Wagholi is developing as a residential investment hub. It is counted as a promising residential and commercial destination. Many reputed real estate developers are coming up with their projects in Wagholi as living and working in Wagholi has become a trend in Pune.
Pune is counted among the most affordable residential destinations and Wagholi is considered as one of the fastest emerging localities in Pune. The residential real estate market in the area has grown rapidly; therefore the industry experts mentioned the locality as one of the best residential investment options.
How?? Let us have a look
Unbeatable Property Rates
If your budget is limited, Wagholi is the area that you can pick. Wagholi is the most affordable option for those who cannot afford property in Koregaon Park where the property prices are much higher when compared to the former.
Affordability is the main factor due to which area is witnessing high demand from working professionals. Currently, the rate per square foot price going on in this area is Rs 4000.
Wagholi is getting a serious demand from those property buyers who have had enough of being in traffic blockages, noise pollution levels, intolerable air and the apathetic sight of a seamless concrete jungle.
Seamless Accessibility
- Wagholi is well connected to Khandala – Loni road which makes the area accessible to the other parts of Pune.
- Elongating from Bund Garden to Wagholi, the six-laned 15 km-long Nagar Road provides easy access to various prominent IT-driven areas such as Kharadi, Kalyani Nagar, and Viman Nagar. Nagar Road further connects to Kharadi Bypass Road and Pune-Solapur Highway.
- The closest railway station to Wagholi is Pune, which is approximately 14 km.
- Pune Airport is located at a distance of 11 km via the Lohegaon-Wagholi road.
Civic Infrastructure
- The residents of Wagholi have the advantage of the presence of several good educational institutions like Netaji Subhash Chandra Boys Military School, Jyotirmay International School, Sharad Pawar International School, Lexicon International School, Dhole Patil College of Engineering, Moze College of Engineering, GH Raisoni College of Engineering and Technology, JSPM Imperial College of Engineering and Research, etc.
- Proximity to good clinics and hospitals, banks and ATMs, also make this locality a great place for living.
The future of Wagholi seems to be promising, given the large-scale real estate and infrastructural developments happening here. The proposed Ring Road project (connecting Pune and PCMC areas) falls in this region and will be a major growth driver for the residential real estate.
Ongoing and upcoming infrastructure developments in Wagholi include:
- The Mumbai-Bengaluru Infrastructure Corridor
- The road connecting Wagholi to Eon IT Park through Nagar Road
- A flyover connecting Wagholi to Shikrapur.
Ongoing residential projects in Wagholi are:
Some of the ongoing projects are Samrddhi Lake Tower, Sairung Firefly, Mantra Divine, Harshad Kings Town, Vardhaman Elegance, BA Vermont and Majestique City.