Is Keshav Nagar in Pune good for property buying?

Q: In terms of residential property value, how Keshavnagar in Pune Mundhwa area benefits?

Bhaskar Chandavarkar, Pune

3rd August 2018

Locality Review in Keshav Nagar, Pune

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Property rates are bit costlier In Keshav Nagar than Wagholi. Nearby localities include Lohegaon, Wagholi, Chandan Nagar and Kharadi. Due to the arrival of various IT majors and other multi-national companies (MNCs), the city of Pune has been witnessing a rapid growth in an influx of working population from outside the city. As a result, there has been a surge in the demand for residential apartments in Keshav Nagar. The combination of these factors clearly places Keshav Nagar, most demanding property investment hot-spots. Here is the list of residential properties for sale in Keshav Nagar, Pune.

Ramdas Palsule, Pune

6th August 2018

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Hi Bhaskar,
Keshav Nagar is one of the fast-developing locations, located in the Eastern suburbs of Pune. Its proximity to Magarpatta City, City Center, and IT Parks have made it an attractive hotspot for real estate developers and IT professionals, who are working in Magarpatta City or Kharadi IT Park. These two large IT zones are located at a distance of about 4 -5 km via Magarpatta Road. The area is easily accessible from the Central Business District of the city, Camp, and Pune Railway Station via Ghorpadi Road and Magarpatta Road. The locality falls under the Pune Metropolitan Region Development Authority. With the presence of daily necessities and commuting options, Keshav Nagar is good to Properties for sale in Keshav Nagar, Pune.

Bhaskar Chandavarkar, Pune

6th August 2018

Comment

Apart from that, the city has two growth corridors on the eastern and western side. On the western side, the growth is towards the Hinjewadi IT Park and the industrial belt of Talegaon and Chakan. The western corridor has easy access to the Mumbai-Pune Expressway. The eastern corridor has good connectivity to other parts of Pune such as Pune Junction and the airport. There is more demand for housing on the eastern side mainly because of the good social and physical infrastructure in the area. The current property rate in the locality range between Rs.4800 - 7100 per sqft.while the average property rate is Rs.5950 per sqft. Some of the Upcoming or new projects in Keshav Nagar, Pune in the locality are Godrej Infinity, Alcon Silverleaf, Karia Konark La Villa etc.

Vinay Sharma, Pune

6th August 2018