Wagholi - Affordability, social
infrastructure development and proximity to IT hubs are the other influencing
factors are causing developers, investors and home buyers to flock to this
region.
Wagholi, located on the
Pune-Nagar Highway close to the Kharadi IT hub, has been enjoying rapid
development in terms of real estate, social infrastructure and education
sectors. The area, once a predominantly industrial region, is now a
sought-after residential destination among both investors and buyers.
A decade ago, Wagholi was just an
extension of Pune in the eastern corridor, with no real estate or
infrastructure developments. However, with the heart of Pune reaching
saturation point, people are looking to the peripheral areas for investment.
This is one of the reasons why construction activity in Wagholi has gained
momentum over the past five years. In addition to this, its strategic location
on Nagar Road and great connectivity with the airport, Sholapur Highway, Bund
Garden and the Shikrapur-Chakan Road make it easily accessible.
Source: MoneyControl
