to Eon IT Park is under construction.
– Another flyover is proposed on the road connecting Wagholi to Shikrapur in the opposite direction.
6. Additionally, the Pune airport is situated at a distance of about 10 kilometres away via Wagholi Rd. and Lohgaon Rd.
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