Real estate boom in Hadapsar
Hadapsar is the suburbs located in east of Pune, Maharastra. This area is developing rapidly and offers the discerning investor a sound investment opportunity. Many big real estate projects, such as Magarpatta City and Amanora have come up in the surroundings of Hadapsar.
Connectivity
National Highway (NH-9) that connects Mumbai with Hyderabad passes through Hadapsar, it also connects Pune with solapur road, providing excellent connectivity. Hadapsar area can also be easily accessed through roads such as Saswad Road (1.8 km), Handewadi road (2.9 km), B T Kawade road (7.1 km). Sasane Nagar Railway Station (2 km) is the nearest access point. From Hadapsar to Pune Junction Railway Station (9.4 km). It takes around 25 minutes drive from Hadapsar to Pune International Airport (14.8 km).
Public Transport
Hadapsar is well connected to the other parts of the city by PMPML (Pune Mahanagar Parivahan Mahamandal Ltd). It also operates AC buses on the Katraj-Hadapsar BRT Route. Nearest bus stands are Magar Patta, Navshakti ayurvedic Duwakhana and Shivaji nagar
Social Infrastructure
There are a lot of schools like Success Education Foundation, The Orbis School, Amanora School and colleges like P.D.E.A.’s College of Engineering, Annasaheb Magar College, College of Engineering Hadapsar, Ayurvedic college, ISMR and few more. There are many temples in Hadapsar. Some gardens are also famous in this area such as Aditi garden, Anandi garden, Nandini garden. Nearest hospital Chaintanya(2.2 km) cross through NH-9.
Real Estate
Hadapsar has been developing rapidly, emerged as preferred locations for the IT sector. These locations serve not only as hubs for IT activities but are also preferred residential destinations. The property transactions have grown tremendously in Hadapsar. The corporates prefer to buy apartments in townships like Magarpatta and Amanora, which offer a complete package of amenities. Marvel is also coming up with many good projects here. 2BHK Multistory apartments and bungalows are preferred by the home buyers. The size of residential units of 1BHK usually starts from 630 square feet, while 2BHK units are available in 1065 square feet; 3BHK units generally are sold within 1120 square feet.
The presence of IT is the biggest housing demand for this area. Areas like Sasane road and Hinjewadi road are rapidly growing. The Mega Centre on Solapur road is the biggest commercial-cum-retail development in Hadapsar. The locality also encompasses the best of amenities necessary for smooth living and hence the demand is high.
Magarpatta was the first township in Pune. It is a place mostly for IT/ITES community. Some of the major projects in this area are Royal Enrich, Marvel Kyra, Marvel Arco, Konark Vista, Marvel Bounty, Nirvana etc. Amarona Park is a complete mega township in Pune with luxurious upcoming projects such as Swarovski Gateway Towers, and Aspire Towers.
Price Trends
Major development has been witnessed by the locality of Hadapsar, properties belonging to various typologies can be found within the locality. Multi-storey apartments offering 2 BHK and 3 BHK units fall under the price range beginning from Rs 4,447 to 6,583 per square feet while residential plots are being sold at an approximate Rs 21,400 per square yards. Apartments in Hadapsar are available at the rental value of Rs 14 per square feet. Since the first quarter of the last fiscal, prices have seen an increment by almost 8 per cent.
