Overview of Kothrud Real Estate Sector

Kothrud is a fast-expanding Pune neighbourhood that is near to the city’s industrial zones and information technology centres. The neighbourhood offers strong essential facilities and is well-connected to the rest of the Pune metropolitan region.

Kothrud is a prime residential neighbourhood in Pune’s western suburbs, as well as one of the city’s oldest localities.

The region was known as Kothrud Baag during the Peshwas’ reign. Mastani, Peshwa Bajirao’s wife, used to live in Kothrud. The Svatantryaveer Savarkar Flyover, Pune’s first flyover, was also constructed here. Many well-known Pune neighbourhoods surround Kothrud, including Bavdhan, Dhayari, Pirangut, and Narhe. There are several projects available in the region, ranging from inexpensive to lavish.

Many reputable builders, such as Raviraj, Kundan Spaces, and Sobha, are working on various projects in Kothrud.Raviraj Green Clouds, Kundan Spaces Grand Stand, and Amrut Runwal Meadows are some of the most prominent developments in Kothrud.

The city of Pune has seen a fast increase in the migration of working people from outside the city as a result of the arrival of several IT majors and other multi-national corporations (MNCs). As a result, there has been an increase in demand for residential flats in Kothrud, which is one of Pune’s well-known neighbourhoods. However, the costs of apartments in Kothrud are rapidly rising, inexpensive accommodation to meet the demands of mid-and junior-level executives from various firms can still be found here. Consider these points before investing in Kothrud.

Connectivity to neighbouring Kothrud areas

• The Satara Road, the Mumbai-Bengaluru Highway, the Paud Road, and the Karve Road are some of the important highways that pass through the area.
• The Kothrud Bus Stand and the Kothrud Bus Depot are nearby, and the region offers significant bus services.
• Shivaji Nagar has a railway station from which to access railway services. Kothrud is around 7 kilometres away from the railway station.
• The airport in Pune is roughly a half-hour drive from Kothrud.

Employment opportunities in the vicinity of Kothrud

• Sharda Centre is situated in the Kothrud neighbourhood.
• The ICC Towers and the Mahratta Chamber Of Commerce Industries & Agriculture are roughly 2 kilometres apart.
• RMZ Westend is around 6 kilometres away.
• The Nanospace IT Park is around 9 kilometres away from the neighbourhood.

Motives for Investing in Kothrud

the pricing trends in Kothrud are growing exponentially, as per reports Kothrud has seen yearly Price appreciation, around 20%, and the demand of neighbourhood would be an excellent place to invest in coming years.Property values are rising rapidly, thanks to a slew of new developments being built in the area. Furthermore, the region is in close vicinity to Pune’s IT/ITES cluster and industrial zones. Kothrud is already an affluent neighbourhood in Pune, and the government intends to further expand it. As a result, the potential for infrastructural development exists. Given all of these characteristics, Kothrud is an ideal area to invest.

Conclusion

Purchasing a home in Pune can be a time-consuming process, but selecting the proper location is the most essential stage, on which many other decisions are dependent. So, choose wisely.

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.