Sopan Baug in East Pune sees high demand for luxury homes
Sopan Baug, located about 7 km east of Central Pune, is fast developing into an area renowned for luxury residential property. After the IT hubs like Koregaon Park, Viman Nagar and Kalyani Nagar, Sopan Baug is an area which is preferred by the upwardly mobile population of Pune for a peaceful and luxurious living. There are many luxury residential projects that have come up in the area in recent times due to the large land parcels available in the area. Besides, there are other factors like the connectivity, infrastructure, proximity to the IT hubs, as well as the varied choice for luxury living that have resulted in this rise in demand for luxury residences in the area.
Connectivity:
Sopan Baug offers excellent connectivity to all the areas in the vicinity as well as across the city. Strategically located between the Mumbai-Pune highway and the Mundhwa-Kharadi road, it is equidistant from both these major roads in the city. While it is about 4 km away from the Mumbai-Pune highway, it is just about 1.5 km away from the Pune-Sholapur road. The Pune railway station is located about 5 km from the area, while the Pune International airport is located 11 km away.
Infrastructure:
The infrastructure of Sopan Baug is still in a developing stage with the area having the potential to develop into a hub for excellent infrastructural facilities. Currently, the social infrastructure facilities are quite adequate. Some of the reputed schools in the area are The Army Public School, St. Vincent’s High School, The Bishop’s Camp etc. Besides, there are some important health care facilities, banks, shopping centers etc. in the area.
Proximity to IT hubs:
The area is in close proximity to the IT hubs like Koregaon Park, Kalyani Nagar and Viman Nagar. While it is about 6 km from Koregaon Park, it is 8 km from Kalyani Nagar and 10 km from Viman Nagar. Besides, there are many prominent IT companies in the vicinity. Most of the luxury residential property in the area is occupied by IT professionals with high disposable incomes. Commuting to their workplace from here is a breeze for them. This coupled with the peaceful existence that the area can boast of has increased the demand for luxury residences among the IT professionals.
Prices and amenities:
Most of the luxury residences in the area are either 3 or 4 BHK apartments or villas. The prices of such units range between Rs.1-3 crore with their sizes ranging from 1500-3500 per sq. ft. Some of the common amenities that developers provide include elevators, swimming pools, gym, clubhouse, different indoor and outdoor sport facilities, landscaped gardens, water bodies etc. The personalised features provided include dedicated parking facilities, CCTV and biometric access, Wi-Fi internet connectivity, as well as personalised swimming and gym in case of luxury villas.
Projects and developers:
Some of the prominent completed luxury projects in Sopan Baug include Amar Ambience by Amar Builders, Raviraj Siciliaa by Raviraj Group, Clover Olympus by Clover Builders etc. Some of the ongoing projects in the area belonging to this category are Parmar Avienus by Parmar Group Promoters, Kool Home Blue Lotus by Kool Homes Builders, Ganga Melrose by Ganga Developments etc.
Future Prospects:
Due to the huge demand for luxury residences in the area, it presents a lucrative opportunity for developers to construct projects in the area. Besides, the availability of large parcels of land also augurs well for developers. With the infrastructure of the area set to get a much-needed boost, it will propel the demand for luxury residential property in future, thereby sending prices northward.
