Why Ravet in Pimpri-Chinchwad is a good property investment destination?

Q: Which are the factors that driving the real estate market of Ravet?

Anup Soni, Pune

6th August 2018

Investment Advice in Ravet, Pune

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Ravet is one of the hotspots in the satellite city of PCMC when it comes to real estate projects. The emerging buildings and structures in the area are rendering a picture of advancements in the area. Developers are treating Ravet as the upcoming hot cake for their projects for the following reasons

Upcoming plans of the Government of the metro existing multiple IT companies.
Ample water supply.
Junctions between Talawade and Hinjawadi.
Either way, easy travel to Mumbai or Pune.
Low traffic
Upcoming popular Commercial Projects like Phoenix, etc.
Fast overall development of area.
Demand for improved lifestyle of people.

Laxman,

6th October 2020

Comment

And due to the rapid urbanization of Ravet, The locality which also includes some rural areas, is being developed by the Pradhikaran-Pimpri Chinchwad New Township Development Authority (PCNTDA). It forms an integral part of the urban agglomeration of Pimpri-Chinchwad and is witnessing huge construction activity nowadays. There is a high demand for affordable housing in Ravet. The average property price here is Rs.5500 per sqft. Some of the affordable projects in the locality of Ravet are KCB Bhagyoday Residency and GK Silverland Residency among others.

Deepti Baragur, Pune

7th August 2018

Comment

Apart from that, the Pimpri-Chinchwad industrial belt and popular business and IT Hubs are in the vicinity. It includes Hinjewadi IT Hub, Bajaj Auto Manufacturing Plant, SKF, Telco, to name a few. The presence of commercial spaces has increased the job opportunities in the region and directly augmented the rental demand in the area as well. Some of India's finest educational institutions are present in the region, namely the Indira Institute of Business Management, DY Patil College and Mercedes Benz School. If you planning to Buy flats in Ravet, this is the right time for buying or investing into the real estate of Pune.

Vatsa Suman, Pune

7th August 2018

Hi Anup,
Property investment in Pune has become one of the difficult tasks in the current real estate market. Ravet in Pimpri Chinchwad region is now gradually emerging as yet another promising micro-market for Affordable Housing in Pune. Ravet is the first town that you will see after crossing the Mumbai-Expressway. It is situated in the north-western part of Pune and is close to Pimpri, Talegaon & Chakan. Areas like Aundh, Wakad, Hinjewadi, Baner, Pimple Saudagar are also easily accessible from the region. The township is nestled at the intersection of three major routes viz. Old NH-4 Highway, Katraj-Dehu Road, and Mumbai-Pune Expressway. All the daily basic needs are available within 1-2 km of radius.

Vatsa Suman, Pune

7th August 2018

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