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What Makes Pune's Lohegaon A Promising Real Estate Bet

November 25, 2016   |   Harini Balasubramanian

Pune's Lohegaon has been known for housing one of the oldest air bases in India - the Ambala Air Base and is a favourite housing hub for ex-servicemen. It has now turned into an attractive and safe residential area, which ranks at the top of developers' preferred market list. The prime reasons include economical prices of apartments in Lohegaon, effective connectivity and improved infrastructure. With many projects, both completed and under-construction, homebuyers can find ample options of gated communities in Lohegaon with required social amenities. PropGuide tells you why Pune's Lohegaon is fast emerging as a real estate hotspot:

Superb connectivity

Lohegaon enjoys strong connectivity via road and rail. There are several bus stations that link every important sub-locality of the city.

The nearest railway station from the region is Hadaspur Railway Station which is seven kilometres from here. Other prominent railway stations are Ghorpuri Railway Station, Ghorpuri West Railway Station and the Pune Junction Railway Station.

The New International Airport is situated at 43.9 kilometres from the locality.

Surrounded by well-developed neighbouring localities

Dadaji Vasti, Kalwad Wasti, Gurudwara Colony, Dhanori, Vayusena Nagar, Khese Park, Khese Wasti and Mathade Wasti are the localities situated close to Lohegaon.

Fine social infrastructure

Educational institutions: Rambhau Moje School, Sant Tukaram Junior College, Immanuel English Medium School, Marathi School, Jivan Shikshan Mandir, Kendriya Vidyalaya, Podar Jumbo Kids and Immanuel English Medium School.

Healthcare centres: Kashinath Hospital, Mauli Hospital, Sai Hospital, Jeevanreklha Hospital and Dr. Chavan Hospital & Research Centre

Shopping malls: Central 2, Ishanya Mall and Mariplex Mall

Competitive pricing

The reasonable prices of homes in Lohegaon is one of the most influencing factor for the locality's growing fondness among home seekers.

The average BSP of flats is Rs 4,433 per sq ft. The average price of a 1BHK apartment in Lohegaon is Rs 27.76 lakh, 2BHK  apartment in Lohegaon is available for an average price of Rs 43.07 lakh and a 3BHK apartment is prices at Rs 70.18 lakh.

Promising residential projects in Lohegaon

Pride World City: A premium 400-acre gated community, World City by Pride Housing offers 1, 2 and 3 BHK apartments ranging in sizes between 690 sq ft to 1,424 sq ft. The number of apartments in Pride World City is 1,296. The property provides a sophisticated lifestyle with amenities such as 24x7 security services, a children's play area as well as landscaped area with innovative features.

Ganga New Town: Sprawling over 14 acres, this under construction property comprises 217 apartments of 1 and 2 BHK configurations and sizes varying between 610 sq ft to 1,285 sq ft. A gamut of luxury amenities is available under the project like a gymnasium, a clubhouse, a multipurpose room, a rainwater harvesting system and a 24X7 security system.

Pride Aashiyana: An expansive 10-acre residential property which houses 516 units of 2 and 3 BHK homes and sizes varying between 1,050 sq ft to 1,400 sq ft. A swimming pool, a children's play area, a rainwater harvesting system as well as 24X7 security system are some of the amenities under this project. The neighbourhood has a well developed social infrastructure as well.




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