Infrastructure will route realty development in Viman Nagar Wagholi stretch

The real estate market of Pune has borne testimony to a complete ‘makeover’ in the last few years and the Viman Nagar-Wagholi corridor, one of the growth nodes of the city, has emerged as the perfect example in this regard. Popularly known as the Nagar Road, the area has come under the radar of home buyers and investors due to the presence of a number of IT/ITes industry in the stretch.

With Kharadi turning into an expensive zone, the demand for residential units have shifted to Wagholi. Developers present in the stretch (such as Marvel Realtors, Sai Properties, WS Developers, Gagan Global Developers etc.) have been launching new projects within a price bracket Rs 3,000-3,500 per sq ft, much less Rs 5,000-5,500 per sq ft offered in Kharadi.

Infrastructure in Viman Nagar

The real estate market along Viman Nagar took off due to its proximity to Kalyani Nagar, another IT centric location. Swift connectivity and public transport systems have played a major role in enhancing the real estate market along in this belt.Viman Nagar is just half a kilometer away from the Pune Airport located between Viman Nagar and Lohegaon and about six kilometers from Pune railway station

Located near Lohegaon airport, the stretch offers excellent connectivity by virtue of regular bus routes and a much-improved road network. It can be easily reached from the airport as well as the railway station.Development of residential infrastructure over the years has now made Viman Nagar one of the most preferred areas for immigrant software professionals,”

Infrastructure in Wagholi

Wagholi is also a sought after residential destination in Pune now the locality has been witnessing some developments off-late. The Nagar road has been widened to six lanes. Also, the area is proposed to be a tangent to the ring road which will be planned to surround the city,” he adds.

In addition, the road connecting Wagholi to Eon IT Park, which goes through the Nagar Road, is under construction. Another flyover is proposed on the road connecting Wagholi to Shikrapur in the opposite direction. A road connecting to Eon IT park is under construction and a flyover connecting Wagholi to Shikrapur is been proposed