Is it worth to buy a flat in Chakan, Pune?

Q: Can i get some useful information about Chakan locality?

Deepti Baragur, Pune

9th August 2018

Buying property in Chakan, Pune

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apartments for sale in chakan

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DTCP approved residential land
FARM GROVE, Srinivasa Nagar Kazhipattur OMR Chennai 603103
3.25 grounds Corner Plot adjacent to SIPCOT Siruseri with spacious house
Gated community in a Developing area
Good Investment Total cost 1.65 crores
Landmark Inbetween Anand Institute and Bharat Petroleum Bunk
Owner WhatsApp 9884260309

Karuna,

11th August 2018

Comment

The proposed site of the new international airport is around 6 km from Chakan while the Phase III of the Pune Metro is also set to pass through the area. With these infrastructural upgrades, not only will the connectivity improve, but even the rates of residential properties are expected to increase high. Phase-3 alignment of Pune Metro Rail with one of its route is supposed to connect Chakan with Moshi will create a huge demand for residential properties and developments in the locality. The average property rates in Chakan is Rs.3500 per sqft. The property rate in Chakan is more affordable than its neighboring localities. Buying a flat in Chakan will be a wise decision if your investment time frame is 5-7 years for getting the better appreciation.

Krishnendu, Pune

10th August 2018

Comment

Hi Deepti,
Chakan is a locality situated on NH 50 and is about 34 km away from the city of Pune. Bhueekot Killa and the Chakreshwar Temple are some of the places of tourist interest around Chakan. Om Sai Nagar, Shree Swami Samarth Colony, Swapna Nagari and Ekta Nagar are its neighboring areas. Due to plenty of upcoming Automobile Industries established in this area, Chakan has seen multi-fold growth. Some of the famous places to visit around Chakan are Panaji Beach, Aurangabad, Kalyan, Bijapur, Satara, Nanded, Latour, and Badami. With over 750 small and big industries, Chakan has emerged as an Automobile Hub. The proposed site of the new international airport is around 6 km from Chakan while the Phase III of the Pune Metro is also set to pass through the area.

Krishnendu, Pune

10th August 2018

Comment

As far as locality's connectivity is concerned, Located closer to the Mumbai-Pune Highway, Pune-Nashik Highway and Pune-Ahmednagar-Aurangabad Highway, Chakan enjoys great road connectivity with Talegaon-Chakan Road, Chakan Shikrapur Road. Auto rickshaws and bus services operated by PMPML are the basic means of road transport, and the bus services connect Chakan to Pune and Pimpri-Chinchwad areas. Chinchwad Railway Station, Pimpri Railway Station, Kasarwadi Railway Station, Dehu Road Railway Station, Dapodi Railway Station and Akurdi Railway station is nearby railway stations to Chakan. Pune International Airport is located at a distance of 28 km via Chakan Alandi Road. The presence of Banks, ATM’s, Schools, Hospitals and retail stores etc. in the locality makes Chakan a self-sustained locality.

Rohit Marathi, Pune

10th August 2018