Real Estate Developers in Pune Ask for Better Infrastructure to aid Development!
Real Estate Developers in Pune are of the opinion that for the development of areas like Sinhagad Road, Kharadi, Wagholi, Chakan and Talegaon similar to Baner better infrastructure is the need of the hour.
Real Estate developers in Pune are of the opinion that even though areas like Sinhagad Road, Kharadi, Wagholi, Chakan and Talegaon have potential for growth, better infrastructure is required for optimum development. For the development of these areas it is imperative that these localities get better road connectivity and water supply. All the prime Pune real estate developers are of the opinion that all these areas can grow in the long term if business and industries come up in these areas.
Pune has always been stable real estate market, and the sector has seen constant growth in the last few years and thus there are many projects coming up in Pune and Pimpri-Chinchwad. Although, there were extensive plans to develop new belts in Pune, Talegaon and Chakan did not produce expected results. However, Kharadi is shining. Kharadi in the present time has become India’s sixth fastest growing IT destination; this is no false claim, with two fully functional SEZs and few IT Parks the area is soon going to become a desirable place to stay and work. The reason for failure of areas like Talegaon and Chakan are primarily poor infrastructure, educational facilities, markets and other such facilities.
To develop these areas like Baner, Aundh, Wakad and Hinjewadi, more support from the State Government is required. People expect better infrastructure, if these areas are developed with good facilities, investors will come. Also, water management needs to be better. Baner, developed primarily due its proximity to Rajiv Gandhi IT Park in Hinjewadi, sets an example that needs to be followed. Today, a row house or apartment in Baner is on everyone’s wish list. Not only the properties in Baner are much more lavish but they are also very easily connected to every part of Pune. All this has buoyed real estate in Baner. Lack of infrastructure unlike Baner is the problem with other areas, even though the properties on offer in outskirts are not only better but also cheaper.
Kharadi is one such area that has been developed well by the government. Kharadi is already being compared to Kalyani Nagar, owing to its location advantage. Kharadi is only 7 Kms away from Pune’s International Airport, 14 Kms from the Railway Station and 6 Kms from Kalayani Nagar. Industrialization of Kharadi has increased the requirements of residentialapartments in Kharadi. This has triggered the influx of all the real estate developers of Pune into Kharadi. Also facilities like Hotels, supermarkets, cineplexes, malls and shopping arcades are developing in Kharadi. Some of the highlights of this area are Phoenix Mall, Reliance Mart and Almonte Mall.
Gera Developments, one of the most renowned developers in Pune real estate has some good projects in Kharadi as well as in Baner. Gera Developments, established in 1950, has been synonymous with a resolute pledge to quality, innovation and finest customer service. This is why the developer has gained the trust of its customers and the reputation of being one of the pioneers of real estate in Pune.
As leading real estate brand in western India, the company has been successfully developing premium residential and commercial properties in Pune for some time now. Gera Developments has good residential projects in Kharadi as well as Baner, namely, GreensVille SkyVillas, (Kharadi) Regent Manor (Baner) and Emerald City (Kharadi). In all, Gera Developments is surely a force to reckon with amongst developers in Pune.
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