Why Is Pune an Emerging Real Estate Investment Hotspot for Plotted Development?

pune hotspot for plotted development

Pandemic and its Impact on Homebuying Trend:

The pandemic has significantly impacted home-buying preferences across the country. It has sparked the desire for low-density living. With work from home becoming the new normal, homebuyers who desire to live away from the city and yet enjoy the perks of city life, prefer villas and plotted development projects. These projects are thoughtfully planned with infrastructure and amenities that give its residents a safer and holistic living experience.

What else makes villa plots a desirable investment option? The liberty to build one’s home as per one’s preferences.

As per a Financial Express report Pune ranked fourth in the top five cities in India with maximum demand for plots. This demand is matched with the increasing investment made in plotted development projects of the city, by renowned developers. These projects are a great investment choice for investors looking for land in Pune for investment.

What Makes Pune a Hotspot for Plotted Development?

1. Preferred choice of developers:

The demand for homes in Pune is attributed to the city’s excellent weather, well-developed infrastructure, educational and employment opportunities make it a desirable place to migrate to, as compared to the costly & crowded Mumbai. The ever-growing demand for homes makes Pune a paradise for Real Estate developers, both in the areas of plotted and residential apartment development.

2. Availability of land:

The city is blessed with the availability of land that can be turned into excellent plotted development projects. That is exactly why several plotted development projects have started to spring up in the areas of Talegaon, Chakan, Hadapsar, Pashan, Balewadi, and PCMC.

3. Weather:

Investing in a residential plot in Pune is equivalent to investing in livability. The city has pleasant weather throughout the year. During the monsoon season, there is nothing to worry about since the city has moderate rains.

4. Infrastructure:

The rapid growth of the IT sector and the well-established Automotive sector of Pune have led to the development of its infrastructure. Good connectivity of roads, completion of Phase 1 of Pune metro, and excellent bus connectivity make commuting within the city extremely easy.

5. Connectivity to Mumbai

Pune is well-connected to Mumbai by road and rail. With a travel time of 2.5 to 3 hours, it is a favorable destination for Mumbaikar’s who are looking for land in Pune for investment.

Does this Spark Your Interest in Residential Plots in Pune?

If yes, then explore our on-going plotted development projects: First City, Vintage City, and Escape City.

First City:

This project is spread over a 110-acre property located in Kharpurdi. The 1.55 FSI plots here are surrounded by greenery. With over 15+ amenities this project stands out as one of the most sought after plotted development projects of the area.

Key distances:

  • Chakan Chowk– 15 mins.
  • Pius Memorial High School- 20 mins.

Vintage City:

This is a 25-acre plotting project that has a total of 300 units offering FSI of 1.5. Located close to the Poonawalla Stud Farm, this is the largest N.A. plotted development project in the vicinity. Owning a villa plot here will bring you closer to the hotspots of Magarpatta and Amanora Park Town. This project offers over 8 amenities that cater to all age groups.

Key distances:

  • Pune-Solapur Highway– 5 mins.
  • Urali Kanchan- 10 mins.
  • Magarpatta City- 20 mins.
  • MIT College of Management- 20 mins.

Escape City:

This project is the perfect destination to enjoy 60-acres of resort life right opposite the Bhama Aaskhed Dam. Here you enjoy the opportunity to own plots starting from 1000 sq.ft and indulge in over 10 exclusive amenities.

Key distances:

  • New Talegaon-Chakan highway – 5 mins.
  • Talegaon MIDC – 15mins.
  • Opposite Bhama Aaskhed Dam.
  • Local market – 2 mins.
  • Nearby schools, Hospitals, Banks – 5 to 10 mins.

If you are interested investing in residential plots in Pune, then we would like to show you around these exclusive plotted development projects located in some of the most buzzing locations of Pune.

About Eden Landmarks:

Our group has a strong legacy of over 20 years of transforming the Real Estate landscape of Pune and Mumbai. As one of the oldest and largest developers of Pune we enjoy the reputation of being one of the most trusted Real Estate brands of the city.


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FAQs

1. Which are the on-going plotted development projects in Pune?

There are 3 on-going plotted development projects in Pune by Eden Landmarks. These projects are First City in Chakan, Vintage City in Hadapsar, and Escape City in Talegaon.

2. How is Pune for land investment?

Pune is one of the great locations to invest in land. With the upcoming metro line and infrastructural development, it is a good time to invest in plots in Pune.

3. Where can I buy NA plots in Pune?

You can buy NA plots in Chakan, Talegaon, and Hadapsar in Pune. Eden Landmarks offers plot developed named Escape City, First City, and Vintage City in these locations.

4. Should I invest in plots?

Yes, investing in plots means being the sole owner of the whole land not just a flat. You will have the freedom to customize the plot according to your wish.

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