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Pune's infrastructure is set for a significant boost with upcoming projects like the Airport Expansion, Ring Road, Metro Rail, and Smart City Mission, promising improved connectivity and enhanced living standards for residents.Let’s check out the current updates of these projects.
Pune Airport Expansion Project
Photo Credit- Zee News
The expansion of Pune International Airport is ongoing, and a new terminal building is nearly completed. Initially, the new airport was planned within Pune City but faced objections from residents, leading to a shift in location to Purandar tehsil in 2015. However, due to opposition from some farmers owning the land, a revised proposal was presented to the Centre, and the final decision on the new airport is yet to be confirmed. Meanwhile, the current airport's expansion is being pursued.
Benefits Benefits of Pune Airport Expansion:
- Increased capacity to handle more passengers and cargo, reducing congestion and meeting growing demand for air travel in the region.
- Improved infrastructure with a new terminal building, taxiway, and apron parking bays, offering a better travel experience.
- Boost tourism and the local economy, attracting more tourists and enabling handling of increased international flights, making Pune a more accessible global destination.
Current Status
The expansion work is 55% complete, and the entire new building and the existing terminal are set to finish by the end of 2023. The combined space will cover 7,50,000 square feet, accommodating 16 MPPA passenger capacity, featuring 72 check-in counters, 10 passenger boarding bridges, and an in-line luggage handling system.
Pune Ring Road Project
Photo Credit- Business Standard
The ambitious Pune Ring Road Project is set to span 128 kilometers, seamlessly connecting the city to 29 neighboring villages and main highways. This eight-lane motorway, with a maximum speed limit of 120 km/h, promises efficient and swift transportation for residents and travelers alike.
The project boasts six flyovers, three tunnels spanning 3.75 kilometers, 18 major bridges, and 5 minor bridges, adding to its architectural marvel. Divided into four phases, the road's course thoughtfully weaves through numerous villages, facilitating enhanced connectivity, fostering economic growth, and bringing the vision of a well-connected and modernized Pune to reality.
Current Status
This ambitious project is strategically divided into two sections, east, and west, with the construction of the western portion already underway. The second phase is scheduled to kick off by the end of 2023. Anticipated to reach its full fruition by 2026, the completion of the entire Pune Ring Road is eagerly awaited.
Pune Metro Rail Project
Photo Credit- PMC Gov.
The Maharashtra Metro Rail Corporation Limited (MMRCL) is all set to transform Pune's transportation landscape with its ambitious project featuring three corridors. The first corridor, Line 1, will connect PCMC to Swargate, marked by its distinctive Purple Line. Meanwhile, Line 2, the Aqua Line, will link Vanaz to Ramwadi, catering to the city's growing urban needs. Lastly, Line 3 will stretch from Hinjawadi to Civil Court, promising improved connectivity and efficiency across these vital destinations. With MMRCL at the helm of this groundbreaking initiative, Pune is poised to witness a revolutionary shift in public transportation, offering convenience and accessibility to its residents like never before.
Pune Smart City Mission
Photo Credit- Square Yards
Pune leads India's smart city movement with five-phase planning: visualize, identify issues, propose ideas, implement solutions, and raise awareness. These initiatives aim to transform Pune into India's finest smart city. The project is expected to be completed by 2023.
The goal of Pune Smart City
Ensuring uninterrupted electricity supply, revolutionizing sanitation through efficient waste management, and redefining urban mobility with seamless public transport. But that's not all! Pune Smart City also champions affordable housing for the underprivileged, making dreams come true for all its residents!
Current Status- The project was launched in 2015 and is expected to be completed by 2023.
Commercial properties come in various types to meet the diverse needs of businesses and organizations. Let's explore these property types in simple terms:
Office Buildings:
These are common in cities of all sizes.
In big cities, they can be tall skyscrapers.
Offices can be in one big building or shared by many companies.
There are different grades:
Grade A: The best, at prime locations with high rents.
Grade B: Slightly older, fewer facilities, more affordable.
Grade C: Oldest, few facilities, lowest rents.
