Wagholi’s Transformation Into A Residential Hub
Wagholi, considered one of the most affordable destinations in Pune, has transformed over the years into a residential hub. Wagholi is one of the fastest emerging localities in Pune is emerging as a promising residential and commercial destination. The residential real estate market in the area has grown rapidly since living and working in Wagholi has become a trend in Pune. With many reputed real estate developers coming up with projects here, Wagholi stands out as one of the best residential investment options.
Some factors that contribute to Wagholi’s recent transformations are:
1. Reasonable Property Rates
Wagholi is a dream destination for anyone looking to buy a property with limited budget. It is the most affordable option in the city compared to high-end locations where the property prices are much higher. Affordability is one of the main factors why this locality has been witnessing a high demand from working professionals. Apart from being within budget range, Wagholi is popular among buyers who are looking to escape traffic blockages, noise and air pollution levels.
2. Superb Accessibility
Wagholi, being well connected to Khandala-Loni Road, is easily accessible to the other parts of Pune. Extending from Bund Garden to Wagholi, the six-laned Nagar Road stretches over 15 kms and provides easy access to various prominent IT-based locations in the city – Kharadi, Kalyani Nagar, and Viman Nagar. It further connects to Kharadi Bypass Road and Pune-Solapur Highway. Pune Railway Station is located just 14 kms from Wagholi while Pune Airport is at a distance of 11 km via the Lohegaon-Wagholi Road.
3. Civic Infrastructure
Wagholi enjoys the advantage of having several reputed educational institutions like Netaji Subhash Chandra Boys Military School, Jyotirmay International School, Sharad Pawar International School, Lexicon International School, Dhole Patil College of Engineering, Moze College of Engineering, GH Raisoni College of Engineering and Technology, JSPM Imperial College of Engineering and Research, etc. Proximity to renowned clinics and hospitals, banks and ATMs, also provides its residents with the necessary civic infrastructure and in turn, makes Wagholi a great place for living.
4. Ongoing/ Upcoming Infrastructure Developments
Given the large-scale real estate and infrastructural developments scheduled, the future of Wagholi looks promising. The proposed Ring Road project (connecting Pune and PCMC areas) includes this region and will majorly contribute in driving growth for residential real estate.
Some of the upcoming infrastructure developments include-
- The Mumbai-Bengaluru Infrastructure Corridor
- Road connecting Wagholi to Eon IT Park
- Wagholi to Shikrapur Road
An expansive 75-acre township in Wagholi is Kolte-Patil Ivy Estate (The project has been registered via MahaRERA registration number P52100001066). Providing an array of residential options, Ivy Estate offers you the kind of lifestyle that rejuvenates you with its meticulously-designed homes, unbound conveniences & the best of amenities. Ivy Estate offers a community-living experience to its residents, equipped with state-of-the-art lifestyle amenities and ready-to-use infrastructure. To explore these premium 1, 2 & 3 BHK apartments in Wagholi