Real Estate hotspots in Pune: Magarpatta and Kharadi

Q: Hi, I am looking to buy 2 BHK unit in Pune. I have shortlisted two localities Magarpatta and Kharadi, which one is best location for investment?

Wasim Mohammad, Pune

13th August 2015

Buying property in Pune

magarpatta and kharadi

residential market in pune

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Replies (5)

Hi,Kharadi is the emerging residential destination in Pune.So many projects are launched in this locality.I know one project and I am thinking of buying one 2BHK flat in it.The Project name is Guardian Eastern Meadows by Guardian Buildres.I got details from this site http://guardianeasternmeadows.org/

Roni, Bangalore

17th March 2016

Comment

I have a 2bhk in Magarpatta city at Pune. I purchased it in 2010 and have rented it out for 15 k per month. I had purchased the flat @ 3250 per sq ft. Should I hold on to this flat or sell it and invest somewhere else.Currently, I am not staying in Pune. Please suggest...

Gautam G,

18th December 2015

Comment

The price at Magarpatta city Pune has just doubled in last two years.It's expected to go up further as this area is developing fast. My recommendation might be to keep on hold, it will give good return in next 5 years.

Rohit Marathi, Pune

18th December 2015

Magarpatta city is among the prime vicinity from Pune. MC is fairly old and very costly, but future prospects are particularly excellent seeing that lot of IT corporations have established their base in Magarpatta city.Undoubtedly just right alternative for investing.

Apurva Nagpal, Pune

18th December 2015

Hi, I think Kharadi are also witnessed phenomenal growth in the recent times. Owing to its proximity to Pune Airport and availability of large commercial spaces, the area has become a leading real estate destination on the map of Pune. In addition, it offers simple access to prime areas, for example, Kalyani Nagar and Viman Nagar. Kharadi has transformed into a prime region for commercial and residential properties.

Vatsa Suman, Pune

13th August 2015

Comment

Yes you are right vatsa, Kharadi is now home to a number of IT parks and witnesses a steady demand for quality residential space.Kharadi is next only to Hinjewadi in the number of IT parks. The presence of sound infrastructure and special economic zones enhances the area's demand for buyers.

Rohit Marathi, Pune

13th August 2015

Kharadi is also becoming a favoured target for luxury and premium housing segments.Developers have launched various projects in order to obtain increased demand for affordable as well as premium housing in the two regions.

Sneha Ambedkar, Pune

13th August 2015

I would suggest invest in an apartment in Hadapsar, Wagholi and Magarpatta and you will get good price appreciation in few years.. Later, you can give the flat for rent and get good returns.. I have a flat in Magarpatta of about 1110 sqft and I am getting good offers from buyers .. The current scenario is good along with locality..

Saurav Mishra, Pune

13th August 2015

Comment

Hi, As per current market trends Pune real estate has always been shine on the IT growth in the city. This is one of the main reasons why localities near IT and ITeS sectors are witnessing steadfast growth as compared to others. Magarpatta and Kharadi have emerged as booming destinations for investment.

Rohit Marathi, Pune

13th August 2015

Comment

Magarpatta has emerged as a leading real estate destination. The satellite township spreads over more than 500 acres of land and is very close from the Kharadi IT Park, EON IT Park, Kalyani Nagar, Koregaon Park, Fatima Nagar and the Hadapsar Industrial Estate.Due to increasing Job markets in this localities, areas is showing tremendous growth potential.

Pravakar Saxena, Pune

13th August 2015

The price trends show that a residential property buyer needs to pay average of Rs 7700 to 9100 per sq ft. Rental rates can range between Rs 16,660 and 20,580 for a 2BHK. These can go up to Rs 30K for a 3BHK property.

Vatsa Suman, Pune

13th August 2015

Recently developed D.P. road will connect the northwest region of Magarpatta to Koregaon Park and central business district easily accessible from Magarpatta. This will further boost the real estate activity in this region. Various developer are offering affordable housing in this area.

Siddharth Rana, Pune

13th August 2015