Thursday, 3 March 2016


Pune, the erstwhile “Pensioners Paradise” has now become the hottest destination for the young, educated and aspiring professionals. Demand for commercials also multiply as more people opt for Pune as their city for professional growth and permanent residence.

Pune boasts of a good climate. Being in close proximity to Mumbai (just three hours drive), it is naturally the first destination to develop as its satellite. Consequently the government has developed it as an industrial and economic hub. MIDC has developed industrial hubs on either side of the city – Pimpri, Bhosari, Chakan and Talegaon in the western side and Ranjangaon in the eastern side. Likewise, IT hubs have been developed at Hinjawadi in the eastern flank and Magarpatta and Kharadi in the eastern flank. Thus Pune is fast emerging as one of the leading Metros in India for high quality professional opportunities. It is attracting young professional in droves. To cater to their needs the social infrastructure like good quality roads, schools, colleges, hospitals, clubs, malls and entertainment destinations have also grown in leaps and bounds. As Pune lie in the Western Ghats, there a lot of weekend holiday destinations in and around it offering opportunities to rejuvenate after a week of work. In monsoons, Pune and its vicinity is nothing but an undulating green carpet. Pune’s attractiveness has also gone up by several notches as it has been selected to be developed as a smart city. Thus Pune is a great city where one can pursue a challenging career and at the same time enjoy a leisurely lifestyle during non-working hours and weekends. In fact young people are opting for Pune as the city of career destination.

In recent times, many suburbs in Pune have become favored residential destinations. One of them is Keshav Nagar in the eastern flank of the city. It is just half a kilometer away from the Magarpatta IT SEZ and a couple of kilometers away from the EON IT SEZ at Kharadi. Keshav Nagar is already connected to Magarpatta and EON, but is now getting connected to EON and Pune Ahmednagar highway by a network of new broad roads bypassing the present roads. Besides, Keshav Nagar is very close to the city centers like Koregaon Park, MG Road, railway station, airport, malls, hospitals and schools. Within two years Keshav Nagar and Kharadi will seamlessly become one.

Keshav Nagar being the first cousin of Kharadi is missing all the attention which goes to Kharadi. As a result, while the prices in Kharadi are hovering between INR 5500 – 6500 per square feet, in Keshav Nagar it is between INR 5000 – 5500. A wise person who wishes to enjoy all the location advantage of Kharadi and save nearly 20 % in investment should look at residential projects in Keshav Nagar. There is no difference in the quality of homes in offer at both the locations. Why pay more just to be a kilometer closer to EON? Mind you Keshav Nagar is much closer to residential projects near Magarpatta City than Kharadi.      

Thus Keshav Nagar will give you an opportunity to own a quality residential property in Pune a cosmopolitan neighborhood and in close proximity to Pune’s two IT Hubs at a price 20 % lower than its immediate celebrated neighborhood. “Valora” is one of the good projects in this area offering both 2 and 3 BHK Residential property in Pune options.

Move early to cash on the price differentials. Why pay more when less is available?

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