by Mr. Anil Pharande, VP - CREDAI - Pune Metro
If you are new to this new Pune real estate
boomtown - Pimpri - Chinchwad, you need to know that its a modern twin
city situated South - East of Mumbai, in
the North - West quadrant of Pune.
Pimpri - Chinchwad also happens to be the fifth most populated
city of Maharashtra & has long been famous for being one of the most prominent
industrial destinations outside Mumbai.
Pimpri - Chinchwad Municipal Corporation..!
The twin cities of Pimpri-Chinchwad, governed
by the Pimpri Chinchwad Municipal Corporation (PCMC), are located 15 km from
the Pune city centre.
They form a continuous urban stretch, adding to
the overall Pune Urban Agglomeration, and contain a thriving industrial belt
that primarily consists of engineering and automobile industries.
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| Anil Pharande, VP - CREDAI - Pune Metro |
In fact, PCMC and Pune, when viewed as a
unified geographical unit, make up one of India's largest industrial areas.
Pimpri-Chinchwad has contributed a lot to the fact that Pune is the
second-largest industrial city in Maharashtra after Mumbai. That fact alone has
already spelt gold in terms of the Pune property market - but there's a lot
more.
New Real Estate Boomtown..!
Let me tell you a bit more about this new real
estate boomtown, and why it has come so much into the limelight.
As we know, location is everything in the real
estate market - both in terms of connectivity to the primary city &
pleasantness of environment.
Location & Connectivity..!
Pimpri-Chinchwad is situated on the Deccan
Plateau and is surrounded by hills. It
rises about 560 meters above the mean sea level, near the confluence of Mula
and Mutha rivers. Moreover, the Pavna River traverses the city, with the
Indrayani River cutting through it on the north-western outskirts.
Accessibility by road is excellent, to say the
least. Pimpri Chinchwad is situated on the confluence of NH (National Highway)
- 4 (the Mumbai-Bangalore highway) and NH - 50 (the Pune-Nasik highway).
In fact, the PCMC area boasts of an extensive
network of national highways to major cities such as Mumbai (163 KM), Nasik
(202KM), Nagpur (880 KM), Bangalore (835 KM), Hyderabad (548 km), Chennai
(1,166 KM) etc..!.
Railways are an important ingredient of
economic growth, and Pimpri Chinchwad is located on the Mumbai-Pune mail line.
It has broad-gauge, direct connectivity to Mumbai, Bangalore, Chennai and
Hyderabad.
The Pune airport, which is just 20 KM away, has
regular direct flights to New Delhi, Mumbai, Bangalore, Kolkata, Chennai &
Hyderabad (not to mention direct flights to Dubai and Singapore).
Industries..!
The Pimpri-Chinchwad area is home to abover
4,000 industrial units in the large, medium & small sectors, these include
some of the most reputed industrial companies of the country. Needless to say,
this makes it one of the most developed industrial belts in Maharashtra.
Where did it all begin?
With the arrival of Hindustan Antibiotics in
1954. The establishment of this public sector pharmaceutical company proved to
be a major catalyst, and PCMC saw rapid industrialisation over the next few
years.
To prepare the region for the boom to come, the
Maharashtra Industrial Development Corporation (MIDC) procured large tracts of
land in 1956, and in no time at all multinationals like SKF and Phillips, and
Indian giants like Tata and Bajaj set up major units here.
Now, PCMC industrial portfolio includes a large
number of engineering units as well as a number of other industries such as
pharmaceuticals, chemicals and telecommunications.
With such a scale of industrial development,
the PCMC area emerged as a major employment treasure trove, and the population
grew exponentially. Today, Pimpri- Chinchwad is a metropolis in its own right,
and is rightfully considered Pune's sister city.
Climactic Magic..!
The PCMC area has invigorating climate
throughout the year, thanks to it high altitude, moderate rainfall & a green cover that Pune can not even begin to
compare with. The monsoon arrives in during first week of July & extends to
middle September..
In this period, PCMC witnesses an average
annual rainfall is 700 to 800 mm. The maximum relative humidity during the
rainy season is 70 to 80%, and falls as low as about 30 per cent on summer
afternoons.
This is as close to a perfect climactic setup
as one can achieve anywhere in Maharashtra, and is one of the main reasons why
so many people from various regions choose to settle down here.
Ready For A House In PCMC?
Pimpri-Chinchwad is now an extremely popular
residential destination, which is why real estate development here has picked
up rapidly over the past 3 to 4 years.
One of the most important features of the PCMC
residential property market is the fact that it features large and amazingly
modern integrated residential projects.
Houses in these projects offer everything
required for a comfortable lifestyle within them - often at half the property
rates prevailing in Pune.
About The Author..!
Mr. Anil Pharande is Chairman of Pharande
Spaces and Vice President - CREDAI (Pune Metro). Pharande Spaces is a leading
construction and development firm that develops township properties in the PCMC
area of Pune.
Contact CREDAI - Pune (formerly PBAP):
Nucleus Jeejeebhoy Tower, 3rd floor,
Office no. T-1,T-2,T-3, Church Road,
Opp. Commissioner Office, Camp, ne 411 001
Tel. no. 020- 6052654, Tel. Fax. no. 020 - 2605
2656
Email Id:
pbap@vsnl.net, pbap123@gmail.com, credaipmr@gmail.com
Website:
www.credaipune.org
Pharande Spaces - Head office
"Tarangan" 98 / 2, Pune - Nashik
Highway, Guruvihar,
Bhosari, Pune: 411 039.
Email: enquiry@pharandespaces.com
http://www.pharandespaces.com/
Sales office
Tel: +91 20 92722 05555, Mobile: +91 90110
71036
Pune Office - Snehleela, Apte Road,
2 floor opp Apte School,
Pune - 411 004, Mobile: +91 8975570800
Gulf Representative: Anish Grover
Tel: +973 36642649 or +973 39859067
Email: pharandecplgulf@gmail.com
Woods ville
Opp. Pune International Convention Center,
Spine Road, PCMC, Pune, Maharashtra,
Mobile: +91 83084 79100, +19 83084 89100
Email: enquiry@woodsville.in
L axis - Sector 6, Spine Road, Opp.Bhosari District Center,
PCNTDA, Pune Maharashtra, India.
Mobile: +91 89755 19800, Email:
salesenquiry@l-axis.co.in
Celestial City
Sr. No. 86, Ravet Aundh Road, Near Expressway,
Ravet.
Tel: 90110 84000, 90110 85000, 90110 86000
Email:sales@celestialcity.in
For Media Contact
Jay Kalghatgi - Client Interface - CopyConnect
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