Pune Real Estate - All Roads Lead to Ambegaon..!
- By Mr. Kishor Pate, CMD - Amit Enterprises Housing Ltd.
No discussion on Pune’s property boom locations is complete
without an extensive evaluation of Ambegaon. An increasing number of Pune's
homebuyers are opting for areas with generous natural endowments and absence of
the crush of the city's central areas.
As Ambegaon offers superb connectivity
in addition to a green, hilly environment, it has naturally emerged as one of
the most favoured property locations in Pune.
As a matter of fact, Ambegaon will be one of Pune's most
exciting property boom regions for several years to come during the following
ten years. Apart from its abundant greenery, the backdrop of hills and
excellent connectivity, it is also an eminently affordable location. Moreover,
it offers a good spread of housing options, from multistoried apartment
projects to luxury townships.
Ambegaon is also close to the new MIDC in Shirval, which is a
massive employment hub which has given rise to ever-increasing demand for both
budget and premium homes here. Some of Pune's leading developers have responded
to this demand with projects that bear the brand of reliability, are very
suitably priced and additionally offer tremendous investment appreciation
value.
Kishor Pate, CMD - Amit Enterprises Housing Ltd |
The growth of Ambegaon has been partially because of the
spill-over demand from Sinhagadh Road, which has developed very rapidly and
seen unattractive price growth as a consequence. But one of the leading factors
for Ambegaon's quick rise to fame has been the fact that it gives property
buyers a diversified choice of homes, ranging from premium bungalows and villas
to budget flats.
This location's natural ambience and absence of congestion and
pollution lend it a distinct aura of exclusiveness, simultaneously providing
homebuyers a welcome option to live and raise their families in bracing,
naturally blessed surroundings. Residential areas with the kind of abundance of
trees and green open spaces available in Ambegaon are home to healthier and
happier people, and have a cooler climate than the inner-city concrete jungle.
It is no accident that Pune's core city dwellers tend to be more
susceptible to suffering from conditions like asthma, bronchitis and
hypertension - most of the city's previously splendorous green cover has been
eroded by real estate development. In contrast, Ambegaon is a haven of peace,
calm and greenery - the hallmarks of Pune's glory years.
Moreover, Ambegaon is constantly seeing upgradation of its
support infrastructure by the Pune Municipal Corporation - a very important
factor driving property investors' interest in this location. Investment
appetite here is also because of the accelerated development of places like
Bavdhan, Sinhagad Road, Wagholi, Bhugaon and Undri.
These locations have for long been catering to the demand for
quality housing coming from employees of Pune's Information Technology sector,
but Ambegaon additionally gains from its proximity to the Pune-Mumbai
Expressway, the famous Sinhagad Technical Institute and the Bangalore Bypass.
In other rapidly growing locations of Pune like Baner, Wakad and
Hinjewadi, the predominant demand for investment properties comes from neighbouring
Mumbai. Ambegaon, on the other hand, has unique location advantages, Ambegaon
is also a hot favourite with investors from cities like Sangli, Satara,
Kolhapur and Shirval.
About The Author
Mr. Kishor Pate, Chairman & Managing Director of Amit Enterprises Housing Ltd. is the driving force behind one of the most successful real estate development firms in Pune and beyond.
Mr. Kishor Pate, Chairman & Managing Director of Amit Enterprises Housing Ltd. is the driving force behind one of the most successful real estate development firms in Pune and beyond.
Apart from its signature luxury projects like Montecito in Sahakar
Nagar and other premium gated townships, AEHL has also launched highly
successful affordable housing projects like Astonia Classic and Colori in Undri
and the Mediterranean-style township Astonia Royale in Ambegaon.
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