Koregaon Park is one of the most affluent areas of Pune, located south of the Mula- River. It is situated 3-5 kilometres away from Pune railway station and about 6 kilometres away from International Airport. Yerwada, Kalyani Nagar, Magarpatta, Ghorpadi and Sangamwadi are the areas surrounding Koregaon Park. Famous tourist spots in the area include the German Bakery, Osho Ashram, Hotel Westin and Chabad House. Being home to the famous Osho International Meditation Resort, Pune is frequented by tourists from all over the world. Previously, Koregaon Park was completely a residential area with a huge green cover. However, having close proximity to Kalyani Nagar and Pune's primary IT/ITES hub, it has now become a major commercial centre in Pune. Boat Club Road is also situated 2 kilometres away from Koregaon Park.
Connectivity
Koregaon Park is linked with Pune city through north and south main road. The north main road runs parallel to south main road and connects to the link road. Aga Khan Bridge over Mula- River connects Koregaon Park with Kalyani Nagar. Another road has been recently constructed to give passage for Mundhwa and Magarpatta. This connecting route from Magarpatta to Koregaon Park will fuel the development of residential projects and will also enhance commuting towards Central Business Districts. A new DP Road is being constructed from Koregaon Park and Mundhwa to Road to ease traffic. Crossing the north main road towards Annexe and approaching Road, the new DP Road will connect Koregaon Park to Magarpatta. DP Road, starting from the north western region of Magarpatta City reaching Botanical Gardens, will surely make Koregaon Park one of the closest neighbourhoods to Magarpatta.
Schools and Hospitals
Some of the well-known schools located in and around Koregaon Park are Noah's Ark Preschool and Daycare School, Poona International School, Sant Gadhge Maharaj School, St. Joseph's School, Vidyalaya English School and Vidyalaya. Several well-equipped hospitals providing excellent medical facilities include Rajarshi Shahu Maharaj Hospital, Inlaks and Budhrani Hospital, Budhrani Hospital, Bhavani Hospital and Dr. Bapusaheb Genuji Kavadi Patil Hospital. Koregaon Park is also home to several restaurants and shops. Hotels in the area include The Westin, Oakwood Hotel, Malaka Spice and Park Central.
Real Estate in Koregaon Park
Koregaon Park is located within close proximity to Kalyani Nagar and a prominent IT hub in the city. One of the most sought-after residential areas, there is a very high demand for residential properties in . There are 12 projects in Koregaon Park that are under construction and 4 are due to get possession in 2014. Marvel Realtors, Goel Ganga, Kumar properties and Developers are reputed developers who have constructed projects in the area. Marvel Basilo, Goel Ganga Ganga Carnation, Marvel Realtors Simrose and Developer Windermere are some of the residential projects available in this locality. Unit size of apartments vary from 1250 to 6600 sq. ft. Buying property in as an investment is sure to fetch good returns in the near future.
