Location and affordability attracting buyers in Charoli

Q: It seems that ideal location and affordable housing are attracting numerous home seekers in Charoli.

Vinay Sharma, Pune

28th February 2014

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Replies (3)

Hi Vinay, Because the property investors who previously focused in mumbai now focusing on Pune .

Maya Roa, Apartment Resident, Chandigarh

12th March 2014

Comment

Hi Sid,
Moreover the area enjoys proximity to high-end areas such as Koregaon Park and Viman Nagar. It is about 12-16 km from the residential area of Koregaon Park and Shivajinagar, and about 10 km from the IT hub of Kalyani Nagar. Charoli is about 6 km from Lohegaon Airport and 13 km from the Pune railway station. In addition, the proposed 170-km Ring Road around Pune and Pimpri-Chinchwad is also expected to impact the property prices in Charoli. This will provide inter-connectivity to Pune and the PCMC and beyond.

Deepti Baragur, Pune

28th February 2014

Comment

Hello Deepti,
Many experts feel that the area is expected to witness appreciation in the coming year. “The locality is likely to see about 30 per cent growth in real estate prices in the coming year. It is a win-win situation for both end-users and investors

Shweta Salunkhe, Pune

28th February 2014

Hi Vinay,
Since the property rates are touching sky high in Kalyan Nagar, Koregaon Park and Viman Nagar, Charoli is offering affordable budget houses in range of Rs. 25-30 lakh with close proximity to Pune airport and railway station.

Saurav Mishra, Pune

28th February 2014

Comment

Hi Saurav,
Yeah this is the point to be noted. Since localities like Kalyan Nagar, Viman Nagar and Koregaon Park reaching saturation point, Charoli comes as a big relief for those looking at limited budget. Since Charoli is an upcoming area and is seeing infrastructure development, the prices here are still affordable compared to other surrounding areas.

Siddharth Rana, Pune

28th February 2014