Koregaon Park in Pune rises as prime real estate hub
One of the most expensive real estate destinations in Pune, Koregaon Park is becoming a sought after realty hub now. Even before in the 1970s, it was a location of choice for bungalows.
After the arrival of Osho Commune, the real transformation of the locality happened. It has its own identity, which is very separate from that of any other area in Pune.
For interested buyers, the place has become one of the prime locations over the years. Properties in Koregaon Park whether residential or commercial are much in demand now. New residential complexes especially high-rise buildings can be seen dotting the real estate chart of Koregaon Park.
The main reason for high demand of this locality is its proximity to the IT hub, Kalyani Nagar. Today, a residential property in Koregaon Park is sold anywhere between Rs. 16000-17000/sq.ft., depending on exact location and specifications.
However, as per experts, eight years back the rates in Koregaon park area was around Rs. 3,000 per sq. ft. Now, the rates have increased five times. Furthermore, the area is home to luxurious villas to high end luxury projects in Pune.
Koregaon Park is conveniently located around 6 km from the Pune International Airport and about 3-4 km from the Pune city railway station. The area is also a preferred choice among the high net worth individuals (HNIs).
Also, there are many good restaurants, shops, hotels, schools in the vicinity which makes it one of the favourites. The current residential property rates at Koregaon Park are between Rs 16000-17000/sq.ft., depending on exact location and specifications.
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[...] Koregaon Park in Pune rises as prime real estate hub [...]
[...] Koregaon Park in Pune rises as prime real estate hub [...]
[...] Koregaon Park in Pune rises as prime real estate hub [...]