Why investors have an eye on Pimpri’s real-estate?

Just when we thought that Pune’s residential prospects couldn’t possibly get any better, Pimpri – a small town in Pune district emerged to offer more. An industrial belt in Pune, Pimpri is witnessing rapid infrastructural developments. Today, the town has emerged as a premier residential area, attracting investors and builders alike. Properties in Pimpri offer the best of both worlds – the serenity of a town far away from the chaos of the city and all the modern comforts of living.

It is well-connected to some of Pune’s commercially prominent towns namely Sangvi, Wakad, Pimple Gurav, and Bhosari.

Let’s take a look at what makes Pimpri such a lucrative town to invest and live in.

Infrastructure and connectivity:

In the recent past, Pimpri has developed into a fully functional town. It is well-connected via road and rail. With well-maintained local buses and public transport, the town spells comfort for its residents. Pimpri is by far is the most celebrated destination for home buyers in Pune. The town has been planned to provide well-developed physical and social infrastructures.

Another feature is the Mumbai – Pune Express Highway NH4. This highway allows you to reach the town easily.

Pimpri offers all the conveniences of modern life, from well-built roads to easy access to restaurants, recreational centres, shopping arcades, schools, colleges, etc.

The Pimpri Chinchwad bus stand offers extensive bus services for quick and easy commute to the heart of Pune city and back. Also, the Shivaji Nagar bus stand, which is in close proximity to the town, offers more transportation options. Along with this, the railway service facilitates local commute to Pune – main city. Travelling to the Pune airport takes approximately 40 minutes from Pimpri.

Economy and employment:

Pimpri Chinchwad is included in the Smart City Mission and ranks 18th on the list. To ensure that the town develops holistically, the Smart City Mission has allocated Rs. 1,000 crore to it. The town has also received Rs. 500 crore from the Urban Development department and Rs. 250 crore from the State Government and civic body. With such elaborate investments by the government, Pimpri is certainly a town to look at for residing.

Speaking of employment and job opportunities, about 10 kilometres away from the town is the Rajiv Gandhi Infotech Park. This business park features major IT industry players, namely Infosys, Cognizant, Tata Technologies and Tech Mahindra, to name a few.

Other eminent business parks in Pune include the Quadron Business Park, formerly known as the DLF Akruti IT Park, the International Tech Park, and the Panchashil Tech Park.

Real estate in Pimpri:

In the recent past, Pimpri has grown to be a masterpiece when it comes to urban development. The real estate development of the city is tightly regulated. This well-planned city offers just the right amount of open space, green landscapes, and clean environment to its residents.

The properties in Pimpri are planned exclusively to offer an excellent living environment to its residents. This town rarely witnesses traffic and commuting from one corner of the city to another is fairly quick. With well-planned space, the residents experience an unobstructed view of the distant hills. Also, the pollution levels of the city are minimum which invariably contributes to healthy and clean air for its residents. Major real estate industry players namely Mahindra Lifespaces have explored the city to its maximum. Their project Antheia is nestled in a location that fetches its residents the best of this city. Mahindra Lifespaces Antheia offers spacious houses in Pimpri. With world-class amenities, these houses in Pimpri promises comfort to its residents.

Schools and social amenities:

Pimpri offers a host of recreational centres and activities for its residents. It also makes available well-developed social infrastructure. Schools, namely Good Samaritan School, Mount Litera Zee School, etc. are some of the leading schools that offer intelligently crafted syllabus to ensure your child gets a holistic education. Also, the infrastructure of the school features modern amenities and a highly qualified and dedicated teaching staff.

Medical facilities are available too. The likes of Seth Ramdas Shah Memorial Hospital & Research Centre, Aditya Birla Memorial Hospital, and Ratna Memorial Hospital are nestled in this city. Each of these hospitals offer high-end medical facilities. The hospitals have an excellent staff on hand and ace doctors on board.

Considering all the above-mentioned points, Pimpri is certainly undergoing rapid development and is a potential town to look forward to for investing in real estate.