{"id":4192,"date":"2021-11-26T07:30:12","date_gmt":"2021-11-26T07:30:12","guid":{"rendered":"https:\/\/www.propertypistol.com\/blog\/?p=4192"},"modified":"2021-11-26T07:30:19","modified_gmt":"2021-11-26T07:30:19","slug":"everything-youve-always-wanted-to-know-about-the-pimpri-chinchwad-municipal-corporation-pcmc","status":"publish","type":"post","link":"https:\/\/www.propertypistol.com\/blog\/everything-youve-always-wanted-to-know-about-the-pimpri-chinchwad-municipal-corporation-pcmc\/","title":{"rendered":"Everything you&#8217;ve always wanted to know about the Pimpri Chinchwad Municipal Corporation (PCMC)"},"content":{"rendered":"\n<p><em>Here&#8217;s everything you need to understand about the PCMC-affected housing market.<\/em><\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The\nMaharashtra government had to concentrate upon constructing various outlying\ndistricts to increase capacity due to a huge expansion inside the population of\nPune, a countrywide academic centre known as &#8220;India&#8217;s Detroit.&#8221; That\nattempt has resulted in the wonderful ascent of the Pimpri Chinchwad area,\nwhich has emerged as one of Maharashtra&#8217;s major property markets in the last\ndecade.<\/p>\n\n\n\n<p>This locality, that was\npreviously classified as a &#8216;C-class&#8217; site, has since been elevated to a\n&#8216;A-class&#8217; location owing to the efforts of the Pimpri Chinchwad Municipal\nCorporation (PCMC).<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_69 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.propertypistol.com\/blog\/everything-youve-always-wanted-to-know-about-the-pimpri-chinchwad-municipal-corporation-pcmc\/#Geography_of_Pimpri_Chinchwad\" title=\"Geography of Pimpri Chinchwad\">Geography of Pimpri Chinchwad<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.propertypistol.com\/blog\/everything-youve-always-wanted-to-know-about-the-pimpri-chinchwad-municipal-corporation-pcmc\/#Connectivity_in_Pimpri_Chinchwad\" title=\"Connectivity in Pimpri\nChinchwad\">Connectivity in Pimpri\nChinchwad<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.propertypistol.com\/blog\/everything-youve-always-wanted-to-know-about-the-pimpri-chinchwad-municipal-corporation-pcmc\/#Housing_market_in_Pimpri_Chinchwad\" title=\"Housing market in Pimpri\nChinchwad\">Housing market in Pimpri\nChinchwad<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.propertypistol.com\/blog\/everything-youve-always-wanted-to-know-about-the-pimpri-chinchwad-municipal-corporation-pcmc\/#Housing_demand_drivers_at_PCMC\" title=\"Housing demand drivers at\nPCMC\">Housing demand drivers at\nPCMC<\/a><\/li><\/ul><\/nav><\/div>\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Geography_of_Pimpri_Chinchwad\"><\/span><strong>Geography of Pimpri Chinchwad<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>The\nPimpri Chinchwad area has an area of 181 square kilometres and is about 150\nkilometres from India&#8217;s financial hub Mumbai and over 15 kilometres from Pune&#8217;s\ncity centre.<\/p>\n\n\n\n<p>The\nPimpri Chinchwad Municipal Corporation, that was founded on October 11, 1982,\nto assure programmes and projects development of this area, is located near the\nnorth-west side of Pune city.<\/p>\n\n\n\n<p>The\nPCMC area, which is billed as one of Asia&#8217;s largest industrial centres, is made\nup of various minor towns, including Pimpri, Chakan, Chinchwad, Nigdi,\nHinjewadi, Akurdi, Rawat, Bhosari, Punawale, and Sangav.<\/p>\n\n\n\n<p>The PCMC housing market,\nwhich now houses over 20 lakh people, is expected to grow significantly by\n2025, when major infrastructural developments are expected to be completed,\nboosting the area&#8217;s connection net.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Connectivity_in_Pimpri_Chinchwad\"><\/span><strong>Connectivity in Pimpri\nChinchwad<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p><strong>Road<\/strong>:\nHaving access to the city of Pune through the old Mumbai-Pune route, the PCMC\nregion could be reached in under half an hour. The projected Pune Outer Circle\nHighway is anticipated to alleviate traffic congestion between Pune and the\nPimpri-Chinchwad district, while the Panvel-Chakan state highway would increase\ncommunication between the two nodes.