Undri: Light on Pocket, Big On Social Infrastructure
From real estate point of view, the inner suburbs of Pune have gained more attention from the developers in recent years. Unlike the central and inner part of the city, several localities on the outskirts of Pune such as Baner, Undri, Hadapsar, Viman Nagar and Warje are rapidly developing. The transformation of Undri from a reserved forest land into a happening residential market is a success story in itself. Undri is in the south-western part of the main city and is a promising market for affordable homes to match the regular income group's budget requirements. Here is a report by PropGuide on the factors which make Pune's Undri an attractive housing destination.
Excellent infrastructure
The area is replete with renowned schools, restaurants, supermarkets, shopping centres, fitness clubs, hospitals and bank branches. Presence of the famous Rajiv Gandhi Zoological Park, Country Club Branch as well as recreational options make for a comfortable lifestyle. Besides, there are numerous entertainment options, bars and nightclubs for those seeking a larger than life experience.
Some educational institutions are Satish Misal Educational Foundations (SMEFS) , Architectural College, Bishops Co-Education School, Vatsalya School, Hill Green High School, Vibgyor High School and National Institute of Bank Management (NIMB) .
Reputed healthcare centres in the region are Chintamani Hospital, HV Desai Eye Hospital, AFMC, Inamdar Multi-Specialty Hospital and Ruby Hall.
Proximity to IT hub
There are few info-tech parks in the neighbourhood that offer great employment opportunities for the residents. Prestigious companies are situated in the vicinity such as Accenture, Amdocs, Centillion Technology, etc.
Superior connectivity
Mumbai-Pune bypass and NH 9 are the two important routes which offer smooth connectivity to the region. The nearest airport is situated at 12 kilometres while the closest railway station is 8 kilometres away. The broadening of Katraj-Kondhwa-Phursungi-Solapur Highway upto 60 metres has been proposed which shall facilitate commuting.
Serene Locale
Undri is one of localities which boasts a clean and green environment. All existing and upcoming properties in Undri present scenic views of the surroundings.
A hotspot for affordable living
Buyers have ample options to choose from, which entails luxury apartments, high-end villas as well as 1, 2, 3 and 4 BHK apartments in Undri. The locality has witnessed a price rise of 5.8% and an average housing unit is available for a price of Rs. 4,242 per sq ft.
Key housing properties in Undri
Here are some of the promising projects you can look at from an investment point of view:
Godrej Shades of Greens: With a sprawling area of 10 acres, the housing complex offers 2 and 3 BHK apartments with sizes ranging 563 sq ft to 930 sq ft. Residents will be provided with all luxury amenities entailing a swimming pool, a clubhouse, a cafeteria as well as a children's play area.
VTP Group Urban Nest: Urban Nest is a premium housing project comprising of 1, 2 and 3 BHK apartments of sizes varying between 517 sq ft to 1,385 sq ft. It offers a total of 600 units accompanied by lavish amenities such as a gymnasium, a swimming pool, a children's play area and a clubhouse.
Majestique Landmarks 38 Majestique Park: This is an expansive 10-acre property which offers 806 units of 1, 2 and 3 BHK homes ranging in sizes 644 sq ft to 1,937 sq ft. The project comes with several high-class amenities and boasts excellent connectivity.