With demand for residential property on the rise, developers in Pune are now focusing on the growth corridors such as the Yerwada . The Commerce-zone , Pune Metro rail & BRT's made it a popular location. The games pushed the infrastructure activities and since a large parcel of land was available, developers got an opportunity to bring out their projects in the area. Here are five reasons why experts advice on investing in Yerwada.
Proximity to IT hubs: Yerwada, adjacent to Nagar Road, where prices have peaked, is also benefiting owing to the IT-led development in the periphery. “The area is particularly attractive to people working in the nearby IT hub of Vimanagar and looking for a residential accommodation near the workplace,” says Ammul Goel of Pushpganga Realtor's Pune
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Connectivity: The locality is a growing choice for home buyers mainly due to its close proximity to the Nagar–Pune Highway. Also, the Alandi - Pune Road corridor passes through Yerwada . It has good accessibility through road network to other locations of Pune. Yerwada is approximately 2 km from the Pune Airport and 6 km from the railway station.
Affordable Price: The prevailing property rates of Yerwada are in the range of Rs 7,500-8,500 per sq ft, whereas the neighbouring localities, such as Kalyaninagar , offer properties over Rs 12,000 per sq ft. So, Yerwada becomes the nearest and affordable choice for those looking for residential space in Koregao park , Camp or Kalyaninagar but cannot afford it.
Social Infrastructure: As Yerwada is located close to Camp and Kharadi , the necessary social infrastructure is available in the area. Numerous banks, schools, restaurants and retail stores have emerged, drawn by an increasingly up-market population. “Yerwada is also the hub for several prominent educational institutes and hotels and home to establishments .
New Projects: There are many new projects coming up in the locality. These are at different stages of completion. Pooja Enclave a project by Pushpganga Ventures Featuring 2 BHK Super Luxurious homes . Most of these projects are going to be delivered by the end of 2015 .Yerwada
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