Equa by Kolte-Patil Is Located Adjoining Kharadi, One of Pune’s Fastest-Growing Locales

Equa by Kolte-Patil Is Located Adjoining Kharadi, One of Pune’s Fastest-Growing Locales

Pune is a city that has accumulated intrinsic value of historical, cultural, social and political significance over the years. Wrapped in the traditional colors of Maharashtra that imbibe the spirit of Shivaji Maharaj and the Peshwas, it is a custom to welcome people from varied communities creating a harmonious space. As aptly called the “Queen of Deccan”, the scenic green landscape that encapsulates the city is simply exquisite.

With the initiation of the IT hub in Pune, the landscape started evolving into a commercial property that integrated the corporate sector and a residential zone for a healthy work-life balance for the working crowd.

To assimilate a streamlined operation, Pune Municipal Corporation PMC had designed a structured plan for developing the circumference around the commercial hubs into high functioning suburbs. Within a few decades, several suburbs emerged that accommodated working professionals, families, retired folks, locals, and students from other cities.

Kharadi is one such suburb situated in the Eastern Metropolitan Corridor of Pune, that also hosts several IT/ITeS hubs. This self-sufficient suburb is bordered by Pune Airport in the North, Mundhwa in the South, Wadgaon Sheri in the west, and Awhalwadi in the east.

Owing to certain key factors, the residential projects in Wagholi adjoining Kharadi area have been in high demand in recent years.

A Feasible Infrastructure

Kharadi is known to accommodate a wide spectrum of demography including expats, and young graduates from pan-India. PMC incorporated a strategic infrastructure for easier travel plans conducive to such varying crowds.

1.    Pune Railway Junction

This is the official railway junction of Pune City under Indian Railways under the guarded surveillance of Pune Police and Central Reserve Police Force. To abide by the covid guidelines, the Pune Railways has undertaken an innovative approach by appointing a robot – Captain Arjun, who screens every passenger for any undercurrent symptoms. This helps in refraining from unnecessary human contact with the railway service staff.

This developed railway station is equipped with several amenities like ATMs, eateries, water vending machines, waiting halls, retiring rooms, dormitories, health kiosks, pay-and-use toilets, cloakrooms and many other services that ensure a secured boarding and journey for the passengers.

There are two access points for this station – Raja Bahadur Mills from the North and HH Aga Khan Road on the south. The south route is merely a 20 minutes journey from Kharadi, thus ensuring flexible travel plans for migrating employees.

2.    Suburban Railways

The Pune Suburban Railways is a service under the Pune Railways Junction operated by Central Rail. The Pune Local is the most conducive mode of transport for quick weekend escapades. This network interconnects the Pune City as well as to outstations with the three prominent lines

  • PuneJunction-Lonavala (connecting 17 stations all over Pune)
  • Pune Junction-Talegaon (Part of the above network)
  • Pune Junction- Daund- Baramati route (Diesel Multiple Unit DEMU trains)

3.    Airport

Pune International Airport is a civil enclave operated by the Airports Authority of India situated at the western side of the Lohegaon Air Force Station of the Indian Air Force.

Serving for both domestic and international travels, this airport is merely 7.3 km from Kharadi when accessed through Nagar Rd/Pune – Ahmednagar Highway/Samrat Ashok Rd; covering the distance within 15 minutes. This accessibility also resulted in a huge boon for the property value of flats in Wagholi and Kharadi.

4.    Proposed Metro Line

A proposed extension of Line 2 of MahaMetro Line that runs along PCMC to Swargate will link Kharadi to the rest of Pune with seamless connectivity. The Ramwadi Metro station is expected to open on a tentative schedule in 2023.

The Commercial and Social Infrastructure

Since Kharadi is a burgeoning suburb, several real estate developers have capitalised on this property value by introducing a variety of residential projects offering an average of 2 BHK flats in Wagholi catering to the wide demography. To oblige with the prerequisites of a developed residential zone, some of the top-notch services are available in Kharadi.

1.    Schools

Since suburbs present a sense of secured environment with several residential complexes providing a gated community; rest assured, children can be allowed to commute alone with surveillance from the entire community and the deployed security services in residential areas.

Owing to this, several quality schools are established in the neighbourhood such as EuroSchool Kharadi, Vidya Pratishthan’s Magarpatta City Public School, EON Gyanankur English School, The Orbis School, Stella Maris School​, Podar International, Mother Theresa School, Nirmala Convent School, The Orchids International School and others, that ensure your child has the best educational facilities for developmental growth.

2.    Higher education institutes

Pune is known to harbour the aspirations of young students from small towns all over Maharashtra with the expectations of quality higher education facilities. Since Pune is an overall economical city, the cost-effectiveness is flexible for students.

Some prominent institutes located in the vast suburb of Kharadi are:

  • D.Y Patil College
  • BJS College
  • Management Institute Of Leadership & Excellence
  • Kothari International
  • Christ College
  • Shankar Rao Ursal College Of Pharmacy

3.    Hospitals

Healthcare and emergency facilities are abundantly spread across the peripheral of Kharadi, providing the best medical aid. Several dispensaries, specialized hospitals and nursing homes are located in Kharadi.

Rising Medicare Hospital, Shree Hospital, Columbia Asia Hospital, Medipoint Hospital, Balaji Hospital

4.    Entertainment and shopping centres

While the city bustles with daily hectic schedules, a suburb is a much-needed solace after a hard day’s work. The young crowd of working professionals and students prefer a location that can integrate several recreational activities in the vicinity to avoid heavy time consumption.

