Magarpatta in Pune emerges as realty hotspot
Magarpatta, located in the eastern part of Pune has emerged as one of the realty hotspots in the city.
The locality has been in demand because of its close proximity with Kharadi EON IT Park, Kalyani Nagar, Koregaon Park, Fatimanagar and the Hadapsar Industrial Estate.
The much hyped DP Road is also in the vicinity that connects Koregaon Park to Magarpatta. This road lies near Mundhwa Road which comes after crossing North Main Road towards Koregaon Park.
Due to the road coming up, Koregaon Park will become one of the closest localities in the neighbourhood of Magarpatta. This connecting route from Magarpatta to Koregaon Park will fuel the development of residential projects in Magarpatta.
There are various other state of the art projects, services, commercial spaces, shopping malls in the vicinity making Magarpatta one of the most happening areas.
The locality with so many options has even invited many end-users and investors. Rates of properties in Magarpatta begin at Rs 4,500 sq ft which go onto Rs 14,000 sq ft.
Some of the prime developers who have their projects in this locality are Panchshil Realty, Marvel Realtors, Kumar Properties and VTP Group (Urban Homes).
The better connectivity along with other parameters has benefited the locality. Besides this, the overall development of Hadapsar and the adjoining areas have also influenced the realty growth in Magarpatta.
Related Real Estate News:
Titwala grows as an affordable real estate option
Sewri in Mumbai attracts home buyers
Ambegaon in Pune witnesses real estate boom
Fatimanagar, Hadapsar Industrial Estate, Kalyani Nagar, Kharadi EON IT Park, Koregaon Park, Kumar Properties, Magarpatta, Magarpatta in Pune, Marvel Realtors, Mundhwa Road, Panchshil, properties in Magarpatta, Pune
