Real estate developments in Undri
Undri is one of the suburban localities of the bustling city of Pune, located south-west to the city. The region has been witnessing rapid growth and development, especially in terms of real estate and education, for the last few years.
Connectivity
Good connectivity to major cities and towns, plays an important role in the rapid development of the area. The suburb lies in proximity to Mumbai-Pune bypass, and this factor of connectivity adds to the advantages of investing here.
The National Highway-9 lies close-by, less than 7km, from Undri. The eastern IT hub of Pune, Hadapsar, which lies less than 8km from Undri, is well connected to the place by Katrej-Hadapsar Bypass Road and Mohmmadwadi Road. NIBM Road which links with Pervati Road, connects Undri to Pune Cantonment area.
Local trains from nearby railway stations like Sasane Nagar and Sasvad road, enhance the connectivity to Undri from different towns and cities around the region.
Social infrastructure
Educational infrastructure has been developing in a fast-pace in Undri. Famous establishments like Apex Group of Institues, Sinhgad College of Engineering,Rims International School & College,Pune Institute of Computer Technology and Savant College, lie at a distance of less than 10km from Undri.
Development of hospitals, schools and colleges are underway in the town. Other areas of importance and public interest within a radius of 10km around the suburb, include the Corinthians Resort & Club and Race Course.
Residential Projects
The real estate sector has been growing in an unprecedented manner in and around Undri, mainly because of the excellent connectivity provided by the bypasses and the NH-9, and the presence of quality educational and luxury facilities offered by reputed institutes and builders.
Reputed developers like TATA Housing, Marvel Realtors and Developers Limited, Nyati Group and Amit Enterprises Housing Ltd., have established themselves here with their top-notch projects, apart from regional developers like Dreams Group, Vijayalaxmi Developers, Naseeba Constructions and S. P. Infocity.
Projects like ARC Gaurav by Agrawal Raka Construction, Amit Colori by Amit Enterprises Housing Limited, Inora Park by TATA housing Development and Ganga Elika by Goel Ganga Developments offer 2 and 3 BHK apartments in Undri. Some of the other residential projects in the are Supreme Apartment by Hindustan Properties Builders and Developers, Rawat Capstone by Rawat Realty, featuring 2 BHK apartments. The size and price of properties vary from 600-2800sq.ft and 25-75 lacs, depending on the builder reputation.
Price Trends
As per market reports, about 13% of appreciation was recorded in the sale price of multi-storey apartments during the second quarter of 2013, when compared with the same period of 2012. The sale price of residential plots in Undri soared high from about Rs.10,500/sq.yrd., during the second quarter of 2012, to about Rs.18,000/sq.yrd, during the same period in 2013.
