Why Hadapsar Is A Promising Real Estate Market?

Once a small village, Hadapsar is a fast-developing residential locality on the eastern suburb of Pune. Besides housing three major SEZs, beautiful temples, forts, and a wildlife sanctuary also dot the area. Moreover, a robust transportation network and quality social infrastructure have made Hadapsar an up-and-coming residential locality. Propguide tells you why Hadapsar is a hot real estate market.

An IT and commercial hub

Important Special Economic Zones such as Magarpatta city, Amanora Parktown and Fursungi IT Park (SP Infocity) are located at Hadapsar. The presence of renowned companies such as IBM, TCS, Mphasis, Accenture, Exl, Zs, Aviva, Honeywell, etc., have bolstered its demand for housing units.

Seamless connectivity

The area is well-connected to neighbouring localities such as Kalyani Nagar and Koregaon Park. The internal roads of the region are well-planned with good bus service. Hadapsar is also accessible through the Pune highway. The nearest railway station is the Sasane Nagar railway station which is just 2 kilometres away.

Social infrastructure

A large number of shopping malls, recreational centres, bank & ATM branches, restaurants, schools and healthcare centres are evenly spread across Hadapsar.

Attractive property prices

The average price of a residential property in Hadapsar is Rs 5,032 per sq ft. Though the rates have spiked by 11.2 per cent in the locality, they still remain within reasonable limits. The residential units are available in sizes between 444 sq ft and 5,183 sq ft, available for Rs 36.39 lakh (1BHK) to Rs 1.09 crore for a 3 BHK apartment and Rs 16.65 crore for a 7BHK apartment.

Ample options

Homebuyers would find a gamut of choices entailing high-end apartments, villas, under-construction properties, resale properties and affordable flats. Prominent residential projects coming up in the locality entail Avishkar Properties Blueberry, Sigma Housing Centuria, Ratan Housing Neptune and Nagpal Marigold which fall under the affordable segment. Panchshil Yoo Pune, Marvel Realtors Bounty II and Marvel Realtors Kyra are some latest luxury projects in the region.