Hi, The residential property rates in this fast developing locality are varying between Rs. 3000 per sqft and Rs. 4550 per sqft, depending on the precise location and features/amenities offered by the builder. Wagholi is definitely the ideal location in Pune for developers, investors and home buyers showing a steady price appreciation since the last two years. Currently, you can expect Rental value RS 5000 to RS 8000 for 2 BHK unit.
Hi, Yes irregular water and power supply are two main concerns of this locality as the area is still not under the limits of the Pune Municipal Corporation.Most of the builder is providing own borewell water supply.Recently, Nagar Road was upgraded to a six-lane road and a road directly linking Wagholi to EON IT Park is under-construction.This will increase the value of properties in this area.
Hi all, well I have noticed that lot of information is spread in this link regarding the project and location review, my queries is that I am an investor and looking properties in this location for future used, what kind of appreciation I expect from renting the properties?
Thanks dear for giving localities review of Wagholi, but Affordability, social infrastructure development and proximity to IT hubs are the other influencing factors are causing developers, investors and home buyers to attract in this area.
Wagholi, being outskirts city limits, is a warehousing and Industrial hub of East Pune and has
witnessed major real estate movement owing to affordability factor and land availability.Wagholi, located on the Pune-Nagar Highway close to the Kharadi IT hub, has been enjoying rapid development in terms of real estate, social infrastructure and education sectors. The area, once a predominantly industrial region, is now a sought-after residential destination among both investors and buyers.
Hi Abhijit, Palm Atlantis is launched in April 2013 and launched price is approx Rs 3550 per sq ft and within 2 years you can see the price movement is up and as per my calculations price of these localities increased within 5 yrs.
Hi, This project is covered under 5 acres of land and total of 340 units with 5 towers, wing A and wing B is almost completed and the builder is ready to give possession till Dec 2015 and rest C, D and E wings construction is in full pace.
Hi Abhijit, Well few days back, I have contacts with the salesperson of the builder regarding this project and he said that the project is approved by the PMC under township planning. Yes, as per builder, he has tied up with ICICI, HDFC and Axis and SBI.
Hi Wasim, Pal, Atlantis is one of the best the option for investment. One of the advantages of this project is located Wagholi which is the promising destination in the long run. Currently, the rate per sq ft is Rs 3794 and project will be going to complete till dec 2017.