Why invest in Wagholi, Pune?
There are several emerging neighborhoods in Pune where you may invest in real estate that promise high profits and the potential for future infrastructure growth. In terms of long-term investments, Wagholi is one of those places that you could well remember. The important Pune-Nagar Highway strategically passes through Wagholi, which is also close to Kharadi, a major IT hub with some IT parks and offices located there.
This frequently makes Wagholi a popular holiday destination for those working in Kharadi’s IT sector, which has increased demand for residential properties in the area. Another reason for the increasing demand for resources in Wagholi is that it is situated close to major commercial areas like Ranjangaon and Shikrapur. Nearby are several company and automotive hubs, and people working in such sectors are mostly looking for homes in Wagholi. Buyers have a wide range of options in Wagholi, from modest homes to luxurious residences. Within the neighborhood, investment opportunities and values have increased noticeably during the last five years.
The civic infrastructure of Wagholi is first-rate, and residents may rely on appropriate social services including retail enterprises, reputable academic institutions, and major hospitals nearby. Several well-known institutions have built branches in the neighborhood, and a few reputable international board schools have also opened. Additionally, major areas like Kalyani Nagar, Koregaon Park, and Mundhwa are properly connected to Wagholi. Additionally, the Hadapsar Kharadi IT Park is conveniently accessible from the area.
Another thing to keep in mind is that Wagholi’s asset prices are still relatively reasonable when compared to those in other areas on the city’s periphery. In light of this, now is an excellent moment to invest locally. The area is likely to swiftly revert to being governed by the PMC (Pune Municipal Corporation), and once that occurs, growth should proceed even faster. While an IT Park is currently being created in the area, there is also the possibility of building a brand-new Ring Road near Wagholi.
Over the coming several years, a rise in asset charges will undoubtedly be brought on by these characteristics and various infrastructure improvements. Due to its low costs, developed social infrastructure, and benefits of connection, Wagholi provides a very desirable investment location.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
