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High demand for 2 BHK apartments in Pimpri-Chinchwad, Pune

ranjan.j

Pimpri-Chinchwad, PuneThe Pimpri-Chinchwad locality on the northern fringe of Pune falls under the administration of the Pimpri-Chinchwad Municipal Corporation (PCMC). Located about 15 km from the heart of the city, it has many residential areas which are fast developing where many apartment projects have already come up while many others are in various stages of completion. Some of these areas that fall under the jurisdiction of PCMC are Pimpri, Chinchwad, Pimple Nilakh, Pimple Gurav, Pimple Saudagar and Rahatani. An important aspect that is observed here with regard to residential apartments is the considerably higher demand witnessed for 2 BHK apartments over others. This is based on data listed with CommonFloor.

Pimpri

Pimpri is a prominent residential area under PCMC with many apartment projects. Some of the important completed apartment projects here are Ganga Skies by Goel Ganga Group, Kohinoor Shangrila by Kohinoor Group and Mahindra Royale by Mahindra Lifespace Developers, among others. Some of the major upcoming apartment projects here are Wisdom Park by Chandrarang Developers and Builders, Sukhwani Niketan by Sukhwani Constructions and Jhamtani Impressions by Jhamtani Group, among others. As per data listed with CommonFloor, among completed apartment projects here, 2 BHK units constitute about 45 per cent of the total listings compared to 31 per cent 1 BHK, 22 per cent 3 BHK and 2 per cent 4 BHK listings. Similarly, for upcoming projects, 2 BHK units make up 33 per cent of the total listings.

Chinchwad

Chinchwad is another important residential micro-market in PCMC. Some of the important completed apartment projects here are Mind Space Queenstown by Mind Space Realty, Kunal Nakshatram by Kunal Group and Samruddhi High Bliss by Samruddhi Associates, among others. Upcoming apartment projects in the area include Empire Square by Empire Properties, Ellora Nakshatra by Ellora Group and Shreyas Raaga by Shreyas Shelters, among others. Among completed projects here, 2 BHK units constitute 49 per cent of the listings compared to 25 per cent 3 BHK, 23 per cent 1 BHK and 3 per cent 4 BHK listings. Again 2 BHK units outscored others with 53 per cent of the listings for upcoming projects compared to 37 per cent for 3 BHK and 1 per cent each for 1 and 4 BHK listings.

Pimple Nilakh

Pimple Nilakh located about 6 km south of PCMC is another prominent residential area in the locality. Among the prominent completed apartment projects in the area include Midori Towers by Vikram Developers, Bora Planet by Bora Associates and Snehal Classic by Sneh Construction Group, among others. Among upcoming apartment projects there are many important ones like Kolte Patil 24K Jazz by Kolte Patil Developers, NSG Royal One by NSG Group and Vaishnavi Sahil Heights by Vaishnavi Builders, among others. 2 BHK units constitute about 54 per cent of the total listings compared to 29 per cent 1 BHK, 14 per cent 3 BHK and 3 per cent 4 BHK listings. Among upcoming projects, 2 BHK units make up about 37 per cent of the listings.

Pimple Gurav

Pimple Gurav is located about 5 km south-east of PCMC with many residential projects based here. Some of the prominent completed apartment projects here are Kate Puram Phase II by Kate Group, Jagtap Patil Sai Laurel Park by Jagtap Patil Promoters and Builders and Sharda Surya Nagri by Sharda Group, among others. There are also many upcoming apartment projects like Basileo Apartments by Chandrarang Developers and Builders, Sai Nakshatra Shri Kalpvruksha by Sai Nakshatra Associated and Jagtap Patil Engracia by Jagtap Patil Promoters and Builders, among others. Among completed apartments, 2 BHK units constitute about 50 per cent of the total listings compared to about 25 per cent each for 1 and 3 BHK listings. Besides, they also constitute about 67 per cent of upcoming apartment listings.

Pimple Saudagar

Pimple Saudagar is located about 6 km south of PCMC and has the maximum number of apartment projects in the locality. Some of the important completed apartment projects here are Kunal Icon by Kunal Group, Atul Alcove by Atul Group and Siddhivinayak Ginger by Siddhivinayak Group, among others. Among the upcoming apartment projects here some of the renowned ones include GK Rose Icon by GK Developers, Yash Sankul by Yash Promoters and Builders and Bhojwani Samruddhi Park by Bhojwani Homes, among others. Among completed apartment projects in the area, 2 BHK units constitute about 45 per cent of the listings compared to 37 per cent 3 BHK, and 18 per cent 1 BHK listings. For upcoming apartment projects as well 2 BHK units beat others with 50 per cent demand compared to 39 per cent 3 BHK, 7 per cent 4 BHK and 4 per cent 1 BHK listings.

Rahatani

Rahatani which is located about 5 km south-west of PCMC has also a fair number of residential projects. Some of the prominent completed apartment projects in the area are Kasturi Element 5 by Kasturi Housing, Mirchandani Palms by Mirchandani Group and Pristine Sunshine Greens by Pristine Properties, among others. There are also many upcoming apartment projects here that include Crystal Park by Namrada Park, Sree Mangal Saj Marina by Sree Mangal Projects and Shree Ganesh Graceland by Gobind Builders and Developers, among others. Among completed apartment projects, 2 BHK units constitute about 47 per cent of the total listings compared to 32 per cent of 1 BHK and 21 per cent of 3 BHK listings. For upcoming apartment projects, again 2 BHK units constitute about 47 per cent of the listings.

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