Industrial Properties:
Usually outside cities and larger in size.
Can be factories, warehouses, or research facilities.
Often owned by the occupier but sometimes rented out.
Sometimes need special permits for business activities.
Retail Properties:
Found in cities and suburbs in various forms.
Can be malls, shops, or even small stalls.
Formal types have safety features, informal ones may not.
Can be single or shared by multiple tenants.
Residential Properties for Commercial Use:
Sometimes apartments or houses are used for business, like serviced apartments.
Condos or condominiums fall into this category.
Popular with multinational companies and expats.
Managed by professional companies, taking a commission from owners.
Hospitality Properties:
Includes hotels, resorts, and motels.
They are for travelers looking for short stays.
Can be part of a big hotel chain or individually owned.
Boutique hotels are unique and offer various services for guests.
Specialty Properties:
These are unique properties not fitting in the above categories.
Examples include amusement parks, bowling alleys, and skating rinks.
These properties provide entertainment and leisure options.
Commercial properties are essential for businesses to operate and serve various purposes. Each type serves different needs and offers different features, catering to the diverse requirements of companies and organizations.
Bhor: Where Nature, Connectivity, and Business Converge for Investment
Bhor, a charming tourist town in the Pune district, is located approximately 50 kilometers south of Pune. It enjoys excellent road connectivity with Pune through SH 70, as well as easy access to the Bangalore Pune Highway (NH-48). Bhor is conveniently situated just 15-20 kilometers away from the Kesurdi MIDC and the industrial area in Shirwal. This strategic location makes Bhor an attractive destination for both tourists and business activities. One can explore the nature's beauty of the region while also taking advantage of its proximity to industrial areas and major transportation routes. Bhor truly offers the best of both worlds.
Why invest in plot properties in the Bhor region
Investing in plot properties in the Bhor region offers several compelling reasons. Firstly, the area boasts breathtaking scenic beauty, with its lush green landscapes, rolling hills, and tranquil surroundings. This natural beauty enhances the quality of life and makes it an attractive destination for those seeking a peaceful lifestyle.
Secondly, Bhor is strategically located near employment hubs and industrial areas such as Kesurdi MIDC and Shirwal. This proximity to thriving economic zones ensures a steady demand for residential and commercial properties, making it an ideal choice for investment.
Additionally, the region has witnessed a significant appreciation in land properties over the years. As the value of plots in Bhor is expected to increase, providing investors with a promising opportunity for capital appreciation.
What type of land properties are available in Bhor?
Residential Plot
Hill view Plots
Lakeview Plots
Advantages of owning a plot property in Bhor
One of the key advantages of this investment opportunity is the low initial investment required. With a low entry point, individuals can easily enter the market and benefit from the potential returns. Additionally, another benefit is the low property tax associated with this investment. This not only helps to minimize the ongoing costs but also increases the overall profitability of the investment. Furthermore, the land in question appreciates rapidly, indicating its potential for long-term growth and capital appreciation. Lastly, this investment offers greater flexibility, allowing investors to adapt and adjust based on market conditions and their financial goals.
Economy / Infrastructure in Bhor
Industries in SKD Shiv Industrial Park, Shirwal, are approximately 16 km away from Bhor, offering convenient accessibility.
Bhor boasts prominent educational institutions such as Anantrao Thopte College, Gurukul English Medium School, and Jijamata Vidyalaya.
The locality has healthcare facilities, including Burande Hospital, Patil Hospital, and Nachiket Hospital.
Residents can enjoy recreational facilities within a 5 km radius such as the Cricket Ground in Ganesh Nagar Bholawade, Bholawade Udyan, Nani Nana Park, and Municipal Garden.
Bhor offers proximity to popular tourist attractions like Bhor Rajwada, Basarapur Lake, and Bhatghar Dam Floodgates Viewpoint, all within a 6 km radius.
Connectivity of Bhor
Bhor is conveniently connected to Pimpri and neighboring areas through the SH70 and NH 48 routes, ensuring easy accessibility. The smooth bus connectivity to Pune, Satara, and Mumbai further enhances the convenience for residents and travelers alike. Moreover, Valha Railway Station is a vital link, connecting Bhor to major neighborhoods and localities, facilitating efficient transportation options.
