Properties in Chakan: The Hub of Growth and Opportunities

Pune is considered as one of the top destinations for real estate in India. Pune has areas like Chakan that are growing at an astonishing speed. Properties in Chakan have gained a lot of traction in Pune off late. 

Renowned builders are exploring areas like Chakan and making them buzzing and lively localities.

Facts about Chakan: The rising Neighbourhood of Pune

Chakan is known as the Auto Hub of Pune. It is just an hour’s drive to Chakan from the main city. Chakan is also a hub for Special Economic Zone (SEZ) and Maharashtra Industrial Development Corporation (MIDC). The industrial area in and around Chakan is considered to be one of the best in the state. MIDC is a major reason for development of properties in Chakan. The area is a mixture of both basic as well as infrastructure for a classy lifestyle. The real estate growth in Pune is also due to the phenomenal growth of the auto sector in the city. World leaders in automobile sector such as Volkswagen, Daimler Chrysler, Mahindra & Mahindra and Bajaj Auto have a very strong presence in Chakan.

Dwarka, a township in Chakan: Redefining Lifestyle

Dwarka is an elite project by Naiknavare Developers Pvt. Ltd that has all the components for a superior, elegant lifestyle. It is a 130 Acre Township and is slated to have over 6000 high end residences. Dwarka at Chakan inspired by Bharat Pattern is your destination for best property investment. The project has apartments, row houses and bungalows coupled with luxurious amenities. Dwarka is a perfect blend of the Indian culture and modern amenities.

Properties in Chakan like Dwarka will definitely augur well for future growth of real estate in Chakan! 

Eagle's Nest - Housing Project in Talegaon

Reasons Why Builders & Buyers in Pune are Hopping Mad Over Locations

We all know that builders in Pune are going that extra mile (literally) to ensure best locations for their residential projects. The fringe areas of Pune are a testimony to the fact that builders are looking for unconventional locations which have the potential to develop into mainstream neighbourhoods. Likewise skyrocketing prices of the saturated main areas in the city like Kothrud, Camp, Prabhat Road, etc prove how important the location is. The prices of properties are determined by locations. Well, that was one reason why location is so important! Here a low down on a few other reasons.

Tells you about the People 

The name of the location itself gives you an idea about what kind of a neighborhood it is going to be – upper class, middle class, lower economic class etc. This is a huge factor when it comes to developer wanting to attract people and people looking for apartments in Pune.  

Safety 

Location is important for builders in Pune alike and buyers alike from the perspective of safety. The location of the project tells you how safe that area is going to be.

Connectivity 

Location is a crucial aspect for first time home buyer from the point of view of connectivity with major areas in the city. That is especially when the property in Pune is in the outskirts of the city. Additionally, things required daily or in emergency situations like medical care have to be within walking distance. If that is not the case, the property may not be bought. So builders in Pune would not generally take a risk in an absolutely non-descript location! 

Resale and Appreciation

It may not very well happen that you would stay in a single place for your lifetime. You would most probably change your place. If it is a well developed location or developing location, the property will definitely fetch a good resale value and appreciation. 

Taking care of all these aspects while conceiving a real estate project is Naiknavare Developers Pvt. Ltd. (www.naiknavare.com) with almost 3 decades of experience in real estate, this ranks among the most well known and trusted real estate builders in Pune.

Real Estate Developers in Pune

We know you might not be interested even wee bit in reading about Pune properties and blah, real estate developers in Pune. But then, hey, we have to show our clients that we work! (Okay, by now, we hope that you understood that we are obviously kidding!) So we would like to start over again.

Over the past few years, builders/real estate developers in Pune have been making merry, creating Pune properties in greener pastures on the outskirts of Pune. Gradually, however, in that department too, developers are running out of gas (read space). You would not need an Einstein to observe and understand the fact that some of the reputed real estate developers are already looking out of Pune to expand their business.

The easiest and most viable options out of Maharashtra for real estate developers in Pune seem to be Goa, Bengaluru and perhaps Hyderabad. With developers looking to tap these exciting emerging markets, it is adding to their repertoire. As a result, an enhanced brand value and presence is created for the developer. On the flip side, the prospective buyers get the benefit of increased choice of properties. For instance, a home buyer is looking for properties in Goa. He cannot zero in on a property, as the developer that buyer wants to be associated with does not have a presence in Goa.

In this scenario, if the particular developer the buyer favours has a presence in Goa, the buyer is most likely to consider that. Further, venturing in another state gives the developer the chance to create contacts and grow their business. The same applies to developers from other areas planning to develop properties in Pune. Primarily, the whole point of writing this blog was to say that whether it is the most renowned developer with the best of Pune properties or properties in Goa, getting out of comfort zone is the key to success. We say adieu till next time!