A summary of the property market in Pimpri Chinchwad
Pimpri Chinchwad is one of Pune’s rapidly rising suburban neighbourhoods,
Located adjacent to the city’s industrial zones and IT centres. The neighbourhood is well-equipped with civic amenities and is well-connected to the rest of Pune.
Pimpri Chinchwad is a prestigious residential neighbourhood in Pune’s western suburbs. Until recently, it was a rural region. There are several business and industrial zones in the region. Many well-known areas of Pune’s metropolis, such as Pimpri, Chinchwad, Pimple Gurav, Bhosari, and Sangvi, are located near Pimpri Chinchwad. All of these locations, as well as a few more, make up the Pimpri Chinchwad urban agglomeration. There are many different types of projects accessible in this area, ranging from inexpensive to magnificent. Many reputable builders, such as BU Bhandari Landmarks, Mahindra Lifespaces, and Sukhwani Group, are working on various projects in Pimpri Chinchwad. Mahindra Lifespaces The Woods, SukhwaniUdyan, and Kalpataru Harmony are some of the most well-known developments in Pimpri Chinchwad.
Pune has seen a tremendous influx of working people from outside due to the arrival of different IT majors and other multi-national enterprises (MNCs). As a result, there has been an increase in demand for residential homes in Pimpri Chinchwad, one of Pune’s most well-known neighbourhoods. Despite the fact that the costs of flats in Pimpri Chinchwad are increasing, inexpensive accommodation for mid- and junior-level executives of various firms may still be found here.
Pimpri Chinchwad has witnessed significant growth in recent years, and the government is eager to further develop the region as a modern town. As a result, it has approved a number of initiatives in this area. The quality of life in the city has improved. The expansion of the retail and hotel industries in the area has been fueled by industrial growth and the rise of the IT industry.
Localities in Pimpri Chinchwad are easily accessible
- The Wakad Road, the Mumbai-Pune Expressway, Kalewadi Main Road, and Spine Road are some of the significant routes that go through the area.
- The Pimpri Chinchwad Bus Stand and the Shivaji Nagar Bus Stand are both within walking distance of the region.
- Pimpri and Chinchwad both have railway stations from which passengers can access railway services.
- The airport in Pune is around 40 minutes away from Pimpri Chinchwad.
Near Pimpri Chinchwad, there are several employment centres
- Pimpri Chinchwad is around 10 kilometres away from Rajiv Gandhi InfoTech Park.
- DLF Akruti IT Park is around 15 kilometres away.
- Panchshil Tech Park is around 8 kilometres away.
- International Tech Park is around 11 kilometres away from the neighbourhood.
There are several reasons to invest in Pimpri Chinchwad
Given the expanding demand and rising price trends in Pimpri Chinchwad, the area would be a smart investment. Property values are rising rapidly, and a number of new developments are being constructed. Furthermore, the neighbourhood is in close proximity to Pune’s IT/ITeS cluster and industrial zones. Many projects in Pimpri Chinchwad have received government approval. As a result, there is a potential for infrastructural development. Pimpri Chinchwad is a great spot to invest because of all of these reasons.
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.
