Why Pisoli is witnessing tremendous construction activity and is an ideal place to invest?

Q: Why Pisoli is witnessing tremendous construction activity and is an ideal place to invest?

david.m,

24th December 2015

Locality Review in Pune

pune realty market

pisoli

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Replies (3)

After reading this thread I like to know which are the major developer coming up with new innovative project?

Sashidharan,

24th December 2015

Comment

Pisoli is an ideal place to invest because the area has a lot to look forward to besides being affordable. Following are the Reputed developers coming up with new project:
a) Kumar Urban Development Ltd, among others, already have their prestigious projects in the pipeline.
b) Dreams Group
c) Gagan Properties

Rithwik D, Pune

24th December 2015

Hi, I think plenty of good and reputed developers are already existing in this area like Kolte Patil, Puraniks, Nyati, Dreams Group, Kalpataru, Paranjape, Clover, etc

Vatsa Suman, Pune

24th December 2015

Thanks all,What is the ticket price of different type of configuration?

david.m,

24th December 2015

Comment

Hi, Few day back I meet with one of the top broker of Pisoli, as per his finding following are the ticket prise in this area:
a) The ticket size of a 1BHK compact unit would be between Rs 18-22 lakh.
b) 2BHK compact unit would be between Rs 32-40 lakh
c) 3BHK compact unit would range between Rs 38-Rs 46 lakh.

Vatsa Suman, Pune

24th December 2015

Tell me about the growth potential of this location and what is the expected future of Pisoli?

david.m,

24th December 2015

According to real estate expert, The property rates in the last three years have gone up by over 30% in Pisoli which is a healthy 10-12 % year-on-year capital appreciation

Vatsa Suman, Pune

24th December 2015

Pisoli used to be a small village in Haveli taluka, an extension of Pune which is simply known as farmland. Because of access of IT and business growth of city, property costs increase rapidly in this locations. Now a days the developers also start exploring new and cheap vicinity which would have accessibility and acceptability.

Rithwik D, Pune

24th December 2015

Thanks all, for such a healthy discussion.I would like to know what challenges does Pisoli area is facing right now?

david.m,

24th December 2015

Apart from rapid growth of Pisoli, still area is facing various challenge:
a) Public infrastructure continues to be a major challenge for the Pisoli region unless the location comes under the purview of the Pune Municipal Corporation.
b) The major responsibility of PMC is to look after the civic and infrastructural needs of the citizens of Pune.
c) Water supply issue.

Rithwik D, Pune

24th December 2015

What about water supply in this area? I heard that this area is facing water problem, Is it true?

Vatsa Suman, Pune

24th December 2015

Yes dear, Water supply and poor infrastructure is the most important hindrance on this area. At present, various construction is going on in and around the area Prior, the area used to be a farmland. Most likely if developers do an excellent job, the area could bloom in future.

Rithwik D, Pune

24th December 2015

Pisoli is strategically located as the Mumbai-Pune bypass lies in its proximity. Also, it's well connected to town centres.It is located eight km from M.G. Road which is called main center of Pune city and is about 6 Kms from National Highway 48 (Mumbai-Pune bypass) thus creating the location more accessible from the other part of Pune.

Apurva Nagpal, Pune

24th December 2015

Comment

Pisoli is affordable destination as off now for the mid-segment group. The capital value is also lowest if we are comparing from other part like NIBM, Undri , Mohamadwadi and Kondhwa. The current prevailing residential rate is between Rs 3900 and Rs 4500 per sq ft.

Vatsa Suman, Pune

24th December 2015