About Genuine Plots
Don't let paperwork complications hinder your land purchase. Opt for Genuine plots and experience a seamless transaction. Say goodbye to legal disputes and hello to peace of mind. Take action now and secure your dream property with confidence. Call us and simplify your land-buying journey.
West Pune: Where Well-Developed Infrastructure Meets Investment Opportunities
West Pune provides residents with modern housing options and the convenience of business centres, shopping areas, and healthcare facilities. The region's better town planning and infrastructure contribute to an organised and well-developed environment. Additionally, there has been a focus on improving transport and public facilities, ensuring enhanced connectivity and amenities for the residents. With its comprehensive offerings and ongoing development, West Pune presents an attractive destination for individuals seeking a comfortable and convenient lifestyle.
Why invest in West Pune?
Thanks to the region's rapid development and increasing demand, it provides a better return on investment than other areas. Additionally, there is a reduced risk associated with investment in West Pune due to its established infrastructure and growing popularity among homebuyers. Moreover, investors have the flexibility of design, as they can choose from a variety of modern housing options and customise their investments according to their preferences. With these factors combined, investing in West Pune proves to be a lucrative opportunity for individuals looking for a profitable and secure investment venture.
What type of plot properties are available in West Pune?
Residential Plots
NA Plots
What are the advantages of owning a plot in West Pune?
Buying a plot in West Pune offers several advantages. Firstly, it provides the flexibility of ideas, allowing buyers to design and construct their dream homes according to their preferences. Additionally, purchasing a plot in this region is a low-cost investment option compared to buying a fully constructed property. This affordability, combined with the region's rapid development, ensures a good return on investment. Moreover, the paperwork involved in buying a plot in West Pune is relatively easy and hassle-free. Furthermore, the property tax rates in this area are comparatively lower, reducing the financial burden for the buyers. With attractive pricing and the potential for customization, buying a plot in West Pune presents an enticing opportunity for those seeking a cost-effective and personalised investment.
About Genuine Plots
When buying a land property, opting for Genuine plots can greatly help in the associated paperwork. Genuine plots typically have proper legal documentation, ensuring a transparent and hassle-free transaction process. Buyers can avoid legal disputes and complications with clear titles and accurate documentation. When purchasing a land property, choosing Genuine plots can provide peace of mind and convenience, facilitating a seamless experience through the paperwork requirements.
The Pawna region witnessed a significant transformation with the construction of the Pawna dam project in Maval taluka in 1973. The dam created a reservoir, resulting in Pawna Lake's formation from the backwaters. The proximity of this picturesque waterbody to the popular hill station of Lonavala and renowned forts such as Lohagad, Tikona, and Tung has contributed to a rapid rise in tourism in the region.
Pawna Lake's serene backwaters have become a sought-after destination for travellers seeking natural beauty and recreational activities. The tranquil atmosphere, surrounded by lush greenery and rolling hills of the Sahyadri mountain range, attracts visitors looking for a peaceful escape from the city's hustle and bustle.
Why Invest in plot properties in Pawna region?
1) Long-Term Legacy
2) Tax Advantages
3) Tangible Asset
4) Appreciation value
Connectivity of Pawna region
The Pawna region enjoys good connectivity with nearby cities, making it easily accessible for travellers. Here are the approximate distances from major cities to Pawna Lake:
- Pune to Pawna Lake:
- Via Kamshet: Approximately 65 km by car/bike.
- Via Paud: Approximately 52 km by car/bike.
- Via Somatne Phata: Approximately 57 km by car/bike.
- Mumbai to Pawna Lake:
- Via Kamshet: Approximately 117 km by car/bike.
Types of Plots available in Pawna region
1) Residential Land
2) Lakefront land
3) Hill view land
Infrastructure in Pawna Region
The Pawna region boasts a well-developed infrastructure. The area is characterised by the following features:
- Good Roads: The Pawna region benefits from well-maintained roads, ensuring smooth connectivity to and from the area. These well-paved roads make it easier for travellers to access the region, facilitating convenient transportation to various attractions and amenities.
