Is Charoli becoming residential hub for end user?

Q: I have selected few projects in Charholi for my own use, but my friends suggest me not to buy property in this location. Can anyone provide the information about the problems in the locality?

Wasim Mohammad, Pune

9th December 2015

Locality Review in Pune

pune real estate market

charoli

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Replies (3)

I am planning to buy 2 BHK residential projects in this area. Can anyone suggest few good projects in this locality? I really need help to select good builders and projects.

Any suggestion appreciated. Thanks

Rithwik D, Pune

9th December 2015

Comment

Hello,
I would like to suggest one good project Pride Soft City by Pride Group. I have already booked flats in this project. They are going to provide basic amenities with a town center, which should have grocery shops, fruits vegetables, medical shops etc.
All the best!!!

Apurva Nagpal, Pune

9th December 2015

Hi Rithwik,
Various ongoing projects going on in this area.If your budget is low, have a look into this projects:
1. Tanish Orchid Phase II by Tanish Associate
2. Delight Ecopark by Delight Developers
3. Pride World City by Pride Group

Rohit Marathi, Pune

9th December 2015

How about infrastructure development in this area?

Wasim Mohammad, Pune

9th December 2015

Comment

Hi Wasim, I think Charoli large scale of infrastructure development going on. One of the major infrastructure projects that is expected to have a huge impact on realty in the area is the proposed 170-km Ring Road that will run through Pimpri-Chinchwad. The proposed Ring Road would facilitate not only connectivity to the airport but to other areas such as Kharadi in the east and Hinjewadi in the west as well.

Rohit Marathi, Pune

9th December 2015

Thanks dear!! I am trying to maximize the returns on my investment in Pune. I have selected Charoli and I wanted to know the growth pattern?

Vatsa Suman, Pune

9th December 2015

@ Vatsa,
The prices here are still affordable compared to other areas around. The prices in Charoli range in between Rs 2400-Rs 5000 per sq ft. You can also compare the prices, values from a nearby locality like Wagholi where property is available in the range of Rs 4000-4600 per sq ft.

Pravakar Saxena, Pune

9th December 2015

Hi, As per my thinking the price appreciation has remained better in Charoli due to the low affordable rate and scope of appreciation due to infrastructural development and upcoming projects from local as well as established builders.

Apurva Nagpal, Pune

9th December 2015

Hello Wasim,
Charoli, located approximately 20 km north of Pune is rapidly transforming into a hub for lower rate residential property. Affordablity and different factors like the favorable area as well as the connectivity to other locations have additionally prompted buyers to put money into residential property.

Rohit Marathi, Pune

9th December 2015

Comment

I agree with you rohit!!
Charoli is properly connected to all of the predominant areas in the vicinity. There are various connectivity advantages from this location:
a) Proximity to the Pune-Nasik motorway as well as the Mumbai-Pune highway.
b) the Chakan-Shikrapur road as well as the Mundhwa-Kharadi road also offers excellent connectivity to neighbouring areas
c) It is just about 14 km away from the Pune International airport and about 19 km from the Pune railway station.

Pravakar Saxena, Pune

9th December 2015

Charoli is expected to get good capital appreciation in the coming years. The locality is likely to see almost 10 per cent growth in real estate prices in the coming year. It is a win-win situation for both end-users and investors. That why it is one of the upcoming region and saw good infrastructure developments.

Krishnendu, Pune

9th December 2015