What are the best real estate investment areas in Pune with a budget of 30-35 lakhs?

Q: What are the USP of Chikhali? Can i get good ROI after 7-10 years?

Sunil Kulkarni, Pune

21st August 2018

Buying property in Chikhali, Pune

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real estate in chikhali

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Located close to the Pune-Nagpur Highway, Chikhali has IT Parks, automobiles industries and factories in its vicinity. It has the finest infrastructure including hospitals, markets, schools, shopping malls, institutes for higher education as well as the new international airport and railway stations in the vicinity. Property rates in the locality range between Rs.3955 to Rs.5960 per sqft.
Chikhali is well connected by rail and road networks. The area has an extensive bus service and the Chinchwad Bus Stand and the Bhosari Bus Stand lie in close vicinity. Mahanagar Parivahan Mahamandal Ltd, BRTS, and a host of other private buses connect the area to neighboring areas.
It has excellent connectivity to Pune International Airport which is located at a distance of 27.5 km via Alandi Road and Pune - Alandi Road. Chinchwad is the nearest and major railway station to Chikhali situated at a distance of 6.9 km via Chikhali - Kaspate Vasti BRTS Road.

Siddharth Rana, Pune

22nd August 2018

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The civic amenities have also improved here. The industrial and IT sector growth have led to the development of the retail and hospitality sector as well. The government is also keen to develop the area as a modern town. Thus, it has given permission to a number of residential projects in Chikhali. This initiative by govt will increase the demand of rental property market in Chikhali.

Sneha Ambedkar, Pune

22nd August 2018

Hello Sunil,
Chikhali is a village in Ambegaon Taluka, situated in the north of Pune. It comes under the supervision of Pimpri-Chinchwad Municipal Corporation (PCMC). It is about 20.5 km from Pune and 140 km from Mumbai. This location houses a major MIDC hub. This locality is majorly occupied by the low-income group employed within MIDC. This is the major customer segment for affordable residential properties. Residential project activities are observed in large numbers here.

Sneha Ambedkar, Pune

22nd August 2018

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