by Mr. Kishor Pate, CMD - Amit Enterprises
Housing Ltd
Sahakar Nagar needs no introduction to
Pune's citizens. This elite residential area is one of the oldest and most
respectable addresses in the city.
However, those who are not familiar with
the city may not even have heard of it. This is because Sahakar Nagar, which is
home to Pune's hoi polloi - the most established businesspersons and movers and
shakers - has always been an extremely exclusive real estate market for
decades.
Primary Residential Configuration..!
The primary residential configuration at
Sahakar Nagar is bungalows and villas, which comprise most of the housing
landscape of this high-profile location. The resident profile primarily
reflects Pune's traditional Maharashrian ethos, which has helped preserve
Sahakar Nagar's reputation as one of the last outposts of the city's communal
roots.
At the same time, the population of
Sahakar Nagar is distinctly cosmopolitan.
Sahakar Nagar is unique in yet another
aspect. Because of the fact that the residents of Sahakar Nagar will never want
to move anywhere else, it has no resale market. Also, since it is fully
developed and occupied for many years
now, there is next to no new residential supply.
Mr. Kishor Pate |
Sahakar Nagar is largely driven by end
users, but the investment potential is massive because of the lack of supply
and very high demand for homes in this area.
Bharati Vidyapeeth..!
The location itself is perfect. At a
high elevation, it offers a breath-taking view of the Parvati hill area as well
as thick reserved forest lands. Bharati Vidyapeeth, one of Pune's most upscale
educational institutions, has its campus close by.
The Pune-Satara road provides ready
access to all key areas of Pun e, including Deccan Gymkhana, Swargate, Aundh,
Camp and Koregaon Park as well as other key areas of Central Pune.
The Mumbai-Pune Expressway is readily
accessible via the Katraj Bypass. It is also within a stone's throw from City
Pride Cineplex and has its own integrated high street shopping area, which most
of the local residents patronize.
Thanks to its unmatched locational
advantages and also its unique profile, Sahakar Nagar is an address that most
Puneites have only been able to dream of. With next to no availability of
residential units of any kind, its status as a stronghold of Pune's elite
stands unassailable.
The residential property prices in this
exclusive location range between Rs. 12,000 to Rs. 15,000 suare foot, but the
prospects of obtaining a home here have so far been extremely restricted.
Amit Enterprises Housing Ltd.
established its foothold in Sahakar Nagar back in 2007 with the launch of the
luxury apartments project 9 Green Park. This project was finished in 2010 and
is, not surprisingly, completely sold out.
However, another upcoming luxury
apartments project by Amit Enterprises Housing Ltd. still offers the hope of
home ownership to Pune's discerning few. Arcadia - located adjacent to 9 Green
Park - enjoys the most spectacular view yet of Sahakar Nagar's legendary
beauty.
This ultra- luxurious apartments project
has been designed by renowned architectural firm Talati & Panthaky - one of
the country's most selective architectural houses that has created some of
India's richest peoples' homes. Arcadia will consist of between 14-16 stories
of residential apartments, backed up with seven stories of reserved parking.
Arcadia will be a signature residential tower offering a distinctive final
flourish to one of Pune's most sophisticated and exclusive addresses.
For Media Contact:
Mr. Jay Kalghatgi
Client Interface - CopyConnect
Mobile: 9320142248
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