Pune: Sinhagad Road area witnessing high residential development
With the demand for multi-storey apartments witnessing a notable increase across Pune, high residential developments are coming up in a big way on the Sinhagad Road, which is located in the peripheral area of the city.
According to the statistics shared by known property portal, a total of nearly 22 new high-rise residential projects are scheduled to be delivered on Pune’s Sinhagad Road area by 2016-17.
With regard to the growing residential-project potential at Sinhagad Road, local realty agent Ashish Makhija said that the expansion of residential property towards the peripheral areas of Pune is evident, given the fact that the land banks within the city have started shrinking.
The key attraction of the Sinhagad Road area from the residential property point of view is that the area is located at a distance of 8 kms from the central part of Pune city. The area offers convenient connectivity with the IT hubs of Baner and Hinjewadi; both of which are at a nearly 30-minute commuting distance from Sinhagad Road.
Moreover, the Mumbai-Bangalore Highway is also easily accessible from the Sinhagad Road area, which also boasts close proximity to hospitals, schools, banks, restaurants and entertainment hubs.
In reference to the alluring potential of the Sinhagad Road area, Makhija said: “The easy reach and land availability has grabbed the eyeballs of many developers.”
Source – magicbricks.com
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