<\/p>\n\n\n\n<p><strong>Railway<\/strong>: The Pimpri railway station, the Chinchwad railway station, and the\nAkurdi railway station provide rail connectivity to the area. The\nPimpri-Chinchwad region is also served by the Pune-Lonavala suburban line.<\/p>\n\n\n\n<p><strong>Air<\/strong>:\nWhereas the Pune Airport now serves the PCMC region, when the planned Chakan\nairport opens, air travel from here will become more convenient.<\/p>\n\n\n\n<p><strong>Metro<\/strong>: Plans are in the works\nto link the PCMC region to the metro system. Metro lines connecting Pimpri\nChinchwad and Swargate, as well as Vanaz and Ramwadi, are now being built and\ncould be completed by 2022.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Housing_market_in_Pimpri_Chinchwad\"><\/span><strong>Housing market in Pimpri\nChinchwad<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>Although\nthe PCMC region rose to popularity as an industrial powerhouse, it recently\nbecome a popular home buying destination due to the low cost of living it\nprovided to homeowners.<\/p>\n\n\n\n<p>The\nfact that the neighbourhood was significantly less congested than Pune&#8217;s\ndensely populated major areas prompted some groups of homebuyers to invest in\nPCMC property in order to enjoy quiet time and vast communal spaces.<\/p>\n\n\n\n<p>In fact, the PCMC\nnarrative has been a commercial and a residential success storey, owing to the\nplanned development, which is something that Mumbai and Pune lack.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Housing_demand_drivers_at_PCMC\"><\/span><strong>Housing demand drivers at\nPCMC<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>The\nexistence of industrial regions like as the Pimpri MIDC and the Chakan MIDC, as\nwell as various IT parks, has aided in increasing housing demand in the PCMC\nlocalities\u2014note that the PCMC region now has 2,969 industrial units in\noperation. This tendency is aided by the presence of several educational\ninstitutions in the area.<\/p>\n\n\n\n<p>Currently,\nproperty investment activity in PCMC regions is brisk, with demand for property\nbeing driven by the vast number of people employed inside the area&#8217;s IT and car\nindustries. Several township developments have indeed been launched in various\nlocations of the PCMC in order to meet an increasing number of residents. The\nPCMC region&#8217;s property demand is mostly driven by the inexpensive housing\nmarket.<\/p>\n\n\n\n<p>The\nPCMC sector, perhaps Pune&#8217;s fastest-growing node, continues to grow because to\nits advantageous location and land availability, as well as recent\ninfrastructure projects and affordability.<\/p>\n\n\n\n<p>Its PCMC region&#8217;s growth prospects are also viewed to be aided by the region&#8217;s ever-improving social infrastructure, since the area is home to a large number of reputable educational establishments, hospitals, retail centres, and nightclubs, the amount of which has been steadily increasing.<\/p>\n\n\n\n<p style=\"font-size:12px\"><em><strong>Disclaimer:&nbsp;<\/strong>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<\/em>.\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here&#8217;s everything you need to understand about the PCMC-affected housing market.<\/p>\n","protected":false},"author":2,"featured_media":4193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[79],"tags":[247],"class_list":["post-4192","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-city-insight","tag-pcmc","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Everything you&#039;ve always wanted to know about the Pimpri Chinchwad Municipal Corporation (PCMC) - Real Estate Sector Latest News, Updates &amp; 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