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Published on 10/5/2017 12:09:38 PM
Top reasons to invest in Charholi Budruk
The festive season is round the corner and Charholi is one destination of Pune that has been less talked about. Located in the northern part of Pune, Charholi gives buyers and investors many reasons for considering it as an investment destination for.
This festive season, developers are offering exciting deals on every booking! Many cases tax exemption is provided by the developers as additional benefits. Discounts on base price, pre launch offers, and other corporate discounts are provided.

Here are the top reasons which make Charholi a winner:

Property in Charholi is affordable when compared to nearby areas such as Viman Nagar, Vishrantwadi, Kalyani Nagar and Koregaon Park. These are known to be high-end localities and are well established in terms of physical and social infrastructure.

Magicbricks research shows that the average capital values of Charoli properties range within Rs 4000 - 4850 per square feet. While a 1BHK flat can be bought in Rs 15 lakh to Rs 30 lakh, to buy a 2BHK flat, one need to invest Rs 27 - 60 lakh.

New projects

Charholi has huge land bank for construction of newer projects. Many are already underway and are in different stages of construction. Areas such as Koregaon Park and Vishrantwadi are saturated in terms of real estate development.

Connectivity

It is located near Pune’s Lohegaon Airport which is at 6 km distance and about 13 km distance from the Pune railway station. “The proximity to the airport has worked well for the real estate market of the locality. Its neighbouring areas too have benefitted from their nearness to the airport. The real estate of Viman Nagar and Nagar Road took off extremely well because of airport proximity,” says a popular developer.

IT proximity

As Charholi enjoys proximity to Kalyani Nagar, it sees constant demand from professionals with limited budget. Moreover, there is also a robust demand for a rented accommodation.

Future development

The proposed 170km Ring Road around Pune and Pimpri - Chinchwad is one of the major infrastructure project which is will its positive impact on real estate market of Charoli. “Charoli will be one of the first regions to receive the benefits of the proposed Ring Road as well as other infrastructure projects,” says Sanjay Bajaj, managing director - Pune, JLL India.

These developments will improve the inter-connectivity of Charoli to Pune and the Pimpri - Chinchwad Municipal Corporation and beyond. Needless to say, it will positively impact the property values of the locality.



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