Kharadi is well endowed with shopping and entertainment centres. Decathlon Mall is a massive emporium, a point of attraction for youngsters and families alike. Other malls located in the vicinity are Phoenix Mall, Global Highstreet, Amanora Mall, Gold Plaza, Fortune Plaza, and many more in nearby locations.

The Extensive It Park and Commercial Hub in Kharadi

Kharadi is a preferred location as it hosts one of the most prominent IT parks in Pune known as Eon Business Park:

Armored with some of the best MNCs and conglomerates, EON business park is one of the driving forces for fair trade and the free-market economy of Pune.

Located in Kharadi, it is a significant node of the first Special Economic Zone (SEZ) of Pune. The campus is spread across almost 57 acres within Pune’s Eastern Corridor.

The entire hub is divided into two spatial areas- Phase I and II.

●     Phase I:   

Consists of five interconnected clusters: A, B, C, D and E. This massive campus occupies approx. 4 million Sq.ft. Also awarded with Gold LEED certificate for incorporating eco-friendly practices within the campus. Several other amenities, food courts

and recreational facilities are included as well.

Some of the companies are

  • Credit Suisse
  • Barclays Global Service Centre.
  •  Veritas Technologies.
  •  Symantec Software Solutions Private Limited.
  •  Eaton.
  • Trizetto, cognizant company.
  • Citi Service Center, Kharadi.
  • Vodafone.
  • Affinity Express
  • SG Analytics

●     Phase II:

Sprawled across a whopping 2.2 million sq.ft, this campus exemplifies the extensive IT network of Pune, implementing a state-of-the-art infrastructure and contemporary architecture.

The impeccable connectivity of this wide-acred campus with the nearing suburb of Kharadi allows an efficient commute, which is one of the reasons why many employees prefer 1 and 2 BHK in Wagholi-Kharadi area.

Other commercial hubs located in Kharadi are WIPRO, TATA, Reliance, Polaris, Zensar, etc that have established huge campuses providing training facilities as well.

The Flourishing Real Estate Market

As all the above components contribute together to form a highly functioning suburb, the real estate value of the area has seen an upward trajectory in the past decade. As PMC has integrated a residential plan in the suburb, elaborate contracts were handed over to builders and developers to construct robust and well-equipped residential complexes.

Kolte-Patil is a renowned name in the real estate world of Pune with several established projects spread across the city like the Life Republic, 24K Atria, 24K Opula, 24K Sereno, 24K Stargaze, Centria, Three Jewels, Mount Castle and many more.

The upcoming residential project in Pune, EQUA by Kolte-Patil is situated adjoining Kharadi is the latest added feather to their cap. EQUA is thoughtfully placed at a serene location adjoining the suburb where one can access all the facilities within a short reach. Also equipped with amenities such as an amphitheater, kids’ play area, gym, outdoor sports court, plaza, seating area, reflexology path, yoga deck, and many more.

Other efficient services include sewage treatment plant, organic waste composter, substation as per MSDCL sanction, DG backup and fire-fighting system.

 After the success of the Great Homecoming Festival, Kolte-Patil is offering 2 BHK flats for sale in Wagholi in their EQUA projectwith a special offer of a flat discount of Rs. 50000 on spot booking.

To conclude:

Kharadi is an efficient suburb with more space for development, and the rapid expansion has only added to the property value. So, now is the right time to invest in a home with 1 and 2 BHK for sale in Wagholi to get the best ROI in the long term. Grab the amazing opportunity with Kolte-Patil EQUA to secure a humble abode under your name.

RERA NO: P52100032093

FAQs

Q1: What is the price for a 2 BHK apartment in EQUA?

A: An interim rate of Rs. 40 Lakhs and Rs.46 Lakhs (depending on the carpet area) is stated. You can browse the website for an in-depth price break-up of the project.

Q2: What is the status of the EQUA project?

A: Currently the project is under construction with the possession date within 3 years (tentative).

Q3: How far is EQUA from the World Trade Center?

A: EQUA is barely at 6.5 KMS distance from the World Trade Center.

Q4: How long does the commute take on average?

A: Since major IT hubs and business parks are located in Kharadi, it takes a maximum of 15-20 minutes depending on the location of the residential projects. For example, it takes barely 15-17 minutes to travel to EON IT Park from Kolte-Patil EQUA. In Future, when the proposed road from BAIF RD to Kharadi EON IT PARK is ready the travelling time shall reduce to 7-10 minutes

Q5: Is the area adjoining Kharadi worth the investment?

A: The area adjoining Kharadi is now considered to be the most sought after location due to its easy connectivity to EON IT PARK and the Industrial areas of Shikrapur, Sanaswadi and Ranjangaon. The property appreciation value has shown considerable growth in the area arounf BAIF road due to its better infrastructure and easy connectivity over the past few years. This is the right time to invest to ensure high returns. Also, since a significant chunk of the crowd arrives from different states, they prefer renting apartments, thus also adding to the income from good rental returns.

Q6: Are there any public transport facilities to travel from Kharadi to Wagholi?

A: Pune Mahanagar Parivahan Mahamandal Ltd (PMPML) operates a bus from Kharadi Bypass to Wagholi with a frequency of 10 minutes. It takes simply 9 mins to travel between Kharadi and Wagholi.

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