- Good Medical Facilities & Emergency Services: The region has made significant strides in providing quality medical facilities and emergency services. Residents and tourists alike have access to healthcare centres, clinics, and hospitals offering various medical services. In the event of emergencies, prompt emergency services are available to ensure the well-being and safety of individuals.
- Restaurants & Eateries: Pawna region offers diverse restaurants and eateries.
About Genuine Plots
When considering the purchase of a land property, it is highly advisable to opt for Genuine plots, as they can greatly assist in the associated paperwork.
Buyers can avoid potential legal disputes and complications arising from unclear titles or inaccurate documentation by choosing Genuine plots. Genuine Plots provide buyers with peace of mind and convenience, as they can confidently navigate through the paperwork requirements, knowing that they are dealing with a property that has a solid legal foundation.
Ultimately, opting for Genuine plots simplifies the buying process and contributes to a smooth and satisfactory experience.
Khandala calling,investment opportunities for dream plots and properties
Khandala is a picturesque hill station located in the Western Ghats of Maharashtra, India. At an altitude of 550 metres, Khandala offers stunning panoramic views of the surrounding valleys, lush green hills, and waterfalls. Renowned for its natural beauty and pleasant climate, Khandala is a popular tourist destination, attracting visitors from near and far. It is located on the Mumbai-Pune Expressway, making it easily accessible from Mumbai (approximately 80 kilometres away) and Pune (approximately 70 kilometres away).
What Type of plot properties are available in Khandala?
1) Residential Plots
2) Agricultural lands
3) Commercial Land
What are the advantages of owning a plot in Khandala?
Khandala is a popular tourist spot and is close to Pune and Mumbai. The limited availability of land in such scenic areas can result in property appreciation over time, offering potential returns on your investment. Owning a plot in Khandala can be a sound long-term investment strategy.
Economy in Khandala
Khandala's economy primarily revolves around tourism and hospitality.The town attracts many visitors, especially during weekends and holidays, who enjoy the region's scenic beauty, pleasant climate, and recreational activities. Khandala benefits from its proximity to Pune and Mumbai, contributing to the economy through weekend tourism and second-home investments. Many people from these nearby cities visit Khandala for short trips or own properties for vacation purposes. Khandala also has a small agricultural sector, with some locals engaged in farming activities.
Why Live in Khandala?
Appreciation: Buying a plot property in Khandala, Pune, offers the potential for significant appreciation in value over time. Khandala is a highly sought-after location known for its scenic beauty, pleasant climate, and proximity to Pune and Mumbai. The growing demand for properties in Khandala and limited land availability can contribute to appreciating property prices, making it a lucrative investment option.
Tranquillity: Khandala is renowned for its tranquil and serene environment, away from the bustling city life. The region is surrounded by lush green hills, waterfalls, and picturesque landscapes, creating a peaceful and rejuvenating ambiance. Living in Khandala allows you to escape the noise and pollution of urban areas, providing a calm and relaxed lifestyle amidst nature's beauty.
Proximity: One of the significant advantages of owning a plot property in Khandala is its proximity to Pune.
Khandala is conveniently located approximately 70 kilometres away from Pune, making it easily accessible for commuting or weekend getaways. This closeness to Pune allows residents to enjoy a vibrant city's amenities, employment opportunities, and cultural attractions while residing in a tranquil hill station.
Investment: Buying a plot property in Khandala can be wise. As mentioned earlier, Khandala's popularity as a tourist destination and its proximity to Pune and Mumbai contribute to the increasing demand for properties in the area. Investing in a plot now can provide potential returns in the future, especially considering the limited availability of land in such scenic locations.
You can also build a custom-designed home or explore commercial opportunities based on local regulations and market dynamics.
Looking to buy Genuine plots in Khandala? Trust Genuine Plots for hassle-free documentation and seamless plot purchase. Contact us today!
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