By Mr. Sachin Bhandari, CEO- VTP Realty
New Delhi, July 03, 2018: Today, the western part of Pune is highly dominated with a massive real estate development in Aundh and Baner. This has given rise to sky rocketing property prices and thus making buyers to invest in the peripheral areas. This is one reason that can be attributed to an increase in the construction activity in Dange Chowk. Furthermore the area is advantageously located and boasts connectivity with Hinjewadi – country’s one of the leading IT hub, Baner, Aundh and Wakad. In addition, the Mumbai-Pune-Bangalore highway that passes through Dange Chowk creates a value addition, thus making it beneficial for the frequent commuters of Mumbai and Pune. With its strategic location and its proximity to the nearby areas along with reasonable property prices, Dange Chowk is all set to become as one of the most preferred choices by the homebuyers.
One point that has dominated the mind-set of the consumers for years in terms of investing in residential real estate is the location and its connectivity. Factors like strategic location and its connectivity to the primes areas like Aundh to its east, Baner and Balewadi to the south, Akurdi and Chinchwad in the north while Hinjewadi to its west are few reasons for homebuyers to vouch for a residential real estate investment in Dange Chowk. For people who work in IT companies in Hinjewadi and those who frequently travel to Pune from Mumbai, Dange Chowk stands as the ideal location, reducing the travel time to their offices. It is also important to understand that homebuyers today are well travelled and have more disposable income and hence look for places that provide a better quality of life in sync with their standard of living.It is safe to say that Dange Chowk will soon become a preferred destination as it perfectly suits the taste and requirements of the new-age homebuyers, because of its proximity to several good educational institutions, reputed hospitals, airport and shopping malls.
The development of the industrial infrastructure has always been one of the major concerns of the homebuyers and this point has created a massive shift for the residential real estate market. Another reason for an upsurge in real estate development in Dange Chowk is its easy drive to the industrial belt of Pimpri-Chinchwad that is a home to companies in various sectors like pharma, telecommunication, manufacturing etc. Further contributing to this industrial development is the Chakan and Talegaon MIDC, which makes Pune as one of the major hubs for automotive and manufacturing thus, justifying the growth in the construction activity in Dange Chowk.
The Western suburb of Pune with its well-established industrialand social infrastructure is undeniably a realty hotspot with a combination of both commercial and residential investment prospects. Dange Chowk is an ideal location for developers, investors as well as home seekers. Owing to the increase in demand in this area, many leading real estate players are investing significantly targeting homebuyers from all segments. Affordability, connectivity, investment opportunities, a better lifestyle along with many employment opportunities like Hinjewadi IT park, Chakan industrial belt etc. are the factors that have driven the real estate scenario in Dange Chowk.
Corporate Comm India(CCI